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Basically, a ‘spread’ is a prediction of what will happen in a given market for a given sporting event, expressed as a BUY-SELL range. For example, the ‘spread’ for total goals in a football match might be 2.8 – 3.0.
This means that if you think the market, or the result, will be above the mentioned range, you will BUY. If you think it will finish below the mentioned range, then it will be SOLD.
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With sports spread betting, the more accurate you are, the more multiples of your stake you can win. But get it wrong and the more you can lose.
Your stake is the amount you decide to bet, per point move, so a £10 bet on Total Goals could win or lose £10 per goal. It is important to choose your stocks accordingly for different spread betting markets, as explained in more detail later.
For a quick explainer of sports betting, check out our how-to video tutorial below. Alternatively, read on for our written guide.
If you are new to sports betting, you may be wondering what the benefits of traditional fixed odds betting are.
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With a fixed odds bet, you are either right or wrong. But with sports spread betting, the more ‘correct’ you are in the bet you place, the more money you stand to win. In this sense, it rewards your skills, knowledge and judgment.
If you can think of it, you will most likely offer a spread bet on it. Not just the classics, such as Corners in football or Batsman Run in cricket – along with long-term prizes in all major and minor sporting events – but more esoteric offerings, such as Under-Players in golf or how many points or aces in tennis the player can score.
Spread bets offer you the opportunity to go against a favorite by selling on the spread – this is the equivalent of placing a bet on a betting exchange. For example, if you don’t like the horse leading the betting in a particular race, you can sell our Race Index spread. More on this is explained here.
Yes, you can bet on fixed odds, but spread betting was the founder of in-play betting. The buy or sell method means that this is a very fluid way of betting on live events, which allows you to partially or completely close positions during a game or event, or even change your mind and go completely on the other side with your bet!
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Spread betting can allow you to take a longer-term view on a meeting or horse racing event, or on an entire sporting tournament. For example, horse racing spreads allow you to bet on things such as “Winning Pitch” (the distance of the winning horse for each race in a full meeting or festival, aggregated) or cricket spreads you allow betting on a player’s predicted runs for a total. period. A test series or over an entire competition, such as the World Cup.
You can even use spread betting to get information on individual competitors in a race or match. For example, you can place a Player Performance bet on a football or cricket match, or with horse racing bets you can place a match bet on how well one horse will compete against another horse, or bet on performance of a knight named above all. meeting or festival.
The main difference between spread betting and fixed odds betting is that it is possible to lose more than your initial stake. So, you should keep these things in mind:
Some spread betting markets can be more ‘volatile’ than others – this means that the possible final results or ‘compositions’ can be very large in some markets and much smaller in others. For example, Total Minutes of Goals in a soccer match is much more variable than Total Goals in a soccer match.
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Taking the above example, if the Total Goal Spread in a football match was 2.8 – 3 and you bought for 3, then your worst case scenario would be a 0-0 draw where you would lose by 3 stakes. However, it is possible for the total Record Point Spread to be 140 – 150, so if you were to buy 150, the worst case scenario of a 0-0 draw here would mean you would lose 150 times your stake.
Using the example above, you can calculate how much you need to stack in each market to risk the same amount of your money. So a £20 buy of Total Nodes at 3 would be risking £60 ((0 – 3) x £10) but for Total Node Entries you need to reduce your stake significantly to 40p to risk £60 (( 0 – 150) x £0.40).
Try our interactive tool below for examples of how sports spread betting works for a hypothetical £10 bet on various football markets.
The tool shows in more detail how spread betting markets can vary in volatility. As explained above, the range of results for the soccer total goals spread bet is much larger than for total goals. Therefore, it is important to choose the level of leverage you are comfortable with for different markets.
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Try using the tool for different football markets to see how the potential profit and loss levels can vary. This will help you practice sports betting and give you an idea of how the markets work before you try it yourself.
You think this afternoon’s big Premier League game will be an open affair from start to finish and so check out how the Total Goals betting market breaks down.
Are quoting Total Goals at 2.8 – 3, so you decide to buy £50 for 3. The game indeed proves to be quite a thriller, ending in a 4-2 home win. This means you will make a profit of £150 ((6 – 3) x £50). If the match would have ended 3-2
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