The Daily Spread Bet

[FC Basher]

Weve had abit of fun with the spread markets in the past so ive decided to give it ago again,we had some success previously and after building up my account alas hit a bad patch and cleaned out my account up so ive deposited again.I use SportingIndex.com so anyone wishing to look into this type of betting a tutorial can be found on their website.

Ok weve got some cracking games today with Mancester and London derbies being shown live,ill wait for the line ups and then ill post up some possible spreads.The usually route I take is goalscorer minutes and shirt numbers which can be quite volatile due to the spread,smaller spreads like total goals and corners are less volatile as they have a smaller spread.

Ive found our previous spread betting guide so I hope its clear to people.
Spread Betting Guide
Here are a few examples of the markets avaliable that ive copied and pasted,and how to understand the index when deciding wether to buy or sellGolf -
The most common spread bet on golf is a Multi Player Index, in which the bookmaker awards something like 50 points to the winning golfer in an event, 30 to the second placed golfer, 20 to the third and 10 to the fourth. It might be called a Tournament Index. There can be any number of players in this index but its usually a selection of 6-10 players.

The player who finishes highest from the selected group will collect 50 points in this case. The 2nd 30 and so on. Ties mean 2nd and 3rd points may be shared.

Your job will be to judge the value of a player's quoted trading price ( say Montgomerie 12-15 ) and decide whether its a Buy (at 15), Sell (at 12) or if its a No-trade. Most often quotes will induce you to think No-trade and that is right most of the time if the spread setters has done their job properly.

Since the initial success of the Tournament Index the spread firms have decided to add the LeaderBoard Index.This spread represents how a golfer will perform in relation to all other players in the tournament and is not just a selection of players. The players within the Leaderboard Index correspond with those leading the tournament, so further players may be quoted as the tournament progresses. Points are allocated to the placings once more but with more places and higher points. e.g 1st=60, 2nd=40 etc.

Finishing Positions allow the player to punt whether a player will finish in a place higher or lower than the quote of say, Faldo 35-37. A buy here means that you wish Faldo to finish in 38th position or worse to make a profit (do badly). Conversely a sell means you want him to do well.

Match Bets come in two sorts, 18 Hole and 72 Hole. They are different in scoring.
A bet placed on a 72 Hole match is one that is multiplied by the number of strokes between the two players at the end of the tournament (special rules apply if one or both miss the cut). It is important when considering a bet to note the quote order. e.g. Faldo/Norman 0-2 means the result is considered in terms of how many strokes Faldo wins by. If he loses then its a negative number. If you fancy Faldo you must buy at 2 and sell at 0 if you prefer Norman.

On the other hand 18 Hole match bets are juiced up by awarding 10 points for a win plus 3 points per stroke. So winning by 2 points is a 16 point result. This time the quote might be Faldo/Norman 1-4 and so a buy at 4 results in a win of (16 - 4) points or 12.Football -
Market makers have devised all sorts or spurious markets concerned with football, most of which don't relate to the actual result. Clearly once you leave the bounds of score and result related indices anything is possible. We look at the main markets around today.

Supremacy / Superiority
This is the simplest football market of who scores the most goals. A Man Utd./Arsenal quote may go 1.1-1.3 which indicates Man U as favourite by 1.2 goals. If you think that on average they are bigger favourites than 1.3 goals then buy at 1.3. If you think this is a more even contest then you might want to sell at 1.1. If you buy at 1.3 and Man U win 4-3 then the make-up is 1 and you will have lost (1.3 - 1) x your bet.

Total Goals
This is simply a market on the total goals scored in match. So the quote may look like Man U-Arsenal 2.6-2.8. This is not to be confused with the above superiority. It means that if you think 3 or more goals is likely then you may want to buy at 2.8. If you do and 6 goals are scored (the make-up)then you win ( 6 - 2.8 ) x your bet.

