Sports spread betting is arguably the most exciting sports betting. Here we cover some important topics and answer some common questions. Use the list below to jump to the section that interests you.
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It is important to understand the concept of the words «buy» and «sell». This is one of those things that looks complicated, but is actually very simple. Basically, the «spread» is the range in which we believe a particular market’s results will fall. This spread consists of two numbers, the «sell» price and the «buy» price. If you think the market’s bottom line is higher than your purchase price, you «buy.» Conversely, «sell» if you think it will be cheaper than the asking price.
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For example, in soccer, the market spread for Match Total Goals can be between 2.9 and 3.1. This means on average you have a total of 3 goals in the game. ‘Buy’ if you think the game has 3 or more goals, ‘Sell’ if you think less. It’s actually very easy!
Below, we answer common sports spread betting questions, explain how to place your first spread bet, and offer sports spread betting tips for beginners.
The amount of risk is entirely up to you, and you can take several steps to avoid taking more risk than you need to.
1: Use small stakes – you can bet as little as 1p on your chosen market. We may not be able to win big with small bets, but the amount of losses is small and we are sure that betting banks can go further and try to diversify the market.
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2: Choosing the right market – The markets we serve have varying degrees of volatility. Markets with general goals, such as football matches, are unlikely to produce results far from expansion. However, the total goal time can be very far from either side of the spread. Read more about how soccer spread betting works.
3: Cut Your Losses – If you’re betting on yourself clearly, a safe bet is to get your balance and money out of your position before things get worse. Cut your losses early and protect your betting bank.
Your first spread bet is probably the most exciting bet ever! A scary prospect for some, but we’re here to show you how to bet on spreads and have fun.
As discussed above, we recommend using small stocks and choosing low volatility markets for your first bets. That is, the most likely outcome is a market where the ‘sell’ and ‘buy’ prices are not too far apart. We recommend choosing a market that can handle the worst case scenario. example:
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Total goals in a soccer match can set odds of 2.8 to 3.0, so the worst case scenario for a ‘buy’ bet is losing 3 times your stake. Game ending 0-0. Now, if you make a ‘Buy’ bet on a 5 point stock, the worst case loss of £15 is calculated as follows.
Indeed, if the game is a 3-3 thriller, the market settles at 6 and the profit is calculated as follows:
Another example is the Group Total Six market in an ODI cricket match. In this case, 4-5 possibilities can be prepared. So the worst case scenario for a ‘buy’ bet is to lose 5 times your bet. The value is 0. Now, if you make a ‘Buy’ bet on a £5 stock, the worst case scenario is a loss of £25, calculated as:
Again, if a team hits 6 10 times, the market settles at 10 and the profit is calculated as follows:
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By using a spread bet in each of the above cases, you can take the worst of the loss, knowing that your potential profit increases for every additional point, or every 6 times, above the «buy» price.
If you are new to sports spread betting, there are a few things you can do to familiarize yourself before you increase your stakes and venture into new markets. Sporting Index’s top sports spread betting tips are:
1: Start small. I’ve said this above, but I’ll say it again. You might not win a lot of money, but more importantly you can control your losses. This means you can promote your betting bank more.
2: Track the markets where you can identify worst-case scenarios and build from there. A good beginner’s market is not too far from the price spread. Think total goals, not total goal time.
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3: Know exactly what the market is and how the results are calculated. Most of our markets are intuitive, but some are more complex. Use the ‘i’ symbol next to the market name to find out how the market works.
4: If you are not sure about something, do not participate in the action. Our excellent customer service team is always ready to answer your questions.
5: Make the most of the campaign! Be sure to sign up to receive both emails and articles. Otherwise, you’ll miss out on the ads we send to thousands of customers every week.
You can browse to the sports of your choice below for more information on our markets and some examples of sports betting. Cricket fans know how cricket spread betting works. If you are a fan of horse racing, here you will find how to spread bet on horse racing.
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Use the grid below to navigate to your favorite sports and find out how to spread your bets!
Spread betting makes better use of your sports knowledge than fixed odds. With fixed odds betting, you have a simple ‘win or lose’ situation and once you place your bet you know exactly how much you will win or lose. Winning or losing in spread betting is determined by accuracy. A spread bet offers the greater of two possible outcomes. Likewise, the less favorable the outcome, the greater the chance of losing.
Using the example of a batsman’s runs, a fixed odds bet can offer a market on whether a batsman can reach 100 runs in a match. Let’s say the odds of the England captain scoring 100 runs in an ODI are 4 to 1 (5.0 fractional odds). If you bet £10 on this you know that if the punter gets 100 runs you will get £50 back and if he fails to break that mark you will lose your £10 stake.
But now, in the same match, the England captain’s total run rate is 60-65. To make him a captain, buy at a ‘buy’ price of 65 and sell at £2 per point. Every time the poet scores more than 65, you get profit. If it reaches 100, it is £70 profit. Because if you multiply the purchase price by £2 a share, 35 runs is £70. But that’s not all. Because when the same passengers go to bed and pile up the total amount of really meaty Brian Lara, your profits are even better. In fact, every run means more money. If he gets 150 successful runs, that’s another £100 in your total winnings (50 more runs x 2 makes your stake £100) and he’s up to 200. We see that the current market is 135 points above the spread. Your £2 stake will return £270.
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In fixed odds betting, the only thing that matters is whether you hit 100. With a spread bet, you’re investing in the player’s total points, and each time the ball goes in, it goes higher and higher! Bets are off. However, the spread bet still produced a return of £68 as the market closed 34 pips above the ‘buy’ price of the original spread.
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