General Information
As well as its sports trading and exchange offer, SMARKETS also offer trading on special events and politics so there is something for everybody. Sports however is where the main thrust of their offer is. SMARKETS has positioned itself in the niche of exchange trading, so of course is competing against the “big dogs” in that area, Betfair and Betdaq. So how do they differentiate and offer the punter/trader value? In the short time that they have been on the market, the SMARKETS exchange has seen more than five billion pounds traded so you know the system and platform is robust. The key to this is that they have developed, and continue to develop the platform totally in house. The background of the founder and his team is mathematics and finance so you could call it a “geek” tech company.
The great thing for the customer is that they are getting pure trading tools in which to make as much money as possible. And just as recently as April 2017 they were named the 25th fastest-growing company in Europe in the inaugural FT1000 ranking.
They offer a very easy to use peer to peer trading platform with very strong liquidity in all major sports markets, and as well as the sign up bonus offer you can lock in commission at just 2%. Sign up for a SMARKETS account TODAY!
Deposit & Withdrawals
The minimum and maximum deposit amounts vary depending on your chosen deposit method. The table below explains the amounts for each payment option. Visa debit card £/€10 minimum Solo / Maestro card £/€10 minimum Visa credit card £/€10 minimum MasterCard / Eurocard £/€10 minimum Neteller £/€20 min / £/€5k daily max Skrill £/€10 min / £/€5k daily max Bank Transfer £/€10 minimum.
The minimum and maximum withdrawal amounts vary depending on your chosen deposit method. The table below explains the amounts for each payment option: Visa debit card £/€10 minimum, no max Solo / Maestro card £/€10 min, limited to deposit amount. Visa credit card £/€10 min, no max MasterCard / Eurocard £/€10 min, limited to deposit amount Neteller £/€10 min, no max Skrill £/€10 min, no max Bank Transfer £/€20 min, no max. On our site you will also find information about SMARKETS bonus and SMARKETS mobile app.
Customer Service
Email: support@smarkets.com Twitter: @SmarketsTech Live Chat: 24 hours a day, 7 days a week (Logged in users only, visit smarkets.com) Phone: +44 207 617 7413 (Customers only, 09:00-19:00) Post: 1 Commodity Quay St. Katharine Docks London E1W 1AZ United Kingdom
License Information
You can check out the SMARKETS gambling license here
MR S CURLEY
19 January 2021
Comment from uk.trustpilot.com
Please be very very careful if you use this exchange, I was betting during the final frame frames of snooker match. Obviously the odds will fluctuate wildly. I backed at 2/1 and waited until the stage of the frame at which someone found that price of interest to them as you would do for example in an in-running horse race. My offer of £300 was taken up earlier than I expected- in fact straight away. My player went on to win and my account looked very healthy which was a great feeling as I`m a continual loser. I withdrew the money straight away to stop me losing it the same evening, The following day I learned that my winning bet was voided and the money taken from my withdrawal. I was told it was because of their `erroneous bets rule`. It was +/- 15 % from the `true-market` price they said. (who on earth would know this in a volatile market). What I suspect is happening is that their own traders are using this rule to `mop up` some free bets knowing that they can reclaim the money if they lose. I had no idea of this rule and would never have thought to reclaim my losses should the result have gone against me, How could I possibly have any faith that I will be paid out in the future especially in low liquidity volatile markets. So I intend to close this account once I`ve investigated them further, Please be careful before you fall into their trap.