SMARKETS RATING
- Overall Rating 90%
- Betting Markets 95%
- Odds 85%
- Bonuses & Promotions 85%
- Payment Options 90%
SMARKETS INFO
WHY CHOOSE SMARKETS
Year Established: 2008
Live chat: Yes
License: United Kingdom Gambling Commission & Malta Gaming Authority
WHY CHOOSE SMARKETS
Respectable welcome offer
Great mobile experience & overall layout
Solid customer support
Great Football Features
When it comes to betting exchanges, one name utterly dominates all others – Betfair. Having been founded back in 1999, Betfair have made an incredible success of their innovative method of sports betting, in which users wager against each other, rather than using odds set by a bookie.
Over the years, though, more and more competitors have sprung up. Smarkets is reportedly the second-biggest betting exchange in the world right now, and promise exceptional value courtesy of their ‘industry-leading commission rates’.
In this comprehensive Smarkets review, you’ll discover everything you need to know about this highly successful, ultra-confident exchange. Let’s get started!
Smarkets Sign Up Offer
The mechanics of actually betting might differ between online exchanges and sportsbooks, but some principles remain the same. One of the most notable examples is that both types of website rely heavily on tasty welcome offers to bring in new customers.
The Smarkets new customer offer – simply titled ‘£10 Welcome Bonus’ – is certainly a competitive deal. To trigger it, you must simply open an account and deposit at least £20, using either a credit/debit card or bank transfer. Bet through the equivalent of that deposit (e.g. £30 if you deposited £30), and your first £10 in losses will be refunded, in the form of a bonus (a Smarkets free bet, essentially).

*Significant Terms: This offer is available pre-match on every game for Half Time/ Full Time, all Scorecast and all Correct Score markets. If the game finishes without a score (0-0), your stake will be refunded if the bet loses. Bets you place from your Withdrawable Balance will be refunded to your Withdrawable Balance and bets placed using Bet Credit will be returned as Bet Credits. This offer won’t apply where a stake has been 100% Cashed Out. In situations where a stake has been Cashed out only partially, and the match finishes 0-0, only your remaining active stake will be refunded. If the qualifying bet is edited using the Edit Bet feature before kick-off and the match finishes 0-0, only your new stake will be returned. Where your bet has been edited to include or amend a selection for an event that is In-Play, the offer does not apply. This offer is available to new and eligible customers of bet365 only. Full Terms & Conditions apply.



*Significant Terms: This offer is available to only new and eligible bet365 customers. This offer is valid for only the FIRST single bet you place on each bet365 Race. It applies only to selected races as specified by bet365 in the table displayed on the bet365 Feature Race 4/1 Offer page. If you place multiple selections in the same race on the same bet slip, only the first selection will count as the highest on the bet slip. You must place bets in the usual way and can be paid either from your Withdrawable Balance or your Bet Credits. Bets placed from your Withdrawable Balance will be returned to your Withdrawable Balance, bets you place using Bet Credits will be returned as Bet Credits. This offer applies only to bets placed on Enhanced Place Terms markets and Each Way Fixed Odds markets. All other markets, including Tote/Pari-Mutuel/Colossus (bets and dividends), Anti-Post Bets, and adjusted place terms (Each Way Extra), are excluded. If you edit your qualifying bet with the Edit Bet feature, any refund amount will be equal only to the new stake and not the original stake. If a stake has been fully Cashed Out, it will not apply. Where a stake as been partially Cashed Out, any refund amount or subsequent risk-free bet amount will be equal only to any active stake that remains. Full Terms & Conditions apply.


*Significant Terms: Only new and eligible bet365 customers can claim this offer. This Soccer Substitute Guarantee offer applies only to pre-match single bets on any of the applicable markets (where available) that are listed on the bet365 Soccer Substitute Guarantee promotion page, for any soccer match. If the player you choose to back is substituted prior to the half-time whistle, your stake will be refunded as Bet Credits. The offer does not apply if your qualifying bet is edited using the Edit Bet feature to change from a player who is then substituted prior to the half-time whistle. The offer will apply where a qualifying bet has been edited to change to a player who is then substituted prior to the half-time whistle. The offer will not apply if a bet has been edited to an In-Play selection. Where one of the pre-match selections on any of the markets listed on the bet365 Soccer Substitute Guarantee promotion page is part of a Bet Builder bet and the player you choose to back is substituted prior to the half-time whistle, the Bet Builder bet will be void and your stake will be returned as Bet Credits. Where the outcome of your bet has been already determined prior to your selected player being substituted, or your bet continues on to win, then this offer will not apply and your bet will be settled in accordance with the bet365 Soccer Rules. This offer will not apply where a stake has been Cashed out fully or partially. Full Terms & Conditions apply.
*Significant Terms: This Soccer Accumulator Bonus is available only to new and eligible bet365 customers. This offer is available from 11:59:59 UK Time 5 February 2020. It applies for returns on pre-match accumulators of 3 or more selections on the standard Full Time Result, Both Teams to Score, or Result/Both Teams to Score markets for selected leagues and competitions listed by bet365 on the Soccer Accumulator Bonus promotion page. The max bonus that can be awarded is £100,000 (or currency equivalent). Bets that are placed on the Full Time Result – Enhanced Prices market are excluded from this offer. Placing bets with Bet Credits, Double Chance bets, or combination bets with bonuses like Lucky 15s or Lucky 31s, etc., will not qualify for this offer. If you edit your qualifying bet with the Edit Bet feature, the bonus will be calculated based on the new stake. If the bet is edited to include or amend a selection for an event that is In-Play, the bonus will not apply. This bonus does not apply where a stake has been Cashed Out in its entirety. If your stake is only partially Cashed Out, the bonus will be calculated based on the active stake that remains. This bonus applies where all selections within the bet have been marked as won and this has been Cashed Out for the full return value. Full Terms & Conditions apply.
*Significant Terms: This offer is available only for new and eligible bet365 customers. This offer applies to the FIRST single bet you place on each race shown live on ITV Racing. If you place multiple selections in the same race on the same bet slip, only the first selection will count as the highest on the bet slip. You must place bets in the usual way and can be paid either from your Withdrawable Balance or your Bet Credits. Bets placed from your Withdrawable Balance will be returned to your Withdrawable Balance, bets you place using Bet Credits will be returned as Bet Credits. This offer applies only to bets placed on Enhanced Place Terms markets and Each Way Fixed Odds markets. All other markets, including Tote/Pari-Mutuel/Colossus (bets and dividends), Anti-Post Bets, and adjusted place terms (Each Way Extra), are excluded. If you edit your qualifying bet with the Edit Bet feature, any refund amount will be equal only to the new stake and not the original stake. If a stake has been fully Cashed Out, it will not apply. Where a stake as been partially Cashed Out, any refund amount or subsequent risk-free bet amount will be equal only to any active stake that remains. Full Terms & Conditions apply.

