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Unlike fixed odds betting, spread betting allows you to bet either way in a wide variety of sporting events, as every spread betting price is a two way quote. The tax is absorbed within the spread so there are no tax deductions to pay. You can take a profit, cut a loss or open new bets during many live events whilst play is actually in progress. The more right you are the more you win (the converse is, of course, true).
Here is an example from U.K. Premiership football.
Arsenal/Liverpool 0.3 - 0.6
With the above goal superiority quote the client has the option of buying Arsenal at 0.6 or selling Arsenal at 0.3.
Therefore, either:
a) Buy Arsenal for £1000 @ 0.6
Theoretical result, Arsenal win 2-0
Client wins 2 - 0.6 = 1.4 x £1000 = £1400
or
b) Sell Arsenal for £500 @ 0.3
Theoretical results, Arsenal win 1-0
Client loses - 1 + 0.3 = - 0.7 x £500 = - £350
A popular medium for spread betting is live televised soccer. Many markets are available, including :
Superiority - goal difference between the teams
Total Goals
Corners
Multi - Corners (1st half x 2nd Half Corners)
Time of First Goal
Bookings - Using a scoring system of 25 for a red card and 10 for a yellow
Shirt Numbers - Aggregate shirt numbers of the goal scorers in a match
Total Goal Minutes - The aggregate total goal times in a match
Time of first corner
Leading minutes for each team
Hotshots - Points are allocated for selected players or score
Spread Betting is available on a wide variety and ever increasing number of sports.
Spread bets carry a high level of risk to your capital. Only speculate with the amount of money you can afford to lose. Spread betting may not be suitable for all investors. Therefore, ensure you fully understand the risks involved and seek advice if necessary.
All you need now is a little bit of luck and I'll be seeing you on millionaires row...
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