How To Get 0% COMMISSION (Smarkets)

Описание: Taking advantage of 0% COMMISSION at Smarkets is a great way to boost your MATCHED BETTING PROFITS! Most betting exchanges charge 2-5% on winning lay bets, so reducing and eliminating commission can give you a significant increase to the money you can make.

Setting up 0% commission on your account is done in a few simple steps and that’s what we go through in this video, and explained further down in the video description.

This will only give you a boost to your profits. It’s still important to understand the fundamentals of Matched Betting, making sure you execute the technique properly and reaping the rewards for doing so.

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Previous video “What is a BETTING EXCHANGE?”:
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🕘 Timestamps:

0:00 - Introduction
0:29 - Betting Exchanges
0:47 - Betfair Exchange (5% Commission)
1:26 - Smarkets (2% Commission)
1:32 - Smarkets (0% Commission)
1:55 - Step 1: Sign Up to Smarkets
2:11 - Step 2: Sign Up to OddsMonkey
2:42 - Step 3: Opt-in to Smarkets 0% Commission
3:01 - Step 4: Link Smarkets & OddsMonkey Accounts
3:14 - Step 5: Place an Integrated Bet
4:12 - Check 0% Commission is Applied to Account
5:14 - Instagram: Matched Betting Offer Announcements
5:28 - OddsMonkey: Free Trial
5:37 - Outro

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🎥 Video:

Different betting exchanges charge different amounts of commission. The Betfair has a relatively large 5% commission. So if you had a winning £10 lay bet on the exchange, at 5% commission, the Betfair Exchange would take £0.50 in commission, leaving you with only £9.50 of the lay bet winnings. Commission charges aren’t a big deal. The profits we make from matched betting is so much bigger than anything we’d be charged in commission.

Smarkets have a 2% commission as the default. But we can one-up that, by getting 0% commission through Smarket’s promotion.

1. Sign Up to Smarkets
Sign up to Smarkets if you haven’t already. Smarkets usually have a new customer offer as well. At the time of recording, Smarkets have a ‘£10 Welcome Bonus’. So make sure you take advantage of that too.

2. Sign Up to OddsMonkey
To be eligible for the 0% commission promotion, you need to sign up to OddsMonkey as a premium member. The £17.99/month can seem like a lot, but this gives you access to so many guides, tools and commission savings. I go for the £150/year plan, because that works out a little cheaper (than £18.99/month), averaging at £12.50/month.

3. Opt-in to Smarkets 0% commission
Now we’ve got an account set up on both OddsMonkey and Smarkets, we can set up and opt-in to the Smarkets 0% commission deal. Find Smarkets 0% commission page, enter the same email you used to register with Smarkets, then hit submit. You’ll receive an email from Smarkets confirming that you have opted-in.

4. Link Link Smarkets & OddsMonkey Accounts
After opting-in, we need to link both our Smarkets and OddsMonkey accounts together. Head to OddsMonkey and on the Dashboard page, under Smarkets Settings, you’ll see a button that says “Link your Smarkets account”, click that button and approve the permissions.

5. Place an Integrated Bet
The final step, is to place an integrated bet. An integrated bet is where you can place your lay bet (on OddsMonkey), without actually having to open Smarkets. Open OddsMonkey’s OddsMatcher tool. From there click the ‘i’ button to open the calculator, Click ‘Show Calculator’ and fill in all the back and lay bet values. Once you’re sure that all the numbers are correct, place your back bet, and lay it off by placing the ‘Lay the bet’ button. Then confirming your lay bet.

After the lay bet has gone through, you’ll now have 0% commission at Smarkets!

Check OddsMonkey settings or Smarkets to check that you have the 0% applied.

At the time of recording, Smarkets ‘0% commission offer to both new and existing customers’ runs until 30th September 2020. But Smarkets have been extending their 0% commission continuously every single month, for the past 2 years. And I’ve been taking advantage of it, ever since. 0% commission will allow you to reduce your expenses and keep more cash in your pocket.

Enjoy beating the bookies, and making things more efficient with the 0% commission!

#MatchedBetting #OddsMonkey #TheFrugalife