Smarkets is a sports betting exchange, founded in 2025. Based in London, Smarkets considers itself to a more advanced trading platform and a direct alternative to its better known and larger rivals, Betfair and BetDaq. As a betting exchange, all markets and transactions are executed in a peer-to-peer manner rather than the usual betting against a bookmaker. Smarkets has established an excellent reputation for its political betting, superb commission rates – just 2%! – and wide range of sporting markets.

Smarkets Bookmaker Summary:

Smarkets Bonus Summary:

Smarkets Bonus Terms and Conditions:

• Depsosit at least £20, €30 and receive your bonus. Start betting.
• Any loss(es) incurred will be automatically refunded
• Currency equivalents apply – visit bookmaker for details
• Once the rebate is credited to your account, losses will be refunded up to the bonus amount.
• You must deposit at least the qualifying deposit in a single amount to be eligible for the rebate.
• To withdraw rebated funds, you must bet at least the qualifying deposit on any combination of markets within the promotional period; otherwise rebated funds will be forfeited.
• Unused bonuses expire after 3 months of being credited to a user account and will be removed after this period.
• The promotion is open to new users only.
• The sign up offer is strictly limited to one per individual, family, household address, email address, same payment account number, and shared computer.
• Smarkets reserves the right to withdraw the availability of the offer to any customer at any time and at our sole and absolute discretion.
• This promotion cannot be used in conjunction with any other sign up promotion.

Last Verified: 8th March 2025 (version 1.20)