Betconnect Review of Exchange Betting site and Free Bet

Betconnect Review of the New Betting Exchange site and How to claim the £50 Free Bet Match.

Betconnect Review

Betconnect Review of £50 Welcome Offer

Join Betconnect today to receive a nice welcome offer of £50 in free matched bets. All new customers at Betconnect are eligible for the free bets, although they’re not available for Pro Accounts. To claim the welcome offer, you need to make a deposit of at least £10. The bookie will credit the free bets to your account instantly. The best part of it all is that they’re available for withdrawals with no wagering requirements at all.

Any winnings accrued with the free bets will be paid out in full minus the free matched bet amount. The winnings will be available when you make your fourth Bet Request at the site.

How to Claim the Betconnect Welcome Offer

The free matched bets at Betconnect are available to new punters over 18 and are only available on your first 3 Bet Requests. They come free of any wagering requirements, with the winnings available to withdraw once you have matched your fourth Bet Request. Any losses you incur during the 3 bet request will be covered by the free matched bet up to £50 (in total).

Betconnect’s welcome offer of £50 will be credited as a bonus funds deposit. If you Match or Reject the first 3 matched bets, all remaining bonus funds will be stripped off your account.

Betconnect Review of Layout and Design

We have to say that Betconnect looks brilliant. It’s a breath of fresh air in terms of layout and design. Although it doesn’t reinvent the wheel, its clear design and the tendency to avoid sharp colors makes it look classy and simple without sacrificing functionality.

As a betting exchange, finding your feet at Betconnect shouldn’t be a problem. Click on Matched Betting and the operator will show you how to match a bet from your favorite bookie easily. The helpful videos are everything you need to get started and earn the free bets you’ve all been waiting for.

Betconnect Review of Betting Markets

Unlike online bookies, Betconnect is a betting exchange which allows punters to either follow or lay a pro. It works something like this – a Pro sends out a bet request to you which you can either Follow and make money from a bookmaker if it wins or Lay (bet against the Pro) to make money on Betconnect if the pro loses his bet. It may seem a bit of complicated, but betting exchanges such as Betconnect are very simple once you get to know them.

Betconnect offers a number of popular markets. As a relatively young betting exchange app, you shouldn’t expect that long of a list, though. You still get football, American football, tennis, basketball, cricket, boxing, golf, darts, and other markets to bet on. Since it’s a betting exchange, though, don’t expect to click on sports and get the offers right away.

As a punter at the site, you can place bets at your favorite bookmakers and match the Pro bets in order to qualify for the bookmaker offers without any losses. When you get a bet request, you act as the bookmaker. You have the option to Follow or Lay the Pro’s bet. In all cases, you’re essentially matching the Pro’s bet, so your Betconnect balance will be debited the liability of the bet. Next, head to your favorite bookie and place the same bet so you can break even at the very least or make a small profit.

Betting exchanges and matched betting are a pretty interesting and exciting way to place bets. Since there’s no bookmaker directly involved, you act as one when you get a bet request. This gives you a chance to at least break even or earn some money on the exchange. It’s almost a risk-free way of sports betting that takes things to a whole new level.

Betconnect Mobile Betting App

Since there are no sports and markets to pick from and the whole thing depends on bet requests which you can receive at any time, betting on the go is Betconnect’s priority. Calling itself the world’s first social betting network, it was expected that Betconnect would develop a mobile app. Available on Android and iOS, the Betconnect app makes the whole matched betting experience even simpler with the familiar layout and design from the desktop version.

If you want to bet on the go and get constant updates on how your selections are doing, Betconnect’s app is a perfect choice.

In-Play Betting

Unfortunately, Betconnect doesn’t offer live (in-play) betting. Since it’s a betting exchange and not your regular bookie, you don’t get in-play markets to bet on. Thanks to the unique experience, though, we strongly suggest giving it a try. It’s a whole new take on betting that’ll make you forget about live bets or any other type of bet for that matter.

Help and Customer Support

Reliability and perfect customer service is a priority for any operator nowadays and it’s not any different with Betconnect. You can direct any questions you might have to the customer support team via email or live chat. The friendly customer support team will be more than happy to help and get back to you as soon as possible.

During our Betconnect review, we noticed that the team is especially fast to respond via live chat. The average response time was something around 3 minutes. That’s as fast as it gets and will surely delight many punters.

Payment Methods

The banking options at Betconnect are fairly limited. You only get Visa, MasterCard, and bank transfer at your disposal – there are no e-wallets in sight. It’s a bit disappointing to see such a popular site restrict itself to using only a couple of payment methods, but we fully expect it to add more as it grows.

The good news is that it will only take 1-2 working days for the winnings to reach your account. That’s pretty fast considering the fact that the betting exchange doesn’t accept e-wallets. Visa and MasterCard are a much better option than bank transfer, so we suggest using them.

Betconnect Review Verdict

In general, we liked our time spent with Betconnect. The betting exchange app is a breath of fresh air in a bookmaker market that can feel a bit stale at times. Instead of offering hundreds of sports markets, Betconnect puts you in the role of a bookmaker thanks to bet requests and matched betting.

Licensed by the UK Gambling Commission, there’s no question about Betconnect’s reliability. It offers a safe and secure betting experience. This may be a departure from traditional online betting, but it’s a welcome change. With Betconnect, you get the chance to at least break even on all the bet requests you get. So Betconnect might be even more profitable than bookies in the long run.