Smarkets Promo Code and Sign Up Offer: May 2024

Smarkets Promo Code - May 2024

• If you already have an account with Smarkets, feel free to check out our expert guide to the best free bets offers via our analysis of the UK’s best betting sites.

How to use Smarkets Promo Code

It is super easy and simple to use the Smarkets promo code at sign-up and claim their generous 0% commission welcome bonus.

In order to get involved, all you need to do is:

1. Head over to Smarkets' website
2. Start the sign up process
3. Enter your personal information such as your full name, email, and home address
4. Choose your username and password
5. Enter promo code ‘COMMFREE’
6. Finalise the account creation process
7. Make a deposit of £10
8. Once this is done you will receive your commission bonus
9. Every bet after this will then be done with 0% commission instead of 2%
10. 0% commission offer will last until December 31st 2023

How does Smarkets’ welcome offer compare with competitors?

The Smarkets promo code offer is truly one of a kind, with no other online bookmaker offering any close to this sort of promotion.

This is because Smarkets operate as an exchange-based betting site, similar to exchanges that both Betfair and SpreadEx offer.

This means that players bet against each other instead of the house or bookmakers, with users then charged a 2% commission on their winnings by Smarkets.

Their promo code allows users to play without being charged a commission until the end of the year.

All this means is that you get more value for money on all of your bets as you don't have to give any of your winnings to Smarkets in the form of commission.

On top of this, the £10 qualifying deposit is par for the course with many bookmakers, but the 60 days time limit on the bonus is also exemplary, with most welcome bonuses expiring after seven days.

1. Use code COMMFREE to trade with 0% commission for 60 days. New UK, IE & Malta users only. Min. £10/€10 first deposit only using Debit Card or Instant Banking. Full T&Cs apply. BeGambleAware.org #ad
2. 18+. Play Safe. From 00:01 on 18.10.2022. 4x £10 free bets. Free bets expire after 30 days. New customers only. Minimum £10 stake on odds of 1/2 (1.5) or greater on sportsbook (excluding Virtual markets). Further terms apply. #ad
3. *New members. Sportsbook only. £10 min deposit & bet on sportsbook, placed & settled at 1.5 min odds within 14 days of sign-up. Win part of E/W bets. 2 non-withdrawable £10 Free Bet Tokens: accept in 7 days, valid for 7 days from acceptance (ex. E/Ws & Multiples), stakes not returned. Full T&Cs apply. Bet Responsibly. BeGambleAware.org. 18+
4. Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply.

Key Terms and Conditions of Smarkets Promo Code Offer

Smarkets’ sign up offer is very easy to understand, with you needing to take very few steps in order to become eligible and get involved.

You must enter the Smarkets promo code ‘COMMFREE’ when signing up for an account, with you being prompted to enter this when registering for an account.

You must then make a deposit of £10 which does not then need to be placed on any markets.

Ths deposit cannot be made from any eWallet payment methods like Skrill, Neteller or PayPal.

You are not given any free bets when claiming this welcome bonus, with the offer allowing you to get 0% commission on their betting exchange.

Smarkets Offers for Existing Players

Smarkets do not provide any existing promotions, bonuses or offers for their users to take advantage of.

This may well be updated heading into the future, but due to the exchange-based nature of Smarkets, some of the promotions that other bookmakers provide may not be available or be suited for a bookmaker like this.

Smarkets Betting Exchange

Smarkets is an exchange-based model whereby players are betting against each other, instead of the house. This is done via a ‘Back’ or ‘Lay’ system where users compete with other players.

We have created a simple explanation below to help you to understand this and how to take advantage of the odds and markets they offer.

Exchange Basics

Smarkets are very similar to a stock exchange, wjth the shares and stocks being replaced with betting odds on different sports and events.

On all bets there are two sides, one set that thinks it will happen, and one side that thinks it won’t, wth these being called ‘Backing’ or ‘Laying’ respectively.

The Smarkets betting exchanges facilitate connection between these two sides, by agreeing on a price together, on whether an outcome will or will not happen.

This price is then influenced by how many ‘Backers’ or ‘Layers’ there are on either side of the bet.

Because of this bettors can, in theory, see odds that are much higher than what other bookmakers can provide, because you're playing against other people, instead of the bookies.

Backing

If you place a ‘Back’ bet on the betting exchange you are essentially betting on the certain outcome to occur.

Whether this is a team to win a match or a horse to finish first, betting on the ‘Back’ options means you’re betting on this outcome to occur.

