Skip Navigation | Access keys | Accessibility

Horse RacingPokerFootballCasinoRugby Union
Home | Latest Odds | Top Offers | Bookmakers & Casinos | Responsible Gambling Log In | Register

Introduction

Contents

Pages

Home > Books > Profitable Football Betting

Book Extracts

Profitable Football Betting

Author: Paul Steele
Publisher: High Stakes
Buy this book at Amazon

<< Previous Page   Next Page >>

Maximum Payout

The maximum amount that can be won by any one client in any one day's business or on any one individual odds coupon or any other betting slip, irrespective of the total stake, is shown in the office you are placing your bet. This limit also applies to ante-post bets. This rule should be taken into consideration when staking wagers.

Spread Betting Terminology

For every spread bet you have to decide whether to go higher (buy) or lower (sell) on the spread as quoted by the company. An example of spread betting is the seasonal total points of a football team. The spread or prediction of the spread company may be between 70 and 74. Their spread would then look like 70-74. If you thought they would obtain less than 70 points you would sell at 70. If you think they will achieve more than the 74 quote you then buy at 74. Your winnings are worked out by taking the final points total off your quote that you bought or sold at. If you buy and the result is higher than the quote you win but if it ends up lower you lose. For every point you are correct or incorrect you win or lose that many times your stake. The gap in-between the buy and sell figures is the spread companies margin and gives the companies their profit margins.

All debts incurred from spread betting are recoverable by law and I can only emphasise with all gambling, but especially spread betting, you should only gamble with money you can afford to lose. Remember freak results have cost individuals thousands. If spread betting is for you a range of different bets are available. The bets shown below are based on football but apply to most sports.

Supremacy:

This is the difference between the two team's scores. A draw would give a supremacy of 0 whilst a 3-1 win gives a supremacy of 2. A typical quote could be Man Utd/Liverpool 0.6-0.8. This means that United are favourites by 0.6-0.8 goals. A United fan may buy at £100 per whole goal. If the result is 1-0 he would win 1 (the supremacy) - 0.8 (the level he bought at) which equals 0.2. This is then multiplied by his stake to get a return of £20. A 2-0 win would result in a win of £120 but if Liverpool won 1-0 he would lose 1.8 times his stake or £180.

Totals (Goals, Shirt Numbers, Corners):

All these markets work in the same way. I will take the total goals as an example. For the same match between Man Utd and Liverpool the total goals quote could be 2.5 - 2.8. If you expected a low amount of goals you would sell at the level of 2.5 or buy at 2.8 if you think there will be many goals. If you sold at £100 a point and the match finished a boring 0-0 draw you would win 2.5 times £100 or £250. If you had sold but it finished in a 3-3 draw you would lose 6 (total goals) - 2.5 = 3.5 times your stake or £350. Shirt Numbers and Corners work in the same way except that they are more volatile.

16