Before you open your Smarkets Account
Full guide to everything you need to know before you click the link and sign up.
Latest Smarkets Free Bet Offer - Full Details
Smarkets, as with most betting sites usually have a welcome offer for new customers registering for the first time to take advantage of. Free bets as incentives are becoming a rarity and full details of the current Smarkets welcome offer can be found below.
What is the Smarkets Sign Up Offer
The Smarkets sign up offer is an incentive to register a new account with the betting exchange. Usually, a small deposit after registering your new account details, will get you started but the terms and conditions of any offer should be fully understood before making any commitment.
The offer should not be the only reason you register a new account with them. Indeed, there are many more reasons why Smarkets is a good choice for the smart punter as an alternative to other betting exchanges on the internet. We encourage you to read this will Smarkets review before making a decision.
Take a look at our betting Exchanges comparison article where Smarkets came out No1
Information and significant terms of the current Smarkets sign up offer are detailed below.
Smarkets Deposit and Withdrawal Information
You have a range of Smarkets deposit and withdrawal options, these include PayPal which many bookies do not offer.
Smarkets advise that using a Visa debit card is the best option.
You can check further details by visiting their Payment Method Comparison page.
From 14th April 2020 gambling companies in Great Britain will not accept credit cards as a funding method.
| Method | Min | Max | Processing Time | Fee |
|---|---|---|---|---|
| £10 | £ | Instant | Free | |
| £10 | £ | Instant | Free | |
| £10 | £ | Instant | Free | |
| £10 | £ | Instant | Free | |
| £10 | £ | Instant | Free | |
| £20 | £ | Instant | Free | |
| £10 | £ | 3-5 Business Days | Free |
| Method | Min | Max | Processing Time | Fee |
|---|---|---|---|---|
| £10 | £ | 1-6 Business Days | Free | |
| £10 | £ | 1-6 Business Days | Free | |
| £10 | £ | 1-2 Business Days | Free | |
| £10 | £ | 1-6 Business Days | Free | |
| £10 | £ | 1-2 Business Days | Free | |
| £10 | £ | 1-2 Business Days | Free | |
| £20 | £ | 5-10 Business Days | 10 |
Full Smarkets Bookmaker Review
Smarkets bring a new slant to betting exchanges by seemingly positioning themselves first and foremost as a website that you dont want to miss out on.
This fear of missing out on "the next big thing" in sports betting means you should head over to Smarkets and take a look at this cutting-edge organisation.
Are You Missing Out?
Smarkets have a lot to offer. Are you getting all of this with your current bookmaker?
To me it has the look and feel of a 21st-century technology company rather than a traditional bookmaker, and is all the better for being designed this way, and provides one of the best betting apps on the market too.
You get a choice of different themed backgrounds by clicking the cog icon, you can choose light or dark.
You can also choose decimal or fractional odds from the cog icon, it is unbelievably refreshing that you don't have to spend hours looking for how to change the odds format as you do on many betting sites.
Select your Own Odds Format
No searching around how to find how to toggle between fractional and decimal pricing. It's the small things!
To the forefront on the homepage are a host of helpful betting focused graphs, giving the reader instant market information, the graphs are worth checking out even if you don't join immediately!
All in all you can see that software engineering and trading professionals have been at the forefront of the Smarkets exchange design.
Low Commission
Add in a very low commission rate, interesting and off the wall blog articles, + a welcome bonus and you have a site perfectly suited to new bettors.
Joining Smarkets has been made very easy with the minimum amount of info required, to join, click any of the links on this page.
Smarkets User Reviews
OLBG users are still learning about the benefits of Smarkets with only a couple of reviews on this page, If you have recently joined we would appreciate your review.
From our research, we have found them scrupulously transparent and open to inquiries and ideas from customers.
When new companies are created they can fail on customer care, as they do not have the staff of the bigger players, however, in Smarkets case you can see they have invested in training to make sure new customers are given a no-hassle experience.
There is a community section called “Feature Requests” where you can see the questions from customers and answers from Smarkets staff, there is a willingness to implement customers ideas, you can see that action is being taken by their staff, rather than being fobbed off.
Top 10 Political Betting Websites in the UK
Alternative Betting Exchange to Betfair
They are trying to offer a viable alternative to the more established betting exchanges, you do feel you are getting more of personal service with Smarkets, rather than dealing with a huge corporate entity.
Smarkets focus is on price and offering a superior technological product. Their live charts on the home page remind the user of financial trading rather than sports betting, this makes a refreshing change, you can see in real-time how betting markets and live prices have ebbed and flowed.
More Modern and Technological Exchange Platform
The Betfair platform still works well and is functional, but you can see Smarkets are trying to take things forward with exchange betting.
To see Smarkets at it's busiest, a big event like the Cheltenham Festival will provide an opportunity to see just how much money is traded and available to bet on the exchange during the event. You can use prominent Cheltenham festival Tips and see just how active the markets are on the day of the races, to either back, lay or trade the selections.
