Up

Smarkets Review

Bookmakers rated 3 offer mid-level services and are currently in trial period.

Contents

Company Review

3/5
Paruyr Shahbazyan
The founder of the website

The British betting exchange Smarkets was founded in 2010 by two young programmers, Jason Trost and Hunter Morris.

The firm, works under licenses from the United Kingdom Gambling Authority, and the Malta Gaming Authority. Unlike the betting exchange Betfair, Smarkets offers commission as low as 2%.

As a betting exchange, all betting is peer-to-peer rather than against a bookmaker; Smarkets allows traders to agree odds amongst themselves. Establishing a reputation for its political betting, Smarkets also offers betting on sports, current affairs and popular culture.

However, the number of markets and liquidity they offer is relatively poor. We have seen a number of companies trying to compete with Betfair, by offering lower commissions. Unfortunately the majority of these do not achieve success.

Expand Fold
Characteristics of the bookmaker
Pre-match
2/5
In-game
2/5
Odds
3/5
Convenience of payments
4/5
Support
3/5

Website languages

EnglishEnglish

Products and apps

Web
Mac
Sporr products
Sport
Services
Registration
Депозит
- English version - Mobile version

Payment methods

Deposit Withdrawal
Sum Time Commission Sum Time Commission
from $20 to unlimited instant 2.5% from $20 to unlimited 1-6 days [1] 0%
from $20 to unlimited instant 2.5% from $20 to yes [1] 1-6 days [1] 0%
from $20 to unlimited instant 0% from $20 to yes [1] 1-6 days [1] 0%
Expand all (8)

Accepted currencies

Australian dollar
Canadian dollar
Swiss franc
Czech koruna
Expand all (14)

Support

Competence
Politeness
Response time
Competence
Politeness
Response time
~1-5 min
Competence
Politeness
Response time
~30 min

Reliability

Doesn't accept Bookmaker Ratings
as an arbitrator
There is a company respresentative on the Bookmaker Ratings website
Attitude to speculators:
Doesn't lower the maximums

Licenses (2)

Reviews (0)

Reliability
0/5
Convenience of payments
0/5
Pre-match
0/5
Support
0/5
In-game
0/5
Bonuses & Promotions
0/5
Odds
0/5

Assessment history

13.03.2012
Smarkets has been added to the Rating

Company information

Smarkets
UK London EC2A 1DX 4th Floor North, 22-25 Finsbury Square
+442076177413
Unknown
2008
Unknown

Pros and cons

Pros
2% commission instead of 5%
Cons
Low liquidity
Narrow line

Organisations (3)

To avoid problems, we recommend that you use bookmakers with a rating of 4 or 5!