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 30 Days from issue. Max conversion: $/£/€ 20.Excluded Skrill deposits.
|Company Name||ProgressPlay Limited|
It’s an interesting time to launch as a sportsbook but SponsioBet have entered the fray in 2020 and they look well equipped to grab a strong share of the market. Like all good bookmakers, the aim is to back customers with competitive odds, extra value from promotions and a good choice of markets and those are the measures that we will be looking at when undertaking this review.
First impressions were good with an attractive website but what happened when we took a closer look at the SponsioBet operation?
Sports Markets / Odds
The first place to start is here, with an assessment of the available sports at SponsioBet, together with a check to see if we are receiving value through competitive pricing. For UK customers, the list should certainly meet requirements and there is horse racing included, even though the list of bets and the coverage in this respect is limited.
Here is the set of available sports in full:
SponsioBet promise over 30 markets and some of these are individual eSports. This is a good location if you like this sector of the industry with a number of games and leagues covered.
As for odds, it would be a stretch to see this operator included on the main comparison sites anytime soon so it’s a case of checking prices yourself. Having run through a few available markets, SponsioBet should be able to compete with the established betting companies and players should always receive value – particularly in core sports such as football and tennis.
This is one area of the operation where SponsioBet score highly and despite being relatively new to the scene, there is a good choice of funding options available. Those methods start with bank transfers and debit cards but there is one of the better ranges of eWallets on offer and that selection starts with PayPal.
The presence of PayPal is a big bonus and it’s backed up by other providers including Skrill, Neteller, PaySafeCard, Trustly, MuchBetter and EcoPayz.
One point to remember is that SponsioBet currently charge a flat fee of £2.50 for each withdrawal, regardless of which method is used. It’s therefore wise to wait for a bigger balance before withdrawing funds but it would be positive to see that fee removed in the future.
That flat fee doesn’t apply to the deposit methods that we’ve mentioned but players should check with their provider to establish whether there are any charges for transfers.
The first piece of good news is that SponsioBet have a live chat operator but it isn’t available on a 24/7 basis. In fact, at the time of writing in May 2020, there is a relatively small window of contact with live chat in place from 8.00 am to 12.00 Noon (UK time). If you are online during those hours or if your query can wait until the operators are open, this may still be the quickest and most effective way of getting support.
There are alternatives if customers want to seek help elsewhere. SponsioBet have a dedicated customer support email address plus a webform and there is a useful set of Frequently Asked Questions. In summary, there is good choice when it comes to help facilities but it could be widened a little and that live chat should be extended into longer working hours.
SponsioBet are very new to the market but they have ticked a lot of relevant boxes from the very start. For most players, the main requirements are quite simple – they just want a good choice of markets with competitive odds and in general, that’s exactly what you get here.
It might be the case that extra niche sports could be added but all of the core events are here as far as the betting community is concerned and the pricing stands up to the competition.
Funding options are wide but it would be good to see that £2.50 withdrawal charge removed and while the customer service should prove effective, the facilities could be widened.
Overall, there is lots to enjoy here and a number of good reasons why SponsioBet can be added to your existing list of sports betting companies.
- Good choice of sporting markets
- Competitive Odds
- Wide range of deposit and withdrawal options
- £2.50 flat charge on withdrawals
- Live Chat only available 8.00 AM to 12 Noon (UK time)