What is the Promo Code in 2024?
But first of all, let’s check out the welcome bonus you can grab at Smarkets
| Smarkets Promo Code | Code: COMMF*** |
|---|---|
| Promo Details (2024) | 60 days trading at 0% commission See terms above |
| Eligible Geos | UK |
| Last Verified On | October 2024 |
Contents
Register on Smarkets. Go to the cashier and enter the Smarkets promo code. Deposit Sport.
With our Smarkets promo code, you can expect a welcome bonus: 60 days of commission-free trading. Our bonus code is valid for countries Smarkets accepts, and you can use it on each available sports market. You can read more about that in our Smarkets review below.
You are in for a real treat if you’ve never used a betting exchange. The odds are you probably know the Betfair betting brand – and Smarkets is one of its main rivals for best betting sites in the UK.
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Main Smarkets welcome offer: 0% commission for 60 days
Like any respectable sports betting site, you can kick things off with Smarkets with a welcome bonus offer. However, this is not in the form of a Smarkets free bet. Instead, you can trade for 60 days without paying any commission.
Usually, when you end up in a winning position on an exchange market, you pay a small commission, so the Smarkets promotion is an exception to the rule. Regardless, smarkets already have the industry-best commission rate of 2%, so this is even better.
While that is available, you must meet a few terms and conditions to grab the offer. First, this offer is only available to new customers using the correct Smarkets promo code. Second, you must ensure that your first deposit exceeds £10 or €10. Also, if you use an API or trading software to access Smarkets, you will be ineligible.
How to get the bonus with the Smarkets Promo Code
While there is a lot of talk about bonus codes and online betting sites, you can use the exclusive promo code here at Smarkets. If a new welcome bonus becomes available, which they often do, providing a new promo code may be necessary.
However, all new customers only need to consider making the required deposit minimum and ensuring that they bet on a decent market. Remember, just because your bet is protected up to a certain amount, it doesn’t mean you should just bet on anything. Take your time to browse the markets, do your research, and try to grab an early win.
How to register on the site:
- Click sign up on the main homepage
- Create an email and password, and enter the promo code (if applicable)
- Give your personal details (name, contact, date of birth, etc.)
- Set your preferred deposit method
- Complete the process
Account top-up:
- Log in to your new Smarkets account
- Go to your personal deposits section
- Enter the desired deposit amount
- Click the deposit button once more to process the transaction
Smarkets has many different deposit options available, but using a debit card for the first one is preferable, as the site can be funny about eligibility for the welcome bonus if the first deposit has been made through some of the other options.
How to make your first bet on Smarkets
Before you make your first bet on Smarkets, remember that this site operates as an exchange rather than a mainstream bookmaker site. This is where you can place back and lay bets for sports markets, rather than the usual back bets made at a traditional online sportsbook. For example, say that Manchester City was playing Arsenal, and the bookmaker had 1×2 bets on offer, with the exchange, you can bet against an outcome in the ‘lay’ markets.
When you're ready to make your first bet with Smarkets, look through the markets and become familiar with the back and lay process. The back markets are green and the lay markets are blue. Beyond this difference, the site works like a regular betting site. You will choose the wager you wish to place and add it to the bet slip, and Smarkets will always show you the potential return before you make your bet.
From a new customer's perspective, remember that you get unlimited commission-free trading for 60 days, so you may as well take advantage of it. We encourage you to find a market with quite high odds, for even if it loses, you will still get another bite of the cherry through your free bet.
Top tips for beginners
- Change the odds into a format you are familiar with
- Wait to bet on a larger sporting event
- Watch the live game where possible to get the most entertainment
- Make a back bet, as lay bets are a bit more complicated
Main things to avoid while making your first bet
- Making a lay bet when you thought it was a back bet
- Betting on a market with no liquidity
Money withdrawal: Paypal recommended
Smarkets has a bunch of withdrawal methods for members to use. Of course, this gives flexibility concerning how you get your cash, and some of the key methods right now include Trustly, Skrill, PayPal, bank transfers, Visa/MasterCard debit cards, and Neteller. The minimum that you can withdraw per transaction with Smarkets is £20, but if you bag a win on your first bet your account balance will be larger than this.
Smarkets processes withdrawals quickly, with e-wallet payouts in just a few hours. There are no fees associated with withdrawing funds, and the site keeps things highly secure when processing these transactions.
Steps to withdraw your money:
- Log in
- Head to your balance
- Select withdrawals
- Pick a payment option
- Choose how much you want to cash out
- Process the transaction
If you are rushing to get your money, we highly recommend using the e-wallet options, which are processed quickly. If you don’t have an account with options like PayPal, Neteller, or Skrill, you can always set one up directly from their respective sites. This is free to do, and these are some of the best options for online payments.
Sportsbook top features
Back and lay bets
One of the greatest things about betting on an exchange over a bookmaker is that you can make back and lay bets. To clear up how these work, back bets are your regular bets made at an online bookmaker, whereas lay bets allow you to bet against a particular outcome – which is super useful at Smarkets, as it allows you to cast a wider net with your bets, which gives you more options.
Exclusive accumulators
From time to time, Smarkets will develop its own accumulators that anyone can check out and wager on. This can save you time and effort; you won’t need to pick your markets and add them to your bet slip individually. Plus, Smarkets sometimes bumps the odds for these exclusive accumulator bets, meaning that if you choose to wager on this market and you win, your return could be larger.
Live betting
While it’s common knowledge that betting exchanges have better odds than bookmakers, given how they function, this is even more apparent when exploring live betting markets. Yes, it’s cool that you can see how much money is being wagered on all of the different markets when live betting, but the range of selections that Smarkets provides is something that separates it from other sites.
Upcoming events to wager on
Euro Championships
Football is hugely popular on the Smarkets platform, so you can also expect plenty of bonuses and great markets around this event.
Wimbledon
Wimbledon is one of the best tennis tournaments on the sporting calendar, and it takes place in June/July each year. All the big names are expected to turn out for Wimbledon, including Djokovic, Nadal, Federer, and many others, so make sure you check out the markets.
Champions League
You'll likely also want to explore the Champions League markets, and exclusive markets are constantly opening up with Smarkets – not to mention the bonuses associated with this event.
Smarkets – What are the Bonuses and promotions?
The only bonus you can explore with Smarkets is the commission-related incentive for new users. This might not seem like the greatest range of bonuses when you compare it to other betting sites. However, it is important to understand that Smarkets is an exchange instead of a typical sportsbook. For this reason, the range of markets and competitiveness of the odds are significantly more appealing.
There is also the benefit of Smarkets charging a very small commission for winnings, even outside of special offers. We've seen it when Smarkets ran a promotion to offer 0% commission for specified time frames, which is advantageous to those who lock these offers in.
My top 5 sport/casino promotions/games to bet on with the Smarkets promo code:
- Horse racing betting – tonnes of international and domestic events
- Football betting – the most popular sport on the site by far
- Accumulator specials – unique accumulators offered weekly
- TV and entertainment – a great mix-up from your typical sports betting markets
- Welcome boost – of course, no commission is paid for 60 days
