Smarkets Profile

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Smarkets

Location: England
Established: 2008
Type: Privately Held Company
Gaming License: Malta

Smarkets Deposit & Withdrawal Information
Payment Method Deposit Min. Deposit Time Deposit Fee Payout Min. Payout Time Payout Fee
NETELLER £20 Instantly None £20 1~2 Business Days None
Skrill £10 Instantly None £10 1~2 Business Days None

※ Maximum Deposit (per NETELLER transaction) = US$5,000/€5,000/£5,000, Maximum Deposit (per Skrill transaction) = US$5,000/€5,000/£5,000
※ No maximum withdrawal limit placed on transactions via NETELLER or Skrill

Smarkets Betting Currencies
Australian Dollar (AUD) Euro (EUR) Norwegian Krone (NOK)
Canadian Dollar (CAD) British Pound (GBP) Polish Zloty (PLN)
Swiss Franc (CHF) Hong Kong Dollar (HKD) Swedish Krone (SEK)
Czech Republic Koruna (CZK) Hungarian Forint (HUF) US Dollar (USD)
Danish Krone (DKK) Japanese Yen (JPY)
Smarkets Professional Sports Sponsor History
League Name・Team Name Year Sports
Queens Park Rangers F.C. 2015-current England – Soccer

Why Smarkets?

  • Betting exchange
  • 2% commission paid to Smarkets only when you win
  • Live chat support (9:00 a.m. – 11:00 p.m. GMT)

A fairly recent addition to the betting exchange industry, Smarkets’ commission model, which is a flat 2% commission when you win a bet, is quite attractive compared to well-known competitors like Betfair whose commission can be as high as 7% regardless of winning or losing a bet.

As for what is the difference between a bookmaker and a betting exchange, simply put a betting exchange allows for fellow bettors to swap or ‘exchange’ bets with one another in person-to-person betting as opposed to betting against a bookmaker. The advantage of a betting exchange compared to a traditional bookmaker is that bettors can achieve better odds (up to 25% better).

※ At last confirmation, Smarkets does not accept players from the following countries: American Samoa, Democratic People’s Republic of Korea (DPRK), Ecuador, Ethiopia, France, Indonesia, Iran, Kenya, Myanmar, Nigeria, Pakistan, São Tomé and Príncipe, Spain, Syria, Tanzania, Turkey United States Minor Outlying Islands, United States, US Virgin Islands, Vietnam, and Yemen (note this list is subject to change and any inquiries for approved countries should be made to Smarkets directly)

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View here for a detailed review of online bookmaker Smarkets in addition to the reviews of other top sportsbooks for comparison.

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