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Betfair Review


Betting Information
Minimum Bet £2 online
Maximum Bet None
Maximum Winnings £50,000

Transaction Information
Currency GBP, EUR, USD, HKD
Deposit Charge 1.5% on credit cards
Minimum Deposit Amount £25
Maximum Deposit Amount None
Deposit Option Credit,Debit Card, Bank Transfer, Cheque
Withdrawal Method Credit, Debit Card, Cheque, Wire Transfer, Western Union
Withdrawal Limit £10,000 debit card, £2,000 credit card, Any Amount wire transfer or cheque
Withdrawal Time Debit Card 1/2 days, Credit Card 4/5 days, Cheque or Wire Transfer up to 10 days
TAX Commission 2% - 5% of winnings
Withdrawal Method Credit, Debit Card, Cheque, Wire Transfer, Western Union

Contact Information
Contact 14-16 Peterborough Road, London, SW6 3BN
Language English, Cantonese
URL Address http://www.betfair.com/

Review
Betfair was first launched in the UK in June 2000, and since this time has over a million clients and an estimated turnover of around £30 million a week. Betfair main business is primarily in the UK, however it is also licences in several other countries including the US and Australia, and this has further allowed it to generate more customers and therefore bigger potential returns. Betfair's main source of revenue includes mass advertising and commission on all winnings, this commission rate which is usually around 5% can differ with different customers, this will be explained further down. Along with betting, the site also, allows users to play live exchange games, blackjack, poker and a number of other different leisure games.

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