Remember, spread betting takes the sports betting experience to a new level that is well beyond that of having simply a win or lose outcome:
With traditional betting, you are either right or wrong. With spread betting, you are wagering for or against an expected outcome, but your payout/loss depends on how 'right' or 'wrong' you are. Spread betting adds an extra element of excitement beyond that of a fixed odds, win/lose possible outcome because players don't know exactly how much money they stand to win (or lose) until the very end of a game/match.
Sports betting companies (so called bookies) make predictions, and set the 'market' – what outcome is being bet on. The 'spread' in spread betting refers to the range of numbers you are betting on. If you anticipate the outcome to be higher than the highest number in the spread, you 'buy'. If you anticipate it to be lower than the lowest number in the spread, you 'sell'.
For example, if a spread betting bookie predicts that England will score 240 runs in their first inning against Australia at the Ashes, that becomes the market and '239-241' becomes the spread. If you think England will score less than 240, then you will 'sell' at 239; if you think they will score more than 240, you 'buy' at 241. If the outcome is 250 and you 'sold' at 239 you will lose 11 x wager; conversely, if you 'bought' at 241, you will win 9 x wager.
Although spread betting can potentially be riskier than fixed odds, with higher risk comes higher reward. Also, Sporting Index has made sure to ensure fairness for their players – something that has helped them achieve their status as a top sports book offering spread betting.
Free Stop Losses - Spread betting account holders have stop losses automatically built into the markets on which they trade, so should you be on the wrong side of a spread, the amount which the market can go against you is limited.
No Stop Wins - Sports bookies generally won't limit your earnings! If you're on the right side of the market and it's going well for you there is no limit to the amount you can win!
In-Play Betting - A major advantage of sports spread betting vs. fixed odds is (with very few exceptions) you can not only have a bet before an event begins, but because Spreadex trades markets while an event is in play – you can also have a bet at any point during an event!
Take a Profit or Put a Loss In-Play - A sports bookie attributes a value to that bet throughout the duration of an event which means depending on how things are going you'll be able to close to take a profit or cut a loss at anytime.
In this context Sporting Index is one of the leading providers of sports spread betting, and has an incredibly comprehensive list of sports spread betting options. The below are a list of Sporting Index's most popular types of spread bets, for which there are a variety of specific sports spread betting markets for Football, Horse Racing, Cricket, Golf, Rugby, Tennis, Snooker, Motor Racing, Greyhounds, American Football, Boxing, Darts, Cycling and Politics as well as special markets such as 'X Factor' and 'I'm a Celebrity'
Here is a list of of some of the sports spread betting's industry most popular types of spread bets:
