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Smarkets Reviews & Ratings US 2020

Is Smarkets Reliable & Secure?

Smarkets online sportsbook has been receiving gamblers of all kinds since 2008 when it first opened in London. Since then, the online gambling site has continued to grow. Today, it features thousands of betting markets. A deal with Full House Resorts allows Smarkets US to serve American customers.

In our Smarkets reviews, we’re going to tell you all you need to know about Smarkets US! It’s an impressive sportsbook with countless horse racing events available. It focuses on horse racing and soccer, with about 500 options to bet on.

There are many betting markets for horse racing aficionados, ranging from UK and Irish races to American and even Asian and African markets. Smarkets ratings are excellent for its betting coverage. As if that weren’t enough, Smarkets also has a live betting feature. You don’t need to be at home to gamble with Smarkets, and there is also an app so that you can bet on the go.

Although there is no online casino with Smarkets, we might see it in the future. You might be asking, “Is Smarkets reliable?” or “Is Smarkets secure?” The answer is yes. It is legal and licensed. We’ll go into more detail in our Smarkets reviews about this.

Overall, Smarkets ratings are high, with its impressive sportsbook in many categories. Continue reading to find out more about this online sportsbook.

Smarkets: Pros & Cons
Smarkets: Pros & Cons
  • Wide betting coverage
  • Many reliable payment methods
  • Legal and licensed
  • User-friendly web design
  • Has a Smarkets mobile app
  • No online casino
  • No loyalty program

Bonus Offers & Free Bets

Smarkets US has a unique welcome bonus. It’s not like your traditional welcome bonus or matching a deposit or automatically giving you free bonus cash when you sign up. Still, Smarkets ratings for its welcome bonus are high. The Smarkets reviews mention great things about this, too.

For new customers, Smarkets will give you a $10 bonus when you lose a bet on your first five wagers. However, horse racing fans will be sad to hear that the wagers need to be placed on football matches.

These wagers must be made on Premier League games, specifically. So, you’ll have the possibility of earning an extra $50, but you’ll need to endure some soccer betting to do so.

In order to qualify for this <a href=”https://www.horsebetting.com/us/bookmakers/smarkets/offers/”>offer by Smarkets</a>, the initial deposit must be $20 or more. This is only for the first five games you wager on. If you win all of your bets, then you won’t receive any bonus cash.

You might think that this is a bad offer, but if you’re winning all of your bets, that is not that bad. You could be gaining more than the $10 bonus, and not losing any money either.

You’ll have three months to use your bonus cash. This is actually a long time because many sportsbooks only allow 7 days or a month to use your bonus cash. This is actually one of the best welcome bonuses because it isn’t loaded with a long Terms and Conditions section.

You can use the bonus cash as you like! This can be a horse racing wager, a bet on sporting events, and even politics or current affairs. The three-month expiration date is also there to ensure you have more than enough time to use your bonus. Check out our Matchbook Review for another reputable bookmaker in the industry.

Usability, Look & Feel

Smarkets has a very soothing look and feel. It has a black background that dominates the website. The lettering is in white, with accents of mint green. There’s a drop-down section on the left-hand side of the website. Smarkets reviews for its website are overwhelmingly positive.

The dark theme can be a definite advantage. Unless you’re fond of lighter themes, like those offered by Spreadex and SportingBet, the dark theme is a lot easier on the eyes when wagering for long periods of time.

There you’ll find Quick Links, which include Watchlist, In-play, Current Affairs, Soccer, Horse racing, and Politics. Clicking on any one of those will bring you to the betting page.

Below that, you’ll see a part called Categories. This is where the rest of the sports are listed in the tab form. Clicking on those also brings you to the betting pages. On the betting pages, you’ll see the odds on the upcoming games.

We noticed through our Smarkets reviews that on the right side of this gambling site, you’ll see where you can log in, settings, and a search tab: the sign-up and login in a very straightforward process. To sign up, you’ll need to provide some personal information and banking methods. To log in, you’ll need to type in your username or email, with the password you create upon signing up.

