SponsioBet’s sportsbook is one of the most diverse on the market and the SportsioBet bonus code is a great way of getting acquainted with the platform as it effectively gives you additional funds to explore some of the different betting options available. However, as with any promotional offer, there are a few terms and conditions you need to be aware of. There are also a few steps you can take and pitfalls to avoid, to ensure you really get the most out of the offer.
Bonus Code *****
T&Cs apply, 18+
As we have already discussed, the first thing you need to do to claim the bonus is to first register a new account. If you have an existing SponsioBet bonus code, then you’ll see the option to enter it at the point of sign-up. Otherwise, the bonus will be added automatically when you place your first SponsioBet deposit. This needs to be a minimum of £10 to claim the offer. Users should be advised that deposits made with Skrill are not eligible for the sign-up promotion.
The initial SponsioBet sign-up bonus code offers new users to claim £10 in bonus funds to bet on the platform’s sportsbook. This offer is available for new users, so you’ll only be able to take advantage of it if you haven’t used the platform before. If you’re interested in signing up, the good news is that you don’t actually need any kind of SponsioBet voucher to claim the special offer, you can opt-in directly at the point of making your first deposit. However, if you do have an existing SponsioBet bonus code, you’ll see the option to enter it in the account sign-up form.
A deposit is required to qualify for this bonus, so once you have completed the sign-up process you’ll need to add funds to your e-wallet before the bonus bets can be made. The qualifying deposit is £10 and you can use a variety of payment methods – but users should be aware that deposits made by Skrill are not eligible for the bonus. You should also be aware that, if you are using an existing SponsioBet promo code then it is unlikely you will also be able to claim the sign-up offer. As such, it’s advisable to check the small print for both offers.
Once you’ve completed these initial steps, the bonus funds should be available immediately. You will then be able to use these bonus bets across the SponsioBet sportsbook. However, users should be aware that the £10 deposit bonus must be placed as a single stake and bets must have odds of 1.50 or higher.
As with most sports betting bonuses, there are always conditions attached and that goes for the SponsioBet bonus code and sign-up offer. The most important point to note is the minimum wager requirement – this means you need to stake a certain amount of additional funds before you can withdraw any winnings accrued from the bonus. With SponsioBet, this equates to 10 times the total winnings accrued from bonus funds – plus the bonus £10. That means that if you win £10 on your bonus bet, you’ll need to wager a further £200 before you can make withdrawals. The platform gives you a week to complete the requirement before any bonus winnings are forfeited.
If you’re new to sports betting, then things can seem a little confusing at first. What’s more, even seasoned betting fans can find they occasionally make ill-advised decisions – especially where bonus funds are involved. What follows are a few common mistakes that people make when using betting sites. Taking heed of these in advance will hopefully allow you to get the most out of your SponsioBet bonus code.
Don’t be tempted to make risky bets
There’s something about deposit bonuses that can lead people to take riskier bets than they might do otherwise – probably because they are effectively gambling with awarded funds rather than their own money. This is a mistake, however, as sports betting is all about risk and return.
Of course, your bonus bets need to have odds of 1.50 or more, but this doesn’t mean that the bets you make should be punts. Bonus funds or not, there’s no point throwing a bet away on a long shot that’s never going to pay off. Instead, a more cautious approach is advised. You might even consider having a strategy before you get started – which can be especially beneficial when it comes to meeting the minimum wager requirements later on.
As a general rule, it’s always better to be more conservative with betting. Sure, you may not get the big payouts that betting on an outsider or accumulator can yield – but there’s a reason for this. The chances of winning on a long shot are minimal!
Don’t forget to diversify your bets
Betting newbies tend to gravitate towards betting on the winner. These bets are by far the easiest to understand and require little to no knowledge of a sport. The odds are also laid out in a simple way, making them further suitable to the less experienced.
However, sticking to match winners means missing out on the diverse betting options available, which in turn can diminish the potential enjoyment of sports betting. With this in mind, it’s worth checking out other options, such as first goalscorer, the first team to score, or whether an event will go into extra time. Bets like these open up far more options and often give you better odds overall.
Go with what you know
Continuing the theme of avoiding risky bets, one of the best ways to achieve this is by sticking with sports and events that you know. Of course, the odds of a particular bet will let you know how likely you are to see a return, but this isn’t always the case. Bookmakers use a variety of methods to generate odds so sticking to betting on the sports or teams you know well is the only best way of identifying which odds are good deals and which are best avoided.
Knowing your sport is especially relevant when it comes to choosing the first goalscorer or predicting a particular score. For example, if you are a keen Liverpool supporter then you are far more likely to know which players are on form and how your team is likely to fare in a given match. Of course, knowledge can’t guarantee returns, but going with what you know will give you a much better chance of winning bets than just blindly picking those that appear to have favourable odds.
SponsioBet really has put together the complete package, from its sleek user interface to its raft of promotions and special offers. The sign-up bonus is a great way for new users to get involved and our review team found that the terms and conditions surrounding the offer were fair and achievable. We were also impressed to find that there were also numerous, sports-specific bonuses on offer as well. All in all, we would give the sign-up bonus a rating of 80 out of 100 when compared to the offers of rival platforms.
Whilst we were disappointed to find that the platform charges a flat fee for withdrawals, the diverse range of payment options somewhat made up for this. Processing times might be slight on the long side, but again, ultimately this is to better protect users. Bonus funds need to be wagered ten times before they can be withdrawn, which is fairly standard across the industry. SponsioBet gives a week to achieve this, but once conditions have been met you can withdraw any winnings from bonus funds as you normally would.
Of course, there are plenty of other providers out there, but we found SponsioBet’s sign up offer to be a good deal and one that’s certainly worth considering if you are in the market for a new betting platform. Alternatively, if our write-up hasn’t convinced you, feel free to check our Dafabet bonus review or Mobilebet bonus review, to see what other up-and-coming bookmakers are offering by way of bonuses.
£40 For placing a £10 bet
New customers only • Promotion valid until March 16th, 2021 • 18+ • Min deposit of £/€/$10 with promo code CHEL40 • A qualifying bet is a ‘real money’ stake of at least £/€/$10 on Horse racing• Min odds 1.50 • Free Bets credited upon qualifying bet placement and on the 16th March 2021 and expire after 7 days • Free Bet stakes not included in returns • Restrictions apply to withdrawals, payment methods, and countries. Full T&Cs apply