A NO B.S. Explanation of Spread Betting For Newbies
Note: The goal of this article is to give you the basic idea and an overview of what index betting. It is not meant to be a comprehensive and detailed explanation of the game.
Index betting, otherwise referred as Spread Betting is a bet type, where you are rewarded by the degree, in which you are correct in selecting a winner of a sporting event. The amount you stand to either win or lose is not fixed, and therefore, with index betting, you never really know just how much money you will win (or lose), until after the event is over, or until you have 'closed out' your bet.
Now straight up, I must say, that this form of betting appeals only to certain types of punters, because this can be a volatile type of investment. If the game or match doesn't go as planned, you can be exposed to fairly hefty losses, because your downside can be, to an extent, unlimited. Anyone, who has traded options on the share market, should grasp this concept without too much trouble.
The concept is similar to that of the stock market, where if you like a team/player you 'buy', but if you think that the team/player will perform below market (or the bookmaker's) expectations, you would 'sell'.
Spread companies offer a number of different markets on the one game/match. In some cases, it is staggering as to the number of index markets that they offer on the one event. The more common of these are the total point markets (where you bet on the total of the outcome scores), match margin (predicting the winning margin), and the performance indices (examples would be betting the finishing position of a player in a golf tournament, or the finishing position of a driver in a Formula One race).
Best Explained With an Example.
A Rugby Union match between Australia and England. The total points market is 44 - 47. This means that if you fancy that the game will be a high scoring game, and that both teams will score more than 47, you buy at 47. If the end total for the game were 57 points, then you would be correct, and you win ten times your stake. In this example your stake is $10 per point, and $10 x 10 equals a profit of $100.
However, if the game total were only 37 points, you would be wrong to the tune of ten points, thus losing $100 (the difference between the buy price at 47 and the actual score).
The difference between the buy and sell prices is how the bookmaker makes his money.
Let's look at a cricket game between Australia and England. Australia is batting first, and the quote reads 220 - 230 for Australian runs. If you believe that Australia will make more than 230 runs, you buy. If you believe that Australia will make less than 220 runs, you sell.
Australia goes on to make 290 runs after a brilliant knock by Matthew Hayden. If you had bought Australian runs, you would be correct by 60 runs (290 - 230). You would collect 60 times your stake.
However, if Australia finds it difficult to score runs, and makes just 170, you will be wrong by 60 runs (230 - 170), thus losing 60 times your stake or $600 if you are using $10 as a unit.
Be aware, that the bookmaker naturally biases the spread in favour of the buy price. That is to say, we have an inherent built-in disadvantage betting the buy price, because of the way the bookmaker structures his spreads. He attempts to make the buy price less appealing, because of the disproportional number of punters who bet on buy prices.
There is much more demand for the buy price than for the sell. After all, the nature of a punter is to find a team or player who will perform well, as opposed to seeking teams/players who the punter believes will perform poorly. So keep this in mind, if you think that index betting is for you. You will find it much easier targeting the sell prices. Of course, this is not to say, that you can't find good bets buying, but just, that they are a little more difficult to find.
You may make a play at how many points a team will score over the regular season. For example, you believe that NZ Warriors are set for an ordinary year, so you sell at the spread of 31 - 33. This means, that you are betting, that the Warriors will score less than 31 points over the course of the season.
Starting off, it can be quite confusing getting your head around the concept. (I know, because it took me some time to understand fully and to grasp what was going on, and how I could make money from this type of betting.)
This article has been just a very short overview of spread betting. If you are interested in the concept, and would like further information, go to www.puntingace.com and we have links to firms that deal in exactly this.
Spread betting is certainly not for everyone, and if you are not 100% confident in understanding the spread betting market, then I would seriously suggest that you stay out of it, until you gain more knowledge. You certainly can make a lot of money from successful spread betting, but the opposite is also true, you can lose a lot of money, if it all goes pear shape.
Australians Matt Elliott and Jess Kirley of http://www.puntingace.com , have been investing together professionally on sports for over 3 years now. They take a very mathematical approach to their betting, and liken it more trading a commosity like stocks than actual gambling. They continue to lead the industry with innovative approaches to sports betting and their reputation among their peers is a testinmony to that. Visit http://www.puntingace.com to discover how you too can turn your hobby of betting into a profitable endeavour.