Placing a ‘Back’ means you can choose from the odds available, with your stake then needing to be matched with other players.

If you receive a match, and your bet wins, you will receive your winnings as per the price and stake agreed upon.

If your ‘Back’ is not matched then you will receive your stake back without losing any of your funds, with the bet essentially being made void.

Laying

By placing a ‘Lay’ bet you are betting that the outcome will not happen, with this being the inverse of ‘Backing’.

When placing a ‘Lay bet’ you set the odds and the stake amount that someone could bet on, but you must have enough money in your account to pay out the full amount of your ‘Lay’.

For example, if you place a lay bet at odds of 5/1 with an available stake of £5. You must have £25 in your account so that you as the ‘Bookmaker’ can cover and be able to pay out the full winnings to those that have placed a back bet on this market.

This Week's Football Action with Smarkets

The European action continues this evening as we have four games on offer from the Europa League and Conference League semi-finals.

The former sees Marseille taking on Atalanta and Roma facing off against Bayer Leverkusen, with the German outfit's season-long unbeaten run on the line.

The ECL sees the only English side left in European action play as Aston Villa take on Olympiakos, whilst the other semi sees Fiorentina take on Club Brugge.

We also have action from the Premier League as Chelsea host Spurs at Stamford Bridge, whilst Friday sees Everton taking on Luton at Kenilworth Road.

The Premier League action from the weekend starts at 12.30 on Saturday as Arsenal take on Bournemouth, with Man City in action during the 5.30 as they host Wolves.

Sunday sees the biggest game of the weekend take place at Anfield as Liverpool take on Spurs, with Man United playing on the Monday as they face Crystal Palace.

We also have the final weekend of the Championship to attend to on Saturday lunchtime, with Ipswich needing just a point against Huddersfield to secure promotion, with the remaining play-off and relegation places still undecided.

Smarkets Promo Code Review

Smarkets’ promo code offer gives players access to an entirely unique offer that can then be used to maximise their potential winnings when using their betting exchange.

No other bookmakers or even betting exchanges offer this impressive bonus, which makes this more than worthwhile, especially if you are a fan of exchange betting.

What's more is that this exemplary 0% commission bonus lasts for 60 days which is quite a lengthy period of time, and will allow you to maximise your potential earning from this.

Sadly, this welcome offer does not offer any free bets many other bookmakers normally provide, and this does mean you miss out on the risk-free bets and higher value off of the initial stake.

Personal Experience with Smarkets

I created a Smarkets account and utilised their welcome bonus to great effect, and after a considerable amount of time using them, I simply cannot recommend them enough.

Their exchange is truly excellent, not only for its overall betting experience but also for the incredible odds that are on offer. These keep me coming back time and time again as I can usually find some of the best odds available.

Their online site is very impressive and this sets them apart from other betting sites once more. Players are able to access a wide variety of sports, betting and data surrounding the crucial points of the markets.

You can also deposit with them through a variety of methods including visa or MasterCard, as well as bank transfer.

Their strong odds and usability of their site keep me coming back to Smarkets and are well worth checking out when you get the chance.

About the Author: Tom Fuller

Having been a keen sports bettor for well over five years now I have amassed a lot of knowledge about what separates the best from the rest.

I have made use of nearly every single one out there, from the most popular, to some of the smaller ones around, making me familiar with any and everything I recommend.

This combined with the expert testing I have carried out, overall provides me with extensive knowledge about what truly are the best bookmakers around.

All of this comes together into every article I write, so that my readers can get all of that inside information and they too can know what are the best betting sites on offer.

Smarkets Promo Code FAQs:

How do I claim the Smarkets sign up offer?

All you need to do to claim the Smarkets promo code offer is sign up an account, making sure to enter the promo code ‘COMMFREE’.

Once this is done simply deposit £10, with you then being eligible to receive your 0% commission bonus.

What is the Smarkets promo code?

To be able to claim the Smarkets welcome offer you need to enter the promo code ‘COMMFREE’ when registering for your Smarkets account.

What % does Smarkets take?

Smarkets normally take a 2% commission on all bets placed via their exchange.

However, if you claim their sign up offer you will be able to pay 0% commission until the end of the year.

Is my money safe with Smarkets?

Yes, your funds are incredibly safe with Smarkets, as they are committed to your safety and the protection of your sensitive information and data, thus you can also be assured that your funds are safe and secure when betting with them.