Spread betting is a betting variant, which offers much bigger emotions and better opportunities for profit from the so-called fixed odds. The difference is in the way that the profit or loss is calculated. Above all, it is important to make a very important clarification. This betting area is reserved for those punters who really know what they do. In spread betting the possibilities of enormous loss of money are big enough, so if you don’t have the needed experience or don’t have big cash it is better not to try with it.
How does spread betting work? They differ from fixed odds in that the final profit or loss is not clear until the last minute of the match. It will be easier to explain it with an example.
Let’s say you have a basketball game in which you decide to bet on over or under total scored points. Let us take for example a match between Miami and Los Angeles Lakers from NBA. The under/over total scored points limit given by the bookmaker is 190 points and you decide if you are going to play for an over.
If this match ended with 200 total points scored, your will have profit, but if the match ended with 220 total scored points from the two teams you will have even bigger profit. The same thing would be applied if the game ended with 180 total points scored. Then your loss will be much smaller than if the Lakers and Miami scored just 160 points. I do not want to think what would happen if this game proves to be with the fewest scored points in NBA history. Then the losses will be enormous.
So, let’s say it again. This way of betting is only for people who know what they do and how to do it. If you try the spread betting and find a match, which completely differs from your prediction and this happens too often, then you risk losing large amounts. Just for example, this cannot happen in fixed odds betting where it is clear how much money you risk for every bet.
If you are lazy enough to read, then watch the video below. It is great explanation on how spread betting works.
We all know that betting exchanges offer excellent possibilities for their clients. Often we can find better odds in the exchanges rather than the bookmakers. The other advantage is the very fact that when we bet there we play against the other players, not against a betting house. This gives us better chances for winning. There is more good news. Recently, the biggest betting exchange Betfair has released a very interesting service for playing live that really offers great opportunities for punters.
The service is called guaranteed profit or something like that. With it the punter may at any point of the game withdraw his bet to the instantaneous rate. This way you can take profits earlier or reduce losses.
Here is an example of how this service works. Let’s say you would bet live on the match of the English Premier League between Everton and Newcastle. Your bet is made at the score of 0-0 and you bet that Newcastle will win. The odds for your prediction are 2.5. Shortly afterwards Newcastle makes a goal and take the lead. Naturally the odds for their victory fall.
From now on you at any moment can cash this profit out. It would be calculated with the difference between the betting odds at the time of your bet and the instantaneous rate multiplied by your stake. By doing this you avoid the risk that Everton will make a late goal to equalize by which you will lose all your money.
How does the service work for limiting your losses? Consider the same game for example. The difference is that after we bet for Newcastle, Everton are those who will score and make the result. Naturally, the coefficient for Everton’s victory would fall immediately and the odds for the victory of Newcastle would rise. If at this moment we don’t believe that Newcastle are able to win, we can immediately pull out the bet we have made before. By doing this we will limit the losses. To do this we will again make the same calculations. The odds for Newcastle at the time of the bet are recalculated based on the instantaneous rate and multiplied by the stake to calculate the exact loss. This option can be big savings from losing bets.
This is a really great option for all punters to manage more accurately their bets.
Betting on Betfair is a bit different than the other bookmakers. So, on the video below you will find some explanation on how to bet there
Brazil and Mexico will decide who will be the new Olympic champion in football for men. Both teams come this Saturday night to Wembley Stadium in London to determine the fate of the gold medals. While for Brazil it is quite normal to be at this stage, for Mexico it is a great achievement to qualify for the finals.
Brazil without doubts is the ultimate favorite to win the gold medals at the outset of the tournament. The team collected excellent players like Neymar and Hulk and they have shown the best of themselves so far. Significantly, in each of the five matches they’ve played so far in the tournament they’ve managed to score three goals – 15 in total.
At the beginning of the tournament Brazil’s defense was pretty shaken or more precisely said disconcerting. They got goals from everywhere and from everyone. However, when the real matches started it was easy to be seen that they can do better. In the semifinal against South Korea Brazil’s defenders acted confidently and were quite concentrated. As a result they didn’t allow a goal in their net. Of course, when the defense is OK, everything is OK for Brazil and with the guaranteed three goals they won by 3-0.
What can Mexico offer for the big favorite of the tournament? The Mexicans also play great football these days. They haven’t had a loss in the tournament yet. They are distinguished by a great game in defense, having not conceded a goal in the preliminary group. They also showed great team spirit. They managed to prevail over Senegal in overtime and take Japan from 0-1 to 3-1 in their favor.
Is this enough for the gold for Mexico? I don’t think so, since the individual class of the Brazilians is much higher. They can score a goal from nowhere and this is extremely important for a final match. So I’ll bet on Brazil to win the match, with Asian Handicap of -1. The coefficient for this prediction is 2.
Here is the video of a match of the Mexico in previous rounds