*Significant Terms: Only new and eligible bet365 customers can claim this offer. This offer is available from 11:59:59 UK Time19 February 2020. It applies to winnings on pre-game accas of 2 or more selections for Men’s Eurocup, Euroleague, Germany Bundesliga, Italy Lega 1, and Spain Liga ACB on the main 2-Way Game Point Spread and 2-Way Game Totals for Match markets. If your stake has been fully Cashed Out, the bonus will not apply. Where a stake has been partially Cashed Out, the bonus is calculated based on the active stake remaining. The bonus applies where all selections within the bet have been marked as won and this has been Cashed out for the full return value. If you edit your qualifying bet using the Edit Bet feature, the bonus will be calculated based on the new stake. If your qualifying bet has been edited to amend or include a selection for an event that is In-Play, the bonus will not apply. The maximum bonus that can be received for this offer is £100,000 (or currency equivalent). This bonus doesn’t apply for bets placed on alternative spread/total markets. It doesn’t apply for bets placed with Bet Credits or combination bets with bonuses such as Lucky 15s, Lucky 31s and so on. Full Terms & Conditions apply.




*Significant Terms: This offer applies to matches played up to and including 31 March 2021. Bets that are placed on the Full Time Result do not apply to this offer. This offer does not apply to stakes that have been 100% Cashed Out. In the case where a bet has been partially Cashed Out and your team goes 2 goals ahead, the bets will be settled on the active stake that remains. If your qualifying bet is edited using Edit Bet before kick-off and your team goes 2 goals ahead, your bet will be settled on the new stake. Where you edited your bet to include or amend a selection for an event that is In-Play, the offer will no longer apply. This offer is available to new and eligible bet365 customers. Full Terms & Conditions apply.
*Significant Terms: This offer can be claimed by new bet365 customers only. To claim, a deposit of at least £5 (or currency equivalent) must be made within 30 days from your account registration to qualify you for a 100% matched amount in Bet Credits, up to a maximum of £100 (or currency equivalent). Once the offer has been claimed, you will receive the Bet Credits and they will be held in your account balance and are non-withdrawable. To use the Bet Credits you have been awarded, you must place qualifying bets to the value of your qualifying deposit (capped at £100 – or currency equivalent) and these bets you make must settle within 30 days of claiming the offer. Only bets that qualify and are settled after you have claimed the sign up offer will count towards this requirement. The bets you place must meet certain conditions to be able to count towards the release of your Bet Credits. These conditions are outlined in the full terms and conditions. You are not eligible to withdraw your Bet Credits and Bet Credits stakes are not included in any returns. Any returns from Bet Credits placed will be added to your Withdrawable Balance. The use of PayPal, Google Pay, Apple Pay, Paysafecard, Fast Bank Transfer or any other available debit or prepaid cards, for either your qualifying deposit of any subsequent withdrawal of returns from Bet Credits stakes, is not permitted unless your accepted form of Identity Documents and the PVC you entered has been successfully verified by bet365, or bet365 has successfully verified two accepted forms of your Identity Documents. Bet Credits cannot be used on certain products, offers and/or promotions and bet types as detailed in the full terms and conditions. If your account has been inactive for 90 consecutive days, your Bet Credits will be forfeit and eliminated from your account. Full Terms & Conditions apply.
*Significant Terms: This Best Odds Guaranteed offer is available to new and eligible bet365 customers. It applies to bets placed only on Win and Each Way bets on Fixed Odds markets. Every other market, including Tote-Pari-Mutuel/Colossus (bets and dividends) and Ante-Post bets (unless otherwise stated), are excluded. All Australian greyhound racing is excluded. This offer includes Showcast bets, Board Prices and bet365 Early Prices, single and multiples on all racing where a fixed price is offered. Full Terms & Conditions apply.

