4 Best Betting Exchange Sign-Up Offers & How To Monetize Bonuses

betting exchange offers feature image

Betting Exchange Sign Up Offers

Betfair, Smarkets, Matchbook & Betdaq Summary of Betting Exchanges latest sign-up offers & specific guide to lock-in profits.

We share the simplest & safest way so-called matched betting to extract well over £100 cash profits without risk from 4 best betting exchanges welcome bonuses.

BetDaq (Warning)Betdaq Exchange Logo

For those who are not familiar with these Best 4 Betting Exchange, suggest taking a look at How to make money from Betting Exchange, where you will find full details on how to maximize your advantage plays profits with betting exchange on top of the basic information about What Betting Exchanges are.

Betting Exchange Sign-Up Process Quick Instruction

Before moving into Best 4 Betting Exchange Sign-Up Offers, I’ll demonstrate how easy you can complete the process of bet exchange sign-up offer by using Smarkets as an example, the  “->” icon underneath displays the full process.;

Smarkets Sign-Up Process Simple Instruction

Smarkets Betting Exchange As An Example

Actually, the process is more or less the same among 4 bet exchange, the important thing is carefully to check each T&C as emphasized in my every instruction.

Please follow the below process, which takes less than 10 minutes to complete;

Update & Confirm T&C (Terms & Conditions)

  • Firstly, Go To Smarkets Welcome Offer Page and confirm the availability of £10 Risk-Free Sign-Up Promotion (or if you’re lucky you may find a better offer they periodically run via that link)

smarkets £10 welcome offer image

  • Read welcome bonus T&C. I know it’s boring stuff but never try to save time by skipping it to avoid any unpleasant future surprise;

smarkets £10 welcome offer t&c

Simple Sign-Up By Filling Information

  • After confirming the availability of the offer & reading the T&C,  click the “SIGN UP” button;

smarkets £10 welcome offer sign up

  • Fill in the required information related to Account, Personal Information & Deposit;

smarkets sign up page image

A Few Key Points

  • For the deposit method, Skrill & Neteller deposits are not eligible for the £10 bonus.
  • Account Verification. You will receive the below e-mail to verify account. Suggest you do it as quickly as possible to prevent any future transaction delay;
    Bet Exchange SMarkets ID Verification

    Click To Enlarge

  • That’s it. You’re now ready to place lay bets to construct matched betting once you sign-up the bookmakers.
  • If you are not familiar with how to start matched betting, see how to place a qualifying bet.

So, let’s move to the specific offers of each betting exchange;

Betfair Exchange Sign-Up Offer & Guide To Monetize It Risk-Free

You may want to signup via Betfair Sportsbook rather than via Betfair Exchange (unfortunately you can’t get both sign-up offers), simply because Sportsbook’s welcome offer is usually more attractive than the one of Exchange.  The current best offer is as below;

Betfair Sportsbook Sign-Up Offer

Click the below each offer box to see each offer T&C carefully, and select the approach which most suits you.

Betfair Sportsbook Sign-Up Offer is Place 5 x £10 or more bets to receive £20 in free bets. Repeat up to 5 times to receive maximum £100 bonus. Min odds 1/2 (1.5). Exchange bets excluded. – It Is Also 1 Of The Easiest Offer To Extract Real Cash From It, Click This Entire Box To Claim It Now!! Use Code “ZBBC01
betfair sportsbook welcome offer promotion code

How To Extract Cash From The Offer?

As said, we use matched betting to extract cash from Betfair Sportsbook welcome offer Risk-Free.

Just in case you’re absolutely new to this concept, suggest quickly take a look at Matched Betting For Dummies – 9 Essential Things You Should Know Before Staking Any Real MoneyMatched Betting For Dummies - 9 Essential Things You Should Know Before Staking Any Real Money, which will be of your help.

