01 Getting started : HID Betfair Education http://betting.betfair.com/education/the-site/getting-started/ en Copyright 2009 Thu, 24 Jan 2008 14:55:11 +0000 http://www.sixapart.com/movabletype/ http://www.rssboard.org/rss-specification What is Betfair? In the UK, Betfair provides a betting exchange, quite different to a traditional bookmaker. A betting exchange is essentially a stock market platform taken across to betting on racing and sport.

]]> http://betting.betfair.com/education/the-site/getting-started/what-is-betfair-240108.html http://betting.betfair.com/education/the-site/getting-started/what-is-betfair-240108.html Thu, 24 Jan 2008 14:55:11 +0000 Betfair gives better odds, why? Betfair gives 20% better odds on average due to competition and lower margins.

Competition in any walk of life leads to a better deal, Betfair is extremely competitive.

]]> http://betting.betfair.com/education/the-site/getting-started/betfair-use-decimal-odds-what-230108.html http://betting.betfair.com/education/the-site/getting-started/betfair-use-decimal-odds-what-230108.html Wed, 23 Jan 2008 15:10:39 +0000 What is backing and laying? On Betfair you can back and lay. To 'back' a selection means you think it will happen, like you'd do at a traditional bookie. Or you can take the opposing viewpoint and 'lay' if you think your selection will not happen.

]]> http://betting.betfair.com/education/the-site/getting-started/what-is-backing-and-laying-220108.html http://betting.betfair.com/education/the-site/getting-started/what-is-backing-and-laying-220108.html backing betfair decimal odds laying Tue, 22 Jan 2008 12:35:50 +0000 Betfair use decimal odds, what are these? Decimals are a simpler way of working out the odds and don't give you a headache every time you want to place a bet. Do you know the difference between 8/13 and 4/7? No? Well, not many people do. But with decimals you'd know instantly.

]]> http://betting.betfair.com/education/the-site/getting-started/betfair-use-decimal-odds-what-are-these-210108.html http://betting.betfair.com/education/the-site/getting-started/betfair-use-decimal-odds-what-are-these-210108.html backing betfair decimal odds laying Mon, 21 Jan 2008 12:38:26 +0000 On Betfair you can bet in-play. What is this? Betting in-play is exactly what it says: betting while an event is going on. More live sport on TV every year means this is very popular.

]]> http://betting.betfair.com/education/the-site/getting-started/on-betfair-you-can-bet-inplay-what-is-this-200108.html http://betting.betfair.com/education/the-site/getting-started/on-betfair-you-can-bet-inplay-what-is-this-200108.html betfair betting in-play Sun, 20 Jan 2008 13:17:25 +0000 The ability to trade Betfair gives you the ability to trade. Trading is trying to lower your risk and ensure a profit, irrespective of the final result. Have you ever backed a football team who take the lead, but are looking like they might concede an equaliser?

]]> http://betting.betfair.com/education/the-site/getting-started/the-ability-to-trade-190108.html http://betting.betfair.com/education/the-site/getting-started/the-ability-to-trade-190108.html betfair stock exchange trading Sat, 19 Jan 2008 13:20:52 +0000 Range of Markets Betfair has a vast array of markets to bet on, these range from horse racing and football to Specials such as Big Brother and the Eurovision Song Contest. Each market is unique.

]]> http://betting.betfair.com/education/the-site/getting-started/range-of-markets-180108.html http://betting.betfair.com/education/the-site/getting-started/range-of-markets-180108.html betfair big brother eurovision racing specials sport Fri, 18 Jan 2008 10:50:46 +0000