We Show You How!
The UK Gambling industry has undergone a revolution and it's all thanks to betting exchanges. With better odds, offering punters earlier prices and far greater range than your normal bookmaker.
How do they work, well they match up punters bets directly, taking out the middle man the bookmaker. They make their money by taking a commission from your winnings the better odds offered certainly make it a worthwhile trip.
Sports spread betting is high risk and is not suitable for everyone. You can lose more than your original stake, so make sure you understand the risks involved and only bet with money you can afford to lose.
Betting exchanges have a steeper learning curve than your average bookmaker but the time invested will be repaid.
While there are several betting exchanges around we provide you with access to the best two spread betting site on the internet today,
Betfair is without doubt the biggest and it does offer the best odds, it has been described as the Ebay of betting, which is probably a fair analogy
Spread betting is a simple concept. If you go to Betfair pick any event your interested in and you will be faced with a page listing the fixtures (horses, dogs, players etc) the blue column is the back column the pink is the lay column (i.e Blue bet it to win at these odds, Pink bet it to lose at these odds.) If someone is unwilling to take your bet your stake will be returned after the event.
You can get spreads on almost any sporting event including spreads on football, cricket, hurling, Horse racing and even no sporting spreads on share prices and politics.
Spread betting was invented by Charles K. McNeil, a mathematics teacher from Connecticut he became a bookmaker in Chicago in the 1940s.
By the 1980's Spread betting had become popular in the United Kingdom. In the USA, gamblers usually wager that the difference between the scores of two teams will be less than or greater than the value specified by the bookmaker.
Spreads are at times, specified in half-point fractions to eliminate the possibility of a tie, known as a push. In the event of a push, the game is considered no action, and no money is won or lost.