Sporting Index Bonus Code 2020
Last updated & tested: 2020-03-13
Redeem Your Sporting Index Sign Up Offer
The Sporting Index offer that forms their welcome bonus is a £50 no deposit promotion. You don’t have to put any of your own capital in when signing up nor do you require a promo code for Sporting Index in order to get involved. As this review will highlight time and again, this is not a regular sportsbook but a firm that offers trading and betting on the spread. It means that you can’t have regular bets and there are some particularly important terms and conditions attached to the new customer offer. As you have liability for any losses incurred when betting the welcome bonus, this is not a Sporting Index free bet and we’ll discuss all this in more detail below!
SportingIndex:
Get to know the bookmaker
Sporting Index took less than a decade to bring the spread betting experience online when they launched their sportsbook in 2001. The company was founded in the UK back in 1992 as an alternative to regular bookmakers and exchange betting. As it’s essentially a financial trading operation, it is regulated by that sector rather than the UK gambling commission. If you’re looking for fixed odds betting, then this isn’t something they offer. Instead you are either buying or selling the spread – set outcomes above or below a certain margin determined by Sporting Index traders.
The Sporting Index horse racing sign up bonus
Chief among the Sporting Index horse racing offers is the new customer welcome bonus of £50 with no deposit needed. You get this automatically when registering for a new account on the sportsbook. A Sporting Index horse racing promo code isn’t required here. You then have seven days you place and have £50 worth of spread bets settled or you’ll lose any outstanding bonus. If you have a bet not settled within that first week after signing up, then you could be liable to cover any wagers that are still open. Any net profits made over and above that £50 are yours to keep, so it’s not quite a Sporting Index free bet that’s on offer here. There are some market restrictions in the terms and conditions you need to know about too. Bets on virtual games, the basketball match 100 index, cricket 100-50-0 index, darts player 100 index, football win and 100 indexes, rugby league team win index and tennis match 100 index aren’t covered by this promotion. You are liable for any losses you incur over £50 on spread betting, so be aware if all does not go well this could end up costing you money despite not making an initial deposit to get the bonus. It’s one of the unique things about this type of gambling that you could win – or lose – more than you stake. If you’re unsure of what you’re getting yourself into, then check the terms and conditions and there are also spread betting guides on the Sporting Index sportsbook with more information.
Terms of Sporting Index horse racing joining offers
We’ve got more analysis for the terms attached to that no deposit welcome bonus of £50 if you fancy trying your hand at spread betting on Sporting Index horse racing or another sport. Just in case you’ve missed any details, we’ll outline them again. Remember, no Sporting Index horse racing bonus codes are necessary to get involved. You must also wager through the £50 quickly as all bets must be placed and settled within the seven-day timeframe to be covered by the bonus.
Overall rating
What’s behind that no deposit welcome bonus?
Spread betting isn’t like fixed odds gambling. You stand to win – or lose – bigger than your stake. In relation to this new customer offer and Sporting Index horse racing sign up bonuses, that means you are liable to any payouts over the £50 of promotional cash you get after registering. You are also responsible for any open bets you subsequently lose but have placed during the seven days. There are risks involved, but you can minimise those through sensible wagering and ensuring all bets are settled within the timeframe.
Eligibility
You must be aged 18 or over to gamble and hold betting accounts legally in the UK. That apart, the only other restriction that is expressly mentioned in the Sporting Bet terms and conditions is the promotion is limited to one per household.
Withdrawal
The free bet no deposit bonus is not withdrawable in itself, but any winnings you make off betting on the spread with the £50 can be taken out of your account once the timeframe ends. Be aware any losses over £50 you are liable to pay yourself.
Activation
No Sporting Index horse racing promo code is needed in order to activate this offer. You don’t need to opt in to this welcome bonus either. It will be automatically credited to you once you have completed registration for your new account.
Payment Options
There are no specified limitations on the payment methods available through Sporting Index in relation to this new customer offer. This is because you don’t need to make a deposit in order to receive the welcome bonus in the first place.
Timeframe
You have seven days from completing registration to play through your bonus. That means that you place and have all spread bets settled. You will be liable for any outstanding bets or losses over the £50 amount contained in the promotion.
Betting Markets
The following limitations are in place in relation to this offer: bets on virtual games, the basketball match 100 index, cricket 100-50-0 index, darts player 100 index, football win and 100 indexes, rugby league team win index and tennis match 100 index. Any other market is eligible for this promotion.
