{"id":6706,"date":"2019-08-30T15:49:37","date_gmt":"2019-08-30T15:49:37","guid":{"rendered":"http:\/\/www.beatingbetting.co.uk\/?p=6706"},"modified":"2019-10-18T15:05:43","modified_gmt":"2019-10-18T15:05:43","slug":"how-to-use-smarkets","status":"publish","type":"post","link":"https:\/\/www.beatingbetting.co.uk\/basics\/how-to-use-smarkets\/","title":{"rendered":"How to Use Smarkets: Everything You Need to Know"},"content":{"rendered":"\n

Betfair Exchange<\/a> is not the only betting exchange out there. Smarkets offer a similar service, but there are a few key differences that we will go over in the following Smarkets guide.<\/p>\n\n\n\n

We’ll help get you started backing and laying on their exchange, teaching you exactly how to use Smarkets, and we’ll also go over some of the technical details involved in using the website. <\/p>\n\n\n\n\n\n\n\n

Smarkets Exchange Explained<\/strong><\/h3>\n\n\n\n
\"\"<\/figure>\n\n\n\n

Just like Betfair Exchange, Smarkets is also not the same<\/em> as a traditional bookmaker.<\/p>\n\n\n\n

On Smarkets Exchange, users of the website place bets against each other, and the exchange takes a percentage commission on any winning bets.<\/p>\n\n\n\n

This gives us the ability to place lay bets<\/a> where we bet against <\/em>a certain outcome of an event. This is an integral part of our matched betting method<\/a>. We will explain this later on in this tutorial.<\/p>\n\n\n