What Is A Bet Broker?
A bet broker, also known as a bet brokerage, bet agent, or sports broker, provides you with a single account that enables you to select & place the best odds from multiple offshore bookmakers & betting exchanges such as;
Bet Broker acts as a middleman between you and offshore bookies and claims that you can bet Anonymously & Securely which invites several cautions, therefore, go through our guide carefully before taking any actions.
Are Bet Brokers Legal & Safe?
One of the most popular questions is Are bet brokers legal? or Isn’t it illegal to access foreign gambling sites, is it?
Firstly, in countries including the UK where online gambling is legal, nothing is wrong with using offshore bookmakers as long as they accept your geographical location.
When it comes to the license of bet brokers, most of them (at least the brokers we list here) are regulated by the authorities in each jurisdiction they register.
However, only these facts don’t ensure any safety. Unlike the established giant bookmakers, many of the betting brokers are SMBs (small & medium-sized businesses) and poor management will quickly lead to disaster.
A typical example is the Samvo Group. Samvo bet broker (Samvo Bethub) held licenses with the United Kingdom Gambling Commission (UKGC) and the Curacao Gaming Commission, which means Samvo was the UK Licensed bet broker but suddenly closed down in late 2017, just FYI.
For further details regarding the security, see the Bet Broker Cautions section later in this guide.
BTW, there is no UK Licensed bet broker currently except Sportmarket obtains IMO – an Isle Of Man license but does not accept UK players, and there are only Asianconnect & Eastbridge/VODDS that accept UK residents.
However, all the Bet Brokers we list here accept Australian & Canadian punters, just FYI.
What are the benefits of a Bet Broker and Who should use it?
Four Important Benefits
There are four distinctive benefits you can expect from a bet broker as follows;
Who Should Use Bet Broker Service – 2 Groups
Broadly speaking, bet brokers can meet the demands of the below 2 groups;
- Professional & Semi-Professional Punters who want to access Sharp Bookies (aiming to seize sports arbitrage opportunities or value bet on proven tipsters/systems/software without worrying about account limit/restriction for the long term).
- Those who want to reduce the commission of betting exchanges or can’t access the betting exchange.
Note: The market you can access in the betting exchange via bet brokers is basically not a “Lay market” but only a “Back market”. So, for those who seek Lay betting (aiming to capture missing matched betting opportunities, etc), go to the Betfair Alternatives guide where you will find Betfair Whitelabel details.
If you belong to one of these or both groups, it is worth reading this guide up to the end.
We sent a list of questionnaires to each of the following bet brokers. Based on the outcomes of the subsequent correspondences including the detailed interviews with the person in charge, we split into 2 groups, which are Fully Satisfied (Most Trusted) & Disappointing Response (Least Trusted).
List of Most Trusted Bet Brokers
BetInAsia was founded in 2011 and looks to expand its share steadily thanks to an outstanding and fast dedicated Customer Support service as a “Bitcoin-Friendly” brokerage.
BetInAsia Key Features
- License & Regulation: Yes & Regulated by CGCB (Curacao Gaming Control Board) with License #: 365/JAZ & Sub License #: GLH-OCCHKTW0710132018
- Customers’ Fund Protection: They answered “CURACAO GAMING LICENSE binds us to operate in a secure way and holds us accountable” and their T&C says “Subject to the prior provisions of this section, our entire obligation to you for any loss or damage arising in association with this Agreement shall be restricted to the lesser of the number of fees actually received from you in the previous six months, or five thousand pounds (£5,000.00).”
- Contact: Avlonos, 1, Maria House, 1075 Nicosia, Cyprus
- Restricted Countries: the US, UK, Sweden, France & Austria
- Bookmakers Covered: Pinnacle, Singbet, BetISN, SBObet, MAXbet (Former IBC Bet), 18bet, RedZone and JAbet.