Shirt numbers
This is the beginning of the more esoteric markets. It relates to the shirt numbers of the goal scorers. This clearly takes more research to know what are the numbers of the likely goal scorers and how often they score. This is a more volatile market than those previously discussed.

A quote may look like 30-32. This may seem high but if player 10 scores twice for one side and player 8 twice for the other then the make-up is 36. Great care must be taken here for sometimes a substitute may be wearing a "silly" number like 28. This is for serious gamblers.

Bookings
How many cards will the referee show during a match? Again this looks random but it may depend on a few very understandable factors which include the referee, the players, the conditions and any special situations they may make the match a "spicey" affair.

Most of the time points are scored as follows : 10 points for a yellow card (maximum one per player), 25 points for a red card. So a market maker may quote 35-38 and you would win with a sell at 35 if there were only one yellow and one red card.

All sorts of other markets have been made like; Corners (simple), Time of 1st Goal (simple), Total Goal Minutes (aggregate time of all goals scored in the game) and many others which we won't look at.Horse Racing -
Horse Racing is easily the biggeest sector in fixed odds bookmaking and bat swapping. There is also a thriving spread world but its not quite as well suited to the spread format as football or golf or cricket.

Individual Race Index / Points index
This is a simple Multi Player Index using the official placings to determine the make-up for each horse along the line of 1st=50pts, 2nd=30pts and so on. An odds-on favourite will be quoted arond 31-33 and its your job to judge the value offered.

Favourites
This is a Single Index market based solely on the horse that starts the race as favourite. Points are awarded like this ; Winning favourite = 25 points Second place favourite = 10 points Third place = 5 points.

Starting Prices (SPs) of Winning Horses
A more esoteric Single Index market. This is based on the sum of the starting prices of the winners at a whole race meeting. This can be blown up by a big price winner so the market setter usually has a limit of 50-1 for a single winner.

Winning Distances
This again is a Single Index market. It is based on the total winning margins at a race meeting. There are special rules to cover bizarre events like a huge distance winner. Its nomally a max of 15 lengths for the flat and 30 for National Hunt. Standard photo finish distance are translated into decimal parts of a length, such as; Short Head = 0.1 of a length Head = 0.2 of a length Neck = 0.3 of a length Half a length = 0.5 of a length 3/4 of a length = 0.75 of a length .

This an example if the result finishes between the buy and sell forecast
Its a players finishing position in a Golf event
Re: Spread Betting
If you buy his postion @ 10 then if he finishes 12th you lose 2 x your stake, 15th lose 5 x your stake etc.

If you sell his position @ 16 and he finishes 12th you win 4 x your stake, 15th win 1 x your stake etc.

The difference between the buy & sell prices is where the spread firms make their profit, but you only have to worry about one or the other depending which way you bet.

[FC Basher]

ok heres ago with Shirt Numbers (total of the goalscoring players shirts)
the spread is 33-36

the bet - buy @36
So ive backed the goalscoring players shirt numbers to total 36 or more
ie Ronaldo 7 Robinho 10 and Berbatov 9 scoring would give a total of 26 (7+10+9) = 26 leaving me 10 short of the 36,which will equate to loss of 10 x your stake,so if you stake 50p it would be 10 x 50p stake £5 loss. 36 - 26 the actual result the difference is 10
Ronaldo 7 Robinho 10 and Berbatov 9,should Robinho and Ronaldo score twice their shirt number is multiplied by the number of goals so it would be x2 giving a result of Ronaldo 14 Robinho 20 and Berbatov 9 giving a total of 43
So the result is over the 36 your buying price,so your stake is multiplied at 7 the difference between 36 and 43 giving you a profit of 7x your stake.

to explain my risk here is 36, how thats the buy index so should the match finish 0-0 the result would be 0 giving you a loss of 36 x your stake,so so can see spread betting is very volatile.

Not the clearest explaination,but just like everything once youve had a few bets it might be a little clearer.

[FC Basher]

With only one goal by Rooney (10),shirt numbers total 10.

