We can say that Betfair is the most trusted betting site in the world. It is licensed in Malta and the United Kingdom, two of the most powerful.

Its popularity has grown in Brazil, especially after it became an official sponsor of the Copa Libertadores and the Copa Sulamericana.

With such a variety, this is undoubtedly one of the highest quality betting houses that conveys maximum confidence.

And this site has some famous ambassadors, like the Brazilian Rivaldo and the Portuguese Deco!

Recently, it was even announced that Alex 10 will be the brand’s new ambassador in Brazil. Check out the video:

It is important to know how this platform works and let’s start with the simplest: how to log in to Betfair!

Just follow the step by step:

1. Visit the website
2. Click on “Open Account”
3. Fill in your details
4. Ready! You can now start betting.

At Betfair, you can place sports bets in two ways and the site is divided into two sections:

1. Sports Section (Sportsbook): traditional bets on a wide range of sports, tournaments and markets
2. Exchange Section: sports trading, focusing on Lay and Back

The house is best known for Trading bets. In Trading you bet against other bettors, not against the house, as we will see below.

Understanding this difference is fundamental, as they are completely different types of bets.

Now let’s take a closer look at how betting at Betfair works!

In Betfair Trading you usually select a sport, a tournament and an event. To illustrate, let’s take Fluminense and Flamengo:

Note that you have several odds for the 3 possible outcomes. In Trading you basically bet for (Back) or against (Lay) the occurrence of an outcome.

We bet R$10 in favor of Fluminense’s victory, with odds of 11.5. In other words: if this result occurs, we earn R$105 in profit.

The difference with sports betting on the Betfair Exchange is that the final result doesn’t matter.

What matters to a trader is the variation in odds.

Therefore, if we bet R$10 on Fluminense’s victory, we want Fluminense to open the scoreboard. So your open position in Flu’s victory increases!

Various techniques and strategies are used to find the best event and market to obtain this variation, such as:

• Scalping
• Hedging
• Lay on Draw

The cool thing about betting on the Betfair Exchange is that you have greater control over profits and losses. And you can trade in the most varied sports and markets, including Handicap or Cards.

Betfair Brazil Trading Commissions

A betting exchange like Betfair pits bettors against each other. But how does that work?

In a traditional betting house, it’s you against the house. The house pays out the promised prize if your bet wins. If not, it keeps your money.

Trading is different. You place a bet on an event and a market with a certain price. This bet needs to be matched by other bettors.

But Betfair needs to make money, right? That’s why it charges commissions to winning players. Initially, commissions are around 6.5% in Brazil.

Let’s say you won R$10. The net amount that will enter your account is R$9.35. If you lose a bet, there is no commission charged, you only lose what you bet.

But two situations can happen here:

• Have a discount rate: the more you bet, the more discount you can have
• Get an increase in commission as you earn a lot on the Exchange

Despite the fees, Betfair is one of the few bookmakers that do not limit bettors

Another important detail is the existence of Betfair Points. These are points that you earn when you place any bet on the Betfair Exchange, whether you win or lose.

These points can later be used to reduce the total commissions charged.

Although Betfair is best known as a betting exchange, it also presents high quality when acting as a traditional Sportsbook.

It starts by offering a good variety of sports. Anyone who wants to bet on sports other than football or tennis will be very satisfied!

Main Sports Competitions

All major European competitions are offered by Betfair, as you would expect from a bookmaker of this calibre.

Bet on games featuring Messi, Neymar, Salah and many other sports giants!

In Brazil we also have the State Championships, the Brazilian Championship and the Brazilian Cup, not to mention the Libertadores and the South American Championship.

Due to the size of Betfair around the world, all sports have their main tournaments.

In Basketball it is the NBA. We have the NHL in Hockey and the NFL in American Football.

Volleyball brings the major competitions between national teams, while Tennis is focused on the Grand Slams.

In eSports you have CS:GO, Dota and League of Legends as highlights. FIFA, Starcraft 2 and Overwatch come soon after.

And all these great competitions are also present in the Exchange section, for those who practice Trading.

Betting Markets

Betfair’s betting markets bring a lot of things exclusive to this house. One example is Combined or Highlighted.

Combinations mix different events that can occur within the game. With odds that are almost always very attractive!

In this case, we simulate betting R$10 on a market with odds of 81.0. A possible return of R$810!

Money aside, Combines offer a high level of adrenaline and risk, as they are difficult to win.

It is even possible that Manchester City and Newcastle have 3 corners each in each half. But what about here?

