Sporting Index is one of the two world leaders in online sports spread betting alongside SpreadEx. As well as thei main competitor, Sporting Index are offering both spread betting and traditional fixed odds. Of course, they have a welcome offer for both products - a Bet £10 Get £20 for fixed odds and up to £500 Cashback for Spread Betting (unfortunately, the Sporting Index no deposit bonus is not available anymore). So, let's take a look at both Sporting Index welcome bonuses for new players.
Sporting Index Fixed Odds Betting Offer
Sporting Index have recently unleashed a very promising welcome bonus offer for new customers that want to try their brand new traditional sportsbook. Find details below on how to claim £20 in free bets!
All new clients are eligible and to qualify you simply need to:
1) Follow BetAndSkill on Twitter or Instagram
Or share this article on your favourite social media
3) Place a £10+ Fixed Odds individual bet on any sports market at odds of 2.00 (1/1) or greater
4) Once the bet settles, you’ll be issued the first £10 Free Bet, with the second £10 Free Bet issued 24 hours later
Sporting Index Fixed Odds Account Offer FAQ
Who qualifies fot this Promotion?
To receive this Offer, you must place and settle a £10 minimum Fixed Odds bet at odds of 2.00 (1/1) or greater within 14 days of opening your account ("Qualifying Bet").
Multiples will only count as a Qualifying Bet if the cumulative odds of the multiple are 2.00 (1/1) or greater.
How does Free Bet work?
The Free Bet can only be used on Fixed Odds markets and will be valid for seven days from issue. Your £20 Free Bet stake will not be included in your bet returns it and must be used in two £10 bets.
To use your Free Bets the stake total in your bet slip must amount to exactly £10. Any amount other than £10 will not allow you to select your Free Bets for use.
Full T&C at sportingindex.com
Sporting Index Offer For Spread Betting
The Sporting Index website offers account holders a simple navigation system with a great set of features including giving you the option to spread bet for fun. Anyway, as soon as you start placing your spread bets with real money, you will activate a very generous spread betting welcome bonus, consisting of a Cashback on net losses of up to £500. Here's how to get this Sporting index sign up offer.
Deposit funds into your account and start spread betting
Get a cashback of 50% of cumulative net losses on all qualifying spread bets placed and settled within the first 7 days of account opening up to £500
Sporting Index Spread Betting Free Bet FAQ
When will I receive the cash back?
At the end of the first week, should you have recorded a loss, a 50% cashback will be credited to your account as cash, up to a maximum value of £500.
What happens if a bet settles after the 7th day?
The cashback on losses promotional period will begin when your account application is confirmed and will expire after 7 days. Bets that settle outside of this Promotional Period will not be considered as Qualifying Bets.
What is sports spread betting?
With a traditional sports bet (a fixed odds bet) you are placing your bet on a fixed price on the likelihood of a given outcome - say Manchester City to beat Arsenal. With a sports spread bet your winnings or losses are not pre-agreed and you are instead betting that Sporting Index's prediction on an outcome is wrong, and that the final result will be higher or lower than the spread quoted. The spread is the range within which Sporting Index believes a points-based market will settle.
How many points Manchester UTD will accumulate during the Premier League season? The spread might be 74.5 - 76, meaning Sporting Index predicts the final points tally to be within that range.
If you believe Man UTD would finish with a points total higher than the spread you'd BUY at the price given for the higher end of the spread (76) and set your stake (eg. £5).
When the Premier League season is over, you will earn £5 for every point above the spread. So if Man UTD finish with 81 points, you will make a £25 net profit.
Should Man UTD collect less points then the spread at which you bought you will incur in a loss. For instance, if Man UTD accumulate 72 points and the spread bought is 76 with a £5 stake, you will lose £5 x 4 points = £20.
What is the difference between Fixed Odds, Spread Betting and Betting Exchange?
They are three completely different products. With a fixed odds bet, you are either right or wrong. But with sports spread betting, the more you are ‘correct’ in the spread bets you place, the more money you stand to win. In this sense it rewards your skill, knowledge and judgement.
The main difference between spread betting and fixed odds betting is that it is possible to lose more than your initial stake.
