Betondroid Betfair
Introduction
Warning: Although the current score, time elapsed, video and other data provided on this site is sourced from 'live' feeds provided by third parties, you should be aware that this data may be subject to a time delay and/or be inaccurate. Please also be aware that other Betfair customers may have access to data that is faster and/or more accurate than the data shown on the Betfair. BetOnDroid is a ladder interface trading on the Betfair Exchange, available on Android. Bet with any Android powered phone or tablet. The Betfair App Directory is the home of betting applications where you will find a range of tools, apps and interfaces that can be used on the Exchange.
Betfair is the largest online betting exchange in the world. Since its launch in 2000, the company has added a new dimension to online sports betting by letting players choose their own odds and influence the markets’ liquidity. What makes Betfair really stand out from other operators is the “lay” option which allows clients to bet against something to happen. Betfair has over four million registered users and more than 950,000 active customers. In 2011 the company moved its operations offshore from UK to Gibraltar and became regulated by the Gibraltar Gambling Commissioner.
Review
Betfair handles more than seven million transactions every day, with 99.9% of them completed in under a second. To put this figure into perspective, all European stock exchanges combined process less trading operations. There is plenty of money to be made at Betfair once you know how it works. If you’ve never used a betting exchange before, the transition from a traditional bookmaker may seem a bit tricky, but what Befair offers is not a complicated concept at all. It’s just different, and as with everything new, it takes a bit of time to master. Once you understand that Betfair is just a marketplace where people bet on things to happen or not happen, everything falls into place. Here, you can back your favourite teams and players, just like with normal bookies, but you can also bet against an outcome. You can lay football teams, horses, or any other sporting event. But there is even more: Betfair odds are proven to be up to 20% better than at the regular bookmakers.
At Betfair all wagers need to be matched before they are accepted. In other words, the bet must have a person willing to back the outcome (backer) and someone with an opposite view, willing to bet against it (layer). When both players have agreed on the same odds, the bet is matched.
Now let’s take a more in depth look at the lay bets. Betting against something not to happen seems much easier. For instance, you can lay Rafael Nadal to win Wimbledon, and all you need is him losing one of the 7 potential matches. However, if Nadal goes on and takes the trophy you will have to pay the backer his winnings.
Once you’ve learned the basics, hundreds of betting markets await you. Betfair offers a wide range of sports including the ever popular football, tennis, horse racing, basketball, American sports, Australian rules and many more. For live betting enthusiasts, Betfair brings an unrivalled In-Play betting experience, with the exclusive “Cash Out” option. If the odds shift your way, you can collect a profit with a single click. Betfair hands you all the tools required to make the right decision, including professional insight from sports legends like Lee Dixon, Michael Vaughn and Will Greenwood, as well as sports statistics from OPTA, the world’s leading data company.
Aside from its sportsbook and exchange platforms, Betfair offers also trading experience. In order to have a successful trading activity, Betfair brings in front of its clients a wide range of softwares. They are listed below:BetAngel, BetEngine, BfBotManager, GeeksToy, Cymatic, BetTrader, Betting Assistant, BetMover, Bfexplorer PRO, Bf Bot Manager, BotBeetle, Bet Commando, BetexTrader, Betpractice Score Grid for football, Bet Angel Trader, BetOnDroid, Bet-Droid, Bet Mover, BetBotPro, BBSchedule, BetDriver, Betfair Results Service (beta), Betfair Historical Data, Bet Selector, Bet Angel Basic, Betex Trader, BetSelector, Bet-Angel Professional, BotPractice Score Grid for football, DataForm PRO, Grey Horse Bot, Exchange betting for iPhone, Fairbot, FracSoft Historical Data Service, KH4 Sports Traders, MarketFeeder Pro, MT3, RebelBetting, Sports betting for iPhone and iPad, Time Machine for Market feeder Pro, Traderline, Traderline for iOS, Traderline for Android, Timeform data, Traderline for iOPS, XC-EPOS, XSS-EPOS.
PAYMENT
The minimum bet at Betfair is €2. There is no maximum bet limit. Since Betfair is not a traditional bookmaker but a betting exchange, all your winnings are subject to commission. Contact our live chat support or via Skype for more information on how to obtain an account with attractive commission through a Betfair agent.
Betfair offers a comprehensive FAQ section on its website which includes educational articles and videos.
Overview
Betondroid Betfair Online
Gambling has a long history dating back to as early as the 15th century and most games that you can play now in casinos have their roots in China. As early as gambling started, only after 1994 online gambling first became a viable option and online casinos started up. Partly due to legislation and lack of online customers, online gambling climbed up in popularity and it was at the height of the Internet bubble (2000) when Betfair launched. Betfair is currently the world’s largest Internet betting exchange company and to have an idea of what that means they claim to have over 4 million customers and a turnover in excess of $320 million per month. Yes, you read that correctly, it adds up to almost $4 billion per year, mind blowing if you take into account that we’re talking about betting here.
