Best World Cup Offer: Up to £70 in free bets for all new Smarkets customers

SBC recommended betting exchange, Smarkets, have just sent over details on a fantastic offer for new customers, whereby you can enjoy up to £70 in free bets during the 2018 World Cup.

All you need do is pick a team for the World Cup and in each match they play, you will get a £10 risk-free bet to place.

So if you select a team that goes all the way to the World Cup Final, you can enjoy 7 X £10 risk-free bets. Every team is guaranteed at least 3 games so as an absolute minimum you will benefit from 3 X £10 free bets.

To qualify for this offer, you must be a new Smarkets customer and simply choose a team via this link.

smarkets

Why SBC Recommends Smarkets

Now I realise you will be inundated with details on special bookmaker offers during the World Cup, but the reason I am happy to put this forward is based on our recommendation of the Smarkets service.

Their low 2% commission rate compares very favourably (much better than main rival Betfair) and with a wide range of markets, increasing liquidity and good site stability, its a essential betting account.

Throw into the mix the chance to get up to £70 in free bets during this World Cup and it’s a great time to join them.

Best Regards,
Peter Ling
Smart Betting Club Editor
Pete_HeadShot_SMall

Bookie restrictions: An insider’s advice on keeping your accounts open (plus min bet law news)

I have more news and advice today on the topic of bookmaker restrictions and closures including specific advice on why the forthcoming Aintree Grand National meeting is such a good time to take action on this front.

Before that though, some interesting news came out this week on restrictions following our call to action to email the Gambling Commission about how they had impacted you. Greg Wood of the Guardian published this fascinating article on Sunday, which outlined how action might not be far away on a min bet law…

Representatives met with senior Gambling Commission officials on Thursday to discuss the possibility of a minimum bet limit becoming a requirement of a bookmaker’s operating licence, and apparently left believing that it will, at some point, become a reality.”

I followed up on this article with Brian Chappell from Justice for Punters who attended the meeting referred to and because he and his colleagues have also met with others since. He had this to say:

“We mustn’t get carried away, because a lot of what is required for a Minimum Bet Law (MBL) is out of the control of punters, except for campaigning, so it’s really important that people contact the Gambling Commission as part of their present consultation as outlined here.

The possible options on the table are; that companies finally, due to pressure, realise they are trading unfairly meaning they enter into constructive discussion about a voluntary MBL, new primary legislation, which will be difficult to progress quickly due to the UK parliament being obsessed with Brexit, or the CMA forcing companies to be clear in their T&Cs that winning using skill is not allowed. It is, therefore crucial SBC readers continue to email the GC with details of any stupid account restrictions they incur.”

He went on to say that everyone should read the Victoria, Australia MBL rules, because this is what Justice For Punters is campaigning to be introduced and nothing less.

That’s the future, but what about avoiding restrictions right now?

Whilst the above is very encouraging news, until such a time as a minimum bet law is introduced, we must still be careful to protect our existing bookmaker accounts from future restrictions and closures.

..And with the Aintree Grand National meeting coming up – a time when thousands of new bookmaker accounts are being opened from people with no idea about betting, it’s also a fantastic chance for shrewd punters to hide in plain sight and have your accounts ‘coded’ as safe.

To explain more on this and to help you best understand how bookies track your accounts, I wanted to share an article written by a bookie insider for the Smart Betting Club on this very topic.

This insider has spent years working on both sides of the betting fence so is uniquely positioned to offer advice about how to get your bets on.

His approach is all about ensuring your account is coded as ‘safe’ in its infancy and following certain strategies to fool the bookies into thinking you don’t know what you are doing (despite the fact you do!)

Even though this article was first written in late 2016, much of the advice is still very relevant…so without further ado, here is the lowdown from our Bookie Insider

An insider speaks – how to ‘code’ your accounts as safe

From the point of view of someone who has been on both sides of the fence over the last 15 years or so, it’s best to view the battle between shrewd punters who want to maintain winning accounts and the bookies who want to shut them down as a game of cat-and-mouse.

Bookies have moved well beyond analysing the behaviour of their customers in an attempt to restrict those who will beat them, into employing increasingly smart technology to catch those who discover loopholes and cover their tracks.

Tracking software has become ubiquitous with all major bookies – the likes of iesnare and iovation have been the subject of huge controversy as the grey area of customers’ privacy is challenged. But avoiding these legally-dubious methods is just the first step to take when engaging in the battle of smarts and wills with the online bookmaker and by which ‘unwelcome’ punters can keep under the radar of the bookies’ account-coding teams.

These teams work hand-in-hand with the liabilities department, examining each bet that meets certain criteria, such as those which are due to return more than a certain amount, those from punters who are already being monitored, or those on specific events or niche markets where the firm in question might be vulnerable to savvy customers.

One approach is to try to avoid being ‘coded’ at all – to escape the attention of the hawk-eyed account restrictors by staying under the radar with small bets in the hope of not being noticed. This is possible but it’s tougher than ever to pull off – if your betting patterns are shrewd you’re likely to get noticed at some point and then it’s back to square one.

Try and get marked up early as a ‘safe’ account

Another method, and the one we’re focused on here, is to actively try and get marked up early as a ‘safe’ account, one in which the betting patterns suggest it’s operated by a typical losing punter.

This involves pre-empting the marking of the account by making it look as though the account will be a winning one for the bookie, one likely to consistently lose money over the long-term.

These accounts will tend to have a less rigorous filter applied to them, meaning that for bets to appear on the liability team’s screens they have to be at or close to the market’s maximum stake, or that the event is being subject to particular scrutiny (in which case all bets on that event will be flagged up).

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Put yourself in the bookies shoes

To get an idea of how to go about this, try putting yourself in the bookie’s shoes – if you were charged with coding accounts as good or bad for business, what would you do?

The customers that firms like the best are those who lose consistently and reliably, whether involving big or small amounts. Punters like this who lose small (probably 95 per cent of a firm’s active clients) rarely appear on the coders’ radar as the system filters their bets out as irrelevant – they’ll generally be small non-price-sensitive stakes on big markets, or multiples thereof.

