The Smarkets promo code is COMMFREE and enables new players to trade with 0% commission for 60 days. You must deposit a minimum of £10 to be eligible for the new customer offer and cannot use deposit methods such as Skrill, Paypal or Neteller. Additional terms apply, please read the full T&Cs included on their offer page.
More Smarkets Offers
- More Smarkets Offers
- Smarkets Promo Code Details
- How To Sign Up With Smarkets
- How Does The Smarkets Promo Code Offer Compare?
- Smarkets Existing Customer Offers
- SBK Mobile App
- UK Bookmaker Awards
- Smarket Deposit Methods
- Smarket Withdrawal Methods
- Safer Gambling With Smarkets
- Our Personal Experience with Smarkets
- About The Author – Jacob Potter
- More recommended betting sites
- Smarkets Promo Code FAQ
Smarkets Promo Code Details
Like all betting offers, the Smarkets bonus code comes with important terms and conditions to follow. Failing to follow these will mean that you benefit from the 0% commission. We’ve listed some of the most important aspects of the T&Cs below:
Terms And Conditions
- First deposits must be a minimum of £10
- Skrill, Neteller, Paypal and other virtual prepaid cards will not count towards the qualifying offer
- You must use the promo code COMMFREE
- New players who qualify will enjoy a commission rate of 0% on all bets that settle within 60 days from the first deposit
- The offer is strictly one per household
- Only available to new players who are 18+
How To Sign Up With Smarkets
- Click the link at the top of this page and you’ll be taken to the Smarkets bonus offer page.
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. Please Gamble Responsibly. 18+. GambleAware.org #ad
- After pressing ‘Claim Bonus’ you’ll be taken to a form as shown in the image above.
The Smarkets promo code is NOT automatically placed in the promo code box. Be sure to place this is manually on this page.
- Like most sign up forms, they’ll ask for your name and post code
- Next, they’ll ask you to choose a deposit method. There is an ‘Other Methods’ button, but these options won’t count towards the bonus offer so we don’t recommend that you use them until you’ve qualified.
Below the deposit methods, you can also set your betting limits. A great option for safer gambling.
- After depositing the qualifying amount you’ll be nearly done.
The last step is to verify your account. Smarkets will send an email and all you’ll need to do is follow the link. Once you’ve done that, you’ll be able to start betting.
Signing up with markets was one of the quickest processes we’ve come across. When sites say it takes a couple of minutes, this one really did.
How Does The Smarkets Promo Code Offer Compare?
When comparing the Smarkets promo code to other operators, it could be better in terms of the bonus on offer. Smarkets offer is different to the likes of Coral, Ladbrokes, and BoyleSports, as they’re offering 0% commission, which is something that isn’t offered by many of their competitors.
There is still work to do for Smarkets if they’re to offer the best betting offer out there though, as the likes of Betfred, bet365, and Sky Bet all have better betting offers. Betfred and bet365 offer a sizeable amount in free bets, and with Betfred also offering free spins to use in their casino area, this also puts them ahead of Smarkets.
Obviously, free spins aren’t something that Smarkets can offer as a betting exchange, but they could potentially look at offering free bets within their sign-up offer in the future, as it’s something that’s likely to attract new customers into signing up with them.
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- Low commission rates
- Eye-catching Betting Exchange
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- Great Selection Of Existing Customer Offers
- Plenty of banking options available across their site
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- LadBucks existing customer offer
- Great live-streaming service available
Smarkets Existing Customer Offers
There are currently no existing customer offers at Smarkets. We will provide all the details here if they do release any existing customer offers.
SBK Mobile App
How can you get started with SBK betting? To access the Sportsbook, you will need to download the dedicated betting app. You can do this via the App Store, through Google Play or by downloading the Android APK file.
Once you’ve downloaded the SBK app, you can start to utilise the Sportsbook facility. As with the Smarkets betting exchange, there is plenty of choice available. Alongside the betting facility, you can access the latest tips and even provide your own. You can also follow the most successful bettors through the app.
Using the app gives you full access to your betting account. You can trade, match and bet with the app, offering full functionality. You can also choose your interface, making the app extremely easy to use.
To enjoy the full betting experience, we recommend you use the latest version of whichever device you use. You can enter the Smarkets promo code through their mobile app or mobile site as well, which is a real positive, especially if you don’t have access to the desktop version of the Smarkets site.
Android App
iOS App
UK Bookmaker Awards
Not only can you rely on accurate information and honest assessments from our team of betting experts at BonusCodeBets, but you’ll also be pleased to hear that any information on this page is backed up by data from the UK Bookmaker Awards. Large-scale surveys were conducted with bettors across the UK to find the best bookmaker in each category that features at the awards ceremony.
Smarkets aren’t a traditional sportsbook, as they’re a betting exchange, so therefore, they weren’t included in the data collection process for the 2023 UK Bookmaker Awards. However, it remains to be seen as to whether they’ll be available to vote for in future UK Bookmaker Awards, as that could change in future years.
