Betfair Alternatives For People Who Can’t Access Or Seek Better Options

29/07/2018

Are You Looking For Betfair Alternatives Because Your Country Access Is Prohibited Or You Want Additional Bet Exchange (s)? We Show You The Best Solutions To Meet Each Demand.

Firstly, many people automatically think Betting = Gambling. Big Misconception. We do bet but don’t count on luck. Instead, we do 6 Advantage Plays based on mathematical edge to beat the bookies, casino & bingo. When it comes to the Sports Betting, we use Matched Betting / Sports Arbitrage / Value Bets On Proven Tipsters to lock-in profit or consistently earn extra income for long-term. With that said, one of our policies is “Betting On Chance Is For Losers, Stop Gamble Betting But Bet on Only +EV To Win Reliably“, and it is effectively our way to promote Responsible Gambling, and we strongly support GambleAware being explained in about us. As our name Global Extra Money (GEM) implies, we would like our readers to exploit such reliable money making opportunities in worldwide. And providing solutions for Betfair Alternatives especially for those who can’t access to Betfair is part of our efforts to achieve that vision.

Global Application

Relating to the worldwide application, we have issued How To Make Money From Offshore Sports Betting With 3 Advantage Plays,  where you will find the specific methods that enable people from almost all countries to exploit the lucrative offshore advantage gambling opportunities you may have overlooked. Very useful, so suggest take a look if you haven’t done that yet. It’s worth your 10 minutes reading.

As a side note, 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 the advantage plays, see the above report for full details.

Betfair Alternatives Caution – VPN (Virtual Private Network)

For those who can’t access to Betfair because of you live in the country Betfair don’t operate, this is an important caution. Some betting advice sites or forum suggest VPN access to sign up Betfair. Yes, you may be able to physically access, register & bet. However, Betfair’s KYC (Know Your Customer) policy will enforce you to verify your account with ID (Passport / Driving license etc), Address Proof (Utility Bill, Bank Statement etc) & possibly Deposit Method Proof (Credit / Debit card Both Side).

They may ask for it right after registration or may not ask until you start withdrawal, depending on individual case. In any case you fail to verify, your account will be suspended & your winnings could be confiscated, which is a disaster. So, don’t believe rogue site’s unfounded story lightly. Unless you have a reliable person who allows you to use the above personal information willingly (probably only immediate family or extremely close friend), you’d better forget about this approach.

Instead, see our solutions later in this document.

If you have such reliable source then you need reliable VPN. Based on our members’ feedback, this VPN is supposed to be the best from the viewpoints of the strongest security, high speed, versatility (accessible countries) & cost – they periodically run discount promotions, so check.

Betfair Alternatives – Agenda

We cover the following topics in this document;

Betfair & Betting Exchanges Are Essential For Advantage Plays

Since you’ve come to this page, you may understand what the betting exchange & Betfair is. But, just in case, let me quote Betfair’s explanation about the exchange as;

It is a peer to peer betting to match two people with complimentary interests, which effectively offset bets. In other words, we can cover all outcomes of the events by placing back bet (like Win) at traditional bookmaker while placing a lay bet (Not Win) at betting exchange conveniently. This is a very easy way to hedge risk completely. Therefore, we can turn the gambling into risk-free or profit guaranteed trading. Besides, the odds are usually far better than traditional bookies because they are determined by pure supply & demand among the players.

What Are The Direct Benefits For Each Advantage Play?

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

As you see, the Best Betting Exchanges are essential to construct profitable advantage plays.

Betfair As The No.1 Betting Exchange

Betfair is the world leading bet exchange providing;

Please note that liquidity is a very important factor to assess betting exchange. Liquidity is a measure of the amount of money which is being bet on that event. Betting exchange is Not against Bookmaker But Peer To Peer. If participating players are not there or limited, you will face real risk that you will not get your bet matched at the odds you want. Remember you can only take what is there.

What Are The Problems & Who Need Betfair Alternatives?

So, what’s wrong with Betfair?