- Betting Exchange Covered (commission): Betfair (3%), Betdaq (3%), Matchbook (1.75%), Smarkets (1.375%) & Molly Exchange (2%) – Note that all available bets are basically Back bets except Molly Exchange that offers Lay bets.
- Betinasia offers Betfair White Label – See Betfair Alternatives – Select The Best Option To Suit Your Unique Needs for further details.
- Fee / Charge To Client: None
- Payment Method: Bank Wire, Credit/debit cards (Visa, Master & Amex), E-Wallet (Neteller, Skrill & EcoPayz) & Crypto (BTC, ETH, ADA, SOL, XRP, LTC, USDC & USDT)
- Minimum Transaction & Cost: Depositing is free of charge except for credit cards (3%). The minimum deposit is €100 or the equivalent in other currencies. The minimum withdrawal is €100 as well. For all payment methods, except Bitcoin, Litecoin, and Ripple, one free-of-charge withdrawal every 30 days. All other withdrawals within the 30-day period will cost 2% of the withdrawn amount. The 2% fee applies to all withdrawals with Bitcoin, Litecoin, and Ripple.
- Minimum Stake per Bet: €5 except for the Skype betting service, where the minimum bet is €1.000.
BetInAsia Service Options
A Few Comments about BetInAsia
- BetInAsia is proud of the excellent customer support & instant handling of the fund deposit/withdraw requests without fees – withdrawal payout is always instant & flawless, usually within an hour.
- BLACK as a white label of the Mollybet platform is an easy-to-use, multi-channel interface showing real-time updated best odds so that users can place aggregated orders at the highest liquidity in milliseconds. This solves many problems associated with poor liquidity, price movements, and manual execution errors. Now, the Accumulator bets option is added and this feature is also available in the BLACK mobile version.
- A low minimum stake is beneficial for small bettors, moreover, its high limit stake is obviously fit for high rollers & professional bettors. We understand that for large syndicate and professional punters, BLACK offers two APIs Pull API & Push API, which makes it possible for the customers to use different algorithms and betting tools to automatically place their bets.
BetInAsia Special Offers
BetInAsia provides all GEM readers with 2 choices of offers, select one from;
Asianconnect88 is one of the oldest bet brokers, established in 2002. They are licensed & operated in Curacao Netherlands Antilles. Several people among our members have been using Asianconnect for many years and all of them gave us quite positive feedback including flawless quick payment processing.
Asianconnect Key Features
- License & Regulation: Yes & Regulated by CGCB (Curacao Gaming Control Board)
- Customers’ Fund Protection: They answered as “The gaming license requires us to hold sufficient funds in our bank accounts to honour all customer winnings.”
- Contact: Asianconnect N.V. Dr.M.J. Hugenholtzweg z/n UTS-Gebouw Curaçao, Netherlands Antilles Tel 44 203 289 5500 (Europe) / 63 917 805 3399 (Asia)
- Restricted Countries: the US, Philippines & Singapore – UK Players Accepted (need to use Cryptocurrency for deposit & withdrawal) and note the UK is geo-blocked, so use VPN
- Bookmakers Covered: Pinnacle / SBOBet / MaxBet (Former IBC Bet) / Bet ISN / Sing Bet – No Commission To Bookies Required. Note that Asianconnect also offers “Piwi247“, a platform style (like Asianodds), which includes Sportsbook (Pinnacle White-label), PIWIXchange (Betfair White-label with the lowest 2.5% commission) & Casino, and it’s supposed to be the best value product in this industry.
- Betting Exchange Covered: Asianconnect offers Betfair White Labels – See Betfair Alternatives – Select The Best Option To Suit Your Unique Needs for further details though, remember the above exchange included in Piwi247 still provides the lowest commission.
