- Home
- Betting school
- Index Betting Guide
Betting school
Index Betting Guide

On this page 3 sections
Betting On Indexes
Before learning how to bet on indexes, you should first know what an index is. An index is a group of stocks from a country for a certain part of the stock market.
There are indexes all over the world, and a few of them are the S&P/ASX 200 that is comprised of the 200 biggest companies in Australia, and the FTSE100, which is made up of the 100 biggest companies in the United Kingdom.
Sportsbook bonuses
Sportsbooks taking US players: welcome offers
Offers checked
- 1

MyBookie Top pick
On the US market since 2014
- Sportsbook
- 8 cryptos accepted
- Live dealer
- Fast payouts
Wagering 10x · Since 2014 · Payouts 12-24 hours · Coins BTC, BCH, LTC, ETH
100% up to $1,000Sportsbook welcome offer
Promo codeMYB100Claim bonus21+ · New players · T&Cs apply
Bonus terms
- Offer
- 100% up to $1,000
- Wagering
- 10x
- Code
- MYB100
- Casino
- 300% up to $2,000 + 50 free spins
Banking
- Crypto
- BTC, BCH, LTC, ETH, USDT, ADA, DOGE, SOL
- Payouts
- 12-24 hours
Brand facts
- Products
- Casino, Sportsbook, Live dealer
- Founded
- 2014
- Licence
- Curacao (Curacao Gaming Authority); licence number 8048/JAZ2014-028 per snippet
- 2

Bovada
Listed by 6 of 8 US review portals
- Sportsbook
- 7 cryptos accepted
- Live dealer
- Fast payouts
Wagering 5x · Since 2011 · Payouts up to 1 hour · Coins BTC, BCH, BSV, LTC
75% up to $750 with a 5x rolloverSportsbook welcome offer
Promo codeBTCSWB750Claim bonus21+ · New players · T&Cs apply
Bonus terms
- Offer
- 75% up to $750 with a 5x rollover
- Wagering
- 5x
- Code
- BTCSWB750
- Casino
- 125% up to $3,750 across your first three deposits
Banking
- Crypto
- BTC, BCH, BSV, LTC, ETH, USDT, Bitcoin Lightning
- Payouts
- up to 1 hour
Brand facts
- Products
- Casino, Sportsbook, Poker, Live dealer
- Founded
- 2011
- Licence
- Anjouan Gaming Board, Union of the Comoros (licence L11549/HM, 2023) and Central Reserve Authority of Western Sahara; historically Kahnawake, then Curacao after 2017
- 3

BetOnline
Listed by 2 of 8 US review portals
- Sportsbook
- 16 cryptos accepted
- Live dealer
- Fast payouts
Wagering см. условия оператора · Since 2001 · Payouts up to 24 hours · Coins BTC, ETH, LTC, DOGE
50% free bet up to $250Sportsbook welcome offer
Promo codeFREE250Claim bonus21+ · New players · T&Cs apply
Bonus terms
- Offer
- 50% free bet up to $250
- Wagering
- см. условия оператора
- Code
- FREE250
- Casino
- 100 free spins + 50% up to $250 in sports free bets
Banking
- Crypto
- BTC, ETH, LTC, DOGE, AVAX, BNB, BCH, ADA, POL (Polygon), XRP, SHIB, SOL, XLM, USDT, TRX, USDC
- Payouts
- up to 24 hours
Brand facts
- Products
- Casino, Sportsbook, Poker, Live dealer
- Founded
- 2001
- Licence
- Panama (Junta de Control de Juegos / Panama Gaming Control Board)
- 4

BetUS
Listed by 1 of 8 US review portals
- Sportsbook
- 6 cryptos accepted
- Live dealer
- Fast payouts
Wagering 14x sports · Since 1994 · Payouts 24-48 hours · Coins BTC, BCH, LTC, ETH
125% up to $2,500 (100% sportsbook + 25% casino)Sportsbook welcome offer
Promo codeJOIN125Claim bonus21+ · New players · T&Cs apply
Bonus terms
- Offer
- 125% up to $2,500 (100% sportsbook + 25% casino)
- Wagering
- 14x sports
- Code
- JOIN125
- Casino
- 250% up to $5,000
Banking
- Crypto
- BTC, BCH, LTC, ETH, USDT, USDC
- Payouts
- 24-48 hours
Brand facts
- Products
- Casino, Sportsbook, Live dealer
- Founded
- 1994
- Licence
- conflicting: Curacao Gaming Commission (bettingnews, vegasodds); Mwali/Moheli, Comoros (Wizard of Odds, updated 2026-09-17); Anjouan also cited in some snippets
- 5

Xbet
- Sportsbook
- 10 cryptos accepted
- Live dealer
- Fast payouts
Wagering 10x · Payouts within 24-48 hours · Coins BTC, LTC, ETH, BCH
100% up to $200 (crypto) / 50% up to $200 (card)Sportsbook welcome offer
Promo codeXBCRYPTO100Claim bonus21+ · New players · T&Cs apply
Bonus terms
- Offer
- 100% up to $200 (crypto) / 50% up to $200 (card)
- Wagering
- 10x
- Code
- XBCRYPTO100
- Casino
- 200% up to $500
Banking
- Crypto
- BTC, LTC, ETH, BCH, USDT, DOGE, ADA, BNB, SHIB, SOL
- Payouts
- within 24-48 hours
Brand facts
- Products
- Casino, Sportsbook, Live dealer
- Licence
- Curacao (gamblingsites, sportsbooks.ag, basketballinsiders); mytopsportsbooks states Costa Rica
- 6