*Significant Terms: Only new and eligible bet365 customers can claim this offer. The NFL Early Payout offer applies to pre-game single and multiple bets on the Money Line (2-Way) market for any NFL game up to and including Super Bowl LV (Saturday 7th March 2021). This offer does not apply where a stake has been Cashed Out fully. Where a stake has been Cashed Out only partially, and your team is ahead by 17 points, the bet will be settled on the remaining active stake. If you edit your qualifying bet using the Edit Bet feature before the game begins, and your team goes ahead by 17 points, the bet will be settled on the new stake. This offer does not apply where a bet has been edited to include or amend a selection for an event that is In-Play. Full Terms & Conditions apply.

*Significant Terms: Only new and eligible bet365 customers can claim this offer. This offer is available from 11:59:59 UK Time 13 February 2020. It applies to winnings on pre-game parlays (accas) of 2 or more selections for NFL/ MLB/ NBA/ NHL on 2-way markets, including Spread/Run Line/Puck Line, Game Totals, 1st Half Point Spread, 2nd Half Point Spread, 1st Half Totals, and 2nd Half Totals. If your stake has been fully Cashed Out, the bonus will not apply. Where a stake has been partially Cashed Out, the bonus is calculated based on the active stake remaining. The bonus applies where all selections within the bet have been marked as won and this has been Cashed out for the full return value. If you edit your qualifying bet using the Edit Bet feature, the bonus will be calculated based on the new stake. If your qualifying bet has been edited to amend or include a selection for an event that is In-Play, the bonus will not apply. The maximum bonus that can be received for this offer is £100,000 (or currency equivalent). This bonus doesn’t apply for bets placed on alternative life/spread/total markets. It doesn’t apply for bets placed with Bet Credits, fixed odds Parlay Cards, Teasers, or combination bets with bonuses such as Lucky 15s, Lucky 31s and so on. Full Terms & Conditions apply.
*Significant Terms: This Tennis Accumulator Bonus can be claimed only by new and eligible bet365 customers. This offer is available from 11:59:59 UK Time 19 February 2020. It is valid for winnings on pre-match accumulators of 2 or more Tennis selections on To Win Match, Frist Set Winner, and Set Betting markets for Singles and Doubles matches from any Grand Slam, ATP, Challenge Tour or WTA event. It also applies for Singles and Doubles matches from the Fed Cup and Davis Cup. The maximum bonus that can be awarded is £100,000 (or currency equivalent). Bets placed with Bet Credits or combination bets with bonuses, such as Lucky 15s or Lucky 31s do not apply to this offer. If you edit your qualifying bet with the Edit Bet feature, the bonus will be calculated based on the new stake. If the bet is edited to include or amend a selection for an event that is In-Play, the bonus will not apply. This bonus does not apply where a stake has been Cashed Out in its entirety. If your stake is only partially Cashed Out, the bonus will be calculated based on the active stake that remains. This bonus applies where all selections within the bet have been marked as won and this has been Cashed Out for the full return value. Full Terms & Conditions apply.

*Significant Terms: This offer is available to new and eligible bet365 customers only. This offer applies for all bets placed from 10am on the day of the race up to 15 minutes prior to the scheduled “off” time for each ITV race. The offer includes only races that are shown live on ITV Racing unless bet365 states otherwise. The bet365 Price Promise is only valid for bets placed on Win and Each Way Fixed Odds Markets. All other markets are excluded from this offer, including Enhanced Price Win Only markets that are separately priced to the Fixed Odds market, Enhanced or adjusted place terms (Each Way Extra), and Tote/Pari-Mutuel/Colossus (bets and dividends). Races covered by this offer are also available for Best Odds Guaranteed. The bookmakers’ prices included in the bet365 Price Promise are William Hill, Sky Bet, Boylesports, Paddy Power, Coral, and Ladbrokes. Full Terms & Conditions apply.



*Significant Terms: This Best Odds Guaranteed offer is available to new and eligible bet365 customers. It applies to bets placed only on Win and Each Way Fixed Odds Markets and Enhanced Place Terms markets. Every other market, including Ante-Post bets (unless otherwise stated), Tote/Pari-Mutuel/Colossus (bets and dividends) and adjusted place terms (Each Way Extra), are excluded. All horse racing in Hong Kong, Japan, South Korea, Singapore, New Zealand and Australia is excluded. This offer includes Showcast bets, Board Prices and bet365 Early Prices, single and multiples on all racing where a fixed price is offered. Full Terms & Conditions apply.



