![]() When finding a sports spreads bet online, it will consist of two numbers. If punters were now asked ‘will the favourites win by more than the point spread’, or for the underdog losing more or less than the point spread, then this now creates a more level betting market for punters on either side of the wager. Spread betting changes the market in a more exciting way. Backing a team to win here would of course skew heavily in favour of the favourites, meaning very few punters would find it worthwhile to back the underdogs. ![]() As an example, if Manchester City played against Newcastle United, there will be a huge bias towards the stronger team of Manchester City winning the match. The purpose of betting spread for bookmakers is to create more of an active market, especially if there is a large difference in strength of the teams. To place a bet, a punter will need to decide whether the outcome will either be above or below this range by ‘buying’ or ‘selling’ the spread. ![]() A point spread refers to a specific range of outcomes possible for a particular market that is set by a bookmaker. ![]() Let’s dive a little deeper into what spread betting actually is. Spread Betting Sports Explained in Further Detail ![]()
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