smarkets New Customer Offer

Smarkets are one of the most popular online betting exchanges and are a great alternative to Betfair. Having more than on exchange account is useful and new customers at Smarkets can receive a £10 cash refund on their first losing bet.

smarkets free bet

estimated profit: £10

key terms

  • 18+ New customers only
  • Min deposit £20
  • Cash refund on first losing bet
  • Skrill, Neteller, PayPal or a virtual/prepaid card not eligible.
  • Max cash refund: £10
  • Losing bet doesn't have to be your first bet
betfair exchange

It's a good idea to havemore than one betting exchange account. If you haven't done so already, sign up to Betfair Exchange.


Step 1: register an account

1. Click here to visit Smarkets and open an account.

2. Once registered, deposit £20 via debit/credit card. Deposits made via Skrill, Neteller, PayPal or a virtual/prepaid card will not be eligible for the promotion.

Step 2: Move onto the next offer

There is no need to specifically matched bet this offer. Smarkets will refund your first losing bet as cash up to £10. This doesn't have to be your first bet, just your first losing bet. Therefore, simply use Smarkets for your lay bets when completing other offers until one of your bets wins with the bookmaker. You will then receive a refund for your bet with Smarkets.

In order to withdraw your £10 cash bonus, you need to place a total of £20 worth of lay bets. If you haven't done this by the time your first bet loses, simply keep using Smarkets until you have done so.

TIP: To ensure that you receive the full £10 cash bonus, use Smarkets for your lay bets when the lay stake is £10 or greater. If your lay stake is less than £10 and your lay bet loses, you won't receive the maximum refund.

Ready? Now use Smarkets for other offers

We estimate that you can make around £10 profit from this offer

Ready for another offer?