Anyhow, we briefly go through the matched betting process for the above Betfair Sportsbook offer as follows;

  • Remember, the offer we extract here is not Betfair Exchange but Sportsbook, means we use other Betting Exchange (never ever do matched betting between Betfair Sportsbook & Betfair Exchange, because your Betfair Sportsbook account will be instantly gubbed).
  • There are 2 transactions of Back (bet on win) £10 at Betfair Sportsbook & Lay (bet on NOT win) appropriate stake £ (use Free Calculator – select “Qualifier” mode) at Betting Exchange like SMarkets so that you cover all outcomes.
  • Regardless of the outcome, your losing & winning will cancel out each other. In the real practice, usually, 2 bets are not perfectly offset due to the odds difference & exchange commission. Therefore you make a small loss called Qualifying Loss. You repeat the same things 5 times, then you get £20 Free Bets.
  • Then, again, you repeat the exact same process but using the free bet for the back bet at Betfair Sportsbook. For lay bet amount, decide the appropriate stake £ by using Free Calculator – but for this free bet, you need to select “Stake Not Returned” mode)
  • This time free bet value (minus little loss) will become your net profit.
  • Are you with me? All together you do 6 matched betting of £10 x 5 bets with your own money + £20 x 1 with Free Bet. Usually you are able to 80%+ net profits of £20 free bet from these 6 matched betting, means £16+. Betfair Sportsbook offer is £20 Free Bet x 5, therefore you may grab £80+ cash completely risk-free.
  • For the specific guide on how to do it, please go to Free Matched Bet Starting Guide (2) & (3) Extract Profit for full details, where I use this William Hill sign-up offer as the example for step-by-step instruction, of which process is exactly the same as Betfair Sportsbook.
  • Remember, key success factor is how to minimize this qualifying loss during the entire process.

Don’t worry, even you signup with Sportsbook, you can use Betfair Exchange any time. Make sure, you place a single Sportsbook bet (minimum stake £10) on any Sportsbook market at odds of at least 1.2 (1/5) within 30 days of opening your account. Exchange bets are excluded from this promotion.

Smarkets Exchange Sign-Up Offer & The Way To Lock-In Profit

See the latest welcome offer from Smarkets and how to cash it out risk-free as below;

SBK (Smarkets app) £10 Risk-Free Bonus Sign-Up Offer

For those who prefer mobile betting, Smarkets provide you with SBK. The process to get bonus are;

  • Go SBK site and Download app
  • Sign-up by using code “para59”
  • Deposit by credit / debit card or bank transfer (Not PayPal / Neteller / Skrill)
  • Bet at least £20
  • You will receive a £20 Risk-Free Bonus within 48 hours
  • *If you already have an account in Smarkets, then SBK sign-up bonus is not eligible.

Smarkets On-Going Welcome Offer

Smarkets Sign-Up Offer is “Get £10 Risk Free Bet” – Probably The Easiest Welcome Offer To Lock-In Profit Click This Entire Box To Start Claiming It!!

smarkets £10 welcome offer image

How To Extract Cash From Smarkets Exchange Offer?

You can effortlessly extract cash from its sign-up bonus of £10 Risk-Free Bet. Probably, this is one of the easiest offers to lock-in profit in the industry, because you don’t have to do anything.

Smarkets will refund your first £10 loss. Yes, even you win thousands of £ before you lose £10, Smarkets will refund your first £10 loss. So, just keep doing the matched betting, and whenever you lose £10 for the first time in SMarkets, you will be refunded, and as you’re aware it’s your profit.

Anyhow, let us share a brief process using William Hill sign-up offer example of  Bet £10 Get 30 Free Bet. How to do it? Just in case you’re absolutely new to matched betting, take a look at Matched Betting For Dummies first.

What you can do are combining William Hill welcome offer and Smarkets welcome offer as follows;

  • Firstly, you need to deposit £10 at William Hill and £20 at Smarkets (£20 deposit is a requirement)
  • 2 transactions of Back (bet on win) £10 at William Hill & Lay (bet on NOT win) appropriate stake £ (use Free Calculator, select “Qualifier” mode)   at Smarkets so that you cover all outcomes.
  • Regardless of the outcome, your losing & winning will cancel out each other. In the real practice, usually, 2 bets are not perfectly offset due to the odds difference & exchange commission. Therefore you make a small loss called Qualifying Loss.
  • However, you get £30 Free Bets from William Hill, and if you lose £10 or over, £10 will be refunded to your Smarkets account which will be your net profits since it’s a cash refund. If your lay bet wins in Smarkets, then keep doing the matched betting. You will get refunded whenever you lose the first £10 in Smarkets.
  • For William Hill, you also repeat the exact same process but using the free bet for the back bet at William Hill. Then, this time free bet value (minus little loss) will become your net profit. Don’t forget for lay bet amount at Smarkets, decide the appropriate stake £ by using Free Calculator – but for this free bet, you need to select “Stake Not Returned” mode)
  • For the specific guide on how to do it, please go to Free Matched Bet Starting Guide (2) & (3) Extract Profit,
  • where I use this William Hill sign-up offer & Smarkets sign-up bonus as the example for step-by-step instruction, so you can see the entire process of these 2 betting sites offers.
  • Remember, key success factor is how to minimize this qualifying loss during these process.

