Introducing the 21Bet Exchange

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21Bet
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Introducing the 21Bet Exchange
« on: October 20, 2017, 04:57:34 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.

We are also committed to offer the best available service to members of this lovely community and we suggest that you use the referral links and banners of Arbusers forum, so you get additional discounts, bonuses and better rates in the future.

For full details and to sign up please click http://bit.ly/21BetExchange

Should you have any questions don't hesitate to get in touch, we will have a 21Bet representative on the forum to help with any questions that you may have.

Best Regards
21Bet
« Last Edit: November 29, 2017, 12:44:50 PM by 21Bet » Logged
21Bet
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Re: Introducing the 21Bet Exchange
« Reply #1 on: October 20, 2017, 05:21:12 PM »

Further to the above post and for full visibility here are details of Premium Rate charges Imposed to winning accounts.

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
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ilovethisforum
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ilovethisforum

Re: Introducing the 21Bet Exchange
« Reply #2 on: October 20, 2017, 07:13:41 PM »

Hello 21Bet,

can we use BetAngel with you or a similar software supporting betfair?
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21Bet
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Re: Introducing the 21Bet Exchange
« Reply #3 on: October 21, 2017, 11:17:33 AM »

Currently it isn't possible to use software such as Bet Angel on the 21Bet exchange but this is something we are working on and hope to have changed in the near future.

As soon as we have developments regarding this, we'll be sure to inform the forum.
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Alfa1234
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Re: Introducing the 21Bet Exchange
« Reply #4 on: October 21, 2017, 01:04:42 PM »

So...basically if you place 2 or 3 bets and your profit goes over 10k for that day you end up losing a bunch of profit with the premium charge?  Is there no minimum amount of markets or so before it gets implemented?

That makes in unusable for arbers imho...
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geomak
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Re: Introducing the 21Bet Exchange
« Reply #5 on: October 21, 2017, 05:04:21 PM »


For full details and to sign up please click http://bit.ly/21BetExchange


Hi

I made my registration through this link. Will i get the rebate? I want to add it in my calculations if so.

I tried through arbusers banner but it didn't redirect me to registration form
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geomak
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geomak

Re: Introducing the 21Bet Exchange
« Reply #6 on: October 21, 2017, 07:31:42 PM »


For full details and to sign up please click http://bit.ly/21BetExchange


Hi

I made my registration through this link. Will i get the rebate? I want to add it in my calculations if so.

I tried through arbusers banner but it didn't redirect me to registration form

One more thing to help me understand exactly, when you say 3% rebate for four weeks, you mean that essentially the commission will be 2% or 3% out of 5%=4.85%?
Sorry if the answer is obvious but my english understanding is not really good :)
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voodoo
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voodoo

Re: Introducing the 21Bet Exchange
« Reply #7 on: October 21, 2017, 07:34:08 PM »

If the 1st week is +10k, you add premium charge?
Is there any fee for deposits and withdrawals?
« Last Edit: October 21, 2017, 07:36:27 PM by voodoo » Logged
Arbusers
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Arbusers

Re: Introducing the 21Bet Exchange
« Reply #8 on: October 21, 2017, 08:23:14 PM »

I made my registration through this link. Will i get the rebate? I want to add it in my calculations if so.

I tried through arbusers banner but it didn't redirect me to registration form

Yes, you will. Send me the e-mail used for registration and will make sure you get it.
Thank you.
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21Bet
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Re: Introducing the 21Bet Exchange
« Reply #9 on: October 23, 2017, 12:45:54 PM »

Hello Geomak,

I can confirm that you did successfully register through the link and so will be able to enjoy the commission rebate exclusive to Arbusers.

Regarding the second query, thanks for raising it as other players may have also been uncertain.

We mean that we will reduce your commission rate for the first 4 weeks by a total of 3%. This means that at the outset you will be charged 5% but 3% of this will be refunded to you by way of a rebate (and so effectively you will be charged 2%). The reason we communicated it this way rather than saying '2% commission for the first 4 weeks' is because there is the potential for customers to have reached premium rate charges.
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21Bet
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21Bet

Re: Introducing the 21Bet Exchange
« Reply #10 on: October 23, 2017, 01:39:42 PM »

So...basically if you place 2 or 3 bets and your profit goes over 10k for that day you end up losing a bunch of profit with the premium charge?  Is there no minimum amount of markets or so before it gets implemented?

That makes in unusable for arbers imho...

Hello Alfa,

The premium charge will take effect the day immediately after winnings from settled bets exceed the amounts outlined.

I understand your concerns relating to subsequent bets placed if there are a number of unsettled bets outstanding but hopefully this will make the potential to arb a bit more manageable and realistic for you.
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DPG
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DPG

Re: Introducing the 21Bet Exchange
« Reply #11 on: October 23, 2017, 08:58:05 PM »


This sounds like one of the worst betting exchanges of all time.

Basically, it means lose money to us through arbitrage or else we will charge you a premium charge and so you can't bet with us.

2 or 3 winning bets at this exchange and you have to pay premium charges.
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sideprofits
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sideprofits

Re: Introducing the 21Bet Exchange
« Reply #12 on: October 23, 2017, 10:59:29 PM »

Basically, it means lose money to us through arbitrage or else we will charge you a premium charge and so you can't bet with us.

Welcome to betfair.
Do the maths. If you can stay under PC this exchange is fine as betfair is fine.
On the other hand 90% of the planet has no access to betfair and this is the best available option some people might ever have.
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ivy-fru
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ivy-fru

Re: Introducing the 21Bet Exchange
« Reply #13 on: October 24, 2017, 06:33:48 AM »

1) 5% of premium charge added to commission of 5% will give a total commission of 5.25% or 10% ?

2) is there a rebate on commission based on volume, like on betfair?
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kustef
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Re: Introducing the 21Bet Exchange
« Reply #14 on: October 24, 2017, 08:04:19 AM »

This offer is good for matched betting, for arb training and maybe for prematch trading.. There is some other websites that offer betfair odds ...
« Last Edit: October 24, 2017, 10:00:08 AM by kustef » Logged
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