There are only two sports spread betting bookies in the UK: Spreadex and Sporting Index. So why should you choose one over the other?
Sporting Index New Client Welcome Offer
First thing’s first, with Sporting Index they give you £100 to get started. This isn’t like any of the other silly bonus offers that casinos or bingo sites give you. Where you have to bet 30 times your stake to claim it.
It’s a straight up £100 in your account so you can learn the ropes. Obviously, you can’t withdraw it but any profits are yours to keep. You have 7 days to use it after opening your account and if you lose more than £100 you are liable for those losses which can exceed your deposits.
So why do Sporting Index do this?
Well, sports spread betting isn’t for everyone. It’s very high risk, you can lose more than your stake and end up owing your bookie money. That’s why they are regulated by the FCA (see their regulator status here) as well as the UK Gambling commission.
The FCA are responsible or regulating the financial spread betting firms, where people bet on markets rather than sport and the concept has transitioned quite nicely into sports.
Basically with sports spread betting you are trading the outcome of an event rather than betting outright. This means you can buy and sell in play almost as though you were trading the markets.
Sports spread betting also means that your winning or losses are determined by how right or wrong you are.
I won’t go into the ins and outs of exactly how sports spread betting works, but if you need a little help either check out all the great educational material on Sporting Index’s website or watch their guide to sports spread betting below.
But are Sporting Index better than Spreadex?
Well that’s really a matter of personal preference. Spreadex do offer financial trading, a casino, fixed odds betting, virtual sports and a few other bits and bobs.
Sporting Index more focus on sports spread betting, but do have a casino and virtual betting. So if you’re a purist and like your bookies to do one thing and do it really well then Sporting Index is for you.
If on the other hand you like a bit of variety and to use one bookie for everything then Spreadex is for you.
But to be honest, if you know how to spread bet on sports you’ll probably have an account with both Spreadex and Sporting Index.
What can you get on sporting index mobile site?
Sporting Index has long held a reputation as a forward-thinking sports spread betting bookie, and now the firm is providing fans of sports trading with even more reasons to create an account.
The latest sign-up offer from the matched betting platform is quite frankly unmissable: £100 worth of bets which can be used over seven days. Customers are entitled to keep any profits made from sports spread betting on the site subject to account rules – so it should come as no surprise that the number of new sign ups to Sporting Index continues to surge on a daily basis.
Matched betting on sports spread betting bookie Sporting Index
For regular matched betting fans, Sporting Index needs little introduction. The company launched in 1992, and has firmly held its place at the cutting-edge of the betting industry ever since. With a huge amount of options available across an incredibly diverse portfolio, there’s something for all gamblers here.
From sports to politics and even celebrity events, Sporting Index provides entertainment and great odds in equal measure.
Live sports and on the go betting with Sporting Index
For many sports fans, placing a bet in-play is the ultimate thrill – and with Sporting Index, there’s plenty of chances to win big. With up to the minute live odds, customers can expect to get tactical as they predict how every twist and turn of the match will play out.
Sports spread betting explained for newcomers
Unlike traditional high street bookmakers, Sporting Index provides a platform for spread betting. Put simply, spread or matched betting takes the principles of the trading markets with its buy/sell and long/short options and applies them to sports fixtures – but whereas the financial markets concentrate on the price of commodities, Sporting Index focuses on sporting outcomes, like the number of goals in a football match, for example.
Sports trading might initially sound complex, but in reality, it couldn’t be simpler – and there’s only one way to find out. Why not take advantage of the £100 signup bonus currently on offer at Sporting Index and get to grips with a whole new way of betting? Any losses over £100 are not covered though…
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