What is Trading? Trading is one of the best and most unique things about Betfair. Trading is having more than one bet in a market; seeking to improve your position or lock in a profit on all possible outcomes. How does Trading work? For an example,

The 'Market Base Rate' (MBR) is the maximum commission rate you pay on some markets and is determined by your country of residence. If you are opted into “My Betfair Rewards” then Market Base Rate only applies in Australasian markets. Examples of how

SP is an abbreviation for ‘Starting Price’ and until now has been more widely associated with traditional bookmaking. The method by which SPs are set for each runner varies in different countries. Traditionally in the UK the Starting Price for any h

There is a difference on how the reduction factors work on 'Place' markets compared to 'Win' markets. Win markets reduction factors are calculated to 100% when adding up all runners. In a 'Place' market a single horse has less impact on your chance o

Log in to your account. So far, so easy, right?! Click ‘AZ Menu’. Select 'Settings'. Select 'Security'. Flick 'Mobile Pin' on. Enter your Betfair password. You're all set!

When you bet on the Exchange, you’re rewarded with Betfair Points. Betfair Points are not rewarded for play on Sportsbook, Arcade, Casino, Live Casino, Bingo, Poker or Exchange Games. For more information on Betfair Points .

This article explains Each Way betting on Sportsbook and the Exchange; what it is, how to place an each way bet and scenarios that may cause your settlement amount to be different to what you were expecting.

By default unmatched bets ‘lapse’ and are cancelled at the start of the event. You can still choose for this to happen if you wish, and unmatched bets will have “cancel” as their default. However we have added two alternative options: You can choose

No, it is not the same as backing and laying the same selection on the Exchange. It is in fact treated as 2 separate bets, therefore if you place a bet on a selection on the Sportsbook and lay the same selection on the Exchange you will need to have

If you place a Betfair Staring Price (BSP) bet and we are unable to remove the non runner until after the race has completed, we will delay settlement of the market whilst we manually reconcile the Starting Price. To do this we apply the non runner's

In this market you are betting on what will be the correct combination of the player to score the first goal in the match AND the correct match result/outcome. All bets apply to 90 minutes of play according to the match officials, plus any stoppage t

What is Commission? Betfair Exchange charges Commission on winning bets. If you are opted into “My Betfair Rewards”, we use your chosen package to decide on commission rate. Otherwise, we use a according to where you live to calculate your commission

Complete the Bookmaker - Exchange Information Request Form. The form has to be signed by an authorised signatory. Submit the form as an attachment to bookmakers@betfair.com. You will receive a confirmation e-mail that the request has been received.

An Exchange bet is a normal bet placed by choosing the odds of your selection from the market view (as opposed to clicking on the ‘SP’ of your selection). When an Exchange bet is fully or partially unmatched it can be adjusted and cancelled in the no

For a bet to be struck, it must be matched with another customer, someone who has an opposing opinion. When submitting a bet offer, bets can be returned as unmatched, partially matched or matched in full. The below example shows a bet that has been

What are Betfair Beacons?

Exchange+ is written in the latest technology and some browsers handle this better than others. To ensure you get the fastest experience possible, please ensure you always use the most recent version of your browser. If you have installed browser add

When you bet on Sportsbook you are betting against Betfair rather than against other Betfair customers. Therefore it is Betfair that set the prices and carry the risk. The odds are generally higher for Singles bets (Exchange) than for the same select

What is Best Price Execution? The Best Price Execution feature enables customers to get matched at the best available odds on the Exchange. With the Best Price Execution feature switched on, if better odds are available, or become available, after yo

The ‘Bet view slider’ helps you to see the odds available for the amount you want to bet. When you log in you will see your default bet view value, which has initially been set to £1 (€1). The bet view defaults to the minimum bet stake (£1/€1) across mobile and desktop devices however, you can toggle to a bet view of £2, £5, £10, £20, £50, £100, £200, £500, or £1000 in your desktop settings.

I want to know more about: Betfair Exchange | | | Our Betting Exchange is the first platform ever built to allow for customers to bet against one another rather than betting against a bookie. To make things easier there are a number of things that ar

Yes, but at the off if the liability on the bet is less than £10 the bet will be cancelled and will not be included in the SP reconciliation. For example: As an Exchange layer I decide to lay a horse for £5 (€5) @ 2.0. It is trading at 3.0 so my bet

You can indeed. SP bets shown in the runner information pop-up, which you can see by clicking the graph icon next to each selection in the market view. In the Traded Table next to the graph, you will see two new columns, backers' stakes and layers' l

Asian Handicap is a form of soccer betting which is very popular in Asia (hence the name). ""Handicap"" means that one team receives a “virtual head start”, effectively leading the game by a differing amount or amounts before the game starts. Simply

Yes. You will not know what the Betfair Starting Price is until the event starts, as additional bets placed before then will affect the calculation of the price. However Betfair will offer two calculations of the projected SP: Projected SP - which in

To lay a bet is to back something not to happen. For example, to lay Manchester United to win their match is to back them NOT to win. If you were to lay them, you would win your bet if they either lost or drew their match. With Betfair you can not on

Your 'Available to bet' or 'Total available' balance is the amount available for you to wager at any given time. Your ‘Available to bet’ balance is your account balance, minus the (current) exposure associated with any bets you have placed that have

What is Betfair's definition of an outage? The point at which Betfair disables betting on www.betfair.com/exchange. Please note - Should Betfair Mobile and/or our API go down but the desktop still be accessible, you will be able to continue betting o

Cash Out is a product from Betfair that allows you to lock in a profit or loss before waiting for the event to finish. Betfair do the math to offer you a value in real time of your current bets based on the live market prices. Using a single click y

Exchange: What is Auto Cash Out? Auto Cash Out is Betfair’s latest Cash Out functionality, giving you the complete control over your bet, even when you are not near a mobile device or computer. This means you can now lock in a profit without lifting

It’s a feature which makes it easier to get your bet matched. With MatchMe switched on, you can be matched at a pre-determined range of odds, which will allow you to achieve a more successful matching

Betfair Exchange charges Commission on winning bets. If you are opted into My Betfair Rewards, the discount rate only applies in Australasian markets. Otherwise, we use a Market Base Rate according to where you live to calculate your commission.

What are Betfair Points? When you bet on the Betfair Exchange, win or lose, we reward you with points. The more you bet on the Betfair Exchange, the more points you accumulate. Betfair Exchange charges Commission on winning bets. The more points you

This article explains how to place different types of bets on the Exchange; Single, Multiples, Accumulators and Bet Builders are covered. 

Cash Out+ is a fantastic feature which allows you to Cash Out part of your bet. You can do this, for example, when a game is going in your favour and you wish to reduce your risk while keeping a healthy profit on a selection. Where is Cash Out+ avail