The settings tab allows you to choose how you want to view the website. You can decide how you wish to view odds. It will either be decimals, percents, or America. After that, you can pick the site’s theme: the default dark theme or a light one. The last setting you can choose is the language you want the website to appear in: English, Portuguese, or Swedish.

If you’ve used a site like Sporting Index or Sport Nation in the past, the Smarkets website will be very easy to navigate. They all seem to be following similar design guidelines.

The search tab is a great feature because you won’t have to spend time trying to navigate the website. You can search for a specific event, market, contact, or anything else. At the bottom of the page, there are more tabs to get to where you want quickly.

These tabs include: About, Careers, Blog, Community, Affiliates, API, SBK, and Contact Us. Smarkets has made the website very organized for its bettors. You won’t be confused when using Smarkets US. Overall, our Smarkets ratings are great for usability.

In addition to the website, there is a Smarkets app that can be used on the go. It was released in 2017 and is available for iOS and Android devices. The app works in a similar way as the website.

There is a main menu with tabs that help navigate the app easily.
The color scheme and tabs are the same as the website, so it should be easy to move from desktop to app. It’s easy to find in the App Store or Google Play.

You can use the same welcome bonus on the app as the website. Just remember, the bonus cash only comes from losing on your first five bets. The welcome bonus can only be used once per account. So, this means that if you already made your initial bets on the website, you won’t get another five in the app. It’s all connected.

The app’s secure and follows the same rules as the website does. Just remember, in the United States, you must be within the state borders to gamble with Smarkets. If you’re traveling, remember to stop betting when approaching state borders. You don’t want to face any legal trouble when betting on horse racing online.

Payments

Smarkets US  has many deposit and withdrawal methods that are all reliable and used with many online gambling sites. Smarkets has a total of seven different payment methods that they accept. They’re Visa, Solo, Maestro, MasterCard credit and debit cards, Neteller, Skrill, and bank transfers.

With all of these methods, except the bank transfer, will process immediately. The bank transfer will take anywhere from three to five days to process with Smarkets US.

The minimum deposit for all debit or credit cards is $10. For Neteller, the minimum deposit is $20. Skrill follows the same rules as the cards with a $10 minimum. For Bank transfers, there is a $20 minimum for depositing.

For withdrawals, you can use the same methods as depositing. The minimum withdrawals are the equal amounts as the depositing minimums. However, the withdrawals are not processed as quickly.

For debit and credit cards, it will be processed in one to six business days. With Neteller or Skrill, the withdrawal time for Smarkets is only one to two business days. For Bank Transfers, processing can take five to ten business days.

Luckily, for all payment methods, don’t charge a fee for both depositing and withdrawing your winnings. Overall, Smarkets ratings with its payment methods are really high. There are many options and all are reliable.

Customer Service

Smarkets reviews with its customer service are excellent as well. There are many ways to get into contact with a representative for Smarkets US.

You can contact Smarkets US by email, which takes about 24 hours for a response. There’s also a phone number that can be called from the hours of 9 in the morning to midnight. Usually, you don’t have to wait on hold for that long, but if it’s during peak times, it could be longer.

If that wasn’t good enough, Smarkets ratings for its customer service is even higher because it has a 24/7 live chat available for all bettors. This is the fastest way to get a response from a representative. You can also use Twitter to tweet at Smarkets US for an answer as well.

The added bonus is that there’s an in-depth, frequently asked questions page on the website. There you can find out a lot of information about the site and some common problems.

Checking this out before contacting support can save you a lot of time. If you just want to know more about Smarkets US, you can also look at this page.

License & Security

Smarkets reviews say it’s one of the best when it comes to security. As Smarkets started in the UK, and has been trusted by many players in Europe, you should feel the same when using it in the United States. In the UK, it is licensed by the UK Gambling Commission and Malta Gaming Authority.