Betfair started in UK and was one of the companies that received in 2003 the Queen’s Awards for Enterprise in the Innovation, a prestigious award. Unfortunately for the UK, as most giants do, Betfair moved its operations to Gibraltar in 2011 to save lots of money in taxes. If you think that’s unfair, think about your favorite tech company and pretty sure they’re based in a fiscal paradise too (Google, Apple, Microsoft, …). Politics aside, Betfair allows its clients to bet on anything sport related, horse racing, casino games (i.e. poker), even Vegas slots and Bingo games.
Betfair has recently launched a developer program that allowed third party developers to create applications that interface with Betfair. This was a great move on their side as now there are dozens of apps that can help you interact better with Betfair. If you have an Android device then you can use BetOnDroid, the first app with a ladder interface that lets you manage your Betfair bets.
The app
BetOnDroid is free and obviously it requires you to have a Betfair account (or sign-up for one before using the app). Its dashboard will give you the default login/logout actions, as well as allowing you to create a Betfair account. From the dashboard you can access your account and bets, see all the events you can bet on and two sections for InPlay Now Markets and InPlay Soon Markets – basically current games or soon to start ones that you can bet on while the game is still playing. For your account information you can see general info such as how many betfair points you have and discount commission, as well as details regarding your current wallets. You can have wallets in different currencies and for each you’ll see the amount deposited, how much of it can be used for betting, how much can it be withdrawn and lastly what is your current exposure (plus the maximum limit) for that currency. From your account you can also transfer funds between wallets.
The interesting part happens when you access the most important section of the app, the bets one. That’s what you’ve seen in the screenshot above and this is where you can place your bets with a simple tap. The top section will show you the event name you’ve selected and what market is part of (along with market status, start time and total amount in this market). You also have actions at the top to cancel all your unmatched bets, change the size of the bet (Betfair has a minimum of 2) and enable virtual prices. You can also see all the bets from that market, a chart with pricing fluctuations for bets and runner information (only for horse racing). Its interface uses a ladder system, as you can see well described in the image below:
Here’s a list of features that BetOnDroid has:
- Ladder interface. If you’re a novice in the betting area, here’s a little bit of mandatory Trivia: LAY bet means placing a bet that something won’t happen; BACK bet means placing a bet that something will happen; HEDGING/GREENUP means placing both lay and back bets on an event with the purpose of getting a profit no matter what the turnout of the event will be. From BetOnDroid’s interface you’ll be able to place both lay/back bets, you’ll see the suggested best ones for the market, all in a tabular view with color coding. This is designed in a manner that will help you act fast especially for inplay betting where time is of essence.
- One tap actions. From the bets interface you have ‘one tap’ actions that will let you place a bet with a single tap, cancel one or even hedge/greenup a bet.
Quick actions on the list of bets in BetOnDroid
- Multiple wallets and markets. You have access to odds from the UK and Australian betting exchange markets. This means that you also have two wallets for your account, one in pounds (for UK) and another in Australian dollars. It’s also possible to transfer funds between these wallets.
- InPlay access. With BetOnDroid you have quick access to “Inplay now” and “Inplay soon” markets. Inplay means placing bets for a game/event that is currently taking place. The amount and type of bet will vary depending on the bets that were placed before the match and also that are currently placed. You can place any type of bet for an Inplay event, as long as someone else will match your bet.
- Runner info. For horse racing you will also see information regarding the horse that’s running. You’ll be able to see who’s the jockey, what’s the age/weight of the runner, how long ago the last race was, who is the trainer, what is the official rating and other details that you could use to decide on how to bet.
- Price info. You can enable virtual prices to be shown for betting and also see price charts for each market. Surely prices will vary depending on how many bets are placed in a direction, that’s why the price will fluctuate.
- Settings. BetOnDroid has various settings to improve your betting experience. You can choose to keep unmatched bets for inplay games, you can enable betfair starting price, you can enable confirmations for betting/cancelling/greening-up, set the refresh rate for prices (1 second by default) and various view settings (blink amount changes, set height for cells, highlight best bets). Lastly you can select what to view from the markets available.
Multitude of options in BetOnDroid
- Free. BetOnDroid is free and doesn’t show any ads. It is one of the apps approved by Betfair and available in their directory. The app is also available on Google Play, however it only has read-only functionality in there as Google doesn’t allow real-betting apps in its market.
Conclusion
BetOnDroid is definitely a must for betting experts and novices. It can be downloaded for free however since the download isn’t offered directly via Google Play there’s an extra step you have to make to install it, enabling the installation of apps from Unknown Sources. To do so go to Menu -> Settings -> Applications and check the box marked “Unknown Sources“ (allow installation of apps from non-market sources). After that just download the .apk file and run it.
You can read more about this app on its official website at betondroid.com or download the .apk directly here: Download BetOnDroid
Name: BetOnDroid
Developer: BetOnDroid
Size: 1.6Mb
Package: BetOnDroid.apk
Version: 1.8.6
Last update: October 6, 2013
Price: Free