Established in 2000, Betfair Online Sportsbook has been around long enough to develop into a highly respected sports betting operation offering one of the largest selections of sporting events and special venues for wagering. The software that powers Betfair Sportsbook is privately developed and owned, providing a quick and smooth interface. Live, In-Play betting is available along with Backing and Laying odds. The minimum wager is £2 (£50 if betting by telephone). There is no cap on maximum winnings. Maximum bets vary by market. Odds are provided in EU (Decimal) format only. Any bets accepted at incorrect odds will be void (standard palpable error rule). Betfair Sportsbook takes an industry standard commission of 5%. Members of Betfair Sportsbook will find a plentiful selection of deposit and withdraw methods for their convenience, along with 10 accepted currencies. The software is available in 17 languages.