Betfair Exchange Offer 2% Commission In August
August 7, 2017
When matched betting, the choice of which betting exchange to use often comes down to how much they charge in commission. This is where Smarkets usually has the edge over their closest competitor Betfair Exchange, as the former offers a 2% commission rate as the norm while the latter charges 5%. To counteract this, Betfair Exchange are offering a 2% commission rate throughout the month of August, on any bets placed on Premier League Match Odds markets.
As much as the promotion is to compete with their exchange competitors, it is also a celebration of Premier League football making its long awaited return. For normal punters and matched bettors alike, it has been a long summer without having England’s top flight to bet on. In the first month of the season, there are 30 Premier League matches scheduled to take place, meaning that you will have plenty of opportunities to take advantage of the 2% commission offer.
Once you have opted in to the offer and placed a relevant exchange bet, you will originally be charged at the normal Betfair commission rate but there is no need to worry, a cash refund will be credited back into your account within 24 hours which will be calculated as if you paid 2%.
More Markets, More Liquidity
As matched bettors, we end up placing a large amount of exchange bets. As Betfair has the most markets and often the most liquidity in comparison to other betting exchanges, it is an excellent option. With the addition of the 2% commission promotion for August, Betfair Exchange is made even more attractive. A lot of money can be saved, particularly if you are completing matched betting offers that require large lay stakes, as there is no maximum refund you can receive.
When completing offers listed on MatchedBets.com, you will also be able to easily edit the matched betting calculator to show a 2% commission rate for Premier League Match Odds markets on Betfair, making completing the offers and saving extra money a breeze.