On line bookies

[micmak]

If I open an account online.

A Do I use my debit card and enter an amount of money?

B Give them my bank details so they can take the money as I bet?

C Is there a minimum amount you can bet on each race?

D Who do you think is the best online bookie?

Thanks for reading my queries.

[dotty.]

just go into your local high street bookies and don;t bother online

[campbellking]

Do what someone did a couple of months ago and nick my card details, and spend £100 on William Hill on-line betting. Don't even know if I won...

[stokemaveric]

try bet365 mikmak...ive never had a problem with them and they norally give you £50.00 of free bets when you register...in fact it could be more now....

[micmak]

Cheers Stoke.

[stokemaveric]

no problem...just be careful tho [sorry i dont mean to sound patronising]...but it can be dangerous territory but im sure you will be....

[stokemaveric]

i just checked mikmak and its £200.00 worth of free bets if you open an online account..ill post some tips for you if you like lol...

[coke39294]

A. You can use your debit card to put money into their 'bank' i.e. your betting account by quick transfer, a minimum of £5.00 I believe
B. You have to give them your debit card details, but they will only take the money that is in your betting account, they don't take the money for the bet from your card
C. No
D. Coral Bookmakers is very good

[micmak]

No one has said whether you register your bank or card details.

Thanks about the tips stoke please do. Also do 365 have a minimum stake?

[micmak]

Thanks for that coke. We must have cross posted.

[joeluke]

You have to register your card details and deposit an amount to bet with (usually £5 or £10 minimum deposit). You bet with this sum (plus any possible winnings you may accrue), and whenever necessary add more funds to bet with.

Any winnings can be withdrawn from your account (back onto your card) at any time (usually takes 3/4 working days before you receive it).

Minimum amounts vary depending on the type of bet you are doing and varies from bookmaker to bookmaker.

I use Bet 365 as I find their odds among the best, and they guarantee the odds on any race in which you take an early price. i.e. if you take 5/1 as an early price and your selection returns at odds of 6/1 Bet 365 will settle the bet at the higher odds.

I also use Betfair a lot but that is a more specialist site, where you can not only bet on horses/teams to win but also to lose, and as someone has already stated there is a £2 minimum stake on Betfair. Odds are generally better on Befair than with traditional bookies because you are not betting with a bookie as such, but with other punters.

Hope this helps

[joeluke]

Just to add.......

Carefully read the terms of the free bets which bookie offer to entice you to set up an account with them.

It's usually along the lines of 'they will match the amount of however much your first bet is with them' i.e. if your first bet is a fiver they will give you a fiver free bet

[micmak]

It does help Joe. Thankyou.

[pilotlight]

mic,

A. -- Yes.

B. -- No.

C. -- Each bookie has different rules re this. i.e. Betfair have minimum £2; Bet 365 have no minimum.

D. -- I have several on-line accounts. Odds sometimes vary between bookies, also they advertise different ' offers '.
I tend to bet more with Bet 365, as they compare very favourably against other bookies, also, the website is very ' user friendly '.

Dont be misled into thinking that as soon as you open an account, you will have £200 of the bookies money to bet with. This is the way it usually works -- if you deposit £50 to open an account, the bookie will also deposit £50 into the account, £100 = £100 etc.

If you have never used a online bookie, or used a phone account before, it is advisable to be wary, as it is so easy to place a bet online that you may not have done, if you had to go to the betting shop.

Hope this helps.

[joeluke]

^ pilotlight

It's not your deposit that the bookie will match it's your first bet amount.......otherwise someone could deposit £200 into their account, have it matched with the bookies £200 and then immediately withdraw £400 from their account meaning they had earned the easiest £200 of their life!

The bookies ain't that stupid

[micmak]

Pilot and Joe, I am on a learning curve here. you have both been very helpful.

[pilotlight]

Joe,

Obviously, my wording regarding this matter could have been better,regarding the first stake, i.e. the word 'deposit ' replaced by 'stake', but the outcome is that if you open an account, the bookie will match - or better your opening stake.

Mic , please accept my apology if I misled you in any way. I'm quite sure that you wouldn't think that you could place £200 in an account with a bookie and take £400 out the next day.

[micmak]

No need to apologise Pilot I fully understood what you meant. Joe said the bookies are not stupid. Neither am I.