 Google News Updated : Sun, 12 Oct 2008 17:51:10 GMT Stem cell promises, obstacles remain four years after bill's approval - San Jose Mercury News San Jose Mercury News - EDITOR'S NOTE: This is first of a two-part series examining the progress and potential pitfalls in California's $3 billion stem cell research program. Researchers find easier way to make stem cells New method generates stem cells safely from mice Publ.Date : Sun, 12 Oct 2008 16:34:39 GMT Spotlight on Apple notebooks: 1989 to 2008 - CNNMoney.com
CNNMoney.com - On Tuesday, Oct. 14, Apple will unveil the latest addition to a long line of portable computers that dates back nearly 20 years - to the ungainly, 15.8-pound “Macintosh Portable” that PC World named the 17th worst technology product of all time. This week in Apple: New notebooks, new writers, and more Woz Don't Buy A Mac Laptop* Publ.Date : Sun, 12 Oct 2008 15:23:15 GMT US-POLITICS Summary - Washington Post
Washington Post - WASHINGTON (Reuters) - Democrat Barack Obama has opened a 6-point lead over Republican rival John McCain in the US presidential race, according to a Reuters/C-SPAN/Zogby poll released on Sunday. John McCain and Sarah Palin try new tactics Pittsburgh Paper Picks Obama, Pans on McCain/Palin Ticket Publ.Date : Sun, 12 Oct 2008 15:22:18 GMT "Chihuahua" bites Crowe, DiCaprio at box office - Reuters Reuters - LOS ANGELES (Reuters) - The new terrorism thriller "Body of Lies" failed to take the top spot at the weekend box office in North America on Sunday, becoming the latest victim of moviegoer aversion to movies dealing with Middle East intrigue. 'Chihuahua' still has bite in second weekend at box office ‘Body’ Talk, Baby Talk Publ.Date : Sun, 12 Oct 2008 16:19:10 GMT Obama Gains in States Such as Iowa, Florida Give National Boost - Bloomberg
Bloomberg - By James Rowley and Kristin Jensen Oct. 12 (Bloomberg) -- Democratic presidential candidate Barack Obama is moving ahead in a series of new polls from Florida to Iowa, gains that are helping him maintain a national lead over Republican John McCain. Video: Kids Vote On Campaign '08 Newsday poll: Obama has double-digit lead on Long Island Publ.Date : Sun, 12 Oct 2008 15:51:54 GMT Texas new No. 1 in coaches poll after wild college football weekend - USA Today
USA Today - By Eddie Timanus, USA TODAY The date won't quite live in infamy, but college football followers should remember Oct. 11, 2008, for a long time. Kansas fails to move up in polls Texas grabs top ranking in AP Poll Publ.Date : Sun, 12 Oct 2008 17:18:35 GMT Lisa Marie Presley delivers twins: report - Reuters
Reuters - LOS ANGELES (Reuters) - Lisa Marie Presley, Elvis Presley's only child, gave birth to twin baby girls on October 7, celebrity news TV show "Entertainment Tonight" said on its website on Saturday. Twin girls for Lisa Marie Presley Lisa Marie Presley Welcomes Twin Girls Publ.Date : Sat, 11 Oct 2008 17:17:01 GMT Web Site Traffic |
PARLOT::Ebooks, Scripts,
Websites, and more... There are many ways to bet on a football match.... Read More The origins of the phrase "poker nuts" are uncertain although... Read More Underdog or favorite? It's a choice we make everyday throughout... Read More Whether your new to the slots or a seasoned player... Read More I wished to create a website to advertise Online Gambling... Read More Gambling is considered a game of luck and chance. As... Read More The first and most important step is to take notes.... Read More Roulette System: Confession of the Roulette Dealer on Dealer's signatureThis... Read More There has been an enormous growth in poker websites in... Read More As the game of Poker is scaling new heights, casinos... Read More Is your lack of confidence hurting your poker profits in... Read More I have been gambling in Wisconsin since I was 16... Read More A trip that will always be remembered is the one... Read More It seems you can't turn on the TV without seeing... Read More Apart from being originated from Middle Ages and being one... Read More Are You Using These? Are They Being Used Against You?Let's... Read More In college they have trends and in the pros they... Read More Online gambling is hot. In fact there are websites popping... Read More From the drama TILT made by ESPN to the deal... Read More Casinos have always been a destination for the wealthy and... Read More Please correct me if I am wrong but aren't Las... Read More Exercise, intellectual stimulation, surgery, meditation or detox ? you name... Read More The type of game and the stakes you are going... Read More Little old ladies in slippers, playing for pennies and cents... Read More Its really not that big of a stretch of the... Read More
Adsense
websites
Getting the Best Odds on Soccer Betting Markets
Be Careful or Your Poker Nuts Will Get Crushed!
