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Exploring the world of spread betting reveals that, although your options are narrower than with fixed-odds sports bets, there are still some top-tier platforms to consider. bookie This article delves into the various avenues for spread betting and explains the mechanics behind it.
Unlike fixed-odds betting, spread betting requires predicting outcomes within a given market range.
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The ‘spread’ defines an expected range for market outcomes. For instance, if the spread for a football match's Total Goals market is 2.9 – 3.1, it suggests an average expectation of 3 goals. Bets are placed on either the BUY or the SELL side of the spread.
In the previous example, anticipating more than 3 goals in the match would lead you to BUY.
Conversely, predicting fewer than 3 goals means you might want to SELL.
In fixed-odds betting, your potential gains and losses are predefined. Spread betting, however, adjusts profit or loss based on how the actual outcome aligns with the spread.
Take the Total Goals market: a BUY bet wins more with every additional goal scored beyond 3 but loses more when fewer goals are scored.
Similarly, a SELL bet increases profit with fewer goals and leads to higher losses when more goals are scored.
Spread betting's allure lies in its high-stakes nature, offering the chance for significant returns but equally substantial losses if predictions are far off.
Let's clarify with an example spread bet scenario.
Spread betting spans numerous sports and markets, from Wimbledon Tennis to The Masters Golf, offering diverse betting opportunities.
Focusing on our example of the Total Goals market with a 2.9-3.1 spread, and using a stake of £10 per point, let's explore further. betting on the World Cup .
Calculating potential spread betting outcomes requires this straightforward formula:
For a Total Goals market, the 'Settled Price' equates to the actual goal count, while the 'Buy Price' is your entry point.
(Settled Price – Buy Price) x Stake
For instance, a match ending 0-0 settles at 0. A £10 BUY bet at 3.1 results in:
This outcome represents the highest possible loss, as 0 is the floor.
(0 – 3.1) x £10 = £31 Loss
Should the final score be 5-2, with a Settled Price of 7, the result would be:
The more goals exceed the Buy Price, the greater your gain.
(7 – 3.1) x £10 = £39 Profit
As you can see, if you place a BUY bet:
For SELL bets, calculate returns with this formula:
Imagine placing a £10 SELL bet at 2.9, with a match ending 0-0 yielding:
(Buy Price – Settled Price) x Stake
With a 5-2 result, the outcome would be:
(2.9 – 0) x £10 = £29 Profit
In this instance, profit grows with fewer goals and losses increase with more than 3 goals.
(2.9 – 7) x £10 = £41 Loss
Manual calculation skills are handy, yet verifying with a Spread Betting Calculator can be wise. Many are available online, such as the free tool from SpreadEx available here .
Alternatively, try the spread betting calculator below.
Do Spreads Incur Commission?
In a 2.9 – 3.1 Total Goals spread, both Buy and Sell bettors lose £1 when 3 goals occur with a £10 stake.
As a bettor, aim for a tight spread with minimal variance between BUY & SELL prices. Wider spreads can hinder long-term profits.
In the UK, spread betting splits into sports and financial trades. Each carries unique opportunities.
Some bettors are drawn to spread betting due to: Spread-Bet.co.uk by Justin Grossbard for the latter.
Potential for High Returns – Profits soar when the settled value greatly surpasses or falls short of the initial price.
Possibility of Large Losses – Similar to big wins, there's a risk of sizable losses, only known post-event.
By knowing your worst-case scenario, you gauge the maximum loss and can avoid excessive risks.
In our earlier BUY bet example with a max £31 loss, being financially prepared for this mitigates future issues. SELL bets carry greater uncertainties as you incur more losses beyond 3 goals, with no limits.
Many spread betting platforms like
offer minimum bets of just 1p on select markets. Start small while familiarizing yourself with spread betting's mechanics and market volatility.SportingIndex and SpreadEx Volatility varies—some markets bear higher chances of drastically diverging from the spread, inviting substantial gains or losses.
Beginners should favor less volatile markets in spread betting's early stages.
Not every spread bet will succeed. If significant losses loom, consider cashing out to protect your bankroll.
A proactive plan is wise—define your max tolerable loss and cash out if necessary. This strategy minimizes further risks.
Spread betting's popularity stems from the impact of sports knowledge. Deep insight informs better selections and profit chances.
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Site | New Customers Get | Review | Visit |
---|---|---|---|
![]() | £300 Cash or an iPad | Read Review | Visit |
![]() | £75 Free to Spread Bet with | Read Review | Visit |