Smarkets Review

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About Smarkets

Smarkets sportsbook has beaten odds to become one of the most popular betting sites. It was established in 2008 and has since been at the top for providing the best exchanges, bonuses and promotions, betting markets, generous bonuses and more. The bookie is fully licensed and regulated under the stringent laws by the UK Gambling Commission (UKGC) and Malta Gambling Authority (MGA). Similar to other betting sites, you will find the registration easy and fast. The site supports several payment options to enable you to deposit and withdraw funds. Continue reading our review to know the ins and outs of Smarkets sportsbook before you join.

Smarkets Review

Smarkets Sportsbook

At Smarkets sportsbook, you’ll come across 15 different sporting markets. The sites are designed to enable peer to peer trading on popular sporting events e-sports tournaments, political events and more. The best part is that you can choose to back and lay on an outcome.

Unlike most bookies, Smarkets offers a Cash Out in the form of Trade Out to customers. This bookmaker charges a low-income commission fee of 2% on obtained winnings. There is a commission rate of 1% for Pro Tier customers who manage to place over 1500 stake with more than 1,000,000 GBP per month.

When you choose to back (buy) a bet, it means you are supporting a certain outcome to happen. Customers are allowed to bet on the odds that are available on the markets to be matched with opposing customer that’s laying at the moment. The exciting thing is that you can choose to back higher odds if the bets that are available are currently low.

Live Betting

The live betting section at Smarkets is easy to access and offers an excellent experience. Here, players can analyse pie charts, graphs and more info on the on-going match. Also, there is a live scorecard, graphical representation, in-play stats and a variety of betting outcomes to choose from. Although the site doesn’t support live streaming service, it offers the option to Trade Out on pre-match and in-play matches.

Esports

With Smarkets, you get the opportunity to bet on different electronic sports. It’s advisable to research before you start betting on your favourite eSports event or tournament. Some of the popular games available include Counter-Strike: Global Offensive and eBasketball tournaments.

Smarkets Website — England Bookmaker Review for Nigerian Players

Smarkets Registration

Registering a new account at Smarkets doesn’t require any skills and you will not be charged any money. The basic requirement is to have attained the legal age of 18 years and above. Also, you must ensure that the information you provide during registration is valid. The steps to creating an account with Smarkets sportsbook are as follows:

  • Step 1: Go to Smarkets sportsbook official website
  • Step 2: Navigate on the homepage and click on the green “Create Account” in the top right corner
  • Step 3: Fill the registration form with personal detail, i.e. email, password, date of birth, promo code
  • Step 4: You may choose to receive marketing communication and exciting offers by toggling on the button.
  • Step 5: Click on the green “Continue” button to proceed
  • Step 6: Select your preferred currency and enter your full address
  • Step 7: Click on the green “Save Details” button to continue.
  • Step 8: Deposit money to your account and start betting

Bonuses and Promotions

Smarkets betting site uses different types and sizes of bonuses and promotions to help customers start their betting journey. Before you claim any rewards, it’s essential to read and understand the terms of service attached to each one of them. At the moment, the operator is offering the following bonuses to customers:

Welcome Bonus Offer: This offer is available to all new customers, where you are rewarded up to 19 GBP. All incurred losses will be refunded to your account. Note that you must deposit at least 20 GBP first deposit before you may claim the offer.

Unfortunately, Smarkets sportsbook doesn’t have any ongoing promotional offers at the moment. We encourage you to visit the site from time to time to get the latest offers.

Smarkets Payment Options

Payment Options
  • Bank Transfer
  • Debit Card
  • Neteller
  • Skrill
  • Trusty

Compared to other established sportsbooks, the number of payment options at Smarkets is slightly low. The site accepts a minimum deposit of 10 GBP and the minimum withdrawal of 10 GBP. New customers are allowed to deposit up to 1200 EUR. Note that all deposits made via Neteller, Skrill and Trustly don’t qualify for the welcome bonus offer. Additionally, you’ll be required to verify your identity before you may withdraw money from your Smarkets account. Some of the most reliable payment options include:

  • Bank Transfer
  • Debit Card
  • Neteller
  • Skrill
  • Trustly

Smarkets Mobile

Smarkets sportsbook offers a fantastic mobile app for iOS and Android users. You’ll be required to download the free app from Apple Store or Google Play Store before you access the services. Smarkets app allows users to take advantage of the site’s Trade Out feature. What’s more appealing is that the mobile app features HD graphics, dark/light interface, two-factor authentication, live charts, live bet notifications, reliable prices and much more.

Support Contacts

Smarkets cares about all its customers. As such, it offers reliable means of communication to ensure that all questions and concerned have been attended to on time. Additionally, the operator has employed experienced and friendly support agents to provide solutions to players. You can reach out for help via email [email protected], telephone number +44 207 617 7413 or chat with the representatives via live chat option.

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Pros and Cons

Here are some of the pros and cons of playing at Smarkets sportsbook.

Pros

  • The site features a statistical indicator and a dedicated ‘Blog’ section
  • Top recommended for laying, with high stake liquidity
  • Comes with a range of responsible gambling tools
  • Has a relatively low commission rate of 2%
  • Has downloadable mobile apps for Android and iOS users

Cons

  • Doesn’t have promotional offers at the moment
  • There’s no option for live streaming
  • Lacks the VIP program and Bet Builder