Betfair is a true innovator in the sports gaming space. They not only introduced the concept of a sports exchange to the masses but brought sports investing as a safe investment to millions of individuals around the world. They created a near risk-free revenue stream as a business model by taking a commission from each profitable wager while not assuming any risk to the bookmaker.
Betfair is one of the prominent sports betting operators in the world. They offer unique products like in-play betting, live casino, slot games, lottery products, and services from other online gaming platforms like Fun88. Over the years, Betfair has become the most popular betting exchange in the industry by providing casino and traditional bookmaker services also.
When it started in 1999, Betfair was offering sportsbook services, and it is a part of the famous Paddy Power Betfair PLC. After completing the successful first year, they entered the online gambling market and quickly attracted a huge fan base from across the globe, including India. However, they have dedicated punters in the United Kingdom, Spain, and Italy. Since the mobile-friendly platform offers a trusted and safe gaming opportunity, the players use the Betfair Exchange for placing bets against other bettors rather than using the traditional bookmaker.
The Betfair Exchange allows customers to bet against each other instead of a bookmaker. It means customers can offer odds to, or request odds from, fellow Betfair punters and 'back' or 'lay' the outcome of a particular market.
The traditional type of betting involves action between a bookmaker and a customer where the customer will 'back' a bet, and the bookmakers try to 'lay' it. Exchanges efficiently cut out the bookmaker and allow the opportunity for a gambler to do both, giving customers more command and a better prospect of making money.
Betfair Exchange is available on the Fun88 platform, allowing players to buy and sell bets in real-time between each other. Since Betfair exchange allows both backing and laying options, it has become a popular online sports betting platform.
Buying a bet is also known as "backing," which means that the players believe in the outcome of that bet. On the opposite side, they can also sell a bet (also known as "laying"). It means they don't believe in consequence of a bet and will be compensated if it does not happen.
The Fun88 betting exchange is easy and fun to use, especially if the player is new to the whole betting exchange concept. It is exciting because players here need to bet against each other and not against the bookmaker, which is normal in other cases. With Fun88 betting exchange, the players will get a different and immersive betting experience.
With a lot of competition in the betting market, Fun88 stands unique with its features and exclusive promotions. Here are the reasons why the players should choose Fun88 to play the Betfair Exchange.
• Fun88 offers many sports betting options for the players to choose from.
• Since Fun88 covers almost every sport that players can bet on, they can enjoy placing their stakes on the Fun88 sportsbook.
• The live betting platform and the live-streaming competencies are excellent and strong. The aesthetics and functionality are great.
• Fun88 offers excellent deposit options or payment methods such as Indian Netbanking, Local Bank Transfer, debit/credit card, UPI/Paytm/Phonepe/Google pay, Skrill, Astropay, and Neteller.
• Fun88 provides solid betting offers and welcome bonuses like any other betting site. The regular bonus and exclusive promos are available for the players during the events like IPL, etc. The active players can enjoy the free bets, and plenty of prize draws from Fun88 promotions.
• Fun88 is one of the safest, legal, and trustworthy online betting sites in India. Since it uses encrypted technology, the players can enjoy betting safely on the platform.
• Players have plenty of options when it comes to contacting the customer care team. They can either use live chat 24x7 or email and use the WhatsApp messaging option.
Betfair is the largest online betting exchange in the world for a good reason. Customers here have the choice to bet on sports and events taking place worldwide. The value of Betfair Exchange odds is hard to match and offer more value.
In general, it is hard to find a betting exchange that can offer a more complete, all-around experience than Betfair.
Betfair Exchange is a hugely successful operator. Having tried and evaluated the Fun88 betting exchange, the players would be delighted to comprehend more betting exchanges would become available in India, as this has been painfully lacking in the past.
Hence, if you are a beginner looking for a betting site that offers:
• Betting exchanges
• Excellent sports experience online in India
• Regular and varied betting promotions
Then, give the Fun88 betting exchange a try!