Menu
Sportmarket
Bet Brokers serve a vital role in the lives of both professional and casual sports bettors. It is unimaginable for a gambler to forego using a brokerage service and putting up with the trouble of registering many accounts with different bookies and managing them separately. Bet Brokers always ensure high odds and maximum betting limits, which is another reason for their popularity amongst bettors.
Sportmarket Overview
Sportmarket is a leading name in the betting brokerage industry. It is a professional and dependable sports brokerage platform with a variety of bookies to pick from. It was founded in 2004 and has been working hard since then to actualize the dream of developing a platform that would feature all of the greatest bookies and exchanges. It has been originally based in Malta since its establishment and moved its business to the Isle of Man in October 2019. It is licensed and regulated by the Isle of Man Gambling Supervision Commission with the company number 132465C with their registered office at Burleigh Manor, Peel Road, Douglas, IM1 5EP, Isle of Man. The license was issued under the Online Gambling Regulation Act 2001 on 02/05/2019. The bookmaker partners of Sportmarket are Pinnacle, Betdaq, Penta88, 18Bet, SBOBET, Betfair, BetISN, Matchbook, RedZoneSports.bet, SingBet and 3et.
One of the significant tools of Sportmarket is the Brokerage Service, which is similar to the Skype Betting Service. It also offers a no-void guarantee unless there is a solid reason for the bet to be voided. However, this service only considers large stakes and the minimum bet is 1,000 EUR.
The high minimum deposits, withdrawals, and bet limits make Sportmarket a platform for professional punters rather than occasional bettors. Unlike some other betting brokers, it does not hold positions on bets, which minimizes the risk for bettors that they will run out of money and be unable to pay them.
Another benefit of Sportmarket is that they provide their service for free, since they collect commissions for the bookmakers. There is also no limit to the winners, unlike some other bookmakers who close or limit the winning accounts. The Sportmarket website is user-friendly and it contains plenty of information for the users. However, for betting and other advanced options, bettors have to use the professional tool of Sportmarket, which is called Sportmarket Pro.
Sportmarket PRO Platform
Sportmarket’s immensely popular Sportmarket Pro platform is one of the key advantages of utilizing it. It is a service for serious bettors who desire a more efficient betting experience for their work. It detects the bookmakers with the highest odds and places bets automatically according to them. As a result, your odds of winning in the long run increase, which is quite enticing to serious gamblers. Moreover, odds are updated automatically, and changes in odds are frequently presented faster than on the bookmakers’ own websites, providing customers a major betting opportunity.
This platform is powered by Mollybet, which means it resembles the BetInAsia BLACK platform, which is also run by Mollybet. Users may develop their own products and execute automated programming strategies on the site using MollyBet’s Sports Betting API (Application Programming Interface).
Sportmarket Pro’s website is incredibly clean and easy to use, with a lot of advanced functions. The modern and user-friendly interface is super responsive and ultra-fast, which is the foremost requirement as a slow and lagging interface will create problems while placing bets. After logging in to the Sportmarket pro main page, users who are experienced with the BetInAsia BLACK platform will find a lot of similarities in the sports list, markets and bet placing system, as both of these platforms are powered by Mollybet.
After logging into the Sportmarket Pro platform, users can see a multitude of events from various sports and the markets from different leagues on the left side of the website. The markets automatically move up and down based on the best odds, which is the best feature of this platform. The main page shows some tabs, such as the “Favorites” tab, where selected markets of the users will be shown, “In Running” shows all the matches that are trading live, “Today” shows the selected matches the user set for the specific day, and “Early” shows the list of the matches set for the coming days. A drop-down menu is there in the upper left-column to choose the specific game from the available list of sports. Furthermore, there is a search box with autocomplete function in the main page, which is so useful to search for a particular event or team name. Another cool feature is the Asian view, which can be selected under the Settings menu to watch the page in the Asian view.
When users find a bet to place, they can click on the odds to view the bet details box. After that, all the information about the listed bookies with available odds and maximum limits will be shown. Upon entering the desired stake, it will be automatically spread across different bookmakers and exchanges based on the best odds. Once the liquidity at the bookmakers with the best odds is exhausted, the remainder will be applied to the second-best odds and so on, until either the users’ entire stake gets applied, or the liquidity of the available bookies is exhausted. The bookies or exchanges being used will be highlighted in blue.
Exclusive Cashback Offer Via BestBettingAgents
When signing up to Sportmarket via our links, you are eligible for an exclusive 0.025 % cashback on all your turnover on Sportmarket Pro. In addition, you will get 0.10 % on all your turnover on Singbet. This offer ensures that you will have the absolute best odds available at any time.
