SBK

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LeTiss
Posts: 5386
Joined: Fri May 08, 2009 6:04 pm

I've been onto Oddschecker today and noticed odds being offered by SBK......who's that I thought?

It turns out it's a Sportsbook by Smarkets

Shame to see another Exchange going down this path
spreadbetting
Posts: 3140
Joined: Sun Jan 31, 2010 8:06 pm

Smarkets have never been a viable exchange, they've done everything they can to maintain an advantage for their few market makers who are probably now pricing and funding the sportsbook side too.
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LeTiss
Posts: 5386
Joined: Fri May 08, 2009 6:04 pm

spreadbetting wrote:
Mon Nov 30, 2020 3:05 pm
Smarkets have never been a viable exchange, they've done everything they can to maintain an advantage for their few market makers who are probably now pricing and funding the sportsbook side too.
I don't think there's any question you're right, because the prices are very similar to their exchange
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Naffman
Posts: 5626
Joined: Sun Aug 11, 2013 5:46 am

I for one find it amazing how Smarkets are still going, regular Saturday punters are using B365, Hills and SkyBet and the exchange guys are using Betfair, if I asked 100 bettors if they knew who Smarkets were I'd guarantee 95%+ wouldn't know.
verance
Posts: 83
Joined: Wed Nov 11, 2020 10:59 am

The in-house market maker (Hanson) are indeed market-making the sportsbook odds.

Worse again, any existing exchange users also have to pay commission on sportsbook bets!
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