Last updated: by Leon Marshall

Smarkets Review – A Leading Betting Exchange for Smart Punters

Looking for a modern platform with low fees and plenty of features? This honest Smarkets review covers its betting strengths, and why UK punters choose this unique betting exchange.

🥇 Betting Site
Rating4.6 / 5.0
Number of Sports48+
📈 Average Markets (EPL)260+
🎁 Welcome Bonus0% Commission for 60 Days
⚖️ Regulation
🏆 SmarketsVisit Site!
Full T&Cs Apply! Use code COMMFREE to trade with 0% commission for 60 days. Min. £10/€10 first deposit using Debit Card or Instant Banking. Full T&C’s apply.18+. GambleAware.org.

Smarkets Sign-Up Offer: 0% Commission

The Smarkets sign up offer gives new users 0% commission on all bets for 60 days. To claim, register a new account, enter code ‘COMMFREE‘, and deposit at least £10 using a debit card or instant banking. This Smarkets sign up offer is a great way to start betting with no commission fees.

How to Claim the Smarkets Welcome Bonus

Register Smarkets accountFill out the sign-up form

Choose payment methodSelect debit or instant banking

Confirm first depositDeposit at least £10

The Smarkets bonus comes with simple terms. Only new UK, Ireland, and Malta users qualify. You must deposit £10+ in one go using an eligible payment method. The 0% commission betting bonuses lasts 60 days from your first deposit. After this, Smarkets returns to its standard 2% commission rate. No bonus is given if you use Skrill, Neteller, PayPal, or prepaid cards for your first deposit.


Smarkets Sports Betting Features

Fancy trying something different to the usual bookie routine? With Smarkets betting, you get a real exchange where you can back or lay outcomes, not just pick from fixed odds. The platform gives you access to smart tools like the matched betting calculator and an arbitrage calculator, making it easy to spot risk-free profit chances.

SMARKETS SUMMARY
A look at Smarket’s websiteSports Market Coverage
Football, Tennis, Cricket, Horse Racing, American Football, Rugby, MMA, Baseball, Ice Hockey, Motorsports, Darts, Handball, Table Tennis, Volleyball
Mobile appiOS Android
Bet ExchangeYes
In-Play ConsoleYes
Live StreamingNo
Live Streaming RequirementsN/A
In-Play CashoutYes
Other FeaturesStats, live scores, odds graphs
Minimum Bet£0.05

You can also combine multiple selections into one bet, thanks to their unique multiples feature. The platform supports both back and lay options for multiples, letting you buy or sell an entire accumulator.


Smarkets App Reviewed

We loved the Smarkets app design – everything feels clear, well thought out, and easy to use. Navigation is smooth, with all sports and markets just a swipe away. The app gives you full exchange functionality, so you can back or lay, manage your positions, and trade out in seconds.

Real-time prices, instant notifications, and a handy search tool make finding and placing bets simple. You can switch between light and dark mode, which is a nice touch for comfort. Features like fingerprint login, detailed stats, and second-by-second live updates help you stay on top of your bets.


Payments

If you like using a variety of deposit options, Smarkets gives you plenty of ways to move your money. You can use Visa or Mastercard debit, bank transfer, Trustly, Skrill, Neteller, and PayPal fans are covered too.

SMARKETS ACCEPTS THE FOLLOWING PAYMENT METHODS
Payment MethodDepositWithdrawal Processing
minimummaximumtimefee
Debit Card£10£3,500InstantN/A1 – 3 Days
PayPal£25£2,500InstantN/A1 – 24 Hours
Skrill£10£2,500InstantN/A1 – 24 Hours
Trustly£10£2,500InstantN/A1 – 24 Hours
Neteller£10£2,500InstantN/A1 – 24 Hours
Bank Transfer£10£10,000InstantN/A3 – 6 Hours

All deposits are free and processed instantly, except for bank transfers, which will take a bit longer unless you use the fast banking option, which is available on the site. Minimum deposits start at £10 for most methods, though, as with most PayPal betting sites, the minimum deposit is set slightly higher at £25.


Customer Service

When we put the platform to the test during our Smarkets review, we didn’t just click around for a few minutes – we actually used the live chat, sent a couple of emails, and tried to get help at different times of day. The team replied fast, often within a few minutes on live chat, and always sounded friendly and switched-on. Email responses landed in our inbox within a few hours, and we never felt like we were getting copy-paste answers.

SMARKETS SUPPORT DETAILS
You can reach Smarkets customer service by live chat, phone, and email
.Telephone Number+44 207 617 7413
Address1 Commodity Quay, St. Katharine Docks, London, E1W 1AZ
Post CodeE1W 1AZ
Emailsupport@smarkets.com
Live Chat✔️
Opening Hours09:00–00:00

What stood out most was how the support team handled real questions—clear, direct, and genuinely helpful. If you ever get stuck, you know you’ll get a human answer, not just a scripted reply, as with plenty of their competitors.


Company Info

The company, founded in 2008, runs one of the world’s largest regulated betting exchanges, handling billions in traded volume each year. Smarkets employs over 120 people across offices in London, Malta, and Los Angeles. The platform serves tens of thousands of active monthly users, focusing on sports, politics, and current affairs. Smarkets betting stands out for its tech-driven approach, low 2% commission, and commitment to fair pricing.

AT A GLANCE – SMARKETS COMPANY INFORMATION
Name of OperatorSmarkets Limited
Bookmaker Websitewww.smarkets.xxx
Chief Executive OfficerJason Trost
Licence InformationLicensed by the UK Gambling Commission – 33562
Revenue£25M
Employees140
Sister SitesSBK
Hibernian FC / Various Horse Races

Conclusion

Smarkets is quickly establishing itself as one of the UK’s biggest betting exchanges. The platform stands out for its low 2% commission, broad market coverage, and user-friendly design, making it a strong alternative for punters looking for a top exchange with modern features and lower fees.

OUR OVERALL CONCLUSION ON THE SPORTSBOOK
MarketsSupportLive BettingMobile AppBonusOverall
4.7/5Very Good4.8/5Very Good4.8/5Very Good4.9/5Very Good4.2/5Good

With high ratings across all categories—markets, support, live betting, mobile app, and bonus – Smarkets is now firmly among the best betting sites for UK punters. If you’re searching for a reliable, secure, and rewarding betting exchange with low fees, Smarkets is well worth your attention.

Smarkets Back or lay any outcome Smarkets: Industry-low fees Visit Site! Full T&Cs Apply! Use code COMMFREE to trade with 0% commission for 60 days. Min. £10/€10 first deposit using Debit Card or Instant Banking. Full T&C’s apply.18+. GambleAware.org.

Frequently Asked Questions

Got questions about how Smarkets betting works? We’ve picked the three most common topics that make Smarkets stand out – so you can get straight answers on the platform’s best features.

What makes Smarkets different from a regular bookie?

Smarkets is a true betting exchange, not a bookmaker. You can both back and lay outcomes, set your own odds, and trade bets in real time. With Smarkets, you’re betting against other users, not the house, and you benefit from industry-low 2% commission fees.

How does the trade out feature work on Smarkets?

The trade-out feature lets you lock in a profit or limit a loss before an event finishes. You can place a bet on the opposite outcome of your original bet, and Smarkets will calculate the stakes for you, so you’re always in control, even when in-play.

What tools does Smarkets offer for matched betting and arbitrage?

Smarkets provides a dedicated Matched Betting Hub with a matched betting calculator, advanced search, and boosted price specials. The platform also welcomes arbitrage punters and offers an arbitrage calculator to help you guarantee a profit when the right odds appear at different bookmakers.