Exchange directory · Checked 1 November 2026

Smarkets App: Ratings, User Reviews & Racing Features (2026)

Real App Store and Google Play ratings for Smarkets on iPhone and Android, plus what users like and dislike, racing features, payments and licence details.

Smarkets app icon

SmarketsBetting exchange app
iPhone4.8out of 5
Android2.8out of 5
Ratings checked 1 November 2026
Smarkets app icon

Smarkets at a glance: Smarkets is a betting exchange with a flat 2% commission, less than half Betfair’s standard rate. Its iPhone app is rated 4.8/5, but its Android app scores only 2.8/5. Liquidity is strong on major UK races but thinner on smaller ones.

Smarkets exchange app ratings

iPhone – App Store
4.8 / 5
4.6K ratings · source
Android – Google Play
2.8 / 5
382 reviews · source

Ratings checked 1 November 2026. Scores change over time, so follow the source links for the latest figures. How we rate apps.

Why the scores differ: iPhone users rate the app highly, while Android users and Trustpilot reviewers are less positive, mostly about customer service and account checks.

What users say about Smarkets

What users like

  • Low 2% commission on net winnings.
  • Highly rated iPhone app: 4.8/5.
  • One-click Trade Out to lock in a profit or cut a loss.
  • Good liquidity on big UK races.

What users complain about

  • Customer service: reports of slow or unhelpful replies from support.
  • ID and affordability checks: frustration over document requests and account checks.
  • Withdrawals: some users report slow or delayed payouts.
  • Weaker Android app: 2.8/5 on Google Play.

Summary based on a sample of the most recent Trustpilot reviews and App Store and Google Play ratings, checked October 2026. It reflects what reviewers say, not our own testing.

Exchange and racing features

Commission 2% flat on net winnings
Racing liquidity Strong on major UK races, thinner on smaller meetings
Cash out Yes, one-click Trade Out

Deposits and withdrawals

Deposit methods Debit card, instant bank transfer, Trustly, Skrill, Neteller, PayPal (£25+)
Withdrawal times Instant bank transfer about 12 hours; e-wallets 1–2 working days; debit cards up to 6 working days
Credit cards Not accepted (banned for UK gambling since April 2020)

New customer offer

Smarkets’ current welcome offer is 0% commission for 60 days (code COMMFREE) with a first deposit of £10 or more by debit card or instant banking. 18+. New customers only. T&Cs apply. Checked 1 November 2026, so always check the latest terms on Smarkets’s site.

Licence and safer gambling

Smarkets is operated by Smarkets (Malta) Limited, licensed by the UK Gambling Commission (account number 39173). You can check this on the Gambling Commission public register. UK-licensed operators must offer deposit limits, time-outs and self-exclusion, and take part in GAMSTOP.

Related guides

Smarkets FAQs

Is the Smarkets app any good?

Smarkets is a betting exchange with a flat 2% commission, less than half Betfair’s standard rate. Its iPhone app is rated 4.8/5, but its Android app scores only 2.8/5. Liquidity is strong on major UK races but thinner on smaller ones.

What commission does Smarkets charge?

2% flat on net winnings.

Is Smarkets licensed in the UK?

Yes. Smarkets is operated by Smarkets (Malta) Limited, licensed by the UK Gambling Commission under account number 39173.

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