SportingIndex review

SportingIndex

Review score:

3.6/5/5

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Superman

3.6

I normaly use the website wihch is a decent medium for placing my bets but. Whenever I need to contact them by phone, the traders are always very friendly and professional...
Pros:
  • Free Training - Sporting Index provide a great set of training tools for people new to spread betting
  • Penny Stakes - You can place trades at just 0.01 (one penny per tick)
  • Mobile App - Sporting Index have a great mobile app on Google Play and the App Store for Apple users
Cons:
  • Sporting Index only caters for people trading on spread betting and not on standard sports betting.

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Superman

3.6

Thursday 12. April 2018

I normaly use the website wihch is a decent medium for placing my bets but. Whenever I need to contact them by phone, the traders are always very friendly and professional...
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frequently asked questions

What is football spread betting?

Football spread betting with Sporting Index can make even the most mundane of matches exciting with the widest range of betting markets available anywhere.

Sporting Index offers 200 pre-match markets on live matches, with up to 150 available in-play, so whether it is spread betting on the time of the first goal, the number of bookings points or the aggregate time of all the goals scored in a match, Sporting Index has football covered from all angles.

What is the 25:10 Win Index?

This is similar to an outright match market where 25pts are awarded to the match winner and 0pts to the losing side. If the match is drawn both teams are awarded 10pts.

We might make a spread for Manchester United at 15-18 for their match against Swansea. If they won they’d make-up 25 and spread bettors who bought at 18 would win seven times their stake. However, if Swansea held them to a draw the make-up would be 10 and buyers would have lost 8 times their stake.

If Swansea had won then buyers would have lost 18 times their stake.

What is the Hotshots index?

Sporting Index name four players (two from either team), and award points for each goal scored by any of the four. Our spread is based on 25pts awarded per each goal scored by any of the named players. 8pts are awarded per player who does not take any part in the match.

What is horse racing spread betting?

Sporting Index offers a whole host of horse racing markets. Aside from where a horse will finish in a race, you can spread bet on winning distances, jockey’s performance and starting prices, allowing you to place a bet on a race or a meeting without having to worry about finding the winner.

We offer points to horses depending on where they finish in our individual race indices. We also offer match bets between horses where you can buy or sell the winning distance between two horses in a race, regardless of whether either of them wins.

Markets are also available across a race meeting and some of the most popular ones are winning distances, favourites and starting prices.

What is a winning distances bet?

A horse racing spread betting market that predicts the aggregate total of the winning margins of each race at a meeting. The maximum winning distance for a Flat race is set at 12 lengths while for a National Hunt race it is 30 lengths. This also applies should only one horse complete the race.

Distances under a length are recorded as follows: Short head = 0.1 of a length, head = 0.2 of a length, neck = 0.3 of a length, half a length = 0.5 of a length, three-quarters of a length = 0.75 of a length.

For example, at a jumps meeting at Cheltenham, Sporting Index might offer a spread on total winning distances of 70-75. You might decide to place your spread bet high at 75 for £5 per length.

In the end the winning distances made up at 82 lengths. If you had gone high at 75 you would have won seven times your stake: (82 – 75 = 7) x your stake (£5) = £35. But if winning distances had made up at just 67 lengths, the same bet would have lost you 8 times your stake (67 – 75 = -8) x your stake (£5) = -£40.

What is the Favourites Index?

This horse racing spread betting market allows you to place a bet on how the favourites will perform at a particular meeting. In this market a favourite is awarded 25pts for winning, 10pts for finishing second, 5pts for third and 0pts for any other place. In the event of a race starting with joint-favourites, Sporting Index takes the favourite as being the horse with the lower race card number.

Here’s an example. At a Newbury jumps card consisting of six races, our favourites prediction might be 61-65 points. If you had a good look at the form and decided that the favourites should perform better than we predicted, you might bet higher (buy) at 65 for a stake of £3.

At the end of the meeting, three favourites had won (25 x 3 = 75), one came second (10) and the other two were unplaced, so the make-up was 85. So, had you bought at 65 you would have won 20 times your stake: (85 – 65 = 20) x your stake (£3) = £60. But, if the favourites index had made up at only 50pts, the same bet would have lost you 15 times your stake: (50 – 65 = -15) x your stake (£3) = -£45.

