Spread betting is a form of gambling on the outcome
of any event where the more accurate the gamble, the
more is won and conversely the less accurate the more
is lost. A bet is made against a 'spread' (or index),
on whether the outcome will be above or below the spread.
The amount won or lost depends on the level of the index
at the end of the event. The spread represents the index
firms margin.
It is important to understand that spread betting is
more different to 'fixed odds' betting. With fixed odds
betting you know how much you are going to win or lose
depending on the outcome. In spread betting the amount
you win or lose varies depending on the outcome of the
game. There is more to win and more to lose and hence
punters do find spread betting more exciting than fixed
odds. However it is important that you know your sport
before you bet. If you think you can out-predict the
bookie then spread betting maybe for you.
Sporting Index
Sporting Index are the leaders in online spread
betting and currently offer punters a £200
free spread bet.