Polytoolhub
What is Smarkets?
Smarkets organizes live events, upcoming fixtures and longer-running questions in an exchange interface. Its catalog includes traditional sports, horse racing, politics and selected broader event contracts. The key cost distinction is market-level net-winnings commission rather than a fixed charge on every stake.
Who it is for
- Users comparing sports exchange prices
- Political-event traders
- Developers working with an exchange integration
Features and coverage
- Available on
- Web, API
- Markets & venues
- Smarkets
- Research topics
- Sports exchange, Political event trading
- Live-event navigation
Find currently running matches.
- Upcoming fixtures
Browse events by start time and competition.
- Political questions
Research elections and other public outcomes.
- Market outcome lists
Compare the available contracts within an event.
- Search and categories
Narrow a large catalog to the relevant sport or topic.
- Exchange trading
Use the account’s available buy/sell workflow.
- Profit Hub
Access the site’s performance-oriented workspace.
- API documentation
Read the separate developer integration resources.
Workflows with Smarkets
Compare an event
Match the competition, participant and settlement rule before comparing another venue’s price.
Calculate net value
Apply the account’s commission to net market winnings rather than subtracting a flat percentage from all stakes.
Track an in-play market
Monitor suspension and available liquidity as the event evolves.
Pricing and total cost
Standard charges 2% of net profit per market. Pro charges 1% per settled matched bet, on its profit if it wins or its loss if it loses; it applies to qualifying high activity above 1,500 bets or £1m staked per calendar month. Select uses the same per-bet basis at 3% for accounts above £25,000 net profit over the previous 12 calendar months. The account statistics page tracks these thresholds.
Getting started
Before you start: Account location determines which Smarkets products are available.
- Find an event through search or category navigation.
- Read market-specific settlement rules.
- Complete account and location eligibility.
- Review the account’s commission tier.
- Inspect available prices and size.
- Track working orders and final market-level results.
Useful links
What to check
- Account location determines which Smarkets products are available.
- A public page with no executable quote is not a tradeable zero price.
- High-activity commission tiers should not be modeled as the Standard schedule.
- In-play market availability and settlement treatment vary by event.
A closer look
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Frequently asked questions about Smarkets
What is the Standard commission?
2% of net market profits.
Does it cover politics as well as sports?
Yes.
Is a fee charged on every losing stake under Standard?
The stated base is net winnings per market.
Are developer resources available?
The site links API documentation.