Euro 2008 Spread Betting
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Key Sports, Events and Links
So England, Wales, Scotland, Ireland etc haven’t made it...we all know that. Some of us may even have sold JJB shares on the fact that they won’t sell many shirts this summer.
A late Sunday game v Trinidad and Tobago is unlikely to get the masses departing with their hard earned
So what are the bookies doing about it? Well Sporting Index have put on their usual Tournament Specials and Tournament Free Bets, here are just some of them:
Euro 2008 Spread Betting Specials
| Market | Sell | Buy | Notes |
| Total Tournament Penalties | 18 | 19.5 | Includes all penalties scored in 90 mins, extra time and shoot outs. |
| | | | |
| Total Tournament Goals | 74 | 75.5 | Only goals scored in 90 mins count. Extra time and shootouts do not count. |
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| Total Tournament Yellow Cards | 140 | 147 | Only applies to cards in normal time. A player sent off for a second yellow will only count as 1 Yellow Card for this market. |
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| Total Tournament Red Cards | 7.5 | 8.5 | Only applies to cards in normal time. |
| | | | |
| Shocking Decision Ref! | 12.5 | 14 | The number of times the ball goes into the net and a goal in not awarded. Includes where a player is offside and still puts the ball in the back of the net and the goal is not awarded. Only applies to normal time only. Only 1 goal per incident. |
Euro 2008 Spread Betting - Outright Index
This will be one of the most popular markets this summer. This market is all about spread betting on teams to do well or badly during Euro 2008.
Note: See below for Pre-tournament prices, the following table shows the final positions and results (make-ups) for Euro 2008.
| Country | Sell | Buy |
| Spain | 100 | 100 |
| Germany | 75 | 75 |
| Russia | 50 | 50 |
| Turkey | 50 | 50 |
| Croatia | 25 | 25 |
| Holland | 25 | 25 |
| Italy | 25 | 25 |
| Portugal | 25 | 25 |
| Austria | 0 | 0 |
| Czech Rep | 0 | 0 |
| France | 0 | 0 |
| Greece | 0 | 0 |
| Poland | 0 | 0 |
| Romania | 0 | 0 |
| Sweden | 0 | 0 |
| Switzerland | 0 | 0 |
Prices correct as of 9.00am, 30-Jun-08.
Pre-tournament prices
| Country | Sell | Buy |
| Germany | 47 | 50 |
| Spain | 38 | 41 |
| Italy | 36 | 39 |
| France | 33 | 36 |
| Portugal | 33 | 36 |
| Croatia | 26 | 29 |
| Holland | 23 | 26 |
| Czech Rep | 22 | 25 |
| Switzerland | 18 | 21 |
| Sweden | 16 | 19 |
| Greece | 15 | 18 |
| Russia | 14 | 17 |
| Poland | 12 | 15 |
| Turkey | 12 | 15 |
| Romania | 7 | 10 |
| Austria | 6 | 9 |
Pre-tournament prices, prices correct as of 27-May-08.
Euro 2008 Outright Index
How to spread bet on a team to do badly?
So you still think the Italians were lucky in the World Cup? Are their best players a bit long in the tooth? are they in the Group of Death? Will they even get out of a Group containing France, Holland and Romania?
How does it work?
At the moment Italy are 36-39 points on the Sporting Index Outright Tournament Index (note that this was the correct price on 31 May 08).
For Euro 2008, Sporting Index award 100 points to the Winner, 75pts for the Runner-up, 50pts for Losing in the Semi-Final, 25pts to any team that loses in the Quarter Final and 0pts for any other place.
A spread of 36-39 points reflects the bookies opinion that they feel Italy are likely to lose in the Quarters or the Semis.
If you thought Italy wouldn’t get to the Semis you could Sell them at 36 points for, let’s say, £5 per point.
When ‘Selling’ in spread betting your profit / loss:
= (Opening Price - Result) x stake
If you were right and Italy ended up losing in the quarters you would have won 11 times your stake. ie you Sold at 36 points and Italy were awarded 25 points for losing at the quarter final stage.
= (36 - 25) x your stake
= 11 points x £5 per point
= £55
If they had a tough time in the Group and didn’t make it to the quarters then the Azzurri would have been awarded 0pts and you would have cleaned up.
Profit = (36 – 0) x your stake
= 36 points x £5 per point
= £180
Of course Italy can grind out a result or two and they are the World Champions. If they went on a bit of a run and lost in the final they would be awarded 75 points and you would lose.
= (Opening Price - Result) x stake
= (36 - 75) x your stake
= -39 points x £5 per point
= -£195
Sports spread betting can be a lot of fun but you need to be careful. As the ads say, only bet with money you can afford to lose.
You can also decrease your stakes to lets say £2 per point. In the above examples that would mean:
Italy Euro 2008 Spreads Examples
- Lose in the Quarters: (36 - 25) x your stake = 11 points x £2 per point = £22
- Don’t qualify from the Group: (36 – 0) x your stake = 36 points x £2 per point = £72
- Runner-ups: (36 - 75) x your stake = -39 points x £2 per point = -£78
Where can I spread bet on Euro 2008?
