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Betfair Casino Info & Details
Company | PPB Counterparty Services Limited |
Adresse | Triq il-Kappillan Mifsud, St. Venera, SVR 1851, MALTA |
Regulation/License | Malta Gaming Authority (License number MGA/CRP/131/2006 – 01.08.2018 ) ) |
Telephone | 0044 20 3059 8888 |
[email protected] | |
Live Chat | available |
Contact form | exist |
Service times | 10:00 to 19:00 |
Payment options | Credit cards, PayPal (sports betting only), Neteller, Skrill, Paysafecard, Bank transfer, Sofortüberweisung |
Minimum deposit | $1CA |
Dues | no |
Account management is possible in | dollars, British pounds, Danish kroner, Norwegian kroner, Swedish kronor, Russian ruble |
Withdrawal Options | Credit Card, Neteller, Skrill, Wire Transfer |
Betfair: World's largest online betting company
Betfair is with the incredible number of over five million bets per day by far the largest betting company on the World Wide Web. This means that more bets are made at Betfair every day than there are transactions on the dollar exchanges. In recent years, the technology has been increased to such an extent that 4,500 bets can be processed per second.
But at its core, Betfair is not a classic betting provider, but a so-called Betting Exchange - and this has been the case since its foundation in August 1999. The special thing is that Betfair does not primarily act as a bookmaker itself, but only provides the infrastructure without intervening in the betting process itself. Which Bet are made by the members and therefore follow the principle of supply and demand. Just like in the stock market.
The one who places the lay bet becomes a bookmaker and offers a odds to the one who placed the back bet. If the lay bet wins, you get the bet of the back bettor. If this is correct with his tip, you have to pay the agreed quota.
Up to 20 percent higher betting odds
The principle of the betting exchange leads to the fact that the odds at Betfair, according to their own statements, up to 20 percent higher better than other bookmakers. Although it is possible to argue about this advertising number, it must be recognized that the odds are actually higher than the average. After all, classic bookmakers also have to include the profit margin in their odds, which is why they tend to be worse. But of course, Betfair does not live on air and love, but charges five percent of the profit as a commission.
However, German and Canadian customers have not been able to participate in the betting exchange for several years. The reason for this is the betting tax of five percent, which allegedly makes the business model in this country unprofitable. Therefore, these customers are only the classic sports betting (Back bets) are available, in which Betfair appears as a bookmaker.
Bets on 27 different sports
But these bets can also be seen. Overall, you are spoiled for choice from 27 different sports . As befits a British company, of course, darts, dog racing, rugby, cricket and snooker are also included. Even lovers of unusual sports will get their money's worth. They also represent Australian leagues.
The rich betting offer is supplemented by typical gambling games. In the Casino Section you will not only find the classics, but a whole series of imaginative games with jackpots in a desirable amount. Among them, such exotic things as a game on "Britain's Got Talent".
Betfair Live Casino, Slots and more
If all this is too modern for you, it will come in Live Casino enjoy various table games, which are led by real croupiers. You can follow the events at the table live via cameras and it feels almost like in Las Vegas. Above all, there are various Roulette Variants which can be played at Betfair in the live casino. The minimum bet is only $ 0.10.
In the Vegas area you will find a large selection of well-known and new Slots . For slot players, the Macau area should also be interesting, where only Asian slot machines can be found. If this is too exotic for you, just play classic bingo or try it with "Deal or no Deal". Or you can just play a round of poker. The Exchange Games and Virtual Sports Games categories are completely new.
Betfair is certainly one of the most well-known names in the industry, as it also regularly acts as a sponsor of large teams. The company has made itself known outside of the sport with bets outside the scene. For example, political bets can be placed on the outcome of elections, and the media has also attracted attention with bets on "Germany is looking for the superstar" and "Beat the Raab".
Conclusion
Betfair is based in London and is managed by the Malta Gaming Authority licensed and regulated. In addition, there are licenses in other countries for certain customer groups. As a provider that focuses on sports betting and not on casino games, the support is less pronounced than with pure Online Casinos . Nevertheless, German-speaking contact persons are available in various ways.
Of course, Betfair also offers attractive new customers Welcome offers to. Especially the 300% bonus on first deposit of up to 300 dollars is tempting. In addition, with special functions such as cash out, with which you take control of the bets and can be sure of winning at the right moment, you are still trying to stand out from the big competition on the betting market.
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Headquarters of Betfair