Spread Betting Blog Uk

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Spread betting can be highly lucrative once you know what you’re doing. A spread bet is a wager in which the payoff changes based on the accuracy of the wager.
The more accurate the bet, the greater the payoff. Likewise, the less accurate the bet, the greater the loss.
Once you have got started with spread betting, you will see that there are a few different sites around. Which site is best for spread betting?
In this review, we will separate the wheat from the chaff and look at the advantages and disadvantages of some of the top spread betting sites available this year.
Spread betting is growing and growing in popularity. It provides bettors with the opportunity to move away from fixed odd outcomes.
It is very important to understand the basics with spread betting, more so than other betting techniques. This is because there is always the potential to lose a lot of money.
Once you have decided spread betting is for you, which site to use is the next question.
Spreadex was founded in 1999 by an ex-City dealer, who was attempting to make spread betting more accessible to the wider public.
They have been very successful since their founding, and have been featured in the Sunday Times PwC Profit Track 100 for three years in a row.
Spreadex offer financial spread betting, sports spread betting, fixed-odds betting and an online casino.
They also run a pitch at Kempton Park Racecourse. At the time of writing, Spreadex employ over one hundred people. 
They have a good website that it is easy to use. I like the standard black text on a white background which makes it easy to browse through at a glance.
They have a lot of markets so there is a lot of information in one place, but they manage the space well.
There are many events which you can watch directly on the website as long as you place a bet on the event. This includes tennis, horse racing, football and cricket. 
They have an app for ios and android phones, and the website is optimised for mobile use. At the time of writing, you can’t deposit funds on your mobile, only on the full website.
Spreadex has one of the biggest ranges of sports to bet on in the spread betting world. They offer markets on football, cricket, horse racing, tennis, cricket, American football, and others. They also offer bet-in-play markets for most major events.
The in-play betting with Spreadex is one of their best features, and allows you to cash-out early, and set up auto cash-out limits. 
Spreadex has an online blog where they pick their top bets of the month and offer valuable insights. It is well worth checking out. 
They are regulated by the FCA, and they do require you to jump through a few hoops when making your account.
This is standard when it comes to spread betting due to the potential to lose an amount greater than your stake. It can take a few days for you to pass compliance and be able to place trades.
Spreadex also offer bets on credit. When you open your account, you can apply for credit of up to £2000. This means you can get started without having to deposit funds into your account.
Currently, Spreadex is offering a free iPad or up to £300 cashback in your first 28 days with them. Just place bets on qualifying markets up to £300 in your first 28 days to get yours.
They also offer occasional ‘spread-free’ bets which are worth taking advantage of. This means that instead of having to buy or sell above or below the spread, you can bet at the midpoint of the spread.
Spreadex has a very successful financial trading side. If you are doing well in sports spread betting, it may be worth checking out the financial side.
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.
Sporting Index is the biggest spread betting company currently out there.
They have been around since 1992 and now have over 300 employees. Their website claims that they have a market share of over 70% for sports spread betting. 
Sporting Index offer markets on many different sports, politics, events, and online virtual games and casino games.
They do not offer financial spread betting like Spreadex do.
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.
The specific markets in each sport are also very numerous.
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.
Sporting Index run a spread betting blog that offers tips and tricks.
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.
At the time of writing, Sporting Index are offering £100 sign-up bonus.
This means you can sign up and use their free £100 to start betting straight away. You will be covered for your losses up to £100, but remember, if you lose more than this then you are liable to pay!
Sporting Index are also offering another bonus.
If you refer a friend and get them to sign up to Sporting Index, you can earn yourself a nice £100 referral fee. All you need is for them to make an account and settle three bets (with as minimum £5 stake). 
Sporting Index have several different deposit options.
These include credit/debit card, bank transfer, and both Neteller and Skrill. Note that credit card deposits have a 1.50% charge. Withdrawals are instant for both Skrill and Neteller but will take 3-5 days for other methods.
You can get yourself a free trial of Sporting Index to try it out for yourself.
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 2000, and have been online since 2001.
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. 
They do offer a few markets that the other two big sites don’t. This year they will be offering spreads on the NFL and are advertising that they will have the ‘best spreads’. 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. 
They have a few different promotional offers.
If you sign up for a new account on SportsSpread, they will match your initial bonus up to the value of £1000.
There is a turnover requirement for this bonus and is usually about three times your deposit value added to their top-up. 
This means if you deposit £50 they will match it with £50, and you, therefore, must turnover £300. 
They also offer a loyalty rebate of up to £1000 each month. You can still claim this rebate even if you win.
SportsSpread are regulated in the Caribbean and are not regulated by the FCA in the UK. 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.
Looking up the company online reveals a pretty bad history.
Around 2013-14 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. They usually charge a monthly fee of around £20-30. 
These programs will offer odds usually through the two main spread betting sites Spreadex and Sporting Index. 
There are mixed reviews of their services available online.
Some reviewers had a great trial month, making up a few hundred points. However, there are a fair few reviews out there where the trial lost money, one of which almost entirely lost a £1000 initial bank.
Our advice is always to make your own mind up when it comes to tipsters. While £25 a month isn’t a huge sum, you can pick and choose your stakes and if a selection doesn’t seem quite right to you, it’s best not to place your bet. 
With spread betting, it’s always better to be safe rather than sorry. 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. It’s your money!
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 2020.
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.
Their current offer is good value and is easy to make sure you meet the requirements.
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. Time will tell if SportsSpread becomes a major player in sports spread betting.
Based on our criteria, we would recommend Sporting Index for your spread betting needs.
That said, it is always worth checking out Spreadex as they do sometimes offer better spreads, and the website itself is, in our opinion, superior.

