This article contains an independent review of Yobetit.com, based on a thorough analysis of available data, as well as the explanations given by Yobetit team.

Content

• 1. Introduction
• 2. Solid Company?
• 3. Business model
• 4. Analysis
• 5. Packages, monthly fee and additional cost
• 6. Summary
• 7. Recommendation
• 8. Bonuses
• 9. Launch date
• 10. LGA license (updated 1 Feb 2013)
• 11. How to start

1. Introduction

Some time ago, Yobetit.com has been brought to our attention.

They say they’re the first arbitrage bookmaker, focused exclusively on providing arbitrage opportunities.

This is something every single one of us – arbers, tired of betting $3.65, five dimes, or if you’re lucky, 200 EUR, has been waiting for. However, provided you’ve been in this world for more than a few years, you know that what sounds too good, probably is too good.

Hence, the idea has been met with a lot of skepticism from the community. Based in Panama, a tax jurisdiction, with a completely new business scheme and last but not least, selling some packages – these are usually red flags giving out the “no-go” signal.

Based on that information, many people, including us – The Surebet Monitor Team, regarded the company to not have a solid business model. However, it would’ve been a safe, but unfair course of action not to investigate their business in detail.

Owing to their very cooperative attitude (and acting as a deputies of the community), we’ve come to understand how they are able to make their money. Let us address most of your concerns, as well as clarify how they operate in this comprehensive review.

2. Solid Company?

First of all, we’re now convinced they’re a solid company.

Why? There are a couple of solid reasons.

The first one is the fact that they won’t start operation without a LGA license. Malta is one of the most solid regulators for bookmakers, and generally doesn’t make it easy to make off with the funds. Moreover LGA is not known for handing out licenses to everybody who is interested in getting one, they rather dig into details of the business model of the company and check whether it is profitable (since this will also bring profit and keep up the reputation of the LGA).

To make a long story short – getting a LGA license is difficult, and as Yobetit CEO stated, they will not launch their service without it – this certainly brings credibility to the bookmaker.

Another reason why we think they are solid is the quality, experience and the sheer amount of investment of the people behind Yobetit.

Some of them, like their CEO – Mr. Knut Emlen originate from a company called Fair Trading Technology, which is based in the UK. We also talked to their board member, Mr. Keith McDonnell, a former Managing Director at Bodog.

Also, according to the available sources (googlable and their statements during our conference calls), their capital seems to be on the order of millions of euros.

All in all, with the previous circumstantial evidence struck down, we can say that they are solid, so once they get this LGA license prior launch your funds should be secure there.

3. Business model

Yobetit will get the majority of the revenue from the margin. In addition to that, they will have a monthly fee of 150 EUR/month to get access to full version of the arbitrage features.

Let’s see an example of how it works:

Say there’s a NBA arb of 4.35% between Pinnacle and Bwin published just before start of the game:

Since it’s a late NBA line, Pinny is most likely right and hence it is Bwin that provides value for the players here. Based on this, Yobetit is most likely to deploy a -EV (the profitable one for THEM) line first, making the market look like this:

And will present the surebet Bwin – Yobetit of 1.82% to the players.

After a certain period, they’ll close the line.

Say players bet exactly 10 000 EUR on 2.80 odds at Yobetit. Since it was the -EV line, they now can open up the +EV line (PROFITABLE TO THE PLAYERS).

Bwin most likely corrected the line

And let the players bet Pinny – Yobetit at 1.32%.

They will stop taking bets when their accepted amount at 1.53 odds reaches 18.3k EUR and balances the market. This yields them the good old fashioned arb, just on the other side.

They take in 28.3k EUR grand total. If ML1 wins, they pay 1.53 * 18.3k = 28.0k EUR, and if ML2 wins, they pay 2.80 * 10k = 28.0k EUR. Either way, they take in the profit of 300 EUR and are content.

It is in fact very unlikely that the odds will move against them, hence they work pretty much the same way we do. This looks reasonable and will probably, in time, be able to generate nice revenue.

All the stakes are linear, so if they can take 100k EUR on 2.80, they’ll be able to make 3k off the game.

Also, the numbers are only an example to understand the general idea behind how they make their money.

4. Analysis

We’re all truly happy that Yobetit can make money, because it means that their business model is sustainable and safe. However, if I tell you to pay me 20 EUR a month for nothing, this also provides a valid moneymaking model.

However, for it to be actually realistic, I have to offer you a service for the 20 EUR, which you consider to be worth more than 20 EUR. Put in the other words, one should be given a service, which is worth its price.

Is this the case for Yobetit? Let’s analyze how arbers can benefit from playing at Yobetit.

There are two direct ways in which Yobetit provides value – the 45s hold, and the +EV odds they deploy on each bet.

The 45s hold has an optimal scenario, where it’s more than worth it to actually play the lower Yobetit line than to take the risk.

It is not a bet like the NBA Pinny – Bwin mentoined above, as any arber worth his salt will be able to take advantage of the bigger Pinny – Bwin arb with minimal cover change risk.

However, even a great and fast arber will consider using the Yobetit line for a following arb:

The market is some smallish Finnish basket game (no offense for fans of Finnish basket), and it contains the holy grail of arbitrage betting – a surebet between the greats. A SUSTAINABLE opportunity. No limiting risk.

However, such a great bounty (1.95%) carries a significant risk. It’s hard to determine which of the lines is overvalued, and both are not particularily stable due to small liquidity and might move in any direction (most likely, downwards). We would advise a bettor without high-tech support software to let go of the opportunity as it will likely bring him loss. However, here Yobetit can step in.

If they decide to publish the event, even in a form of two 0.5% surebets, that’s an excellent opportunity. You face no risk in such a situation, because it has been split into two bets with Yobetit: Pinny – Yobetit and SBO – Yobetit.

You can make an attempt on both bets, if the line in Pinny or SBO moves, so be it, you haven’t placed any bets. And if you manage to hit at least one, Yobetit will hold their line for you, so you can’t get out of it uncovered or with a negative hedge – so due to offloading the risk to Yobetit, you can either win nothing (if both lines elope you), or be ahead. The value of this proposition is high, because it doesn’t involve any limiting bookies and provides for sustainable betting.

The other way Yobetit provides value are the +EV hedge lines. While it wouldn’t be advisable for a sensible bettor to play the first NBA bet (Bwin – Yobetit 1.82%) in the above section, it is a great opportunity to wait for the Yobetit – Pinnacle 1.32% arb, and hit it as hard as you can – while taking advantage of the 45s hold for reduced risk.

Both mechanisms described above will make Yobetit a valuable addition for a mid-high budget arbitrageur. You will be able to use a light version of the bookmaker for free without premium features to check out the service and decide if it provides you enough value.

5. Packages, monthly fee and additional cost

Yobetit now offer a limited amount of three different Business Packages:

• White for 790 EUR
• Silver for 2 390 EUR and
• Black for 3 990 EUR

As Yobetit haven’t launched yet you now have the opportunity to buy a Yobetit Business Package, which include membership, education for how you can maximize your profit with Yobetits premium features and shares in Yobetit, which enable both yearly dividend and good exit potential.

The service will not be open to the public, you will need an Yobetit invite to be able and signup. There are a different number of invites included in each Package and all invites that you give out will qualify for the Affiliate Program, where you earn 10% of paid subscription fees each month. Therefore, we estimate these invites to be very popular when Yobetit launch in a couple of month.

If you however decide not to buy a Package and you get an Yobetit invite from someone else, you will be able to either use the service in full mode for 150 EUR per month, or try it out free without the premium features activated.

6. Summary

• Yobetit seems to be a solid, licensed Company loaded with reputable people and having a good business plan, which will enable them to make money
• Their business plan is interesting and innovative, thus creating an unique attempt at reviving the sports arbitrage market
• Their 45 odds hold WILL certainly attract a lot of arbers, securing their arbitrage opportunities
• They are going to create unique arbitrages against sharp bookies, thus attracting sharp arbers
• The usefulness of the Service is questionable for very small surebettors due to their monthly fees, however you will be able to use the service in free-mode without the premium features activated
• They face a challenge to bring in enough bettors to make their service useful. Efficient promotion and deeper understanding of their business model in the field can overcome this issue
• They have a potential of further rapid and innovative development due to the broad connections they have at the gambling field.
• Their packages content (shares) is extraordinary, however should in the end bring profit to the Customer

7. Recommendation

The Surebet Monitor Team recommends Yobetit.com as an unique bookmaker that will present exceptional arbitrage opportunities against the sharp bookies, thus having a great potential to revive the sports arbitrage market online

We would like to invite our Readers and Clients to invest their funds into this opportunity as we think that it is both good business decision (as they will have them back multiplied) as well as substantial contribution to support the field we are all the part of.

8. Bonuses

Surebet Monitor Team decided to introduce an exclusive promotion for the players who will accept our invites and join Yobetit.com by purchasing one of their packages.

Every Client who will purchase:

• Yobetit White Package will get a free monthly subscription of Surebet Monitor
• Yobetit Silver Package will get a free bimonthly subscription of Surebet Monitor
• Yobetit Black Package will get a free quarterly subscription of Surebet Monitor

Please consider the bonus offer above and this independent review (that took Us a few weeks, multiple conference calls with Yobetit representatives and a lot of discussion hours inside our Team to reliably formulate and write) as our contribution to the field of the sports arbitrage.

We hope it clarified a lot of your concers regarding Yobetit and will help you to make a decision whether to join their Service. Provided you have further questions, please raise them by writing an e-mail at support@surebetmonitor.com or via skype (login – BetSniper24 Team).

9. Launch date

The predicted Yobetit launch date is Tuesday 19th of February 2013.

Before that, starting from Tuesday, 18th of December 2012 Yobetit is going to start public final tests of their betting platform, that will be opened exclusively for these Clients, who purchased a Yobetit introducer package.

10. LGA license (updated 1 Feb 2013)

Yobetit is now listed as a service granted Maltese Class 2 license.

LGA – Licensed Operators: Class 2
 

For your information, Class 2 LGA license is defined as a remote betting licence (eg. – fixed-odds betting) whereby operators manage their own risk on events based on a matchbook.

