Earn Money Through Spread Betting Firms With No Risks Involved At All
Spread-Betting is a different kind of betting, which involves a figure being set by a Bookmaker for an event, and if you choose to bet you can go higher than lower. If you think the figure they have stated will be correct then you don’t bet.
This kind of bet is offered by specialist financial companies, so you can’t make a spread bet at a normal Bookmaker. This is because there is a lot more risk involved in spread betting. Potentially you can stand to lose a lot of money from spread betting, as there is no limit to the amount you can lose. Probably the most common market spread betting is used for is the total goals scored market in football. Here they would set their predicted amount of goals, and you could buy (meaning you think there will be more goals scored than the figure stated), or you could sell (meaning you think there will be less goals scored than the figure stated).
The spread-betting firm could set a figure of 3 for the amount of goals scored. You could have a £20 bet that there will actually be more goals scored than this, so you would buy a stake of £20.
Then if say 6 goals were scored in the match, you would win £60. This is worked out by finding the difference between the predicted amount (3) and the actual amount (6) which equals 3. Then you multiply this difference by your original stake, so 3 x £20 = £60.
The spread-betting firm could set a figure of 10 for the total corners throughout a football match. You could have a £20 bet that there will be fewer than 10 corners in the match, so you would sell a stake of £20.
At the end of the match the actual amount of corners awarded was 18. You would have then lost £200 from your bet. The difference between the predicted amount (10) and the actual amount (18) which equals 8. This figure multiplied by your stake, £20, equals £200.
This is why spread-betting has such a dangerous reputation, as potentially there is a very high risk of losing a lot more than your original stake. If things go against you like they did above, your losings will inevitably spiral out of your control. This is why spread-betting is run by the specialist financial firms and not just ordinary Bookmakers, because of the risks involved. Usually before joining one of these spread-betting companies from their website, you will be subjected to a credit rating check. This is to ensure you are financially safe and able to become involved in spread betting, and therefore must have a reasonably clean credit rating.
Total Goals Explained:
As briefly mentioned before, the most popular market for spread betting is the total goals market in football. This is probably because it is the most exciting part of a football match, the amount of goals which are scored, and is the most important (no one is really that bothered about the total corners in the match), its far easier and more fun to predict the total goals in a match.
In my opinion the most confusing part of the total goals market is the figure which is set by the spread betting firm. Usually it is quoted as “2.4 – 2.7 goals.” When I first saw this I was wondering how can there be .4 of a goal. Later on I realised that this is only to eliminate the possibility of their being an between-value. For example, if there were 3 goals quoted for a match, and you could only go higher and buy a stake, or go lower and sell a stake, what would happen if exactly 3 goals were scored? This wouldn’t really be fair, as both sides of the bet will be eliminated.