Betting exchange

Smarkets Review

A UK-based exchange known for a simple trading interface, politics coverage and competitive commission.

SM
UK availability
Open
UKGC status
Licensed for Great Britain
Last reviewed
18 September 2026

How Smarkets works

Smarkets is a betting exchange covering football, sports, politics. A UK-based exchange known for a simple trading interface, politics coverage and competitive commission.

Users trade against other users rather than a bookmaker. Available prices depend on the orders in the market, and the platform charges commission under its published terms.

Smarkets is currently accessible to UK users, subject to its terms and any age or identity checks that apply.

Smarkets for UK users

UK Gambling Commission. Check current terms; real-money products are 18+.

Markets and features

  • Football markets
  • Sports markets
  • Politics markets
  • Platform type: Betting exchange
  • Regulatory position: UK Gambling Commission
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