Title: A Guide To Spread Betting
Author: Jamie Currie
Article:
A Guide To Spread Betting
Spread betting comes in two forms, sports and financial. Both
work in the same way, by predicting if the bookie have it right
or wrong, the more right you are the more you win. In spread
betting you do not know how much you will win or lose before the
event has finished. It can be a very volatile business but just
like fixed odds betting, as long as you are sensible and make
sure you fully understand how the game works, you can enjoy the
most exciting form of betting there is without the risk of
losing the shirt off your back!
How does it work? Here are a couple of examples taken from
Sporting Index.
Supremacy This is a market predicting a team's dominance over
their opposition. We will predict how many more goals any given
team will score against their opponents.
Example: 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
Why Spread Bet? Spread betting has some significant benefits
when compared to other forms of betting:
1. Your involvement lasts all the way through to the last
minute. 2. The more you're right, the more you win and vice
versa. 3. You can close bets or open new ones at any time during
live events. 4. You can back teams or individuals to perform
well or badly. 5. You can oppose favourites without nominating
who will beat them.
About the author:
Jamie Currie runs a
free bets website and a
horse racing tips website.