Bookmaker Review - Betfair

Welcome to our Boomakers review sections and specifically our Betfair Review.

Betfair is a fairly new set up when compared to the rest of the top bookmakers that we have reviewed. They have been online since 2000. They have built up their customer base to more than 2 million customers worldwide. Over 50% of their customers are not from the UK or Ireland and there are 15 million bets placed with them everyday.

Betfair is not a traditional bookmaker as they are in fact what is known as a betting exchange. A betting exchange is a person to person bet - which means that you are actually betting against fellow betters with betfair. Betting against other punters means that you are most probably getting some of the best odds that are possible. It is the punters that set the odds, not the bookmakers. When you join betfair you can do nothing but notice the huge number of betting possibilities. Whatever you fancy a flutter on you will most probably find it here. Its hard to find anything wrong with betfair and their website is very clean and easy to use.

There is a £25 free bet offer - instead of getting a £25 free bet after your intial bet, with betfair if you lose your initial £25 bet you get the £25 back. Betfair use a decimal points system as it is easier to compare, but there is a handy conversion chart for those that aren't used to decimal.

When using betfair its useful to know that a 'back' bet is a straight win bet, whereas a 'lay' bet is a where you are betting that an outcome will not happen.You can place a late bet on with betfair even in the middle of a game. There is a handy betfair sports betting forum where you can discuss sports betting hints and tips with your fellow punters.

In our opinion Betfair is the best betting exchange available.