When you’re shopping around for a new bookie to bet with, going with the old, tried-and-tested names is the easiest thing in the world. We get it. These brands seem to represent security and safety. But by exclusively taking this approach, you’re shutting out an enormous chunk of the sports betting scene.

New sportsbooks are being launched all the time. Most use experienced developers to build their platform, ensuring a professional user experience from the beginning. All want to attract new customers as quickly as possible, meaning you can often find exceptional value.

In this SponsioBet review, we’ll look at a fresh sportsbook that ticks both of those boxes. En route, we’ll evaluate their promotions, markets, security, and plenty more. Ultimately, we’ll give you an honest assessment as to whether this is a worthwhile place to bet.

Let’s get started.

New players only. Minimum stake £10, minimum odds 1.5, stake not returned. 10X wagering the winnings from the free bet. Wagering occurs from real balance first. Wagering requirement is calculated on bonus bets only, wagering starts from real funds. Free bet is valid for 7 days from issue. Max conversion: £20. Excluded Skrill deposits. Full T&Cs apply

Outstanding range of betting markets

Excellent customer service

Easy-to-use interface

SponsioBet Sign Up Offer

For a recently-launched sportsbook like SponsioBet, the welcome offer is arguably the most important area of all to get right. It’s the first thing most newcomers will look at, after all, and should entice them to register immediately.

The SponsioBet new customer offer certainly gets your attention. It’s a ‘Deposit X, Get Y’ promotion, in which you’re asked to stick £10 in your account, and are given a £10 free bet in return.

So far so good, but this promotion does come with a few terms and conditions. These are the most important ones:

  • Free bet will be awarded after depositing at least £10
  • Free bet must be wagered at odds of 1/2 (1.50) or greater
  • Free bet stake not returned with winnings
  • Winnings from free bet must be wagered 10x
  • Once rollover requirement is met, winnings will be converted into real money
  • Maximum conversion amount is £20
  • Bonus and winnings will expire seven days after free bet is credited

As you can see, what seems like a straightforward promotion quickly becomes complicated. The minimum odds for using the SponsioBet free bet – 1/2 – are perfectly fair, as is the minimum deposit amount of £10. The requirement to wager any winnings ten times before you can withdraw them, though, is pretty darn unappealing. On top of that, the fact that you must do all of this within one week makes the whole proposition even trickier.

Overall, you’re not being asked to risk a lot here, and the value proposition – deposit £10 to win up to £20 – is absolutely fine. The problem, of course, is that retaining a profit across 10 bets within a single week is certainly a challenge for any bettor. Actually benefiting from this welcome offer, therefore, could prove extremely tough.

SponsioBet Ongoing Promotions (Updated On: September 2020)

When the welcome offer doesn’t quite land, some quality ongoing promotions can really help to right the ship. While the ongoing SponsioBet promotions aren’t bad, however, they suffer from similar problems to the aforementioned new customer deal. Also, although there are technically six ongoing promotions at the time of writing, there’s little variation between each one.

The two football promotions are probably the first thing most bettors will look at. One is for the Premier League, and the other covers all football competitions. Functionally, though, they’re almost identical. The only differences are the promo codes you must enter when making a deposit: ‘BACK’ and ‘CLEATS’ respectively.

For each, you need to use the stated code when making a deposit of at least £10. You must then bet at least £25 on matches to unlock a £10 free bet. As with the welcoming SponsioBet offer, any free bet winnings must be bet 10x, with a maximum conversion amount of £20 at the end. This is a slightly more attractive proposition, though, as you’re given 30 days to complete the rollover rather than seven.

In addition to that pair, there are promotions for horse racing, ice hockey, table tennis, and basketball. That said, they all follow the same format as the football offers, with only the financial figures changing. The ice hockey offer also gives you a £10 free bet in return for £25 of wagers, whereas the other three reward you with a £5 free bet for a £15 spend.

Overall, it’s nice to see SponsioBet providing for fans of several different sports, rather than just football and horse racing. There’s a pretty serious lack of imagination in the actual mechanics of the offers, though, to say the least!

SponsioBet Football Features

Sports betting might have changed massively in recent decades, but one thing has stayed the same: football is still the biggest market by far. It’s absolutely crucial, therefore, for any new bookie to nail their football section… and we’re pleased to say that SponsioBet have done just that.

For starters, the range of markets available is already equal to that of any established sportsbook. Every competition you could conceivably want to bet on is featured here, from the biggest continental competitions – like the Champions League and Europa League – to the smallest domestic divisions. That’s true not just for European football, but for those further afield too.

While the majority of markets are pre-match, SponsioBet also have an outstanding in-play section. Not only does this also cover a superb variety of competitions, but the actual mechanics of live betting work smoothly too. Odds update with pleasing regularity, wagers are processed swiftly, and – while actual streaming is absent – a visualisation tool and live statistics still help to keep you informed.

Not only is the coverage of both upcoming and live football excellent; the actual ways you can bet on it are too. All your favourite bet types are present and correct – including Match Result, Double Chance and Over/Under Goals – and there are some intriguing niche wagers available to make. One typical Premier League game will have hundreds of individual markets, which can include bets on cards, fouls, and even saves.

On top of all that, you’ll also find plenty of Outright opportunities. From League Winner and To Be Relegated, through to Top Six Finish, the variety of longer-term bet types here is – once again – wonderful.

Even from a veteran sportsbook, this would be a very appealing football section. From a bookie launched mere months ago, it’s simply outstanding.

Other Betting Markets

A well-rounded modern bookie won’t merely cater to football fans. Instead, they’ll seek to build a broad customer base with a nice, wide range of markets.

