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

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 for so-called matched betting to extract well over £100 cash profits without risk from the 4 best betting exchanges’ welcome bonuses.

For those who are not familiar with these Best 4 Betting Exchanges, 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.

Besides, when you bet at the betting exchange, you have to pay a commission, thus it’s important to know how to lower such costs. Suggest you take a look at How Lay Betting Works – Minimize Exchange Commission & Liability.

In case you reside in a country where these betting exchanges don’t accept, go to Betfair Alternatives for the solution. 

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.;

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

Firstly, given Betfair’s very High Commission & Premium Charge you may get levied, we strongly suggest considering Betfair Alternatives (White Label that provides you with the exact same Betfair Market & Liquidity). 

For full details, go to Betfair Alternatives For People Who Can’t Access Or Seek Better Options.

But, here we share how to extract cash from Betfair’s current offer of “Place £50 worth of bets to receive £20 in free bets. Repeat up to 5 times to receive a maximum of £100. Min odds 1.2 (1/5). Multiple bets are included. 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 “ZBAA01“

How To Extract Cash From The Offer?

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

Just in case you’re absolutely new to this concept, suggest quickly taking a look at Matched 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, which 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) £50 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 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. 
• Then, again, you repeat the exact same process but use 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 a little loss) will become your net profit.
• Usually, you are able to 80%+ net profits of £20 free bet from these matched betting, which 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, the key success factor is how to minimize this qualifying loss during the entire process.

Don’t worry, even if you signup with Sportsbook, you can use Betfair Exchange any time. Make sure, you place a single Sportsbook bet (minimum stake of £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 below;

SBK (Sportsbook app by Smarkets) £20 Risk-Free Bonus Sign-Up Offer

Smarkets also provide you with a Sportsbook app under the SBK brand. You can enjoy its competitive odds, especially football market;

The process to get bonus are;

Smarkets On-Going Welcome Offer

How To Extract Cash From Smarkets Exchange Offer?

If you choose 0% commission, simply you can exempt the standard 2% commission for every trade for 60 days, you don’t have to do anything but just enjoy the 0 fees. 

If you choose a £20 Cash Refund, you can effortlessly extract cash from this offer. Probably, this is one of the easiest offers to lock in a profit in the industry, because you also don’t have to do anything.

£20 Cash Refund means it’s a Risk-Free bet. Smarkets will refund your first £20 loss. Yes, even if you win thousands of £ before you lose £20, Smarkets will refund your first £20 loss. So, just keep doing the matched betting, and whenever you lose £20 for the first time in Smarkets, you will be refunded, and as you’re aware it’s your profit.

But beware that the £20 cash refund will expire in 7 days and unused cash will be removed from your account, so make sure you use it within 7 days after you get credited. 

Anyhow, let us share a brief process using the William Hill sign-up offer an 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 combine William Hill’s welcome offer and Smarkets’ welcome offer as follows;

• Firstly, you need to deposit £10 at William Hill and £10 at Smarkets (a £10 deposit in a single amount 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 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 £20 in Smarkets.
• For William Hill, you also repeat the exact same process but use the free bet for the back bet at William Hill. Then, this time free bet value (minus a little loss) will become your net profit. Don’t forget to lay the bet amount at Smarkets, and 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, the key success factor is how to minimize this qualifying loss during these processes.

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

Matchbook Exchange

New Sign-Up Offer

How To Extract Cash From The Offer?

Same as Smarkets Risk-Free bet, but remember, Smarket refund is in cash and Matchbook is a Free Bet. 

BTW, according to the SBC survey (SBC is the most renowned tipster rating service in Europe), Matchbook is voted as the best Podcast provider as below, just FYI;

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 the Betdaq review, and then the most popular review site Trustpilot shows such a poor score as below; Honestly, I have never seen such terrible reviews for an established betting site. In fact, very few Excellent comments seem to have been posted by Betdaq employees or cheerleaders.

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 the above SBC survey shows;

So, these pairs 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 2 Sign-Up Promotions.

The first one is for heavy-matched bettors / high rollers and basically, no methods to control the profits, only the 2nd 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”

2nd: The last Offer is Bet £/€/$10 Get £/€/$10, Use the Code “BDQ10”

The 2nd Offer – How To Lock-In Profits

We use 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 taking 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 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 a £10 Free Bet in Betdaq Sportsbook.
• Then, again, you repeat the exact same process but use 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 a 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, the key success factor is how to minimize this qualifying loss during the entire process.

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, casinos & bingo.

Advantage Play

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

Odds comparison of Matchbook as an example; As seen, the 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 if you are treated as a professional gambler.

This means you make living gambling with the gambling profits as your main income source – see further in the 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 the 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 a question like “Are there any betting exchange sites in India?” The answer is yes, but you need to use bet brokers.

Importantly, you have 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, actually, there is no betting exchange in the USA, the solution for matched betting is the Dutching method.

But 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 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.

If you have any inquiries 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)