That means that for every 11 dollars the player wagers, the player will win 10, slightly lower than an even money bet. If team A is playing team B, the casino is not concerned with who wins the game; they are only concerned with taking an equal amount of money of both sides. This is the house edge. The goal of the casino is to set a line that encourages an equal amount of action on both sides, thereby guaranteeing a profit.
This also explains how money can be made by the astute gambler. If casinos set lines to encourage an equal amount of money on both sides, it sets them based on the public perception of the team, not necessarily the real strength of the teams. Many things can affect public perception, which moves the line away from what the real line should be. This gap between the Vegas line, the real line, and differences between other sports books betting lines and spreads is where value can be found.
A teaser is a bet that alters the spread in the gambler's favor by a predetermined margin — in American football the teaser margin is often six points. For example, if the line is 3. In return for the additional points, the payout if the gambler wins is less than even money , or the gambler must wager on more than one event and both events must win. In this way it is very similar to a parlay. At some establishments, the "reverse teaser" also exists, which alters the spread against the gambler, who gets paid at more than evens if the bet wins.
Sports spread betting[ edit ] In the United Kingdom , sports spread betting became popular in the late s by offering an alternative form of sports wagering to traditional fixed odds , or fixed-risk, betting. With fixed odds betting , a gambler places a fixed-risk stake on stated fractional or decimal odds on the outcome of a sporting event that would give a known return for that outcome occurring or a known loss if that outcome doesn't occur the initial stake.
The spread on offer will refer to the betting firm's prediction on the range of a final outcome for a particular occurrence in a sports event, e. The more right the gambler is then the more they will win, but the more wrong they are then the more they can lose. The level of the gambler's profit or loss will be determined by the stake size selected for the bet, multiplied by the number of unit points above or below the gambler's bet level.
This reflects the fundamental difference between sports spread betting and fixed odds sports betting in that both the level of winnings and level of losses are not fixed and can end up being many multiples of the original stake size selected. For example, in a cricket match a sports spread betting firm may list the spread of a team's predicted runs at — If the gambler elects to buy at and the team scores runs in total, the gambler will have won 50 unit points multiplied by their initial stake.
But if the team only scores runs then the gambler will have lost 50 unit points multiplied by their initial stake. It is important to note the difference between spreads in sports wagering in the U. In the U. In the UK betting above or below the spread does not have a known final profit or loss, with these figures determined by the number of unit points the level of the final outcome ends up being either above or below the spread, multiplied by the stake chosen by the gambler.
For UK spread betting firms, any final outcome that finishes in the middle of the spread will result in profits from both sides of the book as both buyers and sellers will have ended up making unit point losses. So in the example above, if the cricket team ended up scoring runs both buyers at and sellers at would have ended up with losses of five unit points multiplied by their stake. This is a bet on the total number of points scored by both teams. Suppose team A is playing team B and the total is set at If the final score is team A 24, team B 17, the total is 41 and bettors who took the under will win.
If the final score is team A 30, team B 31, the total is 61 and bettors who took the over will win. The total is popular because it allows gamblers to bet on their overall perception of the game e. Example: In a football match the bookmaker believes that 12 or 13 corners will occur, thus the spread is set at 12— A "sell" transaction is similar except that it is made against the bottom value of the spread.
Often "live pricing" changes the spread during the course of an event, increasing a profit or minimizing a loss. In North American sports betting many of these wagers would be classified as over-under or, more commonly today, total bets rather than spread bets.
However, these are for one side or another of a total only, and do not increase the amount won or lost as the actual moves away from the bookmaker's prediction. Many Nevada sports books allow these bets in parlays , just like team point spread bets. This makes it possible to bet, for instance, team A and the over, and be paid if both team A "covers" the point spread wins by that amount or more and the total score is higher than the book's prediction.
Such parlays usually pay off at odds of with no commission charge, just as a standard two-team parlay would. Mathematics[ edit ] The mathematical analysis of spreads and spread betting is a large and growing subject. For example, sports that have simple 1-point scoring systems e.
Financial spread betting[ edit ] By far the largest part of the official market in the UK concerns financial instruments; the leading spread-betting companies make most of their revenues from financial markets, their sports operations being much less significant. Financial spread betting in the United Kingdom closely resembles the futures and options markets, the major differences being the "charge" occurs through a wider bid—ask spread ; spread betting has a different tax regime compared with securities and futures exchanges see below ; spread betting is more flexible since it is not limited to exchange hours or definitions, can create new instruments relatively easily e.
Financial spread betting is a way to speculate on financial markets in the same way as trading a number of derivatives. In particular, the financial derivative contract for difference CFD mirrors the spread bet in many ways. In fact, a number of financial derivative trading companies offer both financial spread bets and CFDs in parallel using the same trading platform. Unlike fixed-odds betting, the amount won or lost can be unlimited as there is no single stake to limit any loss.
However, it is usually possible to negotiate limits with the bookmaker: A stop loss or stop automatically closes the bet if the spread moves against the gambler by a specified amount. A stop win, limit or take profit closes the bet when the spread moves in a gambler's favor by a specified amount. I'm not disputing it happened, but was expecting to see, I don't know, a bit more in the way of attributable facts I guess.
It sounds to me like the difference is only that the for spread betting, you don't need to have the whole value of the stock ready in your account, and rather than pay a trading commission, fees are payed based on how long a bet is open, and a stop loss order or stop gain order is guaranteed to execute at the exact price specified. Is that the whole difference? I notice I've just come across this wikipedia article that it is claimed in the main article that "Most traders are also not liable for Income Tax unless they rely solely on their profits from financial spread betting to support themselves.
I didn't at this stage want to change the main page in relation to this point, as it's an important one, so am posting something here in case anyone can come up with a clear reason why the current posting isn't incorrect e. My view is that the main entry should be altered so that this statement is only true in certain jurisdictions e. I believe it applies in Australia , but doesn't apply to spread-bettors resident in the UK.
Feel free to open a discussion? There's not much to discuss here, as we shouldn't have any links that promote anything, whether they promote one company or more than one. Phil Bridger talk , 23 January UