Spread Betting Explained: Everything You Need to Know About Spread Betting

About Spread Betting

If you are new to the world of gamlbing, then you are probably getting yourself familiar with all the different types of bets you can put on. The options are really almost endless, and this means that you can certainly find a bet that you are interested in. It doesn’t really matter what sporting event you are watching, you can probably bet on it. Go onto any sportsbook and you will see the sheer number of markets available to choose from. The type of markets that are available will likely depend on how far out the event is, and what type of sport you are looking to bet on and also About Spread Betting. You will usually find that there are heaps more markets available when it comes to team sports.

This is because you can not only bet on a heap of team markets, but also individual player markets as well. For example, if you found sport picks and were looking to bet on the NBA, a game between the Brooklyn Nets and the Los Angeles Lakers, a team bet would be for the Lakers to win, but a player bet would be LeBron James to score 20 or more points.

You should stick to the bets you understand, as you don’t want to bet on something you don’t know, as you could end up losing your money. This means that if you are only comfortable with the basics, then just stick to the moneyline, total points, etc. But if you have done your research and are looking for something new and exciting to try, then by all means, go for it!

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One of the more unique bets you can try is spread betting. Spread betting is only available on a handful of sportsbooks, so you will need to have an account with one of them if this is something you are interested in. Spread betting is gaining popularity because of how unique it is.

When it comes to spread betting, you do not get fixed odds, like you would see in every other market available. Instead you would bet on the result of the points to be higher or lower then what the sportsbook has set. Let’s say you are betting on the same Nets versus Lakers game, and you are looking to spread bet on LeBron James’ points going over.

If the line for the over points is set at 20, and you bet $2 per point, every point James scores that is above 20, you will get $2. So, let’s say he ends up scoring 30 points, you will win $20. But if he only scores 15 points, you will lose $10.

Spread betting works well because it keeps you engaged in the match right up until the last second, because your potential payout or loss will be constantly changing. This is what makes it so different to fixed odds betting, because you may already know your bet as won (or lost) before the end of the game.

It is important that you only try spread betting once you fully understand it, because there is the potential to lose a lot of money if you don’t know what you are doing. Also, if you are trying spread betting out for the first time, stick to a small stake, maybe something like 50c, just to dip your toe in the water.

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When looking at the spread betting markets, the sportsbooks should also tell you what your maximum win or loss level will be, as they will also set the line for this as well, so the maximum levels are not infinite. Make sure you read all this before confirming your bet.

 

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