- T&Cs: 1. Once the bonus is credited to your account, losses will be refunded up to the bonus amount. 2. You must deposit at least the qualifying deposit of £20 (or currency equivalent) in a single amount with your first deposit to be eligible for the rebate. 3. To withdraw rebated funds, you must bet at least the qualifying deposit on any combination of markets within the promotional period; otherwise rebated funds will be forfeited. 4. Unused bonuses expire after seven days of being credited to a user account and will be removed after this period. 5. Users making their first deposit by Skrill, Neteller, PayPal or a virtual/prepaid card will not qualify for this promotion. 6. The sign up offer is strictly limited to one per individual, family, household address, email address, same payment account number, and shared computer. 7. This promotion cannot be used in conjunction with any other sign-up promotion. 8. Smarkets standard terms for promotions apply.
Smarkets Free Bet
£10 Welcome Bonus with Smarkets Free Bet – New customers only
How to claim £10 Welcome Bonus
Click on this Smarkets link
Register a new Smarkets Free Bet account
Make a first deposit of £10 or more
Once you have placed a first bet of £10 or more with Smarkets Free Bet, you can claim a free £10 welcome bonus which can be used on a sports betting market of your choice.
Enjoy 2% commission on all your exchange bets
Smarkets are also giving you the chance to enjoy fantastic odds without paying too much commission. It’s a simple case of making your back or lay bets and only paying 2% commission on any of the profits that you make.
When you compare this with the 5% that betfair charge, it’s clear that it’s worth trying out Smarkets Free Bet and seeing if you can land yourself bigger profits from your trades.
How to place bets with Smarkets
When you first visit the Smarkets Free Bet website, it might be a little confusing if you are used to fixed odds betting. However, the same principle applies. You find a sports betting market and you can choose to place a normal bet on a selection.
You will find an amount of money underneath all of the “back” prices although you’re not limited by that amount should you wish to bet more. It might just be that you have to wait for the remaining amount to be matched.
In addition to placing “back” bets, there is also the option to lay bets. Essentially, Smarkets exchange is a person-to-person operator which means that Smarkets set up the markets pages and then customers create the prices in accordance with what they think the odds should be.
Smarkets also provide lots of information relating to each football match or horse race, illustrating where the money has gone and the % chance of each outcome happening based on the amount traded.