Busy week for betfair with new-advisors and brexit-odds
Betfair have quite a unique niche in the UK online gambling market. They are widely regarded as the UK’s leading betting exchange, and almost everybody in the sports betting industry has heard of them. This week, they are set to enter sports punter’s minds one more, following the announcement that Betfair have just appointed a new governance advisor, and that there have been some interesting wagers staked on Brexit.
The leading UK sportsbook recently announced that Jan Bolz would be taking over as a new Independent Director over at Paddy Power Betfair (PPB). From 2011 until 2016, Mr Bolz served as Chief Executive over at Tipico Sportwetten. In his past, he has always worked with video games developer Electronic Arts, and as Managing Director of the Bertelsmann Music Group in Munich, Germany.
The new Governance Advisor will surely be able to find a way to spice up gameplay over at Betfair, to enable them to continue to compete with other leading UK sportsbooks on the net. However, that isn’t the only piece of news to come out of this week.
Rather surprising set of bets on Brexit at Betfair
Earlier in the week, Betfair announced that they have received a rather surprising set of bets on Brexit. Punters at the UK sportsbook have taken no notice of the passage of the EU Withdrawal Bill and Brexit (which may have major ramifications for UK sports punters) and started wagering money on the UK not leaving the European Union by the March 2019 deadline. In fact, Betfair’s politics section has odds of 4/7, leading many to place bets that there will be a 63% chance that the UK remains part of the EU when the deadline passes.
Despite the sudden turn of events, Betfair spokesperson Katie Baylis commented that “it’s actually seen as more likely by punters that Theresa May will leave her post as Prime Minister before the UK leaves the EU, with odds of that happening currently at 1/2.”
You can get a slice of the action if you decide to sign up and play with Betfair, today, where the UK sportsbook is offering all new players a free £100 bet when they place 5 bets of £10 or more in sporting events (or political bets for that matter).
New costumer offer. Place 5x£10 or more bets to receive £20 in free bets.Repeat up to 5 times to receive maximum £100 bonus. Min odds 1/2 (1.5). Exchange bets excluded. Full T&C Apply.