Last Updated : November 7, 2017
Sporting Index New Account Offer - £100 Free
Sporting Index are currently offering new customers a free £100 to trade with when they open a new spread betting account.
Just sign-up through FREEbets.org.uk to Sporting Index and you'll receive £100 (non-withdrawable) straight away into your account.
You get to keep what you win and Sporting Index will cover your losses up to £100 - no catches, no rigmarole, just sign-up and you'll have up to 7 days to bet with £100 from Sporting Index. Just be aware however that your losses could exceed your deposit and you would be liable for the amount in such circumstances.
When you sign-up and join Sporting Index you'll notice that their motto is "Bet with our £100 not yours" and its true - Sporting Index will give you a non-withdawable £100 to kickstart you in the world of spread betting.
What is Spread Betting?
Sports spread betting roots comes from the City's financial buying and selling markets. The concept was applied to sports betting as an alternative to the fixed odds markets.
The main difference between sports spread betting and the fixed odds variety is that your return/losses are more fluid than the pre-determined outcome of a fixed odds bet.
For example in sports spread betting every market has a two-way price and you buy or sell against the spread.
So, say your betting on a football match and the bookmaker says the spread for goals in a match is 2.5 - 3. You then decide to bet higher (BUY) or lower (SELL) than the spread (2.5 - 3).
If you decide to bet £10 that their will be less goals in the game than what the spread is offering (2.5 - 3) then you Sell at £10 against the spread, if the game finishes 0-0, 1-0 or 1-1 then you'll win, if there are more than 3 goals in the game then that's when losses start to happen.
Please note that losses may exceed deposits!
Sporting Index offers a very in-depth explanation on Spread Betting plus they also have a "Jargon Buster" page to help you understand the market talk.
You can also request access to a demo account to help you find your feet quicker on the Sporting Index sports spread betting markets - of which there are hundreds.
Sporting Index Customer Support
As you'd imagine with a global player in the sports spread betting markets such as Sporting Index, they have various ways to contact their customer services department. There is two freephone numbers for domestic (08000 96 96 07) and overseas (+44 20 7840 4050).
If you are wanting access online then use their Chat facility on their site or you can send them an email enquiry to firstname.lastname@example.org or by social media by contacting their Twitter page by tweeting to @sportingindex.
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