The detailed information regarding the Company you might check here:

11. How to start

To secure your Package today, or start promoting Yobetit with its fair and honest commission program, please go to their website to learn more:

Go to Yo Betit Homepage

If you have any questions you reach us at support@surebetmonitor.com or feel free to contact Yobetit directly at support@yobetit.com.

The post Yobetit Review appeared first on Surebet Monitor - Sports Arbitrage Software, Alert Service, Arbitrage Betting.

Content

• 1. Introduction
• 2. Recent developments
• 3. Analysis
• 4. Recommendation

1. Introduction

Some time ago, Yobetit has been brought to our attention. They say they’re the first arbitrage bookmaker, focused exclusively on providing arbitrage opportunities. We have reviewed them in July 2012 based on the limited information available, and have given them the benefit of the doubt.

Let’s see how the project developed since then. This review is completely independent and unbiased – it’s just our view of the actions (or lack of them) since the last one.

2. Recent developments

First and foremost, Yobetit has failed to launch as promised. Also, the tests they’d promised to make available to the community before the launch have not taken place. We’ve been refused access to their platform for the purpose of this review, despite being promised so in July. As a positive development, they’ve recently gotten their Malta LGA license, which is necessary for further operation, and indirectly proves their budget to be reasonably high. They’ve also improved their affiliate panel and website. One of our web specialists points out to a quality design of their web pages which definitely involves some very qualified personnel. Based on the amount of work put into their websites and webinars, as well as a suboptimal revenue sharing scheme for a Ponzi construction, we uphold our previous opinion that Yobetit is not a pyramid and is going to launch.

There are two big questions. First of all, when are they likely to start taking bets? Their first launch date in December 2012 has already been postponed twice. The latest release date of 19 February has fallen through as well. We predict they’ll be up and running by July, better if sooner, however one should not expect it to happen.

The second is whether they’ll be able to attract and keep a customer base large enough to make it profitable for the company. Generally, the current look of their website caters to financial traders, and not veteran arbers, which we believe is a great thing. Arbitrageurs have their accounts limited to the lowest amounts permitted by bookie systems (probably would be negative if it were possible), while traders have been betting recreationally or not at all, and almost surely not sharp. Bare facts are that –EV player bets (such as someone’s second leg against Bwin/GB) are the lifeblood of Yobetit and will be necessary to keep the business going for both Yobetit and their sharper customers.

Regarding the webinars, they haven’t been very informative and generally of no value to the advanced bettor. They might’ve been informative to a complete newcomer to the field. The way the seminar speakers avoid giving any concrete information is second to none, and this lack of information policy has been pervasive among their whole communication with the community.

The promotion process so far has been extremely package driven with all longer webinars so far marketing the packages extensively. However, despite this rush to sell packages, we have had fully paid packages cancelled without a word of explanation, and further information from Yobetit’s side is pending.

The Arbusers community has done some quality research on the people and company behind Yobetit and has arrived at some interesting findings. We link to the thread for the sake of completeness, as someone highly interested in the service would do well to read the whole discussion.

Yobetit has also claimed to have been in touch with multiple bookmakers. As usual no useful, verifiable information has been provided. While we definitely applaud the effort, we we’d like to be sure that the cooperating bookies won’t be deposit-only ones.

3. Analysis

Generally speaking, we’re not much more knowledgeable now than we were in July regarding Yobetit.

They’ve failed in achieving some of their goals, while at the same demonstrating they’re serious about the business, leaving everyone involved with mixed feelings. We still believe that their operation is going to launch and continue hoping for its success, but to say that one can go in and start recommending it to everyone around without a shade of criticism is going way too far. The bookmaker is definitely an unique proposition, and therefore there’s little historical evidence of how it can or cannot work. Fast business model analysis points to influx of new, unlimited accounts as the limiting resource and whether Yobetit will succeed depends almost exclusively on this – our opinion is they’ll deliver the software in a quality way, even if it’s delayed. We also doubt anyone will be scammed in the process. Some high expectations will likely be faced with harsh reality. For more precise information about what we are talking about, as well as some comedic value, please see the aforementioned thread. Yobetit will have to make sure that their arbs are available to most if not all their customers equally, or at least according to the needs. A scenario in which few high volume, high skill bettors eat up all the value is definitely possible and requires reasonable limits or distribution algorithm, which makes the service less attractive for these highrollers. One can consider an available liquidity model based on strong initial liquidity influx (traders enter arbing by Yobetit) which will result in a growth period and possibly even further growth fuelled by people referring their friends – definitely aided by the semi-MLM structure of Yobetit’s marketing, and then a decline of liquidity due to these new arbers getting limited. How long this will take is anyone’s guess. Of course, it might be that further volume provided by bookmakers offloading risk will be enough to sustain the operation, but we consider this only likely in part.

4. Recommendation

Whether to get involved with Yobetit is mostly a question of how much risk are you willing to tolerate for a possibly big reward. As far as buying packages goes, you’ll need to market the thing aggressively in order to really profit from the globals and commission, as the big influx of customers will be soon after their launch. This is a risky proposition and you’ll have to decide for yourself. Don’t invest your entire savings in this, for sure. One will also consider if it’s profitable to buy an invite and generally play there. Why not? If you can get in reasonably early, then attack many value lines with their reduced risk proposition of 45s hold, you should be in the green. We don’t consider the event of Yobetit not paying out to be likely. However, the overall profitability of the service will rise sharply and then slowly drop off, so get in the fun early for maximum profit if you want to do it at all. The when to get in and when to get out will depend on when the peak liquidity on +EV lines is achieved, and will be something to watch for. Generally, while we’d love guys over at Yobetit to surprise us on this prediction, that’s the highly realistic view and is something to be expected.

Go to Yo Betit Homepage

If you have any questions you reach us at support@surebetmonitor.com or feel free to contact Yobetit directly at support@yobetit.com.

The post Yobetit Review Update appeared first on Surebet Monitor - Sports Arbitrage Software, Alert Service, Arbitrage Betting.

Establishing arbitrage-friendly bookmaker has always been a dream for many arbers and developers. Sirbobet.com seems to make another effort to run such a service. The question is if they are serious with what they are up to.

Let’s first start with t&c of the Service:

• Your account will never get limited
• Every time you deposit you get 100% bonus up to 150 EUR, provided you never asked for a withdrawal
• If you ever ask for a withdrawal you retain the right for 50% of your initial deposit, but the other half of your initial deposit, your bonus and your winnings are for some magic reason lost

In the other words the policy of the Company: You can lose at our place as much as you like and we are happy, however if you win something we will not pay you at all.

There is no further point to comment on this clearly NO-GO service, however this discussion raises quite interesting subject, if there is any reasonable idea to spread risk between an arber and the real arbitrage-friendly bookmaker to produce reasonable service?

Common sense says that in the end it will all depend on publishing correct odds, no matter what service we take into account.

Anyway, just for fun and to enrich very fruitful discussion going on Arbusers one could imagine the “gentleman deal” between the Arbitrage Bookmaker (AB) and the arber, that arber will do his best to lose cash at AB and if he fails he pays the withdrawal fee of let’s say 200% of his initial deposit, but keeps his winnings.

An example:

I deposit 150 EUR, I get 150 EUR bonus (+150). Most of the time I will lose it in the long run, and both parties are +150 EUR and happy. Of course if I win a lot I will right away withdraw funds and lose the fixed amount of 300 EUR. This will not happen often, as I will do my best to lose there, so at least from my point of view it makes some sense. Not much still, though.

Perhaps it may sound easy and fair to both parties involved, the arber and AB, but sadly it cannot be simplified that much in reality. To keep this model going any potential successful arbitrage bookmaker with this bonus policy would need very sharp odds not to give any value away during the process. Contrary the key would be rather to gain edge during the process, which would in fact generate an income. Otherwise this model (and most of the other models) are unsustainable.

The post Sirbobet – Clear “NO GO” for so called arbitrage bookmaker appeared first on Surebet Monitor - Free Sports Arbitrage Software, Free Alert Service | In-Play Surebets | Skrill | Pinnacle Sports | SBObet | Bonus.

Following on from the success of their launch event, Matchbook continue to build momentum with the release of their new native iPhone app. Leveraging a best in class technology stack, Matchbook have ensured that their new mobile experience is one of the most powerful gaming apps available today. Simple navigation and speed of bet execution are neatly accommodated, while the instant visibility of market liquidity is a fantastic innovation that really sets it apart as a mobile exchange product.

This latest update follows on from the recent release of the new Matchbook betting platform which really demonstrates the vision this company embodies.

The key features of the new site include:

• Full back/lay support across all markets
• Pop up smart bet-slip to allow you manage your open offers from anywhere in the site
• Improved navigation and filtration for sports and markets
• Shortlist feature

Additionally Matchbook have included some welcome additions:

• Completely new cashier module, with ability to save payment details for future deposits
• Full new suite of personalised user preferences
• Completely new CMS, delivering event specific content
• Localised timezones for all users, as well as countdown timer for all games kicking off in under 3 hours

Cian Nugent, COO, when introducing the new platform, explained how a change in ownership and new investment allowed the organisation a major opportunity.

Technology has powered the growth of the industry and most companies have had to build upon legacy systems to keep pace. Thanks to the investment and patience of the new owner, we had the luxury of re-building Matchbook from the ground up. What we have now is a really powerful platform, in a brand new technology stack, allowing us the flexibility to develop and adapt the site easily to customer demand

The future certainly looks bright for Matchbook and with the latest additions to their product portfolio it is hard to be anything but impressed. Android development is currently scheduled for release in early 2014, and we are certainly looking forward to further exciting plans that Matchbook have in the pipeline.

Brand new mobile App – Try it for yourself here.

The post Matchbook – The worlds fastest growing betting exchange appeared first on Surebet Monitor - Free Sports Arbitrage Software, Free Alert Service | In-Play Surebets | Skrill | Pinnacle Sports | SBObet | Bonus.

The long-term undisputed crucial arbing service – Marathonbet finally decided to apply 0 EUR personal limits on sharp bettor accounts.