*Significant Terms: Only new and eligible bet365 customers can claim this offer. The Tennis Retirement Guarantee offer applies only to pre-match single bets on the To Win Match market for main draw singles matches from WTA, ATP or Grand Slam Tennis events. If the opposition player retires hurt, bet365 will pay your bet out as a winner, with your stake returned as cash and winnings paid as Bet Credits. If all or a portion of the qualifying bet you place is with Bet Credits, that part of your stake will be refunded as Bet Credits with any remainder in cash. This Retirement Guarantee offer will not apply to Bet Builder bets. Where the To Win Match market is included as a pre-match selection in a Bet Builder bet, and either player retires hurt, the Bet Builder bet will be settled as void and your stake will be retuned in cash, in accordance with bet365’s Tennis Rules. If your bet is edited using the Edit Bet feature to a pre-match single bet on the To Win Match market for a player who then progresses due to retirement, this offer does not apply. This offer also does not apply if your bet has been edited pre-match in any other way or to include an In-Play selection. If your stake has been fully or partially Cashed Out, this offer does not apply. Full Terms & Conditions apply.
*Significant Terms: Only new and eligible bet365 customers can claim this offer. This Extra Time Extra Chance offer applies to pre-match bets where a match continues into extra time in all forms of knockout Rugby. It applies to regular season Championship and League 1, English Super League, Super Rugby Aotearoa, Super Rugby AU, and Australian NRL games that play a period of golden point extra time. This offer is valid for all pre-match full time and second half markets. Any markets settled at half time or In-Play do not apply to this offer. If a Rugby match stays tied after extra time/sudden death and a kicking competition is necessary to decide the result of the match, the To Win market will be settled on the final result. Full Terms & Conditions apply.
Like all welcome offers, this one comes with a few T’s & C’s attached. These are the main ones to be aware of:
- Must deposit at least £20, as one single deposit, to qualify
- Before claiming bonus, must bet through deposit amount
- Qualifying bets can be made on any combination of markets
- Deposits using Skrill, Neteller and PayPal are ineligible
- Unused bonuses will expire seven days after being awarded
This might not be the most spectacular welcome promotion out there, but it’s a solid effort. You can essentially think of it as a risk-free bet, worth £10… but with the added bonus that you don’t have to place that all in one go. Instead, it simply covers the first £10 of your total losses, as you go about your regular betting. There are no nasty conditions to detract from the appeal, either; asking you to bet through your initial deposit amount, with no restrictions on the odds or markets, is a perfectly reasonable requirement in our eyes.
Smarkets Ongoing Promotions (Updated On: March 2021)
Like welcome offers, ongoing promotions are arguably just as important with betting exchanges as with sportsbooks. In this light, it’s a little disappointing to discover that at the time of writing Smarkets don’t run any ongoing promotions.
Smarkets Football Features
Football has its own dedicated section on Smarkets, and – as with the rest of the website – navigation is made pretty darn smooth. On the home page, you’ll immediately be shown the biggest upcoming games at that time, along with the odds as both decimals and percentages (i.e. the implied probability of each outcome).
One look at those implied probabilities will immediately inform you that you’re getting fairer odds on your football betting here than on a sportsbook. The total percentage of the outcomes is much closer to 100%, primarily because there’s no built-in ‘vig’, or ‘overround’. The trade-off – as with all betting exchanges – is that you pay a commission on all bets. That commission is set at a fair, flat rate of 2% on Smarkets, though, which is the standard rate in the exchange industry right now.
Finding a specific market is made easy, thanks to a series of links lower on the home page – ‘UK’, ‘Europe’, ‘South America’ and so on – with each competition housed in the relevant section. Alternatively, you can use the equally straightforward dropdown menus to the left. In-play, upcoming and outright markets are all available, and – while there’s technically no Smarkets cash out option – you can still trade out of an existing wager by betting the opposite outcome. Also, as with all exchanges, you can essentially set your own price, assuming there’s enough action on the market.
On that note, Smarkets provide some extremely useful information to inform your football betting. Not only can you see the total amount of money which has been traded on a game; you can see how much people have bet on a specific market, and even a graph of how the odds for the overall winner markets have changed over time. Whether you’re looking to follow group wisdom, or go against the grain, you always know exactly how you’re stacking up against the betting public on Smarkets. If you’ve only used sportsbooks for your football betting before now… that really is a tantalising prospect.
Other Betting Markets
In general, Smarkets has matched up pretty well with the likes of Betfair so far. When it comes to betting markets, though, there’s really no competition.
On Betfair, you’ll basically find a range of other betting markets which compares favourably with most sportsbooks. Smarkets pales in comparison. To be fair, most of the biggest markets are indeed included, such as horse racing, cricket, boxing, rugby, and golf. There are some very notable omissions though, with Formula 1,cycling, and wider athletics being just a few examples.
Smarkets however are constantly strengthening their range of betting markets. Recently, they have made two particularly important additions.
Greyhounds
The first is greyhound racing, which is a criminally underrated betting market in Britain. Smarkets currently support betting at five of the top courses in the UK and Ireland – including Crayford and Romford – and we’d expect to see more added soon. Pleasingly, both Win and Place markets are available for all races.
eSports
The other is eSports; a market whose popularity has boomed in recent years. Several of the top competitive games are already available to bet on, such as CS:GO, CoD, Dota 2, and LoL, with individual competitions from all around the world covered for each game.
Mobile Betting Options & App
Both sportsbooks and betting exchanges can be hit and miss when it comes to their mobile features. In the case of Smarkets, though, we’re pleased to say that they’ve clearly put a huge focus on on-the-go betting.
For starters, there is a Smarkets app available for both major mobile operating systems. The Smarkets Android app can be downloaded through Google Play or directly via the website as an APK file, while the iOS version is available through the App Store. The app enjoys outstanding user ratings on both platforms, averaging 4.5/5 on Google Play (982 ratings) and 4.8/5 on the App Store (3.7k ratings).
We’re pleased to say that our own experiences mirrored this enthusiasm. The futuristic black, white and green colour scheme looks fantastic on a mobile device, and the text – whether it be for market names or odds – is large enough to read comfortably. Smarkets have also done a great job of conveying all the information you get on the desktop version here too, whilst making some smart design decisions to do so; having the price change graph as a pop-up, rather than hogging a lot of screen size by default, for example. Odds update extremely frequently, and – in general – none of the functionality has been lost compared to the main website.
If you don’t want to download the Smarkets app for any reason, then don’t worry – the mobile version of the site is also excellent. It follows the same general layout as the desktop version, being extremely easy to navigate using either the main interface or the dropdown menu, and everything loads quickly and smoothly on the Smarkets mobile site too.

