Software Engineer Graduates 2020, Smarkets
Peer-to-peer trading on sporting and political events
Job no longer available
Peer-to-peer trading on sporting and political events
101-200 employees
Job no longer available
101-200 employees
Company mission
Smarkets is a peer-to-peer exchange platform for betting and trading on sport and politics.
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Company mission
Smarkets is a peer-to-peer exchange platform for betting and trading on sport and politics.
Our take
Betfair has been the predominant exchange for betting over the last decade. However, Smarkets is catching up with their peer-to- peer book and trades.
It offers a much lower commission than Betfair (2% vs 5%). They have also recently launched both Android and Apple apps, tapping into the trend for mobile betting. Smarkets uniqueness is in its tech-heavy focus on the product and prices.
While Smarkets accounts for about 5% of the UK betting market, it has never endorsed bold advertising campaigns preferred by most of its competitors. However, they have seen continued year-on-year growth for the past few years.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Holidays increase with years of service
- 25 days holiday (excl. bank holidays)
- Work from home opportunities
- Private medial insurance
Funding (2 rounds)
Feb 2013
$2.3m
SERIES A
May 2011
$1m
EARLY VC
Total funding: $3.3m
This company has top investors
Leadership
Jason Trost
(CEO)Started his career in finance, including at UBS. Studied Computer Science at Northwestern University