To come to a coder’s attention with a young account then it generally would require that account to feature bets on small markets or niche events with bets close to the maximum stake allowed. If you open an account and your first bet is a large one at a stand-out price on, say, a speedway event, it’ll raise a red flag.

If, on the other hand, it’s Sunderland to beat Chelsea 6-2 or a goalscorer accumulator across a few live games, your bets will either be passed over or you’ll be considered a ‘safe’ punter and put under consideration to have your staking limits increased by 20 or 50 per cent.

Consider opening your account at a busy time – like the Grand National

Therefore one approach is to open your account and making your first wagers at a busy time for the firm – the afternoon of the opening day at Aintree or Cheltenham will guarantee your first few bets will sneak through unnoticed. Together with a sign-up offer, a few doubles or trebles on horses close to best price will fit in with the profile of a typical punter, all while giving an expected return of close to 100 per cent of your outlay. The forthcoming Aintree meeting culminating with the Grand National is as good a time as ever to do this.

Bookies don’t like serial bonus (ab)users but they’re generally happy to oblige customers who they feel will be long-term losers, so free bets can generally be incorporated into the ‘churn’ of a new account, lowering the cost of getting the account into respectable shape.

After a few neutral bets on high-profile races or football games, consider a couple of spins of the roulette wheel or engage the ‘cash out’ feature. Most shrewd punters will run a mile from these gimmicks, which take margin from you at both ends of the bet, but that’s the point – these are the kind of customers they’re looking for.

Likewise, in-play football and tennis betting, where the odds are generated automatically and at high margins, are good markets to throw a bookie off the scent, as are ‘virtual’ markets, which have a casino-style house edge built in.

Unfortunately, this strategy will almost inevitably entail losing money for the first few bets but smart punters have to consider the long game – with the bigger picture in mind this should be considered a sacrifice worth taking.

Long-term value of a bookie account that goes under the radar

You might lose a few quid this way, yet have the long-term value of a bookie account that goes under the radar. That can be priceless.

Only once your account reflects the behaviour of a casual punter should you try to draw attention to it by striking bets that will get you noticed by those monitoring the bet streams. ‘Mug’ bets on any sport but particularly football accumulators or side markets at below top price should be considered alongside your ‘shrewd bets’.

If an account marker likes what he sees, he might deem your account ‘safe’, increase your staking limits and hopefully enable you to fly under the radar if you manage your account carefully. This involves generally avoiding hitting maximum stakes (75% or less of the limit is a good guide – anything higher will attract the attention of the liabilities department) and steering clear of niche sports and small, illiquid markets which could attract the attention of compilers as well as liability managers.

Remember, you’re trying to strike a balance between persuading a trained operative that you’ll be a consistent loser in future, without losing too much money while doing so. It’s not easy but it can be relatively cheap if you stick to big prices (which should in reality be far bigger) which will have lower maximum stake limits and therefore trigger the bookie’s monitoring systems without having to risk a lot of money.

If this approach is successful and your account has been deemed ‘safe’, it will be monitored more loosely, allowing bigger stakes and hopefully increasing its lifespan. Care still needs to be taken of course, but if your limits are raised and your bet doesn’t automatically pop up on a liability manager’s screen, that’s half the battle won.

4 key points to consider…

So in summary, the main advice would be:

  • Avoid drawing attention to your account in the first few days; bet like they want you to bet for your first couple of dozen or so wagers.
  • Use the firm’s gaming app a few times and cash out a few bets; play in-running sports markets and the occasional virtual race.
  • Once you’re happy your account history looks like that of a losing punter or chancer, bet to get noticed, ideally avoiding busy times so they can get a good look at your apparent ineptitude.
  • This means hitting maximum stakes on poor value bets (ideally at big prices, to limit losses), which will appear on the liability screens, meaning your account will be examined.

If the employee monitoring the liability screens likes what he sees and is in a good mood, he may loosen the restrictions on your account and help your account stay under the radar, increasing its lifespan.

Whatever you do – good luck with your betting and keeping your bookmaker accounts open as long as possible. It can be done with the right approach.

More advice at hand…

My thanks go to our ‘bookie insider’ for taking the time to pen the above article and share his insight with us all. Thousands of new punters open up accounts to bet on the Grand National (which takes place on the 14th April this year), so its a great time to consider trying to hide in plain sight.

Whilst restrictions of bookmaker accounts are a real problem, there are always things we as punters can do to circumnavigate them such as:

  • Not always taking the absolute best price on a bet
  • Never taking a price with a bookmaker which is shorter on a betting exchange (they will accuse you of arbing)
  • Being sensitive to which markets and when betting on them might flag your account (for example – taking early prices for all non-major horse racing markets is a big no-no)
  • Avoiding specific niche markets
  • Spreading your stakes and winnings around the bookmaker accounts you maintain.

There is further, detailed advice on all of the above and more in the special Restrictions & Closures only section of the SBC website (SBC membership required) for those of you keen to learn more.

Plus – Advice on the best Exchange-only Tipsters

One of the absolute best ways to avoid all issues of restrictions is to simply bet on Betting Exchanges only. There are more valid exchange options available these days with Smarkets, Betdaq & Matchbook all offering lower commission rates and challenging Betfair’s long held dominance so its a growing area. None of whom will ever restrict or close your account for being successful.

For those of you keen to find out more on the Exchange based tipsters we recommend, you can find a list of them available via the Exchange Betting members-only section of the SBC website.

Every single tipster review we publish these days explores the potential of following them via Betting Exchanges with more and more options coming out of the woodwork these days.

Some can be followed at Betfair SP, with others simply by placing your bets in live racing or sports markets and getting great value prices.

So, even if you have had your bookmaker accounts closed off, there are still several very genuine and realistic options out there for you!

You can read all of our expert content on avoiding restrictions and the best tipsters for betting exchanges with a Smart Betting Club membership.


