For the past many years, UFA has been considered as the top budget bookshop in Russia, especially for sports enthusiasts. In fact, most of the time, the sports bookmakers preferred to deal with UFA rather than other local bookmakers. As it turned out, UFA turned out to be the leading sports book in Russia. But its financial status has been the cause of concern for some time now, and many experts have claimed that it is not yet in a position to challenge UEA. Indeed, it was recently reported that the Russian government had made a direct approach to several prominent sportbooks operators of UFA. In addition, there are rumors that the government may be considering changing the law which regulates the functioning of the bookmaker industry.
At present, UFA remains the most popular sports book in Russia, although there is a noticeable decrease in the number of bookmakers from the region of bashkortostan (republic of the Volga). However, the recent financial situation and the growing number of bookmakers from the Volga River area have led to some deterioration in the financial conditions of UFA. According to the organizers of UFA, the decline in the volume of customers has been caused by various factors, most of them centered on the growing competition from local companies, which have offered services that UFA was unable to match. The increasing competition has resulted in the lowering of prices, the introduction of new and more attractive offers, and the introduction of additional discount offers and promotional offers. Besides, various foreign companies have also started operating in Russia in the last few years.
In the last few years, UFA exclusively dealt with football and baseball; however, it started offering tennis and rugby betting services recently. Moreover, it began conducting soccer betting tournaments, which are currently gaining popularity among local soccer fans. Earlier, it was only the major national as well as international sports book that operated in Russia; however, at the beginning of 2009, many sports books from the CIS regions began offering sporting events, including tennis, cricket, horse racing, ice hockey, basketball, and football betting services. As a result, many readers from the different regions of Russia started patronizing these sports books. In addition, several foreign companies also started operating in Russia in the past few years. Most of these companies are associated with large international sports franchises and, consequently, they started offering football betting services, such as the UFA Premier League.
The main advantages of using UFA are the accessibility and ease of access. Compared to any other bookmaker, UFA has an online facility, which allows users to place their bets on multiple sporting events from the convenience of their homes. This facility also enables users to make money without having to leave their offices. Most importantly, UFA uses an innovative technology called the ‘mobile platform,’ which provides users with real time data on the performance of Russian athletes, which was earlier provided by the government and sanctioned by a number of high-profile international sports organizations.
Unlike some of its European and Asian competitors, UFA does not limit its customers to only a few countries or bookmakers. Apart from that, it also offers its customers a great deal of flexibility. Users can choose between different payment options such as through Credit Cards, debit cards, and PayPal. Moreover, a number of companies provide football betting tips and information through blogs, forums, and newsletters. Most of these companies also offer free sign up with a 30-day trial period.
In recent years, there has been a rapid growth of football betting companies in Russia. However, only a few of them provide quality service. Therefore, it is recommended that you always conduct a thorough research before choosing one of them. In addition, before betting on any sport, it is recommended that you do the proper research on the sport. This will enable you to avoid making mistakes and to earn more money.