What is a Jockey Index?

Most horse racing punters have their favourite jockeys, so this is a popular horse racing spread betting market on how an individual jockey will perform. This is similar to the favourites markets with 25pts awarded for a winning ride, 10pts for a second, 5pts for a third and 0pts for any other place. If the jockey on whom the market is based on does not ride his intended mount in a race, but the horse still runs, then the horse’s finishing position still counts as if it had been ridden by the named jockey.

Here’s an example. At a meeting at Newmarket, Frankie Dettori has six rides. We might predict that he will get between 45-49 points based on the scoring system above.

If you viewed his rides as particularly strong and believed he might have a couple of winners with a good chance of others finishing, in the frame you would buy (bet high) at 49 for say £3 per point.

Here are the results of Hughes’ six rides:

Race 1 1st (25pts)

Race 2 Unplaced (0pts)

Race 3 3rd (5pts)

Race 4 1st (25pts)

Race 5 Unplaced (0pts)

Race 6 2nd (10pts)

Total = 65pts
With these results had you gone high at 49 you would have won 16 times your stake: (65 – 49 = 16) x your stake (£3) = £48. But, if Frankie Dettori had only managed one winner and a second, with the other four failing to finish in the top three, the make-up would be 35 points which, with the same bet, would have lost you 14 times you stake: (35 – 49 = -14) x your stake (£3) = -£42.

What is a "Barking Mad" bet?

A greyhound spread bet exclusive to Sporting Index. A prediction on the aggregate of the first and second placed trap numbers multiplied together.

How do I limit my risk on spread betting?

Some spread betting markets are more volatile than others. In football, a market such as total goals for a match rarely makes-up above 7 goals (in fact approximately 95% of such games have less than 8 goals). This is an example of a market which exhibits low volatility. At the other end of the scale, in a market such as cricket runs, your profit or loss can escalate very rapidly.

How can I stop Sporting Index emails going into my spam folder?

To prevent you receiving unwanted spam email, some Internet Service Providers (ISPs) block messages from senders whose email addresses are not in the recipient’s Address Book or on their Safe Senders list.

To ensure your Sporting Index messages reach you in the future please add [email protected] to your Address Book or Safe Senders List.

Here are the instructions on how to do this for the most commonly used email providers:

Hotmail

From your Hotmail inbox, click on the ‘Options’ icon in the top right of your screen
Click on ‘Safe and blocked senders’ under ‘Junk e-mail’
Click on ‘Safe senders’
Enter the address [email protected] in the ‘sender or domain to mark as safe’ box, and then click ‘Add to list’.

Gmail

From your Gmail inbox, open the Sporting Index email you have received
Click on the down ‘more’ arrow next to the Reply button at the top of the email
Select ‘Add Promotions to Contact list’

Yahoo mail

From your Yahoo mailbox, click on the ‘contacts’ tab
Click ‘New contact’
Enter the address [email protected] next to ‘email’ and then click on the ‘Save’ button.

AOL mail

From your AOL mailbox, click on the ‘contacts’ tab
Click ‘New contact’
Enter the address [email protected] next to ‘email’ and then click on the ‘Add Contact’ button.

Microsoft Outlook

Right click on the email subject line
Click on ‘Junk E-mail’
Choose ‘Add Sender To Safe Senders List’

Microsoft Outlook Express

Open the email.
Right-click the sender’s name.
Click ‘Add to Outlook Contacts’
Click ‘save and close’

How easy to the eye is the Sporting Index website?

Sporting Index have been part of the online betting industry for more than a decade and over that time the website has evolved and changed it’s look and feel dramatically. The first thing to realise is that Sporting Index is not a traditional bookmaker or sportsbook but a trading platform very much like the old style stock market where punters either buy or sell “spreads”

The site itself is similar to many sportsbook layouts with a left, centre and right side column layout.

However, sports are found in the second menu rather than on the left side. The left side menu contains a number of links.

My Favourites
Rececently Viewed
Results

These three links allow yo to get to get to your favorite sports quickly, give you a quick reference of markets already viewed plus give you the ability to easily check results of your bets/trades.

