Is Spread Betting Profitable?
9 Feb
A lot of new bettors are mostly placing fixed-odds bets. There is no doubt that fixed-odds bets are highly profitable and are perfect for new bettors, especially because they are very easy to understand and pretty straightforward. However, if you are relatively new to sports betting, you can actually make a lot of money from other available betting opportunities. One of the most profitable one would have to be spread bets.
There is no doubt that spread betting is highly profitable. The amount of money you can win from the bet is determined by the accuracy of your calculation; the more spread you get, the higher winnings you can claim as well. Spread betting is available for different aspects of a sporting event, from a simple final score to the number of corner kicks or yellow cards.
For example, you bet on a match between Arsenal vs. Chelsea. The spread for the number of corner kicks made by Arsenal is 11-8, and you place an Over bet — in betting term, you buy — with £10 wager. You can actually win £10 for every corner kick after the 11th. If at the end of the match Arsenal gets 17 corner kicks, then you will gain (17-11)*£10=£60.
Keep in mind that you can also sell, or place Under bet, depending on your calculation. If you are sure that Arsenal will not get more than 7 corner kicks and place £10 bet before finding out that Arsenal gets 4 corner kicks throughout the match, then you stand a chance of winning (8-4)*£10=£40.