Now, let’s get into our key subject in this report – Betfair Alternatives!! Why & Who Need Them? There are 2 key issues related to Betfair;

Betfair Commission By Country

The current Betfair commission, called MBR (Market Base Rate) are;

Betfair Operating Countries

You can find if Betfair is available in your country by checking Betfair Site Availability Around The World Wiki;

2 Groups of Seeking Betfair Alternatives

Then, naturally, there are 2 groups who seek for Betfair Alternatives;

Let’s see the solutions for each group.

Betfair Alternatives Solution For Those Who Want Additional Exchange(s)

I assume many of you who already have Betfair account and come to this page may be aware of the other betting exchanges. But in case you have used only Betfair so far, it’s a good opportunities to expand your options with much lower commissions.

3 Other Big Betting Exchanges

There are 3 other established Bet Exchanges sites like Betfair, which are Betdaq, SMarkets & Matchbook.

Latest Commission

The below commission rates apply to all the jurisdictions each exchange operates;

For full details of the 4 Bet Exchanges, please go Bet Exchange – Ultimate Guide To Use Betfair & Competitions Most Profitably, where you will find the smart Sign-Up tactics including the ideal sequence of opening the account that will fit advantage players’ best interest.

If you know all of these details but not yet opened any of them and If you reside in the countries where you can sign-up directly, go 4 Best Betting Exchange Sign-Up Offers with Cash Extraction Process.

For Those Who Can’t Access To These 3 Exchanges

For those who can’t sign-up directly due to the country restriction, you can use bet brokers. Please take a look at Honest Opinion About Bet Broker & How To Use Them Safely & Smartly for full details. Generally speaking, the bet brokers we list there provide good accessibility & full capacity usage especially for Matchbook & Betdaq but have certain limitation to Betfair. That is one of the reasons we decided to issue this separate report focusing on the Betfair Alternatives.

Alternatives Solution For Those Who Can’t Access To Betfair

Betfair restrict many countries due to their own company policy & business interest. However, Betfair have started actively exploring missing profit opportunities in those restricted countries by providing White Label solution. Means people can enjoy exactly identical Befair platform under re-branded site. It’s typically described as “Powered By Betfair” in the site where Betfair white label approach is used.

We share 2 companies that use Betfair white label as follows;

Bet-Football

Bet-Football is a bet broker, thus I originally listed in my Bet Broker review page. However, I think its core benefit is Betfair white label – Orbit Exchange, therefore I moved it into this document.

BET-Football is licensed & operated in Montenegro under the company name of Bet-Football D.O.O. They described their strength as “We believe we provide the ultimate one wallet service with a wide variety of accounts, fast and easy deposit / transfer / withdrawal options with excellent customer service.“.

Key Features

Service Options

A Few Comments

• One of the largest strength is obviously the Orbit Exchange, it provides the largest market coverage & liquidity as a white label of Betfair.
• Bet-Football.com is relatively new (since June 2014) in the bet broker industry. However, as the site footer shows;
  www.bet-football.com is licensed and regulated by the government of Montenegro. E Gambling Montenegro d.o.o. (Podgorica, Moskovska br. 65., reg. no. 5-0615951) hereby certifies that under the concession (serial no. AA 0546, numeric no. 117-01/12) and approval (no. 02/01-376/3), organize and operate games on chance in Montenegro on website www.bet-football.com, in accordance with the Agreement on management and financial cooperation, concluded between E Gambling Montenegro d.o.o. and Bet-Football Limited d.o.o. d.o.o. (Podgorica, Cetinjski put bb, reg. no. 5-0696241, TIN: 02992426-302) on 6 June, 2014. More details about the license, E-gambling Montenegro and handling of complaints: www.e-gambling.me Bet-Football
  , they seem to be quite rigorous about the business operation.
• We have communicated with the manager over the phone and got the impression that they are very keen to make the right things in the right way as a legitimate company. They adhere to all the regulations strictly and we felt the level of professional morale is high, thus reliable.
• They charge no fee on their entire service.

