How to Spread Bet on Sports
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How to Spread Bet on Sports - an introduction to sports spread betting. If you are looking for football or racing or any other sport trading information, you're on the right website
How to Spread Bet on Football: Betting on Total Goals Example
This market is based on the total number of goals scored in a given match by two teams.
A spread betting company might predict that the Manchester United v Barcelona game will produce 2.7-3.0 goals. Therefore if you think that the game will be high scoring you would Buy Total Goals at 3.0 for the stake of your choice, in this case, £50 per goal. Likewise if you think there would be 2 or less goals you would Sell at 2.7 goals.
If Barcelona were to win the game 4-1, the total goals scored in the game would be 5 (it doesn't matter which team wins).
Your profit / loss is worked out calculated by calculating the difference between the Result (aka Make Up or Closing Level) and the opening price (3.0) and multiplying by the stake.
Profit = (5.0 - 3.0) 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 or Make Up would be 2 and you would have lost.
Loss = (2.0 - 3.0) x £50 per goal stake
= 1 goal x £50 per goal = £50 loss
How to Spread Bet on Football: Betting on Player Goal Minutes
This market refers to the total minutes of all the goals scored by an individual player in a match. So, if a player scored two goals in a match, one in the 34th minute and the other in the 68th minute, his Result (or Make-up) result would be 102 minutes. A player's Result (Make-up) that does not score in a game is 0 minutes.
eg The Goal Minutes prediction for Wayne Rooney in a match might be 17 - 20.
If you thought he might not score in the game, you would bet low on his goal minutes at 17. If Rooney had scored but only in the 7th minute his Total Goal Minutes would be 7.
Your profit / loss is calculated by calculating the difference between the Result (aka Make Up or Closing Level) and the opening price (17) and multiplying by the stake.
Profit = (17 - 7) x £2 per minute
= 10 minutes x £2 per minute = £20 profit
If, however, he had scored again in the 48th minute, you would have lost. His Total Goal Minutes Result would be 7 + 48 = 55.
Loss = (17 - 55) x £2 per minute
= - 38 minutes x £2 per minute = £76 Loss
How to Spread Bet on Cricket: Betting on Player Batsman's Run
During the course of an innings a spread betting company will predict the number of runs a batsman will score.
eg As Andrew Flintoff walks to the wicket the "spread" or prediction of the number of that he will score could be 30 - 34 runs.
If you thought he was in good form you would bet high at 34 runs for a stake of let's say £5 per run.
Had Freddie scored 52 you would have made 18 times your stake.
(52 - 34) x your stake = 18 runs x £5 per run = £90 profit
But if he had struggled and eventually been dismissed for 20, you would have lost 14 times your stake.
(20 - 34) x your stake = - 14 runs x £5 per run = £70 loss
How to Spread Bet on Horse Racing: Race Index
This is a slightly more complex bet but works on the same principle as other spread bets
This bet is about the performance of horses in individual races, awarding points according to where they finish. The points structure varies according to how many runners there are in a race. For races with up to 12 runners the points may be as follows:
1st = 50 points
2nd = 25 points
3rd = 10 points
Any other place = 0 points
Races with over 12 runners taking part could be:
1st = 50 points
2nd = 30 points
3rd = 20 points
4th = 10 points
Any other place = 0 points
This market allows you the opportunity to back or lay a horse.
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Example
A horse in a race with 12 or fewer runners might be quoted at 9 - 12 points reflecting the bookies belief that the horse will finish in the frame. If you fancied him to do well, you might bet high at 12 for £2 per point.
If he went on to win the race, he would have been allotted 50 points, ie a Result or Make Up of 50 points.
If you were to Buy the nag at 12 you would have won 38 times your stake.
Profit = (50 - 12) x £2 per index point
= 38 index points x £2 per index point = £76 profit
If the horse had not finished in the top 3 places he would have been awarded 0 points. ie the same bet would have lost you 12 times your stake.
= (0 - 12) x £2 per index point
= -12 index points x £2 per index point = £24 Loss
How to Spread Bet on Horse Racing: Match Bets
In some races the bookies will pick 2 interesting horses and predict what the distance between them will be when they cross the line. The maximum distances for the purpose of these bets is normally 12 lengths in a Flat race and 15 lengths in a National Hunt race.
Note that it does not matter where the horses finish in the context of the race. It is the distance between them that counts.
eg a bookie could make a match bet between Horse A and Horse B where Horse A is favourite to finish ahead of Horse B by between 0.5 - 1.5 lengths.
If you liked the look of Horse A and thought it was a far classier filly you might Buy it at 1.5 lengths for £5 per length.
let's say Horse B had a bad race and it trailed in 12 lengths behind Horse A.
As normal your profit / loss is calculated by calculating the difference between the Result (aka Make Up or Closing Level) and the opening price (1.5) and multiplying by the stake.
Profit = (12 - 1.5) x £5 per length
= 10.5 lengths x £5 per length = £52.50 profit
If, however, Horse B had finished 5 lengths ahead, the same bet would have lost you 6.5 times your stake (5 lengths plus the 1.5 length you bought at).
Loss = (-5 - 1.5) x £5 per length
= - 6.5 lengths x £5 per length = £32.50 loss
The best companies for Sports Spread Betting (title: The best companies for Sporting Spread Betting"
Sports Betting Markets
Each company will have their own specific online markets however some of the companies will offer the following:
- American Football / NFL
- Basketball
- Cricket
- Entertainment / Novelty
- F1 / Formula One
- Football
- Golf
- Greyhounds / Dogs
- Horse Racing
- Ice Hockey
- Politics
- Premiership / Coca Cola Championship / Division 1 / Division 2
- Rugby League
- Rugby Union
- Snooker
- Soccer - European Cup / Champions League / EUFA
- Tennis
- US College Sports
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How to spread bet on Sports
How to spread bet on Bonds and Interest Rates
How to spread bet on Commodities
How to spread bet on Forex
How to spread bet on Shares
How to spread bet on Stock Market Indices
How to spread bet on Sports
'How to Spread Bet on Sports' by JW, updated 23-Apr-07
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