Marathonbet has always been late on updating odds. Their assessments were inaccurate and reaction of their traders to changing conditions of most games was dead-slow. This of course resulted in multiple arbitrage opportunities, some of them at very high percentage, and it was the Marathonbet bookie which has permanently been losing money on this phenomenon. That’s why some time ago Marathonbet introduced quick limitation of “EV exploiting” accounts down to 1 EUR per bet. Apparently that was supposed to be appropriate counter-measure to successfully discourage arbers and terminate sharp action in general.

But the truth appeared to be different. The amount of arbitrage opportunities generated by Marathonbet’s outdated odds enabled smart guys to exploit and drink EV+ even at that very low stake of 1 EUR. That is why today Marathonbet definitely says “good bye” to this group of players, being one of the very few bookmakers actually limiting players accounts down to 0 EUR, disallowing even the most recreational play.

Perhaps getting better traders and faster lines update would also do? Shame, Marathonbet.

The post Marathonbet limit 0 EUR – the ultimate crusade against sharp action appeared first on Surebet Monitor - Free Sports Arbitrage Software, Free Alert Service | In-Play Surebets | Skrill | Pinnacle Sports | SBObet | Bonus.

This article is BetIn review 2014. This quite – yet unpopular bookmaker offers its Clients amazing 2% margin on live asian handicaps for soccer events, making it a potential good target for both pre-live and live-betting arbitrage action, with the odds being sometimes even better than Pinnacle Sport’s ones.

This is guys – based on our experience – yellow light recommendation so far for BetIn.

On one hand you have really nice deposit/withdrawal options with Skrill available and free withdrawals possible. Also the odds are in favor of the bookmaker – you may hit great live-betting odds, nice Australian open arbitrages are also present, you get 1.96 1.96 for asian handicaps in-play, so it all looks decent enough.

Withdrawals are smooth, the Company is licensed on Curacao, which looks also solid, their odds are quite accurate and they do not offer any fuzzy first deposit bonus like 1000% up to 1000 EUR, so it all makes financial sense for them – at least at the first glance.

It is a yellow, not an absolute green light because these guys are quite fresh on the market and some further observation needs to be undertaken. In overall our general recommendation is to use them and keep your balance under 3 000 EUR there at all times, until it gets a green light from us.

Happy arbing!

The post BetIn review 2014 – 2% AH margin and good odds are the strong sides of the service! appeared first on Surebet Monitor - Free Sports Arbitrage Software, Free Alert Service | In-Play Surebets | Skrill | Pinnacle Sports | SBObet | Bonus.

Hey Guys!

Tomorrow we have re-start of the Champions League Competition! What a glorious opportunity to meet friends and have a wonderful evening watching your favourite Team, being it FC Barcelona, Bayern, Real – whatever. As we are heading towards quarter-finals this is a perfect moment to transform your predictions on quarter-final squad into specific picks. This article will sum up the difference between money you can actually LOSE not betting in best services – let us together have a look how the situation looks like!

We have four matches of 1/8 finals this week:

Now it is time for certain picks. This is what we picked for this round:

And the stake would be 100 EUR for a 4-fold.

Let us have a look, how much one can lose not betting at SBObet:

As we can see the payout at SBObet will be: 1 201 EUR!

If you would place the same 4-fold parlay at Unibet you would lose 98 EUR from that amount and go away with 1103 EUR:

The same coupon place at Bet365 would result in 103 EUR loss – the win will be 1098 EUR:

And way, way behind would be Bet-at-home. Winning the aforementioned 4-fold parlay would result in MASSIVE 234 EUR loss!! Compared to SBObet – win would be mere 967 EUR…

So if you are still not motivated enough and would like to keep losing money every time you actually bet let us mention the fantastic SBOBet welcome offer up to 170 EUR!

The post Advantage of SBObet for recreational bettors appeared first on Surebet Monitor - Free Sports Arbitrage Software, Free Alert Service | In-Play Surebets | Skrill | Pinnacle Sports | SBObet | Bonus.

This post is to report that Betin – the moderately new Curacao-based bookmaker is swift regarding their withdrawals via Skrill.

Reliability of new, market-rampaging services raises always a lot of discussions. We decided to check on ourselves what is the behavior of Betin service regarding verification procedures, rollover conditions and withdrawal time (via Skrill):

• Deposit: We have deposited 2 000 EUR into the Betin account via Skrill and placed a couple of bets, wagered total 300 EUR – our balance went up to 2300 EUR. At that point we requested a withdrawal of 400 EUR, which was rejected due to unverified account.

• Verification: Betin requested a copy of Identity Card (ID) and the recent utility bill (not older than 90 days). On purpose we sent outdated one.

• Verification, part 2: Betin requested proper, valid and “fresh” utility bill, which we gladly sent.

• Withdrawal time: The withdrawal of 400 EUR was executed within 24 hours timeframe (via Skrill).

• Withdrawal of the non-rollovered amount. Having rollovered just 400 EUR we decided to check if Betin will proceed the withdrawal of the entire 2 000 EUR amount. To our surprise, 24 hours later the entire amount was back into our Skrill account.

Final remarks:

Our general impression regarding Betin service has been only positive. Fast verification time, together with transparent verification rules is definitely the advantage of the service. NO withdrawal fees to Skrill – even for the non-rollovered – amount is certainly something less and less frequent on the betting market and creates some possibilities for some people who knows how to take advantage out of it. Betin presents itself as a solid bookmaker with decent odds, live offer and financial features.

The post Betin – quick verification, no withdrawal fees or rollover conditions appeared first on Surebet Monitor - Free Sports Arbitrage Software, Free Alert Service | In-Play Surebets | Skrill | Pinnacle Sports | SBObet | Bonus.

The one and only bookmaker that gives away all its revenues to charity!

A Company that has been around since 1966 (online since 1999) – we honor what we promise.

Until 1966, the non-profit making organizations on Åland operated their own gambling and gaming machines. On 31 October 1966 PAF was created to bring these operations together under one official Åland gaming licence. Gaming began on 1 January 1967 in collaboration with the member associations behind our foundation – the public health service, Save The Children, The Red Cross and a child welfare foundation. Initially the business employed just two people part-time but now it is a powerful business which has already given over €160m to good causes.

Now PAF is an international operation with a staff of over 300. But one thing has not changed. Their sole purpose is still to generate profit that goes to good causes. In that way when you play with Paf everybody wins…

Surebet Monitor Team comment:

When it goes to the odds and limits PAF mirrors ones from Unibet (effectively being delivered odds from Kambi supplier), which is very decent. Their live lines are sharp enough to withstand Pinnacle Sports challenge turning them into long-run possibility for gamblers. Withdrawals and verification are both swift and pleasant and the general feeling playing there is safe.

We hereby recommend PAF as a solid soft bookmaker and semi-sharp live one. We must underline again that in case you lose a dime there it will go to the charity, which certainly help feeling better about that.

So if you do not have an account at PAF yet – open one, have fun and contribute!

The post PAF – Kambi based charity bookmaker appeared first on Surebet Monitor - Free Sports Arbitrage Software, Free Alert Service | In-Play Surebets | Skrill | Pinnacle Sports | SBObet | Bonus.

Nice modern outlook of the website, good odds, plenty of deposit and withdrawal options, quick support, fast withdrawals and easy verification – this all together encouraged us to write a detailed review of licensed this year GoBetGo bookmaker. Check what are our feelings after betting there and enjoy an interesting interview with their Representative – George.

Licensing, legal issues, the Team

Q: How would you describe the mission of your Company, your goals, licensing?

A: Even though we are new, we are not rookies. The bosses of the company – one has 15 years in online gambling, the other one 20 years in land based gambling, our odds/risk manager has ran the odds management of one of the largest asian books for a few years. I have 10+ years in gambling marketing and pretty much know what I am doing. Mission – to become a top book within 3 years. License – we chose Curacao as currently with all the local laws in Europe, Curacao and Malta have equal power and it was less painful and less time consuming to get one.

Deposit options

GoBetGo currently offers the following deposit options: Credit Cards, Neteller, PaySafeCard, uKash, inPay, QIQI, Sofort, BitCoin.

One can easily notice that there is no option to deposit via Skrill, however we further examined the subject and apparently this option will be enabled and automated within the month from now. Currently there is an option to fund one’s account via Skrill upon contacting support at cs@gobetgo.com and requesting manual transfer. It works well and fast, money was credited within 5 minutes upon a transfer and customer support responds immediately (within 3 minutes). Top marks. To double confirm the subject we asked the Skrill deposit question in the interview also:

Q: When one might expect Skrill deposits to be automated?

A: I hope within the month we will have them automated.

Skrill automated payments are already available (introduced 27th of May 2014).

Odds nature and quality

Q: What would you say about the quality of odds you are offering?

A: On the large leagues we are having about 1.9-2.4% margins on 1X2 and over/under and about 3% on Asian handicap, for the World cup we’ve set 1% margin for 1X2 – to attract some action. As I mentioned our odds/risk manager has ran the odds management of one of the largest asian books for a few years so I would say we have a proper experience in the area to stand the challenges.

Q: And the betting limits per events?

A: On the major events we have about 7-8k EUR per bet, on the smaller events up to 1k EUR per bet. These limits are “per player” and once consumed the line might or might not change.

Q: Quite high limits combined with low margin may result in exposure of your weak lines and makes you vulnerable to a variation, which without a proper liquidity might form a deadly mixture. What is your countermeasure to these difficulties?

A: First of all our odds automatically adjust based on the volume. Second of all, all of our bets are passed to a larger pool of bets. It gives us a much larger liquidity and makes us 100% immune to variation. It is something like hedging, however we don’t hedge, but partner instead.

Q: It sounds logical and healthy. And what about personal limits? Do you apply them to the winning players?

A: We aim not to limit players, it may though happen on rare occasions. Usually we let them play.

The offer

GoBetGo.com features a Sportsbook, Casino, Live casino and Lottery games, and is also fully responsive – from 1920x resolution screens to mobile, and accepts both real money and bitcoins. The sportsbook has a global reach by supporting all 3 sports layouts: Asian, American and European and 6 odds formats. They support the following languages: English, German, French, Italian, Russian, Chinese Simple & Traditional, Turkish, Spanish, Dutch, Albanian, Swedish, Danish, Czech, Farsi and Bulgarian, with more to come. They concentrate on the Top leagues with low margins, and their World Cup magins are as low as 1%. Hard to find lower in the industry. Except for football, they also offer very low margins on NBA and European Basketball. Their pre-match offer is very decent and amount of in-play markets (especially for soccer games) is truly impressive.

