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Founded in 1992, Sporting Index burst onto the scene offering something quite unique. ‘Spread Betting’, a new concept in sports betting. Allowing punters to bet on a multitude of possibilities, with the result in a sporting encounter being only one of them. This style of betting has taken off in a big way and so too has Sporting Index. They made their debut on the internet in 2002, and now have over 40,000 customers on their books from all parts of the globe.
It is estimated that Sporting Index control over 70% of the worldwide Spread Betting market. Customers can place bets and keep up to date with all the action through a variety of options including telephone, sky interactive and of course online. Sporting Index was the first to introduce ‘Bet on the move’, allowing punters to place bets, close bets, deposit and withdraw money through java enabled software on their phone. A true pioneer, Sporting Index is constantly pushing the boundaries of what is achievable.
Largest Range of Markets
They have one of the largest range of markets and bets available anywhere, with UK, European and US sports all featuring on the site. Horse racing is not really featured at Sporting Index, but there is major coverage of ball sports. Customers can select an account that controls their spending. By choosing a ‘Stop Loss/Win’ account, players can bet within their limits and avoid big potential losses.
There are bags of features on the Sporting Index for all levels of player. Beginners can benefit from the ‘play for fun’ option, allowing you to gain some understanding and get used to some of the highs and lows of spreads. The Bet maker is a great feature allowing punters to create their own portfolio of bets and make requests for new ones.
Welcome bonuses for customers joining Sporting Index vary quite regularly. There are usually a variety of options to choose from and they are normally very large bonuses. This is partly because the first deposit is quite big though, so being aware of this is important. Bets start from as little as 1p on selected sports, which can be a bit of fun, especially when you’re starting out.
- Apply for an account, place 5 bets (each with a risk of £20 or more) and Sporting Index will give you £100 cash paid straight into your account.
- Check out the latest offers from Sporting Index by clicking here.
As there are not many alternatives to Sporting Index, their spreads can seem a little unfavourable at times. However if your willing to spend a bit of time checking out some of the markets you can find something that you can get some good value from.
A whole host of deposit options are available including, debit/credit card, money transfer and personal cheque. The minimum deposit is £150 when you open an account and £10 thereafter. This may seem steep, but if you know anything about spread betting it will seem quite acceptable. Withdrawals are straightforward, and you will usually receive payment onto your selected card within 3 days. Cheques are usually sent within 2 days of request.
All Sporting Index’s financial dealings are monitored by the FSA (Financial Service Authority) to protect customers and make sure they get a fair deal.
A company that realises the importance of top rate customer support, Sporting Index offer a variety of options to solve your enquiries. An ‘in-house’ customer service team are on hand between 9am – 8pm everyday of the week to answer queries either through their free phone service or by email. My calls were answered quickly with little waiting, even at busy times. The 1 hour email response policy between 9am-8pm at Sporting Index was justified when we made a number of enquiries, usually getting a solution in 30 minutes. A good all round service that you would expect from the Spread Betting market leader.
Spread betting challenges your skill, judgement and knowledge of your chosen area. The spread betting bookmaker makes predictions on various aspects of sporting or topical events. You then decide whether that prediction has been pitched too high or too low. Signup now for an account with Sporting Index.
In 2021 TradeHost traded 7,937 Betfair UK, IE, US & AU horse racing and greyhound markets.
2022 saw TradeHost become even more profitable with 22,698 Betfair markets traded.
All trades and bets were streamed live on JuiceStorm TV which was was watched by 124,209 Betfair Traders in 2022.
All results for the 30,635 Betfair markets traded are here and the charts are here.
Top 50 Comments on JuiceStorm.com
Spread Betting a very good way of wasting money.
Cut out the middle man.
Take all your money and throw it on the fire.
If you ain’t got a view backed up with solid research then you’re in just the same position as a mug punter on the horses.
But spread betting does have its place John. Share Betfair Trading incurs 0.5% stamp duty and stockbrokers’ commission. You are also liable to capital gains tax on profits that exceed your annual allowance.
Making an ‘up-bet’ on a share via spread betting produces the same exposure as buying the shares in the ordinary way, but there is no stamp duty and no stockbrokers’ commission.
For me it’s all about leverage John. You don’t have to pay cash up-front to cover your whole exposure. Bookmakers will often ask for initial margin of just 10% to 20% of the value of your position.
Value? Yes. IMO.
Sorry to read about your health challenges John. A friend of mine has the same. But not through alcohol. We went to school together but his early years were in Malta where they didn’t have bottled water and you couldn’t drink the tap water. So he got addicted to Coca Cola 30+ years ago. On his last visit from Thailand a few weeks ago his skin was in a terrible state. But with a change of lifestyle it’s amazing how quickly the liver can regenerate. Good luck mate.
‘Horse racing is not really featured at Sporting Index’ Have to disagree with this statement quite strongly! Plenty of markets on UK and Irish racing every day.
Hi Nick, thanks for letting me know. This is the start of a feature on spread betting we’ll be running and I don’t use them much these days. But they were one of the first companies I opened an account with. Memory’s not what it was unfortunately. 🙁 I am getting on, you know. I mainly get involved with the financials at http://www.igindex.co.uk, http://www.cantorindex.co.uk, http://www.paddypowertrader.com, http://www.capitalspreads.com, http://www.finspreads.com, http://www.cmcmarkets.co.uk and http://www.gnutrade.com amongst others. And they’ll all be reviewed over the coming months where my posts might be a bit more accurate.
Thanks again for pulling me up mate.
I think financials on spread betting is a different kettle of fish, and I would bow to your greater knowledge.
Sports betting I think the spreads are too wide.
Good fun though if you have some money you don’t need.
Hi John. Spread betting is all based on margins. If the spread is too large then I’d tend to agree. The search for value continues. Catch you soon mate.
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