Why Underdogs are the Smart Bet in Soccer Betting
Slots And The Basics Of The Game
Is Advertising Online Gambling Illegal in the State of Washington?
Gambling Myths: What You Absolutely Need to Know
How to Profit at Online Poker Over the Long Run
Roulette System: Confession of the Roulette Dealer on Dealers Signature
5 Tips for Finding the Best Poker Websites
Poker Tournaments for Beginners
Think Big and Give Your Poker Profits a Boost
Wisconsin Casinos, The Top Three
A Trip To Vegas
Would You Bet on Your Brand? - Three Strategies for Winning at Brand Poker
Baccarat Basics
Texas Holdem Poker Tournament Strategy - Online Poker Tells
College Football Betting - Trends and Rivalry Games
Online Gambling
The Adventure for Poker Gold
American Gambling Basics
Viva Las Vegas Buffets
Stay Young- Play Bingo!
Playing Live Casino Poker for the First Time - What You Should Know!
The Bingo Renaissance
Why Gamble on Sports?
Affordable and Reliable Web Hosting Starting at $4.49/Month
Expected Value in Texas Holdem Poker
A successful Texas hold em player is one who maximizes... Read More
Free Online Card Games -- Getting Ready for Las Vegas
Free online card games that can be played over the... Read More
The Secret of Grinding Out a Profit
Pssst...Wanna know a secret?How about the secrets of grinding out... Read More
What To Do With Your Winnings So You Dont Go Broke
It's been proven time and time again that the majority... Read More
Buying A Thoroughbred: Is It For You?
Buying a thoroughbred can transform a man. Horseracing is the... Read More
The Bingo Renaissance
Little old ladies in slippers, playing for pennies and cents... Read More
Protect Yourself by Understanding Casino Bonuses
The majority of casinos attract new business by offering players... Read More
Roulette System: Confession of the Roulette Dealer on Dealers Signature
Roulette System: Confession of the Roulette Dealer on Dealer's signatureThis... Read More
Asian Handicaps Explained
The most common way to bet on football in the... Read More
4 Tips to Improve Your Online Poker Game
Online Poker has increased in popularity exponentially over the past... Read More
Why Underdogs are the Smart Bet in Soccer Betting
Underdog or favorite? It's a choice we make everyday throughout... Read More
Roulette System: Discover Why You always Fail At Roulette Game
Online Roulette System: Discover Why You always Fail At Roulette... Read More
How to Succeed in the Poker Freerolls Part 1
Online poker freerolls are a unique breed amongst poker tournaments... Read More
The Secrets of the Big Numbers
Pssst...! Wanna know a secret?How about the secrets of the... Read More
2005 AFC North Football Preview
In the AFC North I expect to see the Pittsburgh... Read More
The Secrets of the Outside Numbers
Pssst...! Wanna know a secret?How about the secrets of the... Read More
The Rise Of Online Poker And Why This Could Spell Disaster For The Inexperienced Gambler
The growth in online poker has been phenomenal over the... Read More
The New Face of Poker - Internet Poker
There are several online poker rooms that offer Poker games... Read More
How to Beat Roulette with A Simple 3 Point System
Many players try to beat roulette by buying a "sure... Read More
A Trip To Vegas
A trip that will always be remembered is the one... Read More
Fancy Winning A Million Pound Jackpot?
Slot machines have become over the last hundred years, one... Read More
Handicapping the NFL Pre-season
It never ceases to amaze me just how many sports... Read More
The Secrets of the Fives and Nines
Pssst...! Wanna know a secret?How about the secret of the... Read More
A Game For All Seasons
An overall review of online casino software has led me... Read More
Gambling in Monte Carlo
Along the French Riviera, the Principality of Monaco Houses the... Read More
Casino & Gambling |