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.
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.