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Smarkets Recent FAQs VideoSmarkets Guide: How to pay 0% commission
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If you have sold the multiple and Arsenal, Southampton and Watford win, but Chelsea lose, you will still win the bet as all four teams have not won.
With all multiples, whether buying or selling, Smarkets is the counter-party matching the bet. The price of the multiple is formed from the original odds but not an exact accumulation.
With the Payments API, funds are transferred directly between bank accounts rather than through a separate payment network, which minimises cost and processing times.
Payment authorisation takes place directly with the bank, making the entire process extremely secure, with no need for the user to enter their card or account details.
This also enables Smarkets to lock deposit references, removing the burden of reconciliation. The benefits of the partnership have been two-fold for the team at Smarkets, with users getting instant access to funds to make faster decisions, and Smarkets saving on transaction fees.
Other benefits include:. We love working with TrueLayer. Think that this is a fantastic app. Thanks for your feedback! I will forward this idea to the development team to consider for future updates.
I've added a star to my review as there have been numerous changes since I first rated. The best thing is the landscape mode, this was my number one request so I'm very happy to see it implemented.
I think the developers have made good use of this mode too. This means I now have a new number one request. I'd really like trading to be easier on Smarkets.
I expect liquidity would improve rapidly once that software exists as along with the low commission rate, the ability to trade quickly and automatically would bring the traders flocking from elsewhere.
Thanks for your review! Please note that the landscape mode has now been added in the latest release, is it meeting your expectations?
In an attempt to attract professional traders, Smarkets now positions itself as a site where its customers can apply financial trading principles to the online sports world.
Smarkets develops its exchange software entirely in-house and uses the latest cutting edge technologies in the exchange. One of the intended benefit of the technologies Smarkets uses is financial-exchange-rivaling downtime figures.
Although Smarkets has had downtime issues in the past, at the time of writing, their exchange is running at Smarkets provides in-play markets, and to differentiate itself from its competitors, offers an "Instant Match" feature initially called DangerBall in some markets of this type.