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Payment Methods

Smarkets offers a variety of payment methods with which you can deposit to and withdraw from the site.

Some payment methods are more expensive than others to offer. We charge no fees for Visa debit cards, Euro bank transfers within Europe, and UK Maestro cards, but we may charge fees to cover the costs of offering other methods.

For instant and free deposits and unlimited withdrawals we strongly recommend using a Visa debit card if possible.

We will endeavour to process your withdrawal as quickly as possible during business hours Monday to Friday, after which there may be a delay while it is processed by the banks or payment providers. The times in the table below are an estimate of how long funds will take to be returned to you by each method.

Card type Deposit Withdraw
Fee Time Limits Fee Time Limits
Visa Debit Card Visa Debit Free Instant £/€/$10 minimum Free 1-6 business days None
Solo / MaestroCard Maestro Free Instant £/€/$10 minimum Free 1-6 business days Amt of deposit
Visa Credit Card Visa 2.5% Instant £/€/$10 minimum Free 1-6 business days None
MasterCard / Eurocard Mastercard 2.5% Instant £/€/$10 minimum Free 1-6 business days Amt of deposit
Neteller Neteller Free Instant £/€20 or $40 minimum
£/€/$5000 daily max
Free 1-2 business days None
Skrill Skrill Free Instant £/€/$10 minimum
£/€/$5000 daily max
Free 1-2 business days None
Bank Transfer Bank Transfer Free 3-5 business days £/€/$20 minimum £10/€12 or currency equivalent.
Free for Euro transfers within Europe only.
3-5 business days None

Security

All transactions with Smarkets use Transport Layer Security (TLS) and Secure Socket Layer (SSL). Please see Terms and Conditions for more details about your security.

Smarkets holds your funds separately from business accounts in dedicated ring-fenced accounts for players. We are required by our licence to inform you that the such funds are not insured or protected by guarantee, and in the event of the company's insolvency your funds would not be protected. According to the UK Gambling Commission's customer funds rating categories, this provides a Basic level of protection.