The rip current warning index function, which estimates the likelihood of dangerous rip current in the real-time rip current warning system operating to help mitigate against rip current accidents at Haeundae beach, was studied. The rip current warning index evaluated as a function of various real-time observations was developed based on Choi et al. (2013b). This study shows a version of rip current warning index improved by including the effect of wave direction and spreadings of frequency-directional spectrum on rip current likelihood. The wave and tidal observations in 2012 at Haeundae coast were applied to the rip current index function, and its performances at several real events found based on CCTV images were presented and analyzed.