| Australian Betting Exchange |
customers, Betfair is the world's No. 1 online betting exchange, a concept that the company pioneered and one that has revolutionised the wagering industry. A betting exchange is an online marketplace where punters bet at odds set by other punters, rather than a bookmaker, bringing together people with directly opposing views. The result? Punters get much better odds, whether you want to back a selection, lay a selection, or bet in-play, because you are betting against other punters, not a bookmaker or the tote. exchange in Australia. A joint venture between Betfair in the UK and Publishing and Broadcasting Limited, it is licensed in Tasmania, with its main operation based in Hobart. it's easy to find your way around once you know what you're looking for. a secure, ring-fenced trust at the National Australia Bank in Hobart. |
think of it in similar terms to the Stock Exchange. Just as you buy a share on the Stock Exchange if you think it's cheap, you back a selection to win with Betfair if you believe the odds are generous. And just as you sell a share when you think it's too expensive, with Betfair you lay a selection (offer odds to other punters) when you feel the odds aren't generous enough. Betfair takes a commission of between 2%-5% on your net winnings on each market. Punters who have a net loss on a market don't pay any commission. Crucially, Betfair's system guarantees that the winner gets paid as soon as a market is settled. There is no risk of default, with punters unable to bet on credit. When the outcome is known, the winning party receives the dividend, less commission. the name or event you are interested in, and all available markets will appear. Click on the one you are interested in. You may need to click on several submenus before finding the specific market you are looking for. markets to Betfair Australia users are listed in the middle of the homepage, for example racing and Aussie Rules. Click on a link to go straight to a market. anything in the world of punting, and get some great betting information at the same time. information including betting history and funding methods. to log in to your account, and then you can start betting. most recently. Click on a link to go straight to a specific market. bet on in-running (during the actual event). Click on a link to go straight to a specific market. Australians can bet In-play over the phone call 1800 759 354. being turned in-play. |
 |