Maximize Profit with Spread Betting

Spread Betting
June 28, 2022 0 Comments

If you love football, then you’ve come to the right place! The beautiful game is one of the most popular types of sport on the planet, meaning that people who bet on football can find great opportunities all year round. Every day there are countless matches all over the world and popular bookmakers such as Mr Green will offer a wide selection of markets for dedicated punters betting on football, including a great selection of spread betting markets.

What is spread betting?

If you’re new to spread betting, it can feel a bit confusing compared to the normal odds markets where you bet on the outcome of a match, for example. Instead of betting on a set odds on a selection, a spread bet works by betting higher or lower than a spread for the outcome set by the bookmaker. Within this spread, a bet is placed per point. This means that winnings from spread betting can be infinite. However, the same applies to losses, making it a risky but exciting and potentially lucrative type of betting.

How does spread betting work?

How does spread betting work

In a spread betting market, the bookmaker or company offering spread betting will predict what they think will happen by setting what is known as a ‘spread’. For example, on a spread called Total Goals, the spread might be between 1.7 – 2.0. The bettor then has to decide whether they want to bet higher or lower than the set spread, also known as buy and sell, as well as how much money they want to risk for each point. In this case, points will be the target. The difference between the outcome and the spread indicates the amount of the player’s gain or loss.

Targets in droves

Some of the most popular spreads with football involve goals. In the Total Goals market, the spread will usually be between 2.4 to 2.6 goals. So, for example, if you think Liverpool – Everton will be a low-scoring game, you could sell goals and set your stake per point at £10. If the match ends goalless, then you will win £24. Other popular markets include Total Goal Minutes, which deals with the number of minutes between goals scored in the match, and Goal Difference, which bets on the difference in goals between the two teams.

Look for corner kicks

Corner kicks are a part of football that don’t normally get much attention. However, spread betting gives you the opportunity to make good money on them. The most popular brain-related market is Total Number of Corner kicks, where the spread varies but is usually between 10-11 or 11-12. Corner Difference is another exciting market where you can bet on the difference between the number of corners won between two teams. Mr Green also offers several exciting markets such as Multi Corner, where the spread predicts the number of corners in the first half multiplied by the number of corners in the second half.

Make a profit on the cards

Yellow and red cards are part of the drama of a football match and if you think a match is going to be dramatic, you can make money by betting on the Total Number of Cards market. In this spread market, a yellow card is worth 10 points while a red card is 25 points, while two yellow cards leading to a red is 35 points.

So for example in a Premier League match between Liverpool and Everton, the spread might be 37-40 points. If you think the match will be dramatic, you can buy at £10 per point. If the match has two straight red cards, the total score will be 50 and you will win 100 kr. On the other hand, if the match ends with no cards, you will lose 370 kr.

Spread the risk and sell your spread

Spread the risk

As the last example, spread betting can be full of risk. It can be an attractive way to bet, as the more you are correct about a match, the more you will win. However, the downside is that it also goes the other way and the more wrong you are, the more you will lose.

Selling your spread is one way you can minimise risk. It is possible to do this on spread markets that come during a match, but is easier to do on long term markets offered at Mr Green. This could be, for example, a Premier League team’s total points for a season. If a team has an easy start to a season, you can choose to buy against the spread and then sell later when the spread increases. This strategy can reduce your potential profits, but also has the benefit of removing the risk of losing and creating a safe profit.

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