BetUK.Com Remove Their Minimum Bet Guarantee

News reached me earlier today that BetUK have announced the removal of their £500 Minimum Bet Guarantee on all UK & Irish races with immediate effect.

The decision seems to impact ALL customers and as yet, no explanation has been given for its removal aside from a notice on their website and the following email:

The BetUK guarantee lasted a little over 2 months following its launch on the 21st February and takes the number of firms offering online guarantees back down to 3. I have reached out to BetUK for comment but no reply as yet has been forthcoming.

There is some speculation that William Hill may be launching their own guarantee in coming days and if this is indeed true, I will share news on this if and when it launches.

Min Bet Guarantee State of Play

Here then is the current state of play as per MBG’s.

Bet Victor – By far the most extensive offer initially, Bet Victor have rolled out a ‘Bet Guarantee’ market for every UK/Ireland race, where you can win up to £500 from 11am onwards. Both win and each way betting is allowed.

Those of you who have had Bet Victor accounts closed in the past are also welcome to apply to have them reopened to use in the guarantee market. More than a dozen of you have emailed me to confirm previously closed accounts are now usable once again.

Despite initially offering the same odds in the ‘Bet Guarantee’ markets as in their normal racing markets, you can now expect to find worse odds with higher over-rounds and lower value prices.

Therefore, do be sure to double-check the odds being offered in the Bet Guarantee market and how they compare before placing your bets.

Skybet – They will lay a bet to lose up to £500 from 10am onwards, although this is for win bets only and in class 1 & 2 races so is the most limited in scope.

Betfair Sportsbook – Initially offered a £500 lay to lose guarantee for all class 1 and 2 races for UK and Ireland, although this was  expanded on the 30th November to cover ALL races.

You can bet up to £500 on all races win only from 10am and those of you previously restricted by Betfair Sportsbook should be able to get on without issue. Unlike Bet Victor’s offer there is no separate ‘guaranteed’ market and you simply bet as you would do in the regular Betfair win racing markets.

I say you should be able to get on as one growing issue with Betfair’s offer is the fact they have been closing some accounts down for ‘arbing’, which their T&C’s prohibit. Here is how they describe arbing:

“Examples of betting behaviour which indicates that a customer may be arbing includes (i) customers consistently or systematically placing qualifying bets when the price is greater than the corresponding back price on the same selection on the Betfair Exchange at the point of bet placement.”

I have heard from several customers who have had their account closed down for this apparent reason – even though all of them are claiming not to be engaging in arbing in a systematic or consistent basis. Some have been closed down within the space of a few winning bets at short prices. The allegation some are making is that these customers are being tagged as ‘arbers’, simply because they are winning too much, rather than actual arbing – and that this is a rather convenient excuse to close such accounts down.

For the timebeing – its worth simply being aware of this issue if using Betfair and their Minimum Bet Guarantee.

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More Updates As They Come…

If and when there are further updates as per Min Bet Guarantees I will of course keep you updated.

Keep an eye too on the SBC Twitter Feed as through this I regularly share further MBG updates of note as and when they come across my desk.

Explore The Value From The 3 Existing Minimum Bet Guarantees

If you are after more detail on this topic, then you will want to read the special new SBC report exploring the various Minimum Bet Guarantee offers now available to restricted punters.

Based on odds data collected over several months, the report presents our findings on the Minimum Bet Guarantees (MBG’s) currently available from Bet Victor, Skybet & Betfair Sportsbook and answers key questions surrounding them including:

  • What kind of value do MBG’s offer punters?
  • How do the odds available in MBG markets compare with odds from other bookmakers?
  • How useful are MBG’s for punters and how best to use them?
  • Which bookmakers offers the best and worst value MBG’s?
  • What are the issues to be aware of with Betfair’s MBG offer?

