If you’re looking to get into cricket betting, Betfair is a great option. Not only do they offer excellent cricket betting odds, but they also have a variety of bonus programs and promotional offers that can help you make more money. In this Betfair India review, we’ll take a look at all the different aspects of their cricket betting operation. We’ll discuss the Betfair Exchange Cricket Betting Option, live betting, sports betting promotions, and more! So whether you’re just getting started or are an experienced punter, there’s something for everyone here.

Betfair India Review – Cricket Betting Through Bookie Options & Exchange Betting

Betfair is an online gambling company that was founded in 2000. They are based in the United Kingdom and are one of the world’s leading betting exchanges. Betfair allows customers to bet against each other (peer-to-peer betting) rather than against the bookmaker. This makes for a more competitive odds market as well as giving customers more control over their bets. Betfair also offers a traditional bookmaking service and sports betting exchange.

The Betfair Exchange is the world’s largest betting exchange with over four million customers worldwide. In India, Betfair holds a licence from the Nagaland Lotteries and permit to offer online cricket betting in the country. The company has been operational in India since 2012 and has slowly been gaining popularity.

Cricket is one of the most popular sport in India, so it’s no surprise that Betfair offers a wide variety of cricket betting markets. You can bet on all major international cricket matches as well as domestic Indian competitions such as the IPL (Indian Premier League). Betfair also offers live betting on cricket matches, so you can place bets as the action unfolds.

The Betfair Exchange Cricket Betting Option

The Betfair Exchange is a different way to bet on cricket. Rather than betting against the bookmaker, you’re betting against other Betfair customers. This means that the odds are set by the market and not by Betfair themselves. It also means that you have more control over your bets as you can choose to either back or lay a bet.

Backing a bet means that you think the team will win. For example, if you back India to win at odds of $100, you will make a profit of $100 if India does indeed win the match. If they lose or tie, you will lose your stake.

The Betfair Exchange is a great way to get more value for your bets as the odds are usually more competitive than traditional bookmakers. It’s also a good way to hedge your bets as you can bet against a team that you think might lose.

Betfair Review – Live Betting

Betfair offers live betting on all major cricket matches. This means that you can place bets as the action unfolds. Betfair also offers a live streaming service so you can watch the match and place your bets at the same time.

Live betting is a great way to get more value for your money as you can take advantage of changing odds and situations. For example, you might back a team at the start of the match but then lay them later on if they’re losing. This way, you can still make a profit even if the team doesn’t end up winning.

Betfair Review – Sports Betting Promotions

Betfair offers a some of promotions and bonuses for sports betting. The number of bonuses limited in comparison  to other bookmakers but they’re still worth taking advantage of.

One promotion that Betfair offers is a risk-free bonus of 420 Rupees. The risk-free bet is only available for selected games and must be refunded if the wager loses. This incentive is open to existing customers who have not previously received such a bonus, but it is only accessible once for each account holder.

Another offer of 840 Rupees for players who bet at least 1680 Rupees. This service can only be used to gamble at the sportsbook.

It need to be consider that bonuses have strict wagering requirements that must be met before any withdrawals can take place.

Special Promotions

Betfair also offers some special promotions from time to time. For example, they recently offered a promotion where you could get a refund if your team lost by four wickets or less. This offer was available on all Test matches and international Twenty20 matches.

To take advantage of these promotions, you need to be a Betfair customer and have an account with a positive balance. Promotions are usually only available for a limited time so it’s important to check the Betfair website regularly to see what’s on offer.

How Does a Betting Exchange Work?

It is important to discuss how  a betting exchange work because Betfair is an exchange.

A betting exchange is a platform that allows customers to bet against each other rather than against the bookmaker. The odds are set by the market and not by Betfair themselves. This means that you have more control over your bets as you can choose to either back or lay a bet.

The betting exchange is a great way to get more value for your bets as the odds are usually more competitive than traditional bookmakers. It’s also a good way to hedge your bets as you can bet against a team that you think might lose.

The main disadvantage of the betting exchange is that it can be risky as you are betting against other customers. This means that if they win, you lose and vice versa.

Another disadvantage is that Betfair takes a commission on winning bets. This is how they make their money as they don’t make any money from losing bets. The commission is usually around five percent but it can vary depending on the market.

Commission Free Betting Exchange

One of the great things about Betfair is that they offer a commission-free betting exchange. This means that you don’t have to pay any commission on winning bets. This is a great way to get more value for your money as you can keep all of your winnings.

The only downside of the commission-free betting exchange is that it is only available to certain markets. For example, horse racing and greyhound racing are not included in the commission-free offer.

Betfair Bonus Programs & Promotional Offers

As we said Betfair offer bounded range of special promotions and bonuses. On the one hand, this is good, because usually scammers are hiding behind a huge number of bonuses. On the other hand, it would be more convenient to expand the bonus range to attract more customers. However, in any case, remember that all bonus programs have strict rules. Do not violate these rules, otherwise, you can lose both the bonus and your own money.

Betfair Platform & Mobile Betting

The Betfair platform is very user-friendly and easy to use. The website is well designed and has a clean interface. The navigation is simple and you can find all the information you need easily.

The Betfair mobile betting app is also very good. It’s available for both Android and iOS devices. The app is also  well designed and easy to use. You can bet on all the same markets that are available on the website.

The Betfair app is a great way to bet on the go as you can place bets quickly and easily. The only downside is not available in Play Market.

Betfair Accounts, Deposits, Withdrawals, & Payment Methods

Betfair account are easy to set up and you can do it in just a few minutes. You just need to provide your personal details and choose a username and password. To create your  account, you need to be over 18 years old and have a valid email address. This rule also distribute on Indian players.

Making Deposits

Once you have created your Betfair account, you need to deposit funds into it. You can do this using a credit or debit card, e-wallet, or bank transfer. The minimum deposit amount is Rs.500 and the maximum deposit amount is Rs.100,000.

The deposit process is very simple and straightforward. You just need to log in to your account, click on the ‘Deposit’ button, and choose your payment method. Once you have chosen your payment method, you just need to enter the amount you want to deposit and confirm the transaction.

Withdrawing Funds

Withdrawing funds from your Betfair account is just as easy as making a deposit. You just need to log in to your account, click on the ‘Withdraw’ button, and choose your payment method. Once you have chosen your payment method, you just need to enter the amount you want to withdraw and confirm the transaction.

Today that’s all from us.

Have a nice Bets!;)