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I am sure all of us could do with some extra money, an amount that would enable us to pay off a few debts or take a much needed break. Well This is possible with lay betting, where you actually lay a bet on something that won’t win. Lay betting began some time ago but has only gained popularity over the last few years because of the growth of betting exchanges.

Betfair is one of the world’s biggest online betting exchanges. Betfair hosts betting for a wide variety of events including sports like tennis, soccer, cricket, rugby, or racing games like horse racing, formula one, or any other event whose outcome is watched closely by the masses and has the potential to attract huge trading volumes. Apart from betting, Betfair offers many other popular online gambling services including poker, casino games, and other games that are exchange-enabled. Anyone who can pay money via Internet using a credit card or a debit card can open an account with Betfair and start playing without any hassles.

Betfair offers the best services at the cheapest prices, is completely transparent in its operations, is readily available, accessible from anywhere round the globe, and is easy to use. Do we need any more reasons May be not but there are more reasons to go for Betfair. Let’s go over the advantages of using Betfair.com one by one in the order of their significance.

Betfair is an innovative concept and a successful business model that has the potential to kill the traditional betting systems. The most crucial factor that makes Betfair a big success is the lack of bookmaker, the middleman. There is no bookmaker. Players on both sides of the bet are users of Betfair like you and me. The odds are not decided by any bookies or Betfair, but by the market forces created by bids and offers made by users. Lack of bookmakers leads to a total transparency in the system and creates a level playing field for all the parties involved. To be able to appreciate this advantage, let’s see how a bookmaker operates.