Here at CleanFinancial.com we want to help you select the spread betting option that is right for you.
If you’re looking for Sports spread betting then have a look at Sporting Index. The self-proclaimed World Leaders in Sports Spread Betting offer:
Tax Free Betting*
You can buy or sell players, points, teams, match results
* Tax law is subject to change or may differ if you pay tax in a jurisdiction other than the UK or Ireland.
Why would you want to sports spread bet? Here's what they say:
"Sports Spread Betting Offers you more...
Win more for being right
Take your money and run
Back an individual to perform well or badly
Wider choice of alternative markets
Not as risky as you think
The excitement can't be beaten
Win more for being right
"A spread bettor dreams of big wins. That is the attraction. Being proved right and more importantly, being paid more for being right. Many sports spread bets offer the buzz of an open ended win. No other form of gambling on sport can serve up a similar rush. Fixed-odds betting produces a fixed return or loss.
Take your money and run
"Unlike a fixed-odds bet where you have to wait for an event to reach its conclusion before receiving any winnings, you have the power to take a profit on any spread bet as soon as that profit becomes available. The exchanges allow punters to hedge their positions by laying back their selections at skinnier odds, but many markets are not fast moving enough for this to happen
Back an Individual to perform well or badly
"There has been much media focus on the betting exchanges, and Betfair in particular, in the past five years as they provide the option for punters to back or lay a specific individual or team.
Spread betting gave birth to backing and laying. It gives punters the opportunity to bet on things NOT to happen, as well as individuals and teams performing well or badly. Fixed-odds betting will only focus on the performance of the entire team.
Wider choice of alternative markets
"Although many fixed-odds bookmakers are now offering a wider choice of markets, it is spread betting that really provides the variety in modern-day gambling which simply aren't available through any other betting medium
Not as risky as you think
"Spread betting has long had the stigma attached to it that it is risky. Like all forms of betting, it is only as risky as you want it to be.
"For example, a spread bet on a team's total innings runs in a game of cricket is seen as 'volatile' bet (meaning the result could end up a long way from our original prediction), but it needn't be risky.
"A high staking punter may bet £10 per run, which has a potential loss or win of about £2,000. Yes, this is big bet but remember, the bettor knows it's a big bet and will be placing it because they want to.
"You, like the majority of people, may not like betting with this sort of stake which is fine because you can bet on the same market for 20p per run, now the potential loss or win is only £40
"By controlling the size of your stake, you are controlling how risky spread betting is. It's exactly like one bettor having a £2,000 fixed odds bet on a team to win and one who has £40 - it's all down to what you feel comfortable with.
"A 'Stop Win/ Stop Loss' account is also a good way of controlling the risk. With this Sporting Index Account, every bet you place has a maximum win and loss limit but again, it correlates directly with the stake you choose.
The excitement can't be beaten
"Anyone who has had a winner at the races, seen the last leg of their acca come up in the pub on a Saturday evening, or backed the winner of a golf tournament knows the feeling winning can give you. However, the level of excitement that spread betting provides can magnify a bet massively. It can make the most mundane contest the most thrilling 90 minutes (or four days of your life). Imagine every tee shot, every chip, every putt all affecting how much you may win or lose from your initial hunch and stake.
"If your team / player / bet is doing well the buzz you get is incredible. You can sit in the comfort of your own home knowing that you've already reached the figure you bought at and it is anyone's guess how much you could end up winning. This simply doesn't happen with any other betting medium."
Editor’s Note: As with all spread betting, 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.
Stability and Regulation
Sporting Index is authorised and regulated by the Financial Services Authority.
Risk Warning: Spread betting carries a high level of risk to your capital. You may lose more than your initial investment. It may not be suitable for all investors. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.
'Sporting Index' by DB, updated 03-Dec-08
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Risk Warning: Spread betting carries a high level of risk to your capital and you may lose more than your initial investment. It may not be suitable for all investors. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.
* Tax law is subject to change or may differ if you pay tax in a jurisdiction other than the UK.
