Betfair is the worlds biggest betting community or betting exchange, with over 15 million bets placed every day. It is no surprise therefore, that Betfair offers unrivalled value, control and opportunities when betting. You can choose to bet whether a specific outcome will happen i.e. back your selection, or choose that it won’t happen i.e. lay your selection. So you are choosing whether your selection will win, as you would with a traditional bookmakers, or you also have the option to choose that it won’t win - effectively becoming the bookmaker. (more…)