Bookmark Website  | Free Registration  | The Team
The Lounge  | Champions  | The Wire |  Schedule |  Audio  |  Arcade  |  The Top Ten  |  Historical  |  Email  |  Video

A NO B.S. Explanation of Spread Betting For Newbies

Note: The goal of this article is to give you the basic idea and an overview of what index betting. It is not meant to be a comprehensive and detailed explanation of the game.

Index betting, otherwise referred as Spread Betting is a bet type, where you are rewarded by the degree, in which you are correct in selecting a winner of a sporting event. The amount you stand to either win or lose is not fixed, and therefore, with index betting, you never really know just how much money you will win (or lose), until after the event is over, or until you have 'closed out' your bet.

Now straight up, I must say, that this form of betting appeals only to certain types of punters, because this can be a volatile type of investment. If the game or match doesn't go as planned, you can be exposed to fairly hefty losses, because your downside can be, to an extent, unlimited. Anyone, who has traded options on the share market, should grasp this concept without too much trouble.

The concept is similar to that of the stock market, where if you like a team/player you 'buy', but if you think that the team/player will perform below market (or the bookmaker's) expectations, you would 'sell'.

Spread companies offer a number of different markets on the one game/match. In some cases, it is staggering as to the number of index markets that they offer on the one event. The more common of these are the total point markets (where you bet on the total of the outcome scores), match margin (predicting the winning margin), and the performance indices (examples would be betting the finishing position of a player in a golf tournament, or the finishing position of a driver in a Formula One race).

Best Explained With an Example.

A Rugby Union match between Australia and England. The total points market is 44 - 47. This means that if you fancy that the game will be a high scoring game, and that both teams will score more than 47, you buy at 47. If the end total for the game were 57 points, then you would be correct, and you win ten times your stake. In this example your stake is $10 per point, and $10 x 10 equals a profit of $100.

However, if the game total were only 37 points, you would be wrong to the tune of ten points, thus losing $100 (the difference between the buy price at 47 and the actual score).

The difference between the buy and sell prices is how the bookmaker makes his money.

Let's look at a cricket game between Australia and England.Australia is batting first, and the quote reads 220 - 230 for Australian runs. If you believe that Australia will make more than 230 runs, you buy. If you believe that Australia will make less than 220 runs, you sell.

Australia goes on to make 290 runs after a brilliant knock by Matthew Hayden. If you had bought Australian runs, you would be correct by 60 runs (290 - 230). You would collect 60 times your stake.

However, if Australia finds it difficult to score runs, and makes just 170, you will be wrong by 60 runs (230 - 170), thus losing 60 times your stake or $600 if you are using $10 as a unit.

Be aware, that the bookmaker naturally biases the spread in favour of the buy price. That is to say, we have an inherent built-in disadvantage betting the buy price, because of the way the bookmaker structures his spreads. He attempts to make the buy price less appealing, because of the disproportional number of punters who bet on buy prices.

There is much more demand for the buy price than for the sell. After all, the nature of a punter is to find a team or player who will perform well, as opposed to seeking teams/players who the punter believes will perform poorly. So keep this in mind, if you think that index betting is for you. You will find it much easier targeting the sell prices. Of course, this is not to say, that you can't find good bets buying, but just, that they are a little more difficult to find.

You may make a play at how many points a team will score over the regular season. For example, you believe that NZ Warriors are set for an ordinary year, so you sell at the spread of 31 - 33. This means, that you are betting, that the Warriors will score less than 31 points over the course of the season.

Starting off, it can be quite confusing getting your head around the concept. (I know, because it took me some time to understand fully and to grasp what was going on, and how I could make money from this type of betting.)

This article has been just a very short overview of spread betting. If you are interested in the concept, and would like further information, go to and we have links to firms that deal in exactly this.

Spread betting is certainly not for everyone, and if you are not 100% confident in understanding the spread betting market, then I would seriously suggest that you stay out of it, until you gain more knowledge. You certainly can make a lot of money from successful spread betting, but the opposite is also true, you can lose a lot of money, if it all goes pear shape.

Australians Matt Elliott and Jess Kirley of , have been investing together professionally on sports for over 3 years now. They take a very mathematical approach to their betting, and liken it more trading a commosity like stocks than actual gambling. They continue to lead the industry with innovative approaches to sports betting and their reputation among their peers is a testinmony to that. Visit to discover how you too can turn your hobby of betting into a profitable endeavour.


