Sporting Index £50 to get you started
Sporting Index New clients get £50 (non with-drawable) to bet with. Keep what you win. Any losses over £50 are your liability. Market restrictions and 7 day time limit apply. Account opening subject to suitability checks. Spread betting involves risk. Losses can exceed deposit. Full Terms and conditions apply 18+
What is Spread Betting
Sporting Index make predictions on various aspects of sporting or topical events. You then decide whether that prediction has been pitched too high or too low. What you then win or lose depends on the stake you choose and how right or wrong you are. If you agree with our prediction, you wouldn’t bet.
How does spread betting differ from fixed odds betting?
With spread betting you can make better use of your sporting knowledge than with fixed odds. With fixed odds betting you have a simple ‘win or lose’ scenario and you know exactly how much you will win or lose as soon as you strike a bet. With spread betting, how much you win or lose is determined by how accurate you are. There are a lot more than just two scenarios with spread betting and the more right you are, the more you win. By the same token the more a result goes against you, the more you can lose.
For example, Sporting Index are offering a market on the number of corners in the Real Madrid v Manchester United game. Our prediction is 10.5 – 11. You decide there are going to be more than 11 corners, so you buy at 11 for £5.
10 COMMANDMENTS OF SPREAD BETTING
1. Do your research
There will always be a percentage of surprise results in any sport, but it does no harm to check the statistics (or the ‘form’ as it is often called) and do your homework. Take a football game you are considering having a bet on. Have you checked the probable line-ups of both teams? Do you know what record the referee has with brandishing cards? And what is the history of a particular fixture – is one team the other one’s bogey?
2. Watch the weather
A muddy pitch and windy weather can equalise the skill levels between seemingly mismatched football or rugby teams. Cloudy skies can quickly give a fielding side the upper hand in a cricket game. Heavy ground may render the form book valueless in horse racing, and some fair weather golfers only produce their best when the sun is shining!
3. In-Play or not?
If an event is live on television not only will we be offering our unrivalled in-play service with a whole host of great markets, but it also allows you to watch the action as it unfolds. Check out our In-Play page.
4. Stay in touch
Try to keep in touch with the event you are betting on, and monitor the changes to our spread markets in running. Remember; if you are away from you PC, you can always Spread bet the smart way with Sporting Index Mobile.
5. Don’t be afraid to close
It can be very tempting to close a trade that’s going well for an early profit but leave one running that’s going badly in the hope that things will get better. Always consider cutting your losses as well as taking a profit.
6. Play the bookmaker
Imagine you had to price up a particular market. Would you go higher or lower than the prices on offer? You can then see if we have a difference of opinion from your original view.
7. Know your markets
Spread betting isn’t just about how much one team will beat another by, or where a horse/golfer/driver will finish. Get to know all the different markets through the ‘i’ icon located next to each market.
8. Control your risk
Always calculate how much your worst-case scenario could cost if your judgment turns out to be completely wrong.
9. Don’t be afraid to start small
You can get the hang of it all with stakes as low as 5p a point. Then of course as you build confidence and understanding you can increase your stakes to whatever level you are comfortable with.
10. Still uncertain?
Consider a Sporting Index stop-loss account where your downside and upside on any bet is capped. Or give a Demo account a try – All the thrills and spills of a real account for a 14-day trial period.
Spread Bet On Other Sports And Betting Markets
American College Sports
Spread betting carries a high level of risk to your capital and can result in losses larger than your initial stake/deposit. It may not be suitable for everyone so please ensure you fully understand the risks involved.
About Sporting Index
The pioneer of sports spread betting, Sporting Index was founded in 1992 – with just five members of staff and 50 clients in the UK. It has been at the forefront of the sports betting industry ever since.
Sporting Index’s B2C business continues to grow in the face of a fiercely competitive online betting market. The company offers spread bets on a wide variety of sports, on political and showbiz events, as well as a portfolio of unique virtual games and a online casino. Clients transact 24/7 via its mobile phone applications, websites and a voice telephony service. Sporting Index prides itself on striving to deliver an unrivalled level of customer service.
Sporting Index is authorised and regulated in the UK by the Financial Conduct Authority and the Gambling Commission.