Save £45 Right Now & 90 Day Money Back Guarantee

By joining the Smart Betting Club today, you can also save up to £45 on the cost of a membership as we have slashed our prices for 2018.

You can also enjoy a 90 day anytime money-back-guarantee, so you can try our service out for size and if you find it not to your liking (something we feel is highly unlikely) then claim a full refund.

We know we can make a difference to your punting – so why not sign-up right away and get started immediately.

Best Regards,

Peter Ling
Smart Betting Club Editor
pete@smartbettingclub.com

Matchbook Exchange: Interview & Review – Better Than Betfair?

It promises to be a fantastic few days for betting with a full set of football fixtures, the York Ebor festival and the Mayweather – McGregor fight coming up this weekend.

And if you are having a bet on football, racing or boxing this weekend, then I want to explain why you need to consider placing them on the betting exchange, Matchbook with an exclusive extract from our recent interview and feature on them.

Matchbook offer great value odds on many sports, which alongside their low commission rate (significantly better than their main rival Betfair) is why more and more shrewd punters are placing bets with them.

After all, the simple act of taking the best odds on your bets can make a MASSIVE DIFFERENCE to the profits you make betting.

Matchbook were one of the 4 best places to bet we featured in our recent Exchange & Broker Guide and to showcase how this guide can help you, today I want to share an extract from it – including our review and interview with them.

Read on for full details of just why you should bet with Matchbook!

Plus – Get The Best Odds On Mayweather vs McGregor

Alongside offering the best odds on all the main markets for the fight, Matchbook are also offering a 1% bonus for every round that is started on the night. If the fight goes all 12 rounds – you will get a 12% bonus on any winning bets placed with them!

Mayweather Offer

SBC Exchange & Bet Broker Guide Extract: Matchbook

In Brief: The Matchbook exchange is another must-have account for any punter seriously betting on sports such as horse racing, football, tennis & the US markets. Offers low commission rates, excellent liquidity and a genuine alternative for punters unable to hold accounts with the likes of Pinnacle Sports.

Matchbook Welcome Offers: Open a Matchbook Account, and you can earn up to £500 cash back in your first 5 weeks based on the amount you bet. For every £5 you pay in Matchbook commission, you will receive up to £500 back within your first 5 weeks. This offer is available for new Matchbook customers up to the 27th of August.
 
SBC View: Matchbook offer extremely competitive odds and low commission rates for those of you betting on the likes of horse racing, football, tennis and all the major USA based sports.
 
If you haven’t got a Matchbook account yet and you bet on any of these sports, it’s imperative you open one and start to use them for your bet placement.
 
The Matchbook exchange operates in a similar way to that of Betfair and Smarkets, two of their main rivals and will be familiar to anyone who has bet on an exchange before.
 
Over the past year, Matchbook have continued to expand the markets and sports they offer with significant additions for football and tennis punters in-particular. The markets for both these sports plus all the major US offerings: NBA, NFL, MLB & NHL offer hugely competitive odds, often at similar odds you will see over in Asia. Compare the odds on offer from the likes of Pinnacle Sports with Matchbook and you will see they are very closely matched even after commission.
 
Horse Racing Now A Major Matchbook Market

Horse racing is also now a major market for Matchbook customers, which is all the more impressive considering it was only first introduced back in July 2016. They now offer competitive odds for both win and place betting in each UK and Ireland race at low commission rates, alongside a burgeoning international racing presence. Look out as well for their regular 0% commission offers for horse racing, which are well worth taking advantage of.
 
There is however, one fundamental difference between Matchbook and the likes of Smarkets and Betfair that it is wise to be aware of.  Whereas Betfair only charge commission on winnings, Matchbook take a (smaller) commission on all bets, regardless of whether the bet wins or loses.  This is because Matchbook operates a “per transaction revenue model”, identical to many financial exchanges. 
 
Depending on the amount you trade and your location, this commission rate will vary with the base rate starting at 1.5% and rising to 1.75% if located in the UK or Ireland. Your activity levels on Matchbook will determine if you may also be charged a withdrawal fee. Do read our interview that follows for more detail on all of this.

Odds Comparison Websites & Insight Section
 
Handily, Matchbook also features on two of the most popular odds comparison websites – Oddsportal and Oddschecker, allowing you to compare their odds (with the option to add in your commission rate on Oddsportal to get the true odds) across several major sports.
 
We have also been impressed by the Insight section of the Matchbook website now available, which features tips, advice and education on how to bet. Whether it be guidance on the type of bettor you are, the best betting films or interviews with experts like Neil Channing, there is plenty here to sink your teeth into. Make sure you also check out the regular Matchbook podcast.

Open a Matchbook Account

Positives: Large number of markets/sports available. Horse racing markets now offering very competitive odds. Similarly strong odds on tennis, football & US sports. Low commission rate on winning bets. Excellent ‘insight’ section full of advice for aspiring gamblers. Included on Oddschecker and Oddsportal.

Negatives: Commission charge on stake of losing bets and different rates per country. Some customers need to pay a withdrawal fee. No in-play for horse racing yet.

Recommended For: All punters – another must-have account.

Our Interview With Matchbook

To understand more about the Matchbook service, they were also good enough to answer a series of our questions in this exclusive interview….

SBC: For those unfamiliar with Matchbook, can you explain in general a little bit about your exchange and what it offers punters?

Matchbook: Matchbook is a sports betting exchange community. We’re in the business of providing the best prices, the deepest liquidity, and the most advanced technology in the industry to our customers. This provides an alternative to the wide margins and hidden costs that come with some of the other companies in the industry.

What are the advantages of betting through Matchbook, especially in comparison to other exchanges and bookies?

Being a betting exchange, Matchbook provides numerous benefits that you won’t find at a traditional sportsbook. We will never limit winning bettors, no matter how hot your winning streak is! And because you’re not betting “against the shop” like you would with a traditional sportsbook, we actively encourage winning bettors with in-depth analysis and betting trends from some of the industry’s brightest minds at Matchbook Insights.

