Spread Betting - Buying Or Selling, Which Is Best?

Spread Betting as preceded by its reputation is one of the biggest thrills available for a sports bettor. However those of us who take our gambling seriously and are not looking for thrills but instead we are looking for long term consistent profits often look at Spread Betting through weary eyes due to the implied risks that comes with it. We would be wrong to completely overlook the value that can be found from spread betting on sports though as spread companies are just as fallable as standard bookmakers if not more so. When spread companies set their spreads they are not accurately reflecting what the actual spread is instead they make them in order to split the public down the middle thereby guaranteeing a profit for themselves. Explanation: Say the spread for Total Points for England in a 20/20 match is 150-155. The betting company has made the spread at this level so that half of the money bet on this market is on the BUY and half of it is on the SELL. This means that the spread company will make a guaranteed profit considering they have successfully split the public. Still not convinced? Well say to continue the example that the total wagered on this market was £1000 per point (that's how spread betting works on a point basis) that means that £500 would have been bought at 155 and £500 would have been sold at 150. Now regardless of the actual result the spread company will win 5pts profit or £2500: England Score 140 - SELLERS will make a combined profit of £5000 (150-140x£500). BUYERS will have made a combined loss of £7500 (155-140x£500) - Spread Company Profit = £2500 England Score 160 - BUYERS will make a combined profit of £2500 (160-155x£500). SELLERS will have made a combined loss of £5000 (160-150x£500) - Spread Company Profit = £2500 England Score 152- BUYERS will make a combined loss of £1500 (155-152x£500). SELLERS will have made a combined loss of £1000 (152-150x£500) - Spread Company Profit = £2500 Now given this knowledge on splitting the public the Professionals in the field, like my friend Tony Jenkins, will tell you that you should be SELLING more than BUYING because the psychology of the average man is to BUY the spread because of the 'infinite' profits available driving the spread higher as a result (If more people are BUYING than SELLING the spread will be higher so it splits the public). I also agree with this thinking but I also notice that on some markets the spread is lower than expected, meaning a large number of people are selling and it is these opportunities I like to exploit. Either way you do it you should always look for inconsistencies between what the spread should be and what the spread is and then use this to make your profit. For those of you who are reading this thinking "What the hell are you talking about, what in god's name is Spread Betting?" then you should check out the guide written by my pal Tony Jenkins called Spread Professional. It's only a fiver and is designed to give the basics plus some good tips to profitting in the world of spread betting.

http://www.topbettingguides.com