SponsioBet is a relatively new online betting platform that has been making waves in the world of online sports betting. Launched in May 2020, SponsioBet is operated by Progress Play Limited and offers a wide range of sports and betting markets for its users. Despite being a newcomer in the industry, SponsioBet has already gained a reputation for offering competitive odds and a user-friendly interface. In this comprehensive review, we will take a closer look at the various aspects of SponsioBet, including its sports offerings, promotions, customer support, and more.
Sports and Betting Markets
SponsioBet offers an impressive selection of sports and betting markets, catering to both casual and experienced bettors. The platform covers more than 30 sports, ranging from popular choices like football, basketball, and tennis to niche sports such as handball, sailing, and biathlon. This diverse selection ensures that bettors have access to a wide range of leagues and tournaments, making for an exciting betting experience.
Some of the sports available on SponsioBet include:
- Football
- Basketball
- Tennis
- Horse racing
- Golf
- Boxing
- Cricket
- eSports (Dota 2, League of Legends, Counter-Strike: GO, etc.)
- Handball
- Rugby
- Sailing
- Snooker
- Volleyball
In addition to its extensive sports selection, SponsioBet also offers a variety of betting markets across its sports offerings. These include traditional betting options such as match winners, point spreads, and over/under bets, as well as more unique markets like first goalscorer, total points scored, and more. This variety ensures that bettors have plenty of options when it comes to placing their wagers.
Promotions and Bonuses
SponsioBet offers a range of promotions and bonuses for both new and existing customers. While the platform does not currently offer a dedicated mobile bonus, users can take advantage of several other promotions and bonuses available on the site.
Some of the promotions offered by SponsioBet include:
- Welcome Bonus: New customers can enjoy a 100% deposit match bonus when they make their first deposit of at least £10. This bonus can be used on a variety of sports and betting markets, giving new users a chance to explore the site and potentially win big.
- Accumulator Bonuses: SponsioBet offers bonuses for users who place multiple bets, also known as accumulators. These bonuses can increase potential winnings and make for a more exciting betting experience.
It's worth noting that these promotions are subject to terms and conditions, including wagering requirements and time limits. Be sure to read the fine print before claiming any bonuses or promotions.
User Interface and Mobile Compatibility
SponsioBet's website is designed with user-friendliness in mind, featuring a clean and straightforward layout that makes it easy for users to navigate. The site's color palette of black, white, and red creates an understated atmosphere that allows users to focus on the sports and betting options available.
The platform is fully compatible with mobile devices, ensuring that users can access SponsioBet's sportsbook and casino offerings on the go. While there is currently no dedicated mobile app available for download, the mobile version of the site is optimized for both Android and iOS devices. This means that users can enjoy a seamless betting experience, whether they're using a smartphone or tablet.
In-Play Betting and Live Streaming
SponsioBet offers a robust in-play betting feature, allowing users to bet on live sports events as they happen. The platform's live betting options are displayed prominently on the site, making it easy for users to find and place bets on ongoing matches. SponsioBet's in-play betting feature is complemented by informative infographics and helpful statistics, which can aid users in making informed betting decisions.
One of the standout features of SponsioBet's live betting offering is the 'Live Multiview' feature, which enables users to create a customized live betting experience by simultaneously viewing multiple live events. Users can bookmark the in-play events they want to follow, adding them to the multiview portal for easy access.
While SponsioBet does not currently offer a live streaming function, the platform's extensive live betting options help to compensate for this limitation. Users can still follow live events and place bets in real-time, ensuring an engaging and dynamic betting experience.
Multiple Bets and Betting Limits
SponsioBet supports multiple bets, allowing users to place wagers on a variety of outcomes across different sports and betting markets. The platform's built-in combo calculator makes it easy for users to determine their potential winnings if all their selected bets are successful. SponsioBet's multiple betting options compare favorably to those of other online betting platforms, ensuring a diverse and engaging betting experience.
When it comes to betting limits, SponsioBet does not provide specific information on its website. However, users can take advantage of the platform's Cash-Out feature, which allows them to protect their potential winnings when they believe the tide may be turning against their bets. This feature can be particularly useful for conservative bettors who want to minimize their risk.
Payment Methods and Withdrawal Fees
SponsioBet offers a variety of payment methods for users to choose from, including popular options like Visa, MasterCard, Maestro, PayPal, Skrill, Neteller, and Paysafecard. The platform also supports direct bank transfers for users who prefer a more traditional payment method.
One drawback to SponsioBet's payment options is the £2.50 flat fee charged for all withdrawals, regardless of the chosen payment method. This fee may discourage some users from withdrawing smaller amounts from their accounts. It's important for users to consider this fee when planning their betting strategy and managing their bankroll.
SponsioBet's Background and Customer Support
As a relatively new player in the online betting industry, SponsioBet is still establishing its identity and reputation. The platform is operated by Progress Play Limited, a company based in Malta. While little information is available about the true owners of SponsioBet, the platform's UK Gambling Commission license and its association with Progress Play Limited suggest a certain level of trustworthiness.
In terms of customer support, SponsioBet offers limited options for users seeking assistance. The platform's support team is available via email and live chat, but only between the hours of 8 am and 12 am (GMT). Users may find it frustrating to wait for a response during off-hours, and the lack of a dedicated phone support line may be off-putting for some.
Security and Licensing
SponsioBet takes the security of its users seriously, employing industry-standard 128-bit SSL encryption technology to protect user data and financial transactions. The platform is also audited by the International Betting Adjudication Service (IBAS) and regularly tests the fairness of its virtual sports offerings through eCogra.
SponsioBet holds licenses from both the Malta Gaming Authority and the UK Gambling Commission, ensuring that the platform adheres to strict regulatory standards. The fact that SponsioBet is licensed by two regulatory bodies adds to its credibility and trustworthiness in the eyes of potential users.
Conclusion
In conclusion, SponsioBet is a promising newcomer in the world of online sports betting. The platform offers an impressive selection of sports and betting markets, as well as competitive odds and a user-friendly interface. While there are some areas for improvement, such as the introduction of live streaming and expanded customer support options, SponsioBet shows potential to become a popular choice among online bettors.
Users looking for a diverse and engaging betting experience may want to give SponsioBet a try, keeping in mind the platform's withdrawal fees and potential limitations. As the platform continues to grow and establish its identity in the industry, it will be interesting to see how SponsioBet evolves and addresses the needs of its users.