Betfair review 2019 – Definitive Betfair betting exchange review
By Charles Hopewell | Updated March 21, 2019
Betfair review 2019 – Betfair are the leading player in the betting exchange industry but does the platform live up to all the hype and should you sign up for an account in 2019?
Read this in-depth Betfair review to find out more.
What’s in this Betfair review?
So what are you going to find in this Betfair review?
We’ve racked all the brain cells and gathered as much information in order to write this awesome Betfair review which we know you’re going to love.
If you’re contemplating opening a new betting exchange account but you’re not sure which platform to use, this review is for you.
We’ll look into all the key areas that make for a great betting exchange experience and discuss the pros and cons of using Betfair. We’ll also delve in to the different aspects which make them such a popular choice in the betting exchange industry
We’ve listened to the community and included their thoughts in this review. But we’d also love to hear your assessment of Betfair in the comments section below.
An introduction to the Betfair betting exchange
There’s probably no need to introduce Betfair to the majority. Whether you’re an experienced bettor or just getting started, you’ve undoubtedly heard of the Betfair exchange.
They are one of the largest online betting companies and the biggest player in the betting exchange market.
Founded back in 1999, Betfair revolutionised the betting industry with the innovative idea of creating a peer to peer betting platform – what we now know as a betting exchange.
In 1999, Betfair launched with quite a bang as they ran a coffin through the streets of London with the slogan ‘Death to the Bookmaker’ emblazoned on the side. The media loved it and it was brilliant marketing from the team at Betfair.
There was a huge buzz around the new concept of peer to peer betting. With the UEFA Euros in 2000 just around the corner, traditional bookmakers were not happy with the new craze.
They were worried about match fixing and money laundering and claimed betting exchanges should be banned in the UK. In reality they were just worried about losing customers and being on the back foot.
It’s fair to say, traditional bookmakers haven’t died like Betfair claimed they would. However, they’ve had to re-evaluate how they entice customers and stay competitive with modern betting exchanges.
One of the main challenges bookmakers continue to face is the inherent benefits to players using a betting exchange. We’ll come onto these reasons later in our Betfair review.