Smarkets £100 Offer – Week 3

Smarkets are running a fantastic Winter Premier League promotion, available to ALL customers! Simply risk £10.00 or more on five different Premier League matches to receive £10.00 risk-free the following week. Translated into matched betting terms, this gives us a guaranteed weekly profit of £8.00 and here’s how…

Key terms:

• Offer runs from 00:00 on Tuesday 3rd December 2019 until 23:59 on Monday 10th February 2020.
• Offer is available to ALL new and existing Smarkets users who opt-in here.
• Users who sign up via SBK (Smarkets’ Sportsbook) will not be eligible for this promotion.
• Each week, users must have at least £10.00 of settled exposure on five different English Premier League matches.
• Bets on Premier League outright markets will not count towards this promotion.
• Eligible users will receive their £10.00 risk-free bonus the following week, for a maximum of ten weeks.

Week 3

Week 3 runs from 00:00 on Tuesday 17th December 2019 until 23:59 on Monday 23rd December 2019.

To qualify for our risk-free bonus, we need to have at least £10.00 of ‘settled exposure’ on five different English Premier League matches.

This simply means we need to ‘risk’ £10.00 on each match. We can do this by placing back bets of £10.00 or more or by placing lay bets where our overall liability is £10.00 or more.

If we meet the qualifying criteria, we’ll get what Smarkets call a £10.00 risk-free bonus the following week, which will be credited by 11:59 on Tuesday 24th December 2019.

Any losses from the point of the bonus being credited will be refunded up to the bonus amount.

Qualifying bets

Strategy 1

The easiest way to take advantage of this offer is to use Smarkets on a daily basis for matching your bets. You’ll more than likely place some eligible qualifying bets without even thinking.

Premier League matches are perfect for many football offers, so provided you’re risking £10.00 on each match, it will count towards your weekly quota.

If, for example, you find you’ve only placed qualifying bets across three matches, you can simply place a couple of further back bets to get you up to the requirement.

Strategy 2

If, however, you don’t use your Smarkets account all that often, you can simply place a back bet of £10.00 or more on five different matches and lay them off at another exchange like Betfair or Matchbook.

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You just need to make sure that any further bets on those matches don’t reduce your exposure below the £10.00 mark as it will no longer count as a valid qualifying bet.

So, if you can minimise your qualifying losses on each match, you should lose a total of no more than £1.50 in qualifying for your £10.00 risk-free bonus.

Beware of trading out

One of the main things to be aware of with this offer is that it’s your exposure at settlement that counts towards your qualifying bets.

If you trade out in play and your exposure at the end of the match is less than £10.00, it will no longer count towards qualifying.

Risk-free bonus

Once our qualifying bets have settled, our £10.00 risk-free bonus will be credited by 11:59 on Tuesday 24th December 2019.

Unlike traditional bookmaker bonuses, there is no actual ‘bonus’ to place. Once the bonus has been applied, we simply bet using our own funds and any losses will be refunded up to £10.00.

The best part about the offer is that the bonus never expires. This means we can just continue using our Smarkets account to match our bets and enjoy the refunds.

If, however, you don’t use your Smarkets account all that often, you can simply treat the bonus as a risk-free bet. You can expect to extract £7.50 cash (75%) from your bonus using this method.

So, your profit will very much depend on how often you use your Smarkets account. For active account users though, we should be looking to make a minimum guaranteed profit of £8.00 on Week 3 of this Smarkets offer!