Smarkets Betting Exchange

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  • tommygun
    SBR MVP
    • 07-01-10
    • 2239
    #1
    Smarkets Betting Exchange
    Does anyone play with these guys?'
    They are new on the scene, I opened an acct there today and noticed they have A LOT better liquidity than Betdaq, I'm liking the 2% commision too. They only deal in GBP, and Euros at this stage.
    They don't have the widest range of sports to bet on, only: NFL, Horse Racing, Cricket, Tennis, Soccer, Golf, Rugby.

    Any feedback would be appreciated.
    BETTING EXCHANGES, easy money.

    Soccer Tipping: 5-0-1
    Tags: None
    • FourLengthsClear
      SBR MVP
      • 12-29-10
      • 3808
      #2
      So far so good. I have had no problems with them.

      Slight issues in terms of transparency in that I believe they have market makers on preferential terms. That is fine in the early stages but I would want to be 100% sure that they are not being allowed leverage/credit before committing any substantial proportion of bankroll to them - that is a dangerous game.
        Comment
        • King_Suckerman
          SBR Wise Guy
          • 04-12-09
          • 945
          #3
          They are good .........but there have been at least 2 other threads in the last couple of months on the same subject.
            Comment
            • tommygun
              SBR MVP
              • 07-01-10
              • 2239
              #4
              From my experience with them today, I bet on a couple of soccer matches and they do not "suspend" games when a goal is scored.
              Also they take along time to grade horse racing winners, but the owner said they were going to improve on that.
              Also a couple of times I entered my bet in at the available odds and it took a while for my bet to be accepted...
              There market makers work for free, and I agree with u 4lengths, hope they do not get preferential treatment/leverage on the markets, although the owner assured me they dont.
              Their odds are exactly the same as BetFair for 99% of things, i asked why this was and the owner said they use the same market makers for a lot of their product.
              BETTING EXCHANGES, easy money.

              Soccer Tipping: 5-0-1
                Comment
                • Optional
                  Administrator
                  • 06-10-10
                  • 61513
                  #5
                  They have Challenger Tennis markets up.

                  Betfair/Betdaq/Matchbook don't.
                  .
                    Comment
                    • chachi
                      SBR MVP
                      • 02-16-07
                      • 4571
                      #6
                      they dont settle horses as quickly as BF as they wait until after the weigh-in / "official official" result is posted and thus don't need to unwind and resettle as BF occasionally has to if something goes awry
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