FAQs
Register with Betfair
You can register with Betfair using the link below.
What is lay betting?
Lay betting is betting on a result to lose. It’s like saying for example “I bet you won’t get a bullseye” and if they don’t make the bullseye you win the bet. This type of betting is extremely popular on horse races as the favourite doesn’t always win.
How does this all work?
Once subscribed we will email you each morning, before midday, up to three tips of the day. Usually three tips are emailed daily with majority of the time all three tips winning. We pride ourselves on quality over quantity! Once the tips are received pop over to your betting exchange and place your bets.
What is a betting exchange
A betting exchange allows members to bet against each other rather than a bookmaker. Customers can offer odds to, or request odds from, fellow Betfair gamblers.
Where traditional bookmakers risk going head-to-head with gamblers on markets, a betting exchange takes on no risk at all. Instead, a betting exchange provides the platform for its customers to match bets against each other and takes a small commission on winnings.
Betting exchanges are becoming an increasingly integral part of the global gambling landscape, in many cases offering customers much better odds, more transparency, and an experience that feels intuitively fairer.
How to trade on Betfair
The Betfair Exchange may seem confusing at first glance but, once you begin to understand it, there are a huge number of benefits.
One of the best ways to make the most of the great value offered by the Exchange is to start trading.
You may not be sure what ‘trading’ is in a betting context, let alone which markets to begin trading on. But it’s not as complicated as you may think to start trading bets and making a healthy profit.
By the end of this guide you should have a clearer understanding on how trading works, where the opportunity is and what to do about it.