Once again, SponsioBet excel in this respect. All major British betting markets are available to bet on, from cricket, golf and rugby, through to boxing, tennis and motorsports. Crucially, horse racing is also included, which isn’t always a given with a new sportsbook.

Fans of American sports will be pleased to see the likes of the NBA, NFL and MLB represented. SponsioBet have also given attention to the rising popularity of eSports betting, with all major competitive games – including Dota, CS:GO and Overwatch – open for betting.

Mobile Betting Options & App

On-the-go betting has never been so popular. Nowadays, many people’s default way to wager is via their phone or tablet. In this context, we were extremely disappointed by the lack of SponsioBet mobile features.

At the time of writing, there is no SponsioBet Android app available, nor is there an iOS version. Quite frankly, we find this baffling. The rest of SponsioBet’s platform is modern and professional, in turn projecting a modern and professional appearance for the brand. The lack of something as fundamental as a SponsioBet app threatens to undo all this hard work.

When there’s no app available, of course, you’re entirely reliant on a bookie’s mobile website. Well, unfortunately that’s lackluster here too!

While functionally everything works (though not particularly quickly), the interface simply doesn’t scale well to a smaller screen size, and navigating isn’t intuitive in the slightest. In fact, it feels as if SponsioBet have simply made do with the automatically-generated mobile version of their platform, rather than designing a specific version themselves.

Having gotten back on track after their mediocre promotions, we must say that this represents another low point in our review. Considering just how important mobile betting is in this day and age, SponsioBet’s lack of care in this area is simply bizarre.

Security

Security is another of the first things people tend to check when visiting a new sportsbook. Since you’ve probably never heard of this particular bookie before, you’re perfectly entitled to ask, ‘Is SponsioBet legit?’

The short answer is… yes! Most importantly, SponsioBet are fully licensed by both the UK Gambling Commission and Malta Gaming Authority. Both are prestigious bodies which will have fully vetted SponsioBet for safety and fairness.

Aside from that, SponsioBet provide few specifics on their security measures. They do state that they’re “committed to securing your Personal Data”, which is nice, and that strong encryption is in place. Ideally we’d like a few more details, but SponsioBet’s strong licenses are good enough for us.

Opening an Account

We’re happy to say that SponsioBet’s registration process is streamlined, modern, and takes only a couple of minutes to complete.

You begin by clicking the ‘Join Now’ button in the top-right, then entering your email address and phone number, and creating a password. On the next screen, you’ll provide further personal details, including your date of birth and address. You can also set your preferred currency, and enter a promo code.

Once you’ve finished there, a verification code will be sent to both your phone and email account. Just copy and paste that code back onto the website, and you’re good to go!

Banking Options

You won’t find the widest range of banking options at SponsioBet, but the major payment methods – credit card, debit card and PayPal – are all in place. These are also backed up by the likes of Paysafecard, ecoPayz, and Trustly (for bank transfers). The minimum deposit amount is either £10 or £20, depending on your chosen method.

The same options are mostly available for a SponsioBet withdrawal, minus Paysafecard. While the minimum amount is an unusually low £2.50, all withdrawals are subject to an irritating £2.50 transaction fee. Processing times for a SponsioBet cash out range from 1-7 business days, again depending on the method.

Customer Support

SponsioBet have certainly had their ups and downs in this assessment, but – happily – this is another area in which they excel. In fact, getting in touch with a SponsioBet customer service rep could hardly be easier, thanks to the inclusion of live chat. This is always accessible via a button along the top menu, and help is available from 08:00 – 00:00, seven days a week. If your query is less urgent, there’s also a SponsioBet contact form you can fill in.

Elsewhere, SponsioBet do have an FAQ section. It’s mediocre at best, though, with the information skewing heavily towards the casino section, rather than the sportsbook. The answers are brief too, and not particularly well-organised.

SponsioBet Company Details

Being a brand new outfit, very little information is available about SponsioBet, except that they were founded in 2020 and are based in tax-friendly Malta.

Perhaps the most interesting detail is that they’re operated by ProgressPlay, who also created the platform. Though only founded themselves in 2012, ProgressPlay have a formidable amount of experience in building and operating online casinos, and look to be making a push into the sportsbook game now too.

SponsioBet Bottom Line

Quite frankly, our experience of putting together this SponsioBet review was like a rollercoaster ride. The highs were very high… but we found that things could go south pretty quickly too!

To be clear, SponsioBet get a lot right. Their range of betting markets is outstanding, not only for football, but for other sports too. The customer service coverage is excellent, and the interface – on the desktop version at least – is professional and easy to use.

They do let themselves down in certain key areas, though, with the lack of a mobile app being a key example. This is somewhat excusable for a new bookie… but you must compensate for it with a quality mobile version of your website. Then there are the niggling annoyances, like the lack of variety in the ongoing promotions, and the foolish £2.50 transaction fee for withdrawals.

In all, SponsioBet have come a long way in a short space of time. They lack the higher-end features of an established bookie, but – as a straightforward betting platform – this is absolutely usable already.

If that sounds like your cup of tea, go ahead and give their ‘Deposit £10, Get a £10 Free Bet’ welcome offer a shot today.

New players only. Minimum stake £10, minimum odds 1.5, stake not returned. 10X wagering the winnings from the free bet. Wagering occurs from real balance first. Wagering requirement is calculated on bonus bets only, wagering starts from real funds. Free bet is valid for 7 days from issue. Max conversion: £20. Excluded Skrill deposits. Full T&Cs apply