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Spread betting can give fairer profits

By Matt | December 9, 2008

SPREAD BETTING gets a bad press – largely because of those frightening health warnings about risk and loss that accompany every advert.

But I’ve been dabbling in sports spread betting a fair bit over the last couple of months – and I reckon it’s a fairer way of betting in a lot of ways.

Yes, there’s the potential to lose a lot of money – but there is with all gambling. And most of the bets I’ve placed, despite having the potential to lose me a three-figure sum, have rarely lost me as much as a one-er.

In actual fact, rather than doing my brains I’ve actually done pretty well – and with bets that I would probably have lost with a traditional punt.

When England beat Kazakhstan 5-1, for example – a scoreline that would have had most correct score betting slips torn up and would have paid a paltry odds-on sum to singles match result backers, returned a tidy sum.

Just weeks before I’d lost a bet on England winning 3-0 in Croatia because Theo Walcott was a bit better than I’d ever expected – massive fan of his though I am. How, when I predicted England could do major damage in Zagreb, can it be fair that I win nowt?

That’s the beauty of spread betting for me. Get it wrong and yes, it will cost you. But get it right and you’ll be rewarded for your work.

For more information about spread betting, visit Sporting Index, my recommended spread betting bookmaker.

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