Smarkets Ireland Full Sportsbook Review
Company History
Smarkets is a betting exchange platform offering sports betting and prediction markets. The company is based in the United Kingdom and operates as an exchange model where users bet against each other rather than against the house. Smarkets holds licensing in the UK market and combines elements of financial technology with traditional betting exchange services.
Key Facts
- •Licensed by Dual (MGA/CRP/162/2008)
- •Licensed by Dual (000-039173-R-319366-002)
- •Licensed by Dual (000-033562-R-315062-001)
- •Email support: [email protected]
- •Website: smarkets.com/
Latest Positive Reviews
No positive reviews found
Latest Negative Reviews
The new website is a load of crap and the removed the live chat option
Awful customer service and horrible communication. For an exchange which should be the fairest to customers and markets, I've had bets on a game almost 2 weeks ago, still being looked into, up to 8 weeks it has said online. My account was also suspended, and an email was only sent 3 hours later about it, followed by a huge request for documents, which I provided within an hour. It has now been 2 weeks, and they average a response every 5 working days and counting. It is a joke that practically the only way they provide to contact is through a futile email, especially as being locked out gives even less hope to speak to someone. What are the odds this review gets a faster response than an email back @smarkets?
Been 5 months now no replies kept my money forget the reach out rubbish just stitch you up DO NOT TRUST THESE PEOPLE as I said got the usual reply you got my address then just send my money how hard is that don't give me all that pony you got the documents
Recent News
Based on 581 Trustpilot reviews with an average score of 2.8/5.
Smarkets Ireland Review: Low Commission Exchange Gains Traders from Betfair
Smarkets continues to attract Irish traders with its 2% commission rate versus Betfair's 5%, with users reporting significant savings. The platform tracked 100 Irish horse racing events showing competitive liquidity against Betfair.
Smarkets Review: 0% Commission Welcome Offer for New Users
Smarkets attracts new users with 60 days of 0% commission, offering markets on over 20 sports with strong coverage of Premier League football and UK/Irish horse racing. The platform is noted for its politics betting markets and 2% standard commission rate.
Smarkets Pursuing CFTC License for US Prediction Market Expansion
CEO Jason Trost is seeking regulatory approval from the CFTC to enter the US prediction market, positioning Smarkets alongside competitors like Kalshi and Polymarket. The company recorded an 18% year-over-year revenue increase in 2024, driven primarily by its SBK sportsbook which nearly doubled its revenue.
Trust Score Analysis
Pros
- 60-day 0% commission welcome offer with no wagering requirements
- Exchange model delivers better odds than traditional bookmakers
- All payment methods completely free with 12-hour withdrawal option
- Strong UK fund protection meeting Gambling Commission's highest level
- Matched betting friendly with exclusive 0% commission promotions
Cons
- Poor customer service with 2.8 TrustPilot rating and slow response times
- Select Tier penalizes successful bettors with 3% commission after £25k profit
- Aggressive inactive account fees of 5% monthly after 12 months
- Broad account suspension powers with vague 'suspicious betting' definitions
- Live chat support has been removed according to recent reviews
Licensing & Security
Regulated by
Dual regulated - MGA for non-UK customers, UKGC for UK customers
Legal Operator
Smarkets (Malta) Limited
License Numbers
Quick Info
Customer Support
Follow Smarkets Ireland
Latest News
Smarkets Ireland Review: Low Commission Exchange Gains Traders from Betfair
Smarkets continues to attract Irish traders with its 2% commission rate versus Betfair's 5%, with users reporting significant savings. The platform tracked 100 Irish horse racing events showing competitive liquidity against Betfair.
Smarkets Review: 0% Commission Welcome Offer for New Users
Smarkets attracts new users with 60 days of 0% commission, offering markets on over 20 sports with strong coverage of Premier League football and UK/Irish horse racing. The platform is noted for its politics betting markets and 2% standard commission rate.
Smarkets Pursuing CFTC License for US Prediction Market Expansion
CEO Jason Trost is seeking regulatory approval from the CFTC to enter the US prediction market, positioning Smarkets alongside competitors like Kalshi and Polymarket. The company recorded an 18% year-over-year revenue increase in 2024, driven primarily by its SBK sportsbook which nearly doubled its revenue.