{"id":26000,"date":"2023-05-12T13:42:43","date_gmt":"2023-05-12T13:42:43","guid":{"rendered":"https:\/\/bettingsites.co.uk\/?page_id=26000"},"modified":"2024-04-25T14:10:49","modified_gmt":"2024-04-25T14:10:49","slug":"sports-spread-betting","status":"publish","type":"page","link":"https:\/\/bettingsites.co.uk\/what-is-sports-spread-betting\/","title":{"rendered":"What is Sports Spread Betting: A Beginner’s Guide for UK Bettors"},"content":{"rendered":"

Sports spread betting is increasing in popularity in the UK. You may then ask what is sports spread betting? How does it differ from fixed odds betting? Is it another name for exchange betting? Is it the same as spread betting in the US?<\/p>\n

All these questions, we will attempt to answer with the following, ‘no stone left unturned’ guide to sports spread betting UK style.<\/p>\n

What is Sports Spread Betting and How Does it Work in the UK?<\/h2>\n

One important aspect of sports spread betting in the UK we need to get out of the way is it is\u00a0not\u00a0<\/strong>the same as spread betting in the US. Spread betting in the US is a kind of handicap betting where teams are given an artificial handicap in order to level the playing field a little. You have to ‘beat the spread’ in order to win.<\/p>\n

Spread betting in the UK is\u00a0not\u00a0<\/strong>handicap betting. Spread betting in the UK is derived from the kind of spread betting speculators undertake on financial markets. Each event (or outcome) will have a ‘sell’ and ‘buy’ range. If you think the outcome will happen, then you\u00a0buy<\/strong>. If you think the outcome will not happen, then you\u00a0sell<\/strong>. You are then rewarded or punished depending on your choices and the results.<\/p>\n

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Buy Example<\/h3>\n

Let’s say Leeds United are playing West Ham in the EPL. Both teams are struggling to keep the ball out of the net at the moment, so the price range for ‘goals scored’ is 2.8 to 3. You actually think there will be more goals scored than 3 (the buy price), so you ‘buy \u00a310 at 3’.<\/p>\n

Now let’s say Leeds and West Ham go mad and it ends up a 4-4 draw, meaning that eight goals are scored. As you bought at 3, the actual price (so you are now ‘selling’ what you bought) is 8, as there were eight goals. Your profit is therefore 5. As you bought at \u00a310, your total profit is five times that, so you get \u00a350.<\/p>\n

On the other hand, lets say both defences were on top and the game petered out into a 0-0 draw. You bought at 3, but your actual price was 0, as no goals were scored. Now when it comes to selling, you have made a \u00a330 loss. You are therefore liable to the spread betting on sports bookie for \u00a330.<\/div><\/div>\n

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Sell Example<\/h3>\n

Let’s now look at it the other way. You think that Leeds v West Ham will have less than 2.8 goals, which is the sell price. You therefore ‘sell \u00a310 at 2.8’.<\/p>\n

If the goal ends goalless, then the actual price is 0. As you sold at 2.8, you now buy at zero, making a \u00a328 profit (2.8 multiplied by \u00a310). If the goal ends up with eight goals, then the actual price is 8. As you sold at 2.8, you now buy at 8, making a \u00a352 loss (8 – 2.8 multiplied by \u00a310). You are liable for \u00a352.<\/p>\n<\/div><\/div>\n

Spread Betting in a Nutshell<\/h3>\n

If you are struggling to get your head around this, simply remember this:<\/p>\n

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