Verification procedures and withdrawal times

Q: Could you briefly summarize verification procedures at your bookmaker?

A: Of course, it is really straight forward. For skrill/neteller/any other 3rd party processor we require ID + recent utility bill in the name of the account holder, for credit cards – ID, utility bill, and scan of the card that was used for the deposits, for bitcoin – we don’t require identity verification at all.

Q: And how long one normally awaits a withdrawal via Skrill or Neteller?

A: Usually a withdrawal is executed within a few hours, sometimes even within a few minutes.

Customer support

Customer support is available: Monday-Saturday 7am – 5pm GMT and one can reach them either by email: cs@gobetgo.com, by phone: +44 20 3239 1838 or through Twitter: @GoBetGo. We checked ourselves how fast they are and they always responded within 5 minutes and were professional and accurate with their answers. Top marks.

Arbitrage options

GoBetGo lines resembles (although are not identical) to SBObet ones. Therefore one can find arbitrages between GobetGo and Pinnacle Sports and, obviously, soft bookmakers. Finding arbs against SBObet will, however be difficult.

Alert services coverage

Being a new bookmaker GoBetGo is covered both for pre-match and in-play markets only by OddStorm.

Summary and general recommendation

GoBetGo gets our high interest and we recommend it to everyone. In our eyes their mission is to combine attitude of the bookmaker for recreational players (nice website, intuitive navigation, a lot of in-play events, attractive 50% up to 50 EUR first deposit bonus) with seriousness of heavy, professional services like SBObet or Pinnacle Sports (tough bonus rollover conditions, sharp lines and odds, a lot of asian handicap lines). Most importantly being a part of bigger turnover sharing community they offer acceptable liquidity not exposing themselves to harmful variation. This, together with automated volume/based odds adjustment system creates together a healthy story and is enough to promote this service both to sharp and soft bettors.

The post GoBetGo Review 2014 appeared first on Surebet Monitor - Free Sports Arbitrage Software, Free Alert Service | In-Play Surebets | Skrill | Pinnacle Sports | SBObet | Bonus.

This is to report that GoBetGo, new promising bookmaker has recently introduced Skrill automated deposit and withdrawals.

We need to underline that both deposits and withdrawals are free of charge and working well – we tested this. The average withdrawal time was no more than 1 hour and very frequently just a couple of minutes.

The post GoBetGo introduces automated Skrill payments appeared first on Surebet Monitor - Free Sports Arbitrage Software, Free Alert Service | In-Play Surebets | Skrill | Pinnacle Sports | SBObet | Bonus.

They called themselves an “arbitrage bookmaker”. Now after just few months they are closing.

Sirbobet, following our predictions is going to close their service as of 12/07/2014 as stated on their website.

This is what we expected in a related article dated November 2013, when discouraging players from opening an account there
Sirbobet – clear NO GO for so called arbitrage bookmaker.

Their business model proved unsustainable and now they face to pay out the money they owe to their Customers. Up to date a lot of delays were reported and it is now up to our hope that all the players will get their funds back.

The post Sirbobet closes, following our predictions appeared first on Surebet Monitor - Free Sports Arbitrage Software, Free Alert Service | In-Play Surebets | Skrill | Pinnacle Sports | SBObet | Bonus.

Paysafecard is a prepaid solution for purchasing online launched in 2000. It allows customers to pay online quickly, and safely, without providing any personal information. Paysafecard can be used by everybody and does not require having bank accounts or credit cards.

Paysafecard products

Currently, paysafecard offers users a suite of related products:

• Paysafecard: prepaid vouchers to pay online purchases
• My paysafecard: web application to combine vouchers and pay online purchases
• Paysafecard app: a mobile application

Paysafecard – How it works

Each paysafecard is a voucher, with a printed 16-digit PIN, that can be bought at sales outlets – and online – and can be used to purchase on webshops. Vouchers can be a plastic card, a printed card or an electronic document.

• Customers purchase paysafecard vouchers at a sales outlet (or online). You can find the nearest outlet with the sales outlet finder. Vouchers are available for the following amounts: £10, £25, £50, £75 or £100 (this changes from country to country).

• Customers pay online using the printed 16-digit PIN. The amount paid is deducted from the balance of that paysafecard. Webshops allow you to enter up to 10 PINs (up to £1000). You can check the balance of each voucher here, just entering the 16 digit code.

Paysafecard is available worldwide at over 450,000 sales outlets in 39 countries. Over 4,000 webshops accept paysafecard, including some of the most important bookmakers (see a list at the end of this article).

My paysafecard – How it works

Although paysafecard vouchers are available at 5 fixed amounts, they can be combined using the web application my paysafecard. The my paysafecard payment account allows users to manage their purchased paysafecard PINs in a well organised account. After buying a paysafecard, you can top up your my paysafecard account with this PIN. The value of each paysafecard PIN you added is now at your disposal.

When using my paysafecard you only have to enter your my paysafecard username and password when paying in webshops, and you no longer have to enter the 16-digit PIN. Payments are made using the balance of your oldest purchased PINs.

My paysafecard also provides users with a clear overview of their current balance and past transactions. Registering for my paysafecard is free, and no bank details or credit card information are required.

Paysafecard app – How it works

The paysafecard app is available for ios and android devices. It can be used to find sales outlets, login to my paysafecard, check balances and receive promotions, competitions and updates.

Skrill acquisition

Paysafecard was acquired in early 2013 by Skrill. Skrill and paysafecard’s offering combine a secure prepaid product that complements Skrill’s existing payments service. The joining together of Skrill and paysafecard also opens up the business to new markets within underbanked populations.

After Skrill acquired Paysafecard, this payment method can be used to top up the balance of your Skrill Digital Wallet. This is an excellent method to increase your balance without dealing with credit cards or bank transfers.

1. Purchase a paysafecard.

2. Top up your my paysafecard account with your purchased paysafecard PINs.

3. Top up the balance of your Skrill Digital Wallet with my paysafecard.

The my paysafecard Standard status lets you top up Skrill Digital Wallet by a maximum of £250. A higher top-up limit requires an upgrade to the my paysafecard Unlimited status. This allows you – depending on your Skrill Digital Wallet status – to make top-ups of up to £850 a day and up to £2500 within a 30-day period. You can only top up Skrill Digital Wallet with one my paysafecard account. Plus, both your Skrill Digital Wallet account and your my paysafecard account must be registered in the same country.

Fees

Using and paying with paysafecard is free, except in the following situations:

• Refund fee: A refund incurs a fee of £6. This is deducted from the amount paid out. This fee applies to each pay-out.

• Inactivity fee: paysafecard charges an inactivity fee of £ 2 a month if the customer does not use his my paysafecard account to complete a payment transaction within a period of 12 months. This fee is charged at the beginning of each month from the first month after this 12-month period passes and is deducted from the customer’s my paysafecard account.

• Transaction fee: The transaction fee is a customer fee which can be charged by individual pre-defined retailers.

• Conversion fee: Transactions involving a conversion into a foreign currency are charged a 2% fee of the transaction amount by paysafecard.

Topping up your Skrill Digital Wallet with paysafecard incurs a fee of 5.5% of the top-up amount.

Company information

Paysafecard started in 2000 in Austria and launched in Germany one year after its founding. In 2004 business expanded to Greece, Slovenia, Spain, Great Britain and Slovakia. After some years growing in Europe, Paysafecard landed in Argentina, the first American country to enjoy its services. The American development continued in USA and Mexico in 2010, reaching 27 countries in the first 10 years. Paysafecard currently operates in 39 countries and vouchers can be purchased at 450.000 sales outlets in 14 currencies.

According to Paysafecard’s website, the following bookmakers accept paysafecard:

24hpoker – 888 – AllYouBet – Bet-at-home – Bet24 – Bet3000 – Bet365 – Betclic – Betdaq – Betfair – BetRebels – Betsafe – BetSonic – Betsson – Boylesports – Bwin – Centrebet – Digibet – Expekt – Goalbet – Goalwin – Interwetten – Ladbrokes – Marathon – MyBet – NoviBet – OddsRing – PaddyPower – Sportingbet – StanJames – Titanbet – TonyBet – Unibet – Victor Chandler – WBX – William Hill – WouWin
 

The post Paysafecard – prepaid online payment method for your sports betting appeared first on Surebet Monitor - Free Sports Arbitrage Software, Free Alert Service | In-Play Surebets | Skrill | Pinnacle Sports | SBObet | Bonus.

OddStorm was established in 2007 and provides high quality cross-market soccer surebets, middles and Polish middles. Since its launch they have been enhancing their service, adding bookmakers, markets and filters, and improving parsing algorithms and arbitrage detection systems. Currently OddStorm offers pre-match and in-play football arbitrage on their web site, having also developed a Windows application exclusively for live arbing (OddStorm InPlay application).

Main features

OddStorm collects odds on their own, without using third party providers. Their event matching system guarantees displaying almost all soccer tournaments, leagues and events matched against each bookmaker. They focus on football so that they can cover every major and minor league, with a dedicated team monitoring and working on the completeness of the coverage. Anyway, they have announced they will eventually add other sports in the future. They cover the following markets:

• 1X2
• 1X2 Corners
• Double Chance
• Over/Under
• Over/Under Home
• Over/Under Away
• Over/Under Corners
• Over/Under Home Corners
• OverUnder Away Corners
• GG/NG
• Odd/Even
• Odd/Even Corners
• Odd/Even Home
• Odd/Even Away
• CorrectScore (as UnderGoals)
• AH (including DNB)
• AH Corners

They also cover a high number of cross-market soccer surebets, middles and Polish middles. They currently offer 51 bookmakers for future events and 40 bookmakers for in-play arbitrage. Regarding periods, they cover 1st half, 2nd half, halftime and fulltime for in-play arbitrage. They only cover fulltime for prematch.

The refresh rate is only 1 second on the windows InPlay application. On their web site the refresh rate is 3 seconds for in-play and 15 seconds for prematch, but can be set to greater values according to each user’s preferences.

