Smarkets – How to Open an Account
Smarkets is not your everyday online bookie. It’s better described as a betting exchange and one that is quickly growing in popularity. The site offers great odds on sports in decimal format. So, if you like using fractions, it takes a little getting used to.
One thing that’s particularly fun about using a betting exchange like Smarkets is that you get to set your own odds on your preferred events. That’s because the platform makes use of a peer-to-peer system. So, as long as another punter is prepared to take those odds, you can place your bet and immerse yourself in the exciting practice of betting at betting exchanges.
Smarkets is an easy-to-use site. From creating an account and funding it to cashing in on your liquidity, the entire betting exchange experience is flawless.
If you’re ready to hit the ground running, make sure you check out our full Smarkets review and then follow this easy step-by-step guide to open your new account.
How to Open a Smarkets Account
Step 1 – Create An Account
Head over to the Smarkets main home page and click on “Create an Account” in the top right-hand corner of your screen.
Step 2 – Enter Your Details
Enter your account details, including:
- Confirm your password
- Date of birth
- Preferred currency
- Referral/promotion code
Step 3 – Enter Your Personal Details
Enter your personal details, including:
- First name
- Phone number
Step 4 – Make Your First Deposit
Finally, you’ll be asked to make your first deposit at Smarkets. You can also turn on deposit limits at this point, or you can skip this step and come back to it later.
How to Make Your First Deposit at Smarkets
Making a deposit at this betting exchange is quick and easy, so you’ll be able to start betting in no time at all.
Here’s what you need to do:
- Click on the Deposit option. It’s the green rectangle on the right-hand of your screen.
- Choose your preferred payment method for making a deposit. Smarkets accepts bank transfer, e-wallets, credit and debit cards.
- Enter the amount you’d like to deposit. To qualify for the welcome bonus, you need to make a minimum deposit of $/€
Claim your $/€10 bonus and start backing your favourite matches, players, teams and games! Smarkets also allows you to trade current affairs and politics and offers an exceptional industry-low flat commission of just 2%.