Fixed Odds vs Spread Betting
What is fixed odds sports betting?Fixed odds betting offers a simple 'win or lose' scenario, whereby you place a bet on a certain outcome, and if that bet wins, you win whatever the odds quoted to you at the time of placing your bet were. If you lose, you lose only your stake invested.
What is the difference between fixed odds sports betting and sports spread betting?With Spread Betting you can make better use of your sporting knowledge than with fixed odds. With fixed odds having a simple ‘win or lose’ scenario, you know exactly how much you will win or lose as soon as you strike your bet. With spread betting, how much you win or lose is determined by how accurate you are. There are a lot more than just two scenarios with spread betting and the more right you are, the more you win. By the same token the more a result goes against you, the more you can lose.
For example, Sporting Index are offering a market on the number of corners in the Real Madrid v Manchester United game. Our prediction is 10.5 – 11. You decide there are going to be more than 11 corners, so you buy at 11 for £5.