Sports Spread Betting Tutorial
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Spread betting tutorial | Step by step guide
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You’ve probably heard about spread betting, but may have been put off by how complicated it looks. But, it’s one of the most exciting methods of betting. This is because the more right you are, the more money you could win. And, well, the more wrong you are, the more money you could lose. But if you have the appetite for big wins, and can stomach the risk of big losses, this spread betting tutorial will help.
If you aren’t 100% sure what spread betting is, read our full guide here .
There are numerous spread betting sites, with Sporting Index and Spread Ex being the most popular. This post will use Sporting Index because they allow you to open a demo account, which can be very helpful for beginners.
One thing to be wary of is the type of full account you open. Sporting Index offer both a deposit account, and a credit account. A deposit account is where you play with your own money and with a credit account, you borrow it.
We’d recommend you open up a deposit account, especially as a beginner.
You can even get free bets for spread betting accounts to help you get off to a good start.
Using Sporting Index as an example, they have numerous different sports available. So like traditional betting, it is best to stick with the sports you know best. And then you need to explore.
For the purpose of the walkthrough, let’s start with football. One of the most popular markets for spread betting on football is the ‘Premier League Points’ spread.
As you can see, every team is given a points spread. Your goal is to spot a team that you feel will either do significantly better than the number in the blue box. Or, significantly worse than the number in the red box.
If you feel Tottenham will repeat last season’s tally of 86 points, you’ll notice that is 11.5 points higher than the current spread.
Once you have decided on the bet you would like to place, you must choose the right option. If you want to sell, you click the red box. And if you want to buy, you click the blue box. In this case, we think Tottenham will do better than the spread, so we click buy.
Once you click on this selection, it will add it to the bet slip, as seen below:
Now, you must remember what your stake represents. The stake isn’t your total bet. It is the number you are willing to bet per point.
So to add your stake into the betslip, just type it in the box, as seen below.
At this stake, if Tottenham finish the season on 86 points, you will win (86-74.5) x 10 = £110.50. This is the difference between the actual points tally, and the spread you bought at, timesed by your stake.
Obviously, this could go the other way. So if Tottenham finished on 50 points it would be (74.5-50) x 10 = £245. That is how much you will have lost.
By now you have chosen your bet, input the stake, and made a calculation of your risk, just hit the big shiny button saying ‘place bet’. Oh, and cross your fingers, scream at the matches on the TV, and hope your bet wins!
We hope this spread betting tutorial has been of use. Remember: always calculate your potential losses before placing your bets.
Download our matched betting glossary to make sure you’ve got the lingo down.
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Sports spread betting is a method which makes the same, or perhaps active market for everybody who has made a stake, indeed when the result of a match may seem affected from only 1 rival in specific stake. Basketball is the sport in which spread betting can be seen commonly. Volleyball, Football or different sports are the one which the betting centre can plan to make the same market.
Regularly we witness matches, where the team who is much greater than the other may have permanent odds showing that he is the favorite in this match.
It is common to bet on a team or a player who is the favorite in a certain match. But, spread betting offers a great variety of results and the whole stake is if the result goes up or down. This is not the case where we guess if a certain team or player will be a winner or a loser.
As sport spread betting plans to make the same amount of stakes on either teams or players, the chance to guess who the winner is 50/50.
For instance, the betting centre offers a spread of 9.5 points in a specific match:
* Make a stake of 100$ on Mississippi to earn -9.5 points at 1.91 odds. In order to earn your stake, Mississippi has to beat New York with around 10 points contrast. If Mississippi succeeds, you will earn 100$ X 1.91 = 191$. The pure money is: 191$ – 100 = 91$. The majority of online betting centres have a half of a point contrast, so that to evade any potential draws where the cash goes back. However, If Mississippi doesn’t succeed in beating New York with higher of 10 points it doesn’t have significance if Mississippi wins or loses. Your stake is completely lost.
* But, if you have made a stake on New York to beat Mississippi with +9.5 points at 1.91 odds, in order to earn something, New York must not make a loss with higher than 9 points, it doesn’t have importance, even if they score a win, or lose the game with everything below 9 points difference.
The most common use of spreads is as half-point fractions to remove the chance of scoring a tie result.
A teaser bet is a version of spread that has a choice which enables the gambler to change the spread into his advantage from a decided difference. For instance, if the initially fixed odds were Mississippi -9.5, the gambler has the ability to change the odds at both sides. But, If the gambler is certain in huge win for Mississippi, he can change the odds to -15.5 and achieve bigger odds than even odds are and also on the other side, he can change the odds to less than 9.5 and get odds less than even odds are. In both situations he is altering the promised chance to one of the teams, but in the meantime he is altering the odds to each of the teams.
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