Smarkets

Smarkets is a betting establishment that was established in London in 2008. Best known for its traditional sportsbook, it mainly boasts of being one of the largest online betting exchange networks in the world. For more details, we already invite you to consult the related section on the main page.

With its expansion, the operator has put a lot of employees at its service and now it has over 30 million users around the world. Nowadays, customers consider Smarkets as one of the best betting sites. Most of them strategically use both the sportsbook and the betting exchange for maximum experience. All members can check the comparison table that is displayed on the page. In addition to English, the site is also available in Portuguese and Swedish. Let’s take a look around.

Operating license

Smarkets holds two licenses as proof of its reliability. The licenses have been issued by the Malta Gaming Authority and the UK Gambling Commission. These two jurisdictions have many years of experience in monitoring the most reputable betting sites in the world. Today, the brand strictly follows the requirements and regulations imposed by the bodies. From their side, users will be able to enjoy a completely worry-free gaming experience.

About the mobile application

Since 2017, Smarkets has developed a mobile app, compatible with Android and iOS operating systems. A long time before that, the platform was already equipped with a mobile version optimised for all types of small-screen devices. This gives users more incentive to place bets from their mobile phones, regardless of their location. In addition, there is a facility for players to switch between the full site and the mobile-friendly layout. So far, everything seems to be working perfectly.

Registration process

Creating an account with Smarkets is usually very simple and takes no more than 10 minutes. To begin, go to the main page of the site by typing the URL. Then click on “Create an account”, the tab at the top right of your screen. The next step is to enter basic information, including email, password followed by confirmation, date of birth, account currency, referral or promotion code if there are any. Next, you will be asked to enter your personal details, including your first name, surname, telephone number, country of residence and postcode. Finalise the registration by making an initial payment. At this point you can activate the deposit limits if you wish.

Bonuses and promotions

All new registrants receive a welcome bonus, upon activation of their account at Smarkets. A minimum first deposit of £20 will earn you an additional £10 if you fail to make a deposit. Please note that you must use up the entire refund within 7 days of the bonus being issued. After this time, your remaining funds will be unusable. In addition, you will also receive £10 in the form of a free bet. As you go along, you will also receive 2% commission on your profits. The ”Bet calculator” or betting calculator from Smarkets is able to automatically analyse your winnings, regardless of the type of bet you place (back, lay, exchange or bookmaker). This technique helps you to quickly identify your earnings as well as the commissions paid. You can find an overview of the details under the heading ‘Smarkets Bet Calculator’.

Betting offers

There is no shortage of markets and betting options at Smarket, and they cater for both new and experienced punters. Football and horse racing are most often at the top of the list. The popularity of these events leads the vast majority of punters to make their bets on this type of entertainment. Of course, you can still find bets on American football, tennis, baseball, basketball, rugby, motor sports, cricket, boxing and many other categories. The variety of available markets makes bettors much more determined in their gambling phase. In order to arouse the curiosity of participants, Smarkets has integrated betting odds on TV shows, politics (British, American, European and world), various news items concerning the IMF managing director or the next governor of the Bank of England. The platform will even go as far as offering odds on the BBC Sports Personality of the Year or the Presidential elections and even much more. To make sure you don’t get confused, don’t forget to take a look at the trading service. Just click on the ‘View markets’ section.

The live betting services of Smarkets also include excellent odds, for the full satisfaction of the players. The margins focus on major sports such as football, cricket, baseball and tennis. The ‘In-Play’ option does not seem to be complete, but you have the possibility to find all the standard markets. For more transparency, Smarkets has added an “Instant Match” function to its platform. Indeed, before the counter resets, punters will have the advantage of taking a bet at the requested price.

Payment methods

Whether you want to top up your account or withdraw money, Smarkets offers the most common methods to facilitate your transactions. We distinguish between :

• Visa, MasterCard, Maestro bank cards;
• Skrill, Paypal e-wallets ;
• Neteller payment system ;
• Bank transfer.

The minimum deposit limit depends on the chosen payment option and varies between £10 and £20. Smarkets does not charge any fees for this transaction and the funds are immediately transferred to your account. When withdrawing winnings, the processing time changes depending on the method used. The operator charges a commission if it is a card transaction. The transfer time will take between 1 and 6 working days. This can take up to 10 days for bank transfers.

Support service

Smarkets has a very accessible customer support team for all your questions or in case of a problem. A competent and responsive team does everything necessary to provide you with an appropriate response to your requests. You can get in touch with one of their advisors via a number of different means. Apart from the live chat, which is available 24/7, communication via email, telephone, post and social media is limited to a set time.