Betfair Reduced Commission

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Betfair Charges 5-7% Commission on Your Winnings Depending On The Country. However Betfair Regularly Reduces Commission Often Up To 2%, Which Many People Overlook.

So, we share how you can make the best use of such opportunities as well as how you can make guaranteed profits by exploring betting exchanges for every smart punters all over the world.

We cover the following agenda in this article;

Contents Menu

How To Guarantee Income From Betfair?

Just in case, you’re not familiar with Betfair and How a betting exchange works, suggest take a look at Bet Exchange – Ultimate Guide To Use Betfair & Competitions Most Profitably, which includes How To Make Guaranteed Income with such Betting Exchange.

Betting Exchange Best Strategies To Get Guaranteed Income

Reduced Commission

Let’s see how you ensure Not Missing Betfair Reduced commission offers sa follows;

E-mail Notice

Betfair send e-mail notice of reduced commission offer to all the eligible customers. Therefore, firstly, you make sure your account is set to keep you informed all the promotion announcements to your e-mail account. In order to do that, just open Account Tab, go to Contact Preferences and set up Marketing Preferences as what you want;

Betfair Reduced Commission Account Set Up
Betfair Account Marketing Preferences Set-Up

Betfair Reduced Commission E-mail

The email announcement of Betfair Reduced commission you receive is like below;

Betfair Exchange Reduced Commission Promotion email
Betfair Reduced Commission Email Header Image

Betfair Reduced Commission Offer T&C in Email

You will usually find a lengthy T&C like below (this example is a rather old one, but it’s a typical T&C of this type of the offer), which is boring stuff but very important. Therefore, strongly suggest go through it carefully to avoid any unpleasant surprise in the future.

