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Spread Betting
sports bettingA type of wagering where the bet is on whether the outcome of an event will be above or below a 'spread' offered by the bookmaker. The more right you are, the more you win, and the more wrong you are, the more you lose.
Key Takeaways
- 1A type of wagering where the bet is on whether the outcome of an event will be above or below a 'spr
Spread Betting
A type of wagering where the bet is on whether the outcome of an event will be above or below a 'spread' offered by the bookmaker. The more right you are, the more you win, and the more wrong you are, the more you lose.
Example
I placed a spread bet on the total number of goals in the soccer match, predicting it would be higher than the bookmaker's spread.
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