Competition between online bookmakers has never been more intense. This is great news for backers. More and more online bookies are offering a range of betting initiatives as they compete for your business.
Recent major golfing championships have seen early bird punters offered up to 8 places for the event. In football betting, some bookmakers double the odds on the first goalscorers if that player then goes on to score again, and in many sports, there are money back offers if your selection goes on to finish second to the forecast favourite.
It is the field of horse racing, however, where the special bets come into their own. Guaranteed best odds if the starting price is higher than the forecast price, enhanced place terms, and betting without the favourite are all offers of which you can take advantage. Some bookmakers refund your money if you back a faller in a hurdles race, others pay on both horses if a race is lost in the stewards room. The choice is almost unlimited, and it is well worth checking through our reviews to see what is on offer from each of the online bookies.
Multi-award winning Betfair offer so much more than the average Bookmaker - better odds, ‘Cash Out’ too protect against a potential loss, huge range of markets on wide variety of sports and a matched free bet up to £50 for new customers.
Internet betting exchanges are another option rapidly growing in popularity. The great thing about the exchanges is that you can request the price you want for a particular event, and if you don’t get it, your bet is not placed … simple. The exchange price is often higher than that offered by other online bookies, however, be aware that if backing each way, the price for the place part of the bet can sometimes be quite low. Betting exchanges also give you the ability to back against a result. Instead of needing to choose a winner as you would with a conventional bookie, the online exchanges allow you to lay a selection you think will lose and effectively act as the bookie yourself. Check out our guide on how betting exchanges work and reviews of the most popular ones to find the best online exchange sites.
It is unsurprising that most online bookies now offer a range of incentives to encourage you to sign up with their firm. Many offer to match your FIRST deposit, some with as much as £200. Some will restrict that free bet to a particular sport or event, some may require that you wager the full amount in one bet, while others will allow you to split the free bet in any way you like. Make sure you know what the requirements are for the free bet offers before you make your deposit.
When it comes to choosing an online bookie, the most important thing to do is shop around for value. Don’t be afraid to open accounts with more than one bookmaker. The more accounts you have, the more likely you are to get the best possible odds for your bets. If you need advice on where to start, don’t forget to read through our reviews, which should help you to make your decision.