Sports Markets and Betting Types
Delving further into the specifics, there are currently thousands of betting markets being offered across many SponsioBet sports. All of the classic sports disciplines such as football, basketball, horse racing, golf, tennis, and cricket, all of which can be easily accessed from the site’s homepage.
This comprehensive coverage of such a wide range of sports provides players with a whole host of internal leagues and tournaments to place a wager upon. On the contrary, SponsioBet also covers several niche sports too such as handball, sailing, and biathlon. We’ve provided a quick glimpse into some of the most popular sports markets offered by SponsioBet below.
As the data above suggests, there are thousands of betting markets to be explored with the most notable being those across many international football and tennis fixtures. With football, in particular, there is an undeniable focus on prominent European competitions such as the Premier League and Champions League. Whereas fans of tennis can follow the action across many Grand Slams too, including Wimbledon.
It is undoubtedly a strength that the SponsioBet sportsbook provides such extensive market coverage to its clients and the prices here stand tall alongside the platform’s rivals. However, we do feel that perhaps the extra niche sports markets could be expanded upon in the future to help SponsioBet grow its client base.
In-play Betting & Live Streaming
Players that visit the SponsioBet UK site should notice quite quickly that in-play betting options are displayed pretty prominently across the platform. The selection of live, in-play betting markets come fully equipped with informative infographics and helpful statistics that exist to aid you greatly in your quest for a winning bet.
In particular, the ‘Live Multiview’ feature on the SponsioBet platform lets players create a unique live betting experience where they can simultaneously view multiple live events. An incredibly helpful feature of this function is that pundits can create bookmarks for the in-play events they want to watch which will then add them to the multiview portal.
Overall, this live betting selection is great and interestingly includes several virtual eSports which suggests SponsioBet is a bookmaker keeping an eye on modern trends. Unfortunately, SponsioBet doesn’t offer a live streaming function to its platform. However, the incredibly active live betting sections do cover a wide range of live events and are seemingly an attempt to compensate for this limitation.
Let’s discuss the multiple bet selections provided by the SponsioBet sports platform. Not only are multiple bets allowed but they’re encouraged as each game features dozens of additional markets and bet types to take advantage of. It’s rather easy to place bets of all shapes and sizes.
With the built-in combo calculator that immediately figures out how much you stand to win if all the elements fall into place. With this operator, players can accumulate their bets and wager on outcomes such as the winner, first goalscorer, total points scored, and many more. In comparison to other operators, the SponsioBet multiple selections here certainly hold their own.
Betting and Win Limits with SponsioBet UK
We have to admit that during our research for this SponsioBet review, we found it incredibly difficult to find out more about the betting and winning limits of the operator. Even at the time of writing, these remain something of an enigma. This was largely due to the FAQ section of the site primarily focusing on the casino aspect of the platform, much to the detriment of its sportsbook.
As a result, we aren’t entirely sure if we’d specifically recommend this to conservative players or high rollers. However, the good news for conservative players is that we do know SponsioBet offers a Cash-out feature on a large number of its markets. This should be displayed on your betting slip and allows you to protect your potential winnings when the tide begins to turn.
Average Odds Throughout6
When it comes to weighing up the SponsioBet odds on display, the whole process has been made easier for players as the operator allows you to toggle between different odd formats. Considering these odds in your preferred format allows you to easier understand the nature of them and include the American, Decimal, Fractional, Malay, Indo, and Hong Kong styles.
When it comes to live events, patrons can also switch between fixed and in-play odds. When it comes to evaluating how competitive odds are, it’s worthwhile to consider the margins between RTP odds levels. Having such a gap between the lowest and the highest level with plenty of different odds sizes in between makes SponsioBet exciting. In fact, to help you visualise just how competitive SponsioBet odds are we’ve compiled this table below featuring the largest sports markets.
Odds Levels for the Largest Sports Markets
- Basketball94.89 - 96.23%
- Tennis93.77 - 96.73%
- Ice Hockey 94.42 - 98.21%
- Cricket96.58 - 97.20%
- Golf92.11 - 95.33%
- Rugby92.74 - 95.40%
- American94.78 - 97.24%
- Return to Player (%)
As you can see, the RTP margins depend largely on the sports type being bet on. On average, the RTP margins for SponsioBet come out at roughly 9% which puts this operator behind other competitors when it comes to competitive odds. As is typical of many UK operators, football bets offer the fairest odds for pundits.
