Smarkets social betting exchange

SmashThat · 06-19-11, 03:54 AM

I use it occasionally and find it okay. The interface can be a bit flakey at times and needs improving. I use a DC here to avoid any deposit/withdrawal fees. Early liquidity is not there on many markets, but when it appears the odds on offer are good.

JohnnyRotten · 06-19-11, 05:10 AM

thanks bud, always used moneybookers but will start using my **** DC,

nikosgr · 08-18-11, 04:04 AM

Hi guys.
Smarkets is now offering via arbusers, 1% commission rate for the first 30 days rising to a flat 2.5% for 12 months. Like this, you make sure that your commission will not go above 2.5% when Smarkets starts the base rate for the rest of the players and that will be 4%.
Also, there is a £10 free bet credit for the first 5 arbusers members that will start an account with Smarkets.
Smarkets operates only in £, but now they will refund all exchange fees via Moneybookers.
Unlike other forums, this is completely free for arbusers members.
More details here: http://arbusers.com/index.php/topic,273.0.html

Border Gadgie · 08-18-11, 05:47 AM

As an alternative you could also join through another site and only pay 1% commsion for a full year so not really a good deal.

nikosgr · 08-18-11, 08:45 AM

Originally posted by Border Gadgie

As an alternative you could also join through another site and only pay 1% commsion for a full year so not really a good deal.

Not true.
The other site is offering 1% till the end of 2011, and then you go straight to 4%.
Arbusers is offering 1% for 1 month, and then flat 2.5% for 1 year.
Also, the other site requires a paid membership of 28 gbp, while arbusers is offering it for free.
Not to mention that arbusers is offering 10 gbp free credit to some of it's members.

jairocon · 08-20-11, 06:52 PM

Charging 2% on moneybookers deposits makes it a highway robbery in my eyes.

chachi · 08-21-11, 12:11 AM

they're just transparently passing along MB costs ...

nikosgr · 08-21-11, 01:30 AM

Originally posted by jairocon

Charging 2% on moneybookers deposits makes it a highway robbery in my eyes.

Guys,
Take a look at the link that i gave you.
They are absorbing all MB fees for deposit. You even make a small profit from this. Also, they cover 1 free withdrawal up to 5k.
The conditions that arbusers offer, are ideal for someone who wants to at least try it, with out any cost. Furthermore, you have the chance for a free 15 gbp credit.

tommygun · 08-21-11, 11:06 PM

haven't seen this Smarkets, but have heard of it, I can't imagine the liquidity being too good. I'm also getting butt ****** with this premium charge bs, and have opened up a Betdaq account but it just doesn't cut it liquidity wise.

carltonbanks · 11-22-11, 01:18 PM

Liquidity on Smarkets seems to have improved. Also I found out they are doing free Moneybookers.

However Matchbook has free Neteller deposits for all of November.

chachi · 11-22-11, 01:51 PM

smarkets is useful for UK football and UK racing quite often, price may sometimes be a tick or two off BF but taking the commission differential into account youre better off

carltonbanks · 11-23-11, 05:56 AM

Originally posted by chachi

smarkets is useful for UK football and UK racing quite often, price may sometimes be a tick or two off BF but taking the commission differential into account youre better off

Yea I found the commission difference means I'm better off on Smarkets. Anyone know if they will get Neteller?

chachi · 11-23-11, 11:39 AM

moneybookers is more prevalent amongst their current user base I believe, but drop them an email and ask, can't hurt

carltonbanks · 11-23-11, 01:16 PM

Thanks - talked to someone there, seem like nice guys but not planning on getting netteller.

King_Suckerman · 11-23-11, 05:12 PM

Originally posted by carltonbanks

Liquidity on Smarkets seems to have improved. Also I found out they are doing free Moneybookers. However Matchbook has free Neteller deposits for all of November.

I think the free moneybookers thing is only until the end of December.