Spreadbetting is different from normal Fixed Odds betitng in that depending on how right or wrong you are will determine how much money you win or lose.
Sports spread betting is become more popular all the time as it provides you with the ultimate betting thrill and challenges your skill, judgement and knowledge of sport. The spread betting bookmaker will make predictions on various differn’t aspects of sporting or topical events. Its is then up to the punter to decide decide whether that prediction has been pitched too high or too low. MOst predictions will be in the form of two prices. This is a range known as the ?spread? and you bet low (also known as a ?Sell?) at the first named price and if you wish to bet high (also known as a ?Buy?) you would do so at the second price.
Here is a little example.
If I asked you to guess my age, you might say ?somewhere between 35 and 38 years old?. In the same way, the spreadbetting bookie allows themselves a range. If you were betting on my age you would bet low at 35 years or bet high at 38 years.
How do you win or lose?
What you win or lose depends on the stake size you choose and how right or wrong you are. During a game of football the bookie may predict that the first goal in a match between Chelsea and Manchester United will be scored in the 26th minute and consequently set a spread of 25 – 27 minutes. One client who believes there is bound to be an early goal goes LOW at 25 minutes while another who thinks that both defences will be at their best goes HIGH at 27 minutes. If the 1st goal is scored in the 15th minute, the client who went LOW at 25 minutes wins 10 times his stake (25 minutes take away 15 minutes = 10) while the client who went HIGH at 27 minutes loses 12 times his stake. (27-15) = 12
So now you can see depending on how right or wrong you are has a large baring on the amount of money you will win or lose. Spreadbetting is a bit more risk that normal fixed odds betting but at the same time the returns will be much greater.
If you want to try spreadbetting then we would suggest that you try out Sporting Index, There are lots of markets and they have some great sign up offers for you to take advantage off.