£100 Free Bet
The first thing to mention is that Sporting Index are not a traditional fixed odds betting site such as the UK giants you see on the high street, but rather they are a spread betting firm. Spread betting rewards the accuracy of your prediction, so you don’t necessarily just win or lose with a fixed stake and pre-determined odds. Instead the amount you win or lose varies according to the result in the given sport or event; for example, if you “buy” total goals at 2.5 (which is like an over 2.5 goals bet) you get rewarded for each goal, with a match featuring three goals meaning a profit of half your stake, but a match with seven goals yielding returns of 4.5 times your stake. Conversely a 0-0 means you lose 2.5 times whatever your bet was.
Sporting Index are the market leaders when it comes to sports spread betting (though they also feature spread games and novelty betting too) and were founded back in 1992. They went online in 2000 and now boast around 50,000 active customers, equating to 70% of UK sports spread betting. They offer brilliant in-play and mobile betting, have won various awards and are undoubtedly the best spread betting option, with no real weaknesses and an excellent reputation.
Betting with Sporting Index couldn’t be easier, whether you want to place bets by telephone or online (as 80% of the wagers they accept are). As mentioned, you can also use your mobile or tablet to place your spread bets, their Bet On The Move product having been launched way back in 2003 and having been refined in the decade or so since to become an excellent, simple-to-use interface.
They offer a solid range of sports but as a UK operator – they are based in London and authorised and regulated by the FCA (as opposed to the UK Gambling Commission) – there is a clear focus on the most popular British and Irish sports. This means football, horse racing, golf, tennis, rugby and cricket are very well covered, although lesser sports, including American college events and politics and entertainment, are also available.
Odds can’t usually be directly compared to fixed odds bookmakers because of the way spread betting works but on the occasions on which they can you will find Sporting Index to be very competitive. They also offer some excellent little tools to help spread betting newbies, including the facility to open a demo account and a comprehensive training centre. With a simple, clean website, quick access to all markets and excellent customer service too, betting at Sporting Index, or SPIN as they are sometimes known, is a real pleasure.
As mentioned, Sporting Index also offer spread games, this unique product being launched in 2004. This offers virtual sports, arcade-style games and variations on casino classics such as roulette, but incorporating a spread betting structure. One important thing to note is that spread betting, whether on sports or games, can be far more volatile than fixed odds betting and you can lose considerably more than your stake. The mechanics of spread betting and the risks are very well explained on the site though.
All in all Sporting Index is a brilliant betting site and well worth joining, especially with that excellent £100 freebie to get you started.
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