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Spreadbetting
By predicting certain outcomes such as number of corners, time of first
goal and so on you can either either Buy or Sell the spread. If you
are new to spread betting you can find a really helpful training
ground here.
Big Wins and Limit Your Losses
How much you win on a Spread depends on the final points, you can win
big. To limit your losses Sporting Index offer a "Shield"
Account. This account offers you all the thrills of an ordinary spread
bet with the added security of limited exposure allowing you to 'spread
bet with a safety net'. Shield accounts have a 'Stop-Loss' level applied
to the majority of markets. This is a specific level at which certain
trades are closed to prevent open-ended losses or profits. This means
that when trading on a Shield account, you are aware of the maximum
you may win or lose every time you trade. In addition, a Shield account
also allows you to trade in smaller stakes.
How it works - Football Total Bookings Spread
Worthington Cup Final: Blackburn v Tottenham (Feb 2002)
Spurs came into the game in fine fettle, scoring goals for fun on their
way to Cardiff.
The total goal quote before kick-off was 2.4-2.7.
Sell (Go Low) at 2.4 if you believe that goals were hard to come by.
Buy (Go High) at 2.7 if you think that the crowd was treated to a goal
feast.
Total Goals 2.4 - 2.7
Scenario 1 - You Buy (go high) betting £10
Tempers flared in this Old Firm clash and at the final whistle, three
players had been red carded
(3 x Red Card = 75 + 5 x Yellow Cards = 50.... Total = 125).
You win £610
(calculation: (125 - 64) x your stake = 61 x £10.00 = £610 )
Scenario 2- You Sell (go low) betting £1
Tempers flared in this Old Firm clash and at the final whistle, three
players had been red carded (3 x Red Card = 75 + 5 x Yellow Cards =
50.... Total = 125). You lose £65
(calculation: (60 - 125) x your stake = -65 x £1.00 = -£65 )