Bet on the betfair exchange with a sports betting broker
To take advantage of the betting exchange, you need to turn to reputable platforms. betfair is the most popular of these sites, but it is not accessible from Ireland. Using a sports betting broker is the solution. Find out how.
Betfair's offer
Betfair has a very interesting odds trading offer. First, note that a betting exchange site does not set its own odds. It is the punter who sets his odds and the platform takes a commission on what the player wins. Betfair charges an average of 5% commission. The offer is therefore more attractive than that of a traditional bookmaker, which takes an average of 10% commission on winnings.
The reason why traditional bookmakers offer such high margins is to compensate for the risk they take in setting the odds. This is also what often leads them to limit their bets. Opting for Betfair's betting offer is one way of avoiding all this. Not only can you bet without constraints, but you also have a better chance of winning big.
Back & Lay betting is the main advantage of odds trading platforms. "Lay", i.e. the sale of odds and bets is not offered by traditional bookmakers. Let's suppose that during the World Cup, you think that your country is not going to win. You then set the odds for this bet and invite other people to bet on the opposite event. If your country wins, you have to pay the buyer of the bet. On the other hand, if your country does not win (a draw or a win for the opposing team), you win.
Odds trading at Betfair has the advantage that you sell the odds lower than you buy them, so maximising your profits. In addition, live betting at Betfair gives you the opportunity to secure your winnings and make your bets according to how the game is going. Depending on trends, you can sell your initial bet at smaller odds but still minimise losses.
Needless to say, Betfair has a very attractive offer. Unfortunately, it's not possible to access it from Ireland. However, there is a solution: use a betting broker.
The betting broker to play betfair from Ireland
To take advantage of Betfair's offer, all you need to do is sign up to a broker that provides access to Orbit Exchange. The Orbit Betting Exchange, or OrbitX, is the technical platform used by betfair.
This is the solution for exchange betting from Ireland. The broker acts as an intermediary between you and Orbit. So you can take advantage of the best odds on the Betfair market without worrying about your account being blocked because you are in a particular country. When you want to recover your winnings, the broker will also help you. They make the request on the platform and pay them to you in return for a small commission. So you've achieved your goal of taking advantage of Betfair, the leading betting exchange.
Here is the list of brokers offering betfair (via Orbit):
- 1. BetInAsia
- 2. AsianConnect
- 3. SportMarket
