This is where Spreadex are ahead of the competition as neither of their main rivals offer this service. At the time of writing, Spreadex, unfortunately, do not offer a free demo account for practising spread betting before you start with real money. They have been around since and now have over employees. Sporting Index offer markets on many different sports, politics, events, and online virtual games and casino games. All of the sports markets offered by Sporting Index are as follows: American football, baseball, basketball, boxing, cricket, darts, football, golf, greyhounds, handball, horse racing, ice hockey, motor racing, rugby union, tennis and volleyball.
Football is one of their most popular markets, and sub-markets include supremacy, goals, goal times, handicaps, correct score, and even own goal minutes. This is just a handful. They are well-trusted as they have been around for many years. Users report that payouts are fast and reliable. The website itself is starting to look a bit dated. Personally, I am not a fan of the white text on a blue background, but that is up to the individual. They also offer a very reliable app for mobile devices so you can bet on the go.
They also look back at previous events with statistical analysis to help you predict your next result. You can check out the entire history of results for any particular sport through their Results Centre. This is a big help in looking up past events to help you pick your winners in the future. The customer service offered by Sporting Index is second to none. You can contact them via live chat, email or telephone. They are also very active on Twitter. Note that credit card deposits have a 1.
Withdrawals are instant for both Skrill and Neteller but will take days for other methods. This free trial lasts for 14 days and allows you to place practise bets. This can help you see how prices move throughout an event and teach you what to look out for when placing your bets.
SportsSpread is an Ireland-based spread betting company. They have been around since the year , and have been online since They offer markets on American football, baseball, golf, football, tennis, cricket, rugby league, rugby union and horse racing. SportsSpread have a handy Spread School where you can learn all about spread betting and get a few tips from the pros.
Time will tell if this is the case. Being based in Ireland, they also offer markets on Gaelic football which the other two big sites do not offer. Their website is probably the worst looking out of the three sites reviewed here. It is pretty dated and not particularly user-friendly. There is a turnover requirement for this bonus and is usually about three times your deposit value added to their top-up.
You can still claim this rebate even if you win. This has led to a few horror stories online of people unable to withdraw their winnings. You can deposit funds online either through debit or credit card, although a fee applies for credit card deposits. Around there a lot of stories of people not being able to withdraw their winnings. The company has changed hands since then but there is still a stigma surrounding them.
There are a handful of other services out there that cater for spread betting. Most of these programs are tipster services that send out their best picks for the day. These programs will offer odds usually through the two main spread betting sites Spreadex and Sporting Index.
Some reviewers had a great trial month, making up a few hundred points. Our advice is always to make your own mind up when it comes to tipsters. It might be worth trialling a spread betting tipster yourself to get a handle on which selections they are looking for, and then start to make your picks. Sporting Index is the big daddy of the spread betting world.
They have excellent market options and their sign-up offer is probably the best in the industry. The website could be a little better looking, but this is down to personal opinion. For us, Sporting Index is the pick of the bunch, and our number one recommendation for sports spread betting in Spreadex is a great service offering good spreads and a great range of markets.
They have pretty much any market you could want and have great ease of use. Their website looks good and is easy to navigate. SportsSpread comes out at the bottom of the main sports spread betting sites. Their website is clunky and in dire need of updating. Their offers seem pretty reasonable, but the likelihood of actually receiving them is pretty slim based on user reviews.
While they have made progress over the last few years, all the horror stories are still fresh in the minds of punters, and for that reason, we would suggest to stick with the two big dogs for the time being. To prevent this from happening, most spreads are given as fractional half-points.
Have you decided if spread betting is for you? If you are confident in your ability to predict a winner, you can be rewarded much more than with traditional fixed-terms betting. However, it is important to remember that losses can be equally large. There are several different spread betting platforms available in the UK for spread betting. There are also several tipster services available for a monthly fee. In sports spread betting, SpreadEx offer markets for football, cricket, rugby, horse racing, tennis, and golf.
