Sporting Index Spread Betting
What is Spread Betting?
Sports spread betting provides you with the ultimate betting thrill and challenges your skill, judgement and knowledge of sport. Sporting Index make predictions on various aspects of sporting or topical events. You then decide whether that prediction has been pitched too high or too low.
You will notice that their predictions are presented in the form of two prices. This is a range known as the 'spread' and you bet low (also known as a 'Sell') at the first named price and if you wish to bet high (also known as a 'Buy') you would do so at the second price.
What you win or lose depends on the stake size you choose and how right or wrong you are – see the example below for clearer idea of how this works.
Great Bet for new clients*
Big £200 Football Bet with Sporting Index
Open a Sporting Index account*, place five sports bets and claim a £200 per goal bet on any live Premiership, Championship or Champions League match. Each qualifying bet must have the potential to win and lose £20 or more.**
*Credit and suitability checks, **terms and conditions apply. See site for further details about an account with Sporting Index. Sports spread betting involves a high level of risk and you can lose more than your original stake. It is not suitable for everyone so please ensure that you understand the risks involved and only bet with money you can afford to lose. Sporting Index is authorised and regulated by the Financial Services Authority.
Supremacy Bets – How do they work?
'Supremacy' is one of the most popular spread betting markets and basically predicts a football team's dominance over their opposition. Sporting Index predict the margin (in goals) by which a given team will beat their opponents, and you then decide whether this prediction is either too high or too low.
Example
Take the 2004/5 Norwich v Arsenal Premiership match as an example. Sporting Index made Arsenal the favourites for this game, predicting a winning margin ('Supremacy') for the Gunners of 1.5 to 1.7 goals. This is the 'spread'.
Let's say that you thought Arsenal would win by more than 1.7 goals (ie by two goals or more). You would therefore buy (bet 'high') at 1.7 goals for the stake of your choice. In this case, your stake is the free £200 per goal bet.
The final result was 4-1 to Arsenal; this means they won the match by a margin ('Supremacy') of 3 goals. Therefore had you bought (bet 'high') at 1.7 goals, you would win 1.3 times your stake:
(3 - 1.7) x your stake = 1.3 x £200 = £260 profit
However, if this had been a normal bet (and not a free bet) then you could lose more than your original stake. Let's say that you bought (bet 'high' on) Arsenal at 1.7 goals, but they only managed to beat Norwich 1-0. Then you would lose 0.7 times your stake:
(1.0 -1.7) x your stake = -0.7 x £200 = £140 loss
In this case, if Arsenal had beaten Norwich 1-0, the only way you could have made a profit would have been to sell (bet 'low') at 1.5 goals - the lower end of the spread. Then you would have won 0.5 times your stake.
Remember that with a Supremacy bet it doesn't matter what the final score is; it's only the winning margin that one team wins by that counts.
Latest Spread Betting News
Sporting Index now offers easyodds members the latest spread betting news and promotions to keep you informed. Can you afford not to have the inside 'spread' track?
The information contained herein is for your general information and use. In particular, it does not constitute any form of advice or recommendation by Sporting Index Ltd and is not intended to be relied upon by users in making (or refraining to make) any specific decisions.