TYPES OF SPREAD BETS

Football has proved to be the most popular sport for spread betting gamblers and it accounts for more than half of spread betting revenue with cricket being popular followed by rugby and horse racing.

But whatever the sport, types of spread bets basically come down to three different groups.

Horse Racing Spread image

Total Bets

Total bets are decided by the number of times in a sporting event an eventuality occurs, it could be the number of corners in a football match, the number of runs scores in a cricket match or the number of aces served in a tennis game.

Let’s say Tottenham are playing Wigan and the corners spread is set at 10-11. This is the spread betting firm’s prediction of how many corners there will be in the match.
You fancy there will be lots of corners in the game, so you buy at 11, hoping there will be more than 11 corners.
You are proven correct, because there are 14 corners.
You bought at 11 and there were 14, so the difference is 3 making your profit at a £10 stake, 3×10=£30.

Supremacy and Match Bets

The main point of this bet is not just that your team wins, but by how many points.

Let’s say England are playing Wales in the Six Nations rugby. The spread for England supremacy is set at 17-20. This is the spread betting firm’s prediction that England will beat Wales by a margin of between 17 and 20 points.

You think the match will be closer than the spread suggests so you sell at 17, hoping that England win by a margin of less than 17 points. You still think England will win, but the odds of 1/5 with the online bookmakers don’t appeal.

However, England show great form and win 36-12. You sold at 17 and the make-up (the result of the spread bet) is 24 (the difference between 36 and 12), so you are wrong by 7 points. Your loss at a £10 stake is 7×10=-£70.

Performance and Index Bets

These markets award points values for various achievements in a betting events, for instance in a horse race to the winner, runner-up, third will be awarde points on a sliding scale. Football teams will be awarded a sliding scale of points for a win, draw, ech goal scored, a clean sheet, corners and will get points deducted for each red card received and each yellow card received.

A typical example comes with horse race meetings every day when spread betting firms offer a performance index on the favourites for the day and for some of the jockeys competing at one of the meetings. Both operate on the same principle; winner =25pts; runner-up =10pts; third =5pts. If there is a joint favourite, the horse with the lowest racecard number will be taken as the favourite.

Frankie Dettori is riding at Ascot and has six rides. The spread on his performances for the day is 46-50. You think he will collect more points based on the index scoring system than the spread suggests. So, you buy the spread at 50 hoping he will score more than 50 points.

Dettori has two winners, two seconds and the rest of his rides are out of the places. The winners both score 25 points and the seconds score 10, so the make-up is 70.

You bought at 50 and the make-up was 70, with the difference of 20 your profit at a £10 stake is 20x10 = £200.

Find out more information in best free bets’ Betting Guide

SPREAD BETTING EXPLAINED

SPREAD BETTING TIPS

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