What Exactly Is Football Spread Betting?
Posted By knowledge on March 11, 2010
Having a bet on football is one of the largely popular forms of wagering on sports. One that is often misinterpreted is football spread betting although there are lots of ways to bet on football. Although it sounds akin to the football betting spread wager, don’t make the misstep of considering that it’s the same thing.
So What Is Football Spread Betting?
Firstly, we have to distinguish what the football spread betting is from football betting spread wager. For those of you that have been making a bet for some time now then you already understand that the football spread betting is basically the quantity of points that the allotted to a particular lineup to even out the betting action at the online sports books. Those strong favorites that need to win by more than two touchdowns or 14 points aren’t familiar to distinguish. The mainly common way that people make up their stakes is after doing a little bit of inquiries to decide two or three teams to gamble on for that day. If they feel more at ease about winning on one specified group then they may well even opt to lay up additional money.
Although football spread betting does use the football spread for its wagers, it doesn’t involve choosing just a few teams for that day. The goal is to place small bets on all the games that are happening in hopes of showing a small profit at the end of the day. This approach is very similar to spread trading in the market if you just know anything about stock trading. The Main goal is to spread out your money across several different teams, in hopes of having a winning day and adding some profit and a small return on your investment.
Showing small profits day in and day out is the key to being successful with football spread betting. It is of great advantage about this type of betting that you don’t need to win every game but you need to have a winning rate of greater than 53% to make money. Let us take a look at an example below:
Let’s say you are able to make 100 bets and able to win 55% of your wagers during the course of the week. This example uses the hundred dollar bets. Here is what it would look like at the end of the week:
55 Wins X $100 = $5,500
45 Losers X $100 = $4,500
Juice on Losses 10% = $ 450
Total Profits = $ 550
After just one week, it has now a total of $550 and 55% hits among winners. Imagine if you could hit 60% or 65%. Football spread betting lowers the risk of gambling and earns profits little by little over time just like investing.
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