Smarkets Bonus and Promo Code
Smarkets Promo Code: Pros and Cons
- ✔️ A fun platform that allows users to bet against each other
- ✔️ A deposit of 20 GBP activates the bonus
- ✔️ Easy wagering requirement of simply betting the deposit on any market combination
- ✔️ 90 Days to meet the wagering requirement
- ❌ Customers depositing with Skrill or Neteller do not qualify for the promotion
Smarkets is an attractive and user-friendly sports betting website that has been in business since 2008. The approach that is taken to horse betting is completely different, as it’s a peer-to-peer betting exchange that gives the customer higher margins and better odds. In fact, there are software engineers and financial experts that work hard to create this unique sports betting site. To show off this hard work, new customers get a bonus of 10 GBP. This Smarkets promo code refunds up to 10 GBP of the first bet if it is a loss. This is a very simple customer welcome bonus that gives you a little something back if you lose while learning the ropes.
Smarkets Mobile Promo Code: Special Promo for Mobile Users
The same Smarkets promo code applies to mobile users. A mobile user can access Smarkets through their mobile phone’s browser or by using the iOS or Android apps. Smarkets is considered the world’s most technologically advanced betting exchange. The mobile app ensures that this is preserved, as it is just as functional as the desktop version of the website. You can trade sports, keep bets in play and trade out, manage your position no matter where you are, enjoy full exchange functionality, access a unique search function, and see real-time prices.
In other words, you receive access to everything that you can access on your desktop computer. The difference is that the iOS and Android apps give customers the ability to access their accounts from anywhere in the world with an internet connection.
When taking advantage of this access, Smarkets is available at the touch of an icon on the mobile device. The platform instantly opens, and you can quickly look at the areas you need to observe. Perhaps you are on your meal break at work or at your favorite holiday location when you want to check your position or exchange new bets. Everything you need is in the palm of your hand.
Smarkets Promo Code Activation: Step by Step
The following are the steps that must be taken to secure the Smarkets promo code so that you can take advantage of the bonus and use it correctly.
Step 1 – Account opening: You can register on the Smarkets website by clicking the “Sign Up” or “Create Account” button at the top of the screen. Which button you click depends on where you are on the site. Enter the information that the form asks for. This information consists of your email, desired login credentials, date of birth to ensure you are at least 18 years of age, currency, and a referral code if you have one. Once you agree to the terms and conditions, you will continue to the deposit phase of registration.
Step 2 – Make your first deposit: The initial deposit should be at least 20 GBP by card or bank transfer to qualify for the welcome offer. There is no need to enter a code for the bonus to be credited to the account. There are no other steps needed to receive the full 10 GBP since the minimum deposit is 20 GBP. Customers making deposits with Skrill or Neteller don’t qualify for the bonus.
Step 3 – Fulfill the bonus conditions: Place a sports bet. If you lose money, you will be refunded up to the bonus amount. This means that you can be refunded for up to 10 GBP in losses. Keep in mind that a loss more than 10 GBP will still result in 10 GBP of the loss being refunded. Although this isn’t an extravagant bonus, it is one that minimizes your losses when getting started.
Step 4 – Use your bonus: You are given 90 days from the date the bonus is credited to your account to meet the wagering requirement that will allow you to cash out winnings related to the bonus. The wagering requirement is very simple. All you have to do is bet the qualifying deposit of at least 20 GBP on any market combination within the 90 days. If you don’t do this, the bonus funds are forfeited. If you do meet the requirement and you acquire winnings from the 10 GBP bonus, you can withdraw the funds.
Additional Promo Codes
The introductory Smarkets promo code can’t be combined with other offers. Smarkets is not very clear about additional promotions or promotions for existing customers unless you sign up for an account and are exposed to the offers. Offers can vary in amount or type based on where you are located geographically. It is a good idea for existing customers to look out for promotions and deals that could enhance the profits acquired from the site.
Methods of Payment Eligible for the Smarkets Promo Code
Using Skrill or Neteller to make a deposit means a bonus won’t be awarded. Only deposits made using a card or bank transfer qualify. Qualifying cards include Visa debit, Maestro/Solo, Visa credit card, and MasterCard/Eurocard. Neteller and Skrill are the only E-wallets that are accepted. You can easily use these deposit methods if you are fine with not receiving the Smarkets welcome bonus.
There’s no fee to make a deposit to your Smarkets account, nor is there a fee for all methods of withdrawal except bank transfer. If bank transfer is your chosen payment and withdrawal method, the fee is 10 GBP.
The withdrawal times for all methods is one to six business days. Bank transfer can take five to ten business days.
Reliable or Scam: How Safe is Smarkets?
Smarkets has taken the betting exchange game very seriously by ensuring that there are software engineers and financial experts on staff that help members become as profitable as possible. This is a platform that gives customers the opportunity to participate and communicate, which is far outside of the realm of the traditional bookmaker. What’s more is that Smarkets only asks for a 2% commission from your net winnings for each market you participate in. The goal is higher returns.
The question, however, is if Smarkets is safe? The answer is that it is. This is a betting exchange that is regulated by the Malta Gaming Authority and UK Gambling Commission. These are two licensing bodies that set forth very strict requirements for entities looking to become licensed gaming platforms.
Smarkets does offer resources on responsible gambling. It provides a gambling self-assessment, information on how to set loss and deposit limits, maintaining control, and more. If a person needs help, there are links. The responsible gaming link is not as obvious on this site as others, but it is there at the bottom of the website.
Conclusion: The Smarkets Promo Code Opens You to Another Type of Betting
The Smarkets promo code gives you the opportunity to try a completely different type of sports betting. As a betting exchange, you get the opportunity to increase your profits. This has much to do with the ability to communicate and the amount of professional work that happens behind the scenes that. These two elements are major players that make the platform what it is. Smarkets has been said to be one of the most innovative betting platforms on the internet today. Its welcome bonus is also very straightforward just like the rest of the platform. While the bonus isn’t one of the most generous in the world of sports betting, it does offer a way to get acquainted with the platform and how it works without risking everything. Even if 10 GBP doesn’t give you back everything you lost, it is enough to turn back around and use to possibly win.
Smarkets Bonus FAQ
- How can I get the full Smarkets bonus?
Deposit at least 20 GBP to activate the bonus. Place your first bet. If your first bet loses, the bonus amount will refund up to 10 GBP of the loss. However, keep in mind that only customers depositing with a card or bank account qualify for the bonus. If depositing using Skrill or Neteller, the bonus is forfeited.
- Do I need a Smarkets promo code?
No, you don’t need a Smarkets bonus code to receive the bonus. The system automatically credits the bonus to the account and compensates up to 10 GBP of your initial losses once those bets have settled.
- Is there a mobile Smarkets promo code?
No, there isn’t a Smarkets promo code that is specific to mobile users. However, mobile users have the choice of accessing the website through their mobile browser or through the iOS or Android application. The same customer welcome bonus that applies to desktop users also applies to mobile users.