Sportmarket is affiliated with ten bookmakers and betting exchanges mentioned below:
- Pinnacle: Pinnacle was launched in 1998 and has since evolved to become one of the largest sports betting companies in the world. Because of its small margin, it offers great odds, which is critical for all professional bettors. It was the first bookmaker to offer odds on drone racing in 2016 and one of the first global bookmakers to offer odds on eSports in 2010. It allows consumers to register private accounts in addition to receiving an aggregated offer on Sportmarket Pro. There is no commission charged by Sportmarket for the bets placed on Pinnacle.
- Betfair: Betfair began its operations in 1999 and has since grown to become the world’s largest sports betting market, featuring every sport, entertainment event, and political event. It claims to have over 4 million customers and 1.1 million active customers. It also claims to have 20% better odds than other traditional bookmakers on average and a weekly turnover of more than 50 million pounds. With Sportmarket Pro’s pooled liquidity and the best odds, Betfair also allows customers to open solo accounts. Unfortunately, people from certain countries, which are BLACKlisted by Betfair, cannot open accounts through Sportmarket Pro either.
- Betdaq: Betdaq is the second-largest betting exchange operator in the world, founded in 2000 and started trading in 2001 with a 7% market share. It offers odds on a wide range of international sporting events and other activities. Its most intriguing feature is that it brings together bettors from all over the world and allows them to compete with each other. It started a dedicated micro site named BetdaqNFL to live-stream video match commentary direct from the USA in October 2012. It also offers standalone accounts like other major betting sites.
- Matchbook: Matchbook is a peer-to-peer betting exchange developed for experienced punters looking to increase the value of their wagering activity. It gives its bettors the best value by delivering high liquidity and low commissions. Furthermore, unlike some other leading bookmakers, it charges as little as 1.25 percent on turnover and does not deduct premium costs from consistent winners.
- SBOBET: SBOBet is a famous Asian bookmaker, founded in 2004. It is licensed by the Philippines for its operations in Asia and licensed by the Isle of Man to operate as an international bookmaker. It is one of the best bookmakers for Asian Handicap betting and has a good in-play betting service as well as live video streaming of some popular games. It is a two-year consecutive winner of the Asian Operator of the Year award, given by eGaming Review Magazine in 2009 and 2010. It is possible to create a personal SBOBet account as well as creating one via Sportmarket Pro.
- 3et: 3et is a bookmaker that caters to professional bettors who always deposit larger stakes. It lets customers gamble limitlessly, with over £20K accessible for single-game betting. Although, they are well-known for football betting, they accept big bets on other sports too. Users can create separate accounts on the website or sign up for aggregated offers from Sportmarket Pro.
- Penta88: Penta88, one of the world’s leading online gambling companies, offers high odds for thousands of football games every week. It provides comprehensive coverage of all major soccer leagues and tournaments. There are betting markets available both before and during the game. This bookmaker, like PS3838, provides separate accounts.
- 18bet: 18bet is an Asian bookmaker established in 2010, which offers competitive high odds and quick bet settlement in comparison to many European bookmakers. It covers the most important football leagues as well as other sporting events. It offers a wide variety of games live-streamed every day in good quality and free of charge. Furthermore, it has a VIP betting feature in which bettors can place a bet much higher than the maximum stake allowed. Users can use their Sportmarket Pro account to automatically accept lesser or greater odds, or they can register a separate account.
- JAbet: JAbet is a sportsbook, introduced in 2015, that was established specifically for tennis betting. It has the most competitive tennis odds among other bookies and allows you to bet on any tennis market on the globe. It is the first sportsbook to offer lay and back betting without any commission.
- RedZone: RedZone is owned and operated by Argyll Entertainment AG, launched in 2017. It is licensed and regulated in Great Britain by the Gambling Commission under account number 45143. The sportsbook is eager to offer the sports popular in the United States to the United Kingdom. As a result, they have a diverse range of markets for American football, basketball, baseball, and ice hockey. It offers new users the chance to pick up a free bet worth up to 5 pounds after registering an account. Due to the bookmakers’ regulations, Sportmarket Pro can’t give access to use this bookmaker to people who are BLACKlisted by RedZone.
- SingBet: SingBet has climbed to the top of its league solely on its own merits by offering a diverse range of football leagues ranging from low to high level, as well as pre-match and in-play events. All of these leagues provide better odds than their rivals. It also broadcasts major football matches live. It should be noted that this bookmaker is notorious for voiding bets due to any improper conduct regarding a certain market or an entire game. Note that, SingBet and Brokerage Services are optional bookmakers and they aren’t activated in users’ accounts by default. To activate these services, users have to contact the support team of Sportmarket Pro.
