Sporting Index Review for 2024 – [Unbiased Spread Betting Analysis]

Sporting Index is primarily a pioneer of sports spread betting. Here, you bet on whether you think a resul🌱t will be greater than the buy price or lower than the sell price. Stakes are based on points, and the more correct or incorrect your result is, the more yꦺou win or lose.

It is a concept that is new to a lot of people, and r🌠eally takes betting to unique, interesting places. It will however be a challenge for any operator to take this concept into a more mainstream realm.

Sporting Index sees themselves as the right operator for the job, and we are fascinated to see how w💛ell they introduce and execute spread betting to make it accessible to a mass audience.

Because Sp💃orting Index specialises in a type of betting that is quite unfamiliar to a lot of people, it is understandable that the ꦐusual anxieties about registration are heightened. And while during our sign up we found it to be untypical, it was largely in a positive manner.

In other words, we found it easi💖er than your average bookmaker to use. At the very least, it can be put amongst the elite In terms of useability. We will be taking you step by step through the signing up process so you can see exactly what you can expect from this surprisingly simple process.

Before we begin, do note If you’re unfamiliar with the concept in general, then our exclusive and extensive guide on spread betting is a great learning tool to check out before🌱 deciding ᩚᩚᩚᩚᩚᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ𒀱ᩚᩚᩚwhether spread betting is right for you.

 You begin by entering some simple, personal 🌃ജdetails. This includes your date of birth and full name. You will also need to enter an e-mail and phone address.

Make sure that these are ones you have regular access to as they will be your points of contact should Sporting Index need to do so for ✃any reason. This is the case even if you decide to opt-out of receiving any offers, as the site may need to notify you of any security concerns.

The last part of this section is to enter your home address. This can usually be done very simply by choosing an address from a drop list once you enter your postcode. It is♕ here that Sporting Index makes c🦩lear the differences between this and a typical sportsbook.

First off, If you have not lived at your current address for more than three years, you will be asked to supply another address. This is because unlike other betting ༒sites a credit account is an option, and we’ll go into that more in the following section.

Vitally, is the risk disclosure notice.🔥 This explains the key differences in risk and we really can’t recommend enough that you give it your full attention. To hammer this point home, you must tick t๊he second box saying that you understand that spread betting means you can lose more than your initial stake or credit limit.

Make sure you understand🧔 all of this, and if you are happy to, hit 𝄹continue.

This is the fir🍌st part of the account details. Now, they are going to ask you if you have a🐻ny experience of spread betting before. If the answer is no then you can only use a debit, and not a credit account. We really appreciate the effort that has gone into this process to ensure, as best as possible, that anyone signing up understands the level of risk. You’ll also be asked for your current employment status.

If you do have experience of spread betting before, you may choose to use a credit account if you wish. You can also choose a stop loss and no stop-loss accoun🀅t. A stop loss account allows for small🎃 minimum stakes and allows you to get a better idea of how much you are likely to both win or lose on each bet.

Ultimately, iꦗt’s about providing more control and shows that Sporting Index is going to great lengths to ensure that you can create a betting experience that is safe and right for you.

The second part of this is to pick a password. Check off the terms and conditions and privacy policy when you have read and agreed to them and sele💎ct you🌳r communication preferences. Now you just need to hit the registration button, confirm your account and you are good to go.

Sporting Index 🍷does a brilliant job here. They keep things simple while ensuring that you have all the information and levels of transparency that you need considering the form of betting. The only slight criticism would be that live chat could be integrated a little more easily, but that’s really it. In every other regard, this is a practically flawless registration process.

Banking is a little unusual as we should address the choice of cr🙈edit or debit account before we get into actual options. It sounds complicated but is actually very simple.

A credit account means you set up an agreed credit limit to be settled weekly or fortnightly. Credit is allocated based on credit checks. Debit accounts work much the same way as any traditional bookmaker, you add funds to your account beforehand.

The reason, we♓ must imagine, that a credit account is utilised for Sporting Index is that they are primarily a spread betting site, therefore, loss (and win) amounts are far less limited.

