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Bookmaker News of Betfair | Betting Exchange Strategies

In the Betfair category you can find the latest news of the worlds biggest betting exchange as well as trading strategies.

Betfair matched Leicester at 320.0 for win over Man Utd in-play

Betfair
Following their 4-0 triumph over QPR at Old Trafford last week, Manchester United looked to be fully in control of things on their visit to the King Power Stadium when they were up 3-1 in the game. Betfair had matched the Foxes at a price of 320.0 to produce the win, while United had been trading at a low of 1.03 with the betting exchange. Robin van Persie struck the…
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Betfair go live with Jumio ID Verification

Betfair
Online betting site Betfair have made the verification process for  accounts a lot easier for customers after going live with Jumio. What the integration will mean is that customers will not need to send in a picture of their ID to the verifications team anymore, bypassing the know-your-customer checks. Philip Rivers, head of registrations, payments and…
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Betfair add Ukash to their list of payment methods

Betfair
Betfair have landed a deal to offer their customers a new payment method, as they have teamed up with online payment processor Ukash. The integration of Ukash into Betfair, who already offer a vast array of payment options, will allow their customers to verify their identity and to make cash deposits into their Betfair accounts using Ukash vouchers. The vouchers…
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Betfair receive £1000 bet after Rory McIlroy’s face was seen on a Danish Pastry

Betfair
Inspiration for a bet can come from some odds places. We have all heard of punters having a bet on the Grand National simply making their decision based on the name of a horse, perhaps having a similarity to that of a family member, or even backing a selection based on the colour of jockey silks. For some bettors, there is just no science in their betting, it is getting…
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Betfair to refund The Tullow Tank Cheltenham bets

Betfair
Online betting site Betfair are to refund all Sportsbook single bets placed on The Tullow Tank, who looks set to miss the Cheltenham Festival. After being pretty prominent in the ante post for the Supreme Novices Hurdle and the Neptune Novices Hurdle at the festival, the news that he won’t be running has prompted the betting site to issue refunds. Owned by Barry…
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Betfair punter expected 16p profit but ended up with £5,000

Betfair
Surprises are great. They are even greater when they involve amounts of money coming to you that you had never expected. That is what happened to a Leeds man during the week who placed a football Treble. The punter thougth that he had won 16p, but it turns out that he had landed £5,000 instead. Jason Parmer had placed a £5 treble shot of Atletico madrid (11/10), Bayern
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Betting exhange Betfair to trial odds on Snapchat app this weekend

Betfair
It is important for bookmakers to keep trying to push new boundaries in order to attract new customers. The latest to find a unique way of reaching potential new customers is online betting exchange Betfair, who are going to try and exploit an opportunity presented to them by social media. Paddy Power have the biggest link with a social media platform at the moment,…
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Cash Out option at Betfair returns great value on unpredictable teams

Betfair
One great feature of online betting exchange Betfair is their cash out option on live betting. It is a tool which allows their customers to either lock in a profit, or minimize their losses with no regards to the final outcome of a match. If a backed team is winning a match for example, but you fear that they could get overturned come the final whistle, then you could…
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Punters believe in Jose Mourinho’s words, not in his team

Betfair
Punters should be flocking to Betfair, where customers have been able to snap up a price of 3.1 on Chelsea winning the Premier League this season. It is a strange price for the second favourites really, because the stats are on their side to suggest that they are a much stronger challenger for the title than that. Perhaps the distant price is all down to Jose Mourinho
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Betfair in potential ground breaking deal with Monmouth Park

Betfair
Betfair, the highly rated online betting exchange, have quickly bounced back from a disappointment in US racing to secure a new deal which could see them break new ground. Betfair had had a sponsorship deal with the iconic racetrack Hollywood Park, which was earmarked in December 2013 to be demolished in order to make way for some new housing. But that didn’t…
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Betfair increase support in Scottish Racing Series

Betfair
Online betting exchange Betfair have stepped up their level of support for Scottish Racing by expanding their Scottish Racing Series. Two additional National Hunt flat races have been added in, and the prize money being offered up on Finals Days, has more than doubled from £30,000 to a total of £75,000. The culmination of the Scottish Racing Series will be the…
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Betfair boost in profits in justification of business decisions

Betfair
Betfair’s profits rose to the sum of 16% in the six months up to the end of October, a good return and having a year of consolidation. The profits announced came in just above the average that the City had projected for them. Fortunately for the betting exchange, some of their business decisions were justified after rejecting a £1 billion takeover by private equity…
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F1 firm consider an approach to make an offer for betting exchange Betfair

Betfair
Following some disappointing results in trading on the London Stock exchange after being floated three years ago, online betting exchange Betfair could be the target of a takeover. CVC Capital Partners, who are a private equity firm who are the buy-out group behind Formula One racing, said they have been considering making a bid for the betting exchange. They…
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Betfair step up to sponsor 2013 Snooker World Championship

Betfair
The 2013 Snooker World Championship has finally gotten a sponsor title. The prestigious snooker event, which starts on April 20th, has been searching for a sponsor to partner up with. It was only on Monday though, that snooker supremo Barry Hearn announced that it would be online betting exchange Betfair who would be taking up the mantle. “We are thrilled…
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Betfair make a £5 million play for Blue Square assets

Betfair
Visitors to online bookmaker Blue Square, found themselves being directed to online betting exchange Betfair at the start of the week. The action came along with the announcement from the betting exchange that they have acquired certain assets of Blue Square. Visitors to the Blue Square website were directed to the Betfair site after the betting exchange…
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