Sports Spread Betting
Sports spread betting is a different way to bet on the outcome of a sporting event You bet against the spread and not on fixed odds. As a result, the amount you win depends on how right you were about the direction you went in.
The flip side of this is that your losses can be more than your original stake as the more wrong you are the more you lose.
This has made spread betting an attractive option for many sports bettors, particularly those who work in finance and banking sectors.However, in the last few years, more and more traditional bettors have become interested in sports spread betting
Difference Between Sports Spread Betting and Fixed Odds Betting
Sports spread betting is different from fixed odds betting as follows:
- You bet against the spread by buying at the higher price or selling at the lower price
- You can close out for a profit during the event if the market goes in your favour or for a loss if it has gone against you
- You can bet on an index of points allocated to events that occur
- The more you beat the spread by the more you win
Many people view spread betting on sports to be more complicated than it actually is. If you do a bit of research you will find that the core principles are quite straight forward.
Sports Spread Betting: Core Priciples
If you believe the outcome will be higher than the spread you will buy at the corresponding “buy price.” On the other hand, if you believe that the outcome will come in under the spread you will sell at the corresponding “sell price.”
Sports Spread Betting Markets
Initially spread betting markets can seem a bit confusing to the average sports bettor. As you would expect, common markets differ per sport etc. However, with any form of betting there is a learning curve. In the case of spread betting, it is not that far removed from fixed odds betting once you gain an understanding of the fundamentals.
To make it easy to digest, we have put together overviews of spread betting markets for each major sport. These are a good starting point to gain an understanding of spread betting on sports.
Sports Spread Betting Markets by SportFootball Spread Betting
Horse Racing Spread Betting
Cricket Spread Betting
Tennis Spread Betting