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INTRODUCTION
 
Launched in 2000, Betfair is now the largest online betting company in the U.K and the largest betting exchange in the world.  With over 2 million members,  it generates a turnover of more than 50 million pounds per week. Good news for them and also good news for us , as this amount of action ensures an unrivalled liquidity across almost  every possible market.
 
Odds are generally 20% higher than a traditional bookmakers, though 5% commission is charged on all profits (this may be lowered if certain thresholds are reached).
 
If you have never visited a betting exchange before, you will probably find that the markets have a different appearance than  you are accustomed to. Don't worry! - the site contains very clear explanations wherever they may be helpful.
 
Simply watching the bets being matched on a chosen market can be an education in itself and if you decide to join those 2 million plus other members, the chances are you'll soon realise why this superbly run site is the undisputed leader in its field...
 
















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