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Why do Smarkets charge commission?

Commission is the fee Smarkets charges to facilitate peer-to-peer betting on our exchange.

We charge a flat commission rate of 2% on your net winnings for any given market. If you make a net loss on a market, you do not pay commission.

The 2% charged is an industry low. Smarkets do not build a margin into their odds, unlike other bookmakers. Therefore, even when factoring commission into the odds, Smarkets will often be best priced across the market.


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Trade sports, politics and current affairs with an industry-low 2% flat commission. All new customers get a £10 welcome bonus.

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