SportsBroker Sign Up Offer: Bet £10 & Get A Free £30 Bet

Offering a completely different way to bet, SportsBroker, which was formed in 2021, invites customers to bet against each other on the value of English football teams and on the outcome of football matches using the pools betting system, where putting your money down on unpopular selections can pay great dividends. Let’s look at their welcome offer and what else you should know about these innovators.

SportsBroker Sign Up Offer Explained

The SportsBroker welcome offer is a simple one, but should be separated from other welcome offers providing free bets. New customers will get £30 in free bets when they sign up and bet £10.

SportsBroker Sign Up Offer Terms and Conditions

All welcome offers have certain terms and conditions that affect how you go about claiming the bonus and what to do with it once you have it. Here are the most important ones for the SportsBroker welcome offer. 

• This promotion is available to individuals in Great Britain, aged 18 years and over who register as customers of SportsBroker on the new application between 1 November 2024 - 31 January 2025.
• SportsBroker may, at its absolute discretion, restrict who is eligible for this promotion.
• To participate in this promotion you must complete the registration process at SportsBroker, deposit a minimum of £10 and place £10 worth of bets. You will then receive free bets worth £30 once the £10 worth of bets have been settled. 
• In order to unlock the New Customer Bonus, you must first wager a minimum of £10 on one or more Bets. You must then wager (a) the entire New Customer Bonus and (b) the entire winnings from the New Customer Bonus at least three times before any winnings from the New Customer Bonus can be withdrawn.
• Your New Customer Bonus balance (“Bonus Balance”) will be displayed separately to your deposited funds balance (“Deposit Balance”).
• Once you have unlocked the New Customer Bonus, your Bonus Balance will automatically be used.
• Should your free bet(s) result in a win, half of the money won will be added        to your Bonus Balance, which must then meet the wagering requirements set out above. The other half won will be added to your Deposit  Balance, which can be withdrawn straight away.  
• Any bonus funds that have met the wagering requirements will then become deposited funds and can be played, or withdrawn. 
• The New Customer Bonus must be used within 30 days after which the New Customer Bonus will expire and cannot be wagered.

How to Claim the SportsBroker Sign-Up Offer 

This SportsBroker sign up offer is somewhat different to the typical Bet £10 Get £30 welcome bonuses. Follow these steps and you won’t miss out. 

1. Download the SportsBroker app on your Apple or Android device
2. Register your details to create an account
3. Deposit a minimum of £10 and place a single bet for £10 to activate your £30 bonus.
4. To start betting, select a game from the matches list, study the upcoming matches and also the size of the team’s pool. Once you’ve decided on a team to back, click on them and place your bet.
5. Remember that winnings from the free bet must be wagered through 3x times before you can withdraw them so make sure you do so, paying attention to the fact that their wagering requirements work differently to most other betting sites. 

And let’s round off this section with a quick guide on how pool winnings and the site’s commission are calculated. 

If you win then your team pool wins 70% of the opposing team’s pool. Lose and the opposing team takes 70% of your team’s pool. A draw can win you up to 30% of the opposing team’s pool based on stats.

Winnings are paid immediately after each match to your SportsBroker account balance, with the firm taking 20% of any rise in value of the winning team’s pool.

How You Can Use the SportsBroker Sign Up Offer in January 2025

At SportsBroker, bets aren’t placed at fixed odds like they would be at a regular Sportsbook. As we know, the laws of supply and demand determine what amount of the prizepool you keep if your selection wins, based on the popularity of your selection.  So no odds are included in the example below, but the same principle still stands.

Do you Require a Promo Code to Claim your SportsBroker Sign Up Offer?

With this platform being app-based and unique in its own right, the promotion is applied automatically meaning there is no SportsBroker promo code to remember or assign when creating an account.

SportsBroker Existing Customer Promotions and Regular Offers

Due to SportsBroker effectively being an online trading platform, they operate in different ways compared to the more traditional betting firms. That means they don’t offer many ongoing promotions for existing customers. 

Instead, the company prefers to exploit the fact that it operates in a somewhat unique way. There will be plenty of fans of traditional fixed odds bookmakers who will make note of strong welcome and ongoing offers available, while those who prefer betting exchanges know where they can bet in that manner. 

SportsBroker is of course a website designed for pools betting so they’re banking on some customers wishing to bet that way and being loyal, rather than giving out offers that reinforce that loyalty.

Refer A Friend

Using their unique referral code, bettors can refer a friend to receive a bonus. Once validated, both the referee and the friend can enjoy a £25 in bonus funds.

How does SportsBroker’s New Customer Offer Compare with Other Bookmakers?

