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Bet Fair Sports Book Betting
 First
bet on Betfair
Learn by Playing For Fun or take a
demo to show you how. Place bets on Baseball,
Basketball, Bowls, Boxing, Cricket, Cycling, Financial Bets, Gaelic Games, Golf,
Greyhound Racing, Greyhound - Todays Card, Handball, Horse Racing, Horse Racing
- Todays Card, Ice Hockey, Motor Sport, Poker, Politics, Rugby League, Rugby
Union, Snooker, Soccer, Soccer - Fixtures, Special Bets, Tennis, Volleyball,
Winter Sports, Yachting and more.
Betfair is proud to announce that it has won a Queen's Award for
Enterprise, in the Innovation category, for 2003. The award is the latest and
most significant endorsement the company has received, and will allow Betfair to
carry the Queen's Award emblem on its site for the next five years. A Queen's
Award is given (as its name suggests) by the Queen, on the recommendation of the
Prime Minister, and following a full assessment by the Department of Trade and
Industry.
All bets on Betfair have been placed there by users who either want to have a
bet in the normal way (back), or offer odds to other punters (lay).
Bets are matched between people with opposing views.
Why use Betfair
- You can bet that an outcome will happen (back) or that it won't happen
(LAY).
- You can choose the odds you want to play at
- You can bet whilst the game is in play.
Back or lay
When you "back" a selection (be it an individual, a team, horse, dog
or other), you are betting that it will win. This is just like betting with
conventional bookies.
When you "lay" it, you are betting against it winning. For example, if
you're betting in a market on which team is going to win the Premiership and you
lay Man Utd, you offer odds to other punters who wish to back Man Utd. If Man
Utd don't win, then you pick up the backer's stake. If Man Utd wins, then you
pay out. This is what bookmakers traditionally do.
You never know who you are betting against, your privacy and the confidentiality
of your bets is maintained by Betfair's secure site.
Choose odds
With Betfair there is always a choice of what odds to accept. If you want better
odds than are currently available, you can place an order for a better price,
but be realistic because there has to be somebody prepared to lay the bet at
those odds, and vice versa.
Take a look at the odds before a game and you will see them change as visitors
back and lay their bets. The odds often improve nearer to the off, as there are
more people in the market.
Beside sports betting, take a look at their casino an poker rooms too!
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