How Spread Betting Works

How does spread betting work?

In sports betting, spread betting works almost exactly as it does in the financial context, but you are not speculating on securities but sporting events and their results.

The betting provider sets a specific range through the maximum and minimum odds that describe the outcome of the sporting event that is bet on. The bettor speculates with his bet placement whether the outcome will be over or under the range set by the bookmaker.

Spread betting is, therefore, the weather’s assessment of the result or an event of a sporting event, for example, a certain number of points or goals, yellow cards, or fouls.


The spread can range from 2.8 to 3.0 for the total number of goals scored in a football match. This means if you think the market/earnings will be above this range, you will buy. If you believe the market or earnings will be lower than the range mentioned, you will sell.

The more accurate you are in such sports betting, the higher the multiple of your stake you can potentially win. On the other hand, if you get it wrong, you can also lose multiples of your stake.

Your bet is the amount you specify per point shift. If you bet ten dollars on total goals, you can win or lose ten dollars per goal.

What variants are there in spread betting?

The opportunities for spread betting are hardly inexhaustible because it is theoretically possible to set a corresponding difference for almost every competition or game event.

In football betting, the tip can refer to the number of corners, goals, cards awarded, or even very unusual facts, such as the sum of the jersey numbers. In tennis bets, betting on the double faults or aces of the players is possible.

In addition to these two main sports, spread betting is mainly used in American and English sports.

Let’s look at the most common variants of spread betting in football.

Spread betting on the number of goals

In football games, betting on the number of goals is very common. Here is an example in the context of spread betting:

Spread betting on the number of corners

You can also bet on the number of corners awarded by the referee in a soccer match. Here is another example:

Spread betting on the number of cards

Also, very popular in spread betting is betting on the number of red and yellow cards. As a rule, yellow cards are worth 10 points, while red cards are worth 25 points. Our example:

Spread betting on the minutes of the first goal

Estimating the exact minute of a goal is, of course, almost impossible. With spread betting, however, such tips can also work well for you. The following example:

  • The bookmaker’s spread on the first goal is between the 37th minute and the 47th minute of the game.
  • The tipster is convinced that the first goal will fall faster and bets 10 dollars on under 37.

If the goal falls earlier, for example, in the first minute, the profit calculation is 37 minus 1 = 36 times 10 dollars = 360 dollars.

About Odutolu Timothy

Passionate about technology and communication, Timothy Odutolu has more than 5 years of experience writing for various niches in these fields. He's more comfortable writing about the key trends in the business-to-business software-as-a-service (B2B SaaS) niche. He is also a generalist with interests in journalism, DIY and outdoor, and other writing services. He's reachable via Twitter, LinkedIn, and email through or

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