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Smarkets Promotional Code

Verified on 24 Oct 2020 ✓

Smarkets Promotional Code: Get £10 Welcome Bonus

Key T&Cs – SBK terms: 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.

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Smarkets Promotional Code: Get £10 in Bonuses

If you’re looking to get your hands on the latest Smarkets promotional code, you’ve come to the right place. New customers wanting to create an account can get £10 in bonus credit to use on the betting exchange.

But that’s not all! In addition to the Smarkets sign up bonus, we also have info on the £20 risk-free bet available for SBK app users.

What Can I Get With the Smarkets Promo Code?

Let’s get to the heart of the action – and the main reason why you’re on this page – the Smarkets promo code offer. The table below highlights this month’s main bonuses.

Smarkets bonus offerPromotion detailsSmarkets Promo Code
Smarkets welcome bonus£10 bonus creditComing soon
Refer a friend£10 risk-free bonusComing soon
SBK App New Customer OfferDeposit £20. Get £20 Risk-freeComing soon

Key T&Cs – SBK terms: 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 Promo Code: Step-by-Step Guide to Claiming the Bonus

One of the key features of this site is its focus on the user’s experience. This starts from the very first click. The design – across all platforms – is clean and easy to navigate.

Therefore, even for punters new to betting on an exchange, it’s not overwhelming. That said, if you’d like some guidance on the Smarkets registration process and how to use the Smarkets promotional code, follow these steps:

  1. To get the ball rolling, click on the ‘Get Bonus’ button below. You’ll be redirected to the betting site.
  2. Click either the ‘Claim Bonus’ or ‘Create Account’ buttons to reveal the registration form.
  3. On the first part of the sign-up form, there is a field where you can enter the Smarkets promotion code.
  4. Once you have created your account, proceed to the banking section to make your first deposit.
  5. Your Smarkets welcome bonus is now active in your account.

smarkets-sign-up

Smarkets Sign Up Offer Bonus Details

We encourage all bettors to review the terms and conditions before claiming a bonus. From this, you can determine the value of the offer, and whether it is suited to your style of betting.

  • New UK customers only. 18+.
  • You must make a minimum deposit of £20 to activate the bonus.
  • Deposits made from e-wallets, virtual or prepaid cards are not eligible to claim the Smarkets 10 free bet bonus.
  • Once you’ve been credited with the bonus, you’ll receive £10 back in refunds on your losses.
  • To withdraw rebated funds, you must bet at least the amount you deposited.
  • Unused bonus funds are removed from your account after seven days.

We summarised the main points of the Smarkets promo code bonus, and we’re happy to report that we have no complaints with this deal.

Smarkets Welcome BonusBonus Promotion details
Smarkets Welcome bonus£10 bonus credit
Minimum Deposit£20
General conditionsNew UK customers only. 18+
Excluded Deposit MethodsE-wallets, virtual or prepaid cards
Smarkets Promo Code 2020Not yet available

Smarkets Promo Code

Key T&Cs – SBK terms: 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.

Other Smarkets Promotions

Although betting exchanges do not offer as many regular promotions as traditional online bookmakers, they provide value in other ways, which more than compensates for this.

Smarkets exchange is known for having the best betting odds around. Furthermore, the margins are close to 100%, so punters are guaranteed true betting value. These reasons are why this betting site is the preferred choice for serious bettors who want to make top profit on their wagers.

2% Commission

Smarkets betting exchange is a platform that enables punters to bet against each other rather than the traditional punter versus bookie relationship. Therefore, the way this company makes money is by charging a fee on winning bets. The Smarkets commission is 2%.

To offer some context, Betfair – the world’s biggest online betting exchange – charges 5%. Therefore, every £100 you win, you keep £3 more by using Smarkets. That may not sound like much, but it adds up over the course of a year, so it really is a big deal.

Refer a Friend

Get your mates to join and earn a £10 risk-free bet. Your friends will need to use your unique Smarkets referral code when they register an account. You can refer up to 50 friends, which means up to £500 in free bets. Deposit restrictions and other terms apply. Contact customer service for your Smarkets referral code once your account is verified.

SBK New Customer Offer: Deposit £20. Get £20 Risk-Free

SBK is a sportsbook created by Smarkets. New customers who fancy trying this product should grab the SBK sign up offer, which is a £20 risk-free bet. All you need to do is make a £20 deposit by debit card, bank transfer or Trustly.

Then, you place your first. If this wager loses, your stake will be refunded (up to £20) in cash. The great thing about receiving cashback (compared to bonus bets) is that you keep your stake when you place your next bet (if it wins). With bonus bets, you don’t.

Check out our mini SBK review below for more information on this product.

SBK App New Customer Offer

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 Betting Markets

You’re probably eager to know what markets you can use the Smarkets promotional code on. For starters, you can bet pre-match or live in-play on sports events from all over the world, including football, basketball, horse racing, greyhounds, rugby, esports, tennis, cricket, and American football, among others.

As with most online betting sites, football is the main sport. Smarkets covers all the big European leagues, as well as plenty from South America, Asia, and Australia.

For the big matches, there’s a plethora of betting markets like 1X2, BTTS, correct score, draw no bet, total goals, Asian handicap, and many more. However, things do thin out when looking at matches from the Faroe Islands Premier league for instance.

Other sports follow a similar pattern. For top-flight action, there’s enough variety to appease even the most avid punters, but you’re restricted to only the main match markets for less popular events.

That said, the number of markets is a secondary factor when betting on an exchange. The key is liquidity. You need other punters to match your bets. In this regard, this site is improving all the time as more customers come on board.

Besides sports, you can use your Smarkets promo code bonus for betting on politics. There are a range of categories, including UK, USA, Europe, and the World. Also, the current affairs category is popular, with financial markets, bets on the Nobel Prize, the TIME person of the year, and the environment are all available.

