If there’s a particular sport you like, I’ve found you can have a lot of fun in following it and having a wager.
But a big word of warning here; this is for fun only and anyone contemplating any serious betting who has a weak personality shouldn’t even go there! But if you are interested, here’s how it’s done…
First off; Betfair is the world’s largest gambling exchange. That means there is no traditional bookie; it’s simply exchange where people back their selections in whatever their favorite sports are – or they do the opposite and “lay” best the other way, i.e. they accept bets against selections they thing won’t do well.
So there are the more obvious sports like gambling on horse racing which is big business on the exchanges as you’d imagine, football, basketball and so on.
Now like lots of other gambling and gaming websites around, Betfair gives you a free introductory bonus offer when you first join. So, putting that together with your own minimal qualifying stake and promising yourself you won’t go over that limit, choose your favorite sport and make your selections carefully. My own area of a little expertise, anyway, is tennis as I follow the ATP Tour quite closely and get a good feel for which players may do better than expected – and vice-versa.
With the really big tournaments, like the Australian Open which is right around the corner, you know all the top players are giving it all they have in every game as they’re completely focused on winning. And the top matches tend to swing this way and that, but the market seems to focus on the last couple of points at any given time. This presents a fun opportunity by going against the herd and backing and laying continually on two top players to try and get into a profit whoever should then win the match.
As long as this is done for very small stakes only and using the free cash you get – then an exchange like Betfair can be a fun way of adding a little spice to your favorite sport and, hopefully, making a little cash for the fun of the thing only.