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This post was written by Andy Beggs. Andy is a keen sports fan and has been writing for Beating Betting from his home in Australia since August 2019.
Hi Andy I’ve recently opened an ac with Sportsspreads.com and didnt see the adverse comments on the internet until after I did so.
I deposited £2000 with them an have won £500 in my first week which I requested to be paid to me and ,the next day, was paid. I note your comments about their change in ownership and that they may have turned a corner. Are you still hearing of complaints about clients not being able to access funds with them or worse,having their accounts closed and deposits taken? One additional cause of concern was that earlier this week I tried to call them several times in succession and each time the call was answered and then immediately cut off. Something which would I suspect would never happen with Sporting Index or SpreadEx.Thanks
PS I note that you haven’t commented on Star Spreads another Dublin based sports spread betting firm who have been around for many years and I dont believe have attracted the past bad publicity that Sportsspread have unless any of your subscribers have had bad experiences with them ?
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Not very long ago Forex trading was enough to get most investors hearts beating but it seems that some are now looking for a better way to get the old ticker beating faster and a rush of adrenalin coursing through the veins. Financial spread betting is a way for investors to speculate on the movement of shares, currencies and other indexes and its popularity is growing rapidly not just in the UK but all over the globe. Spread betting UK is a way to gamble on whether an asset’s price will rise or fall and can be undertaken on a range of different things such as shares and commodities, foreign currencies, stock market indices and even house prices. The good thing is that you don’t have to actually purchase the item you’re speculating on. You just look at the prices given by a spread betting provider and decide whether they’re likely to rise or fall. Seems pretty simple really but to help you if it’s something you’d like to try we hope to give you all the basic information needed to get you on your way.
Before we go too deeply into the ins and outs of this new form of investment let’s take a look at the advantages it offers:
And it’’s only fair for us to consider the disadvantages here too:
Betting on the movement of an underlying instrument in the future is basically what spread betting involves. If you think the price of a currency, for example, is going to go up you place a buy bet and if you think it’s going to fall you place a sell bet. When trading in ordinary shares you only stand to make a profit if the price rises but with spread betting you can make a profit if you bet that it’s going to fall too.
A spread betting company quotes two prices. A bid price and an offer price and the difference between the two is known as the spread. The bid price is the one that you can sell at and the offer price the one you can buy at. The movement of the prices is measured in points. For equities 1 point equals one pence and for indices 1 point equals one pound. A bet can be placed of any value against a movement in the point. For example £1 per point, £5 per point, £10 per point etc.
When you want to close a bet you simply place a bet in the opposite direction at the same rate. You close a buy bet by selling at the current quote and vice versa. The profit or loss that you make is the points difference between the opening and closing bet multiplied by the value of your bet per point.
Let’s give you an example to show you how to spread bet by looking at a simple index spread bet in relation to the FTSE index:
The FTSE 100 currently trades at 4500 and a company is quoting a spread of 4450 – 4550 on the daily FTSE.
Investor 1 firmly believes that the index is going to go up so places a bet at 4550 for £1 per point.
7 days later the FTSE has gone up and the daily FTSE spread is 4600 – 4650
Investor 1 thinks it’s time to place a sell bet at 4600 to close out their deal and makes a profit of £50 (50 points x £1).
If the opposite happens and the FTSE index falls making the current FTSE spread 4400 – 4440 Investor 1 decides to close out by putting in a sell bet at 4400 they’ve now made a loss of £150 (150 points x £1)
All other forms of spread betting follow this simple example.
In the forex market investments are made by trading one currency for another. A currency price is quoted in relation to its price in another currency. There is a base currency and a quote currency. For example, if it takes 1.5 Canadian dollars to buy 1 US dollar USD/CAD would be expressed as 1.5/1.The US dollar is the base currency and the Canadian dollar the counter or quote currency.
When spread betting forex you need to understand how the spread is calculated. There is always a bid and ask price when quoting forex. The bid price is the price at which the forex broker is willing to buy the base currency and exchange it for the counter currency. In our example it’s USD for CAD. On the other hand the ask price is the price at which the broker is willing to sell the base currency in exchange for the counter currency.
Forex prices are always quoted to 5 figures so let’s say for example the USD/CAD bid price is 150.00 and the ask price is 150.05. The spread therefore equals 0.05 or $0.0005.
Let’s share some useful FX spread betting tips as it’s always good to get a bit of helpful advice whatever kind of investment you’re looking at making.
The forex market is extremely changeable from one minute to the next so consequently you could lose large volumes of money if you rush in and make the wrong decision. Keep your initial investment low to start off with and make full use of the brokers demo account before trading for real.
When spread betting forex you’re betting on specific currency pairs. As opposed to spread betting with shares when you can bet on a wide range of different companies. Also in the forex markets you’re putting yourself up against professionals such as big banks in the biggest market in the world. You should get really familiar with the fluctuations of the currency pair you’re investing in and not put your eggs in too many baskets.
Stop Losses are Something you Should get Comfortable Using
Setting a stop loss means you pay your broker to limit any damage from a unsatisfactory forex trade. If you don’t put one in place you leave yourself wide open to substantial losses particularly if you’re a novice. You’ll be able to get out of a trade that is losing you money at a guaranteed rate if you put in place a guaranteed stop. It may mean that you’re eating into your profits by paying for a stop loss but it’s better than your profits taking a real battering.
This type of trader will trade multiple positions during the course of one day. Trades can last from minutes to hours and make profits from small changes in the market.
This type of spread betting trader will trade a few positions over the course on one week. Trades typically last from one day to one week. This type of trader is looking to make a profit from market moves of 1-5%.
These involve a few trades over the course of one month and typically last between 2 weeks and a month. Profits are made from moves of between 5 and 10%.
This trader takes a few positions thr
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