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My first Spread Bet was an NFL game some 7 or 8 years ago. I really liked the Chargers (- 3) in the home against the Redskins. I already placed a $100 bet on my standard online Sports Book (minus $110 to win $100). I decided to place $25 on the Chargers at minus 3 points. I knew the Skins were sluggish on offense and the Chargers were great on defense after 3 weeks in to the NFL season. With Spread Betting, to put a bet, you 'BUY' the favourite or 'SELL' the underdog.
The web spread betting board was listed at Chargers/Redskins --- SELL 1 --- BUY 3. This implies take the favourite at BUY 3 or SELL favorite at 1 that is betting Redskins at plus 1 point.
The Chargers won handily with great defense. The ultimate score was 24 to 3 with the Skins offense being sluggish again. Now with my regular Sports Books I won $100 but with my Spread Bet of $25 I won $500. Pretty cool! The spread difference was 21 points ( 24 minus 3 = 21). My account had a cap maximum of 20 points. This cap allows no more than 20 times your cash stake to be put into or subtracted from your own account balance. This is a choice I accepted to reduce risk. This was much more exciting than a directly bet for even money minus the vig.
W here was the chance on this bet? If the Redskins won 24 to 3, I would have lost $500. But I knew that was improbable given each teams strengths and weakness. Washington wasn't going to travel east coast to west coast and play a superior NORTH PARK team and win by 20 points --- no chance. How many times do you see a superior team win by these scores ---- 21 to 3, 24 to 10, 27 to 17 etc....
I felt my risk side had not been that risky. Say the Redskins did have the ability to win by 3 to 7 points. If the Skins wins by 4 points and I'm laying 3 points, then I lose 7 times my money bet ($25 x 7 = $175 loss). I felt the upside for the overall game had more potential than the downside. Old fashion handicapping skills still have the foundation for just about any picks. I was rewarded for my expertise - a lot more than I expected.
Examples of Spread Bet Calculations
Chargers by 3 points ------- 3 minus 3 = 0 (push)
Chargers by 7 points --------7 minus 3 = 4 (win 4 X your bet)
Chargers by 13 points ------13 minus 3 = 10 (win 10 X your bet)
Chargers by 17 points ------ 17 minus 3 = 14 (win 14 X your bet)
Redskins by 1 point ------- 3 plus 1 = 4 (win 4 X your bet)
Redskins by 4 points ------ 3 plus 4 = 7 (win 7 X your bet)
Redskins by 10 points -----3 plus 10 = 13 (win 13 X your bet)
OVER/UNDER was 38 points
If you bet Over 38 ---- you lost 11 X your bet. Total points was 27 (24 to 3)
In the event that you bet Under 38 ---- you won 11 X your bet. At $25 bet you win $275
This is just the end of the iceberg with regards to the many options available using Spread Betting. Normally it takes weeks or months to comprehend this unique format. It is essentially the most exciting, rewarding and sophisticated little bit of betting software I've played compared to the other standard Sports Books. I'd compare it to PROP bets during playoff games or the Super Bowl. But much more intricate and creative beyond anything else available. It can require additional time, more research, better handicapping skills than regular betting. You will end up totally amused by the creative input out of this format and the overall software implementation. I believe the secret is not to obtain too confused by looking at all of the offers which are many but to spotlight one or two options to pick. Each sport has its unique betting choices for each game.
Bruce J Fraser writes for Fraser Publications
Author of eBooks and articles on sports betting systems
My Website: https://parablely.com/soft-serve-clothing-cloud-hoodie-review-premium-fabric-comfy-fits/
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