Smarkets Exchange

As the name suggests, a betting exchange is a place for punters to ‘exchange’ bets with one another. Thus, replacing the traditional bookmaker from the transaction. There are two parts to each bet selection:

  • Back: Yes, the selection will be correct.
  • Lay: No, the selection won’t be correct.

For example, if there is a tennis match between Roger Federer and Novak Djokovic, and you think Federer will win. You can ‘back’ Federer (to win) or ‘lay’ Djokovic (to lose).

In effect, the lay half of the bet is the service that the bookmaker provides. Therefore, on an exchange, if you place lay bets, you are assuming the liability for the payout.

So, if Federer is 4/1 to win; the lay bet (on him losing) will cost you 4 units to win 1. This is the same as backing Novak at 1/4.

In addition to the Smarkets promotional code, there are several benefits to betting on the Smarkets Exchange, such as increased odds, lower margins, and true market value. However, as touched upon above, the markets need to have liquidity to match everyone’s bets.

SBK Sportsbook – Powered by Smarkets

The SBK app was launched in August 2019. This is a traditional sportsbook, so you are betting against the bookmaker. However, there are a few interesting features that make this product stand out.

Highlighted above is the SBK sign up offer. This is a risk-free bet that’s available to all new customers using the SBK promo code. Punters can bet on a range of sports, such as football, horse racing, greyhounds, cricket, basketball, and tennis, among others.

Plus, you can use your SBK sign up offer if you want to bet on politics, current affairs, and entertainment.

Overall, there are a respectable number of match betting markets, but it does need a few more to compete with the established big hitters in the UK market. To compensate for this SBK betting is focussing on value and transparency.

The app compares market prices against other leading sportsbooks, and it shows bettors where it offers the best value.

Furthermore, you can follow other users, or see how your mates are doing with their bets. There’s also a tips section to enhance a community betting environment. We couldn’t find too many SBK betting offers other than the (SBK) Smarkets free bet for new users.

Smarkets Live Betting & Streaming

At the moment Smarkets doesn’t offer any form of live streaming for events on its betting exchange or the SBK sportsbook. This is not uncommon for a new operator, and hopefully, as the platform matures, this feature will be added to provide customers with a fuller online betting experience.

You can, however, partake in live betting across both products. The number of events is limited at times, but all of the big matches like EPL, and European football are available, plus a host of other national and international events.

While researching this Smarkets review, we noted that punters cannot place in-play accumulator bets on the exchange. This is something to consider if this is your preferred style of betting.

Smarkets App

Are you someone who likes to bet on the go? If so, the Smarkets app is all you need. It is available for both iOS and Android devices. However, if you use a Windows phone or another device, you can still use a browser to access the Smarkets mobile website.

The mobile app, which is superbly designed, comes with the features that are available on the desktop. You can use the Smarkets promotional code to claim the 10 free bet credit sign up offer.

All of the sports, politics, and entertainment betting categories can be found in the menu, and there are graphs and tables to show you betting patterns, how much cash has been traded and the market’s margins.

Smarkets Payment Options

This operator has a reputation for fast payouts, which is another appealing aspect to punters. Furthermore, it provides a comprehensive range of payment methods for you to choose from, including:

  • Visa debit card
  • Solo / Maestro
  • Mastercard debit
  • Neteller
  • PayPal
  • Skrill
  • Trustly
  • Bank transfer
  • Open banking

The operator recommends using Visa debit for instant deposits and unlimited withdrawals. We advise you to check out the information in the help centre for full information on the deposit and withdrawal limits for each payment option.

Also, don’t forget the payment restrictions when using the Smarkets promotional code to claim the welcome offer.

Smarkets Customer Service

Another positive is that this site offers 24/7 support. You can reach out via:

  • Live chat: only available to registered customers.
  • Email: support@smarkets.com
  • Phone: +44-207-617-7413
  • Twitter: @SmarketsTech

There is also a very informative help centre with loads of FAQs ranging from how to get started with the exchange, what to do with your Smarkets promotion code, and much more.

Smarkets Promotional Code – FAQ

We’ve attached some popular FAQs to summarise the information provided on this page.

Is there a Smarkets Promo Code Currently Available?

All the latest codes, including the SBK promo code, can be found in our table at the top of this page.

Who can Claim this Promo Code Offer?

The current Smarkets and SBK bonus (promo) code offers can only be claimed by new customers who are 18 years or older.

Is there a Mobile Bonus?

While this isn’t an exclusive bonus for the Smarkets mobile app, you can still claim the free £10 betting credit welcome bonus on all mobile devices.

Can I Claim this Bonus in Addition to Other Existing Offers?

It states in the terms and conditions that the betting exchange offers cannot be used in conjunction with any other offers. However, as the sportsbook SBK promo code bonus is a standalone product, you may be eligible to claim both.

I can’t Seem to Obtain the Bonus, what should I do?

If you have any issues related to the Smarkets bonus code offer, please contact the customer support department. We have provided the contact details above.

Smarkets Review

Smarkets is showing a lot of promise, and every month its platform is growing. There are many positives – the sign up bonus effectively gives you a Smarkets free bet to play with, the range of markets are continuously improving, hassle-free banking and 24/7 support.

Furthermore, the addition of a sportsbook and the SBK bonus means that punters have even more options and great odds.

No live streaming and some illiquid markets are the main drawbacks, but for many punters, getting true betting value and only paying 2% commission on winning wagers offset those negatives.

What We LikeWhat We Don’t Like
Outstanding oddsNo live streaming
Easy to use mobile appCannot place in-play acca bets
Risk-free bet for SBKSome bets don’t get matches in less popular markets

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