Sportingbet Deposit Bonus Code – All Terms Explained
Sportingbet was launched by English entrepreneur Mark Blandford in 1998 and became part of GVC Holdings multinational sports betting and gaming group in 2013. GVC operates some of the top brands in the sector including bwin and Foxy Bingo with licences in 14 countries where it has more than 2,500 employees and contractors. GVC shares are traded on the London Stock Exchange and deals with about 3.5 billion of sports wagers a year.
Sportingbet has more than 700,000 active customers. Every single day, there are more than 8,000 different betting opportunities on 30 different sports. There's also live betting, particularly for football and tennis, as well as stacks of statistical information to help you place a better bet and information on how to place a bet and betting terms.
The website is easy to follow and you'll find plenty of ways to gamble with more than 100 different bets on offer for many football matches. You can also have a dabble in the casino, live casino or games such as slots and scratchcards. Even when you're out and about, you can still access Sportingbet on your mobile with a touch ID login, dedicated in-play section, quick bet feature and video streaming among its impressive features from your Apple or Android smartphones.
About the Sportingbet Sign Up Bonus
Sportingbet sign up bonus is a welcome offer of a maximum amount of £50 for new customers in the UK and Republic of Ireland. You can sign up on your desktop, mobile or tablet to qualify. Many sportsbooks have terms and conditions for how to qualify for a bet, such as minimum odds or you have to place a bet to get the bonus but Sportingbet have made it more interesting as the bonus is split into three parts.
Unless you are a regular bettor, the chances are you may only qualify for the first bonus of £10 which is still a nice welcome gesture to have a free bet to play with. You have 14 days from registering to qualify for all three parts of the bonus. Qualifying bets must be used on wagers of cumulative odds of at least 1/2 (1.5) so you'll need to take care that your bets will count towards all three steps of the Sportingbet deposit bonus. Now with the Sportingbet Deposit Bonus explained in brief, we can look at it in more detail.
Sportingbet bonus overview:
- Up to £50 risk-free bet.
- Minimum first bet of at least £10.
- Bonus is divided in three parts.
- Bettors have 14 days from registration to qualify for all three parts.
- Bets must be placed on odds of 1/2 (1.5) or more.
- Bonus funds have to be rolled over three times before being withdrawn.
- Offer available to new UK and Republic of Ireland customers only.
Promo code & Sportingbet Deposit Bonus Terms explained
In principle the Sportingbet sign up bonus looks straightforward and you don't need a Sportingbet Bonus Code to apply. Join up, place an initial bet of at least £10 and get a £10 bonus. Keep playing and after the fifth bet receive another £20 bonus. Once you have placed your 10th bet, you will be rewarded with the final £20 bonus, which is £50 in total. However, reading the Sportingbet bonus terms and conditions to have the Sportingbet Deposit Bonus Terms explained in more detail shows it is not as simple as it first appears.
To qualify all bets must be made at odds of at least 1/2 (1.5) within 14 days of registering. Players who gamble regularly may not have a problem with this but if you bet less frequently, you may only qualify for the initial £10. Although this is not one of the best free bets offers available in 2016, Sportingbet is still a great bookie to sign up to because of its reputation and vast number of bets on offer daily. Read our Sportingbet Review for more information.
The Sportingbet opening offer starts off simply enough as you make a deposit, bet at least £10 at cumulative odds of 1/2 (1.5) or more. However, then it gets more complicated. To qualify for the second bonus your first five bets need to be at least £10 each and, again at odds of 1/2 or more and the bonus will be equal to the average stake. So, if you make 5 x £20, your bonus will be £20. If you qualify for the first two bonuses, you then qualify for the third with the bonus equalling the average stake on your first 10 bets, so if you made 10 x £20, you will get another £20 bonus.
The minimum bet for all qualifying stakes is £10. The bonus funds will be in your account within 48 hours of the first bet being settled and then also within 48 hours of the fifth and 10th bets being settled. The bonuses are valid for 14 days after being issued and then will be removed. Deposits via Moneybookers/Skrill, Ukash, Neteller and PayPal are also excluded from this Sportingbet sign up offer and bets subject to successful cash out don't qualify for the bonus.
This sportsbook also offers promotions for existing customers such as a football acca insurance for when you place a five-fold or more accumulator in football and one selection lets you down, Sportingbet will return your stake up to £25 as a free bet. A similar proposition is available with its tennis acca insurance if one player lets you down in a five-fold or more accumulator. Selected bets can also be eligible for Cash Out so you can take a profit or minimise losses if you think the bet will not result in a win for you. No Sportingbet bonus codes required.
