It's the bookings market of a football match. Yellows=10 points Reds=25 points.
Bookies give a spread for what they think will be the outcome. Eg tonights game was 56-60.
56 is the sell price (if you think the total booking points will be less than this) 60 is the buy price (if you think the total bookings points will be more than this)
I thought it would be less so i chose to sell at a stake of £0.14. This means that every 1 booking point is worth £0.14.
There were 75 booking points, so i lost (75-56) by 19 points, hence i lost £2.66 (19 x £0.14)
If there were only 2 yellows in the match (20 points), my profit would have been (56-20) = 36 points. Which equates to £5.04 profit (36 x £0.14)
Really don't understand whats happening with this kinda bet.... Read it thru on 3 different occasions, having failed to understand the previous time. Looks rly interesting, I just don't get it......... Can u explain it to an idiot?...... Posted by DOHHHHHHH
Also JJ, this kind of bet is great fun on the Cricket.
For example, last week Bangladesh v Ireland. This was in-play at around 20 overs. I saw the Bangles were struggling, cant remember their exact score at the time, but it was when Tamim had got out.
The spread on the total runs for the Bangladesh innings was 242-252 at this point. I thought they would get less than 242, so i put a stake of £0.15 on the sell price of 242.
This meant that every run under 242 would win me £0.15 per run. Likewise, if they scored over 242, each run would cost me £0.15.
In the end, Bangladesh were all out for 205, so i won (242-205) by 37 runs. (37 x £0.15) = £5.55 profit.
Ithink spread betting is fine However risk and reward is debatable Also the spread itself encapsulates a reward for bookmaker Better betting on factual information I think Not guesswork But good luck anyway
So when u place a bet, they dnt withdraw any funds......... They wait till the outcome then credit/take from ur account? Also it seems you can't win/loose much on each bet? but I guess that depends on ur stake...... U pick ur stake right? u cud go a 5r for every run below 242? Is this a bet that pro punters use alot then? Posted by DOHHHHHHH
If you're minted then they let you use your account like a credit card and only take money once the bet has been settled ( if you want an account like this, then they do credit checks etc)
If like me, you are a small stakes gambler, then you can have a normal account where you can only use the money which you deposit. With this account there is a stop/loss in place whether you win or lose. In the cricket market, the stop/loss figure is 100 runs. So if ur bet goes t*ts up the most you can lose is the value of 100 runs. So for my £0.15 stakes, 100 runs is £15. This also means I cannot win by more than 100 runs.
I'm very new to spread betting, hence my very small stakes but you can put on whatever amount you want.
If you want to put on £1 per run, then the max you can win/lose is £100. etc.
Ithink spread betting is fine However risk and reward is debatable Also the spread itself encapsulates a reward for bookmaker Better betting on factual information I think Not guesswork But good luck anyway Posted by Ukjoe
Good post!
For me it's just more interesting. Especially in cricket.
This bet I think there will be over 32 booking points. I think this is pretty decent value because Lee Mason is the referee and he averages 49.7 booking points this season. I have increased my stake for this bet to £0.30.
Not many online bookmakers combine fixed odds and spread betting. There are a few sites that specialise in spreads. I can PM you if you want pointing in the right direction?
Again all theoretical no facts Im puzzled Posted by Ukjoe
Lee Mason's stats is a fact. Im sorry if I have to justify all my bets. I'm not saying I have a winning system here. This is purely for my own enjoyment of betting and watching sport. I have no intention of making millions from betting, it's FUN.
Can't find it still....if anyone is about, and knows where I can find this market for tyhe Eng/Ire game, I'd appreciate a nudge in the right direction, I wanna have a go.......esp with england batting first.
I've found an under/over market, 5/6 for both under and over 320 runs, but this isn't the same right?
(under 320 is gr8 value at 5/6 btw, esp if Trott comes in early)
Anyway, I'm around all morning help me out if u can,.......Cheerz.....
Can't find it still....if anyone is about, and knows where I can find this market for tyhe Eng/Ire game, I'd appreciate a nudge in the right direction, I wanna have a go.......esp with england batting first. I've found an under/over market, 5/6 for both under and over 320 runs, but this isn't the same right? (under 320 is gr8 value at 5/6 btw, esp if Trott comes in early) Anyway, I'm around all morning help me out if u can,.......Cheerz..... Posted by DOHHHHHHH
Decided to have a go at spread betting had a bit of fun on the racing this afternoon probably because i was using the free stake money i got when i signed up. decided to have a go on the bookings market tonight done
celtic/rangers under 77 points arsenal/orient over 32 points villa/city over 40 points
Comments
It's the bookings market of a football match. Yellows=10 points Reds=25 points.
Bookies give a spread for what they think will be the outcome. Eg tonights game was 56-60.
56 is the sell price (if you think the total booking points will be less than this)
60 is the buy price (if you think the total bookings points will be more than this)
I thought it would be less so i chose to sell at a stake of £0.14. This means that every 1 booking point is worth £0.14.
There were 75 booking points, so i lost (75-56) by 19 points, hence i lost £2.66 (19 x £0.14)
If there were only 2 yellows in the match (20 points), my profit would have been (56-20) = 36 points. Which equates to £5.04 profit (36 x £0.14)
Hope that helps.
For example, last week Bangladesh v Ireland. This was in-play at around 20 overs. I saw the Bangles were struggling, cant remember their exact score at the time, but it was when Tamim had got out.
The spread on the total runs for the Bangladesh innings was 242-252 at this point. I thought they would get less than 242, so i put a stake of £0.15 on the sell price of 242.
This meant that every run under 242 would win me £0.15 per run. Likewise, if they scored over 242, each run would cost me £0.15.
In the end, Bangladesh were all out for 205, so i won (242-205) by 37 runs. (37 x £0.15) = £5.55 profit.
However risk and reward is debatable
Also the spread itself encapsulates a reward for bookmaker
Better betting on factual information I think
Not guesswork
But good luck anyway
If like me, you are a small stakes gambler, then you can have a normal account where you can only use the money which you deposit. With this account there is a stop/loss in place whether you win or lose. In the cricket market, the stop/loss figure is 100 runs. So if ur bet goes t*ts up the most you can lose is the value of 100 runs. So for my £0.15 stakes, 100 runs is £15. This also means I cannot win by more than 100 runs.
I'm very new to spread betting, hence my very small stakes but you can put on whatever amount you want.
If you want to put on £1 per run, then the max you can win/lose is £100. etc.
For me it's just more interesting. Especially in cricket.
Not many online bookmakers combine fixed odds and spread betting. There are a few sites that specialise in spreads. I can PM you if you want pointing in the right direction?
Im puzzled
So now you have left me puzzled.
I have fun also
But based on facts
celtic/rangers under 77 points
arsenal/orient over 32 points
villa/city over 40 points
20p per point on each