SportingIndex Review

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 enhanced 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. On our site you will also find information about Sporting Index bonus and Sporting Index mobile app.

Customer Service

Live chat
Available

Email:
enquiries@sportingindex.com

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.

As a trading site Sporting Index do not work in a traditional best  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.

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.

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.

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.

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.

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.

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

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.

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.