Security
Smarkets make a big deal of their technical prowess, calling themselves “one of the world’s… most technologically advanced betting exchanges”… so you’d hope their security would be up to scratch!
We’re pleased to say that Smarkets do an outstanding job of providing security-related details, with several pages on the subject on their site.
For starters, Smarkets hold licenses with both the UK Gambling Commission and the Malta Gaming Authority. Both are highly-regarded regulatory bodies, and the former has described Smarkets’s security measures as offering ‘High Protection’. Specifically, this refers to their decision to hold customer funds in a separate company to their own, called Smarkets (Clients) Limited.
Elsewhere, Smarkets also have both Secure Socket Layer (SSL) and Transport Layer Security (TSL) in place. Both are famously tough forms of encryption, which – in this case – protect every single transaction which happens on Smarkets’ platform. Basically, if you were wondering ‘Is Smarkets legit?’, the answer is a resounding ‘yes’!
Opening an Account
We’re happy to say that the Smarkets signup process is extremely straightforward. It’s split up into two easy sections and only takes a minute or two to complete.
At the first stage, you set your basic account details, including your password and preferred currency. You also provide your email address and date of birth, and can enter a referral code if you have one. After that, you’ll enter the rest of your personal details; specifically your name, phone number and address.
Once you’ve completed those two sections, your account is ready to go. You’ll be invited to set deposit limits, if you wish, before going on to fund your account.
Banking Options
As we’ve seen already, Smarkets is clearly a high level website. Fortunately, this extends to their range of banking options too, which are simply excellent.
When it comes to making a deposit, every major base is truly covered. You can use credit/debit card, Neteller, Skrill, Trustly, bank transfer, or PayPal (which is often a frustrating absence on betting sites). All deposits are processed instantly, and there are no fees attached. The minimum deposit amount is £10 using a card, Neteller or Skrill; £20 for bank transfers or PayPal; and £40 for Trustly.
There is a ‘closed loop’ system in place when making a Smarkets withdrawal, meaning the withdrawal must be made using the same method as the deposit. There are no fees attached here either, and withdrawals are processed within either 1-2 or 2-6 days depending on the method. The minimum withdrawal amount is £10 for all methods except bank transfer (£20) and Trustly (£40).
Customer Support
Here we find yet another area in which this impressive betting exchange excels. The Smarkets customer service offering is extensive, covering every contact option you’d hope to find.
Crucially, live chat is available 24 hours per day, seven days a week, which is obviously brilliant. Elsewhere, you can also get in touch via phone between 09:00 and 00:00, email, Twitter, or – if you really want to – post.
Aside from the direct Smarkets contact methods, you’ll also find a fantastic Help Centre in place. This encompasses a selection of FAQ posts, other informative articles on everything from payment methods to arbitrage calculators, and you can find exactly what you’re looking for in no time thanks to a highly effective search tool.
Smarkets Company Details
Smarkets’ success story is truly astounding. Having only been founded in 2008 (almost a decade after Betfair, for reference), they have grown to become – by some accounts – the second-biggest betting exchange in the world. Over £14 billion’s worth of bets have been processed so far on the platform, and – in addition to their London headquarters – Smarkets now also have offices in Malta and Los Angeles.
Oh, and they’re not done yet. Smarkets are still extremely ambitious in their plans to spread around the world, and – within months of the Supreme Court’s ruling to allow gambling – had already secured licenses to being operating in multiple states in the USA.
*Significant Terms: Only new and eligible bet365 customers can claim this offer. The Tennis Retirement Guarantee offer applies only to pre-match single bets on the To Win Match market for main draw singles matches from WTA, ATP or Grand Slam Tennis events. If the opposition player retires hurt, bet365 will pay your bet out as a winner, with your stake returned as cash and winnings paid as Bet Credits. If all or a portion of the qualifying bet you place is with Bet Credits, that part of your stake will be refunded as Bet Credits with any remainder in cash. This Retirement Guarantee offer will not apply to Bet Builder bets. Where the To Win Match market is included as a pre-match selection in a Bet Builder bet, and either player retires hurt, the Bet Builder bet will be settled as void and your stake will be retuned in cash, in accordance with bet365’s Tennis Rules. If your bet is edited using the Edit Bet feature to a pre-match single bet on the To Win Match market for a player who then progresses due to retirement, this offer does not apply. This offer also does not apply if your bet has been edited pre-match in any other way or to include an In-Play selection. If your stake has been fully or partially Cashed Out, this offer does not apply. Full Terms & Conditions apply.


