Spread Betting is something a little different to what you've been doing so far.
It may seem complicated, but the Sporting Index offer is very often risk-free and can be worth £50+ so it is worth doing.
Here is a short summary of spread betting:
Spread betting gives customers the opportunity to bet for or against a prediction, by going higher or lower. For example, Sporting Index might list a prediction that the Total Goals on the Germany v Brazil World Cup game would be 2.7-2.9. If you thought that there would be more goals than that, you would 'Buy', which means to go high. If you thought there would be less goals than that, you would 'Sell', which means to go low.
So, for the sake of this example, let's say that you decided to 'Buy' Total Goals with a £10 stake on this game at 2.9, the available price to buy on Sporting Index. As it turned out, there were 8 goals scored in that match. In order to work out how much you won, we take your starting price away from the final result.
So 8 - 2.9 = 5.1
Since your stake was £10, you would win £51.
On the other hand, if you had 'Sold' Total Goals at 2.7, you would have made a loss. You take your starting price away from the final result to calculate the loss.
8 - 2.7 = 5.3
Since your stake was £10, you would lose £53.
That's just a quick example of how a spread bet works. You do not need to understand it all that well. For us, it doesn't matter because whatever you lose with one company, you will win with another. For full instructions on how to complete the Sporting Index offer please see here: