Easy Spread Betting

Easy Spread Betting
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Home » Features » Five great Spread Betting Platforms for Beginners in 2022
Five great Spread Betting Platforms for Beginners in 2022
The new Pepperstone spread betting account enables novice traders to spread bet from 20p per point on a range of Indices, Commodities and Currencies. There’s flexibility to increase stake sizes as you gain in confidence.
IG offers reduced minimum deal or trade sizes for all new spread betting clients for the first 31 days – enabling novice traders to trade at 25% of the normal trading position across all 17,000 markets available.
Founded in 2001 and regulated by the FCA, ActivTrades platform is simple to use with an emphasis on risk management tools and competitive spreads. Clients can spread bet from as little as 10p per point making it a good option for beginners.
Formerly Core Spreads, Trade Nation has been trading since 2019. The broker is focussed on transparency for its clients by providing competitive, fixed spreads on a range of markets. A commitment to customer service means this broker is a good choice for new traders
Spreadex offer a pretty unique proposition for UK and Ireland residents, combining sports betting and financial betting on one trading platform. Spreadex offers a 50p per stake option on a range of indexes including France 40, Spain 35, Netherlands 25, Swiss Index, Hong Kong 50 and Japan 225.
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We’ve compiled a list of spread betting platforms for beginners to help get you get started. They offer various ways of limiting the significant risk of losses that a standard spread betting account may expose traders to.
Below, we’ve put together a short guide on each of the types of account available, and what they mean.
The Armchair Trader is paid for by our partners through clicks, views and advertorials. So if you open an account through a link on the site, we may receive a fee for providing the introduction. This fee will in no way be passed on to you from our partners.
You can see our complete list of Spread betting companies which features a detailed review of each broker and our independent opinion of them. Please note that some of the brokers mentioned above are affiliates – while there would be no cost to you, for transparency, we may receive a fee should you open an account.
If you are new to spread betting and haven’t placed any kind of trade before now, then it’s worth taking a minute or two to read our short guide. Get into some good habits at the outset.
Now, you might have been on a bulletin board and received heady advice from a group of seasoned traders or read everything you can through books, independent websites like this one and visited some of the many Broker websites for their advice.
There is so much information available, it can become a bit overwhelming. You may still be no nearer to making a decision on what products to trade or who you are going to trade with.
That’s why we put together the selection of spread betting platforms for beginners above. These spread betting accounts provide a way for you to earn your stripes – trading without the risk of losing all of your hard earned money.
The most important part of this process is to find out if spread betting is right for you. To do that, you need to make the most of the tools that are available to you as a spread betting novice.
You’ve read up on spread betting and understand the principles behind it. The risks you face and the tools you have at your disposal in order to minimise that risk.
If you haven’t done that yet, take a look at our spread betting introduction . Make sure that margined trading is something you fully understand and are comfortable with.
I’m also going to assume that you are familiar with the variety of financial markets that are available to trade through a spread betting account and you have identified the ones you are going to trade.
Take a look at our short guides to some of the most popular markets if you need some inspiration or insight into the key factors that determine pricing in those markets.
You’ve probably considered opening a demo account and indeed, may have already taken the plunge.
If you haven’t, it’s worth investing some time.
Take a look at our spread betting demo account guide to find out how you can use them to enhance your trading education. The article covers some of the things you should look for in your broker, even before you commit to opening a demo account.
Right, so now we’ve covered off what’s needed before you begin to trade with real money, you can start looking at live spread betting platforms for beginners.
The spread betting accounts we have introduced you to above will offer you access to the financial markets with a lower degree of risk. With real money at stake, it’s not a good idea to jump straight in and risk it all.
Generally, spread betting brokers will offer their clients a minimum stake of £1 per point.
That means you could lose a minimum of £100 on the FTSE100 should the market go against you by 100 points over the course of your trade.
A low stake account reduces the minimum stake you can place, meaning that a similar trade with 10p per point would result in a maximum loss of £10.
Even with that kind of extreme movement, that trade is going to dent your pride much more than your wallet.
There is, however, a downside to Low Stake Accounts.
That is, when you get your trades right, you won’t stand to gain any sizeable profits either. However, once you have your trading strategy in place and you are comfortable with the results, you’ll be ready to start increasing your stakes.
I’ll add to this list as and where the brokers develop new spread betting platforms for beginners. If you find a broker that you think would fit nicely in our spread betting platforms for beginners list, feel free to let us know through the comments section below.
Spread betting and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between [74-89]% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please note that % may be changing every quarter depending how this number looked in the previous period.
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States Where Sports Betting Is Legal

What Is A Spread In Sports Betting?

What Does The + And – Mean In Sports Betting?

Forbes Advisor receives compensation from partner links on this page. Online bets are not legal in all locations, and this content is meant for those 21+. Winnings are not guaranteed, and you may lose all of your wagered funds. If you or someone you know has a gambling problem, call 1-800-GAMBLER

Pros Generally have better betting line value than the moneyline It can add more value to parlay wagers Can have higher maximum bet limits Adds excitement to games with a clear better team against a worse team Cons Assessing a wager could take more time The winning team in real life doesn’t necessarily win the wager

© 2022 Forbes Media LLC. All Rights Reserved
As of the second half of 2022, more than 30 states have retail and/or online sports betting laws enacted or pending legislation for the industry.
Since the US Supreme Court overturned the Professional and Amateur Sports Protection Act (PASPA) in May 2018, sports betting has caught on like wildfire. Each year, more and more bettors are finding interest in the activity.
Even if you’ve never wagered on a game, you’ve likely heard the term “point spread” or “the spread.” But what exactly is it? How can you use it when betting on your favorite sports team to add extra money to your wallet?
Here, we’ll not only explain what sports betting is, but we’ll look at the purpose of the spread, compare moneyline betting and spread betting, how it varies by sport and more.
To better understand spread betting, there are four main terms to know and understand: underdog, favorite, push, hook and juice.
When you first arrive at your favorite online sportsbook and look at the available bets for the upcoming games, you may notice two notations in the spread column—a “-” and “+.”
These are important as these not only indicate what the spread is but also illustrate which team is favored and which is the underdog.
For example, you look in the spread column of the upcoming Baltimore Ravens and Miami Dolphins game. The Dolphins are +2.5 on the spread, and the betting line is -110.
With that +2.5, you could view the game starting with a score of the Dolphins up 2.5 to 0. Of course, the game’s score will be 0 to 0, but in the eyes of the spread, the Dolphins either need to win outright or lose by no more than two points.
You’ll lose that spread bet if the Dolphins lose 23 to 20. However, if they lose 23 to 21, you would win, as the added 2.5 points would result in a score of 23.5 to 23 through the prism of the wager.
On the other side, the “-” before the number indicates the favorite. Sticking with the above Dolphins/Ravens example, the Ravens would be -2.5.
Side note: For most sports, the spread will be the same on both sides, with the only difference being “-” or “+.”
Unlike the Dolphins, who need to lose by no more than two points, the Ravens now need to win by at least three points, given the added 0.5 on the spread.
Now, if the spread were Ravens -3, they would need to win by at least four. If the final score were 23 to 20, that would result in a push.
While we go into each wager hoping to win, taking a draw is better than losing.
A push can only occur when the spread is a whole number and doesn’t have the added 0.5.
As mentioned, if the spread is -3 and the team wins by three, this would result in a push as the underdog also has a spread of 3 on the other side, but with a “+.”
You don’t win or lose when this occurs—you receive your original wager back.
We’ve made mention of “the added 0.5,” but in sports betting, that added 0.5 is important. So important, in fact, that it has its own term—the hook.
There’ll never be a push with the hook, as teams cannot score half of a point. However, depending on which side you bet, the 0.5 acts like a whole point.
Again, if the spread is +2.5, you need to win outright or lose by no more than two; if the spread is -2.5, you not only need to win outright, but you need to do so by three or more.
Juice, also known as “vig,” is a price you pay for making a wager through an online sportsbook. The standard betting line, commonly seen in spread betting, is -110. With this betting line, you’ll earn $10 for every $11 wagered.
Think of it this way: If you see a “-” line of anything above -100, each point is the “juice” or the “vig.”
Spread betting is exclusively for sports betting. Thus, this isn’t a bet type you’d find at an online or retail casino.
The closest thing to a spread at an online casino would be the house edge, which is constant with each online casino game. In contrast, the spread is an optional wager in sports betting.
No matter what sport you’re a fan of, there’ll always be good and not-so-good teams.
There’s always going to be a disparity in professional sports.
But that’s where the point spread comes in.
The purpose of a spread is to make the teams as even as possible. The point spread is typically generated by online sportsbooks using algorithms and other mathematical formulas which determine how superior or inferior a team is.
So, when you bet on the point spread, you can look at the favorite and think, “According to this bookmaker, this favored team is considered ‘x’ number of points better than this other team.”
While the spread accounts for the strengths and weaknesses of each team, the moneyline removes all of that.
The moneyline wager is picking which team will win outright, with no strings attached.
While picking a moneyline team may be easier, the conversation around bet value is necessary.
We can all conclude that the Rams are incredibly likely to beat the Jaguars. However, the moneyline in a bet like that could have a -1000 line for the Rams. This would mean that you’d need to wager a hefty sum of $1,000 to profit $100.
The spread counteracts that value disparity but introduces an additional variable.
Say the Rams are -14.5 point favorites. You may conclude that the Rams will win, but will they win by 15 or more?
Generally, a point spread betting line will almost always be roughly -110.
So, you can bet on the Rams to win outright at -1000 ($1,000 to win $100), or you can assess the situation, and whichever side you think will cover the spread will get you $100 on a $110 wager.
Now, there are times when betting on the moneyline makes more sense. That said, there are different strategies for different sports, such as the NFL, MLB, NHL and NBA.
The key spread number in the NFL is -3 or anything less than that. When you see a -3 line, this is typically for when two teams are relatively equal in stature, but this could account for home-field advantage.
When you see a spread less than three, it may be better value, depending on which side you want to wager, to bet the moneyline.
According to Sports Insights , the chances of winning an NFL game by less than three points is minimal.
The point spread in the MLB is known as the “runline.” Unlike the NFL, the runline will always be 1.5 on each side. The betting line will almost always be different than -110, as 1.5 runs in a baseball game can be substantial.
Also, with the runline of 1.5 being so static, the “favorite” may not be the best candidate for that -1.5 runline.
The NHL also has an alternate term for the points spread—the puckline. Like MLB betting, the standard puckline is also 1.5. This makes sense, as MLB and NHL scores are far more synonymous than the NFL or the NBA.
As the NHL and MLB are more similar to one another final score-wise, the NBA and NFL are more on par.
However, the similarity isn’t the final score but rather the margin of victory. NBA games can have high point totals, but you’ll find that the spreads are more “in the ballpark” with the NFL.
It’s more common to find “larger” spread numbers in the NBA, but the betting line of -110 is something you should often expect to see.
You can absolutely win money when betting the spread. However, there are a couple of easy strategies you can deploy immediately to assist in winning cash.
If you’re in a state where multiple sportsbooks are available, we recommend looking to see if any offer better value for you, depending on the wager you intend to make.
Whether getting a better betting line or adding 0.5 or a whole point to a spread, this can be a way to find the most attractive bet for you.
Alternate line wagers may not be available at all sportsbooks, but it is something to consider. With this type of bet, you can bet on a different spread with the betting line value reflecting that change. You may sacrifice some betting line value for that added point or two.
All online sportsbooks will have some form of a bonus or promotion offer.
Whether it’s no-deposit bonuses, deposit bonuses, free bets, “risk-free” bets or something similar, you can leverage these to explore wagers that you might not have otherwise considered. Some promos are tied to specific bets.
Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. Performance information may have changed since the time of publication. Past performance is not indicative of future results.
Forbes Advisor adheres to strict editorial integrity standards. To the best of our knowledge, all content is accurate as of the date posted, though offers contained herein may no longer be available. The opinions expressed are the author’s alone and have not been provided, approved, or otherwise endorsed by our partners .

Graduating from the University of New Hampshire with a BA in Journalism, Richard Janvrin has been covering iGaming and sports betting since December 2018. Richard has covered betting at Bleacher Report, Gambling.com and The Game Day.

Brian Pempus has covered the U.S. gambling indusry since 2009, starting with Card Player Magazine in Las Vegas. He was later deputy editor of sports betting at Better Collective and managing editor at The Game Day, before joining Forbes Advisor in 2022.

Sportsbooks That Offer Bets On The Spread
Last updated on: September 6th, 2022
One of the most popular ways to bet on sports online is by betting the spread . The spread is a bookmakers’ attempt to even the playing field between two unevenly matched teams. The spread essentially deducts points from the favorite’s final score, giving both teams an even chance of winning the game, once the handicapped spread is applied. Betting with the spread means taking the points and betting on the underdog (the team considered less likely to win the game). The underdog’s point spread will be listed as a positive number (+7). This means that seven points are added to the underdog’s final score. Betting against the spread means giving points betting on the favorite (the team considered more likely to win the game). The favorite’s point spread will be listed as a negative number (-7). This means that you would subtract seven points from the favorite’s final score.
Team A is a 7-point underdog against Team B. If you bet on Team A with the spread and the final score showed a Team B victory 27-21, you won your bet and “covered the spread.” Since you bet on Team A
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