Sportmarket Pro initially offered bets on football, basketball, ice hockey, American football, baseball, tennis and rugby union. Boxing and MMA were then added in August 2017, due to their immense popularity. Rugby League was added with the new version of Sportmarket Pro launched in December 2019. Shortly after, eSports was added to the list in April 2020 with the betting opportunity on Counter Strike: Global Offensive (CS: GO), League of Legends (LoL), DOTA 2, Starcraft, and Rainbow Six Siege. However, most of the options are offered in the soccer category, which is the biggest category in Sportmarket Pro. Various types of markets are available on this platform, including 1X2, Asian handicap, Over/Under, team totals, corners for full-time or half-time, both teams to score, Double Chance, Correct Score, Odd/Even etc.
Unlike the other leading bookmakers, Sportmarket Pro does not accept multiple currencies. It only accepts the Euro as the default currency and as the currency for sending and receiving funds.
Registration and Account Verification
o register a Sportmarket account, go to the official website of Sportmarket at https://www.sportmarket.com/ and then click on ‘Register’. It will redirect you to the Signup page, where various personal information such as username, password, full names, birthdate, address, postal code, phone, email and finally a security question has to be selected and you have to set the answer for 2-step verification.
After giving all the necessary details, click on the Register button and they will send a link to verify the given email address. Click on the link sent in your mail and you will be redirected to Sportmarket’s’ portal. The Sportmarket account is used for deposits and withdrawals as well as managing personal information. In order to place bets, you have to create another account with Sportmarket Pro.
To open a Sportmarket Pro account, you first have to make an initial deposit. The minimum deposit amount is € 100. You can find the deposit, withdrawal, and transaction details by clicking on the ‘My Account’ button. After making the initial deposit, you can either contact the support team or create the Pro account on your own by clicking on the ‘Create Pro Account’ button.
It is also advised that you complete your KYC registration by providing documents such as a passport, ID, or driving license for id verification; a utility bill, or bank statement for bank verification; and submitting these for approval.
Payment Methods and Commission Charges
To deposit and withdraw money, Sportmarket offers Bank transfer, Skrill, Neteller, EcoPayz, MuchBetter, Credit/Debit card, and Bitcoin (BTC). Sportmarket recommends its users to use the bank transfer method as it is cheap and quick. The currency offered by Sportmarket is only Euro and both the minimum and withdrawal amount are 100 Euro. There is no deposit fee for all of the payment methods. Like other bookmakers, Sportmarket also offers one free withdrawal per month and 2% of the withdrawn amount for additional withdrawals.
There are a certain number of commission charges for the exchanges and some bookmakers, such as 2.3% for Betfair, 1.8% for Matchbook, 1.2% for Betdaq, 1% for both RedZone and JAbet, 0.5% for 3et, and 0.25% for Penta88 and BetISN. However, Matchbook charges commission for both winning and losing bets. It will only charge commission on winning bets if placed through Sportmarket Pro. Moreover, the commission of RedZone, JAbet, 3et, ISN and Penta88 is calculated on total turnover.
These commission charges are industry best, thus making the odds of Sportmarket Pro one of the highest available.
Additional Features and Bonuses
An additional feature of Sportmarket is its mobile application, which allows you to continue betting anywhere and anytime. The website of Sportmarket Pro is not well-optimized for mobile devices. That’s why a mobile application was launched in September 2017. By improving this application in 2020, Sportmarket has outperformed all of its competitors.
When signing up to Sportmarket via our links, you are eligible for an exclusive 0.025 % cashback on all your turnover on Sportmarket Pro. In addition, you will get 0.10 % on all your turnover on Singbet. This offer ensures that you will have the absolute best odds available at any time.
Customer Support
When it comes to customer support, the Sportmarket team is extremely helpful. In the event of a technical problem, you may always contact them using the Feedback option within the Sportmarket PRO betting platform, or by Live chat at www.sportmarket.com or directly via email at support@sportmarket.com.
Notable Restrictions
Customers from the following countries are not permitted to sign up at Sportmarket:
The United States of America, the United Kingdom, France, Spain, Portugal, Serbia, and any other country not available within the Sign-up form.
Like other bet brokers, Sportmarket also doesn’t allow users below 18 years old.
PROS
- Ultra-fast mobile software for bet placement
- Exclusive Sportmarket Cashback available via BestBettingAgents
- Access to 9 bookmakers and 3 betting exchanges with betting on 11 different sports
- A reliable broker who does not accept bet positions
- Quick payouts by bank or Skrill/Neteller/EcoPayz
- Users can post offers on BETDAQ and Betfair through Sportmarket
- Multiple betting opportunities with a single account without any limits
- The best odds on several sports are guaranteed
CONS
- Only accepts EUR as a currency
- Accounts with low turnover or balances might be closed
- The registration process is comparatively difficult and time-consuming
- A large minimum deposit or withdrawal
- Commissions are imposed on bets with REDZONE, JAbet, 3et, ISN, and Penta88 based on total turnover