*Significant Terms: This offer is available pre-match on every game for Half Time/ Full Time, all Scorecast and all Correct Score markets. If the game finishes without a score (0-0), your stake will be refunded if the bet loses. Bets you place from your Withdrawable Balance will be refunded to your Withdrawable Balance and bets placed using Bet Credit will be returned as Bet Credits. This offer won’t apply where a stake has been 100% Cashed Out. In situations where a stake has been Cashed out only partially, and the match finishes 0-0, only your remaining active stake will be refunded. If the qualifying bet is edited using the Edit Bet feature before kick-off and the match finishes 0-0, only your new stake will be returned. Where your bet has been edited to include or amend a selection for an event that is In-Play, the offer does not apply. This offer is available to new and eligible customers of bet365 only. Full Terms & Conditions apply.
*Significant Terms: Only new and eligible bet365 customers can claim this offer. This Soccer Substitute Guarantee offer applies only to pre-match single bets on any of the applicable markets (where available) that are listed on the bet365 Soccer Substitute Guarantee promotion page, for any soccer match. If the player you choose to back is substituted prior to the half-time whistle, your stake will be refunded as Bet Credits. The offer does not apply if your qualifying bet is edited using the Edit Bet feature to change from a player who is then substituted prior to the half-time whistle. The offer will apply where a qualifying bet has been edited to change to a player who is then substituted prior to the half-time whistle. The offer will not apply if a bet has been edited to an In-Play selection. Where one of the pre-match selections on any of the markets listed on the bet365 Soccer Substitute Guarantee promotion page is part of a Bet Builder bet and the player you choose to back is substituted prior to the half-time whistle, the Bet Builder bet will be void and your stake will be returned as Bet Credits. Where the outcome of your bet has been already determined prior to your selected player being substituted, or your bet continues on to win, then this offer will not apply and your bet will be settled in accordance with the bet365 Soccer Rules. This offer will not apply where a stake has been Cashed out fully or partially. Full Terms & Conditions apply.




*Significant Terms: This offer is available to only new and eligible bet365 customers. This offer is valid for only the FIRST single bet you place on each bet365 Race. It applies only to selected races as specified by bet365 in the table displayed on the bet365 Feature Race 4/1 Offer page. If you place multiple selections in the same race on the same bet slip, only the first selection will count as the highest on the bet slip. You must place bets in the usual way and can be paid either from your Withdrawable Balance or your Bet Credits. Bets placed from your Withdrawable Balance will be returned to your Withdrawable Balance, bets you place using Bet Credits will be returned as Bet Credits. This offer applies only to bets placed on Enhanced Place Terms markets and Each Way Fixed Odds markets. All other markets, including Tote/Pari-Mutuel/Colossus (bets and dividends), Anti-Post Bets, and adjusted place terms (Each Way Extra), are excluded. If you edit your qualifying bet with the Edit Bet feature, any refund amount will be equal only to the new stake and not the original stake. If a stake has been fully Cashed Out, it will not apply. Where a stake as been partially Cashed Out, any refund amount or subsequent risk-free bet amount will be equal only to any active stake that remains. Full Terms & Conditions apply.
*Significant Terms: This Tennis Accumulator Bonus can be claimed only by new and eligible bet365 customers. This offer is available from 11:59:59 UK Time 19 February 2020. It is valid for winnings on pre-match accumulators of 2 or more Tennis selections on To Win Match, Frist Set Winner, and Set Betting markets for Singles and Doubles matches from any Grand Slam, ATP, Challenge Tour or WTA event. It also applies for Singles and Doubles matches from the Fed Cup and Davis Cup. The maximum bonus that can be awarded is £100,000 (or currency equivalent). Bets placed with Bet Credits or combination bets with bonuses, such as Lucky 15s or Lucky 31s do not apply to this offer. If you edit your qualifying bet with the Edit Bet feature, the bonus will be calculated based on the new stake. If the bet is edited to include or amend a selection for an event that is In-Play, the bonus will not apply. This bonus does not apply where a stake has been Cashed Out in its entirety. If your stake is only partially Cashed Out, the bonus will be calculated based on the active stake that remains. This bonus applies where all selections within the bet have been marked as won and this has been Cashed Out for the full return value. Full Terms & Conditions apply.
*Significant Terms: This Soccer Accumulator Bonus is available only to new and eligible bet365 customers. This offer is available from 11:59:59 UK Time 5 February 2020. It applies for returns on pre-match accumulators of 3 or more selections on the standard Full Time Result, Both Teams to Score, or Result/Both Teams to Score markets for selected leagues and competitions listed by bet365 on the Soccer Accumulator Bonus promotion page. The max bonus that can be awarded is £100,000 (or currency equivalent). Bets that are placed on the Full Time Result – Enhanced Prices market are excluded from this offer. Placing bets with Bet Credits, Double Chance bets, or combination bets with bonuses like Lucky 15s or Lucky 31s, etc., will not qualify for this offer. If you edit your qualifying bet with the Edit Bet feature, the bonus will be calculated based on the new stake. If the bet is edited to include or amend a selection for an event that is In-Play, the bonus will not apply. This bonus does not apply where a stake has been Cashed Out in its entirety. If your stake is only partially Cashed Out, the bonus will be calculated based on the active stake that remains. This bonus applies where all selections within the bet have been marked as won and this has been Cashed Out for the full return value. Full Terms & Conditions apply.


*Significant Terms: Only new and eligible bet365 customers can claim this offer. The NFL Early Payout offer applies to pre-game single and multiple bets on the Money Line (2-Way) market for any NFL game up to and including Super Bowl LV (Saturday 7th March 2021). This offer does not apply where a stake has been Cashed Out fully. Where a stake has been Cashed Out only partially, and your team is ahead by 17 points, the bet will be settled on the remaining active stake. If you edit your qualifying bet using the Edit Bet feature before the game begins, and your team goes ahead by 17 points, the bet will be settled on the new stake. This offer does not apply where a bet has been edited to include or amend a selection for an event that is In-Play. Full Terms & Conditions apply.

