Sporting Bet Sign Up Offer Guide

  • £10 Free Bet Refund
  • You can make £6+
  • Newbies need ~20 minutes

This is a Free Bet If Lose Offer

If you haven’t already we recommend reading our guide here before doing this offer.

This guide is based on the Guaranteed Profit Method using the Oddsmonkey Risk Equal Profit Calculator (which you can access here for just £1).

The Potential Profit Method is briefly outlined at the end of this guide.

Sporting Bet are one of the biggest online bookmakers, having been in business since 1997. Their refund offer may not be as profitable as others, but it is totally worth doing simply because SportingbBet are a bookie known for offering very good reload offers going forward.

Sporting Bet Offer Summary

IMPORTANT! Only bet on football not horses for this offer.

  • Deposit Method: Debit Card
  • Qualifying (Trigger) Bet: £10
  • Free Bet if Lose: £10 (7 day expiry)
  • Minimum Odds: 2.00
  • Expected Profit: £6+
  • Full T&Cs: click here

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Sign Up to Sporting Bet

If you haven’t already, sign up to Smarkets first here.

Next, follow the link below to get the correct offer from Sporting Bet

To increase your chances of receiving extra email promotions from Sporting Bet in the future, we recommend a “good customer” deposit  £20 or more.

STEP 1: Finding your Qualifying Bet

i) Switch to decimal odds

Once logged into Sporting Bet find Settings in the left-hand menu list and switch to ‘EU’ decimal format.

SportingBet_Switch_to_Decimal_Odds

ii) Use the Oddsmonkey Oddsmatcher to find a bet quickly at odds of 4.0 or more

If you haven’t tried the Oddsmatcher yet you can try it here for just £1.

IMPORTANT! Do not bet on horses. For the Qualifying Bet portion of ‘Free Bet if Lose Offers’ we can make more profit the higher odds that we use. How high you can go though will depend on your available balance in Smarkets. We recommend using odds of at least 6.0 if you can.

The table below outlines the estimated liability you will require for the Qualifying Bet portion of this offer and the estimated profit you will make.

Of course if you’re not quite ready to try Oddsmonkey yet you can get help finding a bet to do in our Potential Bet Selections Blog or use the manual approach you learnt during the previous offers.

iii) Select a bet and check the odds at Sporting Bet and Smarkets

Remember on Smarkets: #BLUE BOXES.

Choose a bet from the Oddsmatcher then check the odds are as expected at Sporting Bet and Smarkets. (If not hit ‘Refresh’ on the Oddsmatcher to update the list of available bets). 

STEP 2: Calculate the Lay Bet Amount

Using the Oddsmonkey Risk Free Equal Profit Calculator

You will now need to enter:

  1. Your stake amount at the bookmaker (will be £10 for this offer)
  2. Your back odds at the bookmaker (ideally over 4.0)
  3. The blue box lay odds from Smarkets
  4. Your lay commission at Smarkets (usually 2%)
  5. The amount of the free bet you will be awarded if your Qualifying Bet loses (this will be £10 for this offer)
  6. Your expected percentage profit extraction from the free bet if you receive it (for newbies we recommend to make this 75%)

The calculator then works out your ideal lay stake amount, which you will use for your against bet at Smarkets.

IMPORTANT CHECKS

> Check your Smarkets balance is greater than your calculator liability.

> Reduce the chance of partially-matched bets or un-matched bets by making sure the liquidity (amount under blue lay box) is larger than your lay stake amount.

STEP 3: Placing your bets

Place your £10 bet at Sporting Bet first and check it’s confirmed.

Place your lay bet at Smarkets using the ideal lay stake from the Risk Free Equal Profit Calculator.

STEP 4: If your Qualifying Bet...

WINS at Sporting Bet

You will automatically be in profit and have completed this Free Bet if Lose offer. Well done!

HOT TIP: Sporting Bet are great for reload offers, we recommend to do a fake mug bet or two if you can after completing the welcome offer.

LOSES at Sporting Bet

You will be slightly down by a small qualifying loss, but the bet losing at Sporting Bet will trigger them to give you a £10 free bet (with a 7 day expiry). The free bet is usually credited within 48 hours of your first bet settling.

You then need to use this free bet in the normal way using your Profit (Free) Bet Calculator.

i) Use your Oddsmonkey Oddsmatcher to find a bet with odds over 4.0.

We have created a table for you below to see what amount of liability you will need in Smarkets to obtain certain profits from this £10 free bet.

Approximate-Liability-Needed-for-10GBP-Free-Bet

ii) Open the Profit (Free) Bet Calculator

Once you’ve found a bet to do enter your £10 free bet stake, with your back odds from Sporting Bet and lay odds from Smarkets

Genting-Profit-Free-Bet-Matched-Betting-Calculator-Example

Remember to do your important checks (Smarkets balance > liability; Smarkets liquidity > lay stake) before placing your free bet. 

iii) Use the free bet in your betslip

Remember to:

> select your free bet in your betslip at Sporting Bet

> place the free bet at Sporting Bet first and then do your lay bet at Smarkets

iv) After completing your free bet

You are now in profit! (Add your profit from your free bet to your original qualifying loss to work out your overall profit).

HOT TIP: Sporting Bet are great for reload offers, we recommend to do a fake mug bet or two if you can after completing the welcome offer.

The Potential Profit Method

We recommend to follow one of the basic Bet & Get Offer guides, such as the Coral offer guide. You will only end in profit though if the Qualifying Bet loses and you unlock the free bet. Otherwise you will be down a small qualifying loss. 

As you do the offer though remember the minimum odds for the Qualifying Bet are 2.0. You should try do the Qualifying Bet at higher odds though to increase the chances of it losing at Sporting Bet, and your free bet being unlocked.

HOT TIP: Sporting Bet are great for reload offers, we recommend to do a fake mug bet or two if you can after completing the welcome offer.

Congratulations-on-completing-this-offer

That was another quick profit maker.

As ever, keep an eye out for any reload emails that may be sent to your email which will enable you to make more profit from this bookmaker going forward.

Track your profits and tick this offer on your checklist, and lets get to the next offer…