£50 Bonus

SportingBet has been trading since 1997 and is part of the major GVC Holdings sporting empire, listed on London Stock Exchange.

IMPORTANT: As of 1st December, this offer has changed to a £100 bonus offer. I will update this guide in the next few days, though it is relatively straightforward offer. It is 4x wagering of your deposit+bonus, so if you took the full £100 bonus, you would need to wager £800 (minimum odds 2.0).

It is therefore very similar to the Betway offer: https://teamprofit.com/welcome-offers/betway/

The only difference being the minimum odds are 2.0 rather than 1.75.

£50 Bonus Summary

The £50 Bonus offer is a generous offer worth £39 profit risk free.

  • Trigger bet: 10 x £20
  • Minimum odds: 1.5
  • Bonus: £10, £20, £20
  • Profit: £39
  • Full terms: Click here

This offer is slightly different to other Bonus offers, but still very simple. Rather than getting a bonus upfront, you receive bonuses after placing bets.

The mechanics of this offer is that you need to place 10 x £20 bets. In return you receive £10, £20 and £20 bonus at 3 intervals:

£10 bonus after your 1st £20 bet has settled.
£20 bonus after your 5th £20 bet has settled.
£20 bonus after your 10th £20 bet has settled.

Wagering Requirement

Each bonus has a 3 x wagering requirement (£30, £60, £60).

By the time you receive the final £20 bonus, you will have completed the wagering from the £10 bonus and the first £20 bonus as you have placed £200 worth of bets by then.

So once you receive the second £20 bonus, you simply need to place one final £60 bet to complete the wagering so you can withdraw the £20 bonus.

For this offer, you will need a maximum £180 balance in your Exchange to cover the lay bets for your £260 wagering.

£39 Profit Risk Free Explained

You will lose up to £11 from wagering £260. Once you have wagered £260, you will be able to withdraw the final £20 bonus for a total £50 bonus. This gives a net profit of £39 profit risk free.

Sign Up To SportingBet

Sign up to SportingBet and deposit at least £20 to receive the £50 Bonus offer.

Sign up to SportingBet

video image= Video Guide Clip

Simply repeat Step 1 to Step 3 for each of your 10 x £20 trigger bets.

  • Choose a popular league or cup on SportingBet. Note given you will be placing £200 worth of trigger bets, you may wish to use the OddsMonkey Odds Matcher to find the matches with the closest odds between SportingBet and your Exchange. This will help you to minimise the trigger bet loss. Aim to lose no more than £1 per £20 trigger bet. This will mean in total you lose £10 from the 10 x £20 trigger bets.video image

  • Choose a team above the 1.5 minimum odds on SportingBet. Preferably with odds below 2.5 to keep your liability low.video image

  • Check the Betfair Exchange lay odds and choose the team with the closest lay bet odds to the bookmaker odds.video image

    Ideally the chosen team should have the lay bet odds within 10% of the bookmaker odds. For example, if your bookmaker odds are 2.0, aim for Betfair Exchange lay odds no higher than 2.2. Note in-play odds are usually a little worse, so you may need to accept 15 to 20% difference, but hopefully not.

  • Enter your stake, back odds and lay odds into the Calculatorvideo image

  • Place your £20 SportingBet bet.video image

  • Place your Betfair Exchange lay bet using the lay amount from Step 2 in Backer's Stakevideo image

£10 bonus, £20 bonus and £20 bonus will be added to your account after the 1st, 5th and 10th £20 trigger bets. Each come with a 3 x wagering requirement (so £30, £60, £60).

You will have automatically completed the wagering for the first two bonuses from your trigger bets. So all that is left is to place £60 worth of additional bets so you can withdraw the final £20 bonus.

So simply repeat Steps 1 to 3, either with 1 x £60 bet or any combination (e.g. another 3 x £20 bets).

Once you have wagered the additional £60....

Congratulations - £37 Profit Risk Free!

Easy money! You will have made £50 from the bonus, less £10 in trigger bet losses and £3 in wagering bet losses.

Mark the offer as complete and lets get cracking with the next offer.