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Smarkets Bonus Code: Get a Rebate on £10 in Losses

SmarketsWhile we regularly come across quite a few classic sports betting sites that can offer their customers a high quality of service, there are only a few sports betting exchanges out there with a service that can come close to that of the Betfair Exchange UK . One such site is definitely Smarkets, which is possibly the world’s most lucrative betting exchange, with commissions of just 2% across the markets and top odds in the industry.

Despite being a betting exchange and not a classic sportsbook, Smarkets welcomes its new customers with a reasonable Smarkets welcome bonus which can help you try the platform out and enjoy trading a few bets without any real risk. During our Smarkets sportsbook review, we took a close look at the promotions offered by the exchange and were pleasantly surprised to see that the site offers plenty of great extra value for the new and existing customers.

If you are thinking about signing up with Smarkets, here is what you can expect in terms of a welcome bonus:

  • Bonus Available: £10
  • Type of Bonus: Rebate
  • Valid For: New Customer
  • Expiry Date: 90 Days Upon Claiming

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Bonus Details: Current Bonus for August 2019

The Smarkets bonus for new players is made up of £10 in cash, paid out as rebate once you lose your first £10 with the site. If you start off by winning, you will get to keep your winnings and will receive £10 the first time you actually lose at the site, which means all new players will get £10 in total into their bonus balance eventually.

Keep an eye on the Smarkets bonus terms and conditionsIn order to claim the Smarkets sign up bonus, you will only need to register with the site and deposit a minimum of £20, using a deposit method other than Skrill and NETELLER, as these deposits do not count towards the promotion. Once you have done that, you will get your bonus, without using any Smarkets bonus code whatsoever.

The bonus is not credited into your balance immediately, but rather once you have lost some money with the site. You will keep getting rebate until you lose a total of £10 while trading bets on Smarkets or Smarkets mobile. Once you have received the rebate, you will need to wager the amount of your qualifying deposit in order to be able to withdraw the rebated funds.

  • Maximum Bonus: 100% up to £10
  • Minimum Deposit: £20
  • Payable: Yes
  • Wagering Requirements: 1x Your Deposit Amount
  • Minimum Odds: n/a
  • Bonus Example: Lose £10 and get £10 back into your bonus balance
  • Bonus Code: None

The good thing about signing up with Smarkets is that everyone gets to claim the Smarkets welcome bonus, regardless of any Smarkets bonus code, since no such code is required. This means that every new customer automatically qualifies and the only real term is that you deposit a minimum of £20 into your real money balance.

Smarkets bonus code

Get a £10 Rebate on your first loss with the exchange

The Smarkets bonus is not subject to too many other terms and conditions. As long as you sign up for a brand new account with the exchange, are over the age of 18, and you have not used the promotion before, you will receive your bonus, no questions asked.

Wagering Requirements: Turn Your Deposit Over Just Once

Like most bookmakers and other gambling sites out there, Smarkets does not allow players to simply take their money and walk away. However, the terms of the Smarkets bonus for new players are quite favourable and the wagering requirements are easily met.

Once you have signed up with Smarkets and made your first deposit, you will be eligible to receive your rebate. The rebate will be paid into your Smarkets bonus account when you lose your first £10, but you will still need to wager your initial deposit amount of £20 once before you can request a cashout.

Fortunately, the Smarkets bonus can be turned over in parts, so you can make a number of smaller trades and gradually build up the £20 in wagers. Of course, the more you trade, the more chances you have of actually walking away with some extra winnings, so don’t be shy about making some trades.

After all, the £20 deposit amount that is required to trigger the welcome offer is quite small to begin with and the bonus in conjunction with the deposit is designed to give you a real taste of what it is like to trade with Smarkets.

Activating the Bonus: Claim Your £10 in Rebates at Smarkets

The Smarkets welcome bonus is quite easy to activate and play through, but there are a few important things that you should keep in mind in order to successfully receive your extra cash. For this purpose, we made a step by step guide to Smarkets bonus, which will help guide you through the process of claiming the bonus.

Step 1: Register Your Smarkets Account

The first step in claiming the bonus at Smarkets is quite simple. All you will have to do is make a regular account with the exchange, without any extra Smarkets bonus code or special details. All you need to do is provide the site with your real personal information such as email address, real money and other similar info. You can register from your computer or using the Smarkets app.

Step 2: Deposit £20 Into Your Account

Now that you have a Smarkets account, you are ready to make your first deposit. You will have to deposit £20 into the account before you can receive your £10 rebate on your losses. Make sure you don’t use Skrill or NETELLER for your first deposit, as such deposits do not count toward the promotion.

Step 3: Start Trading Bets

You are now ready to start making trades at Smarkets. Don’t pay too much attention to the bonus and simply make your trades the way you normally would. If you win, enjoy your winnings. Once you finally lose your first £10, it will automatically get refunded into your Smarkets bonus account.

