2007/02/28 - Review by Ira Nanson

BetHiLo was launched in January 2003 by Sporting Index and now brag they are leading the field and have so far captured 70% of the UK market.

The two sites (BetHiLo and Sporting Index) mirror each other in appearance, coverage and spread betting, however there are fundamental differences between the two; the stakes are much lower at BetHiLo with the minimum as low as 1p per point and the winnings and losses are limited.

With a play for fun tutorial feature BetHiLo is the perfect place to learn the skill of spread betting, the process is simplified and the risks are fully detailed before you place a bet.

If the time comes when you want to up the limits give their customer support team a call and they will upgrade you with a Sporting Index account.

At first it seems quite wayward especially to the veteran fixed odds player but spread betting adds an exciting alternative to the norm. Basically the bookie gives a prediction on an event and depending how far off the bookie's prediction is and how right you are determines how much you win.

Here is an example taken from SportingIndex:

• We might make Arsenal favourites to beat Tottenham by 0.1-0.4 goals. Therefore, if you think Arsenal will win you might bet high at 0.4 for the stake of your choice, in this case, £50 a goal.
• If Arsenal were to win the game 4-1, their winning margin (make-up) would be 3 goals.
• Had you gone high at 0.4 you would have made 2.6 times your stake.
• (3 - 0.4) x your stake = 2.6 x £50 = £130
• But if Tottenham had won 1-0, the same bet would have lost you 1.4 times your stake.
• (0.4 - -1) x your stake = 1.4 x £50 = -£70

Place wagers on American football, basketball, bowls, boxing, cricket, golf, greyhound, happy hour, horse racing, ice hockey, rugby, snooker, soccer, tennis, entertainment and special bets.

BetHiLo offers round the clock betting and is the only book to offer spread betting on Sky television and Attheraces.

Mobile betting is also available plus casino, poker virtual racing and games.

Deposit options are limited to just NETeller and the major credit and debit cards; Visa, Mastercard, Maestro, Switch, Delta and Visa Electron.

This London based organization was founded in 1992 and is licensed and regulated by the Financial Services Authority in England. With a very good payout performance and known to be financially stable BetHiLo is the perfect location to get acquainted with spread-betting.

SGR Sports Gambling Review rates BetHiLo:

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