In fixed odds betting you know how much you can win or lose specifically before the event. Whereas a spread is a range of outcomes, and thus a rang🦄e of potential wins or losses. And because of this having a credit account can be a practical option. Whether it is right for you though, is, of course, your decision.

In this regard, Sporting Index is more complicated than your typical bookmaker, but they are not in terms of payments and withdrawals. Your options consist of debit card and bank transfer. Usually, this wꦰould be a point of criticism, but it is🍨 a natural result of the increased level of security that comes with spread betting.

On this note, there is also additional security in the form of a secure code password system. They are also an 🌳FCA regulated organisation, meaning documentation m♐ay be needed to prove your identity.

According to customer service, deposits should take between 3-5 days, fees are not specific as they can depend on the users' bank. They also stated are none from the side of the operator, and this includes no excess fees for withdrawing. They also 🥃state, at the time of writing this Sporting Index review, that the minimum deposit is £10, and minimum withdrawal is £5. The maximum deposit is £10,000 in either direction.

The minimum stake can be as little as 5 pence, and maximums depend on your account. That minimum raises an important point. Spread be🌠tting has the potential to be riskier, but the risk is still controlled by you. With different account options and low minimums, you ♑can ensure that you still keep your level of potential losses sensible and responsible.

𒁏 The spread betting concept means that Sporting Index is more limited than many fixed-odds sportsbooks in banking options. Security takes precedence here, sometimes in the way of variety. But we understand those precautions being taken. In terms of what Sporting Index can control, they have done everything here to make things as easy as possible.

♈ Sporting Index offers a spread betting welcome promotion for new users. When creating a spread betting account with Sporting Index and placing bets on qualifying sports spread betting markets, users will receive up to £300 in cashback.

Staking £300 or above within 28 days of account creation will result in 🌌£300 cashback. If a lower amount is staked, the cashback received will match that amount. For example, a £50 stake will result in £50 cashback. Full T&✨Cs apply.

You’d be forgiven for assuming there would not be 🙈anything in terms of other traditional sportsbook promot🉐ions. Indeed, this is not a traditional sportsbook in many ways.

That said, we are happy to unveil one of Sporting Index’ not so secret weapons, they have a bunch of fixed-odds markets as well. That is right, like Betfair are best known for their betting exchange but also have a wealth of traditio💝nal op🥂tions, so does Sporting Index.

This is in its “Odds” section.

Not only that, but at the time of writing this Sporting Index review, they have ⛎a typical fixed-odds welcome bonus as well.

This is a 2 X £10 free bet, as a reward for settling a minimum £10 bet on the market of odds 1/1 or greater. Multiples have the same minimum odds. These must all be settled within 14 days of qualification and opening your account, so you do not want to let this one lie. Cashed out or voided b🅰ets do not count. Other than that qualification is about as simple🦄 and straightforward as it sounds.

As for the free bets, they are valid for 7 days and must be used in two separate £10 transactions on two separate markets. One free bet per person also applies and you cannot use alongside any other fixed odds offer. The first free bet will be £🅘10, followed by a second £10 free bet 24 hours later.

Before we go on, we want to say that you should always check out the terms and conditions yourself. This is meant as an overview not a word b𓄧y word retelling. And of course, they are subject to change as is every part of any promotion, as is the entire promotional page✤.

With that all said the value here is excellent. You are essentially getting double your betting value back to you, with reasonable caveats. Real, tangible vaꦗlue your average player can enjoy. Our only criticism is we would like more of this world-class promotional goodness. Still, we will take quality over quantity any day.

Key Terms:

*New clients only. Applies to first £10+bet at odds 2.00 (1/1) or greater. Qualifying bets to be placed within 14 dats of account opening. First £10 Free Bet will be issued once the qualifying bet settles. Second £10 Free Bet will be issued 24 hours later. Free Bets valid for 7 days and stake not refunded. Cashed out or voided bets do not qualify. Full TCs apply. gambleaware.org 18+

Sports

Of course, what is important to point out is not just that🐻 Sporting Inde𓄧x has a wide variety of sports, but it has them on both spread betting and fixed-odds markets.

