When it comes to transfer betting, punters need to be aware of a few things — transfer betting is not as simple as just placing any other wager through a bookie. You must have some deep insight into what is available.
The bookies offering this type of betting often provide punters with specific markets relating to the transfer of a club or a league in general. Therefore, you must assess and analyse all the information and find the market you think is the most favourable.
To find the right market, visit the bookie of your choice and access the football betting section. In this section, you'll see another subsection for 'Special' where you'll find all the available player transfers you can bet on.
- Assess the information
- Find the right market
- Place a bet
Criteria for Choosing the Best Transfer Betting Sites
As promised, we shall introduce you to the top 5 best transfer betting online platforms. However, before we get to that, we will share the criteria we used to arrive at these five options. We assessed the potential of these operators based on a set of key features and characteristics that any punter should always watch out for when looking for a transfer betting site.
That said, it’s worth noting that the criteria we followed may not encompass everything there's to a transfer betting bookmaker. However, it provides you with what you'll need to make a quick comparison.
Ordinarily, some bookies may perform better in some criteria than others, so it's up to you to do some follow-up research to find the perfect match for your betting needs and preferences.
The criteria include:
- Markets offered
- Availability of a news section
- The odds and payout
- Bonuses offered on transfer betting
The Different Types of Transfer Betting Markets Available
For astute punters, you're probably used to being treated to a wide variety of sports betting markets. However, when you're looking to bet on football transfers, you may need to lower your expectations because the markets offered are fewer than normal football bets.
When comparing different sites, ensure all the possible player or manager transfer betting markets are offered. A reliable betting site will offer the following markets for punters to bet on.
Player Changes Team (Yes/No)
The simplest transfer market you'll come across is to bet on whether a certain player will go on a transfer during a specific transfer window. This wager only has two options; you can simply bet Yes or No.
Because of the simplicity of this market, the odds offered here are generally low — there's even a probability of this market getting suspended if there's heavy speculation.
This is a straightforward market that beginners can take advantage of with basic information on the transfer market. For advanced and perennial punters, you may opt to look forward to more interesting transfer markets below.
The Player’s Next Team
One of the most exciting markets you can get on is staking on a player's next permanent team. Here, you will choose a player’s next club. Different possible destinations will be displayed for you to choose from — they'll all have varying odds depending on the likelihood of a player moving to the club.
Naturally, there will be a favourite destination, but the transfer market is full of surprises. For instance, we all knew that Kylian Mbappe would move to Real Madrid during the 2022 Summer transfer window, only for him to sign a new contract with PSG.
If you can predict a player to move to a team other than the favourite, you'll win big if such surprises keep happening.
The Team’s Next Purchase
In this market, bookmakers will give you the option to bet on which player a specific team is likely to sign during a particular transfer window.
The bookies will give you a list of players when you select a team to wager on. You can then select the player likely to sign for this team during the transfer window. To increase your chances of settling on the right player, you need to keep an eye on the transfer rumours page.
To Break Transfer Record Market
Another option bookies should offer under transfer betting is the team that will break the transfer record within a designated period. You can have a great win here if you follow news about potential transfers involving high-profile players currently still on contract.
The News Section of the Bookmaker
Bookmakers with a news section make transfer betting a lot more convenient compared to those that don't have it. The news section helps punters make informed betting decisions because the transfer market is constantly changing, so you have a very short window to make a decision.
Most bookmakers provide this feature under the live betting section, but in its absence, some will have a blog section. It is important to stay on top of the news when it comes to transfer betting, which is why bookies that give punters the option to follow news through the platform score highly.
The Payout of the Bookmaker
Possibly one of the most significant deciders, a bookmaker's payout in transfer betting plays an instrumental role in your betting experience. The payout offered determines how much money you can make if you win your transfer bet with a given bookmaker. A higher payout signifies a greater win.
We calculated the payouts on transfer betting from different bookies, and this is what we found:
- Betway: 91.22 - 93.86%
- 888sport: 91.05 - 92.99%
- Sky bet: 91.15% – 93.78%
- Grosvenor: 92.14% – 93.12%
- Betfair: 91.01% – 92.90%
- Coral: 89.99% – 92.35%
- Ladbrokes: 90.02% – 92.74%
The Best Bonuses and Promotions
Nothing is more attractive in online betting than promotions and bonuses. You're probably accustomed to sign-up offers, leaderboard rewards and other similar promotions offered by different sportsbooks. What if you could also be treated to transfer betting bonuses?
We know that sometimes bonuses are restricted to specific sports. Finding a bookmaker that awards bonuses and allows you to spend them on transfer betting would be a great advantage.