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Smarkets Welcome Bonus & US Promo Code 2024

How to get the latest US Smarkets Sports Betting Promo Code & Sign-up Bonus Offer

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Hey, what’s the Smarkets promo code? Smarkets launched its sportsbook app, SBK, along with some fantastic Smarkets promotions in Colorado. Originally a European/UK firm, Smarkets partnered with Full House Resorts, CO. to gain market access in the US.

SBK is how Smarkets is known in CO as this is the name of its sportsbook app. This mobile-only sportsbook dares to be different with a welcome deal that actually enables you to withdraw your bonus as cash. We’re sure you want to know more, so stick around for some exciting SBK promotions features.

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Last Updated on 04/09/2024
Fact checked by: Mike Goodpaster

Bonus Offer - A handy introduction to offers like Smarkets promotions

Even though Smarkets is one of the most unique online sports betting sites to enter the state of Colorado, the online sportsbook still needs to have captivating Smarkets sign up offers US if it wants to survive in what looks to be a highly competitive sportsbook market. Smarkets wants to make a significant impact on the sports betting industry, and the best way to achieve that is by evaluating other sports betting sites’ activities across America. After all, the Smarkets bonus for US players is the first impression the customer will get of the operator, so it’s the perfect way to make a stellar impression.

Is Smarkets available in your state?

See our table below for information on the availability of Smarkets in your state and to get your state-exclusive promo code so you can start benefiting from their welcome offer today:

How to Use the Bonus - How the SBK bonus really offer works

The SBK sportsbook bonus for new customers is a welcome bonus. It’s not a Smarkets no deposit bonus, but it’s a great deal, and you can easily activate it using the Smarkets sportsbook bonus code.

First, you need to deposit $20, and then you get a $20 risk-free bonus. However, this bonus offer is great for beginner bettors because it doesn’t have complicated wagering requirements and other restrictions. All you need to know is that your bets need to be placed within seven days of the qualifying deposit, you need to be 21 years old or older, and you need to reside in the state of Colorado. Here are the most important details you need to know about this simple and easy-to-understand bet. If you understand these points, you’re good to go!

  • You have to be a new customer
  • Deposit $20 or more in a single deposit, and up to your first $20 of losses will be refunded as real cash!
  • It is a cash risk-free bet offer
  • Smarkets promo code US for Colorado is not required at the moment.
  • The easiest way to make a deposit is via SKRILL, but there are also other options if you don’t have a SKRILL account.

Usually, when it comes to welcome bonuses, especially deposit match bonuses, you will not be able to withdraw the bonus amount — it will stay in your account to be used as betting credits. In addition, you’ll normally only be able to withdraw any winnings you’ve earned from these credits.

However, the SBK sportsbook bonus offers refunds in real cash, which means that they place trust in their customers and that they have more to offer than keeping your money trapped as credits.

Top 5 Expert Tips - Take advantage of Smarkets promotions

Check which betting markets qualify for the Smarkets SBK sportsbook bonus offer.

Before you take a plunge into betting, we recommend you check out the sports that are available to you as part of the welcome deal. That being said, with the Smarkets SBK sportsbook welcome bonus you’ll be spoiled for choice, so you can go through your options on your own time to see what you’d like to do. 

Keep one eye on the calendar

With the Smarkets SBK welcome offer, keeping track of time will be easy, but this is a skill any seasoned sports bettor appreciates the value of — if you lose track of time and the time is up, it’s over. With more complicated promos, marking your calendar and keeping an eye on it is one of the smartest things you can do. 

Stick to what you know

When you get a prime opportunity like the Smarkets SBK sportsbook welcome bonus, you’d naturally want to try some new approaches or tricks that may have more winning potential. However, we want to warn you against this. Pro gamblers know that, when you get a prime opportunity, the winning formula is the one you have the most experience in. So take it from the pros and stick to what you know.

Look out for changes in the T’s and C’s

Although a welcome bonus deal like the one from Smarkets has what appears to be relatively straightforward T&C’s, the operator also has the power to change these terms and conditions. They won’t do this without any notification, but keep an eye out for this as it can affect your overall game plan. For example, you can make sure that you do/don’t need a Smarkets bonus code. 

Be careful of overspending

The prospect of getting a welcome bonus deal is exciting, but make sure that you stick to your budget. Getting yourself in a financial mess over a deal like the Smarkets SBK sportsbook welcome bonus deal is not worth it. 

Frequently Asked Questions - All about SBK CO and the Smarkets bonus code

Can you win actual money on Smarkets SBK mobile sportsbook?

Yes. Just like other sportsbook operators, with Smarkets, you use the SBK app to wager real money, bet on real markets, and make real financial decisions. This means that winning is most definitely on the table but work carefully with your money as, unfortunately, losing is a possibility too. Moreover, Smarkets is a licensed sportsbook operator in the state of Colorado.

What do I do if I experience an issue with the Smarkets bonus code?

If you are still finding your way around the SBK app as a newbie and there is something specific you need to know, you can navigate to the help service center on the app. The help service center is like a comprehensive FAQ section where you’ll find answers to the questions most new and experienced SBK sports bettors ask. To help you find the answer to your issue, the questions are also grouped into categories.

However, if you can’t find the answer in the help center on the app, you do have the option to contact customer support. Smarkets has a dedicated customer support team. For example, if you are experiencing trouble with a withdrawal, and you’ve tried the suggested solutions in the help center, you can contact customer care.

The Smarkets customer support team is available via phone, email, or Twitter. Here’s a pro tip: Twitter is a popular line of communication for SBK sports bettors because it has a high response rate.

