Verified by Top 2 Smarkets Promo Codes for January 2022
The current Smarkets promotion code SPORTS10 and this activates the sports bonus when depositing for the first time. No other offers or bonus categories are currently available. This promo code can only be used by New UK & NI.
£10 Welcome Bonus
Use Smarkets Sport promo code SPORTS10
- Min Deposit: £20
- Bonus Expiry: 7 days
- Deposit Method: Card
Once the bonus is credited to your account, losses will be refunded up to the bonus amount. You must deposit at least the qualifying deposit of £20 (or currency equivalent) in a single amount with your first deposit. To withdraw rebated funds, you must bet at least the qualifying deposit on any combination of markets within the promotional period. Unused bonuses expire after seven days of being credited to a user account. Users making their first deposit by Skrill, Neteller, PayPal or a virtual/prepaid card will not qualify. The sign up offer is strictly limited to one per individual, family, household address, email address, same payment account number, and shared computer.
No Casino Offer Available
No Smarkets Casino promo code required. Use the link.
- Bonus Type: Casino
- Offer Status: Withdrawn
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How to Claim a Smarkets Bonus Code
The Smarkets promotion code form
- Follow a link from the table above or visit www.smarkets.com.
- Click the 'Create Account' button.
- Fill in the new customer registration form with all required details.
- Enter the promotion code in the box at the end of the form (See screenshot).
- Complete the sign up process to claim your promotion.
- Check that any deposit or minimum bet requirements are met.
Compare Bookmaker Promo Codes
Compare offers across bookmakers by checking the bonus code listings page. Sort by properties such as bonus size and multiple or search for a particular bonus feature, such as all sports promotions requiring no deposit. You can also manually compare the offers by clicking through to each bookmaker to find the latest bonus codes alongside key terms and conditions.
This Smarkets offer is slightly misleading; it offers a refund for any loss made and not an extra £10 bonus like that offered by Ladbrokes and Virgin Bet.
To qualify, users need to open an account and deposit £20, a higher amount than most bookmakers, including Mansionbet and Paddy Power. Likewise, no free bet tokens are received like those offered by 888Sport or Coral.
Instead, this is a money-back offer, giving a refund of £10 for the first bet lost. This offer is valid for 3-months which is one of the longest currently available, with most expiring after 7 or 30 days like that of William Hill, and there is no requirement to log in and claim like you have to with Bwin.
| Bookmaker | Best Sports Offer | Bonus % | Min Deposit | Min Odds | Expiry (Days) | Bonus Codes |
|---|---|---|---|---|---|---|
| Smarkets Sport | £10 Welcome Bonus [1] | 50% | 20 | - | 7 | View All 2 Smarkets Codes |
| Bet365 Sport | Bet £10 Get £50 in Free Bets [2] | 500% | 5 | 1/5 (1.2) | 90 | View All 5 Bet365 Codes |
| William Hill Sport | Bet £10 Get 4x £10 Free Bets - Mobile Only [3] | 400% | 10 | 1/2 | 30 | View All 4 William Hill Codes |
| Betfred Sport | Bet £10 Get £60 in Bonuses [4] | 600% | 10 | evens (2.0) | 7 | View All 14 Betfred Codes |
Once the bonus is credited to your account, losses will be refunded up to the bonus amount. You must deposit at least the qualifying deposit of £20 (or currency equivalent) in a single amount with your first deposit. To withdraw rebated funds, you must bet at least the qualifying deposit on any combination of markets within the promotional period. Unused bonuses expire after seven days of being credited to a user account. Users making their first deposit by Skrill, Neteller, PayPal or a virtual/prepaid card will not qualify. The sign up offer is strictly limited to one per individual, family, household address, email address, same payment account number, and shared computer.
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.
18+. Play Safe. When you sign-up via Mobile using promo code N40 and place a bet of £10/€10 or more we will give you 4x £10/€10 free bets credited after settlement of first qualifying bet, free bets will expire 30 days after the qualifying bet is placed, payment method/player/country restrictions apply.
