By Dean Smith on 2nd February 2024
New UK customers only. Min £10 first deposit using Debit Card. Place a bet of £10 at min odds of 1.5 to get £30 in Free Bets. For new Ireland and Malta customers only. Place a bet of €10 at min odds of 1.5 to get €40 in Free Bets. Free bets are credited upon settlement of qualifying bets. Distribution of Free Bets may vary depending on territory. 18+. BeGambleAware.org. Full T&Cs apply.
Launched in 2019 by Smarkets, SBK is one of the fresher-faced online sportsbooks to grace the UK market.
Taking the foundation of Smarkets, one of the largest betting exchanges in the world, SBK offers a unique package that data-orientated sports bettors will truly welcome. With a platform full of features, it’s a sportsbook like no other that we really appreciate.
To sweeten that first sign-up, new players are given the chance to claim up to £30 free bets from their first qualifying deposit for a limited time only. Check out our review of SBK and find out everything you need to know about the cashback welcome offer in our review below.
This is one of the best value new customer offers on the market right now as not many sign-up bonuses allow punters to get £30 in free bets from one of the UK’s best new betting sites.
We’ll be using SBK’s welcome offer to place some ‘correct score’ bets this week in order to try and earn some profit.
All odds are correct at the time of writing:
New UK, IE & Malta customers only. Min £10/€10 first deposit using Debit Card. Place a bet of £10 at min odds of 1.5 and get £10. Further £10 credited after 7 days and a further £10 credited after 14 days. 18+. BeGambleAware.org. Full T&Cs apply.
The SBK sign-up offer gives new bettors to claim up to £30 free bets when opening their account and depositing the minimum of £10.
There’s no SBK bonus/promo code required for bettors to use when opening their account or depositing with the cashier, it’s just a simple case of clicking the link to access the promo landing page to claim the offer.
There are, as with every welcome offer available at every sportsbook, a number of important terms and conditions that bettors should make themselves aware of before committing to claiming the welcome offer.
To begin, new bettors should note that the first deposit must be made by either Instant Bank Transfer, card or Trustly, any other banking methods available (Skrill, Neteller, PayPal or a virtual/prepaid card) will not qualify for the SBK sign-up offer. This deposit must be a minimum of £10 in a single lump sum, smaller increments to make the total of £10 will not qualify.
Once the customer has then placed a £10 bet at minimum odds of 1.5 they will be credited with a £10 free bet – with a further £10 credited after 7 days.
The rebated funds can be withdrawn once a bettor has wagered the full qualifying deposit value. Any funds that are not claimed within 7 days are to be forfeited from the player’s account.
It’s super simple, quick and easy to claim the SBK welcome bonus, although bettors should note that this is a task that must be completed on mobile or tablet as SBK cannot be accessed on desktop.
First up, new bettors looking to join SBK should click the link to head over to the SBK landing page and check out the offer for themselves.
Here new bettors can not only find the welcome offer but the top features of the SBK sportsbook.
Once players are happy with the information that they’ve found on the promotion page, the next step is to download and install the SBK app to their chosen device.
There are three options to choose from depending on the type of device owned by the App Store, Google Play and APK Android. Once an option has been chosen, players should follow the instructions on-screen to install the application.
Following the complete installation, players are then able to create an SBK account that they will use to log in with whenever they are looking to place a sports bet with the sportsbook.
Bettors that already have registered an Smarkets account can use the same credentials to access the SBK app. Otherwise, a new account should be created by following the instructions on-screen and filling out the personal information required.
Once an account has been opened and verified, bettors are then able to make their first deposit at the SBK sportsbook.
A minimum of £10 is required to qualify for the welcome offer which must be made as a single deposit by either Instant Bank Transfer, card or Trustly. Once processed, you must place a qualifying bet of £10 at minimum odds of 1.5. You’ll then be credited with a free £10 bet, followed by a further £10 free bet after 7 days.
When opening a new account with SBK bettors are required to enter their personal information, permitting them to legally place sports bets. The account creation process is simple with bettors required to enter the following information when creating their account:
Account verification checks are typically automatic at SBK, but some players may be required to provide additional documentation to verify their age and/or address.
For proof of identification, bettors are able to use a passport, a driving licence with a photo or a national identity card. For proof of address, bettors are able to use a Bank, Building Society or Credit Union statement or Utility bill dated within the last 3 months, or a tax bill/council tax bill dated within the current year.
SBK is one of the more unique sportsbook offerings out there with a range of features that other top UK sportsbooks just don’t have.
One of the big differences between SBK and alternative sportsbooks is the fact that the brand is mobile-only. Bettors on laptops and desktops are unable to access the betting markets and a mobile app must be downloaded to create an account, get logged in and place any sports bet with the brand.
This is a brave move from the sportsbook but it’s a smart move that gives players the best possible experience. It’s this app-only access that gives players the chance to use both the SBK Price+ and the social network features offered.
The SBK brand believes in transparency, so much so that they make an effort to highlight just how good their odds stack up to the competition using SBK Price+.
The odds of SBK are typically improved over the traditional sportsbook due to their policy on bookmaker margins. SBK does not take a bookmaker margin, meaning the available odds offered can be better, allowing for players to receive bigger payouts when they bag a winner.