This report is available now for immediate download to all Smart Betting Club members. Sign-up now to gain instant access

Peter Ling
Smart Betting Club Editor

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The racing tipster with 450 points profit from 1593 tips – the inside track

In the latest SBC magazine, Issue 110, you can explore a detailed review of a very profitable racing tipster at both fair bookmaker prices and at Betfair SP.

It’s a review that has attracted a lot of interest and questions, so I though I would tackle a few of the key points behind the review to help detail more on this tipster’s successful record.

It delves into topics like the long-term profitable record, the bookies he uses, the exact profit figures at Betfair SP and a lot more besides.

Please also be aware that as a Smart Betting Club member you can enjoy a 50% discount on the cost of membership to this tipster – part of the exclusive savings deals we negotiate on your behalf.

You can pick up your copy of SBC 110 instantly with a Smart Betting Club membership

Long-Term Results That Show Skill, Not Just Luck

Over a small number of bets, anyone can get lucky and turn a profit, yet it takes real skill to make a profit over a long period of time and a large number of bets.

So the first thing we do with any review is to analyse the long-term stats for any tipster and as you can see in the table below, this tipster has made a 450.99 point profit @ 15.38% ROI from 1593 tips.

A big enough set of data to satisfy us that his edge is based on skill, not luck.

This tipster has also made a profit in each year so far and showcased good consistency with that 15.38% ROI figure, which effectively tells you that for every £100 you stake, you will win £15.38 on average.

Quoted Odds That Don’t Get Smashed In!

One of the biggest concerns for racing tipsters these days surround how the quoted odds they advise on any tip stand up over time.

Too many tipsters quote prices that don’t remain available for long, which as a subscriber will only serve to frustrate as you can’t match their claimed profits.

To gauge this, we ran our standard ‘odds tracking’ for this service, whereby we monitored the best prices available from a panel of bookmakers over various time periods.

Below you can see the ROI difference if you had placed your bets at differing time points, which aside from 10.30am, show an actual improvement on the quoted odds.

For example – if you had placed your bets at 8.30am, the average odds on a tip are 10.53/1, compared to just 10.25/1 when the bet was advised by the tipster themselves.

So, if placing your bets at 8.30am, you would have boosted this tipsters claimed ROI figure by 1.69% – suggesting the odds he quotes are very fair and realistic!

Profits at Betfair SP AFTER 5% Commission

In the odds tracking table above, you can also view a major boost to the average odds if betting at Betfair SP with a 6.81% ROI improvement during our tracking period.

To examine this in more detail, we also explored the profitability if backing ALL this service’s tips at Betfair SP minus 5% commission.

Our findings are showcased in the table below, which indicate a small ROI difference of -1.20% if taking Betfair SP, versus taking the advised prices.

Instead of making 450.99 points profit with the advised bookmakers, you would be sitting on a profit of 415.82 points at 14.18% ROI if using Betfair SP.

There is a clear suggestion of profitability to be had betting at Betfair SP – especially if you have a commission lower than 5%, where you should match, if not beat these profit figures long-term.

The 5% commission charge we deduct is Betfair’s baseline offer and the more you bet, the lower that commission rate becomes. The likelihood therefore is that you would pay a much smaller commission rate with Betfair if following this tipster for any length of time.

A Range Of Different Bookmakers Used

If you are happy to use bookmakers to place these bets, then it is also important to know which firms are used and how frequently.

This is important because if certain bookmakers have closed or restricted your accounts, you won’t be able to bet with them if they are top priced on an advised tip. Equally if a tipster is quoting prices with some lesser-known bookmakers, then you might not have access to these odds.

The table below illustrates how frequently each bookmaker was offering the best price through our odds tracking exercise with Betfair Sportsbook the most used 38.18% of the time. Other firms used regularly included Paddy Power (37.09%), Bet Victor (24.55%), Bet365 (23.82%) and Coral/Ladbrokes.

Grab Your Copy Immediately

If you are keen to read the review of this tipster in full and the other tipsters featured in SBC 110, you can access your own copy and the entire back catalogue of SBC magazines the instant you join the Smart Betting Club.