- Fee / Charge To Client: None
- Payment Method: Bank Wire, E-Wallet (Neteller, Skrill & EcoPayz) & Crypto (BTC)
- Minimum Transaction & Cost: Minimum deposit for all money gateways is €10, Asianodds account £/€50, & Skype Betting £/€150. The fee for Bank transfers, Bitcoin, Neteller & Skrill Deposits is Free. 1st Withdrawal every month is Free & 1% is for the subsequent withdrawals.
- Minimum Stake per Bet: £/€ 2 – 10 depending on each bookmaker
Asianconnect Service Options
A Few Comments about Asianconnect
- Asianconnect proves its reliability & stability from the fact that it kept providing a quality service for nearly 2 decades without any major problems. In particular, withdrawal payment is very quick, usually within an hour.
- Asianconnect is very responsive and you can always count on their reply within 24 hours.
- Low minimum deposit & stake per bet requirements are beneficial for small bettors.
- One of our members originally knew this bet broker in the interview done by ZCode (some of the info are outdated, thus use the info in my report here if you find any discrepancies). He said he had earned €45,000+ over the last 1 year from ZCode & asianconnect bookies mainly Pinnacle. BTW, on this occasion suggest seeing the ZCode Full Review, which is probably 1 of the best betting system of the US 4 Major Sports. For this particular betting tactic, you may find “Safe & Proven Model to Earn €/£/$1,500 Every Month“
- We also suggest Asianconnect as a RebelBetting bet broker – see RebelBetting Value Betting & RebelBetting Matched Betting.
AsianConnect 1st Deposit Bonus
asianconnect just increased the deposit bonus from 20% to 25% – Go T&C (this link will automatically fill in the promotion code, so you are all set);
BET-Football broker is licensed & operated in Montenegro under the company name of Bet-Football D.O.O. They described their strength as We believe we provide the ultimate one wallet service with a wide variety of accounts, fast and easy deposit/transfer/withdrawal options with excellent customer service.
Bet-Football Key Features
- License & Regulation: Bet-Football is fully licensed by E-Gambling Montenegro, with license number 0032 & reg. no. 5-0615951.
- Customers’ Fund Protection: They commented: “We are legally required to maintain sufficient funds to honor all customer deposits and winnings“. We also asked if the customers’ fund is segregated from their own business operation. They answered, “Yes as part of the license a basic requirement is to have all customer funds held in a segregated account.”
- Contact: BET-FOOTBALL LIMITED Cetinjskji Pu BB, 81000, Podgorica, Montenegro Email: info(at)bet-football.com We also have Skype, Twitter, and a Facebook page
- Restricted Countries: UK, France, Turkey & USA
- Bookmakers Covered: SBO, Pinbet88, ISN, Maxbet, GA, Sing, 1bet, 18bet and M8, Mollybet, and also 3ET
- Betting Exchange Covered: Matchbook – 1.25% when Backing a selection and 0.75% when you add liquidity to their exchange.
- Bet-Football offers Betfair White Labels – See Betfair Alternatives – Select The Best Option To Suit Your Unique Needs for further details.
- Fee / Charge To Client: Their service is completely free.
- Payment Method: Bank Wire, E-Wallet (Neteller, Skrill, Astropay & EcoPayz) & Crypto (BTC)
- Minimum Transaction & Cost: Minimum deposit is €100. There are no fees to the clients when depositing and each customer gets ONE free withdrawal over €200 per working week (Mon-Sun) all others have a 1% fee and any withdrawal under €200 has a €2 fee.
- Minimum Stake per Bet: Each bookie has its own minimum bet size but the lowest is €2 and Pinbet has the highest at €26 when used directly or €10 when using Pinbet on Molly.
Service Options of Bet-Football
Bet-Football Broker Review A Few Comments
- One of the largest strengths is obviously the Betfair White Label (see Details), which provides the largest market coverage & liquidity.
- Bet-Football.com is relatively new (since June 2014) in the bet broker industry. However, as the site footer shows; , they seem to be quite rigorous about the business operation.
