Some Betfair traders make a full-time income from the platform, while others use it as a side hustle to supplement their income.

On sportsbook browser, you can select 'Cash Out' from the black banner just underneath the header. This will then show you which bets are open and eligible for cash out.

Legal definitions of gambling vary between jurisdictions but are most commonly built around three core concepts: an initial stake (the 'consideration'), an event with an uncertain outcome (chance) and a potential reward (or 'prize'). Prizes are often framed in terms of 'money, or money's worth' (Abarbanel, 2024).

A 3-way bet is a bet on an event that has three possible outcomes: Team A wins, Team B wins, or a draw. The odds on a 3-way bet will always be higher than odds on a similar two-way bet considering there is an additional outcome. Therefore, when one places a 3-way bet there is only one way to win and two ways to lose.