This was posted 16 years 11 months 7 days ago, and might be an out-dated deal.

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Sportingbet moneyback increased to $90

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Sportingbet moneyback increased to $90
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kcyw on 15/12/2007 - 15:34 secure.moneybackco.com (145 clicks)

With initial $30 deposit, you can also get $100 free bet at sportingbet. Note that you need to recycle the winnings from the $100 single free bet (as well as the initial $30 deposit) before you can withdraw all the money in your account. The minimum you set to gain is ($90-$30)=$60. The moneyback amount at MBC has increased to $90 from $45 (when I signed up).

There are quite a few steps to go through (open account, deposit money, show proof of identity, bet and bet again, withdraw, possible follow-up enquiry at MBC), so it may not be worth your time and effort. Obviously not recommended for people with little self-control when it comes to gambling.

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closed Comments

  • Steve on 15/12/2007 - 22:04

    Automatic tracking does seem a little hit and miss with this offer, but enquiries have been 100% successful to date.

  • Pyro on 16/12/2007 - 21:20

    I'm giving it a go, the $100 free bet is tempting as well.

    It'll take two months or thereabouts even with an enquiry?

    Pyro

    • kcyw on 16/12/2007 - 21:35

      Yes, about two months, just to be safe. I think mine took just over a month.

      Note, the free bet actually works where you don't get the principal back (not sure what the correct term is). So if you bet on something with odds of 1.2, you will get $20. Hope that's clear.

  • Pigey on 17/12/2007 - 21:48

    The correct term is 'original stake' or 'original bet'

  • Parge on 19/12/2007 - 07:12

    Sadly not that great an offer, Yeah as others said you don't get the Principal back (stake or ‘original bet’) plus when I wanted to do a bet on something I was actually interested in, I could only bet win (rather than line) so I was limited in what I wanted to do and couldn't do a multi - you know have more than one leg.

    In the end a very dissapointing offer:(

  • POWERevolution on 29/02/2008 - 23:44

    So if I sign up & deposit $30. I'll get $90 via MBC?
    I don't have bank account under my name but I have other ID so are they approve that?

    • [Deactivated] on 01/03/2008 - 02:17

      Not sure on the ID part - you may be best going to sporting bet and checking first - they have a 1800 number.

      Yes there are 2 parts to this offer.

      1. you deposit $30 - get validated and then you get $90 thru MBC - so if you do nothing else you net $60
        so really its $60 in your kip for free after waiting 2 months for this to be approved.

      2. you also get a free $100 bet, which if you are successful puts the winnings into your account. You only get the amount won, you do NOT get the $100 you bet. now the winnings cannot be withdrawn from your account.
        You have to bet this again, and then you can withdraw both the bet and the winnings from your account.

      eg Bet $100 and win $75. Bet $75 and win $75, so now you have $150 you can withdraw

      So to use the Free bet you have to bet twice successfully - so your odds against winning are much harder - BUT its a FREE opportunity AND its on top of the $60 you have made anyway.

      So if you look at the $60 as your benefit its still a great deal even with the wait, Pays for a lot of $3.95 Pizza's

  • POWERevolution on 01/03/2008 - 10:57

    Thanks ozpete! I'll give it a go as the footy is on :)

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