Smarkets Lay Multiples Customization
Smarkets enables you to combine multiple selections from sports events into a single bet which can be either “buy” or “sell” so that you can build your own custom-made Acca and lay them as one bet.
When you lay multiples, especially for matched betting, you have had 2 options with specific problems as below;
- Sequential Lay Betting: You lay separate games one after another (see how to lay off acca). It’s restrictive because your selected events cannot overlap and it’s a time-consuming process.
- Pre-built Accumulator markets: These are available in Betfair (suggest use of Betfair Alternatives) (see how to use Betfair (suggest use of Betfair Alternatives) Lay for Sky Bet Soccer Saturday boost) & Matchbook Enhanced Specials. However, your multiple selections are limited only to available pre-made selections and such pre-made lay bets are often only the enhanced footy multiples offered by bookmakers.
With Smarkets custom lay function, you can choose individual games that can be played at the same time, add them to a slip, and lay them in one go as one bet.
You can complete matched betting for any bookies offers that require a multiple is much easier.
BTW, in case you are new to Lay Multiple Bets / Lay Acca, take a look at How To Lay Off Multiple Bet & Accumulators – Step By Step Guide For Newbies.
How Smarkets Custom Lay Multiple Works
I’ll walk you through an example of how it can be done. Let’s use the Novibet Acca Offer;
Novibet 4 Selection
You can select whatever sports event you like, the games can be played at the same time. Assuming you select the 4 events as below;
Smarkets Multiple Lay Selection
The steps are;
- 1st Step – Add your selections to a betslip: For each selection, click on the BACK/FOR (green color) option. Don’t click the lay box (blue color).
Lay Stake & Profits Calculation
The amount stated in the Price box represents the lay odds for our single accumulator bet. These are the lay odds you can use in a free matched betting calculator, you will get the required lay stake amount and final profits as below;
You should be aware that given the Smarkets commission accumulated in multiple bets, the lay odds are usually not good but you may find the whole benefits of this DIY lay multiple can overcome such issue.
Note: Match Cancelation
Remember that if any match is canceled, bookies like the above Novibet & Sky Bet reduce the legs of the acca. Smarkets will remain open just with lower odds, which means your hedge continues. However, Matchbook and Betfair (suggest use of Betfair Alternatives) will void their pre-built accumulator, so your matched betting will be no longer risk-free.
Smarkets Custom Multiple Lay Tips
What You Can’t Do with Smarkets Multiple Lay
The below is a list of restrictions;
- Can’t have more than 10 selections in a multiple.
- No same-game multi means each leg (or selection) must be on a completely separate event, game, or race (e.g. can’t Chelsea to win and Over 3.5 goals – it’s just one or the other).
- Can’t include selections from ante-post horse racing markets.
- Can’t place a bet if any selections have liquidity NOT available. Check if a red warning box pops or not in a betslip if not, it’s ok to go. If it does then you can only use the maximum lay stake allowed and need to adjust your back bet amount at the bookie accordingly.
- Can’t include selections from long-running or outright markets (e.g. Team to win the Premier League whole season).
- The lay odds for the single accumulator lay bet cannot be edited.
Lay Multiples Relevant Guides
You may want to check the following relevant guides;
- Ongoing Bookmakers’ Acca: 2021 Best Acca Insurance Offers List & How To Lock-In Profits
- Alternative Lay Multiples on Overlapping Games: Lay All Accumulator Guarantee Profits Spreadsheet
- The Ultimate Method To Exploit Bookies’ Lay Impossible Offers: No Lay Matched Betting
Smarkets Sign-Up Offer
In case you have not had a Smarkets account, we share how to get its welcome offer and guarantee profits from it by using the matched betting method. The “” icon underneath displays the full process; ;
Just follow the below process, which takes less than 10 minutes to complete;
Update & Confirm T&C (Terms & Conditions)
- Firstly, Go To Smarkets Welcome Offer Page and see the latest offer. Currently, you can choose either 0% Commission for 60 days or a £20 Cash Refund Sign-Up Promotion (or if you’re lucky you may find a better offer they periodically run via that link)
- Read welcome bonus T&C. I know it’s boring stuff but never try to save time by skipping it to avoid any unpleasant future surprise;
Simple Sign-Up By Filling Information
- After reading the T&C, click the “Claim Bonus” button;
- Fill in the required information related to Account, Personal Information, and Never Forget to enter Promotion Code, namely 0% Commission for 60 days (code COMMFREE) or £20 Cash Refund (code SMK20) & Deposit;
A Few Key Points
- For the deposit method, Skrill & Neteller deposits are not eligible for the £20 Cash Refund.
- You need to deposit at least £10 in a single amount to qualify for the £20 Cash Refund.
- You need to spend the full £20 Cash Refund within 7 days after you get credited, otherwise, any unused cash refund balance will be removed.
- Account Verification. You will receive the below e-mail to verify your account. Suggest you do it as quickly as possible to prevent any future transaction delay;
Click To Enlarge
- That’s it. You’re now ready to place lay bets to construct matched betting once you sign-up the bookmakers.
- If you are not familiar with how to start matched betting, see how to place a qualifying bet.
How To Extract Cash From The Offer?
As said, the Smarkets signup offer is probably the easiest one. Because you don’t have to do anything. Smarkets will refund your first £20 loss. Yes, even if you win thousands of £ before you lose £20, Smarkets will refund your first £10 loss.
So, just keep doing the matched betting, and whenever you lose £20 for the first time in Smarkets, you will be refunded, and as you’re aware it’s your profit. But beware that the Cash refund will expire in 7 days, therefore make sure you use up all the refund within 7 days.
Some Good News
- Very simple, isn’t it? Smarkets & all other bet exchanges I list in the betting exchange guide are fully licensed & regulated by the UK gambling commission. And they all register in IBAS – Independent Betting Adjudication Service, thus you can let IBAS resolve when you face any problem with them.
- Remember, any income from matched betting is Tax-Free in the UK / Ireland even if you are treated as a professional gambler, which means you make living in gambling with the gambling profits as your main income source – see further in the Tax section in this report.
SMarkets 0% Commission
Apart from the above offer, there is a way to get Smarkets’ 0% commission offer, which can improve your Matched Betting profits.
How? You can use the matched betting paid subscription package. You will see the details in 3 Best Matched Betting Software Comparisons.
You may hesitate to go for the Paid subscription but even a 1-2 month Smarkets 0% deal will enable most matched bettors to cover the nearly full-year subscription cost, see the rationale in the above guide.
Hope this info will help you improve your matched betting profits.
Good Luck (Luck is what happens when preparation meets opportunity – Seneca)!!
Joshua Walker (bio)
Editor – Global Extra Money (GEM)
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