Our cutting-edge technology and innovation allows us to provide our customers with the best prices and value, which can be evidently seen when looking at any odds comparison sites. Our best-in-class platform ensures users can have the ultimate online gaming experience while continually growing our community and liquidity pool.

What are the most popular betting markets and sports on offer at Matchbook?

Traditionally Soccer has been our most popular sport on Matchbook with games in the big 5 leagues regularly reaching over $1m in liquidity. However, since the launch of Horse Racing in 2016, it has become our most popular sport offering and we expect this trend to continue as we expand the Horse Racing offering (South African Racing has just been added). We continue to be a very popular betting platform for US Sports with MLB, NBA, NFL and NHL offering deep liquidity and the best odds in the business

Are there any new sports, markets or innovations that Matchbook have introduced over the past year to be aware of?

In the last 12 months we have moved our Tennis and Soccer offering to the BetGenius platform. This has allowed us to offer more markets for both pre-game and in play. It has also allowed us to massively increase our live offerings in these sports. For Tennis we now offer Doubles and Challenger games dead-ball and in play as well as every ATP and WTA event. In Soccer we now offer a huge amount of live games from around the word every day.

We also launched the insights section recently which is a very useful tool designed to educate customers on how to be successful on a betting exchange. In addition to this we also produce a weekly podcast featuring experts in the betting world which has proved a huge hit for our followers.

The key for any betting exchange is the amount of money traded on it  – AKA the ‘liquidity’. Specifically, on football, how has the liquidity grown over the past 12 months both in pre-game and in-play markets?

Liquidity has increased overall for Matchbook in soccer due to an increase in client base, increase in market makers and an overall increase in market offering for soccer. The average amount of markets per game for soccer has increased from 6.86 in Q2 2016 to 11.7 for Q2 in 2017. This is expected to increase massively again in Q3 with a projected minimum of 25 handicap and total lines on offer for the major leagues. The increased offering and options has facilitated extra liquidity on site by attracting more customers and market makers.

One of the most popular markets on Matchbook for football fans are Asian Handicaps, especially for UK punters unable to bet with Asian bookmakers. How do your Asian Handicap odds compare to the large Asian bookies?

Matchbook’s set-up is very similar to Asian books in that we offer half-ball, whole-ball and quarter-ball (popular in Asia) type markets. Matchbook’s odds on soccer has been consistently strong over the last few years and we were best priced for soccer in 2015 as per oddschecker.com

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Briefly touching on other sports – in 2016 you launched Horse Racing on the Matchbook platform. How has the liquidity grown there and what markets do you offer?

As well as the typical Win market, we offer Place markets on all races. We also offer ante post betting, top jockey & top trainer markets for the bigger festivals. As for liquidity we are always growing as we constantly offer industry best prices in our markets. As mentioned already we recently launched South African racing and we will be expanding our international offering even more in the near future.

Do you have any plans to introduce in-play betting for Horse Racing on Matchbook?

We have trialed in play betting on Horse Racing a few times so far, and it will be eventually offered consistently once our in house technology is implemented fully. It is hoped once this is in place it will take our Horse Racing offering to another level!

Can you explain the commission fees for using Matchbook and how they work?

Because Matchbook is a betting exchange, we offer our users the chance to bet against each other while in a traditional sportsbook you would be betting against the shop. As a result, Matchbook provides the platform on which users can place these bets and takes a small commission fee when doing so. Our current commissions fees are: 1.5% for Matched bets and 0.75% for Posted Offers. You can find out more about commission here

How do the commission rates and fees change for UK and Ireland customers and why?

Since 2015 laws in both Britain and Ireland require Matchbook to pay an additional 15% tax on all betting exchange commission payments received from its customers to the respective governments. This is generally called the Point of Consumption Tax. Because of this, Matchbook has to factor in the POC tax into our commission rate for customers from the UK and Ireland. This works out at 1.75% for Matched Bets and 0.80% for Posted Offers.

I understand that for most customers, withdrawing money from your Matchbook account is free, yet for some users, there is a fee. Can you explain what this and how this all works?

Each Matchbook account has a payment rating attached. Once this rating is 1.1 or greater, than withdrawals from that account are free. Matchbook prides itself on having the lowest commission rate in the industry, and in order to do that we must keep our processing costs to a minimum. Sometimes a Customer’s funding activity will actually cost Matchbook more than betting activity generates. To ensure we keep our commission rates low for everyone, Customers falling into this category are charged a small fee of 2% to cover processing costs based on a payment rating calculated for each Matchbook account.

To make sure the charge is fair and consistent, all relevant funding, play and fee details are taken into account to calculate the payment rating.

Get The Lowdown On The BEST Places To Bet

So there you have it – revealing insight into just 1 of the 4 firms as recommended in SBC’s Exchange & Bet Broker Guide and the difference they can make to your take home profits.

If you are keen on learning more about Matchbook and the 3 other firms included within this guide, make sure you grab a copy of it right away.

As soon as you join the Smart Betting Club, you can download your very own copy and start placing your bets where the professionals do.

Best of all if joining right now, you can also save up to a whopping £38 on the usual cost of an SBC membership.

This is because we have slashed the price of joining to ensure as many people as possible have access to our reports, magazines and guides.

We know we can make a difference to your punting – so why not sign-up right away and get started immediately. (There is a 90-day money back guarantee available after all!)

<< JOIN THE Smart Betting Club TODAY >>

Best Regards,

Peter Ling
Smart Betting Club Editor


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Smarkets Exchange: Interview & Review – Why They Offer Punters Better Value

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Wednesday saw the release of our special ‘Exchange & Bet Broker Guide‘ – dedicated to exploring 4 of the best places for you to bet and get the best value odds.

After all, the simple act of putting your bets on with the right exchange, broker or bookmaker can make a MASSIVE DIFFERENCE to the profits you make betting.

