A Beginners Guide to Spread Betting
50905
Recreation & Sports > Casino & Gambling
Oct 24, 2007
Galway
A Beginners Guide to Spread Betting
I've never been in a bookies office, but the idea of spread betting in the comfort of my own home offers significantly greater appeal, and there are a number of websites I can look to find ideas. Spread betting offers a more interesting bet on the difference between two teams' scores, or the likely total outcome of goals, points or scores in a sporting event, than traditional sports betting. With the proliferation of online bookmakers, and peer-to-peer or exchange betting sites, you can also make a bet online, potentially against real bettors, rather than bookmakers. But to begin with, it might be more straightforward to get to grips with the basics of spread betting, and find out what you can potentially win (or lose)! The bookmaker's interest in spread betting is to encourage people to make a wider range of bets. In the US, this is usually applied to the difference in scores between two football or baseball teams. In the UK, it tends to be applied to the total amount of goals or corners during a football match. In spread betting, a bettor bets on a difference score (an index), rather than a win outcome. For example in a game between Aston Villa and Chelsea, a bookmaker might offer a spread of between two and three as the total number of goals scored (this could be a decimal figure). As a bettor, you could choose to 'buy' when you believe the total number of goals will be greater than three, or 'sell' where you believe the outcome will be less than two (the lower end of the bookie's range). The amount you stake will normally have a maximum limit. If you believe, contrary to the bookmaker, that this will be a high-scoring game, then you will 'buy' for a score above an upper limit. Say your stake was 10 quid, then for a 3-2 outcome (a total of 5 goals) then you would receive 10 GBP (your original stake) for every point or goal above the upper limit of three, which would mean 2 X 10 = 20 pounds. If the outcome was 1-0 to Chelsea, you'd lose by threepoints (3 x 10=30 pounds). Obviously, you'd need to have enough in your account to cover the worst-case scenario. The same could be applied to horse racing, where the spread would be the total number of points awarded to the bookie's favourite, second favourite and third favourite horses. You could bet on a US football game, following the American style of betting on the difference between the two teams' scores. Or if cricket is your preferred sport, you could choose to bet on the total number of runs made by an individual player either side of a certain range. The history of spread betting Before the invention of spread betting, people were likely to bet on a standard win or lose situation such as that favourite Chelsea would beat Aston Villa by an odds of three to one, or that underdog Colchester United would beat Arsenal depite the odds being 6 to 1. Spread betting was invented by American Charles McNeil in the 1950s, a one-time maths teacher, and gambling afficionado who had opened his own bookmaking operation. He believed that he could determine not just who would win, but by how much, and being something of a whizz, he generally got it right. Online spread betting These days, you have a number of places to find out about or make your first spread bet. You can go directly to a high street bookmaker to open an account in the light of a future match. Or you could visit an online gaming site, where you may be able to benefit from introductory offers and read articles about how to find out more about spread betting. Introductory offers could include cashback for a certain number of bets - have a look around to find the deals that suit you best and at odds that make sense to you. Peer-to-peer or exchange betting sites match potential betters with opposing views on the likely outcome of a sporting event, so that they bet directly against each other. Perhaps the best thing about spread betting is that it offers a way for people to combine the old-fashioned skill of the football pools with the ease of modern technology.
Shaun Parker has been spread betting for several years now. To learn more about this for of gambling visit
send email to Galway
Write a Review
Add to My Favorite
Refer it to Friend
Report Article
Other links owned by this user
Make sure you read our article before choosing a ski chalet in Courchevel. If this is the first time you have visited the area, then this article should help you choose some areas.
Category:
Growing interest in the medicinal and aromatic properties of essential oils has led to a growth in their production. This article examines the production of essential oils in the UK and why farmers in the UK have a head start.
Category:
Contract Hire is a Lease product that takes away any residual value worries from the customer, the monthly payments are based on the capital cost of the vehicle, the contract period and the vehicles residual value.
Category:
This article describes how a heart rate monitor works and its use in fitness training, weight loss and recovery from injury.
Category:
With so many financial institutions offering secured loan products, it is often difficult to choose which will really benefit you. This article discusses what to look for when choosing a secured loan.
Category:
An article guide that provides clear categories for used DJ equipment aiding potential buyers
Category:
A look into how having points and convictions on your license can affect your motorbike insurance premium.
Category:
An article tracing the evolutionary aspects surrounding customer service training developments
Category:
Are you stuck in a dead end job? Do you feel like you,re not getting paid enough? There is no longer any reason to feel this way: finding the perfect job has got easier.
Category:
An article to inform the new Sports Betting fan how they can actually get a free money bonus from bookmakers as Free Bets.
Category:
why do so many of us not just spend what we have but what we dont have.
Category:
An article listing some humorous aspects on the topic of hair loss.
Category:
What is the best place to make a business deal? The golf club of course. This article shows you the facts and figures behind why people in business should take their deals to the gold club.
Category:
The best way to create a welcoming, professional reception area is to find the right sort of furniture and accessories; which are those that suit staff and visitors alike.
Category:
A solution for easy holidays, enjoying more breaks away with the family without months of planning.
Category:
An article describing the variety of outdoor sail shades avalaible
Category:
In motor racing, the idea that a driver's talents merit the accolade 'the greatest driver ever', was in many ways inspired by 3-time Drivers' Championship winner Ayrton Senna. The maverick Brazilian was known for breathtaking speed in qualifying rounds, a
Category:
Worries about snowfall and snow consistency over the early part of the season are becoming ever more prevalent nowadays, thus affecting the decision-making of skiers looking for perfect snow filled ski holidays!
Category:
This article provides a rational basis for playing free bingo on the internet
Category:
Microsoft Certified Systems Engineer or MCSE accreditation, is the most widely recognised IT qualification, and sets you up for a career focused on implementing the Windows Operating System and Microsoft Windows Server System software. This is an article
Category:
Other links at Recreation & Sports > Casino & Gambling
This article provides a rational basis for playing free bingo on the internet
Category:
Why not consider a bet on a reality TV show? Sure to make your viewing even more exciting - here's how.
Category:
Horse betting comes with its own dictionary of sorts. The bets themselves have many different possibilities that anyone who wants to bet should understand.
Category:
The internet's ability to blur boundaries and society's acceptance of casino gambling and sports tting ultimately shed light on the inconsistencies and loopholes of American gambling laws. From the makeshift sportsbook stalls in Nevada, most sports
Category:
Site Sponsor
Directory Statistics
Articles: 68222
Categories: 501
Yahoo Entertainment
