Spread bets are type of bets offered by the sports books or by the recently available financial spread betting companies. The spread bet is a margin bet in which the gambler chooses whether the trend of the bet will go above the spread offered by the sports book or the financial spread betting company, or below.

A good example for spread bet would be a spread offered by the financial spread company in which the oil is between 60-62 USD a barrel and the gambler needs to place a bet on whether the oil price will go up (long) or down (short) below the price offered in the spread.

The price is compared to the market price at the end of the bet and then if the bet is won, the gambler will win the bet amount times the difference from the market price and the spread. For example if the market price of the oil at the end of the bet is $64, and the gambler won this bet (meaning the bet was long) this means the gambler won his bet amount times $2 .

Imagine yourself what happens if there’s a jump and the oil price is $70 at the end of the bet mentioned in the example above? That’s right. That’s why spread bets are popular among gamblers. So popular that it’s the 3rd most popular time of bet.

There are two types of spread bets. One is the sports spread bet like horse racing, basketball and so on and the other was introduced recently, the financial spread bet in which the gambler can place bets on the financial markets, on stocks and shares and other commodities.

In the United Kingdom spread betting was regulated and only gambling companies working according to the regulations and laws are permitted to accept UK gamblers. This gives a protection to the gambler as well as tax free gambling since the spread betting free company pays a fee to the regulation.

If you are familiar with spread betting and you are looking to start spread betting on financial markets, you got to the right place. We offer all type of spread bets including financial spread betting on all type of markets FTSE, the German Bursa the Nasdaq as well as the world wide known commodities and it’s all live based on the current market value which means you can only spread bet during the time of trade.