Index Wagering Advantages
Written by Wheretobet.com
Mon, 2 Jul 2007
Category sportsbook
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Open & Close your spread bets
When you place a fixed odds bet you are stuck with it until the event is done. Then you've either won or lost. Remember those times when you've backed a football team Ante Post at decent odds and seen the odds come in. Unfortunately though the team still doesn't win, so despite the fact that you were right to take the big price, you have nothing to show for it. With spread betting you can close your bet before the event and take a profit (or a loss).
Bet Either Way
With spread betting you don't just have to bet for something to win. You can choose the other side of the spread and bet for it to lose.
THE MORE RIGHT YOU ARE THE MORE YOU CAN WIN
The whole nature of spread betting is that neither your winnings or losses are set. This means that the more right you are the more you will win. It also means that the more wrong you are the more you will lose. A simple example of this would be if you made a football superiority bet. Rather than just backing Arsenal to beat Leeds, you buy Arsenal superiority. As Arsenal actually thrash leads 4-1 you make lots of money. However you could have lost a packet if Leeds had won big. Take a look at some of our spread betting examples for more information on this.