Sporting Index Spread Betting Review
Based out of the UK, Sporting Index are THE original spread betting firm. A few have come and gone, but Sporting Index have always been a constant, keeping their name relevant in an ever-changing betting landscape. Prior to the internet, the firm had a thriving telephone service, and their business expanded exponentially once they were able to get online. In this article, we look at all aspects of Sporting Index’s service, explaining spread betting and offering our opinion on whether bettors should sign up for an account with the firm.
What Does The Site Look Like?
Sporting Index’s website adopts a navy blue, white, grey and green theme. Customers can login at the top of the page and can find in-play and popular bets in the centre of the screen. There are banners down the left hand side of the page, giving customers links to the Spread Betting Training Centre, where customers can educate themselves on how to spread bet. The list of sports can be found on the horizontal bar across the middle of the page.
When customers click on a sport, there is a useful filtering tool which appears on the left-hand side of the page. Here, clients can search for their desired market by name, or they can choose from one of the different market types (offered in a radio button format). Sporting Index have an extensive results centre where customers can search back to see how their selections have got on.
Everything on Sporting Index’s website works very well and the company are clearly very experienced as the site is easy to navigate around, is intuitive and is aesthetically pleasing.
Those generous folks at Sporting Index have created a generous offer to attract new clientele to the world of spread betting – a princely sum of £50. How can customers take advantage of the sign up bonus? They just need to open an account and they will be credited with the £50 (which is non-withdrawable). The funds must be played with within 7 days and at the end of that period, any balance over £50 (net profit), will be left for the customer. This is really a fantastic offer for new customers – there isn’t any requirement for them to deposit any money to get started and with good luck and a bit of judgement, they may be able to make some decent cash to withdraw.
Currency and Payment Options
Sporting Index accept the big 3 currencies:
- Pounds Sterling
- US Dollars
Customers can use the following payment methods to deposit into their Sporting Index accounts:
- Debit card
- Bank Transfer
Customers should be aware that there is a 1.5% charge for payments via credit cards. Sporting Index do not accept American Express or some other international credit/debit cards.
What Sports Are On Offer & How Does Spread Betting Work?
Sporting Index currently offer odds on a total of 20 different sports, which falls slightly below the average number for an industry powerhouse, but as a firm who concentrate on bigger staking bettors, there isn’t much incentive for them to compile odds for niche and peripheral disciplines and events such as e-sports and pesapallo etc. They also completely remove sports from their list when there are no active markets, and as such the number can fluctuate.
The Sporting Index sport list is quite Euro and British centric, with football, horse racing, greyhound racing, tennis and cricket being the most popular sports. All the American sports are covered as well and bettors can also dabble in politics betting.
When selecting a football match, the most popular spread betting markets are;
Supremacy (effectively a handicap bet)
Win Index (25 points for a win, 10 points for drawing and 0 for a loss)
Spread betting can be complicated for some, but in reality, it is fairly simple. The more correct you are, the more money you make. So, for instance, in the Bournemouth v Middlesbrough match, the Total Goals line was set at 2.6-2.8. If customers want to sell (think there will be few goals in the game) then they will sell at 2.6. If they think there will be lots of goals, they will buy at 2.8 (the 0.2 margin is Sporting Index’s profit). For example, if a player buys the Total Goals for £10 at 2.8 and there are 4 goals in the match, he will net £12 (4 (actual goals) – 2.8 (expected goals) = 1.2 x £10 (stake)).
In other sports such as cricket, the swings can be quite big. Buying Total Runs in a game can be quite volatile, as the scores can vary wildly. The margins for most sports are similar and are very reasonable, giving bettors a fair shake of the dice.
Who Can’t Sign Up For A Sporting Index Account?
Sporting Bet are fairly cute in covering themselves in terms of restricted countries. They state that the website and services do not constitute an offer, solicitation or invitation to use spread betting or any other services that may be prohibited in an individual’s country. The only country they do mention explicitly that cannot bet with Sporting Index is the USA, and as such, it is generally up to the customer to determine whether spread betting is legal where they reside.
As one could expect with such an established betting operation, customer services at Sporting Index are very good. Clients have several ways of contacting the customer support, meaning that there will never be a lag between having an issue and getting it resolved.
Those who wish to call up, can reach Sporting Index on 08000 96 96 07 (UK) and +44 20 7840 4050 for overseas customers. The e-mail address is [email protected], or customers can use the live chat button that is nestled in the top right hand corner of the screen. For the tech savvy individuals who don’t mind their questions being answered in the public domain, Sporting Index have a Twitter handle; @AskSPIN and for the old school bettors who wish to use their pen and quill, the company can be reached by post at:
Sporting Index Ltd,
In addition to the contact methods, customers can find an extensive FAQ section (link is at the bottom of the page).
Sporting Index have a dedicated mobile app as well as a mobile optimised website which works with iPhones, Androids and other operating systems. Both apps are very solid. The mobile app allows customers to spread bet, anywhere, anytime. Customers can access in-play action, get a full range of sports, have full access to betting history and more. It is easy to deposit and withdraw funds through the mobile app and navigating around the website is straightforward.
The mobile dedicated app looks very similar to the desktop site. The list of sports can be found across the horizontal bar at the top of the page, with the in-play action in the centre of the page. Sporting Index utilise scrolling banners on the mobile app and even on the smaller screen, the resolution looks great and everything moves slickly. There is the option for customers to install the web-app icon by clicking on a pop up that appears on the screen.
The Final View
Sporting Index are the original sports spread betting firm, and they have done an exceptional job of maintaining their position as the pioneers of the industry. For novice to professional spread bettors, Sporting Index is the place to be and is recommended to all.
pros & cons
- Betting on most major sports
- High staking limits
- Very good customer service
- No conventional sportsbook odds