Sports

Sports Spread Betting

Best Sports Spread Betting Sites 

Founded in 1992, Sporting Index is the largest sports spread betting operator in the UK and currently services more than 45,000 sports spread bettors.

Sporting Index launched their highly successful online operators in 2000 and they own a 70% share in the UK sports spread betting market.  You can bet on a massive number of sports markets here, including football, cricket, rugby, snooker, Olympics, darts, golf, greyhounds and more.

Starting from a minimum bet of 25p per point, Sporting Index offers a range of sports spread betting markets for each game, and you can minimise your risks with guaranteed stop-losses for all events.

Sporting Index are offering a special offer of £100 for new players.  Once you open an account at Sporting Index you will receive £100 credited in to your account by the next working day.

What is Sports Spread Betting?

Sports spread betting works just like financial spread betting except that you on betting on sports games as opposed to market movements.

Sports spread betting is very different to regular fixed-odds betting, which is what happens at most online sports betting site such as Bet365, Ladbrokes or William Hill.

In regular fixed-odds sports betting, you are wagering a fixed amount of money on a win or lose result.  If you pick the correct result, you’ll win your wager multiplied by the odds you were given.  If you lose your bet, the maximum you can stand to lose is you wager.

For example, in fixed-odds sports betting, you might wager £5 at 2.0 odds of Liverpool beating Manchester UTD away.  If you guessed right and the score was 3-0 Liverpool than you’d win £10.  If you lost your bet than you would lose £5.

When spread betting on sports however, it is not whether you “win” or “lose” the bet which determines how much money you make, but how “right” or “wrong” you are.

How Does Sports Spread Betting Work?

In sports spread betting, the firm will give you a quote for a match (e.g. the total amount of goals scored) and you will have to bet on whether you think the real result will be higher or lower than the quote given.

The spread betting firm will give a quote in the form of a “spread”.  The spread contains two numbers, a low number and a high number, e.g. 2-3 or 23-34.

In order to make money you’ll need to place a bet on the correct side of the market.  If you think the quote is too low than you’ll have to bet on the higher quoted price.  If you think the quote is too high than you’ll have to bet on the lower quote price.

If you think that the numbers are too high than you can “sell” at the lower number and wager a fixed amount per point.  For example, if a sports spread betting firm predicts the total number of goals in a football match to be 4-5, and you think it will be lower, than you can “sell” at 4 and wager a fixed amount per point.  Let’s say you wager £1 per point selling a “4” and the total number of goals in the match is only two.  You would then win 2x£1 = £2.  If you were wrong and the total number of goals was 6 than you’d lose 2x£1 = £2.

On the other hand, if you believe that the quote figure was too low and the actual result will be higher than you should “buy” at the higher price (i.e. 5).  If you then wager £1 per point at 5 and the total number of goals in the match is 10 than you will stand to gain 5x£1 = £5.  If the actual result was lower than five however, lets say 1, than you’d lose 4x£1 = £4.

As you can see, the amount that you win or lose when spread betting depends on how “right” or “wrong” you are.  You wager a fixed amount per point from the quoted spread and you’ll make money depending on how right or wrong you are.  If you believe that the result will be higher than you “buy” at the higher figure of the spread.  If you believe that the result will be lower than you “sell” at the lower figure of the spread.
The “Spread” itself is how the firm makes its money.

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