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Betfair Exchange charges Commission on winning bets. If you are opted into My Betfair Rewards, the discount rate only applies in Australasian markets. Otherwise, we use a Market Base Rate according to where you live to calculate your commission.
Betfair uses decimal odds which are inclusive of stake. So, a winning bet of £10 at odds of 6 would result in a return of £50 profit + your £10 stake =£60. All odds at Betfair are displayed from the backer's point of view. If you see 6 and £10 on the.
Usually, Betfair Exchange is where you will be ‘laying’ your bets, and the bookmaker is where you will make your ‘backing’ bets. These terms will all become clear by the end of this guide. How to use Betfair Exchange. So you know what Betfair Exchange is, but now you may find yourself asking ‘How do I use Betfair Exchange?’
Betfair offers multiples betting, also known as accumulator betting. You can combine a number of selections from different markets into one bet. Betfair allows multiples of between two and eight legs. A leg is an outcome of a single market. You can select one or more runners from a market to form a leg.