Beat the Drop is a new sports betting product offered by Betfair, which you might have seen included in various promotions. If you're like us, it might sound like an exciting game, since you can win up to £1,000,000 depending on the size of your initial stake. But is Beat the Drop really as good as it sounds?
In this guide, we'll walk you through the very basics of this betting product. You'll learn what exactly Betfair's Beat the Drop is, how it works, and whether it's worth a punt.
What Is Betfair Beat the Drop?
Beat the Drop is a new betting game available on Betfair. The game revolves around betting on a series of yes-or-no questions. After each question, you get to keep however much you bet on the correct answer as your pot. At the end of the game, which can be anywhere between 10 and 20 questions, you get to keep whatever's left as real, cash money!
How Does Beat the Drop Work?
The idea behind Betfair Beat the Drop is simple. You start by choosing how much you want to stake on the game — the options are £2, £5, £10, £20, £50, £100, or £250. Depending on how much you stake, and how many questions you choose, you'll be given a pot of anywhere between £1,250 and £1,000,000. Then, you'll have to answer yes-or-no questions on upcoming football, esports, and other sports matches. These questions can be anything from "Will Bayern Munich win?" to "Will there be an odd number of goals?". There are usually a few questions to answer at any given time, but if you don't like the questions available, you can wait up to 60 days (from your last question) to see what else comes out. Another important point is that you don't just have to choose one of the answers.You get to choose how much of your pot to allocate to each answer, and you'll get to continue the game with however much you allocate to the correct one. Then, at the end of the game, you can keep whatever's left.
Who Can Play Beat the Drop?
All Betfair users can play Beat the Drop. If it's your first time playing, you may be able to claim a free game. The free game offers a pot of £1,000, with just 12 questions to answer. Otherwise, playing Beat the Drop requires a stake of between £2 and £250, which can give you a pot of anywhere between £1,250 and £1,000,000 depending on the number of questions you choose (the more questions, the bigger the pot).
Strategies for Beat the Drop
Now, you may be wondering whether there are any good strategies for Beat the Drop. In this section, we'll discuss a few potential strategies for you to consider.The most obvious strategy that comes to mind is to put half of your pot on each answer. That way, no matter what the outcome is, you'll walk away with half of your pot. Obviously, this sounds great if you're starting with a £1,000,000 pot: no matter the outcome, you'll have £500,000 for the next question if you split your pot between the two answers. Unfortunately, this strategy quickly falls apart after a few questions. For example, if you play a £1,000,000 game (which always has 20 questions) by splitting your pot between the two answers for each question, you'll find yourself walking away with a meagre 95p! Similarly, if you play the free, 12-question game (which has a £1,250 pot), you'll walk away with just 24p.
So, what other strategies are there? Well, you can try playing Beat the Drop by looking for sporting matches where the odds for one outcome are significantly in your favour. Then, you can place the majority (or all) of your pot on the favourable outcome. The only issue is that Betfair, and other bookmakers that offer Beat the Drop, usually ask questions with very neutral odds. One way to gain an edge is by keeping an eye out for news. If you look at the questions available on Beat the Drop everyday, and find great betting opportunities when ground-breaking news comes out, you might find yourself winning more bets than expected.
Other than that, a good Beat the Drop strategy is about knowing how to split your pot between the two answers. Let's face it, you won't always be right with the answer you choose, so you ought to put part of your pot on the second choice.Overall, there aren't really any guaranteed ways to make money with Beat the Drop. Since the game requires stringing together so many correct bets to make sense, it's a lot more attractive for casual punters (who are in it for the thrill, just as much as the promise of a profit) than professional sports betters.
Other Ways to Make Money with Sports Betting
If you're serious about making money with sports betting, we think there are better ways to do so than playing Beat the Drop. That's why we created Hinto, a sports betting algorithm that generates slow and steady profits by finding favourable betting opportunities. Our betting system relies on years' worth of historical sports data to look for underpriced football and tennis bets on mainstream betting exchanges. Other than Hinto, safe ways to strategically make money with sports betting include betting arbitrage and matched betting. Both strategies are designed to be low risk, and offer reasonable rewards in the long term.
Beat the Drop is a fun game offered by Betfair. By betting on a series of questions, the game allows you to win up to £1,000,000. Unfortunately, there aren't really any reliable strategies for making money with Beat the Drop, which is why we recommend taking the long term approach with betting arbitrage, matched betting, or a proven system like Hinto.