It also uses Transport Layer Security and Secure Socket Layer to make sure its gamblers are safe with their identification and payment transactions.

Smarkets US recently hammered out a deal with Full House Resorts. It makes betting with them legal in Indiana and Colorado. We can expect to see more states join in as Smarkets continues to expand in the states. Full House Resorts are affiliated with the NASDAQ Small Cap Market.

Betting with Smarkets is fully legal and safe to use for those in the States within the borders of Indiana and Colorado. For another licensed bookmaker check out our Sporting Index Review.

Rewards & Loyalty Program

Unfortunately, Smarkets doesn’t have a VIP or loyalty program at present. Many sportsbooks offer this feature as an added bonus to stay with them. Sometimes, you’ll get free bonus cash, extra promo codes, invitations to special events, higher limits, priority customer service, or quicker withdrawal time.

Even though Smarkets US doesn’t offer a program like this, it has many bonuses that all bettors can enjoy. Smarkets focuses on horse and sports betting, and delivering a robust sportsbook experience. It tries not to get too mixed up in the other extras that some sportsbooks offer.

Smarkets Sports Betting

Betting Markets

Smarkets US has a great variety of horse racing events to bet on. It focuses on soccer and horse racing as its main sports to bet on. In those two categories, there are the most options for betting.

Smarkets US includes all major US horse racing events and tracks in its betting coverage. This includes famous American tracks such as Churchill Downs, the Pimlico Race Course, Belmont Park, or the Saratoga Race Course.

If you’re looking for horse racing action across the pond, Smarkets covers all major UK and Irish tracks as well. Epsom Downs, Ascot Racecourse, Aintree Racecourse, and events such as the Cheltenham Festival, the Irish Grand National, or the Newbury Winter Festival.

Our Smarkets reviews revealed excellent performance in terms of international betting markets as well. When the tracks in the US, the UK and Ireland aren’t enough for you, Smarkets US covers Asian, African and South American horse racing tracks as well. It’s truly a global selection.

There are so many ways to bet with Smarkets US, you’ll never be bored again. Furthermore, as a betting exchange, Smarkets is capable of offering incredibly unique betting markets for any event in the world. As long as someone is willing to take the other side of the action, you can bet for, or against, almost any outcome.

That said, being a betting exchange also means that markets can be rather limited for low profile races and events. You can only wager on betting markets where there’s interest from other bettors, so certain races can have as little as two betting markets available (to win, and to place).

Nevertheless, the possibilities are endless when you take into account parlay bets. Smarkets lets you add multiple markets to one bet slip with ease, so building your own unique bets won’t be too difficult. More popular events usually feature over a dozen markets, including tricasts, forecasts, and even distance betting.

Odds

Smarkets have some of the best odds in the industry. You might be asking: how can it do this? Traditional sportsbooks will have set odd prices, but Smarkets doesn’t do this. As a betting exchange, you essentially bet against other players at specific odds. This results in a lower price for you on the commissions side of things.

You can find extremely competitive odds that are often more generous than those offered by major sportsbooks and racebooks. Betting exchanges can provide unique opportunities for keen-eyed bettors to engage in arbitrage betting.

The way Smarkets makes its money is by charging a 2% commission with all bets. It’s an extremely competitive fee, which makes the odds all the more appealing when it comes down to the bottom line.

Live betting & streaming 

If you love horse racing, you know there’s a thrill about watching a great race. Seeing a clear standout defeated by an unlikely underdog is always thrilling. There’s something special about races that gets us so invested in them. What could make watching races even better?

Live betting, that’s what. And Smarkets doesn’t disappoint when it comes to in-play betting options. A wonderfully responsive interface quickly updates betting lines for all ongoing races. Placing live bets is as easy as placing pre-match wagers. Keep an eye on those odds, though! They do move fast.

Smarkets ratings for the live section are alright, but not perfect. Smarkets allows you to take part in live betting with many of its sports offered. However, there is no live-streaming option. So, you can bet live, but must watch on your own television or streaming site. This negatively impacted our Smarkets ratings.

