This guide is for beginners who want to understand Betfair Exchange in order to start trading and making some serious money. This is my Betfair Bible which you must read if you are new to it. In this guide I've also revealed some secrets on how local bookies, online bookies and Betfair works. So it's a MUST READ guide for all.
Betfair can be intimidating for any newcomer. It's a unique concept, getting your way around it will be challenging if you are on your own. This step by step guide will help you to understand Betfair Exchange in no time.
When I first visited Betfair website I couldn't figure out anything. All I could see was bunch of odds in blue and pink. I gave up after first visit. After sometime I decided to give it another try and I could figure out something after going through all possible tutorials available on the Internet. It took me few months of time to comprehend it fully. The most difficult to understand aspect was lay betting and they way odds are displayed at Betfair website. Lay concept which can be more challenging than finding your way out of Bhool Bhulaiyaa.
This guide doesn't tell you how to bet at BF EX but it introduces you to Betfair and explains how BF EX works.
You can always discuss any betfair related issues in Betfair Forum.