| |
| |
|
Casino & Gambling Information |
|
|
|
A NO B.S. Explanation of Spread Betting For Newbies
Note: The goal of this article is to give you the basic idea and an overview of what index betting. It is not meant to be a comprehensive and detailed explanation of the game. Index betting, otherwise referred as Spread Betting is a bet type, where you are rewarded by the degree, in which you are correct in selecting a winner of a sporting event. The amount you stand to either win or lose is not fixed, and therefore, with index betting, you never really know just how much money you will win (or lose), until after the event is over, or until you have 'closed out' your bet. Now straight up, I must say, that this form of betting appeals only to certain types of punters, because this can be a volatile type of investment. If the game or match doesn't go as planned, you can be exposed to fairly hefty losses, because your downside can be, to an extent, unlimited. Anyone, who has traded options on the share market, should grasp this concept without too much trouble. The concept is similar to that of the stock market, where if you like a team/player you 'buy', but if you think that the team/player will perform below market (or the bookmaker's) expectations, you would 'sell'. Spread companies offer a number of different markets on the one game/match. In some cases, it is staggering as to the number of index markets that they offer on the one event. The more common of these are the total point markets (where you bet on the total of the outcome scores), match margin (predicting the winning margin), and the performance indices (examples would be betting the finishing position of a player in a golf tournament, or the finishing position of a driver in a Formula One race). Best Explained With an Example. A Rugby Union match between Australia and England. The total points market is 44 - 47. This means that if you fancy that the game will be a high scoring game, and that both teams will score more than 47, you buy at 47. If the end total for the game were 57 points, then you would be correct, and you win ten times your stake. In this example your stake is $10 per point, and $10 x 10 equals a profit of $100. However, if the game total were only 37 points, you would be wrong to the tune of ten points, thus losing $100 (the difference between the buy price at 47 and the actual score). The difference between the buy and sell prices is how the bookmaker makes his money. Let's look at a cricket game between Australia and England. Australia is batting first, and the quote reads 220 - 230 for Australian runs. If you believe that Australia will make more than 230 runs, you buy. If you believe that Australia will make less than 220 runs, you sell. Australia goes on to make 290 runs after a brilliant knock by Matthew Hayden. If you had bought Australian runs, you would be correct by 60 runs (290 - 230). You would collect 60 times your stake. However, if Australia finds it difficult to score runs, and makes just 170, you will be wrong by 60 runs (230 - 170), thus losing 60 times your stake or $600 if you are using $10 as a unit. Be aware, that the bookmaker naturally biases the spread in favour of the buy price. That is to say, we have an inherent built-in disadvantage betting the buy price, because of the way the bookmaker structures his spreads. He attempts to make the buy price less appealing, because of the disproportional number of punters who bet on buy prices. There is much more demand for the buy price than for the sell. After all, the nature of a punter is to find a team or player who will perform well, as opposed to seeking teams/players who the punter believes will perform poorly. So keep this in mind, if you think that index betting is for you. You will find it much easier targeting the sell prices. Of course, this is not to say, that you can't find good bets buying, but just, that they are a little more difficult to find. You may make a play at how many points a team will score over the regular season. For example, you believe that NZ Warriors are set for an ordinary year, so you sell at the spread of 31 - 33. This means, that you are betting, that the Warriors will score less than 31 points over the course of the season. Starting off, it can be quite confusing getting your head around the concept. (I know, because it took me some time to understand fully and to grasp what was going on, and how I could make money from this type of betting.) This article has been just a very short overview of spread betting. If you are interested in the concept, and would like further information, go to www.puntingace.com and we have links to firms that deal in exactly this. Spread betting is certainly not for everyone, and if you are not 100% confident in understanding the spread betting market, then I would seriously suggest that you stay out of it, until you gain more knowledge. You certainly can make a lot of money from successful spread betting, but the opposite is also true, you can lose a lot of money, if it all goes pear shape. Australians Matt Elliott and Jess Kirley of http://www.puntingace.com , have been investing together professionally on sports for over 3 years now. They take a very mathematical approach to their betting, and liken it more trading a commosity like stocks than actual gambling. They continue to lead the industry with innovative approaches to sports betting and their reputation among their peers is a testinmony to that. Visit http://www.puntingace.com to discover how you too can turn your hobby of betting into a profitable endeavour.
