The Smarkets free bet offer is a simple offer to claim. Open an account with Smarkets, deposit and bet £20 and get a refund up to £10 in cash if you make a loss.
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As betting exchanges are integral to matched betting, this offer is perfectly suited to the technique. Matched betting is all about making an expected profit from bookmaker offers and the Smarkets free bet offer has an expected value of £10.
We advise using a debit card when signing up to claim the Smarkets free bet voucher, as credit cards can incur additional charges. First deposits made by Skrill or Neteller e-wallets will not qualify for the free bet.
To claim the offer, simply register an account with Smarkets and make a first deposit of £20 or more. You must deposit a minimum of £20 in a single transaction otherwise you will not be eligible for the offer.
Next, place a bet or series of bets using your deposit and any losses will be refunded as cash up to a maximum of £10.
Claim Free BetsRegister with Smarkets and get up to a £10 refund as cash on your losses!
This is a pretty simple offer with a lot of value. To withdraw your funds, you must wager your initial deposit once. Therefore, it is advised that you deposit £20 and place £20 worth of bets. If you make a loss, a refund of up to £10 will be credited to your account, as cash, within 24 hours.
Smarkets is a betting exchange which allows you to take on the role of the bookmaker and accept bets at odds of your choosing. You’ll be betting against other punters which gives you the opportunity to bet at extremely competitive prices. In short, there is more value to be had than betting with a traditional bookie.
Betting exchanges make money by charging a percentage of commission on winnings. Smarkets offers a comparatively low rate of just 2%, which is why it’s a popular choice for matched betting.
You can back and lay bets on football, horse racing, tennis and a whole range of other sports with Smarkets. It’s a useful tool to have at your disposal when making an expected profit through matched betting and the £10 rebate means that you can get a nice boost when starting out.