Although SportsBroker is a different type of betting platform, it’s still important to consider what they give out as a welcome offer compared to some of the UK’s best betting sites. Here is a breakdown for you to compare a range of welcome offers from popular operators in this space:

Our SportsBroker Review 

As a new SportsBroker user I was thrilled with the product. As mentioned previously, it’s crucial to note that this isn’t your run-of-the-mill sportsbook betting operator, but instead is a platform which offers players a unique experience tailored to betting with intelligence and knowledge. I found the website to be incredibly user-friendly, providing plenty of detail about the experience to inform new users before starting. I appreciated that trading was conducted peer to peer rather than against SportsBroker as this incorporated an element of human psychology to my betting as well as relying on my football knowledge.

SportsBroker Key Sportsbook Features: What Makes Signing Up Worthwhile?

SportsBroker has a strong list of features that help them stand out from the competition.

Share System

As an online trading platform at its core, customers can buy virtual shares in football teams from the Premier League and Championship, with the price of those shares going up or down depending on each team’s performance. 

A parallel can be drawn between this type of betting and financial investments. Just like a ‘day trader’ may look to buy and sell shares in a team on a short-term basis by selling them a week or so after buying them if they rise in value, so a long-term trader may look to buy shares in a team here at SportsBroker and hold onto them for much longer with even bigger profits in mind. 

In other words, investors from different spheres may apply their own investment style here thanks to the site’s unique business model.  

Peer to Peer Trading prevents opportunities 

Instead of competing against SportsBroker directly, users are trading peer to peer meaning that you win money when someone else loses it.

This will all be of particular interest to the punter who decides to go against the crowd. For example, backing Fulham to beat Manchester City away from home may pay out at 12/1 with the fixed-odds bookmakers but if by backing Fulham on the SportsBroker market you’re very much in the minority, the payouts may prove to be considerably bigger than ‘high-street’ price of 12/1, should they go on to win. 

Another point is that bookmakers are often better informed about betting markets than the punters as a result of having more resources at their disposal than the average punter: both human ones, and in the form of software. If beating the bookies may at times seem nigh-on impossible, then beating other punters may seem more achievable. 

SB Guarantee

One of the great frustrations that customers at betting exchanges have is a lack of liquidity.

That means that if there aren’t enough customers putting money on both sides of the market- the back side and the lay side - the result is an absence of fair odds and an inability to place big bets at those odds, because there simply isn’t enough money on the ‘other’ side of the bet waiting to be matched.

This could be a very real problem here at SportsBroker, too. But it’s not, because of the SB Guarantee. 

That means that on the smaller matches that don’t naturally attract much interest from punters, SportsBroker provides some liquidity of its own just to ensure there’s a minimum guaranteed prize pool to play for on every match. 

The SB Guarantee does not affect the odds as such, but guarantees a minimum pool size.

Flexibility

Their system is flexible and convenient for players, allowing customers to buy and sell shares at their own discretion without any external pressure or influence.

SportsBroker In-Play Betting

The matches offered by SportsBroker to bet on across different sports are also offered in-play and work in exactly the same way as when offered pre-match, meaning the odds are constantly changing. That’s just as they would be at a fixed-odds bookmaker but with the odds changes here being established by which team (or the draw) customers are betting on the most. 

Sports You Can Bet On at SportsBroker

At SportsBroker it’s mostly about the football with matches from all over the world, including the Premier League, Championship, Champions League, Europa League, FA Cup, MLS, J1 League, Eliteserien, Euros and Internationals.

That said, basketball, NFL, cricket and tennis are also available but it very much depends when they offer matches from these other sports and what sort of events within those sports they choose to make available.

What Betting Markets are Available at SportsBroker?

In the vast majority of cases, it’s just the match winner market, whether it’s for football, basketball, NFL or other sports. 

The reason is simple: offering too many markets for the same match would stretch the market liquidity too far, leading to not much money being in any market at all. The same is true of SportsBroker’s SB Guarantee because it would be difficult for them to offer that guarantee across five or six markets on each match, rather than just one.

Banking With SportsBroker

Payments, both in and out, are simple at SportsBroker. Options are limited to VISA and Mastercard debit cards at the moment. However, this makes for a very streamlined process and avoids any confusion related to qualifying deposits.

Still, it would be nice to see SportsBroker becoming a PayPal betting site, or a Skrill or Neteller one in the future. Most betting sites appreciate the speed, ease of use and extra anonymity that comes with e-wallets so offer at least one of those, in many cases three or four.

SportsBroker Deposit Methods

The minimum deposit both in general and to qualify for your SportsBroker free bet is £10. Maximum deposit and playing limits can be set by the user on a daily, weekly or monthly basis, ranging from £10 to £100,000.

