tag:blogger.com,1999:blog-83984793624876110442008-03-20T18:31:26.060-07:00lobashttp://www.blogger.com/profile/10961681593837683020noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-8398479362487611044.post-82824944728675600972008-03-20T18:12:00.000-07:002008-03-20T18:27:03.226-07:00<span class="Apple-style-span" style="font-size: x-large;">Betfair</span><div><span class="Apple-style-span" style="font-size: 24px;"><br /></span><div> Whats all the malarky about?</div><div><br /></div><div>Betfair is the largest betting company in the United Kingdom and the largest betting exchange company within the world. The company has a massive turnover of £55 million pounds per week, with a massive user base. <span class="Apple-style-span" style="font-weight: bold;">Betfair</span> was only launched  8 years ago in June 2000. </div><div><br /></div><div>With betfair you are not betting against the bookmaker but the other online users. This gives betfair an average of 20% better odds than any other bookmakers. Betfair charges a 5% commission charge on the net value of all winnings.</div><div><br /></div><div>The company was one of 50 recipients of the Queens awards for enterprise in the innovation category.</div><div>Betfair is valued at around £1.5 billion pounds, They also have there own radio station for the horse racing commentary. Betfair gas angered other bookmakers with a betting feature which they have, back and lay, where you can bet on the outcome of a horse.</div><div><br /></div></div>lobashttp://www.blogger.com/profile/10961681593837683020noreply@blogger.com