Sports Spread Betting
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Key Sports, Events and Links
Football Spread Betting - Total Goals
This is a one of the most popular spread betting markets and is based on the total number of goals scored in a given match by two teams.
- Most punters like to 'Buy Total Goals' (bet that it will be a high scoring game)
- The exception is in local derby games and Competition Finals where punters think the games will be tight and gritty and therefore there will be few goals. Therefore punters like to 'Sell Total Goals' in those games
How does it work?
A spread betting company might predict that a Manchester United v Barcelona game will produce 2.7 - 3.0 goals. Therefore:
- If you thought that the game would be high scoring you would Buy Total Goals at 3.0 goals for the stake of your choice
- Likewise, if you thought there would be 2 or less goals you would Sell at 2.7 goals, again for a stake of your choice
In this case you think there will be a lot of goals so you Buy Total Goals at 3 goals for a stake of, let’s say, £50 per goal.
If Barcelona were to win the game 4-1, the total goals scored in the game would be 5.
Note: It doesn't matter which team wins or even which team scores the goals. 3-2, 3-2, 0-5 all produce the same result as far as this market is concerned.
When you buy a spread bet your profit / loss:
= (result – opening price) x stake
= (5 goals – 3 goals) x £50 per goal stake
= 2 goals x £50 per goal
= £100 profit
However had game finished 1-1 or 2-0 or 0-2 then Total Goals Result (Make-Up) would be 2 and you would have lost.
Your profit / loss = (2 goals – 3 goals) x £50 per goal stake
= -1 goal x £50 per goal
= -£50 loss
Where can I spread bet on Total Goals?
Risk Warning: Spread betting carries a high level of risk to your capital. You may lose more than your initial investment. It may not be suitable for all investors. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.
'Sports Spread Betting' by DB, updated 03-Jun-08
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