What is Spread Betting? - Explanation 1 - The Basics
Step 1
Sports Alive make a prediction on a specific aspect of a sporting event, such as how many goals will be scored in a football match, or the time of the first goal.
The Punter then decides whether the guess, or 'spread', is too high or too low.
It's as simple as that!
Step 2
Once you choose to bet on a prediction (which will almost always be wrong),
the more right you are, the more you win;
the more wrong you are, the more you lose
This is because wins and losses are directly linked to the accuracy of our prediction.
Step 3 - How does it work?
Sports Alive might predict that there will be between 10 and 11 corners in a game.
The Punter would "Bet Low" at 10 if he/she thought there were going to be less than 10 corners.
The Punter would "Bet High" at 11 if he/she thought there were going to be more than 11 corners.
That's all you have to do
Step 4 - What does the punter win or lose?
Let's say the Punter thinks that there will be a lot of corners, the Punter would "Bet High".
So, if the match ends with a total of 16 corners.
Well done - The bettor chose to Bet High at 11 corners. This means that he/she would WIN 5 times their "stake"! (16 - 11 = 5)
Don't forget - the more right you are the more you WIN, the more wrong you are the more you LOSE.
Step 5 - What if the result goes the other way?
Again, let's say the Punter thinks that there will be a lot of corners, the Punter would "Bet High".
So, if the match ends with only 8 corners?
Unlucky - the bettor chose to Bet High at 11 corners. This means that he/she would LOSE 3 times their "stake"! (11 - 8 = 3)
Don't forget - the more right you are the more you WIN, the more wrong you are the more you LOSE.