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  1. 02-03-12 10:13 AM #1
    tommygun
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    Default 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.
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  2. 02-03-12 10:29 AM #2
    FourLengthsClear
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    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.
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  3. 02-03-12 12:00 PM #3
    King_Suckerman
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    They are good .........but there have been at least 2 other threads in the last couple of months on the same subject.
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  4. 02-03-12 04:15 PM #4
    tommygun
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    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.
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  5. 02-03-12 09:34 PM #5
    Optional
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    They have Challenger Tennis markets up.

    Betfair/Betdaq/Matchbook don't.
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  6. 02-04-12 12:51 AM #6
    chachi
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    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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