Welcome to Spread Betting Deals
We provide information on sports spread betting, betting exchanges, arbitrage betting and other forms of betting that limit or eliminate risk.
We also offer spreadsheets for people to download that help to increase profits and reduce risks by spotting ways of profiting in any situation through analysing prices on betting exchange sites or through arbitrage betting, which is explained below.
Betting Exchanges
Betting exchanges differ from conventional bookmakers in that they allow you to both back and lay options. Backing is conventional betting, you bet that an event happens, and if it does you win the money. Laying is traditionally what the bookmaker does, it means you take bets on something happening, but by taking them you profit if that event does not happen.
So if you are betting on football(soccer), and Manchester United are favourites to win they may have odds of 1.5. So if you back them for £10, you will receive £15 back, so £5 profit. However if you lay them with a liability of £10, if they win you lose £10, but if there is a draw or the other team wins you win £5.
This means that you could back a team to win, and then if they are playing well and there odds decrease you can lay them and ‘lock in’ your profit, meaning you win money whatever happens. This can also occur the other way round. You could lay a team, and if they play badly or the other team scores, then you can back them and ‘lock in’ your profit.
This is a very good way to reduce risk and to make lots of money. For a more detailed explanation visit this article – betting exchange spreadsheet page. The biggest betting exchange is betfair, and as the level of ‘liquidity’ or money in the market is important as prices move more, then it is advisable to bet with the biggest.
Sports Arbitrage Betting
Whilst betting exchange trading still involves some risk, as it does rely on events that are to some extent unpredictable, arbitrage betting is effectively risk free. Arbitrage betting essentially is looking for bookmakers who are offering different odds on matches or events, and then using these differences to bet on all outcomes, but ensuring a profit no matter what the outcome is.
So for example if William Hill was offering odds on a tennis match of 1.5 for Federer to win, and 3 for Nadal to win, and Bet365 were offering 1.9 for Federer to win, and 2.4 for Nadal to win. In this case you could back Federer to win at 1.9 with £15.80, and Nadal at 3 for £10 and no matter who wins, you would win £4.20.
We have spreadsheets available that can do all the calculations for you, betting arbitrage spreadsheets. This is completely legal, and just a question of looking for opportunities, which particularly arise ‘in-play’.
One way to try this is to use the free bets offered by bookmakers. It usually takes a certain number of bets before you can withdraw the money, so why not use it for risk free bets and earn some free money?