The site has a dark colour scheme with the use of white text used for headings and odds sections, this makes it very easy on the eye.

In terms of additional content, they have a great section in the footer of the site where you can learn about spread betting and this section covers the questions of What is Spread Betting? What are the Advantages of Spread Betting? What is In-play Spread Betting and Spread Betting help.

Does Sporting Index offer competitive odds or the best odds in a certain sport?

As a non traditional bookmaker, they do not offer odds in a traditional way but offer “spreads” so you will either buy or sell. You are making a judgement on a result of an event, whether that be a horse race, a football match, a tennis match etc,etc.

With a traditional sports bet (a fixed odds bet) you’re taking a fixed price on the likelihood of a given outcome – say team A to beat team B. The bookmaker determines the odds and you agree to part with your money on the agreement that if your prediction comes true, the bookmaker will pay you the pre-agreed amount in winnings. But with a sports spread bet your winnings or losses are not pre-agreed and you’re 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.

Put simply, the spread is the range within which Sporting Index believes a points-based market will settle. So if the market is on the number of points a football team will accumulate over the course of a season, the spread might be 74.5 – 76, meaning Sporting Index predicts the final points tally to be within that range.

So if you think the team will go above 76 you would buy and if you think the team will go below 74.5 you would sell.

Spread betting also allows you to cap your winnings and losses on certain markets.

How good is the market coverage and selection of bets on Sporting Index?

Sporting Index offer a wide range of sports to bet on and markets include long term (winner of The Premiership) pre match and also In-play.

The In-play betting can be very volatile so make sure you have a good understanding of the concept before placing In-play spread bets.

Pre match/event are the best types of spread bets to start with when getting started.

Market coverage on football is very deep and as an example a premier league game will have anywhere between 150-200 individual spread markets to bet on. below you will see a list of the different market sectors.

(9 markets) MOST POPULAR
(36 markets) PLAYER GOAL MINUTES
(10 markets) GOAL SUPREMACY AND GOAL MARKETS
(23 markets) SHIRT NUMBERS
(22 markets) CORNERS
(14 markets) BOOKINGS
(28 markets) MATCH GOAL TIMES AND MINUTES
(6 markets) TEAM PERFORMANCES
(10 markets) WIN INDEX AND HANDICAP INDEX
(20 markets) CORRECT SCORE AND DOUBLE RESULT

This was the market coverage on just one Premier league game we reviewed. As you can see you have a really wide range of markets and sports betting opportunities to choose from.

How good is In Play betting on Sporting Index?

The In-play interface at Sporting Index is excellent. You have all of the information in the centre of the screen with a very nice data and stats interface to show you what has already happened in the event. This gives you a nice overview to see if you can spot opportunities on markets that are outside of the standard match result.

The “buy” odds are outlined in a blue box and the “sell” odds are outlined in a red box so you know exactly what you are looking at. The colour scheme here is the same as the main home page but with white text that is bolded. It makes it very easy to quickly find markets and odds to bet on.

What selection of bonuses and re-occurring promotions does Sporting Index have?

Sporting Index offer ad hoc bonuses and price boosts to regular customers so there are no ongoing promotions on the site. They do have their £50 welcome offer which is worth looking into as it gives you the chance to test spread betting risk free.

How easy is it to deposit and withdraw funds with an Sporting Index account?

The process of depositing and withdrawing funds with Sporting Index is very easy. They focus on four main payment methods which are:

VISA
Mastercard
Neteller
Skrill

How friendly and fast is the Sporting Index customer service and live chat service?

The Live Chat is certainly very freindly and knowledgeable, however, it did take 3 minutes for somebody to get onto the Live Chat which is a long delay. It was surprising because we undertook our review of this function on a very slow sports day. Of course we cannot judge just based on a couple of examples, so will be updating this review on an ongoing basis and updating on this and other parts of the Sporting Index service.

Can you trust Sporting Index?

In relation to spread betting Sporting Index Ltd is authorised and regulated in the UK by the Financial Conduct Authority registration number 150404 which can be verified here. Please ensure you understand the risks with sports spread betting as it involves a high level of risk and you can lose more than your original stake. In relation to fixed-odds betting , Sporting Index Ltd is licensed and regulated in Great Britain by the Gambling
Commission under licence number 27343 which can be verified here. Remember to bet responsibly. In relation to territories other than the UK and the Republic of Ireland, please read their disclaimer.

