Betfair is presumably the leading operator among all else sports betting exchanges. It was first established in 2000 and brought several innovations in the sports betting scenery, At first, it offered a betting exchange product, nonetheless, within the last few years it has added a solid sportsbook product, as well as poker and casino.
Since it was acquired in 2016 by Paddy Power, it has largely evolved into the first option by far, for punters who want to benefit from Betfair live betting offering. The operator not only provides many great features we will analyze below, but also several other pros that bring everything if not more that recreational and pro bettors need. Stick with us, and learn everything there is to know around live betting Betfair has to offer.
For starters, we need to clarify, that there are many ways to benefit from Live Betfair platform and make sure profit, however, the strategy you need to follow, differentiates according to the product you wish to use, betting exchange or sportsbook.
Betting Exchange: Talking about exchange live betting, Betfair offers a top-notch product where you can back and lay your bets without hassle. Provided that you are a pro punter, you will most likely use Betfair live exchange as a tool to follow the market trends and sell your bets accordingly. Due to the fact that they have high liquidity in almost every available market, it is an indicator that your bets will be traded and as a result, you will make sure profit.
Besides that, you might have been wondering, how you can use in practice live Betfair product in order to win and make stable and sure profit. Well, the first thing you need to always think of, is your strategy. Regularly, most professional players who want to arbitrate, search for odds discrepancies among several operators and bet simultaneously on two of them to make sure profit. The simplest method to do so, is by placing a bet on a typical bookmaker, and on the same time, laying the same market on the betting exchange. The aforementioned strategy can easily be performed in live betting Betfair offers, as its odds are the highest on the market and it almost impossible not to find another punter to match your bet.
Another important factor you need to consider, is that Betfair has a friendly approach towards sure bettors and you won’t face any issue such as account limitation or closure. Thus, if you wish to follow a betting strategy such as sure betting or value betting, you can exploit the usage of an arbitrage calculator or arbitrage software and start backing or laying your bets on the go.
We earlier slightly mentioned what Betfair live offering brings to the table, and among them, we referred to the high odds. As we are solely talking about the betting exchange product at the moment, we will give you some hints. In the more recent years, for those punters who want to make sure profit by betting on live, Betfair is a paradise on major sports and popular markets. Meaning that even though you may find the highest odds in sports like football, tennis or basketball, that unfortunatelly doesn’t typically apply to the smaller ones. Added to that, In secondary leagues you will see for yourself that the liquidity is not that high as well. This can be proven negative for those of you who are keen on finding sure bets on non popular sporting events.
Despite all that, due to the amount of events offered on a montly basis for live betting, Betfair once again comes on top. Here, you will find more than 25.000 events on a monthly basis to back or lay your bets. Luckily on major sports, there is an abundance of markets to benefit from in order to find betting opportunities.
Sportsbook: Now it’s about time that we talked about the sportsbook product, and here you can also benefit from Betfair live betting offering as well. To begin with, we all know that fixed-odds betting has a major disadvantage compared to the betting exchange and this is the margin. Definitely, Betfair doesn’t have a small commission rate on the exchange as it lies at 4%. However, the pros we mentioned earlier are more than enough to compensate you. On the other hand, even if you bet with a low margin, your odds will be still worse than the betting exchange.
Despite that, the overall payout of Betfair is above 98% which is more than great. In basketball or horse racing, the payout can even be above 99%. On the contary, if you are an avid football or tennis bettor you might be dissapointed, as the juice surpasses 7% or even 8% in some cases. Moreover, you will be glad to know that there are more than 30.000 monthly sporting events and high odds in most markets. Since you are most into live betting, Betfair offers slightly less events in-play but the choices are limitless. You can find both typical and special bets, including handicaps, nonetheless, there are no Asian handicaps at all which can be a minor setback.
Except for all that, if you want to win in live Betfair betting, you can exploit the features that the operator provides on the betting exchange and the sportsbook as well. Beginning with the cash-out options that also contain automatic or partial cash-out and come in handy if you want to set a specific profit level and maintain a discipline on your profits and bankroll. Another great feature is the loss limit and it applies both for pre-event and Betfair live play and you can stop or limit your losses if things take a bad turn for your open positions.
As for our final verdict regarding live Betfair betting and how you can win there, it’s pretty straightforward. If you have successfully seen and understood the great offering of Betfair in live odds and markets, you can use this advantage for sure bets and winnings by exploiting betting opportunities you will find. The fact that the exchange has no stake limits and you can wager with other players is a major advantage. On top of that, you can use really useful features of Betfair and steadily increase your winnings and bankroll.
