If you want to bet on football, then you’d better start learning about spread betting. Some sports betting online sites use spread betting for football – and spread betting is not a simple “win” or straight bet where all you have to do is choose your team and bet a certain amount that your team will win the game. In spread betting, you bet that the outcome – whatever it is that you’re actually betting on – will be higher or lower than the actual spread.
Spread Betting Explained
Spread betting in sports is usually applicable to live football betting. The bookmaker will predict the spread of a certain outcome. The football outcomes subject to spread betting vary but, generally, they are on total and time range. For more betting tips, strategies and finding bookmaker tools see www.bonuscorner.com.
Total: Spread predictions can be about the total number of goals a team will make before kick-off, the total number of corners in the game and the total number of bookings.
Time Range: Spread predictions on time range can also be about the following:
the time range within which the first match goal will occur;
the time range within which the home team will make its first goal;
the time range within which the away team will make its first goal;
the time range within which the next match goal will occur;
the time range within which the home team will make its next goal; and
the time range within which the away team will make its next goal.
The spread prediction on totals is usually numerical values whereas the spread prediction on time ranges is usually in minutes. For example, the bookmaker can predict that in a football match, the total number of goals that Team A will make will be within the 2.3 to 2.7 range. In another case, the bookmaker can make a prediction that the match will have 21-30 card points. Finally, the bookmaker can also predict that the time range within which the first match goal will occur is 10-20 minutes.
To participate in spread betting, you need to predict whether the outcome specified will be higher or lower than the range specified. In other words, your bet can only go two ways: you can either go higher than the predicted spread or lower than the predicted spread.
If you bet higher than the spread and the game outcome proves you right, then you will win an amount equivalent to your stake for every point that the actual outcome exceeded the upper limit of the predicted spread. If you bet lower than the spread in this same scenario, however, you will lose an amount equivalent to your stake for every point that the actual outcome exceeds the lower limit of the predicted spread.
Making a Bet – An Illustration
Let’s take for instance above cited example about the time range within which the first match goal will happen. Let’s say the two teams that will play are well matched. In their past games, moreover, each team found it very hard to score. You believe that history will repeat itself and that the two teams will find it just as hard to score in this match as they did before. Thus, you predict that the first match goal will happen way beyond the 10-20 minute spread.
After making your decision, you went to your favourite sports betting online site, chose the match you are interested in, then made your preferred bet on the time range to first match goal spread. When asked for the amount of money you are willing to stake on your bet, you quoted L10, certain that it will actually take 30 minutes into the game before the first goal is achieved.
If you’re right: Let’s say your prediction came true and it did take 30 minutes before the first match goal was achieved. In this case, you win L10 for every point that exceeded the spread. That’s 30 minutes (actual) diminished by 20 minutes (predicted), so you will win L10 x 10 for a total winning of L100. That’s a 900 percent return on your stake!
If you’re wrong: What happens if you’re wrong? Let’s say the first goal was made 6 minutes into the game. That’s 20 minutes (predicted) diminished y 6 minutes (actual) for a difference of 14 points. Therefore, you lose L10 x 14 or a total of L140!
The Risks and Returns of Spread Betting
It must be pretty obvious then that spread betting is very risky, but it can be very rewarding, too. To reduce the risks and increase the potential returns, you must predict, as accurately as possible, how the game will go.
To reduce the risk and improve your potential returns, you must always have a good reason to believe that the outcome will exceed or fall below the spread. In other words, don’t just go betting on a whim. Furthermore, you must also predict, as accurately as possible, how high or how low the actual outcome will go. When you’re quite sure of the outcome, you will be able to decide how much and how to bet.