So to showcase exactly how this guide can help you choose the right place to bet, today you can read our interview and feature on the betting exchange: Smarkets

Smarkets offer a low 2% commission rate (much better than the 5% base rate from their main rival Betfair) alongside great odds on several sports and markets. Its just one example of how betting away from the main bookie suspects can make your money go further!

You can pick up your copy of the Exchange & Bet Broker Guide the instant you join us at the Smart Betting Club.

Not Just For Football Punters! Although this guide has been timed to coincide with the start of the new football season, the firms examined inside also offer great value odds on several other sports including horse racing, golf, tennis, cricket, politics, NBA, NFL, MLB & NHL

SBC Exchange & Bet Broker Guide Extract: Smarkets

In Brief: Smarkets is a highly recommended betting exchange and a must-have account for all serious punters, especially those active on horse racing and football. The low 2% commission rate, coupled with improved website access both via desktop and mobile has seen a huge increase in betting volume.

Smarkets Welcome Offers: Open a Smarkets Account, deposit a minimum of £20 and you will receive a £10 free welcome bonus.

Refer a friend £10 bonus: Smarkets have also just introduced a refer a friend scheme, whereby you can get a £10 bonus for each friend that uses a referral code on sign-up. Full details supplied when you open a Smarkets account.

SBC View: The Smarkets Betting Exchange continues to go from strength to strength with significant inroads in terms of market share and volumes of money traded over the past 12 months. They have quickly established themselves as a major competitor to the likes of Betfair, primarily through their outstandingly low 2% commission rate.

For even the smallest punter, the appeal of paying a simple 2% commission compared to Betfair’s starting 5% rate can make a major difference over time. Coupled with Betfair’s site stability issues and premium rate charge for larger punters, it’s easy to see why Smarkets has grown so fast.

Smarkets is an exchange the SBC team have been using extensively over the past 12 months across various sports, including for horse racing. Those of you reading our review of the *** ******** service in Part 2 of our 2017 Best Tipster Guide will have observed how closely we matched their advised prices, simply by taking the best prices on Smarkets.

The introduction of asian handicap football lines has also improved their offer – essentially mirroring many of the markets punters in the UK can no longer obtain through the likes of Pinnacle Sports. The in-play markets for both football and racing have also seen increased volume and usage, marking them out as further options for shrewd punters.

Away from football & racing, Smarkets also offer markets on all other major sports and events including but not limited to: tennis, American football, baseball, basketball, cricket, golf, rugby league & politics. You can also bet in-play on many of these markets.

We also like the fact they take betting seriously and don’t offer the usual casino, bingo or poker games that so many other bookmakers and exchanges also offer.

All told, we are fans of Smarkets and can recommend them as an exchange account to have not just for racing and football but all forms of betting.

Positives: Genuine alternative for punters looking for a high volume, low commission alternative to Betfair or bookmakers who restrict. Ideal for horse racing and football betting. Stable easy to use website. Strong liquidity on several other sports & markets. Improved website design and mobile betting options.

Negatives: Non-runners void any bets yet to be matched – can be a major annoyance for horse racing punters requesting odds.  Asian Handicap lines need expanding further. Odds not included in comparison tables at Oddsportal.com or Oddschecker.com

Recommended For: All types of punter – a very useful exchange account!

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Our Interview With Smarkets

To understand more about Smarkets, they were also good enough to answer a series of our questions in this exclusive interview….

SBC: For those unfamiliar, can you explain a little bit about the Smarkets Exchange and what it offers football punters specifically?

Smarkets: Smarkets is a betting exchange with a primary focus on price and technology, not entertainment and gambling. You won’t find casinos, poker or slots on Smarkets, just a sleek exchange that provides fair prices on sports, politics and current affairs.

Football is one of our most popular sports and we offer a host of markets on leagues and tournaments across the world.

What are the advantages of betting on football through Smarkets as opposed to using other betting exchanges or bookies?

With a commission rate of just 2% on net market profits, Smarkets often has the best odds in the world across its markets. Exchanges naturally provide better odds than bookmakers because there is no margin built into the odds and with Smarkets, you get the simplest and fairest commission rate of all.

Do you have any stats on how your lower commission rates and better odds can help punters betting on football? 

Whether you’re picking your value bet pre-match or trading an outright market live in the middle of the season, our low commission rates mean that your return will be better on Smarkets.

We did some research ahead of last season’s FA Cup final and it showed that a winning £10 bet on all FA Cup games in 2017 would have returned you as much as 10% more, or £146, with Smarkets.

The key for any betting exchange is the volume of money traded on it – AKA the ‘liquidity’. Specifically on football, how has the liquidity grown over the past 12 months both in pre-game and in-play markets?

Our liquidity and trading volume is increasing across all markets and as football is one of the most popular sports, we often see seven-figure volumes in the biggest matches.

As we continue to improve our in-play offering with fast data, liquidity is also improving there.

Since we last spoke in August 2016, you have introduced Asian Handicap and Over/Under goals line markets for football. How have these new markets been received?

Increasing our market offering is one of the priorities we have at the moment, so adding things like Asian Handicaps and First Goalscorer markets are a way to improve the offering we provide for customers. We had a lot of great feedback when we added these new markets.

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You also now offer a trade-out facility for users to cash in bets both pre-game and in-play. Can you explain how this works?

It’s a quick way to exit your position on a certain bet. Say you’ve backed Chelsea to win at 2.0 and now they are down to 1.5 after scoring the first goal, you can lock in a profit by selling your position. You can also trade out to cut your losses if the market doesn’t go your way. More on this in our help centre article: https://help.smarkets.com/hc/en-gb/articles/214274825-Trade-out-button-on-Smarkets 

Are there any other new markets or innovations introduced over the past year to be aware of?

It’s been a big year of product innovation for Smarkets, with our new platform, first apps launching and other features like two-factor authentication for increased account security.

There’s plenty more exciting developments on the horizon, but we can’t reveal too much as that would be telling. Keep your eyes peeled!