Special features

Besides arbitrage detection, OddStorm also offers odd comparison and odd history. Users can see the history of every odd, since first detected at OddStorm and the time of each change. Users can also compare odds from different bookmakers, by clicking on the event and selecting the market of choice.

OddStorm claims to prevent obvious error from being displayed, having many rules which determine these situations.

Users can set an alarm that will sound when the arbitrage percentage is higher than a predefined value.

OddStorm (the InPlay application in particular) has a huge speed regarding parsing and arbitrage generation and delivery. They scan asians and Pinnacle every 15 seconds and do not miss to catch a market trend which may produce an arbitrage. InPlay application scans every bookmaker in 1-3 second interval. These odds changes can be seen in odd history (as shown in the picture).

Filters

Users can specify the minimum and maximum arb percentage. The minimum allowed arbitrage can be chosen from the following: -1%, 0%, 0.5%, 1%, 2%, 3%, 4% and 5%. The negative arbitrage can be used to take advantage of bonuses and rapidly fulfilling rollover requirements. The maximum allowed arbitrage can be chosen from: 0%, 1%, 2%, 3%, 5%, 7%, 10% and 100%. These limits allow to prevent palp errors. On the InPlay application limits are the same, but users can write any value (instead of choosing from the list), for example, a minimum of 1.5% and a maximum of 300%

Middles and Polish middles have a probability value. The higher this value, the better (for middles) and the worst (for Polish middles). Users can set the minimum probability (between 4 and 10) for Middles and the maximum probability (between 2 and 3.5) for Polish middles.

OddStorm can consider all available events or just the ones that will be played in 1, 2, 7 or 30 days. As arbers we don’t want to keep our money stuck on a bet for a long time so we could chose to display only events for the next 2 days.

In the arbitrage window, users can dismiss the information they no longer want to see by filtering items, including specific odds, a specific match or a whole league. Dismissed information can be shown again by removing the applied filters.

The Windows InPlay application has more filter possibilities, including the following:

• Filter events for a small period of time (1, 2 or 5 minutes).
• Arbitrage outcome count (2, 3 or 4 legs)
• Events at half time break
• Events where current score is draw
• Minutes till half time break or end of match are less than given minutes
• Odd price is lower than a given value

Customisation

Users can customise bookmakers to be used for pre-match arbitrage and in-play arbitrage. Bookmakers can be optional or mandatory. For example, if you have most of your bankroll on a specific bookmaker, you can decide to force this bookie on all arbs displayed (set it as mandatory) and leave other bookies as optional. The latest version of the InPlay application has instant bookmaker filtering and allows predefining bookmaker filter sets.

Users can also set their time zone and chose among the following languages: English, Bulgarian, Czech, Swedish and Russian.

Next improvements

The Windows InPlay application will introduce interesting features in next versions. OddStorm is working on market customisation for each bookmaker and on multi-tab arbitrage windows to allow different rules and filters on each tab. They are also working on a major upgrade that will allow autologin and navigating to specific betting slips.

Calculator

Every surebet, middle or Polish middle can be calculated on the built in calculator. Users must specify the stake for one of the bet legs (outcomes) and OddStorm will calculate other stakes, the arbitrage percentage, return on each bet and profit (or loss).

The calculator allows users to change the odds, but does not support different currencies or commissions. Non subscribers are limited to 100 max stake

Support

Customer support can be contacted by email and they provide a very quick response. The site also provides a live chat area for paying subscribers, visible to all visitors. Skype support is also available, and OddStorm participate in Arbusers forum where they post information and answer users questions. In this forum they have a specific board with 10 threads at the time of our review. Although there is no user manual, they have posted several articles on their web site and Arbusers forum

Subscriptions plans

OddStorm offers 4 subscription plans.

• Free subscription: it has 15 minutes delay and maximum arbitrage shown is 1.5%. Maximum probability for middles is 6 and minimum for Polish middles is 3.25. Live arbitrage is not included.
• Basic subscription: it also has 15 minutes delay, but no restrictions regarding arbitrage percentage, middles or Polish middles. Its price is 19 EUR per month. Live arbitrage is not included.
• PRO subscription: it has 2 minutes delay. Its price is 79 EU per month (pre-match) and 95 EUR per month (in-play)
• VIP subscription: it has no delays. Its price is 155 EU per month (pre-match) and 195 EUR per month (in-play). VIP users can opt for the pre-match + in-play plan, for 295 EUR.

During December they usually run into promotional period (Christmas Promotion) offering lower priced long-term subscriptions (6 months or 1 year).

Payments can be done by Skrill or Paypal.

Supported bookmakers (as of July 30, 2014)

• 10Bet (+in-play)
• 12Bet (+in-play)
• 188Bet (+in-play)
• 5Dimes
• Admiralbet (+in-play)
• BWin (+in-play)
• Bet365 (+in-play)
• Bet8 (+in-play)
• BetAtHome (+in-play)
• BetCRIS
• BetFred
• BetGun
• BetOnline
• BetSafe (+in-play)
• BetVictor (+in-play)
• BetWay
• Betclic (+in-play)
• Betin
• Betinternet (+in-play)
• Betsson
• Boylesports (+in-play)
• Canbet
• Cashpoint (+in-play)
• Centrebet
• Championsbet (+in-play)
• Coral (+in-play)
• Digibet
• DoxxBet (+in-play)
• EuroFootball
• Fonbet (+in-play)
• GloBet
• GoBetGo
• Goalbet (+in-play)
• InterWetten (+in-play)
• Intertops
• Ladbrokes (+in-play)
• Marathonbet (+in-play)
• Mybet (+in-play)
• NordicBet (+in-play)
• Novibet (+in-play)
• Noxwin (+in-play)
• Offsidebet (+in-play)
• Pinnacle (+in-play)
• Playbet (+in-play)
• SBOBET (+in-play)
• SportingBet (+in-play)
• Sportsbet
• StanJames (+in-play)
• Stoiximan (+in-play)
• SvenskaSpel (+in-play)
• Tempobet (+in-play)
• TheBetArena (+in-play)
• TheGreek
• Tipico (+in-play)
• TitanBet (+in-play)
• Tonybet
• Unibet (+in-play)
• Wettpunkt
• WillHill (+in-play)
• Youwin

The post OddStorm Review 2014/2015 appeared first on Surebet Monitor - Free Sports Arbitrage Software, Free Alert Service | In-Play Surebets | Skrill | Pinnacle Sports | SBObet | Bonus.

RebelBetting is a Windows application to detect and deliver sports betting arbitrage opportunities. It was developed by Clarobet AB, a small team of software developers and sports betting specialists in the north of Sweden. It all began in late 2007 when two programmers and two poker players started developing the application. In 2009 they had users from 60 countries and were nominated to the Young Entrepreneur award. RebelBetting now have users from over 120 countries.

Main features

RebelBetting collects odds and displays arbitrage opportunities from 54 bookmakers. The software tries to make arbitrage betting as easy as possible, suitable for beginners and professional surebettors. RebelBetting only focuses on pre-match arbing.

They cover 10 sports and 7 markets, as shown on this table:

The refresh rate is only 1 second on selected Betfair odds and 15 seconds on all other Betfair odds. Other bookmakers are scanned once a minute but is going to be improved in their next major release.

Special features

One of the most remarkable functions about RebelBetting is its Auto-login and Auto-surf feature, where the software will automatically log you in to the bookmaker, find the correct sport, league and market, and the participant and odds highlighted for faster access to the arbitrage. This requires telling RebelBetting you username and password on all bookmakers, something not everybody will be comfortable with.

The arbitrage window shows all arbs available based on current user settings. Each arbitrage is shown a row including the arb percentage, time until the event starts, the arb age, event participants and each outcome. In general arbs can be played using more than one bookmaker (with different arb percentage). To view all available arbs for the same event and market, you can click on the plus sign to expand the view. You will see other options (odds from different bookmakers for the same market). As you select different odds, arbitrage percentage are re-calculated and shown.

RebelBetting claims to detect and display possible dangerous situations. Below is a list of the warnings that can be seen in RebelBetting, and what they mean.

• Risk for palpable error: A bookmaker can cancel your bet, claiming it was a palpable error (commonly known as a palp) This can occur when a bookmaker has made “an obvious mistake”, such as reversed the odds of a match or some other kind of accidental error made while quoting the odds.

• Reversed participants: This notice is just to let you know that the order of the participants might not be the same on both bookmakers. This could happen for instance if a match is played at neutral ground and no team is the home team.

• Mixed rules: Bookmakers in the arb have different rules regarding tennis matches.

• Stake kidnapping: This warning identifies bookmakers that sometimes void part or all of your bet, after placed.

• Same bookie: This notice is displayed when selecting an arb where two or more outcomes in an arb are on the same bookmaker.

• Baseball notice: This is just to warn users that the bet is on a baseball match, to remind users to take care about starting pitchers and date and time of the game.

• Not logged in to Betfair: If you are not logged to Betfair, Betfair odds will not be displayed.

Users can set several alarms that will sound or show on specific situations. RebelBetting can play two different sounds when arbs are above certain percentage, and another sound to notice middles. It can also display a balloon, flash window or bring it to front depending on the arb percentage.

Subscribers can download the free e-book that tells you everything you need to know about placing sure bets. Paid subscribers have access to a more detailed e-book.

Filters

RebelBetting manages three types of filters: arbitrage, bookmakers and market filters.

Arbitrage filters include:

• Filter arbitrages between a minimum and maximum percentage.

• Filter arbitrage based on its reliability (low, medium, high).

• Filter arbitrage on exchanges based on volume. Users can set a minimum profit for Betfair, BetDaq and Smarkets.

• Users can chose to show middles above a certain arbitrage percentage (which can be from -5% to 5%).

• Users can hide certain arbs: with the same bookmaker on two legs, with three outcomes, starting too soon or too far, too old, and with or without lay odds.

• Arbitrage with mixed rules on tennis can be shown or not.

Bookmakers filters let users choose which bookmakers are to be considered on arbs. Bookmakers can be optional or required.

Market filters let users choose which sports and markets will be considered.

