What is a betting broker and how to use them?
As a sports bettor, you may have come across the term bet broker (or ‘agent’ as they’re also called). In this article, you’ll learn what a bet broker is and how you can benefit from using them when sports betting. We’ve also compiled a list for you of some of the most popular and trusted bet broker services.
What is a bet broker?
Simply put, a bet broker acts as a middleman between you and the bookmaker in the process of placing bets. A bet broker will give you single-account access to multiple bookmakers at the same time and provide you with the best odds available on the market.
Why should I use a bet broker?
Using an agent or bet broker can let you access bookmakers that you are already limited on, or bookmakers that aren’t available in your country.
Not all bookmakers have a license to operate in every country, meaning you may very well be one of them that misses out on good bookmakers, like Pinnacle, simply because these bookmakers aren’t available for you because of where you live.
Using a bet broker you will also be able to place higher stakes and bet maximum limits across many bookmakers. This means that you can increase your earnings substantially.
And by using a bet broker you’ll have access to the best odds available on the market. You don’t have to pay as much commission (also known as vig, juice) as you would have, using multiple regular bookmaker accounts.
Another advantage of using a bet broker is that you’ll also get access to many of the big Asian bookmakers’ odds. Many Asian bookmakers aren’t accessible in other ways than via a bet broker. These bookmakers many times offer far greater limits that the regular bookmakers that you use outside the bet broker service.
With a bet broker account, you will access multiple bookmakers at the same time. This means you don’t have to spend unnecessary time moving funds across bookmakers. They will do all the heavy lifting for you!
How does a bet broker work?
A bet broker will provide you with accounts in various bookmakers. They act as the middleman between you and the bookmakers where you play in the bookmakers accounts, but the transactions are done through the bet broker.
Not all bet brokers work the same way though, but most common is that when you’re using a bet broker you will only have one account (that is, with the bet broker) from which you can place all of your bets. One thing all brokers have in common is, that using a bet broker, you’ll be able to take advantage of the best odds available for a given betting event across a range of bookmakers. This also means less administrative work, and you don’t have to spend unnecessary time to move funds from one bookmaker to another or have to keep track of multiple bookmaker accounts.
How do bet brokers make their money?
Bet brokers earn commission from bringing traffic to the bookmakers. Also, they usually don’t operate completely for free, meaning they will charge you for their services in one way or another. But many sports bettors feel like the cost associated with using a bet broker are fully worth it considering the many possibilities a bet broker service will bring you.
Depending on the choice of bet broker you will have to pay a fee, and/or commission. Some are charging fees for placing bets, while others apply other forms of charges. Bear in mind that there are also transaction costs associated with withdrawals and bank transfers to and from the broker (just like it is using a regular bookmaker).
Recommended bet brokers
Below is a list of the most reputable and well-known bet broker services in the betting industry. If you’re eager to get started using a bet broker, these are the ones to consider:
Sportmarket will give you access to some of the best known bookmakers in the business, and most importantly bookmakers that will not limit or close the accounts of long term winners. You will have single account access to a range of bookmakers and will be able to take advantage of the best odds available. Last but not least, they are fully integrated into RebelBetting, meaning you’ll access their odds fast and easy.
Sign up with Sportmarket and get 2 free weeks of RebelBetting Pro
Also, make sure to check out the Sportmarket Quick start guide
Integrated into RebelBetting: Yes
Bookmakers available via Sportmarket: Betfair, Betdaq, Ga288 (GalaxyBet),IBC, ISN, Matchbook, Pinnacle, SBO, Singbet, RedZone, Smarkets.
Minimum deposit: 250 Euro (or currency equivalent)
Minimum stake: 10 Euro
Additional information: Due to regulations, Sportmarket cannot offer betting with some bookmakers in certain countries.
RebelBetting is the first arbitrage service in the world to integrate this revolutionary bookmaker, which also acts like a bet broker. Using 3et you’ll get one-wallet access to the best odds available, with high limits. They offer comparable odds to Pinnacle, SBO, Maxbet, ISN, and Matchbook. 3et will allow you to place bets across a range of markets while spreading your total bet stake across a number of different bookmakers.
3et calculate your balance based on your total exposure within a given market rather than the total of your bets placed. This allows you to continue betting with funds that would otherwise be tied up.
They are fully licensed and regulated and they are not only a tool for connecting bettors to other bookmakers. All deposits and settlements are handled and controlled by them.
Sign up with 3et here
Integrated into RebelBetting: Yes
Bookmakers available via 3et: They offer comparable odds to Pinnacle, SBO, Maxbet, ISN, and Matchbook.
Minimum deposit: 200 EUR
Minimum stake: Requires a minimum stake of 100 EUR per bet
- Betting volume is calculated against the lesser of win (return) or stake amount for each bet.
- Due to automated odds and currency conversions, 3et will often match slightly less than requested. For example, you may request $200 and be confirmed $199.75. This is completely normal.
- 3et is not available for customers from UK, US, France, Spain.
Asianconnect (or Asianconnect88) is one of the most popular bet brokers that provides exclusive access to betting in Asia. They are well known in the industry and have been around for more than 10 years. Asianodds is the name of the betting platform of Asianconnect, which compiles real-time odds for many of the biggest online bookmakers. They also offer Skype betting, which is a service where traders will be the ones to place your bets through Skype.
Integrated into RebelBetting: No
Bookmakers available via Asianconnect: Pinnacle/Pinbet, SBObet, Maxbet, BetISN, Singbet, 9wickets, Orbit.
Minimum deposit: The minimum deposit to open a an account on any of the bookmakers they offer is 10 EUR on each bookmaker. As for Asianodds, the minimum deposit is 100 EUR and for Skype Betting platform, the minimum deposit is 150 EUR.
Minimum stake: Minimum 2-10 Euro stake depends on what bookmakers you bet with.
Premium Tradings Is a bet broker established by some of the pioneers of the online sports betting industry. They offer high limit accounts and lets you enjoy some of the best odds available on the market.
Using Premium Tradings you will be able to bet in many connected bookmakers with just one click. They also offer tools where customers can connect directly with traders, and by doing so, be able to get higher limits on their requested bets. Another advantage is that they offer bookmakers like Babibet, 1bet and 18bet, that cannot be found with other bet broker services.
Integrated into RebelBetting: No
Bookmakers available via Premium Tradings: Maxbet, SBObet, Pinnacle, 1Bet, ISNbet, GA268, Babibet, 18bet, Matchbook, 9wickets, Orbit exchange, Turf7, Citibet
Minimum deposit: 200EUR
Minimum stake: Minimum stake is different for different bookies. Stakes vary from 2 EUR to 15 EUR.