Smarkets - anyone had any dealings with them?

Trevrizent

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Joined
May 21, 2013
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552
Just curious really. Their odds on horse racing are often a shade better than Betdaq (liquidity is a fair bit lower, however). Their BMR rating is only 2.5 (they were downgraded from 3- at the end of 2012). Has anyone tried them and, if so, what are your experiences of them?
 

didobuh

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Jun 4, 2013
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1
They don`t like big winners (they have closed winning accounts)- other than that no major issues. Beware of the deposit fees.
 

Trevrizent

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May 21, 2013
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552
Thanks, Didobuh. I noticed that they charge for all deposits except via debit card and bank transfer, which I found a bit off-putting. Doesn't strike me as the most sensible approach for a company looking to grow their business either.
 
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