These filters are established in the settings page, under the filter option. However a quick filter bar allowing to change the minimum arb and a required bookmaker is available on the main screen.

Customisation

Users can customise bookmakers to be used for pre-match arbitrage. As already stated, bookmakers can be optional or mandatory. For example, if you have most of your bankroll on a specific bookmaker, you can decide to force this bookie on all arbs displayed (set it as mandatory) and leave other bookies as optional.Bookmaker setup is much more than just choosing which bookies you want to use.

You can set your auto-login details (username and password), and chose the url to the web site (some bookies offer various options). You can also set the bookmaker currency, the preferred rounding, and tax (on stake or profit) and commission information.

Users can also set their default currency and stake (for calculation) and odds format (decimal, fraction, US). Regional settings include choosing the timezone and the language, among the following: English, Swedish, Spanish, Portuguese, Italian, Deutsch, Greek, French, Japanese and Korean.

Calculator

Every surebet, can be calculated on the built in calculator. Users must specify the total stake or the stake for one of the bet legs (outcomes) and RebelBetting will calculate other stakes, the arbitrage percentage, return on each bet and profit (or loss).

The calculator allows users to change the odds, and supports different currencies, commissions and rounding. By default all outcomes will generate the same profit, but users can check which outcomes to maximise (this can be one of the outcomes or two in a three legs arb)

Support

Customer support can be contacted by email and they provide a very quick response. RebelBetting participates in Arbusers forum where they post information and answer users questions. In this forum they have a specific board with 5 threads at the time of our review. There is also a user manual available online and a faq page with lots of useful information.

Subscriptions plans

RebelBetting offers only two subscription plans:

• Free subscription: the maximum arbitrage shown is 0.6%. No cross market arbs or middles are displayed.

• Paid subscription: this subscription includes all functionality. Its price is 129 EUR per month.

They offer other options for short or extended subscriptions:

• 1 week: 39 EUR.

• 6 months: 89 EUR per month (must pay 499 EUR for the first 6 months).

• 12 months: 69 EUR per month (must pay 799 EUR for the first 12 months).

Payments can be done by Skrill, Credit card or Neteller.

Next improvements

RebelBetting has worked on an in-play alert service. They already have a working prototype and they are evaluating releasing a beta depending on users demand.

RebelBetting is working on improving odds scanning. Next major release will reduce scanning interval to 10-20 seconds.

Supported bookmakers (as of August 4, 2014)

• 10bet
• 12bet
• 188bet
• 888sport
• 5Dimes
• Admiral.at
• Bet365
• Bet-at-home
• BetClic
• BetCRIS
• Betdaq
• Betfair
• Betfred
• Betinternet
• Betonline
• Betoto
• Betsafe
• Betsson
• Bookmaker
• Boylesports
• Bwin
• Cashpoint
• Centrebet
• Coral
• Dafabet
• DiamondSportsBook
• Expekt
• Gamebookers
• IASbet
• Interwetten
• Intertops
• Ladbrokes
• Luxbet
• Marathonbet
• Marathonbet.co.uk
• Matchbook
• Mybet
• Nordicbet
• Noxwin
• PaddyPower
• Pinnacle Sports
• SBObet
• Smarkets
• Sportingbet AU
• Sportsbet AU
• StanJames
• Tab AU
• Tatts
• TheGreek
• Tipico
• Titanbet
• Unibet
• William Hill
• Winner

The post RebelBetting Review 2014/2015 appeared first on Surebet Monitor - Free Sports Arbitrage Software, Free Alert Service | In-Play Surebets | Skrill | Pinnacle Sports | SBObet | Bonus.

BetOnValue.com is an online service providing surebet alerts among other betting related services, including odds comparison (live and prematch) and odds history. BetOnValue.com belongs BetBrain Ltd and was launched in May 2000 in Denmark as a spin off from a Danish web technology company. Their website was redesigned in November 2012 and offers fast and very detailed information about odds, surebets, and valuebets.

Main features

BetOnValue displays odds, surebets and valuebets, for live and future events. BetOnValue collects odds from more than 170 bookmakers and exchanges. The service brings an amazing number of sports and markets in an easily navigable design. There are 65 sports, and markets, depending on the sport, can be more than 100 (for example, considering football, the most complete of all).

They also cover a high number of cross-market surebets. Regarding periods, they cover full-time (with and without overtime), 1st and 2nd half, 1st to 5th set, 1st to 4th quarter, different innings and many other options depending on the sport.

Odds are collected from different sources, depending on what the provider offers. If they give more options, BetOnValue takes the fastest/most reliable one. They only take odds through third parties when they have no alternative, for a couple of Asian bookmakers, otherwise they collect them directly.

The refresh rate depends on the bookmaker. For upcoming events requests are made every 60 seconds on average. Normally, the providers listed under Standard Bookmakers and Exchanges are the most reliable, as BetOnValue has direct communication with them and they provide with their best solutions. For all In-running events, the refresh rate is much closer to real time, with delays of 1-2 seconds on average, with an imposed maximum of 5-8 seconds

Special features

Whether you are on the odds, surebets, or valuebets window, BetOnValue can drive you to the bookmaker web site and select the event and market to place the bet, just by clicking on the desired odds. Depending on the bookmaker you will have the bet slip already filled or you will have to do it by yourself.

Besides arbitrage detection, BetOnValue also offers odd comparison and odd history. Users can see the history of every odd, since first detected at BetOnValue in a graph showing odds evolution. When showing odds evolution for a specific event, users can chose the market, period, parameter (spread in AH or goals in OU), the bookmaker (or maximum or average) and the outcomes to display (such as over, under or both). They can also adjust the time range to include in the graph.

Users can also compare odds from different bookmakers, by clicking on the event and selecting the market of choice.

BetOnValue offers an accounting application (BetOnValue Accounting) to record bets and other transactions across your bookmaker and wallet accounts. You can record each bet from BetOnValue.com odds tables and manage other transactions such as deposits or withdrawals. Each bet can include information about sports, leagues and betting types and the application includes some basic accounting and betting reports.

Filters

The arbitrage window has a filter section on the left where users can determine the conditions to select arbitrage opportunities.

Users can specify the minimum and maximum arb percentage. The minimum allowed arbitrage can be chosen from the following: 0%, 0.2%, 0.5%, 1%, 1.5%, 2%, 3%, 4% and 5%. No negative arbitrage can be chosen. The maximum allowed arbitrage can be chosen from: 0.2%, 0.5%, 1%, 2%, 3%, 4%, 5%, 6%, 7%, 8%, 9% and all. These limits allow to prevent palp errors.

BetOnValue can consider all available events or just the ones that will be played in 2 hours, 12 hours, 1, 2, 7, 30 or 90 days. As arbers we don’t want to keep our money stuck on a bet for a long time so we could chose to display only events for the next 2 days.

Another filter enables users to choose to show only non-live events, only live events or both.

The filter section also allows users to choose bookmakers, sports and markets. Only bookmakers that have previously been selected in the user preferences are available to choose, and users can also set minimum and maximum odds for each of the selected bookmakers. After choosing sports, users can select from the list of available markets for these specific sports. The number of markets is so big that selection is not easy. In fact, full market names are not displayed and you need to hover over the name to see the full description.

In the arbitrage window, users can dismiss the information they no longer want to see by filtering the unwanted odds. They can filter all odds values for a particular bookmaker, event, market and outcome, or a specific value for these odds (if odds change they will be show again). Dismissed information can be shown again by removing the applied filters.

They don’t have filters for same bookie, but this feature is in their To Do list.

Customisation

Users can set personal information (name, last name and country), change email and password, choose preferences and select bookmakers.

Preferences include: remember me, sound alerts for live matches, sound alerts for surebets, newsletters, valuemail, currency, timezone and odds format (UK, US, EU, IN, MA, HK).

Users can customise bookmakers to be used. Bookmakers are optional (you cannot choose mandatory bookmakers to be considered on all arbs). The bookmakers you select are saved in your profile and can be later used in the filter section in the surebet window. For each bookmaker you can specify the currency and some of them (exchanges on a few other) allow commissions (currencies and commissions will be used in the calculator). Bookmakers are categorized as standard (38 books and 4 exchanges), and extra (144 books and 1 exchange). The number of books and exchanges and their category can change over time.

Calculator

Every surebet can be calculated on the built in calculator. Users must specify the total stake or the stake for one of the bet legs (outcomes) and BetOnValue will calculate other stakes, the arbitrage percentage, return on each bet and profit (or loss). The calculator allows users to change the odds (by selecting another bookmaker or just writing a new value), and also supports different currencies and commissions.

The calculator performs automatic rounding that cannot be disabled.

Support

Customer support can be contacted by email and they provide a very quick response. Although there is no user manual, they have a Help area with information about how to use the site.

Subscriptions plans

BetOnValue offers 3 subscription plans:

• Advanced subscription: it has 20 minutes surebet delay and does not include exchanges. Bookmakers available are all standard bookmakers and 10 extra bookmakers. Its price is EU 10 per month

• Expert subscription: it has 3 minutes surebet delay. All bookmakers are available. Its price is EU 50 per month

• SureBet Pro subscription: it has no surebet delay. All bookmakers are available. Its price is EU 150 per month

There is no free option at BetOnValue.com, but if you wanna try for free, you can use BetBrain.com (from the same company). BetBrain.com offers real time odds for free. Surebets and valuebets are also shown for free, with 20 minutes delay. At BetBrain you can only find samples of the full service that can be found on BetOnValue. Besides the 20 minutes delay, you don’t have any filters, and results are generated randomly (only 10 surebets or valuebets are displayed).

All plans include odds history and odds comparison and allow users to use the Accounting Application.

Payments can be done by Visa and Mastercard, Skrill and Neteller.

Next improvements

Currently BetOnValue does not have any kind of warnings for dangerous surebets, but they do their best to group only providers/bet types with the same rules, thus minimizing any possible losses. In terms of possible mistakes, they do have an automatic reporting system that alerts them of any possible mistakes in terms of odds compatibility. In addition, they monitor the page themselves for mistakes. However, they have considered such feature – Warnings – and hopefully they’ll be able to implement it in the near future.

At the moment they only offer alerts for new surebets that arrive on the page but they will consider adding more alerts by different criteria.