The other tipsters reviewed in SBC 110 include a successful football tipster advising lay bets in major leagues and competitions PLUS the in-play football tipster with a 10% ROI who charges just £2 a month for access to their service.

You can also enjoy significant discounts on the cost of joining many of these tipsters via our unique Tipster Discounts – exclusively available to SBC members only.

Access to all of the above is available with a Smart Betting Club membership, which is currently available from as little as just £2.15 per week.

All of which comes with an iron-clad money back guarantee – enabling you to join with the full confidence you have everything to gain and nothing to lose!

Subscribe NOW to the Smart Betting Club


Best Regards

Peter Ling

Smart Betting Club Owner and Founder

In-play football tips & Betfair SP profits – 2 new ways to win betting

Last week saw the release of the latest SBC Magazine (Issue 110), which features 3 new and very detailed tipster reviews for you to discover.

It includes 2 experts with profitable records on the betting exchanges – the first, a racing tipster with a winning Betfair SP record and the second, a successful football tipsteradvising lay bets in major leagues and competitions.

There is also a detailed review of an in-play football tipster making strong profits taking advantage of bookies mistakes as games unfold.

If interested in learning more on each of these tipsters, I have penned a bit more detail on all 3 below, how they work and the winning edge they can provide you with.

You can pick up your copy of SBC 110 instantly with a Smart Betting Club membership

Review 1: The £2 a month in-play football tipster with a 10% ROI

This first review is one 2 years in the making as we have been studiously tracking this unique tipping service since 2017, during which time we have been highly impressed by the profits generated.

Advising bets in-play, over the course of these 2 years and 1315 tips, this tipster has made a 10% Return on Investment and best of all a 333% betting bank growth figure.

Using the free Telegram app (available in mobile/desktop versions) to supply the in-play tips, this service charges just £2 a month or £19.99 per season to pick up all their in-play advice – making this an absolute bargain!

In our exclusive review, you can read a full breakdown of results over time and by league/competition, plus odds tracking and our experience of following in-play. Already several SBC members have started to follow this expert and it’s easy to see why.

Review 2: The Betfair SP Profitable Racing Tipster

With betting restrictions an active concern for many horse racing punters – attention for many has turned to those tipsters able to make a profit at Betfair SP, where you can bet without fear of account closure.

Hence why interest has been so strong in our 2nd review in SBC 110, which tackles the racing tipster with a strong profit at Betfair SP since 2014. Our calculations indicate a 14.18% ROI at Betfair SP over the past 6 years at 5% commission rates. Assuming you will pay a lower Betfair commission rate – this ROI profit figure could easily be beaten and improved upon.

This tipster also makes a fine profit if betting with traditional bookmakers and perhaps most pleasingly – no major odds movement issues to worry about. Unlike some tipsters where the odds drop swiftly after a tip has been advised, our tracking found that you could actually beat the quoted odds simply by shopping around.

As a Smart Betting Club member you can also enjoy a 50% discount on the cost of membership to this tipster – part of the exclusive savings deals we negotiate on your behalf.

Review 3: The Free Football Betting Laying Tipster

Our 3rd and final detailed review in SBC 110 tackles another winning tipster with a profitable record advising lay bets you can follow on the betting exchanges.

It’s a service run by an ex-betting exchange employee who developed his tipping strategy based on the knowledge he accumulated working in the industry for several years.

Currently available FREE of charge to Smart Betting Club members – it has made a 50 point profit at 3.3% ROI from 450 lays advised since January 2018.

And if that ROI figure sounds low – well it isn’t as it needs to be judged in the context of how a laying service works AND the competitive nature of the markets he tips in. Most of them are major leagues and competitions across Europe like the Champions League, Premier League and Serie A, so getting an edge in these areas is quite the achievement.

Our review explores this currently free service, its profitable record, betting bank advise and how best to follow.