Hi-Tech, Intelligent Feel & Look
There is a really nice feel about Smarkets missing with other exchanges which can be a bit 'clunky'
The look Smarkets has gone for on their web pages is high tech, aimed at those comfortable with social media sites, it is a million miles away from a traditional bookie offering. They offer all the main sports and bigger political and televised events.
How to use Smarkets Betting Exchange
One nice feature is the Betting-Education pages, where they advise and educate those new to exchanges, with a range of informative articles.
Included in this is a funky arbitrage calculator for those who like sure-fire betting opportunities, although these days there are fewer arbitrage opportunities.
Because they are an exchange where you bet against others rather than a bookie you will never have your account restricted if the price is there and there is enough liquidity (which is growing all the time) you can place your bet.
All in all a site that should be added to your portfolio, especially with the current sign up offer available, click any of the links to sign up today.
Smarkets Review Summary
Smarkets is the most modern betting exchange available to sports betting fans. They are pushing the technology of exchange betting forward with competitive commission rates and an easy to use platform. Smarkets has become the 2nd biggest exchange after Betfair in terms of football betting liquidity and are a very viable alternative.
Smarkets Mobile Review
| Smarkets Mobile Offering | ||
|---|---|---|
| Rated: 4.80 / 5 | ||
| Rated: 4.70 / 5 | ||
| Rating not available | ||
Why Download the Smarkets Mobile App?
If you want a low 2% commission, plus trade and arb markets, Smarkets mobile is for you.
Smarkets Mobile App
Smarkets are the newest player in betting exchanges and are growing at a rapid pace.
The Smarkets app gives you the feel of being at the cutting edge of 21st-century betting. It sits nicely alongside your Airbnb, iTunes and Uber apps on your phone’s menu.
Smarkets strength is technology, if an app is going to introduce groundbreaking features Smarkets will be that app.
When you open the app you immediately see the markets starting soon. We especially liked the browse tab at the bottom of the menu, which made navigation to markets easy.
Clicking the browse button opens images of all the sports and the number of markets on offer.
Since the most recent Smarkets app update, online reviews have been full of praise for its brand new interface.
Cutting Edge, 21st-Century Betting Technology
Smarkets App Example
If you decide to back (support) or lay (bet against) a selection the Smarkets App has it covered.
You can then trade those prices, guaranteeing a profit before an event has finished.
Had you backed Belgium in the World Cup on Smarkets pre-kick off at 15.0 (14/1), by the time they had won the group they were on offer at 9.0 (8/1), you could then bet against them (lay), and guarantee a profit on the World Cup Winners market.
We liked that you can track a selection’s movement, follow trends in the market, then make trades based on the price history on the screen.
That is the beauty of Smarkets, and the 2% commission means you don’t give back as much of your profits as you do on other exchanges.
Get 0% commision for a Limited Time when you sign up
Smarkets Mobile App Summary
Available on Android or IOS, the Smarkets mobile app has been well received by those bettors looking for a viable alternative.
Smarkets liquidity has grown year on year via the app, with football and horse racing leading the way.
Other sports are playing catch up, but are seeing growth especially on Grand Slam Tennis, Major Golf Tournaments, and interestingly Politics and TV reality shows.
You should have no issues in getting your bets matched on these events and take a look at the OLBG horse racing tips and find better prices on the Smarkets Exchange than typical industry Sp's
All in all, an app for the modern way of betting, aimed at those comfortable with new technology, is that you?
Smarkets Info & Bookmakers Reviews
Check What Others Say About Smarkets and Write Your Own Review
- Ratings: 74
- Reviews: 46
“Smarkets About”
I've been using Smarkets for horse racing betting for a while now, and I have to say it's been a great experience. The platform is user-friendly, and I find the odds to be quite competitive. What sets Smarkets apart for me is their low commission rates, which means more of my winnings stay in my pocket. The live betting feature is excellent, and they cover a wide range of horse racing events from around the world. Additionally, their mobile app is smooth and reliable, allowing me to bet on the go. Customer support has always been responsive and helpful whenever I've had any questions. Overall, I highly recommend Smarkets for anyone looking for a reliable and cost-effective platform for horse racing betting
“New exchange, New Ideas.”
Joined them during Grand National Festival, found them easy to use and liked the way the site looked. You can see they are trying to create an exchange for those who use, facebook, snapchat, Instagram etc as it has a similar feel and layout to those social media sites, lots of general articles of interest. Sent me a nice welcome, and no issues with the free bets i got. All in all a site worth joining for those who like to be at the cutting edge.