SportsBetting.ag
On the US market since 2003
- Sportsbook
- 11 cryptos accepted
- Live dealer
- Fast payouts
Since 2003 · Payouts within 24-48 hours · Coins BTC, BCH, ADA, DOGE
50% up to $250 in free bets + 100 free spinsSportsbook welcome offer
Claim bonus21+ · New players · T&Cs apply
Bonus terms
- Offer
- 50% up to $250 in free bets + 100 free spins
- Casino
- 100 free spins welcome offer
Banking
- Crypto
- BTC, BCH, ADA, DOGE, ETH, LTC, SOL, TRX, USDT, USDC, XRP
- Payouts
- within 24-48 hours
Brand facts
- Products
- Casino, Sportsbook, Poker, Live dealer
- Founded
- 2003
- Licence
- Panama (Panama Gaming Control Board / Gaming Commission) per vegasodds and gamblingnews; lcb.org says no licence disclosed, formerly claimed Antigua
- 7

Red Dog
Listed by 1 of 8 US review portals
- 7 cryptos accepted
- Live dealer
Wagering 35x · Since 2019 · Payouts 1-3 business days · Coins BTC, ETH, LTC, DOGE
200% up to $8,000 over 4 depositsWelcome offer
Promo codeWAGGINGTAILSClaim bonus21+ · New players · T&Cs apply
Bonus terms
- Offer
- 200% up to $8,000 over 4 deposits
- Wagering
- 35x
- Code
- WAGGINGTAILS
Banking
- Crypto
- BTC, ETH, LTC, DOGE, XRP, ADA, USDT
- Payouts
- 1-3 business days
Brand facts
- Products
- Casino, Live dealer
- Founded
- 2019
- Licence
- Anjouan (Union of Comoros), licence ALSI-122310020-F16; earlier Curacao (Gaming Services Provider N.V. 365/JAZ)
- 8

SuperSlots
Listed by 3 of 8 US review portals
- 10 cryptos accepted
- Live dealer
- Fast payouts
Wagering 48x · Since 2020 · Payouts 0-48 hours · Coins BTC, ETH, LTC, DOGE
400% up to $4,000Welcome offer
Promo codeCRYPTO400Claim bonus21+ · New players · T&Cs apply
Bonus terms
- Offer
- 400% up to $4,000
- Wagering
- 48x
- Code
- CRYPTO400
Banking
- Crypto
- BTC, ETH, LTC, DOGE, ADA, SOL, USDT, USDC, BNB, AVAX
- Payouts
- 0-48 hours
Brand facts
- Products
- Casino, Live dealer
- Founded
- 2020
- Licence
- Panama Gaming Commission
21+ only. These operators hold offshore licences and accept US players; availability depends on your state and local law. Bonus amounts, wagering and codes are taken from each operator's promotions page — read the full terms before you deposit. Gambling problem? Call 1-800-GAMBLER.
Indexes can be bet on using CFD’s, which stands for Contract for Difference and is a contract used to get the value difference of a commodity, asset, from the opening time to the closing time of the contract.
When you are index betting, it is only speculation on the index and if it will rise or fall. You will not purchase actual physical shares, and index betting is trading an asset rather than purchasing it.
You are betting on the price movement of the index, whether the value of it will increase or decrease. If you buy, you think the value of the index will increase, and if you sell, you think the value of it will decrease.
You can make money betting on indexes, and financial guru Warren Buffet has won millions. There was a Warren Buffett index fund bet in 2008 on the S&P 500, and he has stated that index betting is the best investment.
However, you do not have to be a millionaire to bet on indexes, as you can bet as much as you like with many beginning traders starting small.
How Is The Price Of An Index Calculated?
Before we discuss index betting we should first outline how the price of an index is calculated. The value of an index is done in a couple of ways. Most of the indexes around the world are capitalization-weighted, meaning that a company with a higher value will have more of an impact on the price of the index.
There are some of the bigger indexes such as the Dow Jones in America and the Nikkei 225 in Japan, which are price-weighted. This means that a company that has a higher price per share will affect the price of the index more.
For example, if a company has a price per share of $50, they will have five times the influence on the index than a company with a price per share of $5.
Picking the Right Betting Site
There are many sites on the internet where you can take advantage of index betting. You have to make sure they are licensed and have all the tools you need for index betting.
If you do a little research, you should find an index trading site just right for your index betting needs. It is important to check out the platform used to see if it is right for your betting situation.
Many sites will offer a demo mode where you can check out the platform and use it for free to get a feel for it.
Sports Betting
Index betting cannot only be done on indexes but for sports as well. There is football betting card index and card index betting explained is rather simple, as you are betting over or under the amount of red and yellow cards in a match with a red card worth two points and a yellow card worth one point.
For example, if Chelsea and Arsenal are playing with a football betting card index of 5.5 and there are five yellow cards (five points) and one red card (two points), that is seven points, so the over would be the winning bet.
Typical index sports betting is just like regular index betting with the difference in the buy and sell prices being the margin. The asset could be things such as total goals in a football match, how many points are scored in a basketball game, or the total number of games in a tennis match.
The wins or losses for the person taking part is the difference between what is traded, the bet, and the outcome of the event.
Here is an example of index sports betting for the total number of points scored by a team in a basketball game. You see 89 and 93 as the totals available. If you buy at 93 for $5 per point and there are 99 points scored in the game, you would win $30 (six more points being scored than 93 x your stake per point, so six multiplied by $5 = $30).
If you think the total will go under 89, you sell at say $10 per point. If 81 points are scored, that is eight points less, so eight multiplied by your stake of $10 for a profit of $80. If you sell at 89 and the number of points scored is 100, that is 11 points higher, so you would lose $110 (11 x $10).
The sell for bettors can make for some big losses, but often, sportsbooks will allow you to cap the amount loss. Sporting index spread betting is a new way to get on sports, and some books have index betting tools such as the bet calculator paddy power index.