Besides, Smarkets T&C says “Unused bonuses expire after three months of being credited to a user account and will be removed after this period “, so make sure you must lose £10 within 3 months, which you will most likely do as long as you do regular matched betting, but just FYI.

Matchbook Exchange Sign-Up Offer & The Way To Monetize it

Matchbook Exchange

Matchbook has been back in the UK as below;matchbook is back 13 aug 2020

We’ll keep updating it.

Betdaq Warning

We have some concerns about Betdaq.

Betdaq Terrible Feedback

We have heard several complaints about Betdaq from our members including some cheating related to even its welcome bonus. We quickly updated Betdaq review, then the most popular review site Trustpilot shows such poor score as below;betdaq trust pilot review Honestly, I have never seen such terrible review for the established betting site. In fact, very few Excellent comments seem to have posted by Betdaq employee or cheerleader.

Anyhow, given the overwhelmingly negative feedback, suggest Keep Away in the meantime. 3 betting exchanges of Betfair, Smarkets & Matchbook are quite enough for you to pursue advantage plays.

BTW, people often ask for Ladbrokes betting exchange. Ladbrokes Exchange bought Betdaq for €30 in 2013. And, your bet in Ladbrokes exchange is actually fed into the BetDaq platform.

So, the Ladbrokes betting exchange is just a clone of Betdaq. And when it comes to the reputation of Ladbrokes, see SBC survey (SBC is the most renowned tipster rating service in Europe) as below; sbc worst bookmaker vote

So, these pair are the lowest-rated bet exchange and bookmaker, just FYI.

Anyhow, since you have come to this page, we share how to monetize their offers only for those who still would like to use Betdaq;

Betdaq Current Sign-Up Offer

Betdaq currently offers 3 Sign-Up Promotion. 1st one is for Exchange, 2nd one is for Sportsbook & Casino, and the 3rd one is for Exchange or Sportsbook.

The first 2 are for heavy matched bettor / high rollers and basically no methods to control the profits, only the 3rd one can lock-in profits. The details are as follows;

1st: Betdaq’s Exchange New Player Offer is Commission Cash-Back Up To £1,000 in Your 1st Month, Use the Code “DAQBACK
betdaq £1000 commission free

2nd: Another offer is 3% for Sports & 10% for Casino Cashback on Net Losses for the 1st 4 weeks, Use the Code “BETINS
betdaq 10% cashback

For the 1st Commission Cashback, you will pay standard 2% commission during this period and after 30 days, your total paid commission will be refunded as a rebate up to £1,000. So the more you bet, your refund amount could be increased. For matched betting, it will improve your profitability by reducing qualifying loss.

For the 2nd offer of cashback, there is no specific method to guarantee the profits because the refund comes from Net Losses (total winnings – total losses), and it’s no method to control the net losses amount.

3rd: The last Offer is Bet £/€/$10 Get £/€/$10, Use the Code “BDQ10
betdaq bet £10 get £10

The 3rd Offer – How To Lock-In Profits

We use the standard matched betting to extract cash from this Betdaq Exchange / Sportsbook welcome offer Risk-Free. Just in case you’re absolutely new to this concept, suggest quickly take a look at Matched Betting For Dummies, which will be of your help.

This offer can apply to both exchange & sportsbook though, definitely use Sportsbook because you can save 2% commission levied in Exchange. So, the brief process is as follows;