*Significant Terms: Only new and eligible bet365 customers can claim this offer. This offer is available from 11:59:59 UK Time 13 February 2020. It applies to winnings on pre-game parlays (accas) of 2 or more selections for NFL/ MLB/ NBA/ NHL on 2-way markets, including Spread/Run Line/Puck Line, Game Totals, 1st Half Point Spread, 2nd Half Point Spread, 1st Half Totals, and 2nd Half Totals. If your stake has been fully Cashed Out, the bonus will not apply. Where a stake has been partially Cashed Out, the bonus is calculated based on the active stake remaining. The bonus applies where all selections within the bet have been marked as won and this has been Cashed out for the full return value. If you edit your qualifying bet using the Edit Bet feature, the bonus will be calculated based on the new stake. If your qualifying bet has been edited to amend or include a selection for an event that is In-Play, the bonus will not apply. The maximum bonus that can be received for this offer is £100,000 (or currency equivalent). This bonus doesn’t apply for bets placed on alternative life/spread/total markets. It doesn’t apply for bets placed with Bet Credits, fixed odds Parlay Cards, Teasers, or combination bets with bonuses such as Lucky 15s, Lucky 31s and so on. Full Terms & Conditions apply.
*Significant Terms: This offer is available only for new and eligible bet365 customers. This offer applies to the FIRST single bet you place on each race shown live on ITV Racing. If you place multiple selections in the same race on the same bet slip, only the first selection will count as the highest on the bet slip. You must place bets in the usual way and can be paid either from your Withdrawable Balance or your Bet Credits. Bets placed from your Withdrawable Balance will be returned to your Withdrawable Balance, bets you place using Bet Credits will be returned as Bet Credits. This offer applies only to bets placed on Enhanced Place Terms markets and Each Way Fixed Odds markets. All other markets, including Tote/Pari-Mutuel/Colossus (bets and dividends), Anti-Post Bets, and adjusted place terms (Each Way Extra), are excluded. If you edit your qualifying bet with the Edit Bet feature, any refund amount will be equal only to the new stake and not the original stake. If a stake has been fully Cashed Out, it will not apply. Where a stake as been partially Cashed Out, any refund amount or subsequent risk-free bet amount will be equal only to any active stake that remains. Full Terms & Conditions apply.
*Significant Terms: This Best Odds Guaranteed offer is available to new and eligible bet365 customers. It applies to bets placed only on Win and Each Way Fixed Odds Markets and Enhanced Place Terms markets. Every other market, including Ante-Post bets (unless otherwise stated), Tote/Pari-Mutuel/Colossus (bets and dividends) and adjusted place terms (Each Way Extra), are excluded. All horse racing in Hong Kong, Japan, South Korea, Singapore, New Zealand and Australia is excluded. This offer includes Showcast bets, Board Prices and bet365 Early Prices, single and multiples on all racing where a fixed price is offered. Full Terms & Conditions apply.
*Significant Terms: This offer can be claimed by new bet365 customers only. To claim, a deposit of at least £5 (or currency equivalent) must be made within 30 days from your account registration to qualify you for a 100% matched amount in Bet Credits, up to a maximum of £100 (or currency equivalent). Once the offer has been claimed, you will receive the Bet Credits and they will be held in your account balance and are non-withdrawable. To use the Bet Credits you have been awarded, you must place qualifying bets to the value of your qualifying deposit (capped at £100 – or currency equivalent) and these bets you make must settle within 30 days of claiming the offer. Only bets that qualify and are settled after you have claimed the sign up offer will count towards this requirement. The bets you place must meet certain conditions to be able to count towards the release of your Bet Credits. These conditions are outlined in the full terms and conditions. You are not eligible to withdraw your Bet Credits and Bet Credits stakes are not included in any returns. Any returns from Bet Credits placed will be added to your Withdrawable Balance. The use of PayPal, Google Pay, Apple Pay, Paysafecard, Fast Bank Transfer or any other available debit or prepaid cards, for either your qualifying deposit of any subsequent withdrawal of returns from Bet Credits stakes, is not permitted unless your accepted form of Identity Documents and the PVC you entered has been successfully verified by bet365, or bet365 has successfully verified two accepted forms of your Identity Documents. Bet Credits cannot be used on certain products, offers and/or promotions and bet types as detailed in the full terms and conditions. If your account has been inactive for 90 consecutive days, your Bet Credits will be forfeit and eliminated from your account. Full Terms & Conditions apply.

*Significant Terms: This Best Odds Guaranteed offer is available to new and eligible bet365 customers. It applies to bets placed only on Win and Each Way bets on Fixed Odds markets. Every other market, including Tote-Pari-Mutuel/Colossus (bets and dividends) and Ante-Post bets (unless otherwise stated), are excluded. All Australian greyhound racing is excluded. This offer includes Showcast bets, Board Prices and bet365 Early Prices, single and multiples on all racing where a fixed price is offered. Full Terms & Conditions apply.