About SportingIndex

General Information

Sporting Index is without a doubt the global leader in its sector, being the pioneer of sports spread betting and providing one of the most thrilling sports betting experience online today.

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 betting offer is still unique today even in the face of a fiercely competitive online betting market with its’ bonus and odds wars.

The company offers spread bets on a wide variety of sports, political and showbiz events. They allow bets to be placed 24/7/365 via their mobile phone apps, websites and a voice telephony service.

As a leader in the UK sports betting market, they are authorised and regulated in the UK by the Financial Conduct Authority and the UK Gambling Commission.

What is spread betting?
Spread betting on sport has been around for over a quarter of a century, even longer than betting exchanges like Betfair and Betdaq.

It can be traced back to the pits within the foreign exchange markerts when traders would buy and sell currencies, equities or commodities.

The site therefore uses much of the same jargon, such as “buy” and “sell” or “long” and “short”. Instead of trading markets based on underlying financial assets, Sporting Index make markets on the outcomes of a huge range of sporting events. It is like being a stock trader but using your knowledge of sports.

So while a trader in the financial markets trades the FTSE index or the price of gold, Sporting Index traders may trade on the number of corners in a football match or the number of runs a batsman will score in a cricket innings.

Even if you have never tried this type of betting before, Sporting Index have an excellent range of training on their site and have a minimum stake of just one penny.

The site itself is very modern and very easy to navigate and use. For sports bettors who want to back their judgement, but with a cap on how much they can lose, then spread betting offers this.

Deposit & Withdrawals

The deposit options at Sporting Index include Visa, MasterCard, Skrill and Neteller. These same options are available for withdrawal as well.

Deposits are immediate for card transactions and e-wallets, Withdrawals take 3-5 days when using a card and are immediate when withdrawing using e-wallets.

Customer Service

Live chat
Available

Email:
[email protected]

Phone:
From the UK call this freephone number 08000 96 96 07
From overseas the number to use is +44 20 7840 4050

Social Media
Twitter:
Please feel free to Tweet @AskSPIN

Post
Sporting Index Ltd,
Gateway House,
Milverton Street,
London,
SE11 4AP,
United Kingdom.

License Information

Sporting Index Ltd is licensed and regulated in Great Britain by the Gambling Commission under licence number 27343.
In relation to spread betting Sporting Index Ltd is authorised and regulated in the UK by the Financial Conduct Authority registration number 150404.

SportingIndex betting experience

Odds format & betting margin

As a trading site Sporting Index do not work in a traditional odds format but by something called ticks. To bet high (buy) a trade that the result will be higher than the current market price. The opposite of low (sell). the result will be lower than the current market price.

Betting limits

The maximum pay-out to any individual client in any 24-hour period is £1,000,000 (one million pounds sterling). This maximum win applies regardless of your stake.

The maximum pay-out per individual game/event to any individual client in a 24-hour period is £50,000 (fifty thousand pounds sterling).

Please be aware that to reach the total daily limit you would need to make twenty successful trades with profit of £50,000.

The very interesting thing with Sporting Index is that you can place a trade with a minimum stake per tick of just 0.01 (one penny)

Types of bets

Sporting Index provide a trading platform so do not offer standard betting types. You are basically betting on a result to be higher or lower than the spread which is quoted.

As an example a “corners” spread could be 12 – 14 on a football match. You would either be betting on less than 12 or more than 14 corners.

Sport coverage

Sporting Index currently have sixteen different sports that you can place a trade on.

In-play experience

The Sporting Index live offer includes in-play and events coming soon. Because this is a trading platform, the interface is simple, clean and very simple to use.

Live streaming

Sporting Index does not currently supply live streaming of events.

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Score:

5/5
4/5
4/5
3/5
2/5

General Information:

Website URL: sportingindex.com

Founded: 1992

Supported platforms: apple windows android

Products: Sports, Live Casino, Casino and Games

5/5

Customer service:

Customer service hours: 24 hours per day

Telephone number: +44 20 7840 4050

Live Chat: Available

Address: