Smarkets has made its US debut after soft launching its SBK sportsbook app in partnership with Colorado’s Full House Resorts. The technology group branded its US Colorado debut as a major strategic achievement for the SBK product, less than a year since its sportsbook inception. Last September, Smarkets rolled out its proprietary built SBK sportsbook, a next-generation betting platform which …
Read More »
Donald Trump has gained a marginal lead in the upcoming US presidential election over the presumptive Democratic nominee Joe Biden, according to betting exchange Smarkets. With the Presidential race hotting up, Trump is currently trading at 47%, while Biden is trading at 42%, with $1.9m traded on who will claim the White House. Commenting on US2020, Smarkets Head of Political Markets …
Read More »
Under normal circumstances, April and May should have been key campaign months for the US 2020 Elections (3 November), with the Democratic Party crowning Joe Biden to challenge President Trump. However, US 2020’s script has been flipped by COVID-19 consequences, adding further divisive factors to the campaign trail, as bookies tell SBC to buckle up for this year’s biggest wagering …
Read More »
Smarkets has seen a ‘considerable uptick’ in wagers on political events this March as punters turn their attention to politics following COVID-19’s postponement of the sports calendar. The online betting exchange detailed that it recorded £1.1 million wagers across its political markets, representing a 95% increase on February trading of £580,000. Excluding months leading up to the UK general elections, …
Read More »
A focus on international expansion and how we, as the betting and gaming industry, will get through COVID-19 are the key themes throughout Issue 8 of SBC Magazine. Now available to view HERE, it starts by tracking the journey of Giovanni Garrisi from a mathematician beating the pools to starting a 50/50 JV with Stanley Leisure, seizing an opportunity to …
Read More »
There’s just one day left until the Labour leadership vote is concluded, and betting exchange Smarkets has said that Sir Keir Starmer is ‘effectively guaranteed’ to be the new leader. Starmer, who is currently trading at 99%, has held the lead in the vote since Jeremy Corbyn announced that he would be stepping down. Meanwhile Rebecca Long-Bailey now stands at …
Read More »
As the US gears up for election season, Donald Trump and Joe Biden are currently joint favourites to become the next President of the United States. Both Trump and Biden are currently trading at 46% on Smarkets to win the presidential election, while Biden remains the clear front-runner in the Democratic race with 89% to Bernie Sanders’ 2%. Trump’s handling …
Read More »
As US election candidates continue on their campaign trail across the States, former Vice President Joe Biden has become one of the front-runners in the Democrats leadership race. SBC spoke to Smarkets’ Head of Political Markets Sarbjit Bakhshi, who explained some of the reasons behind Biden’s popularity, and why it could be a very volatile election come November time. SBC: …
Read More »
As the US gears up for election season, betting exchange Smarkets has suggested that Democratic front-runner Joe Biden has a 45% chance of becoming the next US president. Following a key victory in Michigan, Biden has successfully closed the gap with Donald Trump who is now trading at 51% to gain a second term. Currently trading at 93% to become …
Read More »
Winning 10 of 14 states in Super Tuesday’s DNC Primary sees former US Vice President Joe Biden achieve a remarkable campaign turnaround. Updating all US 2020 markets, betting exchange Smarkets has priced Biden as current market leader (1.17), giving Uncle Joe an 85% chance of winning the DNC ticket. A Biden comeback proved to be yet another ‘Super Tuesday surprise’, …
Read More »
SBC News Voice of the Sports Betting Industry