Spread Betting Sites
Spread betting is a kind of betting where the bet is made on the difference in the total points scored by each competing team in a competition with the addition or subtraction of the number of points predicted by the site accepting the wager. Should you pick the team likely to lose and they do lose the match, your wager is paid out provided that the losing team score (in addition to the site's score) exceeds the total amount of points scored by the team that was likely to win the match. The same wager is possible when considering the team likely to win the match but the points set by the accepting site are subtracted rather than added to achieve the final score.
Best Betting Sites For Spread Betting
Suppose the betting site accepting a spread bet posted the number +6 for the team likely to lose a match. That team goes on to lose the match and scores 5 goals. The team that won the match did so by scoring 7 goals. Simply add 5 to 6 to get 11. As 11 is higher than the total amount of points that the favorite scored, you would win this wager if you had placed it.
If you wanted to bet on team most likely to win the match and the site accepting the wager posted a spread betting number on this team of -6, the situation is very similar. Suppose the favorite team scores 11 goals while the underdog scores 4. Simply subtract 6 from 11 to get 5. As 5 is a higher number than the amount of goals that the underdog scored, the wager is successful.
Why Use Spread Betting When Making Bets Online?
One of the reasons that spread betting is so popular is that there is a little more breathing room for wagers on a sporting event - in contrast to specific proposition bets or straight bets. You have some margin of error that is allowed in spread betting without losing the wager. Betting sites offer spread betting because the wagers tend to be much more lucrative for the site - as a result of a higher betting market. Because spread betting is often easier to predict than many other types of bets, sites accepting these wagers will sometimes require that the bettor pay some fee (also referred to as juice) for taking the wager.
In order to avoid paying back money on too many ties, some spread betting sites will use half point increments to guarantee that the outcome for a wager will be either a win or a loss - never a tie. This prevents wagers from being paid back to players without any profits - an aggravating scenario for both the bettor and the site accepting the bet.
Spread betting online is also useful before a contest where is a very likely favorite - say an American football game with a #1 team against a #16 team. While wagers on the favorite will not be very lucrative in this contest, you can still make a huge return on a wager by using spread betting to place your bet and betting on the underdog.
Choosing A Spread Betting Site For Sports Bets
One of the most important factors in choosing a spread betting site is making sure that the amount of juice charged for each wager is as low as possible. Juice that is too high can reduce the amount of money that you win following a successful wager. It is also important that you choose a sports spread betting site that offers the most options - especially in sports types. For example, at a minimum, a good spread betting site should offer these types of wagers on American Football, Ice Hockey, Basketball, College Sports and Baseball.