Can you outline what you offer customers interested on betting in-play on football?

For top competitions, we provide lightning-fast in-play data and also our ‘Instant Match’ feature, where you don’t have to wait for an in-play delay for your bet to be matched. If no material event occurs in the ‘pending’ stage after your bet matched, then you will be matched at that price and not potentially frustrated if the market moves. More on this in our help centre article: https://help.smarkets.com/hc/en-gb/articles/212106249-Instant-Match 

You have been working hard on the Smarkets mobile website and app in recent times. Can you outline what features are available to users betting via a mobile phone or tablet?

The release of our first apps was a big thing for us and we are keen to keep improving them. Our mobile site and apps offer full exchange functionality and you can use features like keep bets in-play or trade out on your device.

Finally, what kind of offers do you have for new customers keen to sign up?

There is a special £10 welcome offer for all new accounts. Simply sign-up, deposit a minimum of £20 and you will receive a free £10 welcome bonus. You can also earn an extra £10 by referring your friends to Smarkets. Full details and terms for each offer can be found on the Smarkets website.

Get The Full Lowdown On The BEST Places To Bet

So there you have it – revealing insight into just 1 of the 4 firms as recommended in SBC’s Exchange & Bet Broker Guide and the difference they can make to your take home profits.

If you are keen on learning more about Smarkets and the 3 other firms included within this guide, make sure you grab a copy of it right away.

As soon as you join the Smart Betting Club, you can download your very own copy and start placing your bets where the professionals do.

Best of all if joining right now, you can also save up to a whopping £38 on the usual cost of an SBC membership.

This is because we have slashed the price of joining to ensure as many people as possible have access to our reports, magazines and guides.

We know we can make a difference to your punting – so why not sign-up right away and get started immediately. (There is a 90-day money back guarantee available after all!)

Best Regards,

Peter Ling
Smart Betting Club Editor


pete

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Betting Exchange & Bet Broker Guide: The Best Places To Bet

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Discover the best places to bet this coming football season with SBC’s brand new ‘Betting Exchange & Bet Broker Guide’ – available now for instant download!

IN FACT – whether you bet on football or other sports like horse racing, golf, tennis, cricket and any major US sports like NBA, NFL – this guide will help show you the best firms to bet with.

Tackling 4 of the best firms we have found and examined ourselves – the guide avoids all the usual bookies you already know about and focuses on the lesser-known firms that the professionals use. You can also read our exclusive interviews with each firm on what they offer.

They might not be household names or have a bookie shop open in every town, but what they do offer you is the chance to get better value odds on your bets.

Combined with much lower commission rates if using the exchanges we recommend, it all adds up to more profit when you win!

Sign-up now to gain instant access (and the entire SBC back catalogue) or read on for more…

The SBC Betting Exchange & Bet Broker Guide

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Also – Grab Parts 1, 2 & 3 Of Our New Football Season Compendium
(PLUS Part 5 When Released Shortly!)

Alongside instant access to the Exchange & Bet Broker Guide (Part 4), you can also access Parts 1, 2 & 3 of our 2017/18 Essential Football Compendium the instant you join the Smart Betting Club.

Part 1 is our Sports Tipster Report which features updates on 24 of the best sports betting experts we continually monitor. Including details on the new Hall of Fame Tennis tipster hitting a 10.5% ROI from 1480 tips AND the Baseball expert averaging 133% betting bank growth each year.

Part 2 is our 17/18 Football Tipster Guide, which features our take on 12 of the very best football tipsters we monitor with updated ratings, rankings and recommendations for the new season. You can also read detailed interviews with several of the expert tipsters included on their strategies for the coming season and how best to maximise their advice.

Part 3 is our in-depth review of The Football Guru service from the Betting Gods tipster network. We examine the pre-match and in-play tips from this popular expert to gauge exactly how their performance stacks up.

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Join SBC Risk-Free Now (90 Day Money Back Guarantee)

You can also now join the Smart Betting Club with the full peace of mind provided by our full 90-day make money guarantee.

Sign-up for either a Gold or Platinum membership and if you don’t like what you see, you can get your money back at any time during your first 90 days as a member.

No questions asked!

If you sign-up and don’t like what we offer for any reason, email us and we will process a full refund. It’s that simple.

Best of all if joining the Smart Betting Club today you can also save up to a whopping £38 on the usual cost of membership.

This is because we have slashed the price of joining to ensure as many people as possible have access to our reports, magazines and guides.

We know we can make a difference to your punting – so why not sign-up right away and get started immediately.

See you on the inside.

Best Regards,

Peter Ling
Smart Betting Club Editor

pete

Restricted By The Bookies? 10 Expert Betting Exchange Tips (Part 2)

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Today, I am continuing with Part 2 of my guide to using the betting exchanges to maximise your racing profits

If you missed Part 1 on this subject, you can read my first 5 betting exchange tips here

OK, back to business with Tips 6 through to 10…

6) Don’t Bet If The Value Has Gone

Although it’s down as point 6, in actual fact it is one of the most fundamentally important points to consider when betting full stop: VALUE.

All successful punting is based on the concept of value betting – the fact that the odds for any particular bet are priced in your favour. The odds you take on a bet really matter.

If you can get 5/1 on a horse that should be 4/1, then you have a strong value bet.

Yet if the same tipped up horse at 4/1 is only available at 3/1 – the opposite applies.

If you constantly are taking too short a price on a horse, you will lose money.

Which is why it’s important to ONLY bet if the value is still there.

Many good tipsters recognise this and put up their minimum value odds to make you aware of where the value cut-off point actually lies.

They recognise that a tip might see market support and if it does, you know where to draw the line.

If restricted to exchange betting, look out for this and stick to the minimum value thresholds – they are there for a reason and they will guide you as to the prices to take.

And whatever you do – never feel obliged to place a bet regardless the price. The next value bet will be along before you know it. Feeling you NEED to have a bet for the sake of it is not healthy for you or your bank balance!

