What is Sports Spread Betting?
Traditional fixed odds is the most popular form of betting for the general public. After that, betting exchanges are also used by punters who have a more advanced understanding of betting. As a result, some punters take advantage of the spread between placing a bet and laying a bet to lock in gains on exchanges.
However, sports spread betting is something completely different and more akin to financial spread betting.
The amount you win or lose depends on how far the actual result is from the Spread. With spread betting, you choose the direction (under or over) of the result against the spread.
For example, if you buy at a certain price and the result exceeds the spread (buy) then you win. However, if the result doesn’t exceed the spread then you lose.
Spread betting is popular with people who work in the financial sector as well as experienced punters.
Sports Spread Betting Sites
Sports spread betting sites have a similar look and feel to fixed odds sites. However, instead of odds they have spreads.
You can buy at the “buy” price and sell at the “sell” price. This depends on which direction you think the result will end up against the spread.
Pros and Cons of Sports Spread Betting
You can win more the “more right” you are with the result versus the spread. The flip side is that you can lose a substantial amount more than your stake, and also, more than your account balance if the result goes the other direction.
There is a lot of risk associated with spread betting. As a result, before you place a bet on a spread betting site you must calculate the risks involved.
Therefore, we recommend that you fully research the maths and appraise the risk for every spread bet you consider making. In conclusion, if you are not comfortable with this, then you should just stick to fixed odds betting.
Example of Football Spread Bet
Manchester City v West Ham Total Goals – Sell 3.7 | Buy 3.9
Buy at 3.9
If the result is 6 goals then you would win 2.1 X your stake.
If the result is 2 goals then you would lose 1.9 X your stake.
Sell at 3.7
If the result is 6 goals then you would lose 2.3 X your stake.
If the result is 2 goals then you would win 1.7 X your stake
How to pick a Spread Betting Site
Have a look at the markets and spreads quoted. Then look for some customer feedback. Don’t be afraid to ask questions about the company on betting forums. Also, check where the firm is regulated. If in the UK, they should be regulated by the UK Gambling Commission (UKGC) and the Financial Conduct Authority (FCA). If in Ireland, they should be overseen by the Revenue Commissioners.
Does the Spread Betting site have a mobile app?
What size of stake can you get on?
What rewards are there?
Popular Football Spread Betting Markets
- Total Goals
- Time of First Goal
- Total Corners
- Player goal minutes
- Shirt number of first scorer
Popular Horse Racing Spread Betting Markets
- Race Index
- Jockey Index
- Winning Distances
- Starting Prices
- Favourites Index
- Double Card Index
Popular Cricket Spread Betting Markets
- Win Index
- Batsman Runs
- Team Runs
Popular Tennis Spread Betting Markets
- Game Supremacy
- Index – How Far a Player Will Progress
- Match Supremacy
- Total Games
- Points Played (Total)
- Total Aces/Total Double Faults
Popular Golf Spread Betting Markets
- Finishing Positions bets
- Match bets
- Leaderboard Index
- Winning Score
- Winning Margin
Popular Rugby Spread Betting Markets
- Rugby Supremacy bets
- Index bets
- Total Tries
- Total Points
Spread betting allows you to sample a different way to bet. One of the best sites to do this is Sporting Index. A Sporting Index account will let you quickly see who out of the bookies, exchanges or spread betting companies can give you the best return for your money.
As well as that, Sporting Index have one on the best sign-up offers around. New account holders get £100 to bet with.