MORE RESOURCES:
Casino-Gambling - Google News |
|
|
|
RELATED ARTICLES
The Secret of Multiple Odds Tables Pssst.. Beat the Casinos Do you have what it takes to become a successful (and profitable) gambler? Read on and find out:1. A gambling systemNo matter what your game, a gambling system is being marketed to turn you into a winner. Martingale Betting System - Are You SURE? Very common and popular system among newbies who like roulette, but not a very useful one. Sure, it seems simple and logical - you start with, let's say, 10 bucks and you double it every time you lose in order to win it back. Sports Betting Portfolio Management The subject of financial investment is such a wide and varied area. We all know (or should know), that investing surplus funds is a sound idea; nothing new there. College Football Betting - Totals Betting totals in college football is very different than betting totals in the NFL. I'll give you one example. How To Extend Your Stay & Play At A Casino How To Extend Your Stay & Play At A Casino If you decided to build a new home, would you start construction without first developing a plan or blueprint? Or would you begin a new business without having a business plan? Would you go to war without knowing your enemy and having a predetermined plan for victory? Well why do you go to the casino without a plan for winning? Winning is what it is all about. I have never lost money at a casino and felt good about it and if you are honest, neither have you. Avoiding Tilt While Playing Online Poker As many experts have said, poker is a game that must be viewed as one continuous session that lasts a lifetime. If one can keep this simple statement in mind, it can make the short-term variances, or luck, less painful when the underdog wins. Party Poker Looking for a great place to play online Texas Holdem poker? Well, Party Poker and its affiliate sites are a great place to play. You'll find it all - Texas Holdem poker, Omaha, Omaha Hi/Lo, 7 Card Stud and 7 Card Hi/Lo games, including a wide range of games such as play-money tables, regular "ring games" (regular poker game with up to 9 players, limit, no limit, pot limit, tournaments, and more. Dos and Donts of a Successful Soccer-punter Bet only what you can afford. Define a bankroll at the beginning of the year or season and stick to it. Texas Holdem Tournament Strategy - Sit and Go Poker Tournaments Welcome to the fourth in my Texas Holdem Strategy Series, focusing on no limit Texas Holdem poker tournament play and associated strategies. In this article, we'll examine the "Sit and Go" tournament - the most popular online poker tournament format today. Texas Holdem Poker Terms If you're new to Texas Holdem poker this article will be very useful. It's fairly easy to find online poker articles that offer tips and strategies to improve your game, but often they're filled with confusing Poker Terms. How To Choose a Sportsbook - Guide To Online Sports Betting Online Sports Gambling is a growing business with thousands of new players opening their accounts every day. There are new online sportsbooks and wagering establishments created every calendar day of the month, which is quite confusing for new players. Money Management Your bankroll must be protected at all costs, a good bankroll will get you thru the ups and downs of sports wagering.You must think of Sports Wagering in the very same light as you would Stock Market investments. Texas Holdem Poker Legends Stu Ungar is considered by most to the greatest No Limit Texas Holdem Poker player ever.The three times World Poker Champion was born in New York in 1953 and began playing poker before reaching his teens. Blackjack - Increase Your Odds With Basic Strategy Plus Blackjack Basic Strategy, played perfectly in a game with favorable rules, will reduce the edge against you to about one half of one percent, the best odds of any game in the casino.But still - it's a negative edge. Craps 101: What You Need to Know About Alternatively called as Hazard, Craps has been here since centuries. Now the game has been brought to the visitor's PC. Poker Can Be Played for Money from the Comfort of Your Living Room?Legally! Poker is one of the world's all time favorite gambling card game. However, for most of us, to be able to legally gamble with poker, we'd need to travel to Vegas, or another location with legal poker tables. The Joys Of Playing Internet Poker I started playing poker on the internet about six months ago and I must say I absolutely love it.I had had no real interest in poker until I watched it at a friends house on satellite TV. Sports Betting Truths The first ever recorded sports bets, took place on 10 September 1858, by two spectators watching a game between the Brooklyn Eckfords and the New York Mutuals, placed a 100$ bet as to whether or not John Holden would hit a home run. Holden himself was assured 25$ if he hit, he did and after the game all the debts were settled. Limit Texas Holdem Poker Limit Texas Holdem Poker is the most popular type of holdem poker, attracting many novice poker players. The reason it is so popular is because the betting is not too aggressive.
|
| home | site map |
| © 2006 |