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  • Brilliant range of viewing options
  • Fantastic coverage of US horse racing

SponsioBet Review 2024 & UK Horse Racing Rating

Comprehensive SponsioBet Horse Betting Review

So, what you have here is our SponsioBet review, in which we assess their general sportsbook offering but with particular attention on horse racing betting. Although only founded in 2024, these fresh faces in the competitive world of online gambling are already making great strides with their website. Taking what is on offer as a whole allows you to see how we arrive at the SponsioBet rating that our experts have decided on. Keep reading to see the results of our SponsioBet review.

SponsioBet Sports Betting
SponsioBet Pros & Cons
  • Superb VIP club available
  • Sportsbook is very mobile friendly
  • Licensed in both Malta and the UK
  • Betting calculator helps you with system bets
  • No betting on British horse racing yet
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CompanyProgressPlay Ltd
HeadquarterSoho Office, 3 Punchbowl Centre, Elia Zammit Street, St Julians, STJ3154, Malta
Year of Founding2020
CEOItai Loewenstein
Web Sitewww.sponsiobet.com
Available LanguagesEnglish
Customer SupportLive Chat, Email Support
UKGC - UK Gambling Commission
Verified byGamStop
Payment Methods
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The SponsioBet Sign Up Offer

We start our SponsioBet horse racing review with a detailed assessment of their welcome bonus for new customers. Nothing makes or breaks a sportsbook quite like its sign up offer. It’s an important consideration in the SponsioBet rating we have given too. Here is what you get when you sign up to their sportsbook. Provided your first deposit isn’t made via Skrill and is at least £10, then you receive a £10 bonus bet that must be used and settled within 7 days. When you come to bet with this bonus, be sure that your wager is minimum odds of 1/2 (1.50) and you put the full £10 on as a single bet.

Our SponsioBet sportsbook review found that there is no way of splitting your bonus, so you either use it all or lose what you don’t. The stake from your bonus isn’t returned with your winnings, but what you do win forms a key part of the wagering requirements which also need to be cleared within 7 days. You must play through 10x the amount you won on the qualifying bet, which could prove challenging. Once you have met those wagering requirements, your balance is transferred over from bonus to cash and you can begin withdrawing funds if you so wish.

Time frame best suited for festivals

Remember, you cannot cash out the qualifying bet and there is a maximum conversion amount of £20. Other terms and conditions apply and full details can be found in our dedicated SponsioBet sign up bonus review also on site. Unlike some other sportsbooks and their welcome bonuses, you can use this one for horse racing. For the purposes of this SponsioBet horse racing review, that is a good thing.

However, on the downside a time frame of just 7 days to deposit, place a qualifying bet and play through 10x whatever you win could be quite tricky if you just limit yourself to horse racing. A solution is to register with SponsioBet just before a major horse racing festival where there should be plenty of horses to bet on.

Usability, Look & Feel

What are the vibes and visuals like on this particular sportsbook? Our SponsioBet review has good things to say about this particular area, with the emphasis very much on compatibility with mobile devices. There is a responsive nature to the sportsbook, which you will find kept completely separate from SponsioBet’s casino platforms. Whether accessing it through your mobile, tablet or desktop, there are different ways of viewing the site that make it similar to InfernoBet in terms of layout.

While the live and multiview options aren’t relevant to horse racing because in-play betting isn’t something available on the sport, the event view tab and dashboard list sports by type and prioritises things which are starting soon. When events are over, check out the results tab to discover the outcome of horse races from all over the world. Although not strictly relevant to this SponsioBet horse betting review, it is pretty cool that you can toggle from fixed odds markets and in-play odds on live events.

Options abound on SponsioBet sportsbook

Check out the sidebar filled with icons that epitomise different sports. For horse racing, it’s the head of a racehorse while for those pastimes we love to bet on which are played with a ball, look out for footballs (American or otherwise), rugby balls, tennis balls, basketballs and volleyballs. The white, red and black colour scheme of the SponsioBet logo is reflected in the layout with dark backgrounds overlaid with lighter text. Graphics that update as sporting events progress are a big part of the sportsbook too.

The amount of options, even when it comes to the betslip and odds layouts, mean our SponsioBet rating is high on aesthetics. You have the choice of Classic or Modern, or even a dedicated Combo interface depending on the type of wager you make. As for odds formats, there are Malay, Indo and Hong Kong style prices available, plus traditional American, Decimal and Fractional ones. That just leaves the matter of a betting app. Just like we found in our Fun88 review, there is no SponsioBet betting app, but the mobile site works just fine on smartphones and tablets.

Payments - Is SponsioBet genuine for payments?

What of the payment methods available for funding your bets? This SponsioBet review reports that credit cards can no longer be accepted by any sportsbook who wants to keep hold of their license to operate in the UK. You can, however, use Discover and Diners Club card, plus all the leading brands of debit cards there. We’re talking about JCB, Maestro, MasterCard, Solo, Switch and Visa, if you want to make a deposit.

