These bets are placed on the totals of a
certain sporting event; for example goals in football, number
of runs in cricket, points in rugby or number of shots in golf.
Example: Total Runs in Cricket
If England win the toss to bat against South Africa at the
Oval, Sporting Index might predict the total number of runs
they score at 350. Their spread would be 325-350:
1st Inns Runs
If you think the pitch is good for scoring and England are
on form to score heavily, you would go higher (buy) at 350
for your stake of £2 per run. If England go on to score
416 runs in their 1st innings, you would have won (416 - 350)
x £2 = £132.
Alternatively, if you thought England would have done poorly
you would go lower (sell) at 325. You would have lost 91 times
your stake (i.e. £182). You could have limited your
loss by opening a limited risk account.
2. Supremacy and Match Bets
Supremacy and Match Bets are not interested
in totals, but the margin of victory. In this market the bookies
will give you a prediction by how many points one team would
beat the other by. This gives you the opportunity to support
or oppose either team in the match. So not only do you have
to predict who will win, but by how much.
Example: Rugby Supremacy Market
Sporting Index might predict the England Rugby team to beat
France by around 8 points, as a result they will quote a supremacy
of 7 - 10 points.
If you thought England would win by a margin of more than
10 points you would go high (buy) at 10 for the stake of your
choice, in this case, £5.
If, for example, it turned out to be a tight match, with
England scraping home 11 - 6, the supremacy would be 5. As
a result you would have lost 5 times your stake
(10 - 5) x your stake
= 5 x £5
= £25 loss
Alternatively, if you thought England would win by fewer
points, or even lose, you would go lower (sell) at 7.
3. Performance and Index Bets
Where points, runs or goals cannot measure the success of
a certain sporting event the spread betting bookies have come
up with an ingenious method to measure success. They use a
Performance Index, assigning possible events with a number
of points, enabling them to make quotes on a variety of other
Example: Racing Favourites Index
In racing, for example, they award different number of points
to the winner, runner-up, third place and so on. The Racing
Favourites Index measures how the favourites perform in each
race at a particular meeting. A winning favourite is awarded
25 points, a second place 10 points and a third place 5 points.
At an Ascot jumps meeting, the favourites quote might be
56 - 60 points:
Races, First Race: 2.15pm.
If you had a good look at the form and decided that the favourites
should perform better than we predicted you would go high
(buy) at 60 for £5. In the end two of the favourites
won, two came second while one ran on into third. On the basis
of the scoring system, the result (make up) was 75 (25 x 2
+ 10 x 2 + 5).
Had you bought at 60 you would have won 15 times your stake.
15 x £2 = £30
Example: Total Bookings in a Football Match
A typical scoring system for the total bookings in a football
match would be
- 10 points for a yellow card
- 25 points for a red card
If a player receives a yellow card and then a second yellow
card i.e. red card then he is awarded 10 + 25 = 35 points.
In the Rangers v Celtic Old Firm derby, Sporting Index might
offer a Bookings quote of 54-58. Meaning they expect around
3 yellow cards and a red card:
2pm. Live on Sky Sports PPV.
You think that this is under estimating the usual violence
on the pitch and expect at another red card. That would make
2 red cards (25 points each) and 3 yellow cards (10 points
each) = 80 points in total, so you decide to buy £5
per point at 58. If, you thought this would be a well-behaved
match you would sell at £5 per point at 54.
It may turn out to be great match with only two yellow cards
(total make-up 20 points). If you BOUGHT £5 at 58 you
would lose (58 - 20) x £5 = £190, but if you SOLD
£5 at 54 you would win (54 - 20) x £5 = £170.
Remember - You always BUY at the higher
quote and SELL at our lower quote.