New UK customers only. Register using the promo code BETFRED60, deposit and place first bet of £10+ on Sports (cumulative Evens+). First bet must be on Sports. £20 in Free Bets to be used on Sports, £10 in Free Bets to be used on Lotto and 50 Free Spins (20p per spin) credited within 48 hours of bet settlement. Further £20 in Free Bets credited 5 days after settlement. Bonuses have a 7-day expiry. Payment restrictions apply. SMS verification and/or Proof of I.D and address may be required. Full T&Cs apply.
£10 Welcome Bonus Key Terms
To claim this offer, you must first deposit £20 and then go on to place a losing bet. Any losses will be refunded up to a maximum of £10. In the case of a winning bet, no bonus will be added to your account. Any bonuses can be withdrawn once the entire initial deposit of £20 has been fully wagered. Full terms and conditions apply.
| Min Deposit: | £20 |
|---|---|
| Bonus Expiry: | 7 days |
| Deposit Method: | Card |
| Max Refund: | £10 |
Should I Open an Account with Smarkets?
When considering signing up with a betting exchange you should consider the pros and cons. We've listed some of the Smarkets pros and cons below.
Competitive Betting Options
- Reasonable 2% commission.
- Pro Tier 1% commission.
- Instant match feature for in-play betting.
Access on the Go
- Highly rated apps for both iOs and Android.
- Detailed help available.
- Secure 2FA account access.
Smarkets Cons
- No 24/7 support.
- Long withdrawal processing of up to 5 working days.
- Minimum withdrawal of £10.
Markets at Smarkets
- Football.
- Politics.
- Tennis.
- Horse Racing.
Smarkets FAQ
Commission is the fee Smarkets charges to facilitate peer-to-peer betting on the exchange. The Standard rate of commission is 2% on net winnings for any given market. If you make a net loss on a market, you do not pay commission.
There are two further tiers:
- A 1% Pro Tier. Anyone who places more than 1500 bets or stakes more than £1m in a calendar month will have to opt in to the Pro Tier to continue trading on Smarkets.
- A 3% Select Tier which is applied to a very small number of the most profitable Smarkets users who exceed £25,000 in net profit over the previous 12 calendar months.
Check that you have met the requirements of the welcome bonus. The initial deposit of £20 must be made by card or bank transfer to qualify for the welcome bonus, the bonus is also limited to one per individual, family, household address, email address, same payment account number, and shared computer.
If you are sure you have met the requirements then contact Smarkets customer service by emailing them on support@smarkets.com, tweeting them @SmarketsTech, using Live Chat or phoning them on 0207 617 7413.
Exchange betting is a platform that allows customers to bet against each other on the same event and can offer better value, choice and flexibility than conventional bookmakers.
You can Back a selection, when placing a back bet you are betting for an outcome to happen. You may also choose to Lay, when placing a lay bet you are betting for an outcome not to happenen.
Bid or Ask are displayed when there are no current users offering bets into the market for you to match with on the back or lay side.
You can place your own bet into the market or wait for someone else to offer odds into the market.
These answers are correct to the best of our knowledge at the time of writing. Check direct with Smarkets for the latest T&Cs. Smarkets’s customer support will be able to offer the most up-to-date information.
£10 Welcome Bonus Examples
Winning Example
- Sign up for a new account and deposit £20.
- Place a winning bet at odds of 2/1 resulting in a profit of £40.
- Your account balance is now £60 (£20+£40).
- Place a further £10 losing bet resulting in a loss of £10.
- You will then be credited with a £10 free bet to use in the next 7 days.
Losing Example
- Deposit £20 in a new Smarkets account.
- Place a losing bet of £10. Leaving an account balance of zero.
- Your account will then be credited with a £10 free bet.
- Despite your losing bet there is still potential for profit by wagering your free bet on the exchange.
- For example, place a winning £10 bet at odds of 2/1 and your account balance would then be £30.