Step 4: Enjoy Your Test Ride

Consider the first deposit you make at Smarkets test run. See how the platform feels, enjoy the extra £10 and don’t get ahead of yourself. If you are new to sports betting exchanges, consider the advantages of exchange v regular betting sites and think about which one you prefer. This could be your first step in moving away from classic betting and into the world of sports trading.

Smarkets bonus code

Start with smarkets bonus for newcomer

Three Reasons to Take the Smarkets Bonus

The welcome bonus offer at Smarkets is something that you should definitely consider taking on if you are into sports betting at all. There are many reasons why we think that Smarkets bonus is a great option for all sports bettors and here we are naming and explaining the top three.

Tip 1: It’s Super Easy to Get

The Smarkets bonus is very easy to get for just about anyone. If you are a new player at Smarkets and you sign up for an account or download and register on the Smarkets app, you will instantly become eligible for the bonus, without even having to use any Smarkets bonus code at all. You simply need to create an account and make your deposit and you will qualify for a rebate worth £10.

Tip 2: Betting Exchanges are Fun

Most of us are used to betting on classic sports betting sites, and while there is nothing wrong with that, sports betting exchanges are simply a lot of fun to try and any sports bettor should try them at least once. If you haven’t had a chance to try sports trading in the past, the Smarkets new player offer is a great way to do it with minimal risk.

At a sports exchange, you bet against other players and you can take your side on any bet, meaning you can bet against a certain bet as well as for it. This is a brand new element compared to classic sports betting and one that many punters really enjoy. In the end, betting exchange is about beating your peers, not the bookies.

Tip 3: You Get the Best Value

When you combine the great betting odds, which are usually better than those offered by regular bookies, the very low commissions of just 2% that Smarkets takes, and the fact that you get to bet with some extra cash, there is no doubt that the value offered at Smarkets for casual and serious bettors is something that simply can’t be matched by most sportsbooks out there.

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Start Your Sports Exchange Journey Now

There has never been a better time to join a sports betting exchange. With the bookies becoming ever harder to beat with their complex algorithms and expert advisors, why not take on your peers and bet against other punters in an open sports exchange. If you haven’t had a chance to do so before, Smarkets offers you a great opportunity to try it now.

Smarkets sign up bonus

Trade bets on top sporting events in the world

What’s even more, Smarkets will award you with £10 in completely extra money the first time you lose at the exchange, which means you will be getting maximum value for your first deposit and a chance to try the platform without much risk. Join Smarkets today and see how you fancy a sports betting exchange as opposed to the classic sportsbook experience you are probably used to.

Joining Smarkets is a Great Idea

If you have been betting on sports for years and haven’t had a chance to experience the thrills of betting on the exchanges, the time to start is now. Smarkets is one of the best betting exchanges in the world and one that offers the best odds and lowest commissions which you can find out more about in our Smarkets review. If you need even more reasons to join Smarkets, here are a few that our Smarkets test came up with.

Betting Exchange Advantages

The advantages of a betting exchange over a sports betting site are numerous and there is almost no doubt that most punters can benefit far more from betting with an exchange. For starters, the odds you can get from an exchange are almost always better and the fact you are betting against other players makes all the difference.

The prices are determined based on what people are betting on each side of the bet, while you pay a 2% Smarkets commission to the site for hosting the bets. If you are a skilled sports bettor, there is no doubt that you will have a great chance to come out on top while betting with Smarkets.

Professional and Serious Service

Unlike many sports betting sites that offer mediocre and not so professional sites and services, Smarkets is truly dedicated to making their site clutter free and focused on betting alone. Trading your bets at Smarkets will mean you get to see everything that is on offer the moment it appears and since you can trade on live and upcoming events and enjoy the top notch horse racing exchange as well, your options will be plentiful.

Smarkets bonus for new players

A professional layout and services offered by Smarkets

While some players prefer sites that offer various side options, casino games etc, Smarkets is really focused on providing you with a top notch sports trading platform and they do this better than anyone else out there.

Get All the Help You Need

If you are new to the world of betting exchanges, Smarkets offers plenty of materials, sports betting strategies guides, odds calculators and other stuff you will need to get acquainted with this new model of betting. If you have been around for a while and know how exchanges work, you will be able to quickly get into the action as the site’s layout and menus allow super quick navigation and make it possible to make your first trade within seconds. If you do end up needing some help, the Smarkets customer service is readily available to help you with any issues that may arise.

Save your smarkets Bonus now! Read the full smarkets Review

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Our Test Result
97.4 of 100
To the Provider
Smarkets at a Glance
Bonus for new Customers
Amount: 100% up to 10GBP
Type:Deposit Bonus
Conditions:1x Your Deposit Amount
Valid until:31/08/2019
More Infos:Smarkets Review
Smarkets App Review
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