WHAT IS SPREAD BETTING?
Spread betting is a type of bet where the pay-out or loss depends on the accuracy of the wager, rather than the traditional type of bet where you either win or lose. An example of a type of bet would be spread betting on the points in a basketball game in the NBA. If you believe there would be more than 200 points in the match, you can ‘buy’ a spread of points that includes the 200 points, in this case, it may be 200-205. Your level of payout or loss is then calculated on how far over or under the final total of points is, and whether you have bought or sold the particular spread.
For each range of spread that the total either goes over or under by, the amount that is won or lost will be increased by a multiple of your stake. So if you buy €10 in the range that you believe it will be, for every range of the spread it goes over by, you win €10. Conversely, if it were to finish under the range you have bought at, you would lose €10 per range.
BEST SPREAD BETTING BROKERS
Spread betting on sports is available across many leading bookmakers, but the best place to go is a tailored spread betting broker that offers platforms such as Probet42. With over 20 sports, including football, tennis, and basketball, you can place your bets with some of the best odds available on the market.
WHAT SPORTS CAN YOU USE SPREAD BETTING ON EDGE?
There is a vast selection of spread betting sports, here are a few of the most popular:
- Football betting has many opportunities in which to place a spread bet. You can buy/sell goals, cards, and corners to name a few.
- Tennis is another popular sport to use spread bet. This often centers around the number of points in a set or match. Due to the greater frequency of points compared to a sport like football, this can make for intriguing spread betting opportunities.
- Similarly to tennis, basketball is a popular sport in which to bet on the spread. The range of points from one basketball game to the next can be vast, so it can be a lucrative sport for spread betting strategies.
HOW TO USE SPREAD BETTING ON MADMARKET
MadMarket’s very own sportsbook white-label alternative to Pinnacle, Probet42, has a wide range of markets across numerous sports, in which spread betting is an option. Spread betting in football and basketball is among the most popular, due to the depth of markets that are offered across these sports. It is also worth checking the MadMarket Mystic Mac tipster on our Telegram channel for the latest tips. You can then make a more informed spread bet.
MARKETS AND SPREAD BETTING
Spread betting brokers can seem complicated at first, but using the sports trading platform Edge can simplify this process. By using Edge, you can check odds across both bookmakers and exchanges to see where you can find the best value. This gives you a wide range of sports and markets that spread betting can be used on.
So whether that’s football, basketball, or a sport you want to check for spread betting opportunities, you will find this on Edge.
CONCLUSION
Spread betting is a widely used form of betting, that has the potential for lucrative returns. This makes opportunities utilizing this type of bet stand out and popular with so many. A spread betting calculator can be a great tool to help with your bets as it can show what you will stand to win or lose based on certain outcomes.
