Betnfair is a new online betting exchange that has become very popular among horse racing and sports betting fans because it offers a live betting experience like no other. Powered by Betfair, Betdaq and Machbook at the same time, it has created an exciting world of live betting options. We will discover the Betnfair betting exchange and we will unveil its key features, as well as tips for success and why it is a favorite among both beginners and seasoned bettors.
Betnfair: A betting exchange with a difference
Before we go to live betting on Betnfair, it is essential to grasp what sets this platform apart in comparison to others. Betnfair operates as a betting exchange, which is a very unique concept that has revolutionized the online betting world. Unlike traditional bookmakers, where you bet against the house, on Betnfair, you are betting against other users. On betting exchanges you can bet on something not to happen, which is called “lay bets”. Lay betting, although very appealing, especially for horse racing where it is easier to bet on a horse you believe will lose than on a horse you believe will win, it is not available as an option for horse racing on all betting exchanges. Betnfair breaks this barrier and it offers lay betting on horse racing as well. This innovative approach of betting against other players and lay betting opens up a world of possibilities and creates a vibrant betting ecosystem.
Like most betting exchange platforms, to access Betnfair, you need to go through a betting broker, such as Brokerstorm, that will manage your account and will provide customer service for whatever your might need.
Now let’s see a little bit of the live betting basics.
The Basics of Live Betting
Live betting, also known as in-play betting, is placing bets on event that are in progress. Placing bets as events are taking place allows players to adjust their bets as the action unfolds, taking advantage of changing odds and real-time insights. When it comes to the thrill, this adds an extra layer of betting excitement.
Key Features of Live Betting on Betnfair
Now, let’s take a look into the key features that make live betting on Betnfair so exciting:
Real-time Odds
One of the biggest perks of live betting is the ability to access real-time odds. As the game or race progresses, the odds change based on the current situation. On Betnfair the odds are updated up-to-the-second, which gives bettors a significant advantage and it allows them to make informed decisions.
Cash Out
Betnfair offers the Cash Out feature, which is a game-changer for live bettors. It allows you to cash out your bet before the event is over. This means you can secure a profit or minimize losses if things are not going your way.
In-Play Statistics
To help you make well-thought decisions, Betnfair provides very comprehensive in-play statistics. You can access data on crucial aspects of the event, such as possession, shots on goals, or horse performance, for example. This information empowers you to make strategic bets during the live action.
Live Streaming
On the highlights of Betnfair’s live betting is the option to watch the events in real-time through live streaming. Whether it is a thrilling football match or an intense horse race, you can follow the action as it happens.
Betting Markets
Betnfair, supported by the biggest betting exchanges in the industry – Betfair, Betdaq, and Matchbook – covers a wide spectrum of sports and horse racing events, offering an extensive selection of betting markets. From traditional options like match-winner and over/under to more specialized bets, you will find plenty of options available.
Lay Betting
Betnfair is renowned for being one of the very few betting exchanges to offer the lay betting option on horse racing, a unique feature that allows bettors to bet against an outcome. Lay betting gives bettors the opportunity to act like bookmakers, and it offers a different dimension to their betting strategy.
Multi-Horse Racing
In horse-racing, Betnfair lets you bet on multiple horses simultaneously. This is a very useful tool, as it increases your chances to win more and adds an element of strategy to your bets.
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Tips for Success in Live Betting
Here are some tips that will help you maximize your chances of success in live betting.
Do your Homework
Choose the sport you wish to bet on and then do your research, whether it is a team or horses, familiarizing yourself with their recent performance, strengths and weaknesses. It is important to not rely on luck alone, but be updated; keep an eye on injury updates, team news, and any other relevant information that could affect the outcome of the event.
Watch the Action
Live Streaming on Betnfair can be proven your best friend. Watching the event live provides valuable insights that statistics alone cannot give.
Benefit from the Variety
Betnfair offers a plethora of betting markets. Take your time to explore different options that will allow you to diversify your bets and minimize your betting risks.
Use Cash Out wisely
The Cash Out feature can be your lifesaver, but you need to know when to use it. If you use it strategically when the time is right, you can always lock in profits or decrease your losses.
Start Small
If you are new to live betting, it might be better to begin with small stakes. As you gain experience and confidence in the long run, you can gradually increase your bets.
Manage your Bankroll
This is the most valuable strategy when it comes to any form of betting. Set a budget dedicated for your live betting and no matter what stick to it. Do not get impulsive and chase losses and always bet what you can afford to lose.
Conclusion
Betnfair is dedicated to delivering a seamless betting experience by offering all the elements that the modern generation of bettors is looking for. Whether you are an adrenaline seeking fan or a strategic bettor, Betnfair is the go-to platform as it has something to give for everyone.
Live betting on Betnfair is not just about betting on outcomes; it is about immersing yourself in the heart of the action. With real-time odds, live streaming and an array of betting options, Betnfair is a top choice for those seeking the ultimate modern age betting adventure.
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