With the Cricket World Cup kicking off in ten days time, Sportingbet has launched a 50% winners bonus from now until the tournament kicks off.
To be eligible for the bonus, place a wager of $10 on more on the ICC World Cup winner. If your bet wins, you will receive a 50% winners bonus into your account, which you only have to turn over once before being able to withdraw the funds.
These odds definitely make Sportingbet the best place to make a punt on the World Cup winner. Based on the assumption that the new effective odds are 1 + (odds – 1)*1.5, you can now get 5.125 instead of 3.75 odds on the tournament favourite, India, to win. Similarly, you can effectively lock in odds of 7.75 instead of 5.50 on Australia.
For those who are looking to commit arbitrage by using this offer in conjunction with a lay bet on Betfair, just remember that you have to turn the winner bonus over at least once, so it’s not entirely a risk free strategy.
If you’re looking to follow the Cricket World Cup online, the official website is here. My favourite website for following the cricket is ESPN cricinfo. they offer ball-by-ball commentary and a plethora of stats. You can even view a graph of the perceived probability of victory for each team, as based on live bet365 odds.
Some notes on the Sportingbet promotion:
– Only the first bet placed on the eligible market will receive the bonus. Multiple bets placed on the same market will not be eligible for the Offer. Limit of one bonus per member per game
– The 50% winners bonus is capped at $150