21Bet Exchange

21Bet is a new bookmaker (including 21Bet Casino) started in March 2016 and is licensed by the UK Gambling Commission (UKGC). It has quickly gained popularity with a lot of promotional offers including 21 bet sign up offer;

They launched 21Bet Exchange in 2017; I have made a brief Q&A via email with 21Bet Affiliate Manager, Alex Drummond, which will give you a quick 21 Exchange & 21bet review / snapshot;

Key Basics

1) What’s your strategic vision & objective for creating exchange on top of your existing sportsbook service?The objective of creating the exchange was to give the players a chance to have all possible betting choices on one platform and play not only against the house, but also against other players. They can be bookmakers themselves, which gives a new edge to the job

 

2) What’s the biggest advantage or the biggest competitive edge over your competitions such as many bet brokers that provide Betfair or other betting exchange API or mirror site? Please list / explain as much as possible. Our biggest advantage is the better commission level that we have for most countries – as far as I know the original Betfair has 6.5% commission while we have 5%. In addition we are the only white-label exchange product that has a new scoreboard for most of the matches that are offered for live-betting  – our scoreboard is even better than the one the real Betfair has.

(the below screenshot shows what Alex refers to);

 

3) Conversely, what are your weakness over the competitions or any points you want to improve down the road? The only weakness that I see for now is the inability to integrate the exchange arbitrage tools that punters use as white-label platform does not support such tools for now (the ones like BetAngel etc.). Nothing more that I can think of as weakness!

Further details;

1) License & Regulation: Licensed in Malta & Curucao

2) Customers’ Fund Protection (any segregation of the customer fund from your business expense?): All funds need to be within our Betfair Super account in order for our players to wager and so we send these on directly.  

3) Contact (address / tel # etc): The company address is Viktra Business Limited, Kemp House, 160 City Road, London, EC1V 2NX. Tel Number, – XXXXX (My personal number)

 

4) Restricted Countries:  For the Exchange: Australia, Bulgaria, Canada, Cyprus, Czech Republic, North Korea, Denmark, France, Gibraltar, India, Pakistan, Sri Lanka, Bangladesh, Iran, Malta, New Zealand, Portugal, Romania, Spain, UK, and USA.

5) Minimum Transaction & Cost: Min Transactions are $10/£10/€10 or currency equivalent. There is no charge for the first transaction each week, any transaction after that is at 5%. 

6) Minimum Stake per Bet: $4/£2/€2

 

7) Fee / Charge To Client –  A variation of Betfairs Premium Charge. and is quite straightforward

 

You pay 5% basic commission as standard and once you breach the threshholds below you pay this in addition to that base 5% depending on your gross win.

 

Lifetime Gross Profit € Premium Charge added to commission

• 0 > 5000 0%
  
• 5001 > 10000 5%
  
• 10001 > 15000 10%
  
• 15001 > 20000 15%
  
• 20001 > 25000 20%
  
• 25001 > 30000 25%
  
• 30001 > 35000 30%
  
• 35001 > 40000 35%
  
• 45001 > 50000 40%
  
• 50000 > 45%

Q&A With 21Bet Alex Drummond

Issue & Solutions

A Few Comments

RebelBetting, the largest Sports Arbitrage Software, lists 21Bet as ++ Rating (it’s a rough indication of how useful the bookmaker is with RebelBetting. ++ is the highest. Empty is neutral.) as below;

However, remember the caution of gubbing. Once you start advantage plays in 21Bet Exchange, don’t bet in 21 Sportsbook for safety.

BTW, Simon Renström, co-founder of RebelBetting wrote to me regarding the arbitrage opportunity between bookmaker & exchange (for this particular subject, take a look at Arbitrage Betting – The Ultimate Guide To Extend Matched Betting Profits With Exchanges) and 21Bet Exchange as follows;

Indeed, this is one of the more common combinations. We will add a new Betfair clone, 21Bet Exchange soon, that will work in most countries where Betfair does not operate.

E-mail Correspondence with RebelBetting

Just FYI.

Betfair Alternatives – Conclusion

Let me wrap up;

Hope these information will help you expand sure bet options.

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