![]() This means that for every run above 300 that England score, the punter wins £2. The punter might buy at £2 per run at 300. The punter specifies his or her unit stake when making the bet, i.e. If, on the other hand, he thinks England will get nearer 200 runs, then he or she ‘sells’ at the lower end of the spread, i.e. If the punter thinks that England will get more than 300, he ‘buys’ at the top of the spread, i.e. This means that they think England will score between 280 and 300 runs. The spread betting firm might quote 280 - 300 runs (that is the spread). Total bets are decided by the totals of certain numbers in sporting events such as runs in cricket, goals in football, points in rugby or shots in golf.įor example: How many runs will England score in their first innings against Australia? ![]() There are three basic categories into which bets fall: Consequently all spread betting - financial and sporting - is subject to investment regulation and is regulated by the Financial Services Authority. Spread betting started as a way of speculating on financial instruments and has developed as a new way of betting on the outcome of a sporting event. ![]()
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