Year established: 2014
Mobile compatible: Yes
Jurisdiction: Costa Rica
Overall rating: C
Recommended: For professional players (Prediction Market / Bitcoin Betting Exchange)
Fairlay is a peer-to-peer bitcoin betting exchange that allows users to place bets on sporting events, prediction markets, and other competitive activities. It operates in two different ways: as a classic betting platform and as an open market where traders can find offers from others or create their own. Fairlay has become increasingly popular due to the fact that its system is provably fair. This means that it utilizes cryptographic algorithms to prove their fairness when it comes to payouts and outcomes of each bet.
In terms of betting markets, Fairlay offers a wide range of options for both traditional sports (football/soccer, basketball, tennis etc.) and virtual sports (horse racing etc.). The variety of markets available makes it an attractive platform for both experienced and casual bettors. It also provides users with great flexibility when it comes to stakes, as bets can be placed from as little as a few cents up to hundreds of dollars. Fairlay also has a reputation for offering some of the best odds in the industry, making it more appealing for those looking to maximize their potential winnings.
Aside from betting, Fairlay can also be used as an open market where traders post odds and create their own markets. This makes it a great option for those looking to make money trading options rather than placing bets on specific events. Fairlay also has comprehensive guides available covering topics such as margin trading, derivatives, futures, and other advanced trading techniques.
Fairlay offers an attractive reward program which gives users points for each bet placed. These points can be used to unlock rewards such as special bonuses, free bets and more. This reward system adds another layer of depth to FairLay’s already impressive user experience.
Usability of the site
Fairlay offers a well designed and smooth user experience. The website is divided into distinct sections such as home, markets, bet exchange and more. These sections make it easy to navigate the website. Additionally, it also provides an intuitive search feature that allows users to search for specific bets or markets quickly and easily. FairLay also has a mobile optimized version which makes it much easier to use when playing on the go.
The FairLay betting exchange also makes it very convenient to place bets in multiple currencies with various payment methods accepted including Bitcoin, Litecoin, Dogecoin, Ethereum Classic and FairCoin. The brand also allows users to view their betting history and balances clearly so they can track their bets and wins easily. Overall FairLay’s user experience is excellent, offering a smooth and easy to use betting platform that makes it very easy to place bets quickly and conveniently.
Fairlay offers a unique and comprehensive betting exchange that allows users to make real time wagers on popular sports events around the world. It provides a great selection of markets, competitive odds, live betting opportunities, a wide range of currencies accepted and a smooth user experience. It also offers an attractive rewards program which adds another layer of depth to the overall betting experience. Fairlay is certainly worth considering for any bettors looking for an enjoyable and convenient betting platform.
– One of the largest bitcoin-only prediction markets and betting exchange;
– The odds fluctuate based on how people vote;
– A plethora of trading events, provably best odds;
– Quite high limits for major sports;
– More than 90% of markets have a base commission only 0.25%;
– You can create your own event;
– Works well on all mobile devices;
– Quick customer support team;
– They have a forum.
– No promotions;
– Narrow range of sports and leagues covered;
– A limited number of bet types;
– Low market liquidity, particularly during in-play betting;
– Not very convenient site navigation;
– Poor payment options.
*Keep in mind to double check information. Be prepared for changes to restricted countries, bonuses, currencies, deposit and payment options, languages, contact info.
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