Smarkets Review 2020: Get a £10 Welcome Bonus

27 July 2020
par Better Collective

Commercial content | New Customers Only | 18+

This Smarkets review will tell you everything you need to know about an innovative betting exchange for those in the know. Discover the Smarkets exchange and explore different ways to bet and trade.

Smarkets ReviewOur rating
Welcome offerSign up and get £10 credit when you deposit £20
4/5
Markets5/5
Odds5/5
Streaming/Live options3/5
Mobile App5/5
Payment options4/5
Customer service5/5
Average grade4/5
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Key T&Cs: New customers only. Deposit £20 using Debit Card, bank transfer or Trustly. Up to your first £20 of losses will be refunded as CASH within 24 hours of qualifying bet having been settled. T&Cs apply.

Smarkets Welcome Bonus – 4/5

There is no need to use a Smarkets promo code to claim your welcome bonus at the moment. But if that changes this Smarkets review will update to tell you. The sign up offer is a free £10 credit to your new account once you have made your first deposit.

There are bigger new customer offers out there, but this Smarkets review writer believes that what you get at this site is worth more. So the welcome offer is a great way of starting out on an exciting journey into the future of sports betting and trading.

How to claim the Smarkets Welcome Bonus

Betting Markets/Available Sports – 5/5

This is an area where Smarkets really excels. The range of sports is much the same as the majority of other top betting sites. But it is what you can do at the Smarkets exchange that really excites this Smarkets reviewer.

All popular and favourite sports are available, such as:

  • Football
  • Horse Racing
  • Tennis
  • Golf

There are also innovative markets covering politics, television and entertainment.

The ability to lay bets as well is a huge plus as it gives customer account holders the opportunity to take ‘the other side’ of the bet. There is much more freedom using the Smarkets exchange.

Smarkets Odds – 5/5

Because of the way that the Smarkets exchange is set up, the odds offered are very competitive with the rest of the industry. Smarkets take a commission on trades, rather than taking the bet in a conventional manner.

So there is more chance to win bigger payouts on your bets and trades.

Taking a German Bundesliga game between Bayern Munich and Borussia Dortmund as an example, there is so much data provided to inform your betting. Smarkets is using trading techniques to improve the old ways of sports betting.

Streaming and Live Betting at Smarkets – 3/5

This is the only area where this Smarkets review has marked the operator down. But that is only because there are no live streaming options on the site. That may change in the future – but at the moment you cannot watch the action as well.

But the live betting opportunities on the Smarkets exchange are virtually never-ending. There are up-to-the-minute information and odds to help you make your selections and place your bets in a very easy-to-use way.

Smarkets Mobile App – 5/5

This is another area of expertise in the opinion of this Smarkets review. As to be expected from one of the new brands in the industry, Smarkets has an excellent app that can be downloaded onto any device – including iOS and Android.

There are actually two Smarkets mobile apps. One for the general trading side of the operation – and SBK, the mobile sportsbook.

The mobile apps allow customer account holders even greater freedom to use the Smarkets exchange and make their selections wherever they are. The ability to react to the latest news and then place a bet is what mobile apps were invented for.

Smarkets App

Smarkets Payment Options

Looking after your money at Smarkets is very straightforward – and secure. That gives you more time to concentrate on your betting and trading.

To deposit funds into your account you can use a range of payment methods:

  • PayPal
  • Trustly
  • Visa Debit
  • MasterCard Debit
  • Neteller
  • Skrill
  • Bank Transfer
  • Maestro/Solo

All deposits are absolutely free and the funds will be in your Smarkets account instantly. Most of the options have a £10 minimum, but Bank Transfers and PayPal are £20 and Trustly £40.

Withdrawing your winnings is just as easy and will usually take 1-2 business days for the majority of payment methods.

Customer Care

As to be expected from a newer name in sports betting, Smarkets has excellent customer service to go along with their operation.

Using the site is very easy, so you might not even have to get in touch. But if you do have any issues or queries you can contact the help team by email, phone or live chat. You can also get a swift response from Smarkets’ various social media platforms.

Our Verdict – 4.5/5

We are always keen to check out something new and innovative – and Smarkets doesn’t disappoint. The welcome bonus might not be the most exciting in the world. But we think what you get as a customer account holder more than makes up for that.

The extensive range of betting opportunities and markets is very impressive. You are also able to take in so much information to prepare for your betting or trading. It is definitely the opinion of this Smarkets review that you should take a look at the Smarkets site and discover it for yourself.

👍 What We Like👎  What We Don’t Like
Range of betting👎  Small welcome bonus
👍 Great betting odds👎  No live streaming
👍 Innovative mobile apps

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