Spread Betting Explained. Useful Things for You to Know

Thousands of people across the whole world are completely sure that betting is just placing wagers on a team or player to either win or lose, and there are no possibilities to make this process more interesting and exciting. Fortunately, this approach is false, and the betting industry provides gamblers with a lot of opportunities to earn benefits and enjoy the betting process itself. Being a relatively new betting variation, spread betting is one of such opportunities. Its general principle lies in the fact that a bettor needs to accurately predicts the outcome of an event, rather than to select a winner or loser. With this, the amount of winnings depends on how accurate the prediction was.

Bettors can place spread wagers either online or offline. There are no significant differences between these two types except for the more convenient way of betting implied by online technologies. As a result of this, spread betting has become an extremely popular gambling market over previous years. To prove it, it is estimated that more than 1 million spread wagers are placed per year both by professional and beginner gamblers, which can be explained by the fact that this betting variation promises limitless profits.

The thought mentioned above was not an exaggeration. It is true that spread betting provides gamblers with really limitless potential to earn benefits. Apart from traditional fixed odds gambling, spread betting is not tied by any limitations concerning wins or losses. This is what exactly attracts professional punters here.

However, spread betting seems to be rather complex because of this. As for this fact, numerous studies state that only every fifth gambler manages to benefit from spread betting. In order to be that fifth one, it is extremely important to understand your betting market perfectly. Here, every gambler should understand that spread betting is not limited to sport only because its main principle is represented by differences in final outcomes. In fact, you may place an appropriate wager on everything you know. Here, you can deal with any kind of sport, stock markets, oil prices, election outcomes, and others. With this in mind, spread betting makes it even more important to specialize because the more you know, the better chances you have to earn some winnings. If you have this knowledge, spread betting is not complex for you.

Spread Betting Example

In order to completely understand how spread betting works, it is reasonable to consider an actual example. Let us imagine that a tennis match on the grass between Agassi and Federer is going to happen. With this, you know that the matches between the opponents on ground last approximately 47 minutes. Here, you can notice that the change of surface to grass can increase the match time up to 5 minutes. Having analyzed everything, you can place a $10 spread wager on the match to last 52 minutes, while a bookmaker sets the figure of 50 minutes only. So, if the match actually runs 54 minutes, you will obtain $40 ($10 for each extra minute). However, if it takes only 45 minutes for the match to be decided, you will have to pay $50 to a bookmaker.

Conclusion

So, you have seen that spread betting is not so complex as it appears to be. As a result, it is equally easy to win and to lose here. That is why every gambler should consider spread betting seriously in order to not lose everything he has.