Fair Bet: The concept of risk aversion is linked to the idea of a fairbet. A fair bet is an uncertain probability whose expected yield is zero. A person avoids a risk if he never accepts a fairbet. A person is said to be a risk lover if he always accepts a fairbet. If a person is always indifferent between accepting a fair condition and rejecting it, he is said to be a risk neutral person. Note, one cannot belong to any of these three categories.
Fairbet 7 exchange. Get your betting exchange ID without any hesitation.There is no cheating, no fraud, only fair betting.
Consider the following two cases. A coin is tossed. In the first case, the gambler receives $1 if the head comes up. If the tail comes up he will have to pay a dollar. This is a fairbet with zero expected return. In the second case, the amount is increased to $1000, it is not uncommon for a person to play the first bet and refuse to play the second bet. He is a risk lover for small bets and a risk averter for large bets. We will discuss these matters later.
The customer service of Fair Bet department is in London. Contact Number given above. If you are unable to call, FairBet offer a service where they will call you instead. All you have to do is enter your Indian or Pakistani telephone number in Fair Bet customer service section, and Fair Bet will call you instantly! Its a great initiative that gives above and beyond what we find on most betting sites. Contact FairBet through the live chat so Fair Bet can assist you better.
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Online Betting: Online betting sites in India
Fair Bet Welcome Bonus
Get a 100% sports bonus of up to ₹10,000 on your first deposit.
Kick-off your sports betting journey on FairBet with a 100% first deposit bonus of up to ₹10,000.
- Making a first deposit of ₹1000 will get you a bonus of ₹1000
- Making a first deposit of ₹5000, you will receive a bonus of ₹5000
The maximum amount of bonus you can receive on your first deposit to FairBet is ₹10,000.
How to get a 100% bonus from Fair Bet?
Simply follow these easy steps and receive your 100% first deposit bonus from FairBet.
- Signup with Fair Bet
- Fill in all the fields in My Account ( read below to find more about this step)
- Make your first deposit of a minimum of ₹1000
- A 100% sports bonus of up to ₹10000 will be credited to your account after the deposit is made
When can I withdraw the bonus?
- Withdraw your bonus and funds from your account, you must meet certain wagering requirements. You need to wager an amount equivalent to the bonus 5 times in accumulator bets.
- There need to be at least 3 selections in each of these accumulator bets and at least 3 selections must have odds of 1.40 or higher.
- For example, you make a deposit of ₹1000 and receive a 100% bonus of 1000. Now, your wagering requirements for this bonus will be – 5 x ₹1000 = ₹5000 in accumulator bets.
- The bet slip in the above screenshot is an example of a qualifying bet that meets the wagering requirements of the Fair Bet welcome bonus.
- The first step involved in claiming the bonus is opening an account with the betting site.
Is Fair Bet Legal in India?
Fair Bet accepts players from India and also offers sports betting in Indian Rupees. It is a fully licensed betting site regulated by the Curacao Gaming Authority. For Indian players, Jack9 offers a host of local payment options such as UPI, PayTM, and PhonePe.
There is no law that prohibits online gambling in India.
Also Read: What is the guide to betting sites in India?