  • There are 2 transactions of Back (bet on win) £10 at Betdaqr Sportsbook & Lay (bet on NOT win) appropriate stake £ (use Free Calculator – select “Qualifier” mode) at Betting Exchange like SMarkets so that you cover all outcomes. (Don’t forget, never ever do matched betting between Betdaq Sportsbook & Betdaq Exchange, because your Betdaq Sportsbook account will be instantly gubbed.)
  • Then, regardless of the outcome, your losing & winning will cancel out each other. In the real practice, usually, 2 bets are not perfectly offset due to the odds difference & exchange commission. Therefore you make a small loss called Qualifying Loss.
  • However, you will get £10 Free Bet in Betdaq Sportsbook.
  • Then, again, you repeat the exact same process but using the free bet for the back bet at Betdaq Sportsbook. For lay bet amount, decide the appropriate stake £ by using Free Calculator – but for this free bet, you need to select “Stake Not Returned” mode)
  • This time free bet value (minus little loss) will become your net profit.
  • For the specific guide on how to do it, please go to Free Matched Bet Starting Guide (2) – How To Sign-Up & Place Qualifying Bet & (3) Extract Profit for full details, where I use this William Hill sign-up offer as the example for step-by-step instruction, of which process is exactly the same as Betdaq Sportsbook.
  • Remember, key success factor is how to minimize this qualifying loss during the entire process.

How to Use Betting Exchange Smartly

In the first place, we don’t do gambling. As demonstrated in the above matched betting process, we don’t count on luck or by chance but rely on mathematical edge via 6 Advantage Plays. to beat the bookies, casino & bingo.

Advantage Play

When it comes to the Sports Betting, we employ the 3 methods by making the best use of betting exchange as follows;

  • Matched Betting; Extract bookies’ free bets Risk-Free by covering all the outcomes with Lay bet at the exchange
  • Sports Arbitrage; Expand the opportunities by backing at the exchange of which odds are far better than conventional bookmakers even after the commission.
  • Value Bet On Proven Software / Systems / Tipsters: Again, utilize the very competitive back odds at the exchange (see the below screenshot of oddschecker for how good the odds are – bald with underline numbers are the best odds for each horse) to improve the profit for long-term;oddschecker betting exchange better odds

Odds comparison of Matchbook as an example; matchbook odds comparisonAs seen, Best Betting Exchange is essential to construct profitable advantage plays.

Tax-Free Income

Remember, any income from the above advantages including matched betting is Tax-Free in the UK / Ireland even you are treated as a professional gambler.

Means you make living gambling with the gambling profits as your main income source – see further in Tax section in this report.

Besides, all the betting exchanges I list in this report as well as in the betting exchange guide are fully licensed & regulated by UK gambling commission. And they all register in IBAS – Independent Betting Adjudication Service, thus you can let IBAS resolve when you face any problem with them.

Betting Exchange Other Options for Anyone in the World

For those who can’t access the above 4 Betting Exchanges or seek additional bet exchange options, open the below box;

Betting Exchange Alternatives – Bet Broker & Betfair White Label

We often received the question like Is there any betting exchange sites in India? The answer is yes, but you need to use bet brokers.

Importantly, you have tod to take a cautious approach given their small business operation. The following 2 documents will help you select the right one(s);

Another popular question we receive is Betting Exchange USA. At this moment in time, extremely limited such as Betfair in NJ, NY & PA and SMarkets in IN. So, those who don’t reside in these states, the solution for matched betting is Dutching method.

But actually, the good news is that by using this approach everybody in the world including US citizens can make decent profits from this risk-free betting technique.

You can use Betting Exchanges & Alternatives to make the best use of 3 Advantage Plays in worldwide. See the specific instructions;

How To Maximize Your Profits Globally

We have issued :

In these documents, you will find the specific methods that enable people from almost all countries to make the best use of the lucrative offshore advantage gambling opportunities you may have overlooked.

I have to stress that especially the above Bitcoin Betting will pave the way for all US citizens and those who have limited access to online bookmakers to make thousands of extra income risk-free, Very useful, worth your time to check.

In Short, except 8 Countries (Cyprus, Poland, North Korea, United Arab Emirates, Singapore, Brunei, Cambodia) where on-line gamble is legally prohibited, all of you can make a profit from matched betting, see the above report for full details.

BTW, all the betting exchanges & bookmakers we list not only in this article but also in the above instructions are needless to say legitimate and is regulated by UK Gambling Commission or prominent gaming control board such as International Association of Gaming Regulators (IAGR), North American Gaming Regulators Association (NAGRA) & Gaming Regulators European Forum (GREF) etc.

So, basically they are remote from scum, fraud or any wrongdoing. However, too many winnings could cause a big headache for everybody such as Bet365 over £1m payout Megan McCann court battle, so Be Modest, Just FYI.

If you have any inquiry or need any help from us, please contact us anytime (don’t worry, we will not charge you any fee, everything is free here).

Good Luck!!

Joshua Walker (bio)

Editor – Global Extra Money (GEM)