It is unlikely that the game will meet all of the above requirements. But that is where the fun of Betfair Brazil Combinations lies. Besides, winning R$5,010.00 wouldn’t be bad…

The most common markets are also highlighted on the site. In particular, Handicap, which tends to have some of the highest odds compared to the average.

To make things easier, Betfair divides the event markets into types. So if you want to find something like Cards or Corners, it’s easy. In total, we have hundreds of markets for Football!

In other sports there is also a great variety. In Basketball there are around more than a hundred. Even in UFC you can find dozens of markets!

The odds are another highlight of Betfair Brazil. On the Exchange, as we explained, the bettors are the ones who set the odds. The website does not have much influence.

But in the traditional betting section, where the odds are set by the house, we even have attractive numbers.

They are not the best prices in the world, but they come close. They are in the average range of what other high quality houses practice.

In Football you have Super Quotes. These are specific markets that have their odds increased by Betfair, making them more attractive.

We come to two of the best services provided by Betfair Brasil. Both livestream and cashout are available on thousands of events.

Having these tools available is essential to make the bettor’s experience more complete on a betting site.

Cashout

Even though cashout is available, it is not possible to find the option in all sports. This is a common practice among bookmakers.

In the case of Betfair, you will only find it on Football, Tennis and Basketball, in the most varied markets.

It is worth remembering that the cashout in the Sportsbook section is not the same as the cashout in Trading.

Trading is already a “cashout”, as the idea is to close the bet with a profit.

Additionally, traders use software to ensure they make a profit.

Livestreaming

Livestreaming is also only present in the 3 sports that have cashout, which are Football, Basketball and Tennis.

You can find next to the event whether it will be broadcast live.

Betfair’s streaming quality is one of the best. And you can watch the games for free, as long as you register on the site.

Comparing Betfair to Other Bookmakers

With the increase in the number of betting houses in Brazil, it is common to have that question: which is the best betting house?

Or which is better: Betfair or Bet365?

Well, if you want to practice Sports Trading, no one beats Betfair Brasil. She is simply the best!

As for traditional sports betting, Bet365 is considered the best in the world and is really quite complete. In this case, it comes out ahead of Betfair.

For sports betting, in fact, there are strong competitors on the market, such as:

They all have a very good reputation among bettors around the world. They offer services of unquestionable quality in all aspects.

Betfair has 2 mobile applications. One is specific for Trading (Exchange), another for those who want to place traditional bets at Betfair Sportsbook.

They are available for both Android and iOS.

But how do you know which app to download? Simple!

When you click on “Mobile” in the top menu, a page opens and you can choose the Betfair app that interests you.

After choosing which app you want, click download. You will download an apk and just follow the steps to install it on your cell phone or desktop.

Brazilian bettors can easily make deposits using Boleto Bancário at Betfair. In addition to this, you can also use other methods:

How to Withdraw from Betfair

The withdrawal methods are the same as the deposit, but without the Boleto. In terms of minimums and processing time we have:

It is worth clarifying that both withdrawal and deposit methods are valid for Trading and Sportsbook.

How to Change Currency to Reais on Betfair Brazil? Is it possible?

A question that many Brazilian Betfair users have is how to change the currency from Dollars to Reals.

And the answer, unfortunately, is that it still doesn’t work!

Since February 14, 2019, the Real has been available to new customers. Existing customers will continue to use the Dollar.

When we contacted the company’s Support team, we were informed that there is a migration process for old customers. However, there is no date for it to be carried out.

We will update this information as soon as it becomes available, so stay tuned!

Betfair Customer Support is satisfactory. In the Help section you have FAQs (frequently asked questions) about the most diverse fields and services offered.

If you can’t find what you’re looking for in this section, you can contact the house via live chat, available from 7am to 7pm Brasília time.

The support provided in the chat is quick and effective, and doubts are clarified immediately.

Betfair is today the best betting exchange in the world. It offers the most complete website for those who want to practice high-level Sports Trading.

With low commissions on Exchange wins, it is excellent for those who want to profit from variations in the odds of events.

It’s no surprise that the best Brazilian and world traders bet on Betfair. It is a safe site, also because you can set a loss limit if you want greater financial control.

Those looking for traditional sports betting have an excellent home at Betfair. A wide variety of modalities and markets allow all bettors to have fun.

Tools like cashout and livestreaming make the experience even more pleasurable. Mainly because both are of very high quality.

With weekly bonuses and attractive odds, Betfair Brasil is currently one of the most recommended sites for any bettor looking for good profits.

Its level of reliability is very high, and the reputation of this house makes you feel very safe investing your money in it.