WHAT IS SPREAD BETTING AND HOW DOES IT WORK.??
Spread betting is a great way of betting,particularly for sports fans and bettors – no matter how unequal a sporting contest is you can still enjoy a bet – with the opportunity betting from the first minute right through to the very end.Not only can you bet right through any sporting event you can change your mind,and adjust your bets at any time !.
The best way to explain the principle is firstly to use whole number examples(many punters are baffled when they see fractions of goals or similar when first looking at spread betting – how can there be 2.3 goals?(we will explain later).
Lets choose cricket,or any sport where runs are made.The spread betting companies may decide that a batsman should make about 30 runs.They would therefore offer a spread of say 29 – 31.If you think that batsman would score more than that you would BUY,if you did not rate the batsman and thought he would score less you would SELL.(You would keep your stakes low in this market due to volatility.)
IN THIS EXAMPLE THE BATSMAN SCORES 51
If you BUY for $1 – you will win $20 (you bought at...
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