Betting Reviews

Smarkets Promo Code 2022: Get your welcome bonus

Bonus & Offers details
0% commission
T&C:

Use code COMMFREE to trade with 0% for 60 days. Min. £10 first deposit only using Debit Card or Instant Banking. 18+. BeGambleAware.org. Full T&Cs apply.

Expires on: 31-12-2022
Last check: 2 days ago

Enter the Smarkets promo code when registering and claim your 0% commission welcome bonus.

Latest Smarkets promo code

New customers are eligible for the welcome offer when they register an account at Smarkets using the Smarkets promo code . The welcome bonus requires a minimum deposit of £10, after which players will get commission-free trading for 60 days. It is imperative to make your first deposit using a credit card or bank transfer (wire). Using e-wallet methods such as Skrill, Neteller, PayPal or prepaid card will not qualify for this promotion.

How to sign up using Smarkets promo code

Smarkets offers a very straightforward registration process. If you have problems creating a new account, simply follow the steps below:

  • Visit the official Smarkets betting exchange platform at https://smarkets.com/.
  • Press the green Create Account button in the upper right corner of the screen.
  • When registration forms pops up, enter your email address, password, date of birth and Smarkets promo code. You can also opt in to receive marketing material.
  • When you click continue, you accept all Terms & Conditions.
  • The next step will have you fill in personal information like first and last name, phone number, country, currency and postcode.

Like many others, the Smarkets promo code has a time limit and will expire after a certain period. It is always best to use the code during the signup process. You can find the latest Smarkets promo code by clicking the button above that will reveal the code and allow you to join the registration page straight away. Alternatively, you can copy the code and register using the steps described above.

Completing the registration process 

smarkets promo code

When you first visit the Smarkets platform, you get bombarded by various betting offers, sports markets, and popular events. You can get easily confused by numerous options and miss the registration button. The best way to avoid this is to immediately look up in the right corner and just ignore all other offers thrown at you. Once you click on the green Create Account button, it will open a calmer window where you need to complete the first step of registration. Enter your email, password, date of birth, and Smarkets promo code if applicable. This is the page where you can choose to receive Smarkets promotional material.

Unlike other pages, you accept all Terms & Conditions by proceeding to the next step of the registration process. The following page contains fields for your first and last name, phone number, which is optional, country, and currency. You can enter a postcode or find your address manually. When you’re done, save the details and wait for the confirmation email to be sent to your email address.

Once you’ve verified your email address, you need to submit some kind of document to verify your identity and address. This can be your ID, driver’s license, passport, or any other document containing relevant information. Once the account has been approved, you can proceed to make the first deposit.

Topping up your account at Smarkets

Once you’ve finished registering and have verified your account, you can proceed to deposit some funds. Log in to your Smarkets account, go to your personal deposit section and choose the deposit method. Enter any amount you want, click the deposit button and wait for the transaction to be processed. Users have a decent range of payment options. Here is the full list:

  • Visa
  • Mastercard/Eurocard
  • Neteller
  • Skrill
  • PayPal
  • Trustly
  • Bank Transfer

Once again, please be advised that depositing with e-wallet methods will not qualify you for the welcome bonus. The safest way to get the welcome bonus is to deposit using credit card or bank transfer. Additionally, there is a chance that you will be asked to enter Smarkets promo code during deposit. If so, there will be a small field where you can type in the code to get the bonus. This is also applicable for all other promotions Smarkets has to offer.

smarkets app

How to claim the Smarkets welcome offer

Smarkets welcome offer can be extremely confusing at first, so it is good to explain how to claim the bonus. Once you register and verify your account, you must make a minimum deposit of £20 in order to qualify for the bonus. After making the deposit, you must place bets on one or more markets of your choosing. You can place bets on football, basketball, darts, boxing, greyhound racing, and many more.

When you lose a bet worth £20, the same amount will be credited to your account. Even if you keep winning your first few bets, the bonus will remain active until you lose a bet. Please note that the bonus refunded to your account can only be withdrawn after you have placed total bets worth £20. The bonus must be withdrawn or wagered within seven days of being credited to the account.

Making sure the bonus is credited

When you first register the account using the Smarkets promo code and deposit at least £20, you will be notified by a pop-up window that your welcome bonus is now active. You will also receive a notification on your email if you chose to be informed via this option.

Alternatively, you can always check your active promotions and your bonus balance in the My Account menu. Here you can keep track of all promotions you claimed and their progress. Clicking on promotions will give additional information regarding Terms & Conditions and will show you the expiration date.

What to do after completing the welcome offer

smarkets football markets

After using the Smarkets promo code to receive the welcome offer and successfully completing all requirements to cash in your bonus, you must be wondering what’s next? The answer is easy – explore. Smarkets offers more than 20 sports markets with in-depth statistics and betting options. You can place bets on popular sports like football, tennis, basketball, or greyhound racing. Or you can try the more niche sports like darts, snooker, table tennis, sailing, cycling, and other.

