Spread Betting Explained
So, what is spread betting? From our experience, spread betting represents one of the most complicated strategies available today. It is not very hard to understand it as a rookie in online sports betting. There are many pros and cons for this method of course, and we will do our best to explain as many things as possible in this guide. This method is extremely volatile, which means potential profits could be huge. The same goes for losses though. This is why it is of extreme importance to understand every aspect of it before investing real money.
The most popular form of spread betting is tied to financials. It is very popular in this niche, as it allows easy access to predict the movement of financial markets. Variables for this strategy in this particular field are very high, meaning a player can lose hundreds of unites in a matter of one minute. It is important to mention there are risks involved in this betting method.
Standard vs Spread Betting
The best way to compare standard and sports spread betting is that a player is wagering on market movements rather than on the actual event. Standard bets are usually tied to end game result, while the situation with spread is completely different. A bookie usually offers, let’s say an x number of points for Crystal Palace in the Premier League. A player is predicting if Palace is going to have under or over points, specifying the correct number. The more money you win the more accurate your prediction is. The same goes for losses. Profits will be massive if you won the Over option and let’s say 85 points.
There are numerous ways to cover the losses though. The most popular one is called “stop-loss”. It automatically cancels the bet at some point (player is setting parameters) if things go south. This also reduces potential winnings though, so it depends on your betting style.
Spread Betting Strategies
There are no many strategies available for spread betting in comparison to other types and systems. We do have a couple of friendly advice you can follow and make the whole process easier. One of the handiest things is to close out bets in-play for many spread betting markets. This heavily depends on events happening during a particular match.
We always love to choose an even stake. Never go with amounts you can’t afford to lose. Keep in mind there are ways to lose a lot of money in a matter of minutes. Playing safe is something we always recommend to new online players. Winning small chunks of profit and building betting bankroll always feels nice and rewarding. Experienced players also know when to stop chasing another bet that ended badly. Walking away after losing a couple of wagers could be harder than you think. Understand the markets and rules before wagering. Being focused also increases chances for players to win cash in the long term. Excluding the emotions is a good but not an easy thing to do.
What does sp mean in betting?
- What does SP stand for in sports betting?
It refers to starting price, a very common term in horse racing betting. It displays the price on each runner to win the race before the start.
SP or Starting Price is a very common term in horse racing. It simply shows the price on each horse to win the race before the start. This is the price you will get in case the bet lands. If there is an in-play betting available during the race, SP rate is going to be the last available odds for your selection.
What does each way mean in betting?
Each way bets consist of two separate bets. The first one is on a horse to win the race. The second one is a horse to place in the top three positions. This means your selection doesn’t necessarily need to win the event. It could be enough to be 2nd or 3rd. There are a couple of things you need to be aware of before making the each-way bet. A player needs to understand the betting odds for this market, the number of places and each way fraction.
There are numerous guides available online on how to calculate the winnings for each way bets. This market is particularly popular among the players who love to place safe bets and have a better chance of winning. The odds on each-way bet could be really good if there is an event with no clear favorite. It’s a lower risk option, but of course, the profits are not that high as well. Stake on these bets is usually doubled. Golf and horse racing are the most common sports to place each-way bets.
What is handicap betting?
One of the two teams is given an advantage before the event even started. Players are able to choose from numerous handicap lines if they feel one team is going to demolish the other, or if the underdog is too underestimated.
Handicap betting is an option offered by every single bookmaker from our list above. It can make some one-sided games very interesting, but also appear confusing for the newcomers in a world of sports betting. Basically, it is an alternative method to bet on certain sports. Let’s say Roger Federer is playing against an unknown player with the standard money line odds on Swiss legend being 1.01. There is no fun placing bets on such rate. However, if we back Federer to win the match in -2.5 Handicap in sets, this means he has to win 3:0 or our bet is lost.
Obviously, the odds for this bet are going to be higher than standard ones. We can use several other examples of sports like football, basketball, handball, cricket, etc. Basically, handicap provides one team with either advantage or disadvantage before the match even started. We always had fun backing an underdog in NBA clash with big handicap line like +18. This means we are going to win the bet even though our squad loses with 17 points difference or less.