For football fans, SponsioBet offers an average RTP margin of 6.8% for many football fixtures across a multitude of leagues. Across the industry, RTP margins between 5-7% are around the average. As we can see, SponsioBet odds sit somewhere in the middle. The competitiveness of football odds also decreases in value the more obscure the game is. For example, Premier League games typically sit at 6.09% whereas obscure leagues have been shown to go up to 9%.
Payment Methods Available
In terms of payment methods, there’s a fairly inclusive range offered by SponsioBet for players to choose from. For traditional gamblers, direct bank transfers or card payments via Visa, MasterCard, and Maestro are entirely possible. If you’d prefer to use more secure eWallets, then never fear as this site has got you covered.
To help provide oversight, we’ve compared and contrasted the most common payment methods accepted by SponsioBet in the table below.
||3 – 7 days
||1 business day
||1 business day
||3 – 7 days
||£20 – £5,000
||4 – 10 days
As you can tell from the information above, both deposit limits and withdrawal processing times will depend greatly upon your payment method of choice. For instance, while the overall withdrawal times are much slower than market competitors, some eWallets like Skrill and Neteller are quicker with winnings appearing in your account within 24 hours.
A major drawback to this operator’s payment options is the fact that a £2.50 flat fee is charged for all withdrawals regardless of method. This is sure to be off-putting to many and we advise only withdrawing larger balances from your account.
New and Exciting Platform
In this section of this SponsioBet review, we’d like to consider the betting site itself and how its design both adds to and detracts from the overall user experience. In terms of colour and aesthetic, the website is very neatly organised in its layout, hosting a simple colour palette of black, white, and red.
This understated atmosphere aims to help visitors quickly find what they’re looking for without getting distracted by flashy graphics. Searching for sports is remarkably easy, all you have to do is browse through the tabs on the left-hand side of the dashboard. The ‘event view’ tab on the site also shows you live events occurring and all the betting markets they entail. It’s also straightforward to find the latest scores with the results tab.
In our opinion, this platform responds comparatively well with pages loading relatively quickly. However, there are certainly a few snags worth mentioning that detract from its overall effectiveness. For instance, the mobile version of the desktop is rather difficult to navigate around and could be made sleeker. Also, a big issue is that the FAQ section of the site is just about the casino aspect of the platform and omits helpful knowledge about the sportsbook.
How to Place a Bet
Before you can place a bet with Sponsiobet sports, however, you must first create an account. To register successfully, SponsioBet must ask you to provide information in harmony with the UK gaming industry’sKnow Your Customer (KYC)’ protocols. These are a series of measures that seek to confirm that you’re over 18 and are who you really say you are. These are often to prevent fraud and money laundering. Be aware you might need to provide proof.
Once you’ve crossed this initial hurdle, the rest of the process is remarkably easy. After verifying your identity, all you need to do is select the desired payment method and lay down your first deposit. Below, we’ve decided to include a simple step-by-step guide on how to finalise placing a wager with Sponsiobet.
- Choose Your Bet First things first, browse the SponsioBet sportsbook platform and select a betting market you’d like to participate with. You can also select multiple bets.
- Raise Your Stake Next, the selection(s) will appear I your bet slip. From here you can raise or lower the amount that you’d like to bet. Remember to gamble responsibly.
- Confirm On Bet Slip Luckily, the final stage of the whole process is the easiest. After double-checking, give the confirmation of your bet by clicking ‘Place Bets’
As for live betting, it too is a rather straightforward process. Luckily for punters, the live betting options are on full display across the SponsioBet site interface and visitors can consult the live calendar to discover upcoming events. Players can also easily access and bet on fixtures that have already started. For quick access, click the ‘Live’ tab in the sidebar of the homepage.
To add more selections to your betting slip, simply repeat the process as desired and multiple selections will be clearly marked on your betting slip. After you have selected a wager amount that you feel comfortable taking, SponsioBet will ask you to confirm that you fully understand all of the risks involved before placing your bet.
