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Originally Posted by ubetido
Hi
Could someone clue me in on Betfair. Does it operate in OZ yet or still UK account etc.
If in UK is the foreign exchange an issue.
cheers
U
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Operates on Australian Horseracing as well as USA FRANCE GERMANY SOUTH AFRICA GB etc.
There is an office in Hobart, Australia. But for all non GB accounts they are moving the "office" to Malta. Not technically, but figuratively
Foreign Exchange is not an issue, funds get credited to your account in AUD.
Betfair make you have two "wallets"
There is a UK wallet for all international betting, funds depositing and withdrawal etc.
You just transfer funds instantly from UK to AUS wallet to bet on AUS racing.
You just click a button to transfer funds, much like you internet banking.
It's not really a hassle, I just split my bank between the two wallets, for safety anyway.