But your options don’t stop there, as eWallet services including EcoPayz, Euteller, PayPal, PaySafeCard, PayviaPhone and Trustly are also open to you. Just remember that certain eWallets aren’t compatible with offers attached to deposits. In the case of SponsioBet, it’s Skrill you want to avoid if you want that welcome bonus. Check out a detailed list of all deposit and withdrawal options by clicking the link in the footer of the SponsioBet sportsbook.

Small fee for withdrawals

Is SponsioBet legit for withdrawals? You can bet in three of the world’s major currencies on the site. In addition to Great British pounds sterling (£), if you so wish, you can wager in US dollars ($) or Euros (€). Be aware that withdrawals include a £2.50 processing fee each time you want to take money out of your account. Different operators take different approaches to fees, so check out our Ole777 horse racing review and 32red sport review to see how they do it by way of comparison. As with deposits, there are options within the Cashier icon once clicked, which allows you to manage the funds you have in your SponsioBet account.

Some methods of withdrawing money are faster than others. Bank transfers remain the slowest in a range of between 4 to 10 business days. Debit cards are quicker at between 3 to 10 business days. The ewallet services provide the fastest means of getting money out with PayPal the same as debit cards, while EcoPayz and Euteller take just 3 business days. Neteller and Skrill are quickest of all, taking just one business day to transfer funds to.


Customer Support - Decent SponsioBet rating for support

Is SponsioBet genuine in its customer service? Customer service is something you expect, but hope never to use when betting. If you do need help, however, then it may interest you to know that the SponsioBet rating is high in this area. Customer support is on hand for 16 hours each and every day from 8am through until midnight. This will help to push up our SponsioBet rating. The customer service staff work to Greenwich Meantime (GMT), so remember there is a difference between that and British Summer Time (BST) in the UK. SponsioBet has online web chat, a web query form and email services that you can use to contact them. The support staff are friendly and knowledgeable about the betting (and casino) services offered on their platforms. You won’t find a contact number anywhere, though, as they operate out of Malta.

Is SponsioBet legit for customer support?

The SponsioBet sportsbook is available in English, French and German, so you can read the FAQs in one of those languages to find answers to things people often ask. If you can solve your query through this by tracking down the solution, then that saves you sending emails or using live chat. The only thing about the FAQs which does need addressing is they are largely about the casino platforms. We could give an even better SponsioBet rating for customer service if there was more information about the sportsbook.

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License & Security - Is SponsioBet legit?

The people behind SponsioBet are registered in Malta, the island in the Mediterranean Sea which has become a real hub for betting and online gambling. As a result of that, it is reasonable to expect good service from them when using their services. Our SponsioBet review doesn’t take it easy on them just because they are the new guys.

ProgressPlay Limited are the force behind SponsioBet. So is SponsioBet legit in its licensing? It holds licences to operate in Malta via the Malta Gaming Authority and in the UK courtesy of the UK Gambling Commission. The fact that both of these bodies give their seal of approval means a great deal. This SponsioBet review wouldn’t exist if they weren’t licensed, as Horsebetting.com only features legitimate betting operators on our site.

Protecting you while you bet on the sportsbook is the industry standard 128-bit Secure Socket Layer (SSL) encryption technology. These servers set behind firewalls help to keep your information and any money in your SponsioBet betting account safe. This allows you to place bets with peace of mind and the clear commitment made them towards ensuring that can only be a good thing.

UKGC - UK Gambling Commission
MGA - Malta Gaming Authority

Rewards & Loyalty Program

There is a VIP Club with this operator that our SponsioBet review draws to your attention here. There are five levels to the club with everyone starting off with access to Bronze. Each £16 you bet on their site equates to one VIP point. The total of points accumulated in the previous three months determines what level of VIP you are.

To access Silver, a level up from bronze, you need to have 500 VIP points or more. Regardless of levels, you have access to customer support and the SponsioBet newsletter issued digitally every month which may contain promotions and bonus codes which aren’t advertised elsewhere. One up from Silver is Gold and that is where the perks start coming.

Great VIP club found in our SponsioBet review

A Gold member of the VIP Club has 1000 points behind them and access to what is called VIP customer service. It’s not clear if you receive preferential treatment over those on lower levels or what precisely this entails. Platinum is the second highest level with a minimum of 5000 points needed to access it.

What Platinum members get are some birthday presents and a VIP support hotline. It does seem a little strange that telephone support isn’t available to all customers, but the operators behind SponsioBet being based in Malta may have something to do with this. Diamond VIP status costs 10000 points, but that involves gambling £160,000 in a three-month period.

You get a personal account manager, personalised gifts and an anniversary bonus for being the most elite of VIPs. You do have to be a very high roller indeed in order to access Diamond level. Now that we have dealt with these general topics, it’s time to move on the specifics of our SponsioBet horse racing review.