Grab Your Copy Immediately

You can access your own copy of SBC 110 and our entire back catalogue of magazines the instant you join the Smart Betting Club.

This includes access to every single tipster review we have ever written (there are literally hundreds available) and all of the Hall of Fame Tipsters we recommend to make you money betting.

Check out some of our latest publications.

You can also enjoy significant discounts on the cost of joining many of these tipsters via our unique Tipster Discounts – exclusively available to SBC members only.

Access to all of the above is available with a Smart Betting Club membership, which is currently available from as little as just £2.15 per week.

All of which comes with an iron-clad money back guarantee – enabling you to join with the full confidence you have everything to gain and nothing to lose!

Subscribe NOW to the Smart Betting Club

Best Regards

Peter Ling

Smart Betting Club Owner and Founder

A ‘Betting Exchange Tipster’ Special – 2 New Experts Reviewed In BIG New SBC Magazine

The latest SBC Magazine (Issue 110) is out now and it’s a Betting Exchange Profits special featuring reviews of 2 ‘Exchange Friendly’ tipster services.

Whether it be the football laying expert making a fine profit in major European leagues or the long-term successful Betfair SP racing tipster – there is something for everyone to enjoy in this latest expert magazine!

Added to the mix, you can also explore our review of the in-play football tipster with a 10% ROI, which best of all it costs just £2 a month to follow. An absolute bargain!

There is also a special feature on the new £500 Minimum Bet Guarantees offered by several bookmakers, the value they provide and who they are suitable for.

All told its a bumper edition and a must-read if you are looking for sustainable, exchange friendly tipsters to follow. SBC Issue 110 is available now with a Smart Betting Club membership.

How To Get Your Copy Immediately

You can access your own copy of SBC 110 and our entire back catalogue of magazines the instant you join the Smart Betting Club.

This includes access to every single tipster review we have ever written (there are literally hundreds available) and all of the Hall of Fame Tipsters we recommend to make you money betting.

Check out some of our latest publications.

You can also enjoy significant discounts on the cost of joining many of these tipsters via our unique Tipster Discounts – exclusively available to SBC members only.

Get The Full SBC Membership Package For Just £27.99

You can now join the Smart Betting Club and take advantage of our lowest EVER membership prices for 2019.

From as little as £27.99 + VAT per quarter, you can get started immediately and access the ENTIRE Smart Betting Club service including all our SBC Magazines, Tipster Profit Reports, Best Tipster Guides, Pro Betting Guides & more.

This includes access to our full 13 year back catalogue and no quibble money back guarantee if you join and don’t like what is on offer (unlikely!).

£27.99 per quarter works out at just £2.15 per week – less than the cost of the Racing Post.

It’s our best ever SBC membership deal and with our amazing money back guarantee offer you have everything to gain and nothing to lose.

Subscribe Now to the Smart Betting Club

Best Regards

Peter Ling

Smart Betting Club Owner and Founder

5 of The Best Free Tipsters / Winning Betfair SP, Laying & In-Play Football Tips

Did you know that as a Smart Betting Club member you can gain access to free betting tips as provided by a series of hand-picked profitable tipsters?

Providing you with ready to follow experts that have a proven record of making profits and all without breaking your bank.

Including several tipsters who are making a profit on the exchanges – be it at Betfair SP (after commission) or by backing or laying in popular football leagues and competitions.

All told, it’s an ideal solution for those of you not sure where to start OR wary about spending money on large tipster subscriptions.

Once you have signed up for a membership with us, simply choose the tipsters you wish to follow via our members-only ‘Free Tips’ section. You will then receive their tips free of charge to your email account each time they have bets to advise.

Five Of The Best Free SBC Tipsters…

For those of you wanting to know more about each tipster and how much they have made – I have penned a few words below on the performance of 5 of the current featured free tipsters

1. Lay The Draw Football Tips – Exchange Friendly

If you are looking for a profitable football strategy to follow on the betting exchanges, then look no further than the tips supplied by the Lay the Draw service – all currently available to you free of charge as a Smart Betting Club member.

