Smarkets simplifies peer-to-peer trading on sporting and political events.
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About Smarkets Stock
Smarkets is Python and Erlang technology company based in central London. Determined to disrupt one of the oldest industries in the world, the organisation is rethinking the method and model of the betting business. Smarkets proprietary betting exchange, also known as a prediction market, offers significantly better odds than the competition. Traditional sports betting provides unfair margins for bettors, inflating margins by up to 15%. Smarkets offer the industry's lowest margin of between 1-2% in total commission on trades. Smarkets is now one of the largest exchanges in the world, powering billions of pounds (£) in trades every year for over 200,000 customers. At its core, Smarkets is comprised of some of the finest financial and adtech engineers, researchers, scientists, PhDs and marketers. The company embraces a culture of "self-management," a corporate governance model that it credits with helping develop the company into one of the most profitable per capita in Europe.
CEO & Founder
TechCrunch - May, 19 2015With Betfair's pending IPO, Smarkets sees £1m traded on its social 'betting exchange'
TechCrunch - May, 19 2015Smarkets raises second round for launch of social betting service
TechCrunch - May, 19 2015@GeeknRolla: Advice for budding start-ups: funding, staffing and getting noticed
TechCrunch - May, 19 2015Smarkets raises a $1 million funding round led by Passion Capital
TechCrunch - May, 19 2015Passion Capital emerges from White Bear Yard with $60 million fund to seed startups
TechCrunch - May, 12 2015Smarkets raises £100k seed round for 'simple' gambling startup
TechCrunch - Jul, 7 2014Betable secures $3 million to become the Twitter for betting | TechCrunch
TechCrunch - Feb, 21 2013Deutsche Telekom’s T-Venture Takes A Punt On P2P Betting Exchange Smarkets, Leads $2.3M Funding Round
TechCrunch - May, 3 2012One Year On, Passion Capital Proves Its Mettle As A Go-To Seed VC In Europe
TechCrunch - Feb, 26 2010Smarkets launches its social assault on the betting world | TechCrunch
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