Horse Race Betting- 5 Reasons To Use Betfair
Since horse racing began there were people planning to bet about the result and others ready to take those bets. In the UK before introduction in the Licensed Betting Offices (LBOs) inside the 1960s much with the off course betting was illegal. The change within the law along with the expansion of major bookmaking companies has done much to popularise the experience.
Over the final decade, using the growth in the Internet, online betting exchanges, particularly Betfair have started to challenge the standard bookmakers near monopoly with the horse race betting market.
There are 5 reasons why Betfair is proving very popular amongst punters:
1. Betfair provides a wide range of sports and event betting on the touch of the mouse. Whether it's the 2.30 at Newmarket or that will get voted off next in Big Brother you'll find a market correctly on Betfair.
2. Unlike most bookmakers you're offered the opportunity of either backing on an event happening or otherwise. For instance you can bet with a specific horse winning a race or laying a horse never to win the race. This in essence allows you to act as the bookmaker.
3. You can normally progress odds on Betfair than others offered by bookmakers. This is especially true longer priced horses. Although it must be remembered that most successful wagers are at the mercy of a 5% commission charge.
4. Betfair covers around the world sports entertainment. This means that you are able to bet on races happening inside UK & Ireland, The USA, Australia, South Africa and the Far East. Literally you'll be able to bet one day night and sbobet day if you wish.
5. Betfair takes no part within the actual bets, it acts purely being an intermediary. It makes its money by charging 5% on all successful bets. This means that it does not worry should you win or lose. Therefore if you are very successful, unlike most leading bookmakers they won't close your down.
If you haven't tried Betfair yet it can be well worth going and achieving a review of their website because I am sure that it presence and influence will grow more inside the long term.