Price+ makes no secret of this and gives users a percentage of bets for the event that manages to beat the competition. SBK pitches its odds against big names in the industry to generate these figures including Bet365, SkyBet, Ladbrokes, William Hill, Unibet, Coral, Betway, BetVictor and Paddy Power.
If users spot a green triangle on any of the available bets, that means that SBK has the best odds for that particular option.
SBK is not just a sportsbook, but a sportsbook social network – one of the most unique features that we’ve seen with any brand.
SBK allows bettors using the app to follow other users including their friends, the biggest winner and the biggest losers that allow their accounts to be accessed. Bettors can share tips, show off their activity and see how they stack up with their friends with the unique social aspect of SBK.
It’s these features that really separate SBK from the competition.
The list of negatives that we have about SBK are small, but there is one gripe that we do have about the sportsbook.
Aside from the welcome offer, there is minimal promotions and bonuses available for bettors to claim when betting with the brand. We do think that this is an area that SBK is working on, but it’s one that we really would like to see improved in the near future.
The SBK sign-up offer is one of the best sportsbook offers available for players to claim online today.
Unlike a large number of their competitors, SBK doesn’t enforce a large wagering requirement or prevent the return of bonus funds when staked. Instead, the cashback offer is a clear-cut, simple and effective welcome offer that allows new bettors to experience the app with less risk than they would typically incur.
The sign-up offer is one of the very few promotions that is offered by SBK and although it is a fair bonus for new players, existing members might be a little frustrated by the lack of available promotions.
We do, however, believe that SBK has noted this and are in the process of building the number of promotions available for existing players.
An overview of the contact and regulation information of SBK can be found in the table below, showcasing both the licenses and general information of SBK and the Smarkets Limited company.
It’s the features available at SBK sportsbook that really sets the brand apart from the competition with a range of exclusive elements that bettors are huge fans of.
The SBK sportsbook offers an extensive range of betting markets with a huge range of different sports available.
The most popular sports including football, horse racing and golf are offered alongside some lesser-frequented activities including esports, swimming and cycling. The markets can be accessed and navigated by heading into the app and finding the sports of interest.
The markets are also complete with some of the best odds available thanks to the Smarkets approach to the sportsbook, cutting out the bookmaker’s margin. The brand also believes in transparency and using the advanced algorithm of which Smarkets is built upon, gives the rating of any bet in comparison to the competition with Price+.
One of the unique features of SBK is the mobile-only approach that the sportsbook has taken, removing the capabilities of players looking to wager in-browser from their laptop or desktop computers.
The decision to go mobile-only may be semi-controversial, but the results of going all-in on the mobile app are immediately noticeable. Once downloaded, the app is one of the top sportsbook apps that we’ve had the pleasure of using offering a clear, intuitive design that works fantastically.
The layout of the mobile app is simple, allowing bettors to quickly access the markets and menus that they are looking for. The app also effortlessly incorporates additional SBK features including the ability to follow other players using the sportsbook and to view the best possible price on any market.
Bettors looking to place wagers on the action as it unfolds are able to do so with the in-play markets offered by SBK.
Accessed from within the markets, the in-play betting options span a range of different sports with a dynamic odds system that changes as an event progresses. Bettors are able to place wagers on these events that settle in real time.
Another rather unique feature for SBK is their Auto Acca. While a lot of bettors go into weekend knowing where they will place their money for the big football matches, some might be looking for a bit more excitement.
With Auto Acca, bettors can ask SBK to randomly select an Acca for them — built from three to five selections — across different sports. You can then choose to add to your bet slip, re-spin or star over and change the number of selections.
The payment methods are one of the most important areas of any online sportsbook and bettors will be pleased to find a great selection available at SBK.
There is a total of 10 different deposit methods to choose from at the sportsbook, although bettors looking to claim the SBK welcome offer are required to choose either Instant Bank Transfer, card or Trustly.
Table: Deposit methods available to players at SBK
The list of withdrawal methods available at SBK is just as impressive as the deposit methods, offering bettors a total of 10 different methods to withdraw funds from their SBK account.
Players should note that SBK uses a closed-loop system in which bettors are required to use the same withdrawal method as the deposit method used where possible. SBK offers fast withdrawals for most methods. See table below for exact processing times:
Have a question about SBK that you’re searching for the answer for? Check out the FAQ below and we’ll (hopefully) get to the bottom of it!
Does SBK have an active bonus code?
For the bet £10 get £30 in free bets offer available at SBK, new bettors are not required to enter any bonus code to claim the promotion.
Can I sign-up for SBK outside of the UK?
Yes, new bettors are able to sign-up to SBK outside of the UK providing that country of residence does not prohibit Smarkets. Further details can be found in the terms and conditions at the site.
When will my SBK account be credited?
Once players have completed the bonus qualification process, an SBK account will be credited with cashback following the settlement of any losing bets up to the total value of £10.
If I win using my SBK free bets, can I withdraw my winnings?
Withdrawals can be made once new players have wagered the total amount of their qualifying deposit in the SBK markets.
How do I contact the SBK customer service team?
There are a number of customer service contact points at SBK including Email ([email protected]), Twitter (@sbk), Facebook (@SBK.bet), Phone (+44 207 617 7413 (Customers only, 09:00-00:00)) and 24-hour live chat for logged-in customers.
Is SBK a trusted betting platform?
Yes, SBK is a trusted betting platform, operated by Smarkets with both a license granted by the UK Gambling Commission and the Malta Gaming Authority (MGA).