How does betfair work?

Let’s learn how does betfair work. The most accurate or helpful solution is served by Quora.

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How does Betfair's bet matching system work?

Also when the bet first becomes available what odds are used initially and how quickly does it find an equilibrium?

Answer:

The markets are setup with tissue prices determined by an expert in the sport. This is similar to an...

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Other solutions

Betting & Trading Sports In Thailand Using Betfair Exchange?

Specifically using betfair. Im wanting to spend three months in Thailand & wanting to continue my income whilst there. I know gambling (as such) is illegal in Thailand but can anyone tell me if they can log on to betfair & use any API's such...

Answer:

I live in Thailand and just visited betfair.com & geekstoy.com, nothing seemed blocked from here...

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Question about betfair and transferring "winning" money to bank account!?

how does betfair and transferring money you've won on the website to your bank account, work exactly? do i have to join my bank account to the betfair website as soon as i sign up or something? thanks in advance

Answer:

You just need to write your account details when you withdraw. Also in Betfair you can withdraw in the...

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Betfair questions thanks alot?

How does betfair make money? commision of every winning bet a % Also how does the lay option work someone lays at 3.5 a 1000 and they have to pay out 3.5k if it wins how does ...show more

Answer:

Betfair take a small commission from customers who win on a market. If you lose on a market you pay...

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72YZXAP3HD2CJKO5QZV5PIIIAY at Yahoo! Answers Mark as irrelevant Undo

What is the best betfair system to use?

I am completely new to betting, but looking to make some extra money and have been reading about how to use betfair. I am aware of many systems out there which help you increase your chances of winning, but which of these actualy work? Does anyone have...

Answer:

I lay teams or players that are unstable, like Roby Ginepri in tennis or Liverpool in football. I lay...

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What is the best way to profit long-term on Betfair with a low bank roll?

I am wondering what would be the best way to try to profit long-term with betfair on mainly horse-racing starting with a low bankroll such as £100? My uncle is in the top 1% of Betfair earners but his methods require a large bank roll to work for...

Answer:

If he really does make a long-term profit on horse racing, then he is amongst the most ELITE FEW people...

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Betfair software that places bets while you are away?

Ok, I live in good old Aussie, and I love to place bets on the horse races on Betfair. The problem is I want to place bets on specific horses that race while I'm at work (no access to a computer). Does anyone know of any software I can download where...

Answer:

Hi you can use your mobile as there is software to do that, just go to betfair

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Betfair bot?

What is the best automatic betfair trading bot anybody has used? By automatic I mean that you can put it on first thing in the morning before leaving for work and it should have made you a profit when you arrive home in the evening. Has anybody ever...

Answer:

Only one i have come across is bet angel, but it costs £200, and unless you stake large amounts...

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How should I go about organizing my work when doing math exercise?

What I have always done is to just write stuff wherever I could. For example, 19 a would go on the right column of the page, and then 19 b, c, and d would go on the left side. b is on top of c, and c is on top of d. 19 a. work b.work work work work c...

Answer:

First, you write down the pertinent information and you define all variables. Then answer each part...

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How do you find more meaningful work to do AT work?

How do you find more meaningful work to do AT work? Just for context: I graduated in May 2010 from USC with a B.S. in Business Administration and a minor in Piano Performance. I currently live in NYC and would like to find work here or in Los Angeles...

Answer:

The biggest thing that I see with the recent college graduates at my job is that they expect to be given...

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