There are so many things to be said about Betfair. The company was established back in 2000 and reached the status of the world’s top betting exchange. The fact that it’s still pretty much number 1 so many years later, in 2022, speaks volumes.
It’s not just the volume of bets and the wagered amounts that are impressive, the number of sports, competitions and events that are covered and offered for betting is quite astonishing. Having all that in mind, the liquidity level on all offered markets is unparalleled in the industry.
All the advantages of Betfair, other exchanges and Asian bookmakers are offered on BetInAsia BLACK, conveniently stacked in one betting account. So, in addition to Betfair, you will also gain access to two other betting exchanges and several betting operators (bookies).
OTHER BETFAIR PRODUCTS
Betfair isn’t just a betting exchange though, it offers a range of other products and services. Betfair also offers a traditional sportsbook, as well as an online casino, online bingo and poker.
Unlike the exchange where you are placing a bet that needs to be matched by another punter, or you are betting against a player who has already placed a bet with the sportsbook you are betting against the operator.
The online casino functions like a standard online casino site, the only difference is that if you have a Betfair account, you can access all of their services via a single account. We already told you about the betting exchange, it is accessible via our BLACK platform.
TRADING ON BETFAIR
One account of the multi-bookie betting platform BLACK will provide you with aggregated liquidity and guaranteed best odds on the market. By choosing to ‘back‘ or ‘lay‘ an outcome on Betfair betting exchange, you will increase your trading opportunities and build your ‘position‘.
THE HISTORY OF BETFAIR
The history of Betfair is eventful and quite remarkable. Edward Wray and Andrew Black are the names of the two people behind the establishment of Betfair.
One of the most notable things about Betfair is that it was the first company that was featured on the kit of a Premier League club, even before the Gambling Act of 2005 which allowed betting operators to be the main sponsors of football clubs.
Betfair started off as a betting exchange and it wasn’t until 2012 that the company launched a sports betting platform (conventional bookmaker) and it is still renowned primarily as a betting exchange.
In 2015 Betfair announced the merger with Paddy Power which was completed during the following 2016 and the company was later renamed to Flutter Entertainment. The company is listed on the London Stock Exchange and is part of the FTSE 100 index.
HOW TO START BETTING?
BETFAIR AND MUCH MORE ON BETINASIA BLACK
BetInAsia BLACK is built for professional bettors, like value or arbitrage bettors, but any recreational or aspiring semi-pro bettor can take advantage of more than ten Asian bookmakers and betting exchanges offered on BLACK. Odds offered on Asian handicap markets are highest on the market, thus offering a great edge to all users.