![]() Most brokers will allow you to have an account open in just minutes. Itching to get started spread betting? Below is a quick step-by-step on how to place your first spread bet. ![]() ![]() There are various sporting events that you can spread bet on, such as: If you are correct, you will win multiple of your stake back which is what makes spread betting appealing to punters. Essentially, you are betting that the outcome of the sports event will be better or worse than the bookmaker’s prediction. With spread betting, you bet your stake on a spread that the bookmaker provides that is based on their prediction of the outcome. Spread betting on sports may look complex at first, but once you have placed a few bets, it’ll become easier to gauge which bets have good value. The key is accuracy the closer you are to the actual result, the more you stand to win or lose. For example, if the spread for corners in a football match is 10-11 and you ‘buy’ at 11, you gain more for each corner above 11 and lose below. Your profits or losses are determined by how much the actual outcome deviates from this spread. A bookmaker sets a ‘spread,’ which includes a ‘buy’ and a ‘sell’ price. Sports spread betting is a type of wagering where you bet on the variance of a specific outcome in a sports event rather than the outcome itself.
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