Spreadex: Your Go-to Destination For Sports Betting And Casino Gaming – Sports spread betting is a fast-paced, exciting alternative to traditional fixed odds sports betting. Follow these links to take you directly to the topic of your interest:
A ‘spread’ is essentially a prediction of what will happen in a particular market for a particular sporting event, expressed as a bid-ask spread. For example, the ‘spread’ of total goals in a football match might be 2.8 – 3.0.
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This means that if you think the market, or outcome, will end above the stated range, you buy. If you think it will fall below the mentioned range, you sell.
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With sports spread betting, the more accurate you are, the more multiples of your bet you can potentially win. But it’s wrong, and you can potentially lose more than one of your bets.
Your bet is the amount you decide to bet for each point moved, so a £10 bet on a total goal can win or lose £10 per goal. It is important to choose your shares according to the various spread betting markets, which will be explained in more detail later.
For a short sports spread betting explanation, check out our educational ‘how to’ video guide below. Alternatively, read our written guide.
If you are new to sports spread betting, you may be wondering what the advantages are over traditional fixed odds betting.
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With a fixed odds bet, you are right or wrong. But with sports spread betting, the more ‘correct’ you are with the bets you place, the more money you stand to win. In this sense it rewards your skill, knowledge and judgement.
If you can think of it, it is possible to place a spread bet on it. Not just the classics like a corner in football or a batsman’s run in cricket – with long-term value in every major and minor sporting event – but more esoteric offerings such as golf’s par or how many points a player can score in tennis. .
Spread betting allows you to gain against the odds by selling the spread – the equivalent of placing a bet on a betting exchange. For example, if you don’t like a particular race betting horse, you can sell our race index spread. More about this is explained here.
Yes, you can bet on a game at fixed odds, but spread betting is the origin of in-play betting. The buy or sell method means it’s a very fluid way to bet on live events, allowing you to partially or completely close a position on a match or event, or change your mind and go the other way with your bets entirely!
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Spread betting allows you to take a long-term view on a race meeting or event or an entire sports tournament. Horse racing spread betting, for example, allows you to bet on things like winning distance (the distance of the winning horse for each race in a meeting or full festival, combined) or cricket spread betting. A complete competition like Test series or World Cup.
You can use spread betting to bet on individual competitors in a race or match. For example, you can bet on a player’s performance in a football or cricket match, or with horse racing spread betting you can bet a match on how well one horse is against another, or bet on the performance of a named jockey. meeting or full festival.
The main difference between spread betting and fixed odds betting is the probability of losing your initial bet. So you should keep these things in mind:
Some spread betting markets can be more ‘volatile’ than others – this means the potential end result or ‘makeup’ can be very large in some markets and very small in others. For example, total goal minutes in a soccer match is more volatile than total goals in a soccer match.
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Taking the example above, if a football match has a total goal spread of 2.8 – 3 and you buy at 3, your worst case scenario is a 0-0 draw where you lose 3 times your bet. However, the total goal minute spread can be 140 – 150 so if you buy at 150, your worst case scenario of a 0-0 draw here means you lose 150 times your stake.
Using the example above, you can determine how much you should invest in each market for your cash risk. So a £20 buy of 3 total targets has a risk of £60 (0 – 3) x £10) but for a total target of £60 (0 – 150) x £0.40 risk you have to significantly reduce your stake to 40p.
Try our interactive widget below for examples of how sports spread betting works for a theoretical £10 bet on various football markets.
The widget shows in more detail how spread betting markets differ in volatility. As explained above, Total Goals Minutes Football Spread Bet result range is higher than Total Goals. Therefore, it is important to choose a stake level that you are comfortable with for different markets.
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Try using widgets for different football markets to see how the potential profit and loss levels may vary. This will help you practice sports spread betting and give you an idea of how the markets work before you actually try it.
You’d think the afternoon’s big Premier League game would be an end-to-end, open affair, and so look at the total goal spread betting market.
2.8 – represents the total target at 3, so you decide to buy £50 at 3. The game could be a thriller that would end in a 4-2 home win. That means you will make a profit of £150 (6 – 3) x £50). If the match ends 3-2 you win £100 (5 – 3) x £50) and if the match ends 2-2 you win £50 (4 – 3) x £50)
If the match ends 2-1 you break (3 – 3) x £50, but if less than 3 goals are scored in the match you lose the money.
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A 1-1 draw would have resulted in a £50 loss (2 – 3) x £50), a 1-0 score would have resulted in a £100 loss (1 – 3) x £50 and a 0-0 draw would have resulted in a £150 loss. (0 – 3) x £50).
You’d expect this evening’s FA Cup clash to be a tight contest with little goalmouth activity, so take a look at the total goal spread betting market.
2 refers to the total target at 2.2, so you decide to sell £50 for 2. Your instincts are correct and the game ends in a 0-0 draw. This means you make a profit of £100 (2 – 0) x £50.
If the match ends 1-0 you win £50 (2 – 1) x £50) and if the match ends 1-1 you break even ((2 – 2) x £50)
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If more than 2 goals, you lose money. If the result is 2-1 you lose £50 (2 – 3) x £50). If the result is 2-2 you lose £100 (2 – 4) x £50) etc.
If you are new to spread betting, fixed odds betting may be the only form of betting you have encountered before. But compared to sports spread betting, some of the limitations of more traditional betting are exposed.
Take horse racing – perhaps a game that involves betting on fixed odds. It can be very difficult to make a big return by backing a favorite, especially if it is unfavorable. Still in sports betting spreads, there are more opportunities for strategy.
Let’s think of an example scenario. Say you think the favorite will look strong at Cheltenham. A horse’s fixed odds price may be 2/5. But its race index is spread – with 50 points for a first-place horse, 25 points for a second-place horse and 10 points for a third-place horse – to be 35 – 38.
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You bet £10, and the horse wins. If you bet a fixed odds, your winnings will be just £4. But if you bet the spread, your winnings would be £120 (50 – 38) x £10).
Another disadvantage of fixed odds betting is that it requires you to predict more accurately than most spread betting markets.
Let’s take an example from cricket spread betting. Going into the Ashes, you want to bet on how many runs England’s star batsman will score in the first innings.
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