Spread and Point Betting

Spread betting is a very popular way for people to bet when they don’t want to use fixed odds. Spread betting allows you to bet on a margin on certain sports and as long as you are within the margin then the outcome of the game isn’t important.

The spread betting format known as the Single Index is the easiest to use and is the one that is most often applied.

An example of the way that a spread bet works can be used in the game of rugby. In the Six Nations game between Ireland and England, Ronan O’Gara is quoted at scoring 12 points. The price for this is $5. This means that if O’Gara scores more than 12 points then each point after 12 pays out. Should O’Gara fail in his quest then you stand to lose $5 for each point he has less. Therefore if O’Gara scores 20 points then you earn 20 – 12 x $5 to give you a nice profit of $40. But if he only scores 6 you will lose and payout 12 – 6 x $5 to give you a loss of $30.

These bets are known as Over and Under bets on the total. You are simply betting on whether the score will be over or under the mark. There are a lot of different forms of spread betting and they are popular in many places such as in the NFL in the United States. You are required to have a very good knowledge of the sport or players when you are playing with this type of bet.

Another example of over/under is in football where people can bet the number of corners that you may have in a game. If a bookmaker has a spread of 12-13 corners and you can buy this at $25 then if the number of corners is more than 16 then he wins 16 – 13 = 3 x $25. But if the number is 10 then he loses 13 – 10 = 3 x $25.

In certain sports, spread betting by calculating the points in the bet can be very profitable and betting on a margin at a certain time is also a very profitable bet.