Recently https://madeincandythailand.com/bk8 have read a news article from the Kingdom of Saudi Arabia that discusses the use of BK8 as a sport betting product. In the article it is stated that BK8 is not allowed in Saudi Arabia due to certain regulations that they have made. However this is not true, BK8 is legal throughout the world and is used by many different countries in Asia, Africa and Europe. In this article I will briefly explain the differences between BK8 and betting exchange software such as Betfair.
BK8 is not like Betfair or Interzone where you bet on one sport and can be paid based on the team you support. Instead BK8 is more like betting exchange software. Where Betfair is a betting exchange where all of your winnings are split between the bets you place, and where BK8 is a bookmaker who matches you wagers with another bookmaker. The major difference between the two platforms is that betting exchange software allows the bookmaker to make money off of the bets that you place, whereas Betfair does not. This is to make it easier for the bookmakers to make money, by offering smaller betting bank sizes. Although there is no way to make money off of the bets that you place with Betfair, because the bookmakers take a small percentage from each bet that you place, it is likely that they will still try and give you a good match, or at least cover their risk of losing you money with larger betting bank sizes.
The other big difference between BK8 and Betfair is that BK8 does not allow any type of sponsorship deals. All of the money that is made from your winnings goes straight back into your betting account, until you decide to roll over your profits. With Betfair on the other hand all of the money that is made from your sponsorship deals goes to the sponsor, whether you win or lose. Sponsors pay a fee for each betting account that you open with them, which then grows each month based on the amount of money that you place in with them. The amount that you can potentially earn with sponsorship deals is limited by the maximum amount that your account can handle.
Betfair has taken notice of the growing popularity of both BK8 and Facebook. In an effort to attract more Asian bettors to their betting platform, they have introduced BK8 integration into their platform. By doing this, Betfair is hoping to attract a more exclusive group of members to their betting club. While Betfair has not yet announced any plans regarding the direction of their betting platform in Asia, they have stated that they will continue to look at ways to improve their social media marketing in Asia, and look for additional ways to monetize their club.
Another aspect of BK8 that makes it unique compared to the other two is that its betting company is operated from the Singapore Exchange. As mentioned earlier, Betfair owns a majority of the shares in BK8 , so they are effectively the main power behind the club. As a result, their decision to operate the bk8 betting company out of Singapore gives them a solid foothold in the Asian market, one which may greatly increase their profitability. This investment may also provide them access to new markets that they may not have had otherwise.
One of the unique aspects of BK8 is its exclusive club that allows only members to be able to log into the bk8 gambling platform. According to their Terms of Service, members are entitled to enjoy “unlimited access to the betting company’s features, including but not limited to the chat rooms, game rooms, news feeds and photo galleries.” This kind of privacy is rare amongst online gambling clubs, which are notorious for allowing just about anybody to view member profiles. This feature is certainly a unique aspect of bk8, and one which provides young women in Asia with a distinct advantage over other clubs.