Spread Betting is much easier to understand than some people think.
The Spread Betting Firm makes a prediction on a particular aspect of a sporting event, such as how many goals will be scored in a game of football.
Their spread may be 2.4-2.7 goals on a particular football match. You have the choice of going below 2.4 goals if you think few goals will be scored or above 2.7 if you expect a flood of goals.
Example 1: You go lower than 2.4 goals (called "selling" the goals) for say £10 a goal. If the match ends 0-0 then you have won 2.4 x £10 = £24. However if there were four goals you would lose £16.
Example 2: You go higher than 2.7 goals (called "buying" the goals) for say £10 a goal. If the match ends 2-2 then there have been four goals and you win £13 (4 goals - 2.7 goals = 1.3 goals x £10). However if there were no goals at all you would lose £27
In short, you simply decide whether their prediction is too high or too low. The concept is that simple.
Now apply that concept to a volatile market, like how many cricket runs a team (or individual batsman) will score and you can see how profits can quickly mount.
The rule of thumb is have bigger stakes on low volatility markets (like goals in a football match) and low stakes on volatile markets (like series cricket runs). Our idea of the best spread betting firm in the world is Sporting Index and Claim £200
Spread Betting Explained
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