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How to claim your Sporting Index bonus
- 1 Sign up for a new account with Sporting Index. You can choose to have a credit account that is settled weekly or not.
- 2 Upon signing up you automatically receive the welcome bonus of £50 promotional cash for spread betting. No Sporting Index horse racing offer codes necessary!
- 3 You can now start betting on the spread with your promotional cash. Remember to make sure all wagers are placed and settled within the seven-day timeframe.
How to clear your bonus fast
Your withdrawal options from Sporting Index
While you don’t need to know about a Sporting Index horse racing bonus code, learning about the payment options available on their sportsbook is very useful. Any profit over the £50 you are given as promotional cash in the first seven days is eligible to be taken out of your account once that week is over. Our payments table contains all the information that shows how you can make a quick withdrawal from Sporting Index. Here’s hoping your spread betting experience is successful!
You’ll soon notice, if you haven’t already picked up on us mentioning it, that Sporting Index offer a range of what you might call classic payment methods and some modern ones. Using a traditional option like a bank transfer made through credit or debit card is going to take a little longer than an eWallet service such as Skrill or Neteller. Think carefully about your withdrawal method if getting your hands on any winnings from spread betting is a matter of urgency. Sporting Index don’t charge you any fees, but will the service you are using to transfer funds?
| Payment Method | Deposit/Payout | Processing Time | Limits min/max | Fees |
|---|---|---|---|---|
|
Deposit: |
Immediately | - | No |
|
Payout: |
Immediately | - | No |
Common mistakes to avoid on spread betting
Two top tips to get the most out of betting
Learn trading secrets
We can’t repeat this often enough; betting on the spread is not like fixed odds gambling. It’s a whole different ball game, so you need to get clued up on how it works. Learning how to be a good trader is sound advice for betting on the exchanges and it applies again here. If you feel you know something the Sporting Index traders don’t and they’ve priced up margins on potential outcomes for a sports event wrong, then that’s the perfect time to put your money where your mouth is. Maybe a horse got badly tailed off last time it raced in similar company or over this distance. If on all known form nothing points to it getting near another horse that it’s in a match bet with (you’re often dealing with +/- 15 lengths), then use that to your advantage. Work on becoming a gifted amateur trader!
Get studying the form
With horse racing, nothing else but studying will do if you want to have a successful time of it gambling. This applies to fixed odds, exchange and spread betting. You need to know when to buy or sell the spread margin and there’s no way round this, you’ve got to know the form in order to do that. Task yourself with finding out the following. Is a particular horse a course/distance winner? What ground does it act on best and will it get that in a particular race? How are a horse’s trainer and jockey getting on? Are they in-form, saddling and riding winners? Is there a certain time of year when a horse performs best? What, if anything, does its breeding tell you? Is there a particular racecourse where a horse does particularly well? The more answers you can find, then the better in theory your betting should be.
About Sporting Index
We’ve touched on this before, but Sporting Index was founded in 1992 with just five employees in London. By 2001, they were ready to bring the spread betting experience online with the launch of their sportsbook and have continued to dominate that particular corner of the gambling market in the UK ever since. Since 2015, Sporting Index has been owned by Swedish businessman Magnus Hedman.
Put on a good spread
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 have not been without challengers to their area of expertise. There is a great range of customer service options and varied choice of payment methods. Another plus is the Sporting Index mobile experience as their dedicated app for iOS and Android devices allows you to bet on the spread easily on your smartphone or tablet.
Facts
- Founded: UK/1992
- Number of employees: 225
- Turnover (year): £37,000,000
- Number of customers: -
- Betting margin:
- Specialty: Spread betting
Our conclusions about the Sporting Index bonus
Getting a no deposit bonus is always great, but be aware of the risks you’re running in taking this one on. Unlike fixed odds you could win or lose more than you stake through Sporting Index. If you’re comfortable with that and the concept of spread betting, then this holds plenty of appeal. Just seven days to clear the bonus may be too little time for some tastes, but you’re likely to be a serious punter if you’re taking up this opportunity anyway.
Bet through Sporting Index before?
There isn’t any need for a promo code for Sporting Index nowadays, but perhaps in the past there was? If you’ve joined this firm we would love to hear about your betting experience with them. Did you use a Sporting Index horse racing bonus code in the UK? What is your opinion of the gambling service they provide? Sign up to Horsebetting.com for free and tell us all about it. You’d be doing us and fellow punters a massive favour by offering your unique insight on this specialist area of sports betting. So please post a comment or review.
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