Smarkets introduced SBK, a new mobile-only sports betting platform, in 2019. If you're unfamiliar with Smarkets, they're a betting exchange comparable to Bet365 that has been operating since 2008 and takes a considerably smaller commission than its competitors.
Because they were late to the game, many expected they would struggle to compete with some of the more experienced betting firms, but they quickly disproved those critics.
We investigated their services in-depth to see what they're all about, and then prepared the following review.
Free bets are one of the most appealing features available at any betting site, and the more the merrier when it comes to them.
With their position as one of the industry's newest contenders, SBK realised they would have to make offers to prospective clients that they would not be able to refuse.
SBK offers frequent, consistent free bets in addition to their substantial welcome bonus, which we'll discuss in more detail later. This allows gamers at their site to obtain far more value for their money. SBK provides free bets on a variety of events and markets on a regular basis.
SBK’s welcome offer is a little different to most other welcome offers and it’s a refreshing one to see.
While most online sports betting sites and casinos offer bonus funds to play with, SBK is offering real cashback on your first £20-worth of losses.
The deal is: deposit £20 and get a £20 cash refund on losses.
This offer is available to new customers only that make their first £20 deposit in a single transaction via debit card or Trustly. Within 24 hours of your qualifying wager being settled, you will get a cash refund for up to the first £20 of your losses.
While creating your account and making your qualifying deposit, make sure you follow all of the promotional terms and conditions carefully. The terms and conditions will state minimum bets, minimum odds, excluded payment methods and more.
You must locate the "Deposit" tab and choose a payment method after logging into your account. Then you must enter the amount you intend to deposit and complete the transaction. You'll find all the information you need about deposits below, including available methods, fees, and restrictions.
Withdrawals are done using your account's "Withdrawal" link. You must next choose a withdrawal amount and submit your request for processing. The SBK Sportsbook staff will send you an e-mail or an in-app push notice after they have reviewed your request.
Remember that some withdrawals are only permitted if your bank permits them and that SBK Sportsbook has a "closed-loop" policy, which means you must withdraw your cash using the same method that you used to deposit them. As a result, you won't be able to pick which payment option to use to withdraw your cash.
SBK, like many other leading online and mobile sports betting companies, provides a variety of unique wagers to keep the action going.
If you prefer to bet on football, horse racing, tennis, and other sports, you'll love the unique bets available at SBK, which provide you extra value for your money on wagers that would otherwise only be covered by mediocre odds.
Our favourite feature at SBK is the "Auto-Acca," which allows you to choose a number of choices to wager on and then swipe down to spin, which will make those decisions for you.
For example, I just chose five selections and swiped down, which generated five random picks from a number of markets, including full-time outcomes and first-half under/over 0.5 goals. This 5-fold accumulator had odds of 239/1. Users may add to bet slip, lock in certain choices or re-roll the whole process.
SBK places a high priority on the prevention and treatment of gambling addictions, and they follow a number of protocols to guarantee they're doing their part to assist.
SBK provides deposit restrictions, reality-check times, time-outs, and self-exclusion options to clients who wish to avoid the problems associated with problem gambling, or as a last resort if problems arise.
Live streaming is an advanced feature that is offered by some of the top bookies in the industry. It can either be used simply to enjoy particular sports and matches that cannot be watched elsewhere or to aid in in-play betting.
Unfortunately, SBK does not offer any sports live streaming, however, this certainly doesn’t mean it isn’t something they’re hoping to implement in the future. Let’s not forget how new this bookie is.
To ensure you have all the relevant information you need before creating an account with SBK, here are some of the most frequently asked questions in relation to their business:
SBK is owned by Smarkets, which was founded by Jason Trost and Hunter Morris and is headquartered in London.
SBK specialise in sports betting, so there are a great variety of sports to bet on, including football, horse racing and tennis, as well as news and politics, TV and specials, Olympics and more.
The minimum deposit at SBK completely depends on which payment method you choose to use but varies from £10 to £100. The most popular methods are £10, but PayPal is £20 and Wire Transfer is £100.
Fees and processing times differ, too, but the most popular payment methods like Visa, Mastercard and PayPal are instantaneous and free to use.