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My first Spread Bet was an NFL game some 7 or 8 years ago. I must say i liked the Chargers (- 3) at home contrary to 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 into the NFL season. With Spread Betting, to place a bet, you 'BUY' the favorite or 'SELL' the underdog.
The web spread betting board was listed at Chargers/Redskins --- SELL 1 --- BUY 3. This means take the favorite at BUY 3 or SELL favorite at 1 which 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 get more info 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 a maximum of 20 times your money stake to be added to or subtracted from your account balance. This was a choice I accepted to reduce risk. This was a lot more exciting than a directly bet for even money minus the vig.
Where was the risk on this bet? If the Redskins won 24 to 3, I'd have lost $500. But I knew that has been not likely given each teams strengths and weakness. Washington wasn't about to travel east coast to west coast and play a superior San Diego team and win by 20 points --- no way. How many times can you visit a superior team win by these scores ---- 21 to 3, 24 to 10, 27 to 17 etc....
website felt my risk side was not 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 am laying 3 points, i quickly lose 7 times my money bet ($25 x 7 = $175 loss). I felt the upside for the game had more potential compared to the downside. Old fashion handicapping skills still have the basis for just about any picks. I was rewarded for my expertise - 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)
If you bet Under 38 ---- you won 11 X your bet. At $25 bet you win $275
This is just the tip of the iceberg in terms of the many options available using Spread Betting. Normally it takes weeks or months to comprehend this unique format. It is probably the most exciting, rewarding and sophisticated piece of betting software I've played when compared to other standard Sports Books. I would compare it to PROP bets during playoff games or the Super Bowl. But a lot more intricate and creative beyond other things available. It can require additional time, more research, better handicapping skills than regular betting. You can be totally amused by the creative input out of this format and the overall software implementation. I believe the secret isn't to obtain too confused by considering all of the offers which are many but to focus on a couple of options to choose. Each sport has its unique betting choices for each game.
Bruce J Fraser writes for Fraser Publications
Writer of eBooks and articles on sports betting systems
My Website: https://zenwriting.net/erikseneriksen21/spread-betting-examples-from-an-nfl-game-9kg1
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