An additional benefit of spread betting over fixed odds betting is the ability to ‘sell’ on a spread to get against a favourite. This is a quick and easy alternative to laying a bet on a betting exchange.
But this is the only similarity between spread betting and the exchange.
On any betting market, there are two sides of the bet. On one side, there are those who think an event will happen (the backers) and on the other, those who think it won't happen (the layers).
Backers and layers get bets 'matched' as long as they agree on a price (the odds) that an event will or won't happen.
A betting exchange is something like a marketplace where backers and layers can agree on a price. Basically, you are betting against other customers, removing the need for the margin that fixed-odds bookmakers incorporate into their prices with fixed odds betting markets.
More info about Sporting Index
Sporting Index began life in 1992 in London. It specialises in sports spread betting. As well as offering telephone and online betting, Sporting Index also offers wholesale services to gaming operators throughout the world.
They have been on the cutting edge of their particularly area of the betting industry for decades. For example, Sporting Index introduced 'cashing out' to the world
There are a huge range of sports and markets offered on Sporting Index, which makes it a great vehicle for sports enthusiasts looking for a spread bet. The sports offered include:
TV & Specials
Players can bet on all aspects of any major sporting events, with an extensive range of sports markets available both ante-post, pre-event and in-play.
Sporting Index also offers In-play Product. Player can keep up with their bets using the live streaming option on selected events in real-time.
The operator have recently released the latest version of their mobile and tablet betting service which is the most advanced yet. So whether you use an iPhone, Android, or tablet, with 1000s of markets at the click of a button, Sporting Index ensure that you will never miss an opportunity to bet before or during a sporting event.
You can also find the Sporting Index dedicated mobile and tablet apps on the iTunes App Store or on the Google Play Store depending on your device.
Some of the much appreciated features at Sporting Index are:
Popular sports quick links
Betting highlights on homescreen
Recently viewed markets
In-play now and Up Next menu
Full range of sports and betting coverage
Fast price updates
Markets grouped by bet type for easy access
Full bet history access
Deposit and withdraw funds with ease
Push messages alerting you to your favourite sports
The site accepts all the usual payment conditions, such as Visa and Mastercard, debit card and Maestro, as well as online payment options Skrill and Neteller.
Withdrawals generally have to be made to the latest source of deposit.
How can I contact the customer support?
Problems with the Sporting Index sign up offer? Doubts about the Cashback on net losses? No worries! If you have any questions then email their Customer Services Team at email@example.com or call them on 08000 96 96 07 (+44 207 840 4050 from outside the UK).
Is Sporting Index legit and safe?
Sporting Index is licensed by UK Gambling Commission so you can be sure that everything is absolutely safe and the site is reliable. Moreover, Sporting Index is one of our favorite UK betting sites and this means a lot!
Fixed Odds Free Bet - Key Terms & Conditions
Open a Sporting Index account
Account opening subject to suitability checks.
Existing account holders are not eligible for this offer.
Applies to the first £10+ bet placed on any sports market at odds of 2.00 (1/1) or greater.
Qualifying bet needs to be placed and settled within 14 days of account opening.
First £10 Free Bet will be issued once the qualifying bet settles.
Second £10 Free Bet will be issued 24 hours after the first.
Free bets will be valid for 7 days and your free bet stakes will not be returned.
Cashed out or voided bets will not count as qualifying bets.
Full terms below.
Spread Betting Cashback on net losses - Key Terms & Conditions
Offer available to new customers that reside in UK & Eire only.
Eligibility checks and T&Cs apply - for more info see account operating rules
Receive cashback of 50% of cumulative net losses on all qualifying spread bets placed and settled within the first 7 days of account opening.
Cashback credited to your account up to a maximum of £500
Only bets placed AND settled on real spread betting markets will be considered as qualifying bets. Any bet that settles outside of first 7 days will not count.
Virtual spreads games and fully, partially or reverse closed bets excluded from the promotion.
Promotion available to one Sporting Index customer, per household, per address, per shared device and/or per shared IP address.
Full terms apply.
Sporting Index Ltd are regulated in the UK by the FCA (ref: 150404)
Spread betting involves risk. Losses can exceed deposits. Always bet responsibly. 18+