This strategy first started proofing in January 2018 and after the first 16 months, the first 462 tips have produced a profit of 45.31 points to 1 point level stakes.

The service itself provides straight lay the draw tips with no in-play trading across a range of leagues. As its based on laying, its ideal for those of you limited to exchange betting.

2. The Poacher Football Tips – PreMatch & In-Play

You can now follow advice from well connected football tipster – ‘The Poacher’ for free as a Smart Betting Club member, both pre-match tips and now also in-play tips.

The service is named ‘The Poacher’ because it is overseen by a true ‘Poacher turned Gamekeeper’ who has been working for bookmakers in a variety of roles since 1996 and has decided to operate his service from ‘behind enemy lines’.

We recruited him to the SBC team in January 2019, since when he has made a 16.62 point profit @ 13.7% ROI tipping in football leagues across Europe from his pre-match tips. He has also now setup a new In-Play tipping service – again free to follow as an SBC member.

3. The Inside Man’s Football Tips

For the the last 20 years, the tipster we call ‘The Inside Man’ has worked in a number of football roles at professional clubs and also for leading betting syndicates – hence why we recruited him to supply tips to SBC members.

Since he began back in January 2019, he has put up 68 tips and made a 9% ROI from the tips in his chosen leagues and competitions. All as part of a coherent and long-term profitable betting strategy.

4. The Accountant’s Place Bets – Profitable at Betfair SP

The Accountant has been successfully trading on Betfair for the past 20 years and has a history of both backing and laying horses at Betfair SP.

His latest strategy is a profitable place backing system, which identifies horses offering value at 2/1 and under.

His record to date has made a 9.92% ROI betting at Betfair SP from 176 tips to date. This is after a 5% commission deduction.

5. Turf Wars Racing Tips – Profitable at Betfair SP

Turf Wars is another profitable racing tipster with an enviable record dating back to July 2018, since when they have made significant profits at both Betfair SP and advised bookmaker prices.

Based on 1217 tips advised, he has made a ROI of 12.1% at bookmaker prices and best of all a 7.47% ROI at Betfair SP (after 5% commission!)

Once again all Turf Wars tips are available free of charge to SBC members.

Follow These Tipsters With Your Risk-Free SBC Membership

The tipsters mentioned above are available to follow for free each day as part of your Smart Betting Club subscription.

Simply choose the tipster(s) you wish to follow and sign-up to get their selections sent via email by following the links in the SBC ‘Free Tips’ members only section.

So, if you are looking to get started betting with tipsters and don’t want to splash the cash on expensive subscriptions, why not consider following our free tipsters as part of your Smart Betting Club membership.

Best of all, you can now sign-up totally risk-free thanks to our money back guarantee,which ensures if you find our service (and these free tipsters) not for you, then you can get a full refund.

Meaning you have everything to gain and nothing to lose from joining our exclusive club!


Best Regards,

Peter Ling
Smart Betting Club Editor

pete

If you have any questions on this article or a Smart Betting Club membership in general, you can contact me directly via pete@smartbettingclub.com. I respond to all emails as quickly as I can!

Why This Is The Biggest Mistake Many Punters Make

I want to follow up my 5-step article last week on getting started betting with tipsters, with more advice today on what I believe to be the biggest mistake many punters make when using tipsters:

A Lack Of Patience

I know for many the idea of needing patience when it comes to tipsters is a dirty word. After all you are paying a tipster to back winners, so if they keep tipping up losers, you should get rid of them.

Right?

Wrong!

The problem with that attitude is that it doesn’t take into account the laws of making money across all forms of investment AND the need for realistic expectations based on the type of tipster you are dealing with.

As whether we like it or not, when trying to bet profitably, it is a marathon not a sprint and it’s only the patient amongst us who benefit in the end.

If that sounds unpalatable to you, then fair enough – you are probably not suited to the cut and thrust of following tipsters to profit. Not everyone is.

