Smarkets UK Bonus Review
Smarkets is a top betting exchange platform in the UK that allows gamblers to trade on the outcome of sports events. Unlike regular bookmakers that set odds for bettors, Smarkets provides an avenue for players to fix odds and wager against themselves. After players settle their bets, the platform takes a meagre 2% commission on net market profit only. Smarkets offers UK gamblers several juicy bonuses and promotions. This review discusses these bonuses and explains how you can easily claim them.
Smarkets Welcome Bonus
Smarkets allows new customers to choose between two welcome bonus options. The first option is to receive a £20 cash refund on losses, while the second is to bet with 0% commission for 60 days from the first deposit. You can choose your preferred option during your registration by entering the promo code “SMK20” for the cash refund offer or “COMMFREE” for the 0% commission offer.
Terms and Conditions
To activate the bonus option you chose while registering, you must fund your account with a minimum of £10. Making your deposit via Skrill, Neteller, PayPal, or Trustly automatically disqualifies you from receiving the cash refund bonus. Eligible new players who do not enter any bonus code while signing up will automatically receive the cash refund bonus once they make a qualifying first deposit. Smarkets’ welcome bonus offers are available to all new customers, except Sweden residents.
Other Bonuses and Promotions
Smarkets regularly offers exciting bonuses and promotional deals to its customers. They include:
- 0% Commission Offers
Smarkets generally charges a 2% commission fee on winning wagers. However, a 0% commission bonus allows you to place bets and receive your payouts without incurring the usual commission. The offer applies to all bets that an eligible player settles within the promo period. Smarkets make Neteller, Trustly, Skrill, and PayPal unavailable as payment methods whenever a 0% commission offer is on.
How to Claim the Smarkets Welcome Bonus
New gamblers may find the process of claiming the Smarkets welcome bonus a bit daunting. Follow the steps below to get it done in a few minutes and start gambling on your favourite sports:
- Create an account on the Smarkets platform
- During your registration, you can choose between two welcome bonus options
- Enter the code “SMK20” to receive a £20 cash refund on losses or “COMMFREE” to enjoy 0% commission for 60 days from the first deposit
- Deposit a minimum of £10 to activate the bonus you have chosen
- Players that make their first deposits using Neteller, Trustly, PayPal, Skrill, or a virtual/prepaid card will not qualify for the cash refund bonus