Spread betting has become a surprisingly popular type of betting for both new and long-time sports betting lovers and offers a slightly different experience to the usual forms of betting that most people are familiar with. However, like all betting styles, it is not something you can just rush into.
While spread betting is incredibly popular and easily accessible through countless betting exchanges and bookmakers, it is important to understand how it works. This quick breakdown will explain exactly what spread betting is, how it works, and what you should expect from it.
What is Spread Betting for Sports Betting?
In normal betting, you are betting on a specific outcome under fixed odds. For example, this might mean a 3-1 bet on a certain football team winning a specific game. The bet is very rigid and based on a binary outcome, where your bet is either correct or incorrect.
Spread betting focuses more on the markets surrounding the bets themselves and often involves using ranges rather than specific points. This means that it is possible to earn better rewards for being more accurate, allowing for some extra variety in how the bets work.
In simple terms, your winnings are determined by the accuracy of your wager rather than just being a win or a loss.
Why is Spread Betting Popular?
Spread betting allows you to earn more for being correct, rewarding knowledge and research more than a fixed odds bet would. This makes it slightly more skill-focused since you need to put in extra effort to maximize the rewards that you are getting.
Spread betting is also very widespread and easy to find through online betting sites. Some events will even allow spread betting to be used in play, meaning that you are not limited to betting before the event itself starts.
Another major benefit of spread betting is how long-term it can be. Players can bet on overall events, like entire tournaments, rather than individual races (for example, betting on winning distances instead of individual horse or jockey wins).
Is Spread Betting Always Better?
Like any kind of betting, spread betting always has downsides. Some spread betting markets are more volatile, meaning that it can be riskier for unprepared users to place bets there, and you often have to think harder about your individual stakes if you are placing multiple bets.
However, as long as you have a decent understanding of betting as a whole, spread betting can be a great option. While brand new users might need some time to learn how it all works, careful planning and a good knowledge of your chosen betting markets can lead to huge payoffs if you are accurate.
If you have an interest in trying spread betting for yourself, there are hundreds of sports spread betting sites available for you to explore. Every small detail can make a difference, especially as a brand-new customer, so don’t hesitate to compare different sites until you can find one that suits your needs and preferences well.