Cricket Australia has accepted an apology from Sportsbet after the betting agency wrongfully offered Steve Smith-related markets in Sydney Premier Cricket, promoting an urgent email from the Sydney Cricket Association to all clubs this week warning players they could face bans for bringing the game into disrepute if they had a punt.

Last week Sportsbet opened up three markets ahead of Smith’s return to club cricket, his first appearance on Australian soil since the ball-tampering drama, for Sutherland against Mosman at Glenn McGrath Oval.

He's back: Steve Smith runs between wickets for Sutherland against Mosman at Glenn McGrath Oval. Credit:AAP

There were options to bet on Smith to make a half-century, a century, or take a wicket. The former Australian captain made 85 runs and took one wicket.

As soon as the markets opened, there was plenty of verbal interest from grade cricketers all over Sydney, however Fairfax Media is not aware of any instances of players betting on Smith.