www.smarkets.com

Hi guys,


Anyone used this exchange before or currently using?
It seems similar to betfair and wbx.

Also anyone know how to legally (if at possible) go about using these exchanges?

thanks

Never heard of it

and laws or leaglities have not changed

Thanks bob. Hopefully the ball can roll fast enough to legalise online betting.

Check out this link from the ggb website. It makes reference to online gambling (interactive games) only. Theres no mention about sports betting / horse racing.
Very ambiguous

www.ggb.org.za/index.php?option=com_cont...-2&catid=3:newsflash

I have checked out the website www.smarkets.com

Looks and operates the same as betfair....its just legislation thats in the way :whistle:

The exchanges and oversees bookiess will also block you eventually when they find out your playing from a restricted region

They're not worth bothering with anyway. Very poor liquidity and they often used to have horribly unmanaged markets on big Football matches, which they didn't make obvious. So, you could be left with a big liability on a unmatched bet, that gets matched after a goal goes in.

Asking for further investment too from what I read, still don't seem to be out of the start-up phase after a few years, which is a worry (been in the same situation myself)