Wednesday, March 15, 2006

Betfair - New Features

Have you visited the world's number one betting exchange Betfair recently? If not, you may be unaware that a number of new features have been introduced.

A number of these concern how information is displayed on betting pages. For example, in horse racing the jockeys' colours are now shown, and if you hover your cursor over a horse's name, further information is displayed, including the horse's form string.

You can also personalise how Betfair displays prices. For example, if you don't like seeing Lay prices displayed with a pink background (the default), you can switch to red, green or yellow.

You can also choose either Full View or Express View. Full View is the standard Betfair display, but in Express View you only see Back prices, and you aren't shown either the amount of money available to stake at best price. It's not clear to me why anyone would prefer Express View, unless they really don't understand exchange betting, and prefer to see prices displayed as they would be at a betting shop.

There are various other innovations, and it's worth dropping by and clicking on Options some time to see what they are. However, one of my favourite innovations has nothing to do with the betting interface.

Betfair are now allowing accounts to be funded using the online payment system Paypal, and you can also withdraw any winnings to your Paypal account. I've had a Paypal account for several years, and found it a very convenient method for paying for things on the net. It's also widely used on the Internet auction site eBay, so you can now use your Betfair winnings to finance your auction purchases, and vice versa!

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