Gives us a 26pt loss

Chelsea v Arsenal
Players Goal Minutes
Deco - buy @ 8
V.Persie buy @ 10

Arsenal shirt numbers - buy @14

[FC Basher]

From left to right - Stake unit/Buy index/Result/Profit-Loss

30/11/2008
13:09 Buy 0.20 36.00 10.00 -5.20 M.C-M.U: Shirts
30/11/2008
15:32 Buy 0.20 8.00 .00 -1.60 Deco Goal Minutes
30/11/2008
15:38 Buy 0.20 14.00 22.00 1.60 Arsenal Team Shirt Numbers
30/11/2008
15:33 Buy 0.20 10.00 121.00 22.20 Van Persie Goal Minutes

1 Point = 0.20
Profit = 85pts

[FC Basher]

Buy Nigeria Ladies Win Index @11.5

If Nigeria Win the Index pays 25

[FC Basher]

13.5 loss on above game

Profit = 71.5

[FC Basher]

Seeing as England have a low index of 6,im going for them on the Win Index for a 19pt gain.

And England shirt numbers have an index of 10 buy

[FC Basher]

I dont know what went wrong but the above bet never went on,would have been gutted if it won.

Todays bets
Shirt Numbers
1-Dec-2008 Korea DPR Ladies U20s v Japan Ladies U20s 0.20 Buy @ 36 33-36

Japan Ladies Win Index
1-Dec-2008 Korea DPR Ladies U20s v Japan Ladies U20s 0.20 Buy @ 11.5 10-11.5 -0.30

[AnothrSpacecat]

best of luck mate ill be following with interest, used to play these markets and nothing else back in the day on live SPL games

some great value out there if youre a decent judge

[FC Basher]

Thanks Spacecat, I would like to say I was a good judge but people might throw that back at me

Japan games got two goals so just 9 short of the shirt index,will be dissapointed if there is no more goals.

Benayoun (Liv) Goal Minutes
1-Dec-2008 Liverpool v West Ham 0.20 Buy @ 9 6-9

Bellamy (W.H) Goal Minutes
1-Dec-2008 Liverpool v West Ham 0.20 Buy @ 10 7-10

Shirt Numbers
1-Dec-2008 Liverpool v West Ham 0.20 Buy @ 34 31-34

[FC Basher]

Todays bets
Shirt Numbers - Result 2pt Gain
1-Dec-2008 Korea DPR Ladies U20s v Japan Ladies U20s 0.20 Buy @ 36 33-36

Japan Ladies Win Index - Result 11.5pt Loss
1-Dec-2008 Korea DPR Ladies U20s v Japan Ladies U20s 0.20 Buy @ 11.5 10-11.5 -0.30

9.5pt Loss

Bank - 62pt Gain

[FC Basher]

Benayoun (Liv) Goal Minutes
1-Dec-2008 Liverpool v West Ham 0.20 Buy @ 9 6-9

Bellamy (W.H) Goal Minutes
1-Dec-2008 Liverpool v West Ham 0.20 Buy @ 10 7-10

Shirt Numbers
1-Dec-2008 Liverpool v West Ham 0.20 Buy @ 34 31-34

53pt Loss

Next Bet
Brazil Ladies Win Index
1-Dec-2008 Germany Ladies U20s v Brazil Ladies U20s 0.20 Buy @ 15 13.5-15

Shirt Numbers
1-Dec-2008 Germany Ladies U20s v Brazil Ladies U20s 0.20 Buy @ 36 33-36

Bank - 9pt Gain

[FC Basher]

Nasri (Ars) Goal Minutes
26-Dec-2008 Aston Villa v Arsenal 0.20 Buy @ 11 8-11

Van Persie (Ars) Goal Minutes
26-Dec-2008 Aston Villa v Arsenal 0.20 Buy @ 21 18-21

[FC Basher]

Bordeaux Win Index
17-Jan-2009 Nantes v Bordeaux 14-15.5 Buy @ 15.5 @ .20 stake points