You can use their site to spread bet on football, golf, tennis, cricket and rugby. Sporting Index also offer fixed-terms betting and casino games. It is important to have the right mindset before getting into the world of spread betting.
Although the potential for profit is greater than with fixed-terms betting, the potential for loss is equally as great. The key thing to remember is that unlike with fixed-terms betting, you stand to lose more than your stake. This is taken into account by the bookmaker, and they may ask for a deposit in order to place your bet.
This security can also be taken on using credit, however, this is, of course, more dangerous for the punter. It is important to set aside money for gambling and keep your personal finances separate. Many unfortunate people have fallen into a gambling spiral through spread betting and lost their personal assets, including housing. It would be pertinent to have a spreadsheet system set up at home so you can keep track of your bets. This also provides you with a record of successes and failures you can learn from moving forward.
We will discuss this later on in this spread betting guide. Before you start spread betting, it is important to decide your intentions. Are you gambling for fun or are your gambling with the sole purpose of making profits? A professional will always do as much research as possible before taking any action.
Remember you are betting against the house, and of course, the house always wins. Spread betting firms have huge amounts of statistical data at their disposal when they come up with their odds. If your basis for backing a certain football team is their one-star player. You may have made a mistake in having already placed your bet. However, betting early means you can take advantage of odds that have not been adjusted to the market yet.
Price-following companies will wait to see which way the market is moving before releasing their odds, but price-setting companies can be taken advantage of if you believe your research to be better than theirs. Another tactic is to stick to one market. Over time, you can become more knowledgeable and therefore make more informed decisions.
Or for football, perhaps just stick to a single division. Try not to be distracted by hype. It is important to focus on the statistics and make sensible, informed decisions. Avoid betting on matches involving your home team in football, for example. There are markets available through spread betting that are not available with traditional fixed-terms betting.
This involves predicting how dominant the winner will be in an event. If they score more goals than the price point you bought them for, you will win your stake multiplied by how many goals over that price point they win by. We can take advantage of the offers provided by spread betting companies using our matched betting method.
This includes sign-up offers and free bets. This means you can sign up, place a bet, and keep whatever winnings you make. Remember, if you lose more than this amount you will be liable for it out of your own pocket. SpreadEx also have a sign-up bonus. This means that instead of having to buy or sell above or below the spread, you can bet at the midpoint of the spread. Using our matched betting method, we can make free profits using these and other sign-up offers.
It is important to keep your total risk as low as possible when spread betting. An easy way to do this is to set up a stop-loss, or a credit limit that means you will automatically be traded out of a bet in the case of a heavy loss. Many traders simply pick an amount to stake out of thin air, or just always stake the same amount.
This is a mistake. To be successful, you must take into account the size of your bank, the perceived risk, and how much of your bank you are prepared to risk. This is why it is key that you have a large bank, to begin with when getting into spread betting.
Even if you are making a long-term profit, there will always be a few days in a row where you make losses. If your stake is too large when you make your losses, the overall decrease in your bank size could take a long time to recover from. The world of sports betting is an inherently volatile one.
Huge comebacks and capitulations are commonplace in the world of sports. Part of controlling your risk is having the ability to cash out in to lock-in a profit or prevent a catastrophic loss. As well as doing your research before the event, you must constantly analyse the event during play if you have the option of cashing out. If you can sense that the tide is turning against you, it is often better to cut your losses and try again another day.
There are many reasons for keeping track of your spread betting. You need to be sure which bets you have made in order to keep track of your risk. Although sports spread betting is somewhat different, they share many of the same concepts when it comes to managing risk and especially when keeping track of your results. There are many spreadsheet templates available for free, like this example. As well as keeping track of your bets, you can also track your total risk at any given time.
Whilst it is less time-consuming to use a spreadsheet created by someone else, a lot can be said for creating your own. You can select your favourite metrics from the free options out there, and combine them into your custom spreadsheet.
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