There are the contact details for Smarkets’ SBK customer support if the help center doesn’t provide any answers:

email: support@getsbk.com

telephone: 720-213-6164

Twitter: @sbk

What is the SBK welcome bonus?

The welcome offer at SBK differs from the usual $20 risk-free bet. In this case, it’s not limited to the first bet only. Instead, players can lose a total of ten $2 wagers, and the operator will pay it all back in cash. There is no promo code needed to activate this bonus deal

What are the top sports for betting at SBK?

The online sportsbook focuses on the biggest sports for betting in Colorado, which include football, basketball, hockey, baseball, and UFC. SBK also offers sports betting on niche sports like horse racing, which is definitely a plus in many Coloradians’ eyes. What’s more exotic than wagering on a niche sport?

Are Smarkets promotions legit?

You can bet on it. SBK CO is licensed by the Colorado Division of gaming and operates under its regulations. Additionally, the SBK sportsbook app contains security software that protects your information and any transactions you want to make — deposits or withdrawals. You can also keep in mind that the app does use geolocation technology to ensure that its customers are within state lines, and if you’ve not registered at SBK yet, they abide by the CO law, which states that you need to be 21 years or older to legally gamble.

Additional Rewards - More Smarkets promotions

In addition to a competitive welcome bonus offer for new customers, the sportsbook by Smarkets also runs regular promotions to retain their existing customers in Colorado.

This is nothing new, however, as most online and mobile sportsbooks do this. Smarkets’ SBK sportsbook runs promotions that are centered around major sporting events like the Super Bowl and March Madness. They also run more regular promotions, including:

  • Parlay insurance — Returns bets to parlay sports bettors who lose only one leg.
  • Odds boosts — Boosts the odds for certain bets.
  • Comeback protection — Returns bets when a team blows a late lead.

Unfortunately, Smarkets doesn’t have a VIP or loyalty program at present. Many sportsbooks offer this feature as an added bonus to stay with them. Even though the sportsbook has fantastic features to make up for this, like their insane odds and huge betting market, we still hope to see a loyalty program in the future.

Bonus Intro - What do you get?

Smarkets, better known as the SBK sportsbook app in Colorado, offers a unique welcome bonus accessible to beginners and pros. There is no Smarkets bonus code required to activate the bonus — only a deposit into your new SBK account. SBK’s bonus has almost no throttling requirements and works like wager insurance. It’s a great way to start betting as even if you lose, you still get some money back!

Reality Test - Trying out the bonus

As with most sportsbooks, there is a welcome bonus on offer for all new SBK account holders. SBK/Smarkets promotions currently offer a $20 cash refund on losses for all new customers. While this does not seem like a large sum of money compared to other Colorado sportsbook bonuses, delve a little deeper, and you’ll see why this is a fantastic offer:

  • No Smarkets bonus code required
  • Not limited to your first bet: Unlike many sites that offer a risk-free bet applicable to only cover the funds of your initial wager, SBK covers your first $20 losses regardless.
  • No odds requirements: Many sportsbooks require a bet to have specific odds or higher for the offer to be valid. SBK has no odds requirements so you can place bets on all markets and games and still receive the bonus funds.
  • No wagering requirements: Some bonuses come with large playthrough requirements making it difficult to secure the bonus amount, but SBK has no such requirements.

Bonus Withdrawal - Taking out funds is simple

Can be withdrawn as cash: Most sportsbooks offer bonuses in the form of site credits that must be used to place further wagers, whereas SBK offers a cash bonus. This is a rare occurrence as there isn’t likely to be any other sportsbook in the US that is currently doing this. It’s more profitable to keep your deposit money as betting credits in your sportsbook account, you see.

Pitfall - What to avoid when claiming the bonus

No pitfalls that we can think of, except if you were looking for a really flashy bonus. However, flashy is not always the best choice.

Verdict on Bonus - Worth picking up!

Smarkets promotions/SBK extends a refreshingly simple and easy-to-use welcome bonus to its new players, which differs from the more over-the-top ones often found at other sportsbooks. The Smarkets/SBK version of the $20 risk-free bet is not limited to the first wager. Instead, players can lose a total of ten $2 bets and SBK will reimburse them with cash. No wagering requirements, no minimum odds, all markets. Full details on the welcome bonus can be found on-site, and it’s definitely worth taking a look — Smarkets deposit bonus or no Smarkets deposit bonus.

Overall Conclusion - Our verdict on Smarkets promotions

Smarkets’ SBK app is the only sportsbook to currently offer a welcome bonus that is applicable to more than your first wager. Additionally, their odds and pricing beat every other sportsbook on the market, meaning that you, the customer, will be getting larger payouts.

The app allows convenient download, registration, and gambling on the go and has several new and innovative features, including their bet accumulator and tips page. Along with their ingenious idea to offer a welcome bonus that gives back real cash, we are excited about this exciting Colorado sportsbook that offers a lot. We foresee only good things for the future for Smarkets SBK sportsbook.

Smarkets Colorado bonus and the SBK app

ColoradoThe SBK sportsbook from Smarkets launched on 4th June 2020 in Colorado through a partnership with Full House Resorts, owners of Bronco Billy’s Casino in Cripple Creek.

Smarkets has its own sports betting app for CO residents and offers a fantastic Smarkets Colorado bonus, which is a welcome bonus in the form of a $20 risk-free bet not limited to the first wager. No wagering requirements, no minimum odds, and all markets available for play make this a great welcome deal.

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