We were approached recently by Betfair Australia to help promote their betting exchange.

What is Betfair?

Betfair is an exchange, which means you are betting against other punters, not against a bookie.

It is as simple as placing a fixed odds bet, you click on the current price, state how much you want to bet, and back it. They even have a Betfair SP option for those who want to bet and forget, and you get set at the SP price determined from punters on the exchange.

But as you get more into it, you can set a price you want to back a horse at, and if someone else accepts that price, your bet is matched and you're set. Conversely you can also lay a horse (e.g. act like a bookie, and take someone's bet at whatever price you like).

How are Betfair different to Corporate Bookies?

Being a betting exchange, Betfair Australia receive small commissions on winning bets. However Betfair Australia only receive commissions on winning bets made by people in Australia and New Zealand. If those punters are actually losing versus their counterparts in the UK and other countries all around the world, then the commissions are small, as the winners are betting through Betfair UK.

As a result, Betfair Australia are actually incentivised to identify WINNING punters and help them win, to increase their commissions on winning bets. Hence why Betfair approached us. It's well known in the industry that our members win handsomely, and they are the type of customers Betfair are wanting to attract.

What's the special offer?

Betfair have provided a special 20% winning boost up to $500 for us to offer you. T&Cs apply.

http://bit.ly/2fG8Rmd

Simply sign up at the link to join Betfair and take advantage of their superior odds today:

http://bit.ly/2fG8Rmd

How are Betfair's odds better than Corporate Bookies and TABs?

A perfect example was today at Clare Race 2.

The TABs were each betting at 118%, which essentially means they take out 18% of all funds invested, and return the rest to punters. The Corporate Bookies were betting between 114% and 120% on closing fixed prices.

However Betfair's closing prices were at 101.8%, meaning only a 1.8% take out of all funds invested, light years better than the bookies and TABs.

Believe it or not, the Betfair closing price was better for all 8 runners than either the Best Tote price, or the best closing fixed price of every bookie in Australia.

Given this, how can you possibly not have a Betfair Account?

Earlier this year Dean's Tips members were advised to back a horse called Emmadee at Toowoomba. The horse won and paid $71 Best Tote, and best price was $101 with Corporate Bookies. But on Betfair the horse traded at between $430 and $560 during the last 5 mins of betting, and Betfair SP was $260

Just $10 bet on this horse on Betfair netted you up to $5,600, a $4,590 larger profit than simply backing the horse at 100/1 with the corporate bookies.

There's been plenty of other Dean's Tips winners who have paid out at huge odds on Betfair.

Havana Cigar was $41-$42 with Corporates and Totes, but traded at between $50 and $80 all during the last 5 mins of betting

Balrov was $23 with Corporates and $19 Best Tote, but traded at between $80 and $120 during the last 20 mins of betting on Betfair, and $34 to $42 during the last 10 mins of betting

Jopa was $22 Best Tote, but traded between $30 and $38 during the last 5 mins of betting

Chantego Star Best Tote $35, traded at $70 on Betfair. Right Advice Best Tote $20, traded at $44 on Betfair. One In One Out Best Tote $11, traded at $28 Betfair. The list goes on.

If that's not enough, Betfair's own analysis of all Aus thoroughbred metro and provincial races over a year showed that Betfair SP outperformed Best Tote by 17%.

If you haven't already, you really need to do yourself a favour and join Betfair:

http://bit.ly/2fG8Rmd