Sportingbet Bonus conditions
1. Name: £50 Sports Welcome Offer
2. Bonus type: New customer bonus for first deposit
3. Maximum bonus amount: £50
4. Able to be cashed out: Yes
5. Betting requirement: Bonus is in three parts so 10 bets are needed to qualify for all three
6. Minimum odds: 1/2 (1.5)
7. Bonus code: No Sportingbet bonus code required
The review of the Sportingbet bonus
Whilst we like the idea of racking up £50 in free bets, other online bookmakers make it easier to get hold of the free cash. The good news is that you don't need to remember a Sportingbet Bonus Code because there isn't one. With Sportingbet there are some hurdles that the bettor has to overcome in order to reach the sign up bonus criteria. It is split into three parts so you may find you only qualify for one or two: you need to make 10 bets and the odds must be 1/2 (1.5) or higher.
Regular gamblers will not have a problem with this but part-time bettors or those who play infrequently may prefer the promotions on offer at some of the other best online bookmakers. It always pays to shop around to find the sports betting bonus which suits your style of play. Also, you would need to spend £200 in 10 bets over a short space of time to qualify for the full £50 whereas some of the other best free bets websites will match your bets.
Obviously, if you are going to add Sportingbet to your portfolio of regular bookies, then it is worth signing up for the free bet bonus. You know you are joining a reputable company as it is part of GVC, which also owns bwin. There's an impressive selection of bets on offer on a wide range of sports or you can hang out at the online casino, try the slots or play scratch cards. On top of all this, the online bookmaker has a detailed bank of statistics to help you to make an informed bet as well as guidance on how to place your bet for new players. That is why we are happy to recommend Sportingbet in this sports betting bonus review.
5 expert tips for the Sportingbet bonus
1. Find more free bets
Join other bookies with free bets to cover all three possible outcomes of a football match. Each bookmaker has its own identity with different features so if you gamble fairly regularly it is worth signing up with more than one. Some have great live streaming of sports while others have blogs and tips to help you gamble successfully. You could find three sportsbooks with free bets and use them to match bet so you will win money. If your sport is football, you could bet on a team you believe will win with your own money but then offset this wager by also using your free bets on a draw or defeat.
Obviously, the biggest wager will be on the most likely outcome but you'll need to do the maths to make sure your stake is covered should there be a surprise in store. Looking at betting odds comparison reviews will make sure you are heading to the bookies offering the most advantageous odds for you. If you're betting in-play, we would recommend downloading the betting apps so you never miss out on any updates.
2. Go each way
Narrow your chances of losing by putting your own money on what you think is the best outcome and then free bet on the game going the other way. These first two betting strategies mean that you are covering your back as unfortunately sport is not an exact science and many sides have a ‘bogey team' who shouldn't beat them but usually do. Let's take Manchester United as an example. They are at home to Chelsea and should win but the Blues have taken more points off them than any other side in the Premier League. So you can keep the faith to back a Utd win but then also look at the odds for the home side being in front at half-time and/or conceding at full-time. This side bet is where the free money should go.
3. Read the small print
Make sure you understand the markets and exactly what you are backing. This may seem obvious but it is easy to come unstuck with bets, which is why we would recommend reading the bookmakers' guides and making sure you are familiar with the terminology. As an example, you may want to place a bet on the half time and full time results but there is a difference between placing a half time/full time bet and a team to win both halves. A HT/FT bet simply means your side must be winning at half time and then go on to win the match. But if you back a team to win both halves, they must score more goals than their opponents in both halves. So if they are 2-1 up at half time and then win the match 2-1, the second half score would have been 0-0 and so you lose your bet – they did not win the second half, they only drew it.
4. Experiment with your bets
Try something new, such as Asian handicap or Over/Under goals but stick to a sport you are familiar with. After a while, it may be time to step out of your comfort zone to try a different kind of wager. For football bettors, Asian handicap is a good choice because it eliminates the draw or you can bet Under/Over on the number of goals. This is a good choice if you are 99% sure the game is going to be high or low scoring. For example, you can bet on Over 2.5 goals to be scored so you win if three or more are scored while for Under 2.5 goals, you win if two goals or less are scored.
5. Less is better
The fewer selections, the better your chances. A 20-plus accumulator will offer incredible odds for your money but that's because the chances of pulling it off are extremely slim. Accumulators are tempting but think small, not big. You have more chance of a win if you stick to between three and five matches. The good news with Sportingbet is that they have a promotional acca insurance for tennis and football which returns your stake if one side or player lets you down.