Then Look No Further!
Smarkets is a betting exchange, as opposed to a bookmakers (e.g. SkyBet, Betfair, Ladbrokes etc).
They are very similar in purpose, with the main difference being that rather than betting against the website, you are betting against other bettors.
This means that there is no bookmaker profit margin and therefore means the odds are usually always much better for the same selection.
As a result of there being no bookmaker profit margin, the odds are usually always much better, meaning much more profit can be made from the same bet.​
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Below are some examples of the odds offered by different betting sites for
Barcelona v Benfica
Sky Bet
£10 on Benfica returns £75 (7.50 odds)
BetUK
£10 on Benfica returns £80
(8.00 odds)
Smarkets
£10 on Benfica returns £86 (8.60 odds)
On Smarkets you can also bet 'against' an outcome. For example, you can bet on a horse NOT to win, or a player NOT to score.
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This is not possible on bookmaker sites, and adds a fun new dynamic to betting.
You could bet £10 on this horse to win at 2.16 for £21.60 return
Or you could bet £10 liability against the horse winning for £18.47 return.
Usually it's not possible to place accumulator bets on betting exchanges - whereas on Smarkets it is! These bets are where the increased odds really start to pay off massively.
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Below is an accumulator odds comparison, betting on the upcoming Champions League fixtures:
Sky Bet
£10 returns £1530.00 at 153.00 odds
BetUK
£10 returns £1840.70 at 184.70 odds
Smarkets
£10 returns £2100.00 at 210.00 odds
As you can see, from placing this same bet on Smarkets you could earn £300 - £500 more profit compared to other sites! Even with 2% commission the returns for this bet on Smarkets would be £2058, which is still significantly more than the other sites!
​​Smarkets takes 2% commission on winning bets (0% commission if you link your OddsMonkey account to Smarkets!) which is an industry low compared to others such as Betfair which take 5%.
This means that even after the commission is accounted for, it is still much more profitable to bet on Smarkets than on other bookmaker or exchange sites.
For example, in the Benfica example above, even with 2% commission, £10 would return £84.28 which is still a significantly better return than the other websites.
(£75 Sky Bet, £80 BetUK)
Compare the odds on Smarkets with those on your usual betting site (or any other), and see for yourself that the extra free profit is there to be made!
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Make sure to sign up using the link below to get 0% commission for 60 days
meaning even more extra profits!
Please Gamble Responsibly.