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7) Recognise You Will Win Some, Lose Some

Mindful of the need to take a value price, if exchange betting you must accept that sometimes you will miss out on a bet if the odds are too low.

Yet on the flipside, you might also get BETTER odds on other bets when the odds drift.

Whilst on occasions, you might miss out on a winning bet because you can’t get the right odds, on other occasions you will enjoy a bigger payout through this strategy.

If and when this happens, remember the logic behind it all and try to be as phlegmatic as possible.

All gamblers HATE missing out on winning bets, especially if they feel they should have been on it, yet they very rarely remember the times they missed out on a bet that lost.

My suggestion here is to consider keeping a record of each occasion you miss out on a bet (both winners and losers) or get a greater value price than you might have originally. Through this, you can track the ups and downs and see at a glance exactly how you have fared overall.

I Like That SBC Is Independent”…

I like that the SBC is independent. I know that when they recommend a tipster, or upgrade or downgrade an existing rating, that their opinion is based on results and judgement, not on hidden commissions.”    
As written by ‘K’ – SBC member

Click here to read more from K on his SBC membership experience

8) Don’t Worry About Drifters

Flowing on from this last point – don’t also get too bogged down by the idea that a ‘drifter’ (a horse whose odds get bigger as the race draws nearer) is no longer worth backing.

Racing pundits like to bang on about horses being weak or friendless in a market, yet the reality is they have no idea if this market move is significant or not.  They are often just filling airtime.

If market support was so telling – everyone would simply lump on a horse at the first sign of it being backed in.

Unless there is clear evidence a horse has something wrong with it before a race, don’t be unperturbed by backing a ‘drifting’ bet.

Look at it instead as a chance to get better value. If you can get 10/1 about a tip advised as value at 6/1 earlier in the day – take it!

After all, unless the horse in question has a major problem – if a tipster you trust said that 6/1 is a value price, then 10/1 will represent a massive increase.

 

9) Can’t Get Matched Straight Away? Put In A Request

If you can’t get on a bet earlier in the day at a value price, you might also like to consider putting in a request to get matched on the exchanges later on that day.

There are two ways you can do this – requesting a price pre-race and also in-play.

Pre-race betting is easy – you set the odds you want to take and put the request into the market to hopefully be matched. If come the start of the race it isn’t matched, the bet is cancelled.

Putting a bet in the in-play market is different as it ensures the bet will also remain available throughout the race as it takes place.

When doing this, it’s important to be aware that you will ALWAYS be matched in-play on any bet that loses the race BUT there is no guarantee you will be matched on a winner.

Therefore, you do have to approach in-play betting with caution and it is best when used in conjunction with watching a race live and an understanding of racing in general.

You also might only want to leave a bet to be matched in-play, when the odds pre-race are very close to those you wish to take OR perhaps risking only half stakes.

Equally if you have a good knowledge of racing, you might want to make judgements based on the competitiveness of each race, the merits of each horse (does it prefer setting the pace or being a backmarker) and the distance run.

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10) Don’t Limit Yourself To Just Betfair

When most punters think of betting exchanges, they immediately think of Betfair, which is only natural as they were the original and now biggest exchange.

These days, Betfair do standout for another reason – they charge a higher commission rate then many of their rivals.

Betfair’s base rate starts at 5% commission on all bets – a sum that does decrease but only once you place a significant number of bets with them.

Instead I recommend you open and use accounts with 2 exchange rivals: Smarkets & Matchbook – both of whom charge much lower commission rates. Smarkets for example charge a flat 2% commission on all bets.

This 3% difference might not sound like a lot but it really does all up over time.

Another alternative option is also Betdaq, although their commission rate also starts at 5%.

My suggestion therefore when exchange betting is to try and place your bet with either Smarkets or Matchbook first.

Usually you will be able to obtain identical odds to those on Betfair, yet you lose less in your winnings to commission.

MAKE MONEY BETTING WITH TIPSTERS

I do hope over the course of this 2-part guide I have helped provide some answers to questions you might have about betting on the exchanges.

If you are looking for further assistance with your racing betting (or just betting in general) then you might like to consider a Smart Betting Club membership.

We track hundreds of tipsters each day in order to independently report back on the best experts that can realistically make money betting – whether on the exchanges or with the bookies.

So why not join up today and see how we can help you and your betting.


<< JOIN THE Smart Betting Club TODAY >>

See you on the inside.

Peter Ling
SBC Editor

“90-DAY 100% SATISFACTION MONEY BACK GUARANTEE”……

“I believe so strongly in SBC’s ability to help your betting, you can subscribe with a 100% cast-iron 90-day money back guarantee”.
SBC Editor – Peter Ling     Subscribe Now

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Restricted By The Bookies? 10 Expert Betting Exchange Tips (Part 1)

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It is common knowledge these days that if making money betting on horse racing, you will at some point encounter difficulty with either your stakes being restricted or even your bookmaker account being closed.

There are some exceptions to this rule such as the ‘winners welcome’ firm, Black Type and it’s fair to say that each bookmaker approaches it differently (as outlined in our ‘Getting On’ Report last September).

Yet for many punters, one of the most popular places to bet without issue are the betting exchanges.

Which is why I have put together this 2-part guide, featuring 10 betting exchange tips for following racing tipsters.

 

1) Understand When The Money Hits Racing Exchange Markets

As an exchange-only racing punter, it’s important to understand that the vast majority of money only starts to flow into most racing markets approximately 10 to 15 minutes before the off.

(I say most as there are some obvious exceptions such as at Cheltenham or other big race meetings, which will see larger sums traded earlier)

To showcase this, compare the amount of money traded on Betfair for each of these 5 races that took place on Monday the 27th March 2017.

I simply noted down the amount of money traded at 3 time points: 21 minutes, 11 minutes and 1 minute before the off for each of the 5 races.

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Without exception, the most trading took place in the 11 minutes before each race started.

Take the 4.30pm race as one example – at 4.19pm, there was £60,925 traded yet come 4.29pm, this was £495,057.