“Smarkets review”
This website is excellent for graphics. You also get a percentage prediction of what chance your bet has for success. You have to admire that ! Customer service is great on this site too. I would definitely recommend this site to anyone who has a long history of sports betting. The welcome bonus of a £20 refund for your first losing bet isnt too bad either. Very good bookie. Thumbs up
“Got Potential”
Ive used Betfair quite a bit in the past and did try some of the other exchanges like Betdaq and the now deceased WBX so I thought i would give Smarkets a try. The design and usability was great on desktop and app and the range of markets was adequate if not spectactular Liquidity on the main market & the favourites was very good but it was a bit weak for other markets. I could have had 5000 on Columbia (i didn't!) but only about 20 at decent odds on Colombia and BTTS. Hopefully in time when the word spreads more this will improve and with just 2% commission they are worth having in your portfolio
“smarkets new exchange”
joined smarkets back in march and have found them ok to bet with good offers when i joined with plenty of options on how to put your money into your account and no fuss withdrawing your money. most markets are ok i only bet small so had no trouble getting my bets on and the 2% commission is great
“Smarkets UK”
when betting singles I believe the exchange is usually the best place to go for maximum value, and with the ability to lay off a single leg of a winning accumulator the exchange is a necessary tool for any serious gambler.
“Betting App Needs Improving”
I received a decent new customer bonus when I signed up for the SBK betting app, Smarkets' sports betting app, but it seems that bonus is no longer on offer. The odds offered by SBK are average but they credit bonuses before qualifying bets are settled, which is rare but does come in handy. The main issue I had with SBK is that the app runs far too slowly but their customer services adviser did tell me that they aim to improve in future. SBK does have potential but when I last used the app it did leave a lot to be desired.
“Not Quite Betfair”
They are trying to challenge the more established betting exchanges and should at least be applauded for that. The App is slick, easy to navigate and works consistently and whilst it takes a little bit of time to adjust to the % chance figures, it is easy enough once you're used to it. The issue is the liquidity. Whilst you can get on in the most obvious markets, there is a distinct lack of depth, especially in some of the smaller markets (overs/unders, place only, etc) and this makes it frustrating
“Exchange Betting against others”
SMarkets is a novelty where you can set your own odds ad back or lay markets against fellow punters. It has a decent array of markets but not as extensive as main Sportsbooks
“Smarkets has totally lost it.”
Downside App is very buggy Low liquidity on lot of things Errors all the time when placing bets Customer care don't reply via email No free bets No live feed of any kind No American horse racing betting
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“Shame they're so pedantic”
Unfortunate because i great site but moving my money around they ask for so much documentation i cannot stress how much ive had to provide them and they still want more, i waved the white flag and went to betfajr you win smarkets.
“Site and Account Issues”
The site is not user friendly. Heard from friends that their account got closed without any warning. Prefer Betfair 100%.
“Smarkets review”
Smarkets is a madness
Smarkets User Guide
Current Smarkets Promotion
Smarkets like all new businesses need to build their customer base.
They do this in many ways, but a tried and trusted method is to give their new customers a generous sign up offer.
Once you have taken advantage of the smarkets promotion and joined you will be offered a range of value prices.
Smarkets Promos For Existing Customers
Fewer existing customer promotions available on the Smarkets website than with traditional bookies.
Smarkets account holders do occasionally receive promos via email.
So you have decided to take advantage of the smarkets sign up offer and open a new smarkets account.
Just read on for the comprehensive smarkets sign up details on how you go about this.
You should be able to view and click the smarkets new customer banner on this page.
Once you have clicked the smarkets banner the registration page opens.
Here you will need to complete the following mini-sections.
ACCOUNT
PERSONAL DETAILS
DEPOSIT
That is it, you are a smarkets new customer
- You now bet, lay, and trade sports to your hearts content.
- You can now take advantage of smarkets industry low commission rates.
- You can now get a smarkets bonus.
- You can now improve your trading via the smarkets betting education tools.
The smarkets betting education tools are a great resource for those looking to make bigger profits and cut out costly mistakes.
Smarkets say “We simplify peer-to-peer trading on sporting and political events”
This just means it’s easy to get your bets on at a price you want!
FAQ
Smarkets Related Questions
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How do you use Smarkets
Smarkets is like any other exchange bookmaker. If you have used Betfair before you will have no trouble at all in understanding how Smarkets works. If you've never used a betting exchange before then i would suggest taking a look at the basics of exchange betting.
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Is Smarkets better than Betfair?
In some cases yes, and in some cases no. This is a frequent question, so we undertook a task of comparing side by side each of the four betting exchanges available. Smarkets came out on top in a couple of sections. So it will depend on what you are looking for. Take a look at our betting exchanges comparison guide for more information.
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What is exposure on Smarkets?
Exposure means the same as liability - Each means the maximum amount you could lose if your bet, be it a back or lay bet, be unsuccessful. If you had bet £50 on Sunderland to win, your exposure would be the £50 stake.
If you had laid Sunderland at 1.50 [1/2] not to win for £50, the exposure here would be the same as what you would win had you bet them to win - eg £25
Again, check our betting exchanges basics for a full explanation on liability and exposure.
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How long does it take to withdraw from Smarkets?
Smarkets are pretty smart in dealing with your withdrawal requests. How long it takes for your fund to arrive with you will depend on the withdrawal method you use with online payment providers acting much quicker than traditional banking methods. more details can be found in the baning options section at the head of this Smarkets review.
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Who are Smarkets
Smarkets have been around as a betting exchange for longer than most people realise. Formed in 2010, they have grown rapidly to compete in the betting exchange market, and in 2017 were names as the 25th fastest growing company in Europe.
