Sports spread betting is an exciting and challenging form of betting where punters can win big by betting on the margin of victory or defeat of a sports team.
It is a popular form of betting in the UK and has become a popular alternative to traditional fixed-odds betting.
In this post, we will dive deep into sports spread betting strategy for football and provide detailed advice for both beginners and experienced bettors.
Understanding Sports Spread Betting
Before you start placing bets, it is important to understand what sports spread betting is all about. In sports spread betting, the bookmaker provides a spread, which is the margin by which they expect the winning team to win or lose.
You can bet on whether the outcome of the game will be higher or lower than the spread.
For instance, if the spread on a match between Manchester United and Chelsea is 1.5 goals, you can bet that the outcome of the match will be either higher or lower than 1.5 goals.
If you bet on higher, you win if the final score is Manchester United 2, Chelsea 1, and you lose if the final score is Manchester United 1, Chelsea 0.
Research the Teams
Research is key to a successful sports spread betting strategy.
In football, you need to know the teams you’re betting on, their recent form, their position in the league table, their injury status, and any other relevant information that can help you make an informed decision.
You can get this information from reliable sources such as sports websites, newspapers, or social media.
It is also important to consider the head-to-head records of the teams you are betting on.
For example, if Manchester United has a great record against Chelsea in their previous meetings, then it could influence your decision to bet on Manchester United.
Choose the Spread Betting Company
The choice of a spread betting company is crucial to your success in sports spread betting.
There are several spread betting companies in the UK, and you need to choose the right one for your needs.
Look for a company that offers competitive spreads, has a good reputation, and provides excellent customer service.
It is also important to choose a spread betting company that has a wide range of markets and offers flexible betting options.
For instance, you may want to place a spread bet on the number of goals, corners, or bookings in a match.
Our personal favourite spread betting bookmaker is Spreadex. They offer an incredible amount of markets and are extremely good value. You can sign up to Spreadex here and get up to £300 cash back.
Types of Spread Betting Markets
There are several types of spread bets in football, and it is important to choose the one that suits your betting style.
Here are some of the popular spread betting markets in football:
Total Goals Market: This is one of the most popular spread betting markets in football.
In this market, you bet on whether the total number of goals scored in the match will be higher or lower than the spread offered by the bookmaker.
Asian Handicap Market: The Asian Handicap market is popular in football betting and is similar to the traditional handicap market.
In this market, a handicap is placed on the team that is deemed the weaker team to even the playing field.
The team that you bet on must beat the handicap to win the bet.
Total Corners Market: This market is similar to the Total Goals market.
You bet on whether the total number of corners in the match will be higher or lower than the spread offered by the bookmaker.
Place Your Bet
Once you have done your research, chosen the spread betting company, and the type of spread bet you want to place, it is time to place your bet.
It is important to bet responsibly and only bet what you can afford to lose.
It is also important to keep an eye on the odds and the spread offered by the bookmaker.
Look for opportunities where the spread may be off and are offering value.
Manage Your Risks
Managing risks is an essential part of sports spread betting.
You need to be disciplined and have a clear understanding of your bankroll and risk tolerance.
It is recommended that you only risk a small percentage of your bankroll on each bet.
This will help you manage your risks and prevent you from losing your entire bankroll in one go.
It is also important to use stop-loss orders to minimize your losses.
Stop-loss orders allow you to automatically exit a bet if the market moves against you.
This helps you to limit your losses and protect your bankroll.
Review Your Performance
After placing your bets, it is important to review your performance regularly.
Analyse your wins and losses and look for ways to improve your strategy.
This will help you to refine your approach and make better betting decisions in the future.
Frequently Asked Questions
What is sports spread betting?
Sports spread betting is a type of betting where you bet on the margin of victory or defeat of a sports team.
The bookmaker provides a spread, which is the margin by which they expect the winning team to win or lose.
What are the popular sports for spread betting in the UK?
Football is the most popular sport for spread betting in the UK, followed by horse racing and cricket.
How do I choose a spread betting company?
Look for a company that offers competitive spreads, has a good reputation, and provides excellent customer service.
It is also important to choose a spread betting company that has a wide range of markets and offers flexible betting options.
How do I manage my risks in sports spread betting?
Managing risks is an essential part of sports spread betting.
You need to be disciplined and have a clear understanding of your bankroll and risk tolerance.
It is recommended that you only risk a small percentage of your bankroll on each bet.
This will help you manage your risks and prevent you from losing your entire bankroll in one go. It is also important to use stop-loss orders to minimize your losses.
Can I make money with sports spread betting?
Yes, you can make money with sports spread betting if you have a disciplined approach and a solid strategy.
However, it is important to understand the risks involved and to bet responsibly.
Is sports spread betting legal in the UK?
Yes, sports spread betting is legal in the UK and is regulated by the Financial Conduct Authority (FCA).
