Recent Beginners Guide Stories

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  The importance of Market Rules at Betfair8 Jul 2009

  Beware of the Rules at Betfair Successful people in business will often say that the key to success is more than just hard work, it is learning from your mistakes. Someone who has a lucky day on the punt or strikes it rich in the lottery is highly likely to give it all back in the long run because...

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  Unmatched Bets at Betfair8 Jul 2009

  Every bet you see available on the screen is an unmatched bet - without them, a betting exchange could not operate. Don't fall into the trap of placing a bet several times in order to get a price when you only wanted a single bet.When a bet is return unmatched, the message on the betslip clearly ...

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  Bet faster with the keyboard at Betfair8 Jul 2009

  Using the mouse will cost you time and moneyTo place any bet on Betfair, you need click your mouse only ONCE.How's that you say? The only time you need to use the mouse is when choosing back or lay next to your selection. When the cursor lands in the price box, the price is surrounded in blue, sign...

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  Betfair Horse Racing Service: how to use Betfair for racing research5 Mar 2008

  Betfair is packed full of hidden extras and useful features that you can use for your racing research. Betfair offers free downloadable form and racecards for every race HOW > Simply click the link that says RACING FORM at the top of every racecard or click on HORSE RACING on the horizontal ...

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  Betfair Betting Exchange Commission Rates29 Jan 2008

  Betfair charges a Commission on your net winnings on a market. If you have a net loss on a market you do not pay commission. Commission is calculated by multiplying your net winnings by the Market Base Rate (MBR), as shown on the Rules tab of each market. For example, if you win £100 on a market w...

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  What is Betfair?3 Dec 2007

  What is Betfair?All bets on Betfair have been placed there by users who either want to have a bet in the normal way (back), or offer odds to other users (lay).Bets are matched between people with opposing views. Why use Betfair?You can back or lay a bet.You can choose the odds you want to play at....

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  Betfair Betting: What is Laying?3 Dec 2007

  What is laying?Laying is like being a bookmaker where you offer odds on sports. With the introduction of betting exchanges like Betfair, you can now offer odds on horse to win, and hence profit when they lose. Why do you want to Lay?The attraction of laying (or offering odds) is that it offers yo...