What is spread betting?

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6 Responses to “What is spread betting?”

1. Travis says:

   November 2, 2009 at 6:38 pm

   Online Poker

   when one team is obviously better than another, you don’t just bet to win, but to win by at least (some number) of points. That is the spread.
2. John says:

   November 4, 2009 at 4:30 pm

   Poker Tips From The Pros

   Spread betting is any of various types of wagering on the outcome of an event, where the pay-off is based on the accuracy of the wager, rather than a simple “win or lose” outcome, such as fixed-odds (or money-line) betting or parimutuel betting. A spread is a range of outcomes, and the bet is whether the outcome will be above or below the spread. Spread betting has been a major growth market in the UK in recent years, with the number of gamblers heading towards one million.Spread betting carries a high level of risk, with potential losses or gains far in excess of the original money wagered. In the UK, spread betting is regulated by the Financial Services Authority rather than the Gambling Commission.
3. pdq says:

   November 7, 2009 at 2:18 pm

   CA Vehichle Registration

   Simple example: You bet on the Steelers to win the game, but they are favored by 3 and 1/2 points. So you bet the Steelers MINUS 3 and 1/2.

   If the Steelers win by 4 points or more, you win your bet.

   If the Steelers only win by 3 points, (or 2 or 1), OR if they lose the game, then you lose your bet.

   The other way around: Let’s say you took the OTHER team, let’s say it’s Carolina. You would take Carolina PLUS 3 and 1/2.

   Now if the Steelers win by 4 or more, you LOSE.

   If Carolina wins, of course you win. But Carolina can LOSE by 1 point, 2 points, or 3 points, and you still WIN your bet because you had them PLUS 3 and 1/2 points.
4. luckybright24 says:

   November 9, 2009 at 10:55 pm

   Cereus Rakeback

   I trust you are referring to financial spread betting?

   Spread betting is a form of trading in which you bet on the price movement of a share, index, currency, commodity or bond. It is a way of playing the stock markets without actually owning any shares.

   Example:

   A spread betting provider gives you a two-way quote 237 – 239 (in pound and penny by default i.e. £2.37 – £2.39), offering you the choice to either buy or sell BT shares.

   The higher or ‘offer’ price is for buyers and the lower or ‘bid’ price is for sellers. If you think the price of BT shares will rise above the offer price of 239p before the expiry date (17 Jun 08) is reached,
   you buy (also known as an ‘up bet’ or ‘going long’).

   Conversely, if you think the price of BT shares will fall below the bid price of 237p before the expiry date is reached, you sell (also known as a ‘down bet’ or ‘going short’).

   You specify how much in pounds (£), dollars ($) or euros (€) you wish to bet (called the ‘stake’) per point movement (or per ‘tic’) in BT. In this case, one point or one tic is equivalent to a penny movement in BT shares.

   The expiry date is the date when the bet is closed and you settle any profits or losses. However, you can close the bet anytime before the expiry date (as long as it is within the quoted market hours for that product). You can also roll it over to the next expiry date.

   As you are trading on a ‘per point’ movement of the shares either way, there is no fixed amount that you can win or lose. Your profits (or losses) are equivalent to a multiple of your stake. For example, if BT shares rise 5 points from 239p to 244p before the expiry date is reached, you win £50 on a £10 stake per point bet (£10 x 5 points = £50).

   As you are betting on the price movement only, you do not own the underlying share at any point.
5. Mick Shrimpton says:

   November 11, 2009 at 3:06 pm

   Heads Up Poker

   Pointspreads are determined by linesmakers for sports betting. Usually you see them in football and basketball. Spreads are calculated to even the playing field as far as betting is concerned. For example, a heavily favored team will have a high probability of winning. Offering a straight up bet with close to even odds is nearly impossible in bookies eyes. Rightly so, because it wouldn’t be the best business model to follow!

   So, point spreads are calculated. They are represented by a negative (-) number and a positive (+) number. The negative number represents the favorite. A favorite would have to win by that amount in order to win the bet. So, if you have the Patriots -7, then in order to win the bet, they’d have to win by 8. If they win by 7 in this case, then there would be a tie, aka ‘push’ and your bet amount would be returned. If the spread was -7.5, the Pats would still have to win by 8, but the possibility of a push is eliminated. Thus, if you have the Giants +7, they can still lose by up to 6 points and you can still win the bet.

   You can find more helpful tips about sports betting at Hope this helps.
6. Regina says:

   November 14, 2009 at 9:29 pm

   UFC Betting

   At Sporting Index thay make predictions on various aspects of sporting or topical events. You then decide whether that prediction has been pitched too high or too low. What you then win or lose depends on the stake you choose and how right or wrong you are.