SportsBroker Withdrawal Methods

The same applies to SportsBroker’s withdrawal process. £10 is the minimum withdrawal amount that can be issued, while there is a maximum cap on sums of £100,000. The SportsBroker withdrawal time is 3-5 days which is standard in the industry, although this can be quicker depending on which bank you use.

Does SportsBroker have a Mobile App?

Yes, SportsBroker has a mobile app which is very good. Both Apple and Android users have access to this on their mobile devices. Although the website is simple, the translation of this to the company’s mobile app is incredibly well thought out. I felt like it was designed from a user’s point of view as the interface was designed flawlessly and loading times were minimal.

Responsible Gambling Features

Clicking on the Safer Gambling tab at the bottom of the page takes you to their Responsible Gambling page.

It includes tips on considerations to have in mind when gambling to keep it safe and under control and explains what the different responsible gambling tools are and how they work. Such as setting deposit limits, Time-Outs, self-exclusion and blocking access to gambling websites entirely.

At the bottom of the page they also supply links to different charities that can help you - such as Gamblers Anonymous and BeGambleAware - if you feel you have a gambling problem and wish to speak to a professional about it.

Is SportsBroker a Trustworthy and Safe Brand?

Without much advertisement or word of mouth at this current stage, you might be wondering whether SportsBroker is a trustworthy brand. I am pleased to say that they are someone who should be considered to be safe, displaying all of the relevant safer gambling tools on their website despite being an uncommon gambling product. They are also licenced and regulated by the UK Gambling Commission - the same as any other reputable gambling firm.

The latter means that in order to keep their license, they need to tick certain boxes such as having high levels of security on their site, anti-fraud and money-laundering checks in place, Directors who have passed fit and proper tests and an adequate supply of funds put aside to pay out on all winning bets.  If they didn’t do all these things, they’d no longer have their UK Gambling Commission License.

SportsBroker Customer Service

I must admit that customer service was one aspect where I felt SportsBroker was lacking. It’s key to note that the company is still in its infancy having been founded in 2019.

However, for a product that requires a lot of understanding from the customer before gambling, they should have a stronger support system in place. The lack of telephone communication is a shame because some of the more complex aspects of pools betting might be difficult to explain solely using Live Chat, the only method of communication available to contact their Customer Service Team other than e-mail, which wouldn’t be of much help either in some circumstances. 

But if they’re not going to offer a phone service in the short term, they could certainly consider making some more FAQs available.  If you go to the Help section, there’s a search box that you can enter words into in order to find relevant articles. 

This is common practice at any betting sites with articles available specifically on such things as deposits and withdrawals, betting rules, bonuses and so on. 

Unfortunately, the only articles that pop up when you enter keywords are ones about Responsible Gambling (see above) which are thorough and informative but that’s pretty much the only subject they cover in adequate detail. 

Though there is a page that explains how pools betting works for complete novices, including how they calculate their commission on markets, they could have done a better job of breaking that article up.

A series of such FAQs, including other aspects of betting, would no doubt save them plenty of time in the long run and let’s face it: it’s not that hard to do.

Our Experience Using SportsBroker

In this SportsBroker review I am pleased to share that the company offers a fantastic product that I cannot recommend enough. As a punter I found both the website and the app very simple and easy to use, designed with the user in mind. Keeping tabs on the teams in my portfolio was a great feature, giving me access to a wealth of information on my investments. 

Key to whether it’s the right type of betting site for you will depend solely on how open you are to try a form of betting that’s completely different to the mainstream one found at fixed-odds bookmakers. Personally, I am, and though I was completely new to pools betting, their section on this was just about enough for me to understand how it works, including calculating how much you’ll win depending on how popular a selection is, and how the betting site works out its own commission.  

Out of interest, I placed the same three bets for the same amount across three football matches both here and on a fixed odds betting site and assuming they had all won, the payouts would actually have been bigger here in two of the three, even after the site took its commission.  

I prefer the match betting side of things to the chance to invest in teams just because I felt that was an area I knew more about, but it’s nice that both are on offer. 

Having said all that, if you’re expecting this to be a pools betting version of a top Sportsbook, you’re going to be disappointed. They have far less sports to bet on, only offer the match winner market, don’t give out bonuses beyond the welcome offer, lack any live streaming, don’t offer Cash Out or allow you to place any accas.

Whereas some of these features aren’t practical to have at a pools betting site, some are, so let’s hope they can add them at some stage.

The advice is therefore to hold an account here in addition to at other fixed-odds bookies. That way you can use the other ones for betting on numerous markets across different sports and have all the extra frills, while using this one for peer-to-peer betting when it’s best to go down that route.

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