Have you ever wished that you could bet like a bookmaker? That is, wagering on something NOT happening?
For instance, if you think that Barcelona won’t win the Champions League, wouldn’t it be great if you could bet on that?
Well, now you can. Smarkets is a betting exchange where you can ‘back’ selections, i.e. a traditional bet, or place a ‘lay’ bet, such as laying Barcelona in the Champions League market.
It’s a fascinating way to bet and a little bit different than standard bets offered on other websites and also different from what you have available on Fanteam with our Fanteam bonus. It gives you so many more opportunities than normal sportsbooks do to make profit.
Smarkets Promo Code
|Info ||Bonus Details |
|Welcome Bonus ||£10 (T&C Apply) |
|Minimum Deposit ||£20 |
|Smarkets Promo Code ||Reveal our code |
The other exciting news is that because this is a betting exchange where people are betting against people, you will also benefit from more generous odds when compared to sportsbooks, who build in a profit margin to all of their betting markets.
In short, betting exchanges could well be the future of sports betting, and Smarkets is right up there with the best of them.
Your timing in reading this could not be better either, as we are able to offer you access to an exclusive Smarkets new customer offer that will enable you to try your hand on the exchange with less risk.
Want to find out more? Here’s everything you need to know about Smarkets promo code from Bonuscodes website.
1. Smarkets Referral Code
Smarkets max bonus (maximum bonus online)
| ✓ Smarkets Promotion code April 2020 || ✓ Smarkets Promotion code May 2020 || ✓ June 2020 |
| ✓ July 2020 || ✓ August 2020 || ✓ September 2020 |
| ✓ October 2020 || ✓ November 2020 || ✓ December 2020 |
| ✓ January 2021 || ✓ February 2021 || ✓ March 2021 |
Upon joining the brand as a new player, you have the opportunity to take advantage of an outstanding Smarkets welcome offer.
This Smarkets sign up offer is simple enough to understand: when you deposit £20 or more (or your local currency) you will be handed £10 to bet with on the house (T&C Apply).This is a great way to get used to the exchange and get used to the possibilities of both back and lay betting.
You will of course need to use our Smarkets bonus code to get your hands on the deal.
Click the reveal button on our Smarkets promotion code button, which will then show you the code. Make a note of it, as you will need this during the sign-up process.
Without our Smarkets referral code, you won’t be able to access our deals. So be sure to get yours today!
Unfortunately, there’s not a huge amount of other Smarkets promotions to get your hands on, but like we’ve said there are plenty of other ways to benefit from this brand.
2. Smarkets Sports Betting
If you are a fan of traditional sports betting, you can still get plenty from Smarkets.
Simply grab our Smarkets promo code VIP and you can still bet in the normal fashion. They cover all of the leading sports and the major competitions within each, so just hit the back button to place your bets as you normally would at other sportsbooks.
But don’t forget that you have the lay option too. This is basically betting on something not to happen, e.g. if you lay Liverpool against Manchester City, then your bet wins if either City win or the match ends in the draw.
If you lay Liverpool with a £10 stake at odds of 3.00, you could win £10 if it lands or lose £20 should Jurgen Klopp’s men get the victory. If you need some guidance for football betting, you can always check our article about it.
|Payment option ||Limit (£/€) |
|Visa debit card ||£/€10 minimum; no max |
|Maestro card ||£/€10 minimum; limited to deposit amount for some cards |
|Visa credit card ||£/€10 minimum; no max |
|MasterCard ||£/€10 minimum; limited to deposit amount for some cards |
|Neteller ||£/€10 minimum; no max |
|Skrill ||£/€10 minimum; no max |
|Bank Transfer ||£/€10 minimum; no max |
|Trustly ||£/€10 minimum; no max |
|PayPal ||£/€10 minimum; £/€5,500 max |
It’s a really interesting way to bet, and it’s why we recommend taking the Smarkets free bonus, as this allows you to get to grips with the lay function with minimal risk to your bankroll.
Here’s another idea too: you can back a team and if they go 1-0 ahead, you can then lay them at shorter odds to lock in a profit. Alternatively, you can lay a favourite and then back them as their odds lengthen if they go a goal down.
These are all cool ways to lock in a profit, so make sure you use that Smarkets free bet to try all of the different options available. But if you are looking for something different, you can always check our bonus betting codes and find out where you can use them.
As mentioned, all of the key sports are catered for, so it’s not just football you can back or lay on, and both pre-event and in-play betting markets are available.
So why not give Smarkets a go: this is an exciting new way to bet!
3. Smarkets FAQ
You may be new to Smarkets and betting exchanges, so here are a few commonly asked questions.
3.1 What is a betting exchange?
With a betting exchange, you are ‘exchanging’ bets with another person. One of you is backing a selection, and the other is laying. You can wager on thousands of markets, and stake as much or as little as is available.
3.2 What do back and lay mean?
Backing is just betting in a normal way, e.g. backing Novak Djokovic to win Wimbledon. With a lay bet, you could lay Djokovic and your bet would win if anybody else lifted the trophy.
3.3 What is the Smarkets promotional code?
To find out our Smarkets promotional code, simply lick the reveal button on this page to get your code (T&C Apply).
3.4 Is Smarkets trustworthy?
Yes, Smarkets holds two licenses. It is regulated in the UK by the Gambling Commission and outside of the UK licensed and regulated by Malta Gaming Authority.