We’ll outline the approach one should adopt when considering the spread betting welcome bonus. Keep in mind there’s no current Sporting Index promo code.
Spread betting isn’t like fixed-odds gambling. You stand to win – or lose – bigger than your stake. Fortunately, the 50% cashback offer up to £500 will soften the blow a bit. There are risks involved, but you can minimise those through sensible wagering and ensuring all bets are settled within the timeframe. For more traditional fixed odds welcome bonuses, you may want to look into the Mr Green bonus code or Toals sign up offers – especially if you live in Northern Ireland!
Reality Test: Wagering the Bonus
Sign up for a new account with Sporting Index. You can choose to have a credit account that is settled weekly or not. Upon signing you should claim your Spreads new account Cashback promotion. No Sporting Index horse racing offer codes necessary! You can now start betting on the spread. Remember to make sure all wagers are placed and settled within the seven-day timeframe. The sportsbook will cover 50% of your net losses up to a maximum of £500.
Not all sportsbooks have straightforward wagering requirements like Sporting Index, so bear that in mind. If you’re looking for some general guidance on betting strategies that relate to clearing these, then we can help. Gambling is about profit, so don’t let bonus terms get in your way!
Your cashback bonus is withdrawable after it is cleared in your account. Note how different this promotion is from the ComeOn welcome offer, for instance.
You’ll soon notice if you haven’t already picked up on us mentioning it, that Sporting Index offers a range of what you might call classic payment methods and some modern ones. Using a traditional option like a bank transfer made through a debit card is what you will have to settle for, as they do not accept Skrill or Neteller anymore. Think carefully about your withdrawal method if getting your hands on any winnings from spread betting is a matter of urgency. Sporting Index doesn’t charge you any fees, but will the service you are using to transfer funds?
Here’s hoping your spread betting experience is successful!
Pitfalls & What to Avoid when Claiming the Bonus
Never chase your losses
While you can win bigger than your stake when betting on the spread, you can also lose more than the amount you gambled too. That means it is especially important to be extra careful if you’re on a losing streak. Don’t chase your losses here, because there’s a high risk involved.
Don’t forget spread betting is different
If you’re used to fixed odds gambling, then betting on the spread is completely different. You have to keep in mind at all times this is essentially financial trading like stocks and shares but with sporting outcomes within a certain margin. Make sure you understand it as fully as possible.
Never bet on sports you don’t know
We often give this advice out on Horsebetting.com, but it’s especially important when it comes to spread betting. As the potential to incur greater losses exist, you simply have to know about the sport you’re gambling on. If not, then rethink your strategy. Always bet on what you know!
The obvious strength of this bookmaker is its raison d’etre; spread betting. You might think it’s easy to be top dog in a certain niche, but Sporting Index has not been without challengers to their area of expertise. There is a great range of customer service options and varied choices of payment methods. Another plus is the Sporting Index mobile experience as their dedicated app for iOS and Android devices allow you to bet on the spread easily on your smartphone or tablet. You also don’t require a Sporting Index promo code at the time of writing! What an easy process.
*New UK & Eire clients only. 50% cashback on cumulative net losses on qualifying spread bets placed and settled within 7 days of account opening. Fully, partially or reverse closed bets do not qualify. Max cashback £500. Full terms apply. Spread betting involves risk. Losses can exceed deposits. Always bet responsibly. 18+