There are some online betting platforms like Asianstorm that are known as multibookmaker platforms. These platforms bring many betting sites together in one place, including betting exchanges like Betfair Exchange. Using exchanges instead of normal bookmakers is easy in such platforms and it gives many benefits to bettors.
What is the Asianstorm Platform?
The Asianstorm platform is a very smart betting tool. It gives access to many top asian bookmakers and betting exchanges in one account. It shows live odds, fast updates, and helps bettors place bets quickly.
Bettors who want to use Betfair Exchange but also check other sites like SBOBET can do it all inside the Asianstorm platform. They do not need to log in to each site. They can just use the Asianstorm platform to bet on all of them, including Betfair.
What is the Difference Between a Bookie and Betfair Exchange?
A bookmaker that is also known as bookie sets fixed odds for various sports events and markets and bettors bet against the bookie. The bookmaker wins if the bettor loses, and pays if the bettor wins.
Betfair Exchange is different. It is a person-to-person betting system. Bettors bet against other bettors in the platform. One player bets a team will win by placing a back bet, and another bets the same team will not win by placing a lay bet.
The exchange just connects both bettors and takes a small fee on all winning bets. So, the big difference is that in a regular bookmaker bettors bet against the company, while in a betting exchange they bet against other people using the platform.
How to Place Exchange Bets on Betfair in the Asianstorm Platform?
Using Betfair Exchange in the Asianstorm platform is very easy. Bettors first need to open an Asianstorm account following very easy registration and verification process. As soon as their account is ready and topped up, they can log in and pick a sport and match.
Then, they need to select a specific market and click on the odds tab in order for the betslip to open. There, they can compare odds from all the bookmakers and exchanges available for the specific match and market.
Bettors need to go the Exchange tab and choose Betfair Exchange from the list of exchanges available. Then, they need to decide if they want to back or lay their selection. They need to type their stake, make time adjustments if they want and confirm the bet.
Everything happens inside the Asianstorm platform. Bettors do not need to visit the Betfair website directly. It is faster and simpler. Using Betfair Exchange in multibookmaker platforms lets bettors take part in this smarter betting style.
Can You Get Banned from Betfair for Winning Too Much?
The simple answer is no. Betfair Exchange does not ban people just for winning. This is one reason why people like using it instead of bookmakers that limit or ban big winners more easily. On betting exchanges, bettors bet against other people, not the exchange. The exchange only takes a small commission from winners.
In multibookmaker platforms like Asianstorm, if bettors win a lot using Betfair, nothing bad happens. The platform and the exchange are both open to all winners as long as they follow the rules and not cheat or use fake accounts.
What Are the Betfair Exchange Restrictions in Asianstorm?
Betfair is not allowed in every country, and all platforms offering it also follow these rules. People cannot use Betfair Exchange if they live in:
- USA
- France
- Turkey
- Some other restricted countries
To use Betfair in the Asianstorm platform bettors must:
- be over 18
- pass an ID check
- be in a country where Betfair is allowed
Betfair Exchange vs Bookmakers in Asianstorm
In the Asianstorm platform, bettors can use many Asian bookmakers and betting exchanges side by side. This way they can compare more clearly. Bettors who want more flexibility and better value, they might find exchanges a better choice.
Betfair Exchange | Bookmaker |
Bettors bet against other people | Bettors bet against the company |
They can place lay bets | there is no lay option |
The odds are determined by the players | The odds are fixed by the company |
No limits for winners | Winners can get banned |
Trading possible | Only pre-match or in-play |
In Short
Betfair Exchange is a smart way to bet. Using it in the Asianstorm platform makes it even more easy, because bettors can compare odds, place fast bets and use many sites in one account. Betfair lets people bet against each other and not against a bookie. This gives better odds prices and more betting options.