Betfair Comes to America
Betfair is a new sport betting business which went public in 2010. Their initial public offering (IPO) was the largest .com IPO ever in Europe. The company was founded by Andrew Black and Edward Wray during a chance meeting in 1999, and the business plan was laid out in 2000. The fledgling company merged with Flutter.com in 2001.
Betfair is now embarking on an aggressive expansion plan, and will be entering the betting market in the United States of America this May. The company, already, handles 1.2 billion bets every year. The variety of sports to bet on is varied; from cricket, snooker, darts, tennis, dogs, horses and even others. Visit their website and you will be assured that Betfair is for real.
Betfair has a decidedly British accent to the web page and their list of writers and experts will have readers talking trash like they’re from Manchester, England. It is a complete betting business with a human touch; there are buy-outs available for betters on the wrong side of a bet and a cash-out feature for those who want to be assured of their winnings. The company also claims that the accounts of winners are not to be shut down.
Education is also offered on their web page with an extensive “how-to” and “what is” section for gamblers with questions about their favorite teams, sports, and bets. The schedules listed on the web page is reason enough to join, but now they are offering a special deal to new players. Deposit 10 Euros into your new account and place the full 10 Euro bet on any sport, any match-up, and Betfair will give you 30 Euros in additional bets. New players start off by winning big,
The web site is interactive and has made the processes of joining, depositing, receiving the special bonus and betting easy. Betfair is endeavoring to bring the fun of wagering to gamblers in the United States who enjoy gambling but are accustomed to losing. The average American plays the state lottery that offers staggering bad odds for winning. He may have friendly bets with co-workers or friends on sports they play together and feel familiar with and know many of the pros playing. This form of gambling being offered by Betfair levels the playing field. Now players can feel like their chances aren’t minuscule but are fair.
The name of the enterprise itself, Betfair, states the mission of the company. When a company handles 1.2 billion bets every year, they are doing well financially. Betfair earns a small commission on every wager. Their policy of not refusing winning betters and not shutting down their accounts gives hope to those of us who imagine ourselves as a James Bond attempting to break the bank at Monte Carlo. Betfair gives us the chance to make a fair bet and realize our dreams.
