To put it simply: the spread represents the bookmaker's prediction of the likely outcome for a given situation. Understanding how spread bets work is key to finding success with your wagers. The same structure is also used in sports spread betting. This technique is regularly used by trading platforms for the stock markets, where they offer a sell price and a buy price for stocks and shares which creates a 'financial spread'.
There are simple spread bets that work like many other wagers, but unlike traditional fixed-odds betting - where you win a set amount if your prediction is correct - some spread betting options can offer potential wins or losses based on the accuracy of your prediction and the actual outcome. Spread betting is a form of wagering that allows you to bet on whether you think a specific outcome will be higher or lower than the bookmaker's predicted range. If you're new to the world of sports spread betting, this beginner's guide will help you understand the basics, variations, strategies, and risks associated with this unique betting method.
Sports betting has been a popular form of gambling for many years, but there's a specific type of wager known as 'spread betting' that adds an exciting twist to the traditional betting experience.
Beginner's Guide to Sports Spread Betting