*Significant Terms: Only new and eligible bet365 customers can claim this offer. This Extra Time Extra Chance offer applies to pre-match bets where a match continues into extra time in all forms of knockout Rugby. It applies to regular season Championship and League 1, English Super League, Super Rugby Aotearoa, Super Rugby AU, and Australian NRL games that play a period of golden point extra time. This offer is valid for all pre-match full time and second half markets. Any markets settled at half time or In-Play do not apply to this offer. If a Rugby match stays tied after extra time/sudden death and a kicking competition is necessary to decide the result of the match, the To Win market will be settled on the final result. Full Terms & Conditions apply.
*Significant Terms: Only new and eligible bet365 customers can claim this offer. This offer is available from 11:59:59 UK Time19 February 2020. It applies to winnings on pre-game accas of 2 or more selections for Men’s Eurocup, Euroleague, Germany Bundesliga, Italy Lega 1, and Spain Liga ACB on the main 2-Way Game Point Spread and 2-Way Game Totals for Match markets. If your stake has been fully Cashed Out, the bonus will not apply. Where a stake has been partially Cashed Out, the bonus is calculated based on the active stake remaining. The bonus applies where all selections within the bet have been marked as won and this has been Cashed out for the full return value. If you edit your qualifying bet using the Edit Bet feature, the bonus will be calculated based on the new stake. If your qualifying bet has been edited to amend or include a selection for an event that is In-Play, the bonus will not apply. The maximum bonus that can be received for this offer is £100,000 (or currency equivalent). This bonus doesn’t apply for bets placed on alternative spread/total markets. It doesn’t apply for bets placed with Bet Credits or combination bets with bonuses such as Lucky 15s, Lucky 31s and so on. Full Terms & Conditions apply.



*Significant Terms: This offer applies to matches played up to and including 31 March 2021. Bets that are placed on the Full Time Result do not apply to this offer. This offer does not apply to stakes that have been 100% Cashed Out. In the case where a bet has been partially Cashed Out and your team goes 2 goals ahead, the bets will be settled on the active stake that remains. If your qualifying bet is edited using Edit Bet before kick-off and your team goes 2 goals ahead, your bet will be settled on the new stake. Where you edited your bet to include or amend a selection for an event that is In-Play, the offer will no longer apply. This offer is available to new and eligible bet365 customers. Full Terms & Conditions apply.



*Significant Terms: This offer is available to new and eligible bet365 customers only. This offer applies for all bets placed from 10am on the day of the race up to 15 minutes prior to the scheduled “off” time for each ITV race. The offer includes only races that are shown live on ITV Racing unless bet365 states otherwise. The bet365 Price Promise is only valid for bets placed on Win and Each Way Fixed Odds Markets. All other markets are excluded from this offer, including Enhanced Price Win Only markets that are separately priced to the Fixed Odds market, Enhanced or adjusted place terms (Each Way Extra), and Tote/Pari-Mutuel/Colossus (bets and dividends). Races covered by this offer are also available for Best Odds Guaranteed. The bookmakers’ prices included in the bet365 Price Promise are William Hill, Sky Bet, Boylesports, Paddy Power, Coral, and Ladbrokes. Full Terms & Conditions apply.
Smarkets Review FAQ
❔Is Smarkets legit?
Smarkets is an online betting exchange that is licensed and regulated by the United Kingdom Gambling Commission and the Malta Gaming Authority. This ensures Smarkets is a name you can trust to offer reliable, transparent, and fair betting. The UK Gambling Commission only work with businesses that adhere to their strict codes on customer service, privacy policy and security. When playing at Smarkets you will benefit from the very latest online security measures that protect you from cyberattack. Your sensitive information will never be accessible to outside sources due to the secure socket layer technology and encryption.
❔What is the minimum bet on Smarkets?
The minimum stake allowed on Smarkets is lower than you will find at many leading sportsbook sites and that makes it attractive to a wider range of bettors. The least you can place on a bet at Smarkets is £0.05 and that rule applies regardless of the bet you are placing or the sport. If you attempt to make a trade that falls below the agreed minimum of £0.05 you will be advised by message to increase your stake before the bet is accepted. Full details of minimum and maximum stakes can be found at the Smarkets terms and conditions on their site.
❔What is Smarket’s sign up offer?
Smarkets offer new customers an attractive sign up offer which is designed to encourage more players to come and try out the site. If you want to register for an account at Smarkets you can do so through this page and the process takes just a few minutes. Click on any link to the Smarkets site to get started. As Smarkets are not a traditional sportsbook they have not allowed themselves to be dragged into the promotions war with the leading names in that field. Instead, Smarkets promise customers the best odds and lowest commission rates around and that ensures a steady flow of new players to the site. They do also run a welcome offer which gives new players a refund on their first bets up to the value of £10 if they lose.
❔Can you cash out on Smarkets?
Cash out has become an incredibly popular feature with sportsbook users since its arrival on the scene. The cash out function is, perhaps, more suited to sportsbook betting. You can cash out or trade out of your bet on the Smarkets exchange, however. Settle your bet early for a profit by placing a bet on the opposite outcome. This is slightly different to the traditional cash out on a sportsbook site but has similar results if done properly.
❔What is Smarkets betting exchange commission?
Because Smarkets is an exchange and not a sportsbook it does not have traders to pay and does not factor in percentages to each price offered. The way Smarkets make their money is by charging a commission on each bet placed through their site. Commission of 2% is charged on profitable bets and it is worth keeping that in mind when you enjoy a winning trade. This is respected as the lowest commission rate in the industry.,
Smarkets Bottom Line
This isn’t a perfect betting exchange by any means… but then again, such a thing surely doesn’t exist. Make no mistake about it, though – we loved our time with Smarkets.
Almost everything about this platform screams class, from the visually-appealing and intuitively-designed layout, to the amount of information you’re given to inform your betting. Most of the fundamentals are executed brilliantly too, whether that be payment methods, security, or particularly customer service.
We only noted two major areas for improvement in our Smarkets review: the slight lack of other betting markets besides football, and the bigger lack of ongoing promotions. That said, these are absolutely, 100% outweighed by the many positives.
Overall, we have no trouble whatsoever giving Smarkets a big thumbs-up, and we highly recommend checking out their solid ‘£10 Welcome Bonus’ today.