Description
Register an account with Sporting Index, deposit and place a £10+ Fixed Odds bet on any sport and get £20 in free bets.
Sporting Index is owned by Spreadex. Therefore, if you already have a Spreadex account, it’s best to wait a while before signing up with Sporting Index. There have been mixed reports regarding the free bets for users who already had a Spreadex account. Some have reported not receiving the free bets, while others have received them fine.
Key terms
- The promotion applies to Fixed Odds bets only.
- Minimum stake of £10.
- Minimum odds of 1.50 (1/2).
- Your qualifying bet cannot be placed in play or cashed out early.
- Your first £10 free bet will be credited upon settlement of your qualifying bet.
- The second £10 free bet will be added to your account the following day.
- Both free bets will be valid on Fixed Odds markets only.
- The free bets must be claimed within 28 days of registering.
- The free bet stakes will not be returned with any winnings.
Always check the terms of an offer yourself before placing any bets. Bookmakers can amend their terms at any time, so it’s always worth double-checking.
Account setup
- Sign up for a Smarkets account if you haven’t already. You’ll need this to match your bookmaker bet.
MBB Special: £50 Amazon GIFT CARDS
Every signup via the link below will be entered into a free prize draw to win one of four £50 Amazon gift cards. Winners will be drawn 1st May 2024. T&Cs apply.
Matched Betting Blog receives a small commission when you sign up to Smarkets via the link above. It helps support the site and keeps it free for everyone to learn matched betting.
- Register an account with Sporting Index.
- Deposit £10 using a debit card.
- Select the ‘FIXED ODDS‘ tab at the top of any page to view regular sports betting odds.
- Switch to decimal odds.
Qualifying bet
- Check the back odds at Sporting Index and the lay odds at Smarkets to find a suitable selection. Your qualifying bet must be placed at minimum odds of 1.50 (1/2).
- Use the ‘Qualifying Bet‘ setting on the Matched Betting Calculator to calculate your lay stake.
- Place your £10 qualifying back bet at Sporting Index.
- Place your lay bet against the same selection at Smarkets.
Free bets
- Your first £10 free bet will be credited upon settlement of your qualifying bet.
- Check the back odds at Sporting Index and the lay odds at Smarkets to find a suitable selection.
- Use the ‘Free Bet‘ setting on the Matched Betting Calculator to calculate your lay stake.
- Place your first £10 free back bet at Sporting Index (both free bets must be claimed/used within 28 days of registering).
- Place your lay bet against the same selection at Smarkets.
- Repeat steps 11-14 for your second £10 free bet, which will be credited the day after your first.
Limit your qualifying loss to around £0.50 as a rough guide, and aim for £16 cash (80%) from your £20 in free bets. Based on those figures, you should make a £15.50 profit on this Sporting Index offer.
General advice and example for ‘Bet X, Get Y’ offers
Place your qualifying bets at low odds, ensuring you meet any minimum odds requirement. Use the ‘Qualifying Bet’ setting on the Matched Betting Calculator to calculate your lay stakes.
Once received, you can convert any free bets or bonuses into cash. Use the ‘Free Bet’ setting on the Matched Betting Calculator to calculate your lay stakes. It’s best to place free bets at high odds to maximise your profits.
See my ‘Bet X, Get Y‘ guide for a complete walkthrough of this offer type.
Learn matched betting the free, easy way.
The Matched Betting Academy
- Logically structured to tackle strategies and offers as you’re ready for them.
- Bag profits every step of the way. About £600 from welcome offers, and another £500 monthly.
- Make £15 from your very first offer.
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Matt Kirman – Matched Betting Blogger
Since 2014, I’ve blogged over £85,000 worth of profit, and made it my mission to make matched betting accessible to everyone.