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Smarkets Offer: £10 in free bets
Bet £20 to get £10 in free bets. Get first £10 of losses refunded!
  • 0% commission
  • Stats
  • Welcome Bonus
You must deposit at least the qualifying deposit of £20 (or currency equivalent) in a single amount with your first deposit to be eligible for the rebate.

Smarkets Promotion Code & Sign Up Bonus Offer For 2021

Smarkets is an online betting exchange that allows back and lay gambling on thousands of horse races taking place during the year. Take favourable odds from fellow gamblers or choose your own odds and trust your judgment. You can also bet on racing through Smarkets’ SBK mobile app. Learn about Smarkets welcome offers and promotions, referral bonus code and betting features in our detailed review. Sports trading with confidence in one exchange.

Smarkets promo code

Smarkets Welcome Bonus

Smarkets Referral CodeCheck codes at
Sign Up Promo OfferBet £20, Get £10
Welcome Bonus TypeFree Bet Bonus
Smarkets Betting AppiOS, Android, 18+, UK 2021/2022
Use Smarkets UK promotion code to claim your sign up offer, a 100% free bet, and improve odds. 18+, Terms apply.

As a new Smarkets customer, you can claim a welcome bonus including a free bet. Just open your new account, make a deposit, and place your first bet. 

Smarkets Promotion Code
Smarkets Promotion Code Offer Details

Smartkets Promotion Code 2021

  • Smarkets Sign Up Promotion Offer: Bet £20, Get £10
  • Bonus Code Terms: min deposit and bet £20
  • Smarkets/SBK Referral Promo Code: OPTIONAL
  • Coupon offer, code valid: 2021/2022

Smarkets Joining Offer Terms: To claim the welcome deal, you’ll need to sign up and make a first deposit by debit card worth £20. You’ll receive a free £10 bet if your initial wager loses. Note that you won’t qualify for the welcome bonus if you deposit with PayPal, NETELLER or Skrill.

Smarkets Betting Promotions

Smarkets runs regular promotions but these are mainly aimed at betting exchange customers. Use promotion code for Smarkets upon registering your new customer betting account.

  • 0% Commission: Avoid paying your percentage commission on selected markets every month. This saves you a 2% flat commission on all bets that you take from other customers.
  • Smarkets Sign Up Offer: get £10 in free bet when your first qualifying bet of min £20 looses within first 7 days after registration. Promo code is optional. Terms apply.

Smarkets Betting Review

Smarkets it is:

  • Trade sports, politics and current affairs
  • Industry-low 2% flat commission
  • Get a £10 welcome bonus

Smarkets was set up in 2008 as a transparent online betting exchange. It offers peer-to-peer betting on sports, horse racing and financial markets. You set the odds or take a price that might be much higher than that offered by the high street bookmakers. 

In 2019, Smarkets launched SBK, a brand new mobile sports betting app with a focus on a more social, friendly experience. But Smarkets already had some partnerships with the UK horse racing industry. Smarkets sponsors over 30 racedays throughout the calendar. 

You can contact Smarkets via email (, private Twitter message (@SmarketsTech), and 24-hour live chat. UK customers also have access to a free phoneline from 9am-midnight (0207 617 7413). 

Betting Features at Smarkets Horse Racing

Smarkets works off an online betting exchange that lets you set the odds for other players to take. You can also back your favourite horses at odds set by other Smarkets customers. In some cases, you can get odds far higher than those offered by fixed-odds bookmakers. 

You also have the option to ‘lay’ horses and act like the bookie. With a lay bet, you’re betting the horse not to win. Other Smarkets customers will take your odds but you are open to liability if you lose the bet. The beauty of an exchange is that you can back and lay at different odds and therefore guarantee a profit or reduce your overall exposure. 

Smarkets Exchange Horse Racing Betting

  • Back (win)
  • Lay (not to win)
  • To place / not to place (top 3/top 4)
  • No account limits
  • Small commission of 2%

Fixed Odds with SBK

  • Race winner
  • Each-way/place
  • Betting without favourite
  • Ante-post/future races
  • Exotic/multiples

Countries include: 

  • UK
  • Ireland
  • Australia
  • France
  • New Zealand
  • US & Canada
  • South Africa
  • South Korea
  • South America

Special Features at Smarkets

Looking for special betting features? If you’re an exchange fanatic, you can view plenty of form and details on the big races. Sadly, there is no live streaming capability at Smarkets. 

Form: Click on the ‘?’ icon next to each horse to bring up stats such as form, horse age and weight. 

Market Trends: The major difference with Smarkets over other online betting exchanges is that you can view all contracts taken on a particular race. With special on-screen graphs you can track where most of the money has been going. You’ll see full stats on what percentage of the money is going on each horse. 

Smarkets & SBK Horse Betting App

You can bet at Smarkets through a dedicated mobile app. Get full betting exchange functionality and trade on dozens of sports in real time. The app also boasts an intuitive search tool to get you to your favourite racing markets fast. 

Smarkets also launched a fixed-odds betting app in 2019 – SBK – which boasts more competitive odds than other UK online bookmakers. As well as horse racing betting, you can gamble on everything from football to tennis and US sports. 

You can also get a risk-free bet as a welcome bonus. To claim the deal, just deposit and bet £20 and get a £20 free bet if your first wager loses. 

Download and Install Smarkets Bet App / SBK App:

  • iOS (Apple App Store): iOS/iPadOS 10.0+ (88mb download)
  • Android (Google Play Store): Android 5.0+ (50mb download)
    (Android download also available direct from the website) 

Payment Methods

You can make simple deposits at Smarkets as soon as you open your account. Save card details on the site for easy deposits or make a bank transfer or e-Wallet deposit. You’ll need to verify your email address before you make any deposits. 

Minimum deposits are £10 for debit cards, or £20 for bank transfers and e-Wallets. The maximum limits of £10,000 for Visa/Mastercard are sufficient, but £200 for PayPal is a little low. You can, however, deposit as much as £5,000 in one go with NETELLER and Skrill. 

  • Visa
  • Mastercard
  • PayPal
  • Skrill
  • Online bank transfer

Claim Free Bets at Smarkets Today

Smarkets offers a great way to make peer-to-peer bets on your favourite horse races. Alongside an easy-to-use betting exchange, you can download the SBK app and make fixed-odds wagers on horse racing and greyhound racing. Get started today with Smarkets and SBK and bet on the biggest races of the UK and Irish calendar. 

Opening Your Smarkets Account

It’s easy to get started with Smarkets. Either download the mobile app or join online. 
Step 1: Provide the following information:
Email address
Create an account password
Date of birth
Promotion code

Step 2
Full name
Mobile phone number
Currency and country
Home address

Step 3
Make a deposit by UK debit card and set limits