- We have communicated with the manager over the phone and got the impression that they are very keen to make the right things in the right way as a legitimate company. They adhere to all the regulations strictly and we felt the level of professional morale is high, thus reliable.
- They charge no fee for their entire service.
Eastbridge & VODDS
EastBridge Betting Broker was established in August 2014 and belongs to OLE Group, licensed and regulated by Curacao eGaming.
Eastbridge Key Features
- License & Regulation: Yes, regulated & licensed in Curacao
- Customers’ Fund Protection: They answered “Customer funds are all kept separate from each other and all under us alone, no customer funds are held with any bookmakers or other entities. I just have to be very honest and say that we are very well funded and that we do not need to delve into customer money for anything. However, you will just have to take our word for that and know that the reason we have been in this industry so long and work with so many big clients is that we believe that good settlement is key to long-term business. Our customers always get paid.”
- Contact: OLE Group Philippines, Inc. UNIT 8A MARVIN PLAZA 2153 Chino Roces cor Herrera St., Makati City, Philippines +63-5856488 [email protected]
- Restricted Countries: USA (UK Customers Accepted)
- Bookmakers: Pinnacle, SBObet, Singbet/Crown, and many more including Betfair (suggest use of Betfair Alternatives) & Matchbook via the VODDS platform
- Fee / Charge To Client: Nil
- Payment Method: Bank Wire, E-Wallet (Neteller, Skrill & Jeton – for UK customers, e-wallets no longer the option) & Crypto (BTC & USDT).
- Transaction Cost: Deposit & Withdrawal – No Charge, unless a minimum turnover requirement of EUR/GBP/USD 10,000 is achieved between withdrawals, 1.9% charge from Neteller / Skrill / Bank Transfer up to a maximum of EUR 25 or other currencies equivalent per withdrawal request.
- Minimum Bet: £/€ 2 – 13 depending on each bookmaker
Eastbridge Service Options
VODDS is a popular Asian handicap sports trading platform that enables punters to bet on Football, Tennis, and Basketball, offering aggregated real-time odds and limits from a comprehensive list of difficult-to-reach Asian bookies all from one single account. In Eastbridge, you will create a separate independent VODDS account, therefore we share all key information.
VODDS Key Features
- License & Regulation: YES, Regulated by CGCB (Curacao Gaming Control Board) under the Official Name of Ole Group International B.V. (Pareraweg 45, Willemstad, Curaçao), with License #150383
- Contact: If you prefer an immediate response, VOdds’ dependable customer service representatives are available to you 24/7 through our Live Chat / Email: [email protected] / Skype: vodds-support / WhatsApp: +639178372617
- Restricted Countries: the US, Philippines, and Singapore. UK customers & some other countries may face a connection difficulty – try HERE, if not smoothly connected then use a VPN.
- Bookmakers Covered: Matchbook, SingBet, GA268, SBOBET, BetISN, WLG, Pinnacle Sports, SBC, ShiBo, Betfair, and Penta8.
- Fee / Charge To Client: VODDS charges no fees for use of their services, nor do they charge for deposits/withdrawals. All customers will have 2 free withdrawals in a calendar month. Subsequently, customers will have to turn over at least EUR 10,000 in between withdrawals. If turnover is not met, customers will have to shoulder the 1% charge from EUR NETELLER/SKRILL with no cap on the maximum fees per withdrawal request.
- Minimum Transaction & Cost: EUR/GBP 5 minimum deposit. You can efficiently submit your deposit or withdrawal request within the platform. Funding options are SKRILL, NETELLER, Bank Wire, and Bitcoin which can be done as fast as 2 minutes. They also recently added Jeton Wallet and Tether. By May 2021, Ecopayz will be added as another funding option.
- Minimum Stake per Bet: Minimum stake depends on the sportsbooks’ minimum bet amount. For example, if SBO’s minimum bet is GBP 2, then VOdds minimum bet is GBP 2.