Who can take part?
You can only take part if you have been invited directly to by Betfair. You can take part only through one account and using only the username mentioned in your message.
How and when can I qualify?
Select one of the three options to be opted in to receive all the listed benefits and commission rate.
You must choose an option before 23:59:59 GMT 31/01/2019. Your promotional pricing rate will apply until the end of the promotional period (23:59:59 GMT 31/01/2019).
What can I win?
If you choose the Diamond or Gold package, your monthly free bets/bonuses will be credited on the 1st working day of the month. These promotions will available in your promotional hub.
Diamond Rewards
10% Refund on Losses – You must place bets in at least 20 Exchange markets over a calendar month during the promotional period. If you make a net loss across your Exchange bets during the month (including commission charges), we will credit you with a refund of 10% of those losses. You will receive the credit on the 1st working day of the next calendar month. The max refund is £100 per customer per month.
Free £10 Acca – You must place bets in at least 20 Exchange markets which settle over a calendar month during the promotional period. You will be credited with a £10 free sportsbook bet to be used on bets with at least two selections. You will receive the credit on the 1st working day of the next calendar month.
25 Free Spins – You must place bets in at least 20 Exchange markets over a calendar month during the promotional period. You will be credited with 25 free spins to be used on “Age of Gods”. You will receive the credit on the 1st working day of the next calendar month. From the promotions page, you will be able to accept your free spins and start playing any of the eligible games. Each free spin will hold a value of £0.20/spin. Your free spins expire after 7 days of accepting them, if they are not used. Winnings from the free spins have no wagering requirements.
Cash Race Extra Prizes – You will be eligible to opt in to the Betfair Cash Race whereby you can win cash prizes in return for hitting betting targets. Diamond package customers are eligible for 4 prizes instead of 3. The next Cash Race is scheduled to run between 20/11/2018 and 13/12/2018 (dates subject to change) More info on Cash Race here https://cashrace.betfair.com/.
Access All Promotions – You will be eligible to take part in promotions offered advertised on site where you qualify e.g. Money Back If Your Horse Trades Odds On And Loses https://promos.betfair.com/promotion?promoCode=mbsinplayloses , and Bet10get5 https://promos.betfair.com/promotion?promoCode=b10g5excwc186.
Best Odds Guaranteed on Sportsbook Racing – You will eligible for the Best Odds Guaranteed concession on Sportsbook Horse Racing Bets. If you place a bet a price shorter than the SP of the selection, you will be paid a winner at the SP price if that selection wins. (Win and Each Way bets only, selected UK and Irish markets). https://promos.betfair.com/promotion?promoCode=BOGUKANDIE2
You will pay 8% commission in exchange markets which settle between before the end of the promotional period (23:59:59 GMT 31/01/2019).
Gold Rewards
Free £5 Acca – You must place bets in at least 20 Exchange markets which settle over a calendar month during the promotional period. You will be credited with a £5 free sportsbook bet to be used on bets with at least two selections. You will receive the credit on the 1st working day of the next calendar month.
10 Free Spins – You must place bets in at least 20 Exchange markets over a calendar month during the promotional period. You will be credited with 10 free spins to be used on “Age of Gods”. You will receive the credit on the 1st working day of the next calendar month. From the promotions page, you will be able to accept your free spins and start playing any of the eligible games. Each free spin will hold a value of £0.20/spin. Your free spins expire after 7 days of accepting them, if they are not used. Winnings from the free spins have no wagering requirements.
Cash Race Access – You will be eligible to opt in to the Betfair Cash Race whereby you can win cash prizes in return for hitting betting targets. The next Cash Race is scheduled to run between 20/11/2018 and 13/12/2018 (dates subject to change) More info on Cash Race here https://cashrace.betfair.com/ .
Access All Promotions – You will be eligible to take part in promotions offered advertised on site where you qualify e.g. Money Back If Your Horse Trades Odds On And Loses https://promos.betfair.com/promotion?promoCode=mbsinplayloses , and Bet10get5 https://promos.betfair.com/promotion?promoCode=b10g5excwc186.
You will pay 5% commission in exchange markets which settle between before the end of the promotional period (23:59:59 GMT 31/01/2019).
Basic Rewards
No Cash Race – You will no longer be eligible for Cash Race promotions. You will not be able to opt in to Cash Race, and any existing participation in a Cash Race will be terminated.
No Promotions – You will no longer be eligible for any Exchange or Sportsbook promotions, e.g. “3/1+ Free Bet” and “Bet 10 get 5”.
No BOG on Sportsbook Racing – You will no longer be eligible for Best Odds Guaranteed on the sportsbook.
2% Commission – You will pay 2% commission in exchange markets which settle between before the end of the promotional period (23:59:59 GMT 31/01/2019).
When will I get my rewards?
If you choose the Diamond or Gold package, your free bets/bonuses will be credited monthly on the 1st working day of the month. These promotions will available in your promotional hub.
Your Exchange commission rate will apply immediately after you opt in.
What else do I need to know?
Once you have chosen your pricing promo package, you will not be eligible to change your package or opt out until the end of the promotional period (23:59:59 GMT 31/01/2019).
This is a promotion. Any temporary changes to your commission will not show in your “My Account” section. The promotional terms will overrule anything shown in “My Account” e.g. discount rates or Betfair points.
The commission rate of your package will override any commission rate shown in the Market Rules.
For the avoidance of doubt, the discount rate you would normally receive due to your Betfair Points will not apply for the duration of this promotion.
For the avoidance of doubt, “Match Odds” and “Correct Score” for the same football match are counted as two separate markets.
Other boring but essential stuff
Betfair reserves the right to disqualify you from the promotion and/or close your Betfair account if it considers there is sufficient evidence of abuse of the promotion, for example by using more than one username or opening more than a personal betting account to take part in the promotion. In such cases Betfair will remove you from the promotion and not credit any free bets or rewards.

Betfair Reduced Commission T&C in E-mail

Visit Betfair Reduced Commission Offer Page

Since you normally need to Opt-In, click “Pick Now” in e-mail header image to go to Betfair Reduced Commission Offer page, which looks like;

Betfair Exchange Reduced Commission Promotion first part
Betfair Exchange Reduced Commission Promotion second part

Chose whichever the package you like. If you’re the Sharp punter, then your Betfair Sportsbook account is most likely to have been gubbed (promotion restriction which is commonly imposed by Betfair Sportsbook for Advantage Players), you may Opt-In only BASIC package in the above and you get Betfair Commission Discount Rate at 2%;

Betfair Exchange Reduced Commission Promotion Basic Confirmation
Betfair Reduced Commission to 2% Opt-In Confirmation

For the above particular offer, there are other offers (Diamond & Gold) than reduced commission, but Betfair often provide you with only the Reduced Commission, which is simpler process.

If You Miss E-mail Notice;

Alternatively, you regularly check Betfair Promotion section like below. And whenever you find the reduced commission offer, try to Opt-In (as long as you’re eligible, usually you are even your account is restricted, you are supposed to opt-in successfully);

Betfair Exchange Reduced Commission Promotion page

That’s it and Start enjoying the Reduced Commission.