Supported bookmakers (as of August 10, 2014)

The list is huge. Besides 5 exchanges (Betfair, Betdaq, Matchbook, Smarkets and Betcruise), they offer more than 170 bookmakers. We preferred to show them in a picture.

BetLinker is a Windows application to detect and deliver sports betting arbitrage opportunities. It was developed by Russian developer Evgeniy Krasnov in 2011 and was available only in Russian until last August when the English version launched.

Main features

BetLinker collects odds and displays arbitrage opportunities from more than 100 bookmakers.

BetLinker only focuses on pre-match arbing – they are working on live arbitrage but currently it’s only a free service up to 1%. They cover at least 28 sports and many markets (including cross markets) to detect more than 4000 different combinations of 2, 3 and 4 outcomes surebets.

The refresh rate is on average between 10 and 40 seconds, but users can pause the update by pressing a button in the lower left corner of the program window. Some bookmakers have faster refresh rate, such as Pinnacle (7 seconds).

Special features

One of the most remarkable functions about BetLinker is its built-in browser and automatic login. The application will automatically log you in to the bookmaker, find the correct sport, league and market, and fill the bet slip if possible. This requires telling BetLinker you username and password on all bookmakers, something not everybody will be comfortable with.

The arbitrage window shows all arbs available based on current user settings and filters. Each arbitrage is shown in a row including the event and league, markets, arb percentage, time until the event starts, the arb age and bookmakers involved. Columns shown can be customised. You can also switch to a detailed view, where all arbs are shown on more than one row, with each leg detail.

BetLinker offers an odds comparison service. Users can click on a bookmaker name (in the built-in browser or calculator). A small window will show and let you select other appropriate odds for this outcome. After selecting any odds, automatic authorization and browsing to it will start immediately.

Another way to compare odds is to call All Odds window by pressing F5 in main window, or appropriate button in built-in browser and external calculator. This time a larger window will show up, displaying many markets and a direct link to event for each bookmaker (if supported). The service allows you to specify bookmakers, as well as to track changes in odds, or outcomes (you specify the odds and the desired value and BetLinker will track these odds until they reach this value). And when you need to compare odds for a specific event, you can use “Find events” function, by entering team names in the search field.

BetLinker accounting can help you keep a record of your bets. By pressing the “Add to accounting” button, you can record the selected surebet. You must previously create all necessary bookmaker accounts. BetLinker accounting provides information about profit for day, week, or month, and some statistics of your accounts.

Accounting manages money transactions (deposits, withdrawals, transfers) and betting transactions (bet, surebet and bonus).

Built in browser

By pressing the “Make bet” button, the built in browser will automatically open, log into your account on bookmakers websites and go to the event. If in the process of surfing any odd has changed, the browser immediately informs you about it and offers to recalculate stakes in the built-in calculator.

The Built in Browser splits the screen depending on the number of legs of the arbitrage.

Filters

BetLinker manages filters using the following criteria:

• sports
• bookmakers (optional and mandatory bookmakers)
• countries and leagues
• profit
• remaining time (from and to)
• surebet lifetime (from and to)
• maximum bet amount on exchanges
• number of outcomes (2, 3 or 4)
• surebets and middles
• back and lay on exchanges
• second and third leagues
• multiple outcomes from one bookmaker
• odds (from and to)
• different rules

Users can create up to 10 filters (only in Ultra plan) and up to two in Pro plan.
There is an instant alert for all users. If user enables checkbox “Notify in program”, all new and changed surebets falling into the filter will arise with a small window in the corner. When you click on the alert window, the main window will automatically open and the surebet will be selected.

Customisation

BetLinker allows lots of customisation. Users can customise the information to be displayed for each surebet and highlighting criteria. There are other display settings and sound settings, information to be shown on the calculator, the position of the notification window, and many other. The customisation window includes 11 tabs – connection, surebets table, bookmakers, interface, sounds, notify, calculator, browsing, accounting, odds and hot-keys – and around 100 items in total.

For each bookmaker, BetLinker allows users to set information such as username and password, web address, currency and other.

Calculator

There are four calculators:

• built in calculator in the main window
• external calculator
• external calculator with manual selection of arb
• built in calculator in the browser

Built in calculator in the main window and external calculator allow to calculate the arbitrage for the match selected. It is possible to change the total sum, rounding, each bet stake, currency, exchange rate, odds, and overweight or fix any sum.

The calculator has a “Surebet changed” indicator. Calculator constantly monitors odds and informs users of any change. If after change surebet is still profitable, calculator icon turns yellow, while it turns red on negative arbs.

By clicking on the words “Surebet changed” odds are updated with current odds.

By clicking on the name of the bookmaker, the list of odds from other bookmakers on same outcome will be shown (odds comparison feature).

On the external calculator with manual selection of arb, users can choose any of more than a thousand possible arbitrage situations (of course, a lot of combinations are the same, just changing the number of goals or points).

Support

Customer support can be contacted by email and they provide a very quick response. BetLinker participates in Arbusers forum where they post information and answer users questions. In this forum they have a specific board with 6 threads at the time of our review.

There is also a help page available online with a short description of most functions, and a faqs page and a list of all used abbreviations.

There is also good help information within the software.

Subscriptions plans

BetLinker has 3 subscription plans.

• Free plan: provides surebets and middles from 0% to 1%, built-in browser, accounting module and notifications
• Pro plan: It adds surebets and middles above 1%, negative surebets and middles and odds comparison. Its cost is 100 EUR per month.
• Ultra plan. It adds extended filters. Its cost is 120 EUR per month.

A fourth plan which will provide live arbs and middles is coming soon.

Payments can be done by Skrill. 10% discount is available for 3 months subscriptions.

Supported bookmakers (as of August 22, 2014)

BetLinker currently supports 114 bookies, as shown on the next image

BetBurger.com is an online service providing surebet alerts for prematch and live events as well as odds comparison. BetBurger is one of the newest alert services. It launched in March 2014 and was free for a month before becoming a paid service.

Main features

BetBurger displays surebets and middles, for live a future events. BetBurger collects odds from 56 bookmakers and exchanges (but considering clone bookies it covers more than 100). The service brings arbs for an important number of sports and markets in a modern and clean design. There are more than 20 sports, and markets include 1X2, money line, handicaps, totals and other.

They cover a high number of cross-market surebets, including many 3 leg arbs. Regarding periods, they cover fulltime (with and without overtime), halves on football, sets on tennis and volleyball, quarters on basketball, periods on hockey, different innings on baseball and other options depending on the sport.

Future and live surebets are show on different screens.

Special features

The arbitrage window displays each arb on a coloured border rectangle with all relevant information clearly organised inside. A green frame denotes a new arb and a red one tells the match is near to start. Orange means different rules and blue is used on live matches to indicate the interval. A yellow background is used on middles.

Each arb shows the sport, date, arb percentage a ROI, league and teams, period, markets outcomes and odds. Next to each odd you can see an arrow up or down only after a recent change. By clicking on the arb percentage, the surebet calculator pops up.

BetBurger can drive you to the bookmaker web site and select the event and market to place the bet, just by clicking on the desired odds. Depending on the bookmaker you will have the bet slip already filled or you will have to do it by yourself.

Besides arbitrage detection, BetBurger also offers odds comparison. By clicking on a specific outcome in the arbitrage window you will be taken to the odds comparison page for this event and market. In this page you can see the odds for each market (and all spreads or totals) and select any other market available.

BetBurger offers an accounting application to record bets and other transactions across your bookmaker and wallet accounts. You can record each bet from BetBurger’s calculator and manage other transactions such as deposits or withdrawals. The accounting application is only available to paid users and is no longer available after your subscription ended (not even read-only).

Filters

The arbitrage window has a filter section on the left where users can determine the conditions to select arbitrage opportunities. A set of checkboxes allows to enable or disable some features like automatic odds updates, sound and popup alerts, grouping surebets by events, filtering arbs with different rules or same bookmaker and showing 2 and/or 3 legs arbitrages.

Users can also specify the minimum and maximum values for many arbitrage items including arb percentage, middle percentage, odds, arbitrage age and ROI.

BetBurger can consider all available events or just the ones that will be played in the next minutes, hours or days.

Finally, users can chose which bookmakers to include and which sports and markets to be considered.

All these conditions can be grouped under a custom filter and saved with a name. You can define several filters and apply one of them at any time.

BetBurger also allows users to apply multifilters (more than one filter at a time).

In the arbitrage window, users can dismiss the information they no longer want to see by filtering the unwanted odds, arbitrage or events. Users can click a cross next to each odd to dismiss this specific odd. This is useful if for some reason this odd is incorrect and keeps showing inexistent arbs, or when you already placed a bet on this odd and cannot place the same bet again because of bookmaker’s limits. Users can also dismiss the whole arbitrage and even all arbitrages from an event (by dismissing the event).

Customisation

Users can set their email and password, define bookmakers to be used (and set their currency, rounding method and commission), define exchange rates, and custom filters.

Calculator

Every surebet can be calculated on the built in calculator. Users must specify the total stake or the stake for one of the bet legs (outcomes) and the calculator will calculate other stakes, the arbitrage percentage and profit (or loss) on each leg. Just be sure to click the radio button on the leg you want to set fixed, or the calculator will use the total stake

The calculator allows users to change the odds, and supports commissions and rounding (including different rounding on each leg). Users can also maximize profit for one specific outcome or calculate a balanced arbitrage.

Support

Customer support can be contacted by email and they provide a very quick response. Although there is no user manual, they have a Help area with information about how to use the site. BetBurger participates in Arbusers forum where they post information and answer users questions. In this forum they have a specific board with 5 threads at the time of our review.

In case users find a wrong arbitrage, they can notify BetBurger with the horn icon under the arb percentage. This action will dismiss the arbitrage (for the user that pressed the horn) and warn other users who see the same arb. After pressing the horn you must indicate the type of error, to help BetBurger support on how to correct it.

Subscriptions plans

BetBurger offers 3 subscription plans.

• Prematch: Its price is EU 80 per month
• Live. Its price is EU 150 per month
• Prematch + live: Its price is EU 200 per month

There is also a free subscription which only shows arbs below or equal to 1%.