England won’t be there, thanks for that Steve...and whoever was responsible for his tenure as England Coach. I still think that, as head of the FA, Brian Barwick should have gone. He appointed someone to run the national team who had never won anything. Talk me through that one Bri...
And that’s why I’m not allowed to write this column. I’m clearly still bitter. And twisted. That’s why we turned to the bookies for their thoughts on the tournament.
Ed
Euro 2008 Spreads Preview
It all gets underway in Basel this Saturday when Switzerland take on the Czech Republic and will end 22 days later on Sunday 29th June in Vienna. Germany, Spain, Italy, Portugal and France seem to be, as always, the names on every shortlist.
However, they were four years ago in Portugal when Greece pulled off one of the biggest sporting upsets of all time. The current Champions were virtually the rank outsiders in Sporting Index’s pre-tournament book and were even massive underdogs on the night of the final. The rest, as they say, is history.
(For a run down of the latest tournament prices and how the 100 Index works see>> Euro 2008 Spread Betting)
After an impressive qualifying campaign Greece are once again outsiders and they can be bought at 18pts. Even a losing quarter-final finish will yield a 7 point profit for buyers.
Looking at the Group stages in more detail:
Group A. Portugal are hot favourites to win the Group. Sporting Index are offering an index on each of the four groups and allocate 25 points to the winner, 10 points to the runner-up, 5 points to the side who misses out in third and 0 points to the nation that finishes bottom. It is not hard to see why buyers of Portugal, a side that contains the likes of Ronaldo, Nani and Deco, have to pay 14.5 points.
However, they will have to see off a talented Czech Republic side (9.5 – 11 on the Group A index), not to mention Switzerland. As co-hosts of the tournament, the Swiss may well come in for support and can be bought at 10 points. It’s worth remembering how well they performed at the World Cup two years ago when they became the first side ever to be sent home at the quarter-final stage (on penalties) without conceding a goal.
Germany are red-hot favourites to win Group B and can be bought at 18.5 points on the 25/10/5 index. Sporting Index reckon that they are most likely to progress to the knockout stages with Croatia who are pitched at 10-11.5 points. Poland are expected to pip Austria for third place.
However, the most interesting of the four groups is without doubt Group C – already labelled the ‘Group of Death’. The Group features both finalists from the last World Cup, not to mention Holland. Sporting Index expect current World Champions Italy to advance as group winners and have pitched their spread at 12.5-14 points. France are next best at 11.5-13 points with Holland next best at 9-10.5 points. There will no doubt be plenty of sellers of Romania at 3.5 points as they have been widely tipped to finish bottom.
Group D sees Spain paired with Sweden, Russia and reigning Champions Greece. Buyers of the Spanish at 17 will be hoping that the likes of Fabregas, Xavi, Torres and Villa can at last deliver the goods for a side that has consistently under achieved on the World stage. Sporting Index’s prices would suggest that they expect Sweden to qualify as runner-up with Greece edging out Russia for the wooden spoon.
Euro 2008 Totals Markets
If you are finding it too difficult to single out individual winners and losers, then you may well be interested in the hundreds of ‘totals’ markets on offer.
The company have served up predictions on everything from the total goals scored in the 31 game tournament, right the way through to total number of missed penalties. There were exactly 74 goals scored in Portugal four years ago and all those who felt that was a high scoring contest will be able to sell Goals @ 74. Those of a more positive persuasion will note that Euro 2000 yielded 83 goals. Buyers can get in on the market at 75.5 goals.
There were 147 yellow cards shown in Euro 2004 and the current spread of 140-147 suggests that the traders are expecting more of the same. Interestingly, there were only six reds issued last time and buyers at 8.5 will be expecting a far dirtier tournament this time.
Euro 2008 Novelty Bets
Sporting Index are well known for their novelty wagers and are once again offering their ‘Dodgy Keepers’ market which is a prediction on the number of times the goalkeepers punch the ball throughout the tournament. The current spread is 48-52 which is higher that the make-up in 2004 of 43. Buyers at 52 are obviously expecting the light balls and rumoured movement to cause a nightmare for all keepers.
The presence of Cristiano Ronaldo in the tournament will encourage buyers of the ‘Belly Flops’ market which is a prediction of the number of players booked for simulation. Buyers at 7.5 ‘Belly Flops’ will be hoping for more than the six issued last time round.
Other markets that catch the eye include total own goals which are pitched at 2-2.2 and total corners (318-325) which are expected to be a lot lower than the 351 taken at Euro 2004.
Volatile!
For all those who like a really volatile bet, total fouls in the tournament can be sold at 11000 or bought at 11040. Buyers at that figure four years ago would have made exactly a 1 point profit.
Shocking Decision Ref
Sellers of ‘Shocking Decision Ref’ (number of times the ball goes into the net during the tournament and no goal is given) at 12.5 will be hoping for a similar make-up to last time when it happened just the six times.
'Euro 2008 Spread Betting' edited by DB, updated 30-Jun-08
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