Learn about Spread Betting
July 2, 2009
Spread Betting
Spread Betting is an exciting betting option that can deliver you greater rewards while involved for every second of every match!
SportsAlive.com is Australia’s leading spread betting agency, offering a comprehensive range of markets on the most popular sports and racing events.
Spread Betting is an unfixed bet type that enables the punter to predict an outcome of a match or event and back their judgment against the “Spread” quoted by Sports Alive.
The “Spread” is a scoring range created by Sports Alive on a specific event or match.
If a punter believes this spread is too high or too low, (s)he will buy or sell accordingly.
Buying: If the Spread seems too low, then the punter “buy”. Meaning that for every point over the spread the result is, (s)he wins (or loses) by multiplying the stake by the difference between the top of the spread and the result.
Selling: If the Spread seems too high, then the punter will “sell” meaning that for every point under the spread the final result is, (s)he wins (or loses) by multiplying the stake by the difference between the bottom of the spread and the final result.
Take a Rugby International game played between Australia and England in Sydney. The quote is: Australia / England 7-9. In this case Australia are first named because Sports Alive regards them as the favourites to beat England, by a margin of between 7 and 9 points. The options are:
If a player expects Australia to triumph by more than 9 points, you buy at 9, stating your unit stake.
If the player thinks Australia’s winning margin will be less than 7 points, or fancy England to win, you sell at 7.
Now consider these example outcomes in online sportsbetting:
Example 1: Australia beat England 35 to 3. Australia’s winning margin is therefore 32.
If you bought at 9, for $10 a point, you have won: 32 minus 9 = 23 x $10 = $230.
If you sold at 7, for the same unit stake, you have lost: 32 minus 7 = 25 x $10 = $250.
Example 2: England beat Australia 14 to 12. Australia’s winning margin is therefore -2.
If you bought at 9, for $10 a point, you have lost: 9 minus -2 = 11 x $10 = $110.
If you sold at 7, for the same unit stake, you have won: 7 minus -2 = 9 x $10 = $90.
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