The current Smarkets promotion code is SMK20 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.
The Smarkets Sport promo code to claim this offer is COMMFREE
Get 0% Commission for 60 Days
To claim this promotion you will need to register for a new account with Smarkets sing the code COMMFREE and deposit at least £10 using a debit card or instant banking.
You will then pay 0% commission on any bets placed in the first 60 days of your account being open.
Use code COMMFREE to trade with 0% for 60 days. New UK, IE & Malta users only. Min. £10/€10 first deposit only using Card or Instant Banking. Full T&Cs apply.
No Smarkets Casino promo code is required to claim this bonus
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The Smarkets promotion code form
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.
The Smarkets offer is different from most other bookmakers in that it offers you the chance not to pay commission on your bets. You can pay 0% commission for 60 days. Although this could be an attractive offer for regular exchange bettors, the actual rewards obtained from this offer are less attractive than the free bets offered by other bookmakers such as Betfred for the same minimum deposit.
Bookmaker | Best Sports Offer | Bonus % | Min Deposit | Min Odds | Expiry (Days) | Bonus Codes |
---|---|---|---|---|---|---|
Smarkets Sport | 0% Commission for 60 Days [1] | - | 10 | - | 60 | View All 2 Smarkets Codes |
Bet365 Sport | Bet £10 Get £30 in Free Bets [2] | 300% | 5 | 1/5 (1.2) | 90 | View All 7 Bet365 Codes |
William Hill Sport | Bet £10 Get £60 Bonus [3] | 600% | 10 | 1/2 | 3 | View All 4 William Hill Codes |
Betfred Sport | Bet £10 Get £50 in Bonuses [4] | 500% | 10 | evens (2.0) | 7 | View All 11 Betfred Codes |
Use code COMMFREE to trade with 0% for 60 days. New UK, IE & Malta users only. Min. £10/€10 first deposit only using Card or Instant Banking. Full T&Cs apply.
Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of bets to the value of the qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply. The bonus code can be used during registration but does not change the offer amount in any way.
18+. Play Safe. From 00:01 on 18.10.2022 Maximum bonus £60. Bonus expires 72 hours from issue. New customers only. Minimum stake £10 on selected games. Wagering requirements apply. Online only. Virtual markets excluded. Further terms apply. #ad
New customers only. Register (excl. 13/04/24) with WELCOME50. First bet £10+ at Evens (2.0)+ on Sports within 7 days to get Free Bets:
£20 In-Play, £20 Acca & 50 x £0.20 (£10) Free Spins on Fishin’ Frenzy within 10 hours of settlement. 7-day expiry. Eligibility & payment exclusions apply. Full T&Cs apply.
Smarkets offer withdrawals to the same methods as deposits. Withdrawal times can be as quick as 12 hours, but normally allow a minimum of 1 working day.
Method | Processing Time | Min | Max | Fee |
---|---|---|---|---|
Instant Banking | Up to 12 Hours | £10.00 | - | Free |
Debit Card, Visa, MasterCard, Maestro, Electron | 1 - 6 Banking Days | £10.00 | - | Free |
NETELLER | 1 - 2 Banking Days | £10.00 | - | Free |
Skrill | 1 - 2 Banking Days | £10.00 | - | Free |
Bank Transfer | 5 - 10 Banking Days | £20.00 | - | Free |
Trustly | 1 - 2 Banking Days | £10.00 | - | Free |
PayPal | 1 - 2 Banking Days | £10.00 | £5,500 | Free |
Smarkets allow deposits from debit cards and a selection of popular e-wallets such as Paypal and Skrill. Most payment methods allow funds to be accessed instantly on your account.
Method | Processing Time | Min | Max | Fee |
---|---|---|---|---|
Instant Banking | Instant | £10.00 | - | Free |
Debit Card, Visa, MasterCard, Maestro, Electron | Instant | £10.00 | £3,500 | Free |
NETELLER | Instant | £10.00 | £3,000 | Free |
Skrill | Instant | £10.00 | £3,000 | Free |
Trustly | Instant | £10.00 | £10,000 | Free |
PayPal | Instant | £20.00 | £200 | Free |
To claim the 0% commission offer enter the code COMMFREE, deposit at least £10 to receive 60 days with 0% commission. Any bets settled after the 60 day period will be settled at standard commission rates. Full terms and conditions apply.
Min Deposit: | £10 |
---|---|
Deposit Method: | Card or Instant Banking |
Bonus Code: | COMMFREE |
Commission Free For: | 60 days |
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.
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:
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 have met the requirements, contact Smarkets customer service by emailing them at 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 happen.
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.
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