Smarkets are offering 0% commission to both new and existing customers until 31st July 2022.
To get the 0% deal, you just need be a member of one of the selected subscription based matched betting sites, like OddsMonkey.
It’s a worthwhile investment as the commission saved is often worth the subscription fee alone!
How does the offer work?
- The offer runs until 23:59 on 31st July 2022.
- Available to premium OddsMonkey members who opt in.
- Offer cannot be used in conjunction with Skrill, Neteller, Trustly or PayPal deposits.
- Place a bet using the OddsMatcher integration to activate the 0% commission rate.
- Place at least one bet using the integration every 30 days to retain the 0% rate.
- 0% commission will apply to all bets, including those placed directly at Smarkets.
- Not available to users on the Pro Tier (1,500+ bets or stakes of £1m+ per month) or Select Tier (£25,000+ net profit over previous 12 months).
Step 1: Sign up to Smarkets
You’ll need a Smarkets account if you don’t already have one.
Click the banner or button below to complete the straightforward sign up process and claim 0% commission for 60 days or a £20 cash refund on losses.
For more information about Smarkets, please see my Smarkets Guide.
Step 2: Sign up to OddsMonkey
Signing up to OddsMonkey will mean we can opt into the Smarkets 0% commission deal.
On the face of it, £24.99 per month probably seems like quite an outlay, but it’s generally worth it for the commission savings alone.
You’ll also have access to a range of premium tools and features that will help boost your profitability. I’ve mentioned a few of these in my OddsMonkey Review.
As a Matched Betting Blog follower, you can get 50% off your first month of OddsMonkey Premium.
Try OddsMonkey Premium for £12.49 (normally £24.99)
Step 3: Opt in at Smarkets
Now that you’ve got your Smarkets and OddsMonkey accounts set up, you can start setting up your Smarkets 0% commission deal.
First, you need to opt-in at Smarkets by entering your email address here.
Once you’re opted in you should see the following message…
Your email from Smarkets should arrive shortly after, confirming that you’ve successfully opted in.
Step 4: Link your accounts
Now that you’ve opted in to the promotion, you need to link your Smarkets and OddsMonkey accounts.
You’ll find the option to link your Smarkets account towards the bottom of your OddsMonkey dashboard.
Simply click to link your Smarkets account and you’ll see a page that looks like this…
If you’re happy with the permissions, click to approve and you’re good to go!
Step 5: Place an integrated bet
The final step is to place an integrated bet via OddsMonkey’s OddsMatcher tool.
Integrated just means placing a Smarkets bet without having to leave the OddsMatcher, it’s all built in!
Simply find the selection you want to bet on and click the ‘i‘ button…
You’ll see a pop-up window detailing the event and market that you’ve chosen to bet on. You now need to bring up the calculator by clicking ‘Show Calculator‘…
Once you’ve checked that all of the figures are correct, including your bookmaker stake, you can click ‘Lay the bet‘…
And that’s it, you’re now on the Smarkets 0% commission deal!
If you selected the ‘Auto update commission?‘ option within your OddsMonkey Smarkets settings earlier on, the commission on the calculator will show as 2% as you can see above. Once you’ve placed your first bet, it will automatically update to 0%.
How do I extend the 0% offer?
Every time you place an integrated bet, you will extend the 0% offer for 30 days.
If your 0% deal runs out, Smarkets will email to notify you that your account has reverted back to the standard 2% commission rate. That’s not a problem though as you can just place an integrated bet to get back onto the 0% rate.
Using the integration can seem a bit strange at first but it’s actually a handy little feature. It saves time not having to switch between browser tabs and if the odds change, the calculations will update automatically.
It really is a great offer as less commission means bigger profits. You should soon notice a difference to your bottom line.
This offer has been around since 2018 and usually gets renewed for three months at a time. There are no guarantees that it will continue beyond 31st July 2022, but there’s no reason why it shouldn’t.
Sign up and pay 0% commission on your exchange bets