Limits

The limits at this operator are pretty fair, which positively impacts our Smarkets ratings. The minimum bet you can place is $5, with the maximum bet of $99,999.

That is quite a large range. If you’re just gambling for fun or making a career out of it professionally, Smarkets has the betting limits for you. Head over to our Spreadex Review for more, great sportsbook offers.

Sportsbook Conclusion

Overall, Smarkets reviews are high with us. It has almost everything a great sportsbook needs. There is a great variety of tracks, with multiple betting types to choose from and multiple markets to bet on.

It has some of the best odds in the industry with a live betting option. Our Smarkets reviews revealed impressive diversity. The only downfall with this gambling site is that it doesn’t offer live-streaming of events. If the sportsbook adds this feature, Smarkets ratings would show a perfect score.

Smarkets Casino

Software

Smarkets reviews for the online casino don’t exist, because there isn’t one as of yet. Why might you ask? We aren’t 100% sure, but it’s likely that the company wants to focus on making the best sportsbook first.

It recently came to the United States in only a couple of states. We think that once Smarkets is available in many or all states that allow online gambling, it might extend its company to the online casino.

Many quality sportsbooks have online casinos. Usually, if bettors like gambling on sports, they’ll also enjoy wagering some money with blackjack, roulette, or slots. When a sportsbook has an online casino, the player can easily use the same account and deposit money to gamble with.

The gambling site will probably make more money with the addition of an online casino as well. However, it’s a big commitment as casinos run a little differently than sportsbooks. It’ll have to look at the laws and make connections with many software companies.

Since Smarkets doesn’t have a land-based casino of its own, this might be the reason the company hasn’t made an effort yet. It uses Full House Resorts as its partner, but Smarkets doesn’t participate in the casino at those locations. It’s possible to do your casino gambling there if you really need to. This is a plus for our Smarkets ratings.

We aren’t sure about the future of the Smarkets casino. It seems that Smarkets is very into advancing its sportsbook in the United States right now. We would love to see them open an online casino in the future. If that happens, our Smarkets reviews will be updated to reflect this.

Smarkets Poker

Software

As stated previously, there is no Smarkets casino, which includes poker tables as well. It’s a shame because many people enjoy the poker scene with online gambling. There is the possibility of participating in live poker with a live dealer.

Live poker creates the real casino feel in the comfort of your own home. A highlight of many poker rooms is the tournaments. Online casinos get high turnouts from these tournaments, and it’s possible to win a lot of money. An online gambling site can make a profit off of these tournaments because there’s usually pay in that’s required.

Many gamblers love to continue betting more money when they’re successful. After winning big with the afternoon sports event, you can take your winnings to the poker table and possibly gain more. However, at this time, we have to enjoy the Smarkets sportsbook alone and hope that it will open a casino sometime in the future.

Overall Conclusion

Smarkets might not be one of the top bookmakers in the world, but Smarkets ratings show it’s getting there. With many years in the UK, fantastic Smarkets reviews, and the recent partnership with Full House Resorts in the United States, we can expect this sportsbook to continue improving with time.

It already has a great variety of sports to offer excellent odds. There are many ways to bet and different leagues to follow. Smarkets also includes a live betting feature for those who love to get into the excitement while the sporting event is taking place.

You can trust the reliability of the site as it has an excellent reputation in London and in the United States. It only accepts credible payment methods with quite fast withdrawal times. The limits are reasonable for all types of bettors.

We would only love to see more from Smarkets. Our Smarkets reviews were disappointed with some things, though. It lacks the ability to live-streaming races in the sportsbook. More critically, it lacks any semblance of an online casino or poker room. With these additions, Smarkets would have everything it takes to expand across the US.

Maybe in a few years to come, we’ll see these improvements as its presence in the States becomes more popular. Our Smarkets ratings are excellent in most areas. Overall, our final Smarkets ratings are 7.5/10. If you’re looking for another option, check out our Toals Review.

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