New Zealand Spread Betting

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There are a lot of punters living in New Zealand that would refrain from even considering betting on global financial situations, with sports betting quite obviously taking the gambling world by storm and therefore being a first choice for many.
There are, however, a large number of Kiwi’s that actually don’t enjoy sports and therefore don’t follow any sporting events but still wish to get more involved in the world of online betting. Fortunately, spread betting has been introduced to many of the high-quality bookmakers that can be found online today.
Moreover, spread betting can hold quite a turbulent atmosphere and is often very difficult to predict, offering New Zealand punters the chance to experience some exciting online wagers.
Something of a derivative product that invites punters to trade on the price movements of an exponential number of financial markets, spread betting is an exciting addition to the many options found in the world of online betting.
These markets include shares, currencies, indices, commodities and much more. Punters are ultimately able to use spread bets as a way to speculate on price movements, regardless of whether the market may be on the rise or destined to fall.
Any Kiwi punters that are out there and consider themselves as something of a financial wizard are able to put their money where their mouth is by getting involved in spread betting.
While spread betting may not seem exceptionally popular in New Zealand and in bookmakers around the world, there are still numerous options for those that have a passion for the financial world with Australian sports betting options.
It is generally a good idea for punters that are new to spread betting to uncover top online betting USA sites that offer them dedicated forums, where like-minded individuals are able to discuss, debate and aid each other in coming to a conclusion as to where bets should be placed.
Any punters looking to get involved in some lucrative financial bets are encouraged to explore the list of available bookmakers online that welcome those living in New Zealand, find what they consider to be the best forum and start improving their predictions by utilising the advice from others.
One of the most beneficial aspects of online betting and bookmakers is the fact that they are generally not limited to just local events or situations. This essentially means that Kiwi punters have the opportunity to get involved in spread betting that is focused on situations outside of the borders of New Zealand.
If considered for even a moment, it becomes very clear that finance and the world of financial betting is a something that stretches worldwide, with just the financial situation on the shores of New Zealand offering punters a small piece of the action.
It is important to remember that bookmakers are constantly on the lookout for new and interesting bets, so if it demands enough attention it is sure to be available for betting on.
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Home > Sportsbook New Zealand > Spread Betting
In New Zealand, online sports betting offers punters the opportunity to place a variety of bets on local and international events. While the majority of wagers placed online are fixed odds bets, there are many forms of betting available, such as pari-mutuel, exchange and spread bets. Of these, spread betting is becoming increasingly popular, especially with punters who have an intimate knowledge of the sport in question, and can accurately predict the possible score line.
For those who are new to the concept, it is possibly the riskiest form of wagering found online. This is because when the bet is placed, you have no idea how much you can actually win or lose. You may end up winning multiple times your stake, or you may end up losing far more than your initial stake.
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Spread betting works by using totals. It should not be confused with wagering on the point spread, or totals. With totals, the bookmaker will post a total score for the game. For example, in a rugby match between Wales and Scotland, the total posted could be 32.5. This is the combined total of both teams after full time.
With totals, a punter simply predicts whether the total will be above 32.5 (33 points or more) or below 32.5 (31 points or less). A fixed odds punt is placed for over or under bets. This is where this type of wager differs. The same concept is used, except in this case, the amount you can win or lose is dependent on how right or wrong your prediction actually is.
The first step with this type of bet is to set the stake. The best sports betting brands will allow you to set it at any amount from $1.00 to $10, or any amount you feel comfortable with. The stake is tied to the point number and ultimately determines how much you will be paid out or how much you can lose. Setting it low is the best way to start, as going in high could mean a serious loss.
If we continue with the above example and the we predict that the point score will be above 32.5, we will be paid out our stake amount for every point over 33. If the final combined score is 40, we would be paid out 7 points or 7x our wager amount. If our punt is $1 we would be paid out $7, and if it was $10 we would be paid out $70. It would work the same if we bet below and the actual points score was 26.
Where spread sports betting can be risky is when the bet is incorrect. Let’s say we set our stake at $10, going in under the total, and the final combined point score ended up being 56. The point difference is 23 in the wrong direction. This means we would be liable to pay 23x our punt amount, which is 23x $10 or $230. When it goes right, this type of wagering pays off, but you must be aware of the risk before you place your bet at the best sports betting brands New Zealand has to offer.
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