HISTORY OF SPREAD BETTING

Financial spread betting dates back to 1974 when IG Index was created specifically to enable people to trade the price of gold at a time when exchange controls prevented buying the metal itself without paying a hefty premium. Indeed, the name IG Index refers to Investors Gold Index.

For a few years IG had the spread betting market to itself, but it was eventually joined by City Index and Sporting Index. In subsequent years Spreadex and Cantor Index have joined the fray.

Spread betting has enjoyed a meteoric rise to prominence over the last 15 years. It may have once been the exclusive preserve of a couple of financial bookmakers in the City of London, but with the emergence of Sporting Index it has made a lasting change to the face of sports betting. Sporting Index currently has around a 70% share of the sports spread betting market, establishing it as the world leader in sports spread betting.

Section 4: What is Sports Spread Betting?

Risk Warning - Please ensure you understand the risks with sports spread betting as it involves a higher level of risk and you can lose more than your original stake. Remember to bet responsibly. Sporting Index is authorised and regulated by the Financial Services Authority. Click here to read the Sporting Index Disclaimer.

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