What is SPREAD BETTING?

Sports spread betting is essentially for the more adventurous punter out there.

With spread betting, the potential exists to see far greater returns on your stakes when you call it right, but also, it has to be factored in that the losses increase based on how inaccurate your bet turns out to be. In its simplest form: the ‘more wrong’ you are with any given bet, the more you stand to lose.

As such, you should be familiar with spread betting rules before you dip your toes into this particular water. Use a spread betting calculator to ensure you know exactly how much you are liable to lose, as well as how much you stand to win.

 

Once you’ve mastered the basics, spread betting is an exciting way to test your knowledge and hopefully turn some profits!

SPREAD BETTING EXPLAINED

Spread betting on sports is much the same as spread betting on financial markets, stocks and shares etc.

In the financial world, spread bets involve predicting how much a given stock price may rise or fall during a period of trading. The wins or losses are dictated by the closing price of the stated share and what you have predicted.

In sports spread betting, you are more likely to be predicting how many goals/points will be scored in a given match, how many red/yellow cards will be issued in a soccer game or how many points a team will accumulate over a season.

 

As spread betting is closely linked to stock markets, when placing a spread bet you are technically ‘buying’ or ‘selling’ in a particular market based on what the bookmaker has set as the spread.

Based on your opinion, you elect to buy or sell if you feel the spread is likely to come in over or under the benchmark that has been set.

Spread Betting Examples

Overs and unders is often one type of spread betting market that is available on sporting events. For instance, in an NBA basketball game, the total points spread might be set at 156-160 (the combined total to be scored by both teams in the game).

 

If spread betting in this market, you would sell at 156 or buy at 160.
If you choose to sell, then you are betting that the points tally for both teams in the game will be UNDER 156.

 

The greater the margin that you are proved correct by, the more you stand to win. If the total number of points scored turns out to be 150, you are right to the tune of six points (156-150 = 6). In this instance, you would win six times your initial stake.

 

On the other hand, if you had bought this spread bet at 160, you would be wrong by ten points. In this case, you would lose ten times the initial stake you placed.

(160-150 = 10).

Similarly, if the total points in the game turned out to be 170, you would lose 14 times your initial stake had you decided to sell at

156 (170-156 = 14)

Had you bought the spread on total points in this game at 160, a 170-point game would result in a ten-point spread bet win

(170-160 = 10)

and so you would gain a ten-fold return on the initial stake.

In football betting, an often used market involves the total number of red and yellow cards issued during a game.

 

To form this market, a value is assigned to each card type. For example, a yellow card may be 10 points and a red card 30 points.
The spread might be set as follows for an English Premier League match Sell: 50 points, Buy: 80 points.

 

 

Spread Betting - FAQ:

Question 1: What Is Spread Betting?

Spread betting if a form of betting where the punter can win or lose more money depending on the margin by which the value of an outcome varies from the spread of expectancy.

In simple terms: the potential returns are much greater when you call it right but the more wrong you are with any given bet, the more you stand to lose. It is one of the riskiest forms of betting.

 

Question 2: Spread Betting - How To Get Involved

As is the case with every bet type, make sure to thoroughly research spread betting before getting involved.

There is enough useful information out there to help punters and 888sport customers can read up more on spread betting by scrolling up the page.

 

Question 3: What Are The Most Popular Spread Bet Types?

Card betting in football is one of the most popular options for spread bettors. As cards are set with two different values, buying or selling for/against the spread is quite simple.

A yellow card is usually set at 10 points while a red card can be either 25 or 30. If the spread is favourable for the lower value, it may prove prudent opting for that.

 

Question 4: Spread Betting - Is It For Me?

In sports spread betting, punters are usually predicting the total goals/points scored during a match, how many corners/free-kicks will be awarded in football or how many points may be acquired over the course of an NBA season.

Spread betting is something that punters usually try their hand at with smaller stakes before getting too involved. Dipping your toes in the water with spread betting is the way to go as it can be confusing and won’t suit every punter.

 

Question 5: A Brief Guide To Spread Betting

Here is an example: let’s say you are watching an NFL game and the total match points mark is set at 53-57. If spread betting on this particular market, you would either sell at 53 or buy at 57.

If you sell, you are choosing UNDER 53 points in the game. Your winnings will depend on just how great the margin of victory is. For example, 42 points in the game will earn you more than if there was 49 points in the game.

SPREAD BETTING example