Before we go into w🦄hat they are, let’s discuss the significance of that.

What it essentially means is that Sporting Index is not just an operator for spread betting fans. It means that those who like a variety of traditional and spread betting options can find a betting home here. It’s a va꧒st expansion of their potential userbase, and its importance should not be underestimated. It fundamentally changes who this site is for.

The sports selection appears to be the same for both. At the time of writing there’s the following options: American Football, Athletics, Australian Rules, Baseball, Basketball, Bowls, Boxing, Cricket, Cycling, Darts, Football, Formula 1, Gaelic Football, Golf, Greyhounds, Handball, Horse Racing, Mixed Mar🔴tial Arts, Pool, Rugby League, Rugby Union, Snooker, Table Tennis, Tennis and Volleyball.

In terms of sub-markets, they are naturally quite different for the spreads and odds section but are numerous for both. Dozens to hundreds depending on the popularity of the event. Some are similar, you can bet o꧂n total goals and corners for instance, on each. Minim🔥um stakes are as little as five pence, especially important for spread betting where the points-based spread system can make even small stakes stack up. There’s also a huge number of specials available, for regular events alongside things like the transfer market.

eSports

One of the rare examples of something missing from Sporting Index is the lack of esports. Considering the 🌠variety generally available, it is especially notable ꦫthrough its absence.

Other Specials (politics, weather, celebrities, etc.)

Once again, Sporting Index goes beyond expectations in their spread betting choice. For example, at the time of writing, there are markets on Strictly Come Dancing , with points for various places.

The way they have managed to twist untraditional markets to work in an interesting way for spread bettors is a level of creativity they really deserve a lot of credit for. Obviously, the amount of markets that are available depends on what is going on at that particular time ✃of year.

Cashout & Bet Builder

Vital to keeping in control of your spread betting is the cash-out feature. Many people imagine spread betting to be a runaway train in some markets, but this ensures you alwa♏ys have your hand at the wheel. The way this works is very much the same as it does with fixed odds betting, only the results on cash out and how that affects your wins and losses is different.

Cash-out is widely available on Sporting Index and is a real game-changer from a tactical point of view. We wo🥂uld say it is even more vital for betting on the spread than most traditional markets. The only downside is that they are only available in full, with no partial or auto o🎀ptions, but other than that, pretty much perfect.

Bet Builder, as well as eSports𓂃, is another rare occurrence where Sporting Index is lacking in some form of content. Though, consideri🐓ng the enormity of the markets available, we cannot criticise them too harshly.

Considering we have already praised the excellence of the cash-out feature, the fact that they have extensive live features may be something of a given.

But it is still well worth our praise and your consideration thanks to a massive amount of live coverage from sports all across the world. They take advantage of the n🌠umber of sports, leagues and markets covered here.

You get graphics and information to help you along, including relevant info about the match if you have just tuned in. There’s also little distinction between what is offered from the spread and fixed-odds betting, both are excellent. The only downside is a lack of live streaming, although it is clear every effort to make up for this has been 🔯made through the use of graphics.

We’ve talked about security throughou🅘t this articleꦏ, it was inevitable considering the extra measures that are taken to allow for responsible spread betting.

To reiterate, you can choose between deposit and credit a💟ccounts. You can also choose a stop loss account to help keep in control of your bets. There are also additional security measures for card payments, as mentioned previously. The cash-꧅out feature also goes helps you maintain control over your bets.

The site also explains the risks and how to mitigate them extremely well. It is rare, for instance, for any operator to advise that newcomers start with very low stakes to get💝 the hang of things. In addition, there’s the responsible ga💝ming policy, which includes a test, gambling tracking, deposit limits and links to help. It Is clear that everything is being done to ensure that their users are gambling responsibly.

They have gone above and beyond. Naturally, some things are different than usual, owing to the different form of betting, but they have clearly carefully consi꧅dered and worked around that fact to provide relevওant measures to help anyone who needs it.

