SMarkets Review – Is SMarkets the best Betting Exchanges of 2023?

We compare SMarkets against the best Betting Exchanges!

Smarkets was developed in 2008 by Americans Jason Trotter and Hunter Morris as a betting exchange. There are offices for the business in downtown London, Los Angeles, and Malta.

It began as a small group of investors and technologists seeking to apply financial trading techniques to the sports betting industry.

It is a rapidly expanding international technology company, yet it continues to operate as a conventional betting exchange.

Pros & Cons of Smarkets review: 

• Simple and easy to navigate
• Great political trading markets
• Great rate of commission

• Missing streaming and audio services
• Criticism made about app performance
• Uninspiring offers

SMarkets Review: Bonus Offers – What offers can you get at SMarkets?

Just when you think a 2% flat commission rate at a betting exchange is a steal, Smarkets drops it significantly. If customers remember to enter the discount code: COMMFREE while registering their accounts, all new sign-ups can enjoy up to 60 days commission-free. A £10 qualifying first deposit seals the agreement and begins the 60-day countdown. When making the payment, avoid using Neteller, Skrill, PayPal, or any pre-paid/virtual card.

This offer is only accessible to new players in the United Kingdom who do not join up through an API or trading software platform. Players must be at least 18 years old. The standard terms and conditions apply.

SMarkets Review: Usability, Look & Feel – A simple to navigate site

The Smarkets home page is a straightforward two-column layout with an immediate ‘Refer a friend’ campaign that allows members to introduce a new account and receive an additional £10 incentive.

The current leading markets are then shown in the center of the screen. Five events are listed, and the viewer can scroll down to view horse racing and football markets.

A drop-down menu next to the Smarkets logo directs the user to a variety of sports, including football, cricket, darts, and rugby, as well as politics and current events. The client balance and active bets with a selection of popular events are displayed plainly and loudly in the right hand side column.

Some may describe the UI as boring, but it is a sturdy and easy-to-navigate page that is a welcome reprieve from a number of cluttered sites.

SMarkets Review: Payments – The usual options are available here.

Skrill, Neteller, Bank Transfer, Visa Credit Card, Visa Debit Card, Mastercard, and Solo/Maestro are among the deposit methods accessible, with transactions available for withdrawal using similar formats in a simple and secure environment.

SMarkets Review: Customer Service is available 24 hours a day, seven days a week!

Smarkets’ assistance menu includes links for ‘Betting on Smarkets’ and ‘Betting Education,’ and the company offers plenty of advice through its contact page, which includes email and Twitter addresses, as well as a 24-hour, seven-day-a-week live chat for signed in customers of Smarkets.com.

The page also provides information on minimum and maximum withdrawals, documentation required for account verification, and Smarkets terms and conditions.

Smarkets Sports Betting

SMarkets Review: Betting Markets – Provides information on all main markets

Smarkets offers betting on all of the sports you’d expect to find at most large bookmakers, but football definitely takes center stage, with their current top markets offering Premier League betting at the time of review. They recently launched Asian handicap betting and ‘First Goalscorer’ markets.

The organization has a great reputation for political betting, with markets on UK and global politics such as ‘Trump leaving date,’ ‘Trump to serve full-time,’ and ‘Articles of impeachment against Trump’ accessible. Exchanges for ‘Senate Majority’ and ‘House of Representatives Majority’ are also available.

UK politics markets have been reported to include ‘UK to leave the EU by March 29 2019’, ‘Jeremy Corbyn exit date’, and ‘Theresa May exit date’.

The variety of markets offered on Smarkets is unparalleled among online gaming sites.

Odds

Bettors at Smarkets can take advantage of competitive odds on a wide choice of betting markets offered on the sportsbook.

Live Betting & Streaming 

Smarkets does not offer live streaming, which is disappointing, as is the absence of live and informative radio broadcasts or audio commentary services, all of which enhance the betting experience.

Meanwhile, expert analysis is always advantageous with an exchange because angles for back and lay tactics can be investigated – as with betting betfair – and unhappily, no competitive editorial read is available.

SMarkets Review: Smarkets In-Play

Smarkets’ in-play markets are standardised but simple and concise. The user can play the odds on a range of sports and events by clicking any ‘In-Play’ button.

The most recent odds are continually changing, and it is an especially outstanding capability.

Members can pay out a bet on pre-match and in-play events using the ‘Trade-Out’ option, allowing them to essentially ‘lock-in’ a profit or cut their prospective losses.

SMarkets Review: Summary of the Product – All the markets you need in one spot

Smarkets’ offerings are very appealing to us. Their user-friendly website is an innovative and up-to-date website that is fast and easy to access, and above all, they have the reputation of being one of the top providers of political and current affairs markets, if not the best.

Overall Conclusion – An exchange worth checking out

Even those who are new to the peer-to-peer aspect of betting will find Smarkets’ simplicity and ease of use intriguing.

Although liquidity has historically been a concern for Smarkets, it has been stated that as they continue to grow and compete with Betfair, their liquidity stats are improving.