Spread Betting Advantages

1. Open & Close your spread bets

When you place a fixed odds bet you are stuck with it until the event is done.  Then you've either won or lost.  Remember those times when you've backed a football team Ante Post at decent odds and seen the odds come in.  Unfortunately though the team still doesn't win, so despite the fact that you were right to take the big price, you have nothing to show for it.  With spread betting you can close your bet before the event and take a profit (or a loss).

2. Bet Either Way

With spread betting you don't just have to bet for something to win. 

You can choose the other side of the spread and bet for it to lose.

3. The more right you are the more you win

The whole nature of spread betting is that neither your winnings or losses are set.  This means that the more right you are the more you will win.  It also means that the more wrong you are the more you will lose.

A simple example of this would be if you made a football superiority bet.  Rather than just backing Arsenal to beat Leeds, you buy Arsenal superiority.  As Arsenal actually thrash leads 4-1 you make lots of money.  However you could have lost a packet if Leeds had won big.  Take a look at some of our spread betting examples for more information on this.

4. Innovative markets

Spread betting has led to some excellent new markets that can be really interesting to bet on.  Care is advised though as many of these are also extremely volatile so its likely that something really good or really bad will happen.  Example markets include

Bookings

A market based on the number or red and yellow cards the referee gives.  There are certain teams, players and referees that often lead to lots of cards.

Shirt Numbers

Relates to the numbers on the shorts of all the goal scorers.  Adds some spice to a normal goals bet.  Excitement when a substitute wearing 28 scores a late goal.  Disappointment that a defender wearing 4 scores a header from a corner.

Next:  Spread Betting Risks