Smarkets Blog

We’re pretty sure this is a industry first: Smarkets now allows you to set your own odds in the format of your choice.

There are very few betting exchanges, and the ones that we know of only allow you to bet with their house format. Betfair, for example, only allows you to use decimals. We’ve now released an update which allows you to trade using either percentages, decimals, American style or fractions.

This has been a big piece of work which involved changes across our entire system. We’ve not only updated the event and list pages, we’ve also updated the betting interface to make betting with each system as simple as possible.

Percentages still has the slider (but a better looking one!), fractions has drop down menus for each value, we’ve created a custom input box for decimal (for users familiar with the Betfair interface) and American has an input box. You can switch between formats with the ‘odds’ link at the top of every page.

Our odds explained page can give you more information on odds formats if you need it. I hope you find the new odds switcher useful. Please get in touch with any feedback.