PredictionToolkit
What is Smarkets?
Browse live matches, upcoming fixtures, horse racing, politics and selected broader event questions in Smarkets’ exchange interface. Search and categories lead to the available outcomes; compare prices and size and read each market’s settlement conditions. Profit Hub provides a performance-oriented workspace, and separate API documentation supports developer integration.
The commission base matters as much as the rate. Standard charges net profit per market, while qualifying Pro and Select accounts use a per-settled-bet basis that can charge losses as well as profits. Check account statistics and the applicable tier rather than applying Standard to high activity. Location determines the products available to an account, and a public page without an executable quote is not an offer at a zero price.
Who it is for
- People comparing sports exchange prices.
- Traders investigating political-event contracts.
- Developers preparing an exchange integration.
Markets and platform rules
- Live events
Find matches currently in progress.
- Upcoming fixtures
Browse events by competition and start time.
- Political outcomes
Research elections and other public-event questions.
- Outcome lists
Compare the contracts available within an event.
- Search and categories
Narrow the catalog to the relevant sport or topic.
- Exchange trading
Use the buy/sell workflow available to the account.
- Profit Hub
Open the site’s performance-oriented workspace.
- Developer resources
Read the separate API integration documentation.
Market participation workflows
Compare an event
Match the competition, participants and settlement rule before comparing prices with another venue.
Calculate the applicable net value
Check the account tier first. Under Standard, apply commission to net market winnings; Pro and Select use the distinct per-bet basis described in pricing.
Monitor an in-play market
Track suspensions and available liquidity as the event develops.
Pricing and total cost
Check the account statistics page to identify the applicable commission tier. Standard takes 2% of net profit in a market. Qualifying activity above 1,500 bets or £1,000,000 staked in a calendar month brings Pro's 1% charge per settled matched bet. Accounts above £25,000 net profit in the previous 12 calendar months face Select's 3% on the same per-bet basis. For Pro and Select, that basis is the bet's profit on a win or its loss on a loss, rather than netting the market.
Access and participation
- Find an event through search or categories.
- Read its market-specific settlement rules.
- Complete account and location eligibility requirements.
- Check the commission tier for the account.
- Inspect available prices and size.
- Track working orders and final market-level results.
Account location determines which Smarkets products are available.
Useful links
What to check
- Available products depend on account location.
- A missing executable quote is not a tradable zero price.
- High-activity tiers have a different fee basis from Standard.
- In-play availability and settlement treatment vary by event.
A closer look
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Frequently asked questions about Smarkets
What is Standard commission?
2% of net market profit.
Does Smarkets cover politics as well as sports?
Yes. The exchange includes political questions alongside sports.
Does Standard charge every losing stake?
Its stated base is net winnings per market, not every losing stake. Pro and Select use a separate per-bet basis.
Are API resources available?
Yes. The site links to separate developer documentation.