Alternative betting exchanges, Smarkets, Matchbook etc. : 21bet Exchange - Powered by Betfair

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Kai
Posts: 314
Joined: Tue Jan 20, 2015 12:21 pm
Location: Croatia

Mon Feb 19, 2018 1:35 pm

What's the deal with this new exchange? At first glance I see more money matched at Lingfield 13:45 and Wigan-City than at Betfair.

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gutuami
Posts: 1655
Joined: Wed Apr 15, 2009 4:06 pm

Mon Feb 19, 2018 4:51 pm

21Bet would like to announce its partnership with The World’s Biggest Betting Exchange, Betfair.

We are delighted to announce this news which will allow players from many countries to enjoy the liquidity of Betfair on our 21Bet Exchange Product.

We facilitate players from many regions with specialist language 24/7 support and Geotargetted sites in Swedish, Norwegian, Finnish, Polish, Russian, Japanese, Turkish, and Chinese as well as an all encompassing .EN site as well as specialist payment options for each of these countries.

21Bet are well established in the UK with a UK licensed brand and key partnerships with Wolverhampton Wanderers and Gloucester Rugby Club as well as being Shirt Sponsors of Waterford Town.

We are also licensed in Malta and Curacao and have a First-Class Sports book and Casino with many of the leading casino games providers.

We feel we will be able to provide a great service in order to facilitate your arbing action and would like to offer players who sign up Via the Arbusers forum an exclusive offer whereby they can enjoy a 3% commission rebate for the first 4 weeks of play (standard commission rate is 5%).

***UPDATE***From 18th November 21Bet have announced that there will be a premium charge amnesty for the rest of 2017 and potentially beyond***

We are under no illusion however and we know that this is one of the sharpest, if not the sharpest gambling community. Taking sports book bets from arbusers forum players will not be a profitable exercise and so we would like to make it clear that we do not welcome nor facilitate arbitrage, bonus hunting or multi accounting action in our sports book. We actively monitor such action and reserve the right to limit, stop or reject it. We understand that it is our exchange that adds value and bring profits to your business and we would suggest that you focus on it.

Also, we cannot accept players from the UK for our 21Bet Exchange product. English players will automatically be directed to our .co.uk site which doesn't have the exchange product available.

Edit***Please find a comprehensive list of those countries that we now do not accept players registering from, 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.

Premium Charges

21bet Premium Charges are calculated based on your lifetime gross profit and are added to market commission.
Your Premium Charges rate will be adjusted once per day if you enter a new range based on the table below.

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%

Regarding the commission rebates, these will be credited on a Monday morning as a cash credit for the week prior.

Please check the 21Bet exchange website for full terms and conditions

Kai
Posts: 314
Joined: Tue Jan 20, 2015 12:21 pm
Location: Croatia

Mon Feb 19, 2018 5:19 pm

Well that explains why I haven't heard anything about them until now, thanks. What an absolute joke :D
gutuami wrote:
Mon Feb 19, 2018 4:51 pm
Also, we cannot accept players from the UK for our 21Bet Exchange product. English players will automatically be directed to our .co.uk site which doesn't have the exchange product available.
"Oh yeah we almost forgot to mention, btw we cannot accept players from the UK because Betfair won't let us, so English players can fuck right back off to our .co.uk site."

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ShaunWhite
Posts: 3829
Joined: Sat Sep 03, 2016 3:42 am

Mon Feb 19, 2018 6:18 pm

Kai wrote:
Mon Feb 19, 2018 5:19 pm
Well that explains why I haven't heard anything about them until now, thanks. What an absolute joke :D

"Oh yeah we almost forgot to mention, btw we cannot accept players from the UK because Betfair won't let us, so English players can fuck right back off to our .co.uk site."
Joke? Seems a reasonable condition for a licensing agreement. Why would you direct business away from your core market.

The question is, if BF are sharing liquidity with 21bet, is that reciprocated and/or what's the effect of the underlying mechanism.

weemac
Posts: 346
Joined: Mon Sep 16, 2013 8:16 pm

Mon Feb 19, 2018 7:32 pm

Horrible reviews on google, a hideous premium charge, and the below was on the first google search page I looked at:

Please also be aware that other 21bet customers may have access to data that is faster and/or more accurate than the data shown on the 21bet exchange site. If you rely on this data to place bets, you do so entirely at your own risk.

No thanks.

Derek27
Posts: 3654
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

Mon Feb 19, 2018 7:42 pm

weemac wrote:
Mon Feb 19, 2018 7:32 pm
Horrible reviews on google, a hideous premium charge, and the below was on the first google search page I looked at:

Please also be aware that other 21bet customers may have access to data that is faster and/or more accurate than the data shown on the 21bet exchange site. If you rely on this data to place bets, you do so entirely at your own risk.


No thanks.
Betfair also have the same disclaimer and it will be the same everywhere. There is always someone with faster data access than you, unless you happen to be him!

maycontainnuts
Posts: 81
Joined: Wed Oct 10, 2012 5:58 pm

Mon Feb 19, 2018 7:54 pm

Interested about this no premium charge if not in the uk stuff

gianni
Posts: 8
Joined: Fri Mar 09, 2018 3:40 pm

Wed Mar 14, 2018 1:09 pm

Unfortunatly I am located in a closed territory (for both betfair and betdaq). So I would give them a try (even with this commissionstructure) if there would be a tradingsoftware available, which is not :cry:

Best regards!
Gianni

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