SponsioBet Horse Betting

Horse Betting Markets

As this is a specific SponsioBet horse betting review, when it comes to looking at odds, markets and bet types, we use that particular sport as a prism for gauging how good the sportsbook is. This all comes together when forming conclusions about their offering. Each area of inquiry contributes to the overall SponsioBet rating awarded. That should put you completely in the picture as we now delve into the provision of horse racing.

This is where our SponsioBet rating sadly starts to suffer. You will only find markets for horse racing in the USA available on the sportsbook at the time of writing. Given that the results tab contains events all over the world, it is to be hoped that betting for other regions, chiefly the UK and Ireland, open up in the future. That is a matter for tomorrow, though.

In putting this SponsioBet horse betting review together, we are concerned with what there is to offer a British audience. There isn’t much right now, and the provision of American horse racing is only available on the day of the events. That means no ante post or future markets. There is room for major improvement here, but there are signs that it’s coming in the future.

Horse Racing Odds at SponsioBet

While the choice of markets to bet on may not be great, the absence of UK and Irish horse racing from this sportsbook means no best odds guaranteed. In order to earn a better SponsioBet rating, that must be brought in when expanding their horse racing service. In terms of bet types, you can place multiples and combination bets with the helpful combo calculator handy for figuring out a stake plan for accas and exotic wagers.

Is SponsioBet genuine in its betting odds?

With such good licensing credentials our SponsioBet review was surprised by the lack of UK and Irish horse racing. However, we are looking at a sportsbook less than a year old from the perspective of horse racing. There are already odds available on a wealth of other sports that appeal around the globe. Foundations are in place for SponsioBet to build on with horse racing and we hope that they make use of them.

Betting Limits on SponsioBet

One area where we would like to be able to give you more clarity in our SponsioBet review is betting limits, but these are something of a mystery. The FAQ section of the site is all about the casino platforms and not the sportsbook. It would be useful if it was easier, or even possible, to track down just what the betting limits are for horse racing wagers.

SponsioBet Horse Racing Review in Summary

While the SponsioBet rating is impacted by embryonic horse racing coverage, everyone has to start somewhere. We anticipate plenty of growth in their provision for this sport in the times which lie ahead. You don’t go to the effort of building a system calculator for combo bets without some future intention of having a wider use and application of it.

Nonetheless, this SponsioBet review can only draw its conclusions on what is available today, not what might be tomorrow. The fact that horse racing betting from all over the USA, one of the biggest countries in the world, is available on the site is a step in the right direction. More is needed in order to get a more favourable score. While you’re about it, why not check out the 21Bet review and TLCBET review see how those firms compare to SponsioBet?

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Final Thoughts for our SponsioBet Review

So, there you have it. That is how we have arrived at the SponsioBet rating given. Is SponsioBet legit? This online sportsbook is well on the way to being like BetStars or 138.com. Further development is necessary until we are talking about SponsioBet in similar terms to Unibet, 888sport or one of the other big online bookmakers. That is a fair assessment of where they are right now.

Is SponsioBet genuine? Our SponsioBet review highlights good customer service on what is a fully licensed and secure sportsbook that is very mobile friendly indeed. Primacy is given to live betting, but horse racing results still have their place among all the in-play action. Their VIP Club rewards high rollers who like to bet big and the sign up offer means you get something for making a deposit. Bettors should watch SponsioBet’s future growth with interest, and also check out the Spreadex review to see how the service compares.

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UKGC - UK Gambling Commission
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SponsioBet Review FAQs

❓ Who owns SponsioBet?

All online bookies are owned by someone. It may be a huge gambling group with many properties and websites, independent operators or those who collaborate with others but behind every firm, including SponsioBet, there is an owner. To find out more about a sportsbook like their and how it compares to other betting sites, Horsebetting.com have conducted a range of bookmaker reviews which includes this information.

💰 How do I withdraw from SponsioBet?

As reluctant as they are, all bookies are obliged to let their customer take funds out of their betting account after having some winners. If you have beaten the odds, then expect to find a range of withdrawal options. To discover what these are for SponsioBet and other firms, a visit to Horsebetting.com where all the major horse betting sportsbooks can provide the answer.

🏇 Are SponsioBet best odds for horse racing?

If a bookmaker offers horse racing betting odds, especially for UK and Irish meetings, then best odds guaranteed is something of an industry expectation, That goes for SponsioBet or any other operator. The principle is simple. Back a horse and if its starting price is bigger, then you get paid out at the greater odds. The best odds in horse racing is an award category on Horsebetting.com, so find out there if SponsioBet are in the running for it.

SponsioBet Horse Betting Bonus
Deposit £10 Get £10
Go to SponsioBet Horse Betting
  • Sign up, deposit £10 & get £10 bonus
  • Brilliant range of viewing options
  • Fantastic coverage of US horse racing

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