All plans (except the free plan) include the same features. You can freeze your account for 1 to 4 weeks, to extend your subscription in case you won’t use it.

Payments can be done by Skrill.

Supported bookmakers (as of September 1, 2014)

Betonfire.com is an online service providing surebet alerts for prematch and live events. Betsonfire is a relatively new and small alert service. About to reach its first year, Betsonfire claims to be a “private surebet monitor”, limited to 20 users.

Main features

Betsonfire displays surebets for live and future events. Betsonfire collects odds from more than 70 bookmakers and exchanges. The service brings arbs for football, basketball, tennis, ice hockey and volleyball. They cover almost all markets available and a few cross market arbs, but they plan to increase the number of cross markets.

Regarding periods, they cover all available periods of events.

The refresh rate is about 15 seconds, but users can stop the refreshing to analyse the static data.

Special features

Betsonfire is one of the only available alert services that only accepts a reduced number of subscribers. Currently only 20 subscribers can use the service. To be allowed, you must send an email asking for a seat.

Betsonfire includes a 2 and 3 legs arbitrage calculator. From the calculator you can save the surebet on its tracker.

Filters

The software provides very few filters, but next version will include some more. Right now users can filter by date, profit range, and, of course, the list of bookmakers to consider.

In the arbitrage window, users can dismiss the arbitrage they no longer want to see by filtering the unwanted rows.

Customisation

Besides preferred bookmakers, users can set an alarm to be played when a new surebet surpasses and specific arbitrage percentage.

Calculator

Every surebet can be calculated on the built in calculator, which supports 2 o 3 legs. When the user clicks on an arbitrage from the list, the calculator fills the specific information. Users must specify the total stake or the stake for one of the bet legs (outcomes) and the calculator will calculate other stakes, return on each bet and profit (or loss).

The calculator allows users to change the odds, and you can also maximize profit for one specific outcome or calculate a balanced arbitrage.

Support

Customer support can be contacted by email and they provide a very quick response. Although there is no user manual, the website is easy to use.

Betsonfire participates in Arbusers forum where they post information and answer users questions.

Subscriptions plans

Betsonfire offers a unique subscription plan which costs EU 69 per month and you can buy a three months subscription for EU 150. Although there is no free trial, users can test during 48 hours for just 7 Euros.

Payments can be done by Skrill, Neteller and Paypal.

Supported bookmakers

Betfair is one of the first betting exchanges. Founded in 1999 and launched in 2000, Betfair offers a wide range of sports and markets and a huge selection of events, whether pre-match or in-play. Betfair is currently, and by far, the market leader in terms of number of users and volume – more than 950,000 users and more than 7 million transactions per day, despite being the betting exchange with the highest base commission rate.

Basic description

Betfair’s core product is its Betting Exchange, enabling customers to bet against each other by either backing or laying outcomes at prices they determine. As all betting exchanges, this business model eliminates the financial risk borne by bookmakers, so odds are often better than those offered by traditional bookmakers. Betfair earns a commission on the net profits of any individual customer on each market, regardless of the outcome of the event.

Sports, markets and odds

Betfair covers a large number of sports (and other events), including American Football, Athletics, Australian Rules, Baseball, Basketball, Bowls, Boxing, Chess, Cricket, Cycling, Darts, Financial Bets, Football, Gaelic Games, Golf, Greyhound Racing, Handball, Horse Racing, Ice Hockey, Mixed Martial Arts, Motor Sport, Pool, Rowing, Rugby, Snooker, Swimming, Tennis, Volleyball, Winter Sports.

The number of leagues covered is just huge. Almost any sports competition will be available to bet and many of them even live.

Regarding markets, it’s hard not to find the one you want, at least on common sports. Just to mention, football usually includes match odds (home/draw/away), correct score, over under (from 0.5 to 8.5 or more), half time score, half time result, half time / full time, Asian handicap, clean sheet, teams total goals, team to win both halves, both teams to score, team to win to nil, double chance, hat trick, next goal, odd or even, penalty, sending off, total goals, etc.

Betting on Australian events is a bit more complicated than for the rest of sports. Given that Betfair holds an Australian licence, they request users to comply with a series of requirements before being able to bet on those markets. Money wagered on Australian markets must be held by Betfair in Australia and that’s why Betfair implemented the Australian wallet. In order the bet on Australian markets, you must complete an identity verification process.

Usability

As on any exchange, Betfair sets the events and markets and customers set the odds they want to back or lay.

When you want to place a bet and you find the odds you want (meaning other users are willing to accept the opposite bet at the price you want), you click on the desired odds, set the stake and if there is enough liquidity your bet will be matched. If there is not enough liquidity (there is not enough money to cover your winnings from opposite bettors) part of your bet can be matched and part can be left unmatched (your whole stake could be unmatched). Unmatched bets keep open until other bettors place new opposite bets that could match them. You can cancel your unmatched bets at any time, before they are matched. You can also chose to void them when the event starts, or leave them running during the event.

Given the number of users, Betfair is usually the betting exchange with the highest liquidity. However this depends on the sports, league and market, and other betting exchanges can be better on specific competitions, such as US sports.

Cash Out

One of the most useful Betfair features is the cash out button. It is well known that betting exchanges are usually used to trade on sports, meaning that users place bets (generally in play or before the event starts) when some specific odds are high because of temporary condition, i.e., an underdog’s goal at the start of the match makes favourite odds to increase. During the event the condition can change (a favourite’s goal) making odds to run in your favour so that you can bet the opposite outcome to lock a profit. This can be done automatically by Betfair’s cash out button, which determines and places an opposite bet for you. This is very useful on sports with rapidly changing scores (like tennis, basketball or volleyball).

This button constantly shows how much you can win (or loose) by placing opposite bets at the current moment of the match. It can be used to lock a profit but also to stop a loss.

Cash out only works when the market has enough liquidity to place the opposite bets. There’s no guarantee that you will be able to cash out.

Third party tools

Betfair has a lot of third party applications that provide different ways to place bets. You can find all authorized applications at apps.betfair.com

Application categories include mobile, trading, automated betting, data, commercial and arbitrage.

Fees and commissions

Betfair charges a commission on your net winnings on a market. If you have a net loss on a market you do not pay commission. Commission is calculated by multiplying your net winnings by the Market Base Rate. After this, Betfair can apply a discount depending on the user activity (Betfair points).

Market Base Rate

The Market Base Rate (MBR) is the maximum commission rate on a particular market. Their flat 5% MBR used until some months ago changed to a usually higher rate depending on the user as follows:

• For customers resident in the UK, Ireland, Italy, Gibraltar, Malta, and Denmark the default market base rate is 5%
• For customers resident in Albania, Armenia, Croatia, Monaco, Serbia & Montenegro, and Slovakia the default Market Base Rate is 7
• For customers resident in all other countries the default Market base Rate is 6.5%

Discounts

Your discount rate is a percentage rate that reduces the commission you pay. You earn an increased rate the more you bet on Betfair by accumulating Betfair Points. Discount rate varies from 0% (less than 1000 Betfair points) to 60% (from 150,000 Betfair points), although some countries have different discounts.

There are also other charges that apply to certain users. Customers who place more than 1000 bets in any hour on the Exchange may also be charged Transaction Charges depending on the number of bets placed and the amount of commission they have already paid. Customers who make more than 20 data requests on the Exchange in any one second may also be charged a Data Request Charge depending on the number and type of data requests made (we won’t discuss this item on thus review). Customers who, in the long-term, generate very little commission compared to the amount they win may incur Premium Charges.

Transaction Charges

For customers placing bets through the Application Programmers Interface (API) on the Betting Exchange or for customers placing bets either through the API or on the website on Exchange Games, Betfair multiplies the excess of 1000 by 1p. For website customers on the Betting Exchange, Betfair multiplies this number by 2p. This charges are calculated daily for each hour where users placed more than 1000 bets.

Premium charges

The Premium Charge only applies in respect of bets placed on the Betfair Exchange. According to Betfair, less than 0.5% of their most successful customers will incur Premium Charges, and they are notified in advance.

Premium charges are not easy to explain or calculate. Each week Betfair will calculate your gross profits made, and your total charges generated over the lifetime of your account. You’ll only be considered for the Premium Charge if:

• your account is in profit
• the total charges generated since joining Betfair are less than 20% of your gross profits.
• you placed bets on more than 250 markets

Customers are exempted from the first £1,000 of the charge incurred.

Each week the customers who meet all the conditions set out above will be charged the lesser of:

• The difference between 20% of the previous week’s gross profits and the total charges generated during the week; and
• The difference between 20% of gross profits and the total charges generated during the lifetime of the account.

Banking options

Betfair accepts most commonly used credit and debit cards (Visa, Visa Electron, Visa Delta, MasterCard, Maestro, and other).

They also accept a large number of electronic wallets and prepaid vouchers, including Neteller, Skrill, Paypal, ClickAndBuy, and Ukash

Finally, they accept bank transfers, Western Union and cheques.

These banking options can vary from country to country, as well as minimums and maximums, processing times and fees. In general you can find free methods to deposit and withdraw.

Customer service

Betfair offers a help and learning sub-site where users can search for help, read answers to frequently asked questions and watch educational videos.

Customer support can be contacted by live chat between 9am and 2am (UK time), following and tweeting the Betfair Help Desk Twitter account (@BetfairHelpdesk), by phone (UK, Ireland, Australia and International) and by email (10 languages).

Bonus

Bonus and free bets are sometimes offered by Betfair. Customers receive offers by email for certain events or leagues.

Betfair has a referral program that awards a 25 free bet for every friend you refer (terms and conditions apply).

Summary

Betfair is a betting exchange that allows to bet for (back) or against (lay) on a great number of sports, leagues, events and markets.

Betfair’s liquidity is usually high (compared to other betting exchanges) on major sports and leagues. This can result in slightly higher odds than other exchanges or bookmakers.

Betfair’s fees are usually a fixed percentage (5%, 6.5% or 7% depending on the country) based on each market winnings. These fees can be significant and make the bet less attractive than on another bookmaker. Users must always consider fees in their calculations. There are other fees such as transaction charges, data request charges, and premium charges but these does not affect the majority of bettors.