Largest marketUnited Kingdom
10,400 daily
· 26.5% share
United Kingdom rating3.5Recorded country profile rating
Smarkets Overview
Smarkets is a betting exchange operated by Smarkets (Malta) Limited and licensed by the Malta Gaming Authority and the UK Gambling Commission. Founded in 2008, it accepts players in eight countries, including the United Kingdom, Ireland, Malta, Sweden and Brazil.
The platform lets players bet against each other through back and lay markets rather than against a bookmaker. That structure gives the exchange a trading-oriented character.
Smarkets Betting Experience
The exchange covers 23 sports, including football, horse racing, tennis, cricket, golf and politics. In-play betting, esports and futures markets run alongside the main competitions.
A standard 2% commission applies, with temporary 0% offers appearing at times. Prices are driven by market activity, so liquidity determines the odds available on each event.
Platform Design & Usability
Android and iOS apps provide access to exchange markets, order books and live market percentages. Real-time liquidity visibility helps users judge available prices before placing a bet.
A betting calculator, matched betting tools and the Profit Hub support strategy work. Live streaming is not offered, and multi-factor authentication is available on accounts.
Brand Positioning & Appeal
Smarkets is positioned for analytical bettors, matched bettors and traders rather than casual customers. Its appeal rests on commission pricing and exchange liquidity, not on promotions.
Payments include PayPal, Skrill, Neteller, Trustly, Visa Debit, Mastercard and bank transfers. Responsible gambling tools cover deposit, stake and loss limits, time-outs, self-exclusion and gambling blocks.
Traffic and ranking statistics
Source-recorded monthly data
Global rank over time
9 over 3 months
A lower number is a stronger global rank. Hover or focus a point for its recorded value.
#162#172
JunJulAugSepOctNov
Daily visits per country
Estimated daily visits by country
Country
Daily visits
Share
Rank
United Kingdom
10,400
26.5%
#30
Sweden
790
2.0%
#36
Traffic and rank figures are reproduced from the published source record. They are estimates, not operator-reported audits.
Pros and cons
Pros
Low 2% commission on exchange bets
Back and lay betting against other users
Strong liquidity on major sports markets
Tools for matched betting and trading strategies
Licensed by Malta and UK regulators
Cons
Less beginner friendly than traditional sportsbooks
Exchange liquidity can be weaker on niche markets
Limited promotions compared to standard bookmakers
American footballAthleticsAussie rulesBaseballBasketballBoxingCricketCyclingDartsEntertainmentFootballGolfHandballHorse racingIce hockeyMotorsportsPoliticsRugbySnookerSwimmingTable tennisTennisVolleyball
Frequently asked questions
5 answers
Is Smarkets safe and legal to use?
Smarkets holds active licences from the UK Gambling Commission and the Malta Gaming Authority. Both regulators impose player protection and financial security rules, and the exchange model keeps pricing transparent.
What payment methods does Smarkets accept?
Smarkets accepts bank transfers, PayPal, Skrill, Neteller, Trustly, Visa Debit and Mastercard. The seven methods cover cards, e-wallets and open banking transfers for deposits and withdrawals.
How long do Smarkets withdrawals take?
Open Banking withdrawals are usually processed within 12 hours. PayPal, Skrill, Neteller and Trustly take one to two business days, while card withdrawals can take one to six days and bank transfers five to ten.
What are Smarkets's betting limits?
Limits depend on exchange liquidity rather than fixed bookmaker restrictions. The minimum stake is €0.05 and the maximum stake per individual bet is €99,999.99, with larger amounts possible across several bets.
What responsible gambling tools does Smarkets provide?
Smarkets provides deposit, loss and stake limits, time-outs, self-exclusion and gambling blocks. Self-assessment tests and safer gambling guidance are available, and UK users can register with GAMSTOP.
User comments
5 published
ee241001
EE
1/5
Stole my money. Blocked my account for no reason. Beware, total scam.
Muffin22Po
CH
1/5
I am satisfied. I play for one year.
Anonymous
US
Best bookie for making money, bar none.
Anonymous
SK
It’s an exchange = depends on liquidity.
pacman
GB
This exchange offers a low consistent commission of 2%. The liquidity is not always great and it is not always reliable but I will give it a 5 as a good alternative to Betfair and Betdaq.
Comments are player submissions published by the source site and are shown for information only.
Compare English betting sites
See how Smarkets is positioned
The published country rankings include recorded positions, ratings, and availability notes.
Stole my money. Blocked my account for no reason. Beware, total scam.
I am satisfied. I play for one year.
Best bookie for making money, bar none.
It’s an exchange = depends on liquidity.
This exchange offers a low consistent commission of 2%. The liquidity is not always great and it is not always reliable but I will give it a 5 as a good alternative to Betfair and Betdaq.