![]() Unfortunately, because of the Wire Act in the United States, Smarkets cannot bring its betting exchange across the pond. The system needs to be able to handle thousands of trades per second as bettors get their target lines and fire away. This is arguably the most advanced sportsbook technology in the world because it has to be. Smarkets has handled over 15 billion pounds worth of trading. You bet against other users trading prices back and forth and Smarkets takes a commission on each bet placed. Peer-to-peer trading of “commodities” takes place at Smarkets as opposed to placing your bets against the sportsbook. ![]() Smarkets is unlike anything else that we have in the United States. Smarkets launched in August 2009 with a private, invitation-only version before opening fully to the public in February 2010. ![]() If you haven’t heard about Smarkets or Prophet Exchange, get ready to be blown away.
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