Within 10 minutes an extra £434,132 had been traded – 87% of the entire market!

The knock-on effect of this is two-fold.

Firstly, its knowing that the majority of trading takes place and when your exchange bet is most likely to be matched.

Secondly, its understanding that prior to the final 10 minutes, it is harder to get your racing bet accepted, especially if it’s based on advice coming from a popular tipster.

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2) Avoid Tipsters That Advise Bets Early

Just as the final 10 minutes leading up to race time sees most of the action on the exchanges, the very early stages of a racing market see very little activity indeed.

All of which makes understanding how far in advance a tipster puts up a bet crucial, because as a general rule – the earlier a tip is put up, the harder it is to get the advised price (and vice versa)

Tipsters who advise tips the evening before racing, often provide you with next to no chance of following if restricted to using the exchanges only.

To give an example, I currently proof one racing tipster that puts up bets around 6pm the evening before racing.

As I write this article I noted they had just put forward a tip at 6/1 for a race at 3.20pm the following day. Immediately jumping to the Betfair market for this race, I found that just £492 had been matched across all 10 runners in this race at that point.

The advised 6/1 price was now as short as 5.1 (4/1) on the exchange so already the value had to a large part disappeared. Obviously a few punters following this tipster had gobbled up what little money there was to be had at 6/1.

It’s a scenario I have seen unfold countless times with this tipster (and it’s the main reason we have not recommended them to SBC members) and they are patently unsuitable to an exchange-only punter.

Yet they are not alone in tipping up so early in advance of a race – so be very careful to avoid such tipsters if limited to exchanges only.

I have made around 20k per year extra”…

I used to work as trader for Paddypower and Sportsbet so i have an obvious interest in betting. [Using Tipsters] I have made around 20k per year extra.”    
As written by Justin – An SBC member since December 2013

Click here to read more from Justin on his SBC membership experience

3) Focus On Tipsters Where The Odds Hold Up

The next point is an obvious one – if using exchanges, don’t follow tipsters where the advised odds are going to get smashed in.

Take for example a free tipster like Hugh Taylor. As soon as he puts up a tip, hundreds of people rush to bet on it and in turn the bookies slash the odds due to the huge volume of money coming in.

Yet, despite this, Hugh still settles his bets at the original advised price he quotes, which only a very small number of punters will have realistically obtained.

In this scenario, there is next to no chance you will get matched on his tips at this price via the exchanges UNLESS the price bounces back. And given how much his odds move downwards, this is highly unlikely to happen too often.

This is why here at SBC we rate all tipsters by ‘odds availability’ and track how their odds move compared to the results they settle to. It helps to identify tipsters you can use on the exchanges.

Take the odds tracking we performed on one tipster first reviewed in November 2016. We tracked over 100 tips and how their advised prices moved immediately and after 15 and 60 minutes had elapsed.

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As the table indicates – the average odds available after 0, 15 and 60 minutes were better than those the tipster was quoting!

Why exactly was this? Well, it went down to the simple fact this tipster was only quoting a price if AT LEAST 3 proper bookmakers were offering it and wasn’t putting the tips up until around midday.

Effectively, you could improve on the quoted odds and ultimately this is exactly the type of tipster you can follow on the exchanges.

4) Consider Betfair SP Tipsters

One of the simplest angles to make a profit on the exchanges is by following tipsters that make a profit at Betfair SP (after commission of course!).

They offer the easiest, most simple approach as once a tip comes in – you simply place the bet, stick in your stake at Betfair and walk away.

Although the number of profitable Betfair SP tipsters is growing, it’s still a fairly small pool to choose from currently.

Alongside All Weather Profits (read all about them and their £1 30 day trial here) I have recently been investigating another racing tipster with a tremendous track-record at Betfair SP.

Over the course of 1092 bets – at simple 1 point level stakes, they have made a 167.3 point profit at 15.3% ROI. This is after 5% Betfair SP commission has been deducted.

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Providing one simple angle for those of you after a simple exchange tipster for you follow.

5) YET…If You Can, Don’t Always Take Betfair SP!

Whilst the Betfair SP angle does work and is good for those of you short of time – you can often get better prices simply by taking a bet on the exchanges closer to the off rather than just Betfair SP – especially when it comes to a popular tipster.

This is because the more people that bet on a horse at Betfair SP, the greater the chance that the final Betfair SP odds will be shorter than they should be. Betfair SP effectively cannabilises itself.

Therefore, if following a ‘Betfair SP’ tipster, my suggestion for optimal profits is to consider placing a bet in the traditional exchange market before the race starts.

This might require you logging onto the exchange in the 15 minutes before the race and simply taking the best price available at this time.

By doing this, you can often get a better edge than simply taking Betfair SP.

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MAKE MONEY WITH TIPSTERS

That’s my first 5 tips done and dusted and I will be back in a few days with 5 more pointers on how to use the exchanges if following tipsters.

In the interim, if you are interested in discovering more on the best tipsters for use on both betting exchanges and with bookmakers, then the Smart Betting Club is here to help you.

Our uniquely detailed reviews, ratings and recommendations will showcase to you the best tipsters across a whole variety of categories including:

  • The Best Horse Racing Tipsters
  • The Best Sports Tipsters
  • The Best Free Tipsters
  • The Best ‘Odds Availability’ Tipsters
  • The Best Betting Bank Growth Tipsters
  • & Much More Besides!

Making it as easy as possible for you to find the right tipsters for you to follow!

Best of all you can sign-up with the full peace of mind of our 90-day make money guarantee and benefit from our significantly reduced 2017 pricing.


<< JOIN THE Smart Betting Club TODAY >>

See you on the inside.

Peter Ling
SBC Editor

“90-DAY 100% SATISFACTION MONEY BACK GUARANTEE”……

“I believe so strongly in SBC’s ability to help your betting, you can subscribe with a 100% cast-iron 90-day money back guarantee”.
SBC Editor – Peter Ling     Subscribe Now

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