If you don’t like traditional sports and bets, you can always choose the TV and Entertainment for events like Eurovision or Oscars. If this is not your cup of tea, try predicting and betting on political events in the UK, US, and world in general. Lastly, you can place bets on current affairs like Covid lockdown, reopening of pubs, schools, and many more.

In the end, you can try your hand at the betting exchange. This feature offers a unique dynamic and a new dimension to online sports betting. Instead of playing against the bookmaker, you play against other players and ‘challenge’ their bets. It is one of the prime places to make back and lay wagers. In other words, you back for or against a particular outcome.

For all the latest news and promotion offers, you can always sign up to receive promotional material via email. This is a good way to stay up to date and informed on current events.

Frequently asked questions about Smarkets

Are there any special requirements for registering on Smarkets?

In order to register on Smarkets, you need to be at least 18 years old and have a residency in the UK. This is the reason why you have to provide certain documents to Smarkets in order to verify your account.

What if my free bet isn’t credited to my account?

If free bet isn’t credited to the account after all requirements are fulfilled, try refreshing the page and re-logging to your account. Sometimes it takes time to process the transaction. If free bet still isn’t credited, contact the customer service and provide them with necessary information and details.

What is lay betting?

Lay betting is a unique feature tied with betting exchange. While regular bets are those where you bet on a certain outcome, lay betting is the exact opposite. You bet against the outcome set by other players.

My bet got ‘matched’. What does it mean?

Since exchange is all about betting against other players, it means that your bet needs to be ‘matched’ by the opposite market for it to be accepted.

Can I use Smarkets on my mobile device?

Yes. You can use Smarkets on mobile site or download a top-notch Android and iOS mobile app.

What are the percentages I see on some of the markets?

A rather unique feature on Smarkets, these percentages show you the general betting activity for each market. It gives you an idea of what bettors are thinking will happen for a particular event.

Is there a Cash Out feature?

Yes, but the Cash Out feature is not always on offer. There has to be enough money on the market for you to perform a Cash Out. If this option is available, it will be shown in your open bets.

Other promotions available at Smarkets

Smarkets takes pride in offering the lowest commission of all bookmakers in the industry. Naturally, their promotions are targeted in that direction as well. Promotions available right now are:

  • 0% Commission Offer For OddsMonkey Customers.
  • 0% Commission Offer For Premium Profit Maximiser Customers.
  • 0% Commission Offer For Premium OddsMonkey Customers.
  • 0% Commission Offer For Premium Profit Accumulator Customers.

All of these promotions require opt in and do not need Smarkets promo code for now. But all offers are susceptible to change, so be sure to check their promotions tab regularly. Smarkets is also known for offering other promotions like Refer a Friend. By using Smarkets referral code, you can invite a friend and get a bonus for every user that registered. This promotion expired recently, but be on the lookout for any future promotions of this type. Don’t miss on your Smarkets referral code as it can give you and your friends good bonuses.

Low welcome offer

The current welcome offer at Smarkets is poor and below the industry standard. Besides being a little complicated to understand and use, it also lacks the same draw of a free bet deal or first ber refund.

The whole point of the welcome offer is to make it easier for new players and give them a chance to enjoy the world of online betting. Unfortunately, Smarkets turns away new players with overly complicated system.

Top 3 similar offers to Smarkets

Betfair

New players at Betfair can get up to £100 in free bets by placing 5x £10 bets on odds of at least 1.5 or higher. After the five qualifying bets have been settled, you receive a £20 free bet. This can be repeated up to five times. Being the absolute champion of exchange betting, new players are also welcomed by a £20 free bet when they first enter this platform. In case your first bet on Exchange is a loss, Betfair will refund the money up to £20. This bookmaker has a strong competitive position, and prices are usually better than elsewhere. This comes at a price, however, as Betfair has a fixed 5% commission rate, which is raised to 60% for career winnings of £250,000 or more.

Ladbrokes

Ladbrokes offers £20 in free bets to all new players who place at least £5 each way at odds of 1.5 or greater. The 4x £5 free bets will be credited instantly and have to be used within seven days. Ladbrokes offers a really diverse range of sports with high odds and a good mobile app. If you want to test your skill and experience against other players, Ladbrokes offers exchange with very dynamic and intensive betting. Sadly, most users report delays in the Cash Out feature, which often leads to poor results.

Coral

Coral offers £20 in free bets to all new players who place a £5 bet. The bet must be placed on any sports market at odds of 1.5 or bigger. Once finished, the account will be topped up automatically by 4x £5 in free bets to use on any sports. Coral offers more than 30 sports markets, and you can find almost all minor and major leagues in the world. If you like betting on niche sports, Coral will give you the possibility to bet on chess, fishing, badminton, and even e-sports. Sometimes they offer worse odds on big competitions.