In terms of legitimacy, their spread is authorised and regulated by the Financial Conduct Authority, and theဣir fixed odds betting is regulated by the .

It is also worth pointing out that in terms of ide🐓ntification, this not only allows you to apply for credit and protects against fraud but also prevents minors from using the site. Also, regarding your personal information, encryption, alongside an extensive privacy policy is in place to ensure that is kept in safe hands. If you d💯o have any complaints, there are several lines of customer service at your disposal, which we will go through in our subsequent section.

Before we꧟ go into the human side of things, it is worth pointing out that Sporting Index does an exceptional job in terms of written content.

They clearly understand that spread betting might be confusing for a lot of people, and as such have one of the finest support sections in the written regard we have ever seen. In addition, there’s also an extensive “learn spread betting” section alongside rules and terms. They truly go above and beyond here. That’s also true of the effort put into ease of use in general, from the “my account” sꦜection to the general layout of the site.

 And that’s not all. In terms of practic𝕴al help they have a phone line, social media, live chat and e-mail options. As far as we could gather, all these options are available between 9 am and 11 pm, so pretty extensive but not quite round the clock.

 We contacted customer service several times throughout this review, and we’re going to go through our experiences here so you can get an idea of wh𒁃at to expect.

Firs♑t off, we chatted to Clive on the live chat. Here is one screenshot of an answer he gave about the differences between debit and credit accounts. As you can see, it is very in-depth and extensive, it is typical of the kinds of excellent responses we got during this process. They were also near instant to resp𝕴ond during the many times we contacted them through this method.

Next, there’s e-mail, which as you may expect takeꦦs a little lo🎃nger. Here we asked a question about the odds part of the site and got a response in under half an hour. The response was friendly, helpful, and answered my question in great depth. Their e-mail address is enquiries@sportingidex.com.

This is a great option if you want a more permanent example of your interactions. You can also ask for a call back through this method, and their phone line is available in or outside of the UK.  You can even write to them on Twitter. ಞOur interactions with them were excellent, and their reputation in this regard suggests that our experiences were typical. The phone line is 08000 96 96 07 for UK users and is +44 207 840 4050 outside the UK. Their Twitter is @ASKSPIN.

The design of Sporting Index is more ꦆabout practicality than looks. That’s not to say they are unappealing on the eye, it’s just that we don’t think they are likelyಞ to reinvent the wheel style-wise.

They look perfectly professional, with enough distinction between the spread and odds areas and few bells and whistles. It is clear that their focus is on making sure the site is as easy to use and as structurally and technically sound as possible. We were stunned by how well they balanced all the elements of the site in a user-friendly manner, even including a blog and history sectiꦡon. From a technical standpoint too, they were flawless duri🐬ng our time with Sporting Index.

If you marvelled at how much they fit on a desktop, you will be blown aw🦋ay by their mobile offering. Available for mobile devices across the Apple and Google Play store, the small screen adaption is an absolute knockout. It has been redesigned for optimal small screen performance, and even includes additional security features like touch and face ID. Wonderful navigatio🉐n, world-class interface and with minimal loss of content, this is an absolutely five star offering throughout. The customer reviews, which are overwhelmingly positive, back up our opinion on that matter as well.

As you can imagine from a name like Sporting Index, the bookmaker’s focus is purely on sports and you will not find any casino, lotto, poker or other related betting plܫatforms on the site or mobile app.

Sporting Index manages to be the absolute elite of spread betting while also balancing that with a surprisingly excellent fixed-odds selection of markets. If there’s one thing ♈we could say that sums up our experience🦹 is that they have consistently defied expectations.

Whether tha⛎t is through security measures, customer service, versatility and variety of markets or promotional quality, they were always better than we anticipated. They don’t have absolutely everything, with esports being a notable exa🔴mple.

൲ However, this is a case where the negatives are overwhelmed by the positives, to the point where they look fickle in comparison.

An absolutely world-class showing from a world-class operator, capable of appealing t𒉰o newcomers and experts ali𒁃ke.