Smarkets has taken the betting exchange market by storm following its inception in 2008. The operator offers a traditional online sportsbook where players can back their outcomes and enjoy betting against each other instead of just the bookmaker. It has quickly made its way to become one of the most firmly established betting exchanges globally, offering players streamlined peer-to-peer trading on a multitude of markets and events, including current affairs, politics, entertainment, sports, and more. The bookmaker charges as low as 2% commission on winning wagers with odds going on at the current time.
Boasting gambling licenses from credible gaming authorities such as the UKGC (UK Gambling Commission), MGA (Malta Gaming Authority), and the Revenue Commissioners National Excise License Office, it's clear that Smarkets meets the most robust security requirements. In addition, they are regularly audited by eCOGRA and IBAS, which means players can turn to them if anything goes wrong. They utilize SSL and TLS to ensure all bets placed at Smarkets are secure. They're also encrypted with Lets Encrypt Authority, which means players' data is safe from malicious third parties. The bookie keeps the player's funds in accounts that are separate from the accounts for business to streamline protectiveness. Smarkets takes responsible gambling seriously and has partnered with GambleAware to support people who’re addicted to gambling. read more
The robust FAQ section with links to the help center has information about payment options, betting, and account information. Articles are extremely helpful, especially those available in the Education section. Players can find guides for upcoming events to enhance their betting strategy and evolve into superior traders. If players don't find ample information or require further assistance, they can reach out to their agents at any time of the day from anywhere in the world. Live chat, hotline, and email are among the top ways to get swift responses from the team. They can also be reached through Facebook posts, DMs or tweets as they're quite active on social media as well. The support team is always willing to help, professional, and incredibly friendly.
The Smarkets platform offers one of the most fluid betting experiences with a website designed to give off a very sleek and elegant vibe that's reminiscent of being a real traders' platform. Using a combination of blues, greens, and blacks, the platform is enticing and easy to use. Every section is laid out neatly on the page, with the current top markets showing the biggest events of the day. There's a graph symbol on one side of the page that redirects players looking got a specific sport to a page where all different sports are listed from A-Z. There's also a recommendations section where all the best-curated punts are presented in easy alignment. The design is super slick with a theme that can be browsed in dark or light mode. The user interface is simple, with the design being minimalistic and intuitive. Links to all important sections are placed strategically on the homepage. The sticky sidebar and header make transitioning between sections super easy, while the search bar adds flawless functionality to the seamless betting experience.
The betting options offered by Smarkets are not limited to sports. Punters can also enjoy bets on entertainment, politics, and current affairs. The staggering number of options is next to none in terms of choice. Players can also place bets on major leagues and niche sports along with horse racing events. Smarkets is also known for being a top-notch live betting site as it allows players to back and lay bets while they're taking place. However, there's no live streaming feature to talk about yet. The minimum betting limit is as low as 5p, while the maximum goes up to a whopping $99,999. In addition, the eSports market is also extensive, where live events are available to bet on across a multitude of sports. Trade Out option is also available on a diverse range of pre-match and in-play bets for niche and popular sports wagering markets. So players interested in placing simple bets on the winning team, for instance, can opt for conventional sports markets instead of adventurous bets.
Smarkets offers punters plenty of options to make easy and secure deposits and withdrawals. These include bank cards, Neteller, Skrill, Trustly, and PayPal. There's a $10 minimum for deposits for bank cards and a $20 minimum limit for most other payment options. There's no fee for deposits, and funds are added into the accounts swiftly, but the maximum deposit is capped between $5,000 to $10,000, depending on the mode of payment. Withdrawals can be made using the same methods, but the payout times depend on the chosen method. Withdrawals made through bank cards might have a handling fee and take between 1 to 6 business days, whereas bank transfers sometimes take up to 10 business days. The bookmaker accepts GBP, DKK, NOR, EUR, and SEK.
Players from all over the world can complete the Smarkets sign-up process. Unfortunately, players from France, Turkey, Hong Kong, Australia, Switzerland, Italy, the United States, Belgium, Denmark, South Africa, China, Kazakhstan, Ukraine, Russia, and Belarus are restricted from legally playing on the site.
The Smarkets website is available in English, Portuguese, and Swedish.
Smarkets welcomes new players with a risk-free $10 bet when they make a minimum deposit of $20. If a player loses the bet, the $10 amount is rebated. However, this offer is valid only for three months for the first five wagers and can't be combined with other promotions offered by the bookie.
Smarkets appeals to punters on the go with a mobile-friendly website that works well with iOS and Android devices. Players who prefer placing bets on the go can rest assured that they'll not experience any glitches or lags in the system. The bookie also released an app in 2017 with an intuitive layout and high-functioning features that help players get immediate access on the go to one of the world's most technologically advanced and safe betting exchanges. Getting started with the platform is easy, as it provides innovative features to improve the efficiency of the bet placement process. It allows players to keep up with the constantly changing odds and market prices if they're in the in-play arena and want to place quick bets to boost their bankroll. The graphics are slick, and the structure is coherent, allowing a user-friendly experience. Indeed, the app and mobile-optimized site are a great way to keep tabs on all the trades when a player is on the go.
Smarkets has certainly got the betting exchange section down to a tee. With an easy-to-use website and a minimum commission of 2% on winning wagers, it's undoubtedly one of the best-rated exchanges in the industry. The bookmaker also provides its players with outstanding customer support, a flawless mobile experience, fair bonus conditions, and gambling licenses from reputable gaming authorities. The exchange is well-designed, modern, and brilliantly structured to meet the needs of punters looking to place unique bets. Moreover, the Trade Out feature and the dedicated blog section, along with useful analytical tools, help players gauge and predict the markets well. Overall, we're very pleased with the opportunities and features offered by Smarkets. read less