Below, you’ll find the winners of each award, and as you can see, bet365 are the bookmaker to beat on most fronts, as they’ve got plenty of positives to offer their customers throughout the year.
| Categories | Bookmaker |
|---|---|
| Best for Football Odds | SBK |
| Best for Horse Racing Odds | bet365 |
| Best for Banking | Sportingbet |
| Best for Betting Experience | bet365 |
| Best for Customer Service | Virgin Bet |
| Best for Welcome Bonus | bet365 |
| Best for Market Selection | ZetBet |
| Best UK Sports Bookmaker | bet365 |
Smarket Deposit Methods
Smarkets have you covered with a strong range of deposit methods, which includes popular e-wallets such as Neteller, and Skrill, which aren’t available with some other betting sites. On this list, you’ll also find the minimum and maximum amounts you’ll be able to deposit into your Smarkets account.
| Method | Processing Time | Min | Max |
|---|---|---|---|
 Visa | Instant | £10 | £3,500 |
 Master Card | Instant | £10 | £3,500 |
 PayPal | Instant | £20 | £200 |
| Trustly | Instant | £10 | £10,000 |
| Neteller | Instant | £10 | £3,000 |
| Skrill | Instant | £10 | £3,000 |
| Instant Bank Transfer | Instant | £10 | £10,000 |
Smarket Withdrawal Methods
You’ll be pleased to know that Smarkets has plenty of withdrawal options available to their customers. This includes popular methods such as PayPal, Trustly, and Skrill, where you’ll have your funds in your account available within two days of the withdrawal request being made.
| Method | Processing Time | Min | Max |
|---|---|---|---|
| Visa | 1 – 6 Working Days | £10 | N/A |
| Master Card | 1 – 6 Working Days | £10 | N/A |
| PayPal | Up To 48 Hours | £10 | £5,500 |
| Trustly | Up To 48 Hours | £10 | N/A |
| Neteller | Up To 48 Hours | £10 | N/A |
| Skrill | Up To 48 Hours | £10 | N/A |
| Bank Transfer | 5 -10 Working Days | £20 | N/A |
Safer Gambling With Smarkets
There’s a lot of safer gambling information on the Smarkets site. More than most. Each tool has its own page to explain why and how it works alongside contact details for people that can assist further with issues and addiction. Some of their tools include:
- Deposit Limit Review – Allows you to review how much money you are allowed to deposit into your account, with a cap being set if you choose to do so.
- Loss Limit Explanation – Shares how much you have lost over certain periods of time to help make sure you are not overspending on the site
- Gambling Self-Assessment Test – You can take a test on Smarkets to see whether you are in control of your gambling habits and to also check that you are not becoming addicted to gambling
- Gambling-Site Blocking Software – Allows you to block Smarkets and other related software to make sure you can take a break if you need to
- Take a timeout – Allows you to be blocked from Smarkets for a certain period of time to help you take a break from gambling.
Their help centre is a great place to go if you’re having trouble with problem gambling. Follow this link to find out more.
Our Personal Experience with Smarkets
Smarkets are certainly in line with other betting exchanges out there, such as Betfair, which is a real positive, as they’re arguably one of the best betting exchanges that are available to punters. Smarkets offer competitive odds on their betting markets, and with all the major sports covered on their site, they’re certainly heading in the right direction.
There’s a great smarkets promo code and also a good range of existing customer offers, which is great to see, as many bookmakers and betting exchanges don’t cover as much depth in terms of the offers available for existing customers. Smarkets’ desktop and mobile versions of their site are easy to navigate your way around, which makes for a pleasant user experience whilst using them.
With a fantastic range of deposit and withdrawal options available to customers as well, there’s little room to fault Smarkets as a betting exchange. They’re establishing themselves in the market for all the right reasons.
Compared to other operators in the betting industry, their welcome bonus could be better in terms of the number of free bets on offer, as the likes of bet365 and Betfred offer more in terms of a bonus to their new customers.
As a betting exchange, you’d expect betting markets to be a little bit more sparse when it comes to the depth, and, unsurprisingly, the likes of Coral and William Hill are ahead of Smarkets on the betting market front.
- Great deposit options
- Easy to navigate site
- The welcome offer could be better
- Markets could cover more depth
About The Author – Jacob Potter
More recommended betting sites
Smarkets Promo Code FAQ
Smarkets’ standard rate of commission is 2% on any net winnings for any given market and not on individual bets. Therefore, if you make a net loss on a market, then you won’t pay commission.
Smarkets (Malta) Limited is licensed by the UK Gambling Commission, but they do not have a trade out or cash out button available for multiples.
To make a lay bet on Smarkets, simply visit their betting exchange, before choosing the event you want to place your lay bet on. Choose your stake, and the odds you want to wager your funds on, and then click the ‘Place Bet’ option on Smarkets’ site.
Your money is safe in Smarkets. They are licensed and regulated by the Gambling Commission. As stated by Smarkets in their help centre, they adhere to all relevant anti-money laundering requirements. Smarkets will also check all transactions on the website to make sure that they are not suspicious or being made by someone who shouldn’t be on the website or the account.
You do not have to pay to have an account for Smarkets and there are no transaction fees when depositing or withdrawing money with Smarkets. The only money you will be using is when you are betting on the website.
