Sports spread betting is a type of sports trading that involves predicting where a score, time or results will be. It is similar to financial trading as the more accurate you are the more you win, but also the more incorrect you are the more you lose. With sports spread betting you buy or sell on a pounds per point basis a price depending on whether you think it will be higher to lower than a sports spread betting firms prediction. All sports spread betting firms compared in the UK are all regulated by the Financial Conduct Authority (FCA).
Sports Spread Betting takes contracts that were developed in the financial markets and applies them to the sporting world. Allowing customers to place bets not just on the outcome of a particular match or event but its internal dynamics. That means that the client can bet on the total number of runs scored in a cricket match, the number of red and yellow cards shown in a game of football, or the number of lengths that horse wins a race by.
What’s more, the client can go long or short of these markets by, for example, selling the number of runs in a cricket match, if they think it will be a low scoring affair, or buying that market if they believe it will be a high scoring game. Clients bet on a pounds per point basis
The sports Spread Betting bookmaker makes a two-way bid-offer price in these markets hoping to see buyers and sellers. The final outcome of the event is known as the make-up.
Sports Spread Betting differs from fixed odds betting because your returns are variable and potential losses can exceed your initial stake.
Spreadex Sports Spread Betting
Spreadex Sports Review
Name: Spreadex Sports
Description: Spreadex Sports has been offering financial sports spread betting since 1999. Spreadex sports is well known for it’s welcome offers to encourage new clients to try sports spread betting as opposed to fixed odds betting or betting exchanges. Spreadex does offer fixed odds betting and financial spread betting, but focuses on sports spread betting. Spreadex does limit paid advertising, instead relying on customer service, word of mouth and client referrals for new business.
Summary
My favourite bookmaker. Always has a good range of markets to trade, plus regular bonus offers for active clients.
Did you also know that if you want to talk about how Spreadex’s sports spread betting works, you have to wear skinny jeans, a white top and a black blazer? It’s true, because when I sat down with Andy Mckenzie from Spreadex for a bit of a chat about what sort of spread betting service they offer, and who for that’s what we wore. It just is…
Pros
- Excellent customers service
- Good welcome offer for new clients
- Regulated by the FCA
Cons
- Losses can exceed deposits
- Fixed odds not as good as betting exchanges
- Welcome offer only applicable to sports spread betting
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Pricing
(4.5)
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Market Access
(5)
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Online Platform
(4.5)
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Customer Service
(5)
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Research & Analysis
(4)
