Guest article written by Paul Micelli
Traditional betting patterns have seen some significant changes in recent years and the rise in popularity of spread betting continues to see the conscientious sports betting enthusiast enjoy excellent profits. However, sports spread betting remains something of a mystery for the casual punter and the random collection of numbers will make very little sense to the uninitiated. In effect, the numbers usually reflect the buying and selling prices of an event spread and in terms of the way betting operates the system is very similar to the stock market.
The Advantages of Spread Betting
I remember, with a certain amount of bitterness, a football sections list I bet on sometime during the mid-1980’s in the early rounds of the FA Cup. For a nominal stake I was in a position to win something in the region of £28,000 with just a few seconds to go. Somewhat typically, non-league Bath City managed to snatch an equaliser against Bristol City in stoppage time and I was left with absolutely nothing for my efforts!
Would I have been happy to settle for 95% of my winnings before that fatal goal was scored? Of course I would! Spread betting actually gives the opportunity to withdraw from a wager while it is still in profit. Indeed, there are some who bet prior to the start of a match who walk away with handsome profits before the kick –off even takes place!
Because of the real time nature of sports spread betting, it is advisable to open an online account with one of the many internet spread betting companies. Although there are many different sites where an account can be obtained, preference should be given to market-leading companies such as Extrabet, Sporting Index or Spreadex. As with most online betting sites, there will usually be a matching bonus offer available once an account is actually approved.
Football Spread Betting
Football has been the most popular event for spread betting in the UK since bookmakers first went online during the 1990’s. Part of the reason for this is the massive number of betting opportunities available and the fact that bettors can wager on individual matches or long-term markets over the course of a full season.