Betfair Reduce Commission to Just 2% for August

The Premier League summer holiday is almost over so matched bettors can start looking forward to an even larger range of offers available. If you’re new to matched betting then you can find out more here.

Arsenal kick off the 2017/18 season hosting Leicester City, the 2015/16 champions, in the first game on Friday. To mark the start of the season Betfair are offering customers the chance to reduce the commission they pay from 5% to 2%. This promotion is only available for English Premier League Match Odds during August.

The commission will be charged at the usual rate of 5% when our bets settle. We’ll then receive a rebate in cash, added back to our account within 24hrs to account for the reduced commission. It’s important to note we must opt in to be eligible for this reduced commission rate on the Betfair Exchange website.

Betfair or Smarkets?

Both Betfair and Smarkets are great options for placing our lay bets. They’ve both got great platforms and a huge range of markets available.

The main reason that we suggest members at The Sure Bettor use Smarkets is due to their low and flat commission rate of just 2%. All betting exchanges charge a commission on winning bets therefore it’s important to maximise our profit by reducing the amount we pay in commission. We place a large number of lay bets using matched betting which is why we suggest members use Smarkets.

Betfair are the bigger and older betting exchange with a larger number of people using their exchange platform which is why they are the ‘go to’ for more discrete markets or when the liquidity is too low at Smarkets. Whilst Betfair are offering this reduced commission rate we think it’s well worth taking advantage of this promotion.

How can we take advantage of this promotion?

To take advantage of this promotion all we need to do is find a sign up or reload offer, place our bets on a Premier League match market and use Betfair to lay our bets. Being a premium member at The Sure Bettor you’ll have access to all the latest offers along with an expert tutorial so you can maximise your earnings from each offer.

The matched betting calculator is already set to work out a 2% commission so there’s no need to make any changes when working out your lay stake.

If you need any more help with regards to this Betfair promotion or anything else just get in touch with us at [email protected]

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