World's leading online beting exchange
Betfair claims more than 5 million transactions a day and 300 bets a second.
on average 20% better odds than those offered by a traditional bookmaker.
Members can make both 'Back' bets (normal bets on a selection to win)
and 'Lay' bets (bets on the opposite side of the Back, against the selection)
thereby eliminating the traditional bookmaker.