If You Are Not Yet Betfair Account Holder

See the best sign-up offers 4 Best Betting Exchange Sign-Up Offers with Cash Extraction Process. Probably the best offer at this moment in time is GBP100 Free Bet

Betfair Best Welcome Offer
Betfair Best Welcome Offer

Cashback Offer

Alternatively, you may also want to check Cashback Offer which allows you to get additional cashback while receiving Betfair Original welcome offer. Usually, you can find the cashback like the below TopCashback one;

Betfair TopCashback Offers

If You Reside in Where Betfair Is Not Available

See Betfair Alternatives For People Who Can’t Access Or Seek Better Options, which includes Betfair White Label providing you with Betfair’s equivalent Price & Liquidity;

betfair alternatives post feature image

If You Look For Completely 0% Bet Exchange Commission

Check Matched Betting Software – 4 Best Offers & Deals, where you can find how to obtain 0% Commission Status of 3 Big Betting Exchanges of SMarkets, Matchbook & Betdaq;

  • SMarkets – 0% Commission from Extended up to 30 Sept 2019
    oddsmonkey review, smarkets no commission
  • Matchbook – 0% Commission Extended up to 31st Jan 2020Oddsmonkey Matchbook 0% Extension to 31 Jan 2020
  • Betdaq – 0% Commission Started 3 Dec 2018 and will end 30th Nov 2019Betdaq Oddsmonkey Zero Commission Nov 2019
 

Betfair Reduced Commission Wrap Up

Let me summarize what we discussed here;

 

  • There are a few methods that allow you to make guaranteed profits using Betfair & other bet exchanges
  • Betfair offers you Reduced Commission regularly which you should not overlook
  • Make sure you set Betfair Account that enables you to receive offers including Reduced Commission automatically
  • Don’t Give Up Betfair if you reside in the countries where Betfair is not available
  • Be aware the Unknown Method of Receiving Absolutely 0% Commission of Betting Exchanges

GEM Basic Strategies

Stop Gambling

Many people automatically believe Betting = Gambling. No, it’s Not Correct, gambling is to play games of chance for money. We Do Betting Activities for money But We Don’t Count On Chance. Instead, we do 6 Advantage Plays based on mathematical edge to beat the bookies, casino & bingo. We can rake those bonuses in real cash without (sports betting via matched betting) or with very limited (casino & bingo) risk. With that said, one of our policies is ” Betting On Luck Is For Losers, Stop Gamble Betting But Bet on Only +EV (Expected Value) To Win Reliably”. It is effectively our way to promote Responsible Gambling. And we strongly support GamCare being explained in about us.
As our name GEM (Global Extra Money) implies, we strive to help Our Readers From All Over The World to Make Extra Income Consistently & Reliably.

 

GEM

No Income Tax

Our Advantage Plays provides absolutely risk free or limited risk in long-term, but yet categorized in Gambling. And in the UK & Ireland, any winnings from gambling are No Tax. Even if you are considered as Professional Gambler who rely on gambling for living, you will be exempted from taxation, which is clearly defined by HMRC Internal Manual eaning of trade: exceptions and alternatives: betting and gambling – the professional gambler.
For outside UK, there are many jurisdictions that apply the same rule as UK & Ireland, for details, take a look at How To Make Money From Offshore Sports Betting With 3 Advantage Plays, which is being explained in the next section.

GEM

Advantage Plays For International Players

You may have already started at least 1 advantage play, most probably matched betting or sports arbitrage. However, just in case you have not, and are wondering if you can pursue such advantage gambling online from your country (because it’s one of the common inquiries we receive) , strongly suggest take a look at How To Make Money From Offshore Sports Betting With 3 Advantage Plays. In this document, 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.
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 profit from matched betting, see the above report for full details.
More importantly, it also covers our progressive approach of our 3 advantage plays, which is relevant to the tactics to avoid being gubbed, or after being gubbed because we include how to use offshore bookies that never restrict account (these points are of course covered in this report as well).
Very useful, worth your 10 minutes reading.

GEM

Trustworthy Bookmakers

All the bookmakers we list not only in this article but also in our entire site are needless to say legitimate and being 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 wrong doing. However, too much winnings could cause a big headache for everybody such as Bet365 over £1m payout Megan McCann court battle, so Be Modest, Just FYI.

GEM