Yet if you are determined to make your betting pay and are keen to see how we can help you do this, just as we have done for DaveMichaelBilly and many others, please read on.

High Risk: High Reward

The first thing to understand is that betting for profit is in so many ways, very, very similar to any other form of investment.

Whether you are buying, shares, gold, houses or bitcoin – the principles are exactly the same as betting, including the concept of High-Risk, High-Reward.

This simply states that the greater return you are looking for, the greater the risk you will have to take to make it.

Bitcoin is a classic example of a very high risk investment – as it went from $1,000 on January 1st 2017 to $17,000 by the end of 2017, before since dropping all the way back down again and up to its current price of around $4,500.

Anyone investing in bitcoin over the past 2 years would have needed nerves of steel as you were taking a huge risk. You might have made 17X your investment, yet could easily have lost that – all depending on when you stuck your cash in.

See Also – The Stock Market

Although usually less extreme in its ups and downs, the stock market also teaches us about the balance between risk and reward and the need for patience to reap the benefits.

To give a good example of this, I invested last year in specific stock market fund, which I researched in-depth prior to sticking my money in. This made it clear that this was a medium-to-high risk fund, which whilst likely to make great returns over a 5 or 10 year period, would be very up and down on a monthly and sometimes yearly basis.

And oh how that has rung true in reality – as you can see from the table below, which lists the % increase or decrease after each month so far.

This table reveals how after starting off reasonably OK in June, July and August – a really bad run between September and December saw it down 6.6% in total.

Come 2019 and following a good start to the year, I am now up that 3.63% figure, which whilst below the long-term expectation, is still a profit nevertheless. To get the full rewards, I am just going to have to be patient.

DONT PANIC!

Once again, when it comes to the stock market, an understanding of what you are investing in really does help you make the right decisions with your money.

Had I panicked and quit the investment fund at the end of 2018 when I had lost 6.6% of my bank – that clearly would have been the incorrect decision. I would have missed out on the 10.23% it has made since then in the first quarter of 2019. I wasn’t to know when this fund would rebound, yet I knew it would if I simply bided my time.

Yet, whilst many of us will understand this when it comes to the stock market, not enough people apply this logic to the tipping world.

I see it all too often – people join a tipster after 1 good month and then leave after 1 bad month. Not giving them enough time for the investment to be rewarded.

A Classic Tipster Example

A good example of the need to be patient with tipsters comes in the form of one very highly rated tipster, who sits in our ‘Hall of Fame’. He is a proven expert and his record of over 1600 points profit at 17.6% ROI dating back to 2013 highlights him as a tipster that knows his tipping onions.

Yet if you are going to follow him in, then you have to be patient, due to the fact he backs long shot horses at an average price of just under 11/1.

At these odds it’s to be expected that you will experience the occasional losing run and over the 65 months he has been actively tipping, 20 of them have made a loss – a strike rate of 69% winning months to losing months.

Or to put it another way – in an average year you can expect to have approximately 3 to 4 losing months

Although the 8-9 winning months will completely outweigh these losses, if you jump ship after a losing one, you are short-changing yourself. Yet this is exactly what some punters are doing and have done during the past year – making the same mistake over and over again.

Why Are They Jumping Ship From This Tipster?

The reason they are jumping ship too soon becomes easier to understand when we analyse the monthly breakdown of his performance over the past 12 months.

Should you have joined on March 1st 2018, then come the end of May 2018, you would be sitting on a 58.4 point loss from 202 bets.

How many of you would have quit then? I dare say quite a few.

If you had done so, then you would have missed out on the 208.3 points made in June and July, which would have left you up 149.9 points overall.

As this table indicates, there are peaks and troughs across the year but taken as a 12 month snapshot, this tipster did return a fine profit.

His 12 month ROI of 10.90% is a little below his expected 17% ROI, although in the 4 months prior to March 2018, he did make another 177 points @ 30.14% ROI, which again illustrates the value in patience.

Eyes On The Long-Term Prize!

I hope this article has helped to shed some light on how to approach betting from a profitable point of view and the need for patience when following tipsters.

I would love to be able to say to you – “I can guarantee you will win month-in, month-out”. Yet that is not true and I won’t sell you a lie.

There are plenty of people out there saying exactly this and usually its trying to flog some get-rich-quick-scheme.

The Smart Betting Club is different as we are geared towards helping you make a sustainable profit betting. We are not interested in helping you make a quick buck, but instead giving you the expertise, information and resource to make it pay year-in, year-out.

This includes things like helping educate you on not just who the best tipsters are but the setting up of betting banks, the best bookmakers or exchanges to use and so on.

I like to think that this long-term approach is why we have been around since 2006, over which time we have helped hundreds, if not thousands of punters make their betting a success. You can read some real-life examples here.

If you are interested in following in their footsteps, I invite you to consider a Smart Betting Club membership, which is currently available from as little as just £2.15 per week.

All of which comes with an iron-clad money back guarantee – enabling you to join with the full confidence you have everything to gain and nothing to lose!

Subscribe NOW to the Smart Betting Club


Best Regards,

Peter Ling
Smart Betting Club Editor

pete

If you have any questions on this article or a Smart Betting Club membership in general, you can contact me directly via pete@smartbettingclub.com. I respond to all emails as quickly as I can!

Interview With The Punter Making Five-Figure Profits With Tipsters
For even more inspiration and advice on how to make a profit using tipsters, then be sure to read this interview with SBC member on how he runs a successful tipster portfolio – one that now makes him a five figure profit each year. You can read all about Dave’s approach in this revealing interview now available on the Smart Betting Club Blog

How useful are the current Minimum Bet Guarantee offers? We investigate…

If you bet on Horseracing, then you will want to read the special new SBC report exploring the various Minimum Bet Guarantee offers now available to restricted punters.

Based on odds data collected over several months, the report presents our findings on the Minimum Bet Guarantees (MBG’s) currently available from Bet Victor, Skybet & Betfair Sportsbook and answers key questions surrounding them including:

  • What kind of value do MBG’s offer punters?
  • How do the odds available in MBG markets compare with odds from other bookmakers?
  • How useful are MBG’s for punters and how best to use them?
  • Which bookmakers offers the best and worst value MBG’s?
  • What are the issues to be aware of with Betfair’s MBG offer?

This report is available now for immediate download to all Smart Betting Club members. Sign-up now to gain instant access

What Is A Minimum Bet Guarantee?

For those of you not familiar with Minimum Bet Guarantees – below is a quick explanation to get you started…

A Minimum Bet Guarantee (MBG) in its simplest form is where a bookmaker will allow you bet to win up to a certain amount – usually around £500 without stake restriction. They are used primarily on horse racing, where the issue of restrictions is currently at its greatest, although in theory a MBG can be applied to any market or sport required.

A punter offered a MBG that allows them to win £500 can place as much as £50 on a 10/1 bet or £250 on a 2/1 shot. The simple premise is that your stake allows you to win up to but no more than £500 on any given bet – usually only single bets.

Here are the 4 current MBG offers available:

SkyBet – Any Class 1 or Class 2 race can be backed to win up to £500 from 10am (win bets only)

Betfair Sportsbook – All races can be backed to win up to £500 from 10am (win bets only)

BetVictor – slightly different in that they offer a separate ‘guaranteed market’ from 11am to win up to £500 (this can be a win or each way bet). The odds in the guaranteed market are often worse than the regular markets.

BetUK.com – All races can be backed to win up to £500 from 11am (win bets only)

More information on each of the above can be found via this link.

Best Regards,

Peter Ling
Smart Betting Club Editor

pete

If you have any questions on this article or a Smart Betting Club membership in general, you can contact me directly via pete@smartbettingclub.com. I respond to all emails as quickly as I can!