If you’re looking for the easiest way to make money on Betfair, you might be in for a surprise. As you know, it’s up to the betting sites to impose their own rules regarding maximum bets and maximum wins. This is especially important to high rollers as they always aspire to maximize their winnings.
In online betting exchanges, including Betfair, you don’t place bets against the bookmaker but against other punters. With that in mind, there should not be a maximum amount that a punter can bet. But that is not always the case.
Betfair does things a bit differently as it states the maximum payout limits but does not have a maximum bet. Keep in mind that these limits depend on the sport, the current state of the market, and other conditions.
Take a look at the limits as they might interest you if you’re a high roller.
Football Maximum Payouts
The maximum payouts when betting on football depend on the leagues you’re wagering on. You can place a Betfair football multiples bet in the hopes of winning the maximum payout that Betfair allows.
Suppose you’re placing a wager on matches in the top divisions and competitions, such as the UEFA Champions League, English Premier League, World Cup, Bundesliga, etc. In that case, the maximum payout limit is £1 million.
Keep in mind that there are some market limits for these leagues and tournaments, meaning that your maximum payout can range anywhere from £10,000 to one million.
On the other hand, in lower leagues, like the Scottish Premier League, EFL League 1 and 2, UEFA Europa League, Olympic Games, African Cup of Nations Finals, CONCACAF Finals, Spanish Primera Division, EFL Championship, and others, the maximum Betfair payout is £500,000.
The same market limits apply for lower leagues as well.
Horse Racing Maximum Payouts
When it comes to horse racing, you can place a Betfair exchange multiples bet to try and maximize your chances of winning. The same principle applies to horse racing. However, with horse racing, there are substantial differences between the maximum payouts. Take a look below:
- UK – Classes 1 & 2 — £1,000,000
- UK – Classes 3 & 4 — £250,000
- UK – Classes 5, 6 & 7 — £100,000
- Ireland (all graded, group & listed races) — £1,000,000
- Ireland (premier handicaps & novice races) — £250,000
- Ireland (all other races not listed above) — £100,000
- All countries outside of Ireland and the UK — £100,000
Maximum Payouts on Other Sports
If you’re planning to place a Betfair exchange accumulator bet, you might want to know the other maximum payouts that apply to the rest of the sports offered on Betfair. Take a look below.
- Tennis — £500,000
- Golf — £500,000
- Darts — £250,000
- Snooker — £100,000
- Rugby World Cup — £100,000
- NBA Basketball — £100,000
- NFL American Football — £100,000
- Greyhound Racing — £25,000
- Non-NBA Basketball — £25,000
- Esports — £10,000
Other Betting Exchanges
Whether you opt for a Betfair minimum bet or you choose to take a look around others betting exchanges, you should know that your maximum bet should be the amount of cleared funds you have in your account minus your potential liabilities.
With that in mind, do other betting exchanges impose maximum payouts? Let’s take a look.
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Betdaq
There are no maximum payout limits on Betdaq exchanges. However, since Betdaq has an online casino as well, there are maximum payouts that apply there. For example, the maximum payout from multiple bets is £250,000 in one day. We haven’t been able to find any additional maximum payout restrictions on Betdaq.
Smarkets
Smarkets has a more interesting approach to payouts compared to its competitors. Firstly, the minimum stake is £0.05, while the maximum is £99,999.99 if allowed by the market. However, it is possible to bet more than this. All you have to do is split your stake into multiple smaller bets.
Matchbook
Matchbook does not stipulate any maximum wins or bets. However, you should note that the maximum payout per complete Multiple Bet is £7,500. This number relates to your winnings, excluding your stake.
Final Thoughts
There are many advantages to betting exchanges, including complete freedom over your bets, better betting odds, neutral betting opportunities, and many more. This also includes no maximum bet restrictions, which is highly important to high rollers.
It might not be of much significance to the average punter, but imposing low maximums is not only limiting but also damaging to both the operator and the punter. After all, if the market can support it, the punter will always be able to find another operator willing to make all their maximum payout dreams come true.