Spread Betting - How Does it Work?

Patrycja Knows ins and outs of Bingo, Casino & Specials Betting

Updated: November 23, 2020

Spread betting is an exciting alternative to traditional fixed odds betting in sport. This type of bet covers all major and less popular markets and sports.

With spread betting, you can participate in the action of everything from golf to F1, horse racing to volleyball.

➤ In order to place a spread bet, you will need a bookmaker which supports this type of wager. We recommend Spreadex who has been on the UK’s spread betting scene since 1999.

➤ The bookmaker starts by putting out a spread, or prediction, of what it believes will happen in a particular match or event.

➤ Then, the player can choose to buy on the spread if he or she believes the outcome will be higher than the prediction and sell if the belief is that it’ll be lower.

Spread bettors simply speculate on whether the asset’s price will rise or fall, using the prices offered to them by a broker.

Spread bet predictions can cover a wide variety of results, including the number of runs a particular batsmen or team may score in a cricket match or the number of goals scored in a football match.

How is Spread Betting Different Than Fixed Odds Betting?

Fixed odds bets are simple, in that you are always putting a fixed amount at risk for a fixed return. A spread bet is different since, depending on how correct your prediction is, the more you can win. Similarly, however, the more you are wrong, the higher your losses.

Spread Betting at Spreadex

Spreadex is the go-to bookmaker for spread bets. Trusted by thousands of loyal players and the recipient of several industry awards, Spreadex has become the experts of all types of sports bets. Enjoy the world of sport and place both fixed odds and spread bets from a single dashboard, whilst also enjoying casino betting and financial trading too.

Place spread bets on:

greyhounds
basketball
football
and a host of other disciplines

whilst enjoying the diverse selection of predictions available. Before placing your first spread bet start by watching the useful video guides offered by the bookmaker. You can even use a free and interactive spread bet calculator to help you understand how any result could affect your bankroll.