WMUR Manchester

WMUR poll: Granite Staters still support casino gambling
WMUR Manchester
Support for casino gambling dropped since October 2013, the last time the University of New Hampshire Survey Center polled the issue. At that time, 59 percent favored it while 33 percent expressed opposition. According to the survey center, support for ...

and more »


Risky Investments: Calculated Bet or Casino Gambling?
Oct. 6 -- We identify the shape of risk and reward in Asia's financial markets, look at the disruptive potential of geopolitical, counterparty and regulatory risk, and understand how best to mitigate risk in the Asia's high growth markets and sectors ...

Minister to focus on future of non-casino gambling (press release)
Minister to focus on future of non-casino gambling. Internal Affairs Minister Peter Dunne has announced a number of decisions affecting the gambling sector. Mr Dunne told the Hospitality NZ conference in Nelson today while he was increasing some ...

and more »

Finger Lakes Times

GUEST APPEARANCE: The curse of big-time casino gambling
Finger Lakes Times
Stokes is the founding director of the Women's Interfaith Institute of the Finger Lakes in Seneca Falls. Ads To Go In-Story. Posted: Sunday, October 4, 2015 2:00 pm. GUEST APPEARANCE: The curse of big-time casino gambling By ALLISON STOKES Finger ...

Omaha World-Herald

Group wants to legalize casino gambling at Nebraska horse racing tracks
Omaha World-Herald
The state law changes would set up a regulatory commission to cover casino gambling and to impose a tax of 20 percent on gross gambling revenue, of which 75 percent would go to the state and 25 percent to the “local government entities” where the ...
Nebraska: Group Pushing To Legalize Casino Gambling At RacetracksPaulick Report
Ho-Chunk, Inc looks to make Nebraska constitutional amendment regarding gamblingKTIV
A Petition Effort To Allow Casinos At Nebraska Race TracksKLIN

all 7 news articles »


Jeb Bush said Donald Trump wanted casino gambling in Florida, got told 'no'
Bush said of Trump, "When he asked Florida to have casino gambling, we said no." We didn't find that Trump directly petitioned the state for gambling, but there's a pile of evidence that Trump was pursuing a deal to operate casinos on Seminole land in ...
Republican debate fact check: Did Donald Trump want casino gambling in Florida?CBS News
A Trump lie: He tried to expand casino gambling in FloridaPolitico (blog)
Jeb and Trump Nearly Come to Blows in Debate Over Florida CasinosDaily Beast
SaintPetersBlog (blog) -WTSP 10 News
all 8,696 news articles »

Group Pushes For Casino Gambling In Nebraska
The group is proposing a tax rate of 20 percent on gaming revenue. Nebraska's constitution bans most games of chance, so there would also need to be a constitutional amendment for casino gambling. Earlier this year, a lawmaker in Nebraska was trying to ...


Legislative committee looks at casino gambling
Committee members will look at a measure that wants to use state taxes from casino gaming and wagering on horse racing as a way to supplement Georgia's HOPE scholarship and Pre-K programs. But, right now, casino gambling isn't legal in Georgia.

and more »

Brazil Looks At Legalizing Casino Gambling
Earlier this year, Brazil banned playing online poker on mobile devices in public areas, according to various media reports. It's not regulated in the country, but playing the games in the privacy of your own home is still OK. Though casino gambling is ...

and more »

How Jeb Bush blocked Trump's push for casino gambling in Florida
Jeb Bush said during last week's Republican presidential debate that Donald Trump wanted casino gambling in Florida. Donald Trump said “I did not.” “I promise, if I wanted it, I would have gotten it,” Trump told Bush during the exchange. Bush replied ...
Trump: 'I Never Called Jeb Bush And I Never Asked Him To Approve Casino Gambling'TPM
Trump: I Was 100 Percent Accurate on Jeb-Casino ExchangeBreitbart News
Jeb Springs Bribery Accusation on Trump, But Trump Scores on the Influence of
NBC 6 South Florida -Dispatch Times
all 192 news articles »

Google News


Section Site Map - Submit News - Feedback - Comments - Advertise with Us

Copyright LLC. All rights reserved.