Background Info on SponsioBet
Next, we’d like to contemplate several key features of the platform that should indicate its trustworthiness to new players. Over the following sections, we shall discuss the company background of SponsioBet UK and what customer support options it offers, as well as the security defences it takes to protect its patrons.
SponsioBet UK under the Microscope
Relatively fresh-faced in comparison to some of its market competitors, SponsioBet UK hasn’t been on the betting scene too long having recently launched in May 2020. Owned and operated by the elusive Progressive Play Limited, not a lot of information is available on the origins of SponsioBet. We do know, however, that this operator is physically based in Malta.
As the site strives to find its feet, we’re sure that more details of this sportsbook will continue to emerge. Although we must admit the lack of transparency and verified information isn’t a welcoming sign of trustworthiness by any means. Regardless, we’ve managed to compile all the information about SponsioBet we could find in the table below.
|All About the SponsioBet Business
||Live Chat:8 am – 12 am
||Deposit Limits: Adjustable
|Head Office:Soho Office 3A, Edge Water Complex, Elia Zammit Street, St. Julians, Malta
||Betting Limits: Adjustable
||Testing Agency:MGA Testing Company
||Self Exclusion: Available
||Audit Organisation: IBAS
||Child Protection: Guaranteed
||Other: Betting help FAQ
||Anti Money Laundering Controls: KYC
||Partner Organisations:Gamble Aware
As you can see from the table above, SponsioBet is registered in Malta yet retains a UK gambling licence under account number 39335. Their head offices are located at the ProgresPLay Limited offices at Soho Office 3A, Edge Water Complex, Elis Zammit Street St. Julians, Malta. Next, we’d like to discuss the customer service options available to players.
Customer Support Options4
In terms of support, SponsioBet offers customers the chance to resolve any unforeseen issues through the FAQ section or by contacting the team via email at firstname.lastname@example.org. Support is also available in English, French, and German and the customer support team can be contacted every day between the hours of 8 am and 12 am (GMT).
As is becoming more common amongst leading UK bookmakers, 24/7 customer support, as well as a telephone number and even assistance through social media, have cropped up more in recent years. To stand out, it’s beginning to feel like sportsbook should offer these platforms too in order to compete.
It’s quite difficult also to find a contact number for SponsioBet listed anywhere on their site and perhaps this is due to operating out of Malta. During our tests for this SponsioBet review, we had to fill out a query form and email for answers to our questions and it took a frustratingly long time to hear back from the support staff. Every betting platform that wants to survive must have a great customer service team behind them to help clients when things don’t go according to plan.
Licensing & Security 8
Speaking of reliability, we’d like to dedicate this section to discuss the safety and security precautions undertaken by this operator and what it means for you as a potential client. The SponsioBet sports betting networks uses the latest, industry-renowned, 128-bit SSL encryption software. This effectively asks as a firewall that keeps your financial data safe from unwanted third parties.
They are also audited by the International Betting Adjudication Service (IBAS) and regularly test the fairness of their virtual sports with eCogra. All these things combined to showcase a commitment to the safety of bettors. SponsioBet has also partnered with responsible gambling organisations including BeGambleAware and GamStop in an attempt to promote healthy habits and the mental wellbeing of players.
As we touched upon before, the driving force behind SponsioBet is ProgressPlay limited. While we know little about them, we do know that they hold a licence from the Malta Gaming Authority and the UK Gambling Commission. The latter of which allows them to operate within the jurisdiction of the UK. The fact that this operator has the approval of two regulatory bodies is a big deal when it comes to judging its trustworthiness.
Bonus Points for SponsioBet 2
As we begin to reach the final throes of this feature on SponsioBet UK, we’d like to quickly award points for areas in which we believe this operator excels but unfortunately don’t have time to unravel fully. Firstly, we applaud this operator for including an attractive welcome bonus of a 100% deposit match in free bets once you deposit £10.
This is certainly a great incentive if you’d like to get a feel for the site before committing to larger sums. We’d also like to draw your attention to other bonus points we’ve awarded in the table below. While some of these criteria may not be at the forefront of your mind when you visit a new site, they are important to an immersive experience. We scored them out of a maximum 10 points as follows.
- LIVE STREAMS .0/3
- SPONSORHIPS .0/3
- AWARDS .0/2
- EXTRA MARKETS .1/1
- BONUSES .1/1
- BONUS POINTS .2
Regrettably, we can’t give many bonus points to the SponsioBet betting platform as it lacks a live streaming feature and has no history of sponsorships worth noting. However, we do feel it deserves an extra point for how varied its sports markets are. For instance, we appreciate the inclusion of horse racing into SpornsioBet coverage as not all operators offer it, despite its popularity.
Final Thoughts on SponsioBet
Finally, we have come to the conclusion of this SponsioBet Review. By reading this article, we sincerely hope that you’re now better equipped to face whatever challenges Lady Luck should throw your way when betting with this operator. Nevertheless, we’d like to leave you with our overall impression of SponsioBet.
All things considered, this operator does offer a decent product with a wide range of sports markets and impressive in-play betting tools. However, we find ourselves disappointed by a lot more than captivated by what’s on offer here. To be fair, SponsioBet is still forging an identity in between many long-established competitors, which is why we hope to see some improvements soon.
Strengths and Weaknesses of SponsioBet
- Major Strengths
- Great selection of sporting markets
- Competitive odds
- Major Weaknesses
- Lack of live streaming
- Withdrawal fees sure to be off-putting
- Minor Strengths
- A broad range of payment options
- Slick, intuitive web design
- Minor Weaknesses
- The live chat function isn’t available 24 hours
- No mobile app
Full T&Cs Apply! New Players Only. Free bet is a one-time stake of £10, minimum odds of 1.5, stake is not returned. 10X wagering the winnings. Wagering occurs from real balance first. Wagering requirement is calculated on bonus bets only, wagering starts from real funds. Max conversion: £20. Valid for 7 Days from issue. Excluded Skrill deposits.
There were several areas of improvement that we’d like to suggest SponsioBet takes a look at. While we find the average SponsioBet odds to be not overly competitive, it isn’t the biggest issue for us with this platform. The biggest drawbacks are largely due to the lack of a live streaming feature as well as the absence of a helpful live chat feature to aid customers quicker with their questions.
We warmly invite you to check out some of the other top betting sites in the UK, that we’ve covered here before if you’re still searching for the right fit. Until we meet again, best of luck out there!
Frequently Asked Questions
Although we try to cover as many aspects of the UK bookmakers that we regularly feature on this site, we are of course only human and can’t quite cover everything as in-depth as we’d like. Therefore, if you still find yourself with a question, query, or theory that hasn’t been addressed in this article, please feel free to reach out at mailto:email@example.com and we’ll try to help.
For now, we invite you to check out the most common questions we receive from our readers just in case your answer awaits.
🎲 Is SponsioBet a legitimate site?
Yes, we would never recommend you a site that wasn’t trustworthy. It’s also worth noting that SponsioBet has licence agreements with both the UK Gambling Commission and the Malta Gambling Commission, meaning that it must pass two sets of legal requirements to keep its licences. The site also uses the latest 128-bit SSL encryption software to keep your protect your data. We previously covered the licences and security protocols of SponsioBet if you’d like to check it out.
📱Is SponsioBet compatible for mobiles?
While there is a fully compatible mobile version of the desktop browser available for bettors on the go, there is a curious lack of a SponsioBet app for players to download. As we’ve said before, SponsioBet is still carving out an identity, therefore an app may come in the future. If you'd like to learn more about the SponsioBet platform and how easy it is to navigate, check out our previous section on the layout here.
🎯Does SponsioBet accept PayPal as a payment option?
Yes, it does. This is a great indicator of SponsioBet’s overall trustworthiness as it's a UK online sportsbook verified by PayPal. Other eWallets such as Neteller and Skrill are also available to choose from too if you’d prefer not to share certain details with this operator. Learn more about the differences between eWallet transactions in our section SponsioBet payment methods.
🏆 What kind of sports markets does SponsioBet cover?
At this time of writing, SponsioBet provides betting coverage to 30 different sports across European and International markets. The sports selection is rather diverse and covers both popular and nice sporting events across a plethora of leagues and tournaments. Bear in mind that the total number of betting markets depends on the popularity of the sort. Find out more about the sports selection offered here.