Point Spread Betting Explained
Point Spread betting is a bet which is both for the final result of the bet, meaning whether one team will win or the other one will, or in financial spread betting whether the stock value will go up or down. In addition this bet is also for the final result of the game in points – meaning whether the final match result will be above something or below something.
This is the simplified explanation of point spread betting, better to ask mr spread betting
If we go into details and take a basketball game as an example, the bet will say that one team will win the other by 15 points. This means that the final score will be at least 15 points more than the other team. In addition that team will win necessarily. If the gambler chose to place a bet for this kind of spread and the final result is that the team won by more than 15 difference, that gambler won this bet. Any other score other than a tie will cause the gambler to lose his money.
A tie is a middle score which will give the gambler his money back (the cost of the bet).
This is the longer version of point spread betting explained.
To sum this up, this bet is a combination of 2 factors that must happen. One is the victory of one team and the other is the final score to match the score offered by the bookmaker.
This is a risky bet much like any other bet but especially since it contains more than one factor, unlike the over under bet which concerns the score but only more than or less than the score.
The Spread factor also consist a major factor for taking the bet. A spread of + 20 for example is too high. It must be a reasonable spread for the gambler to consider placing a bet otherwise the risk is just too high and the gambler won’t take that risk.
Point for financial Spread Betting is mainly common in sports betting rather than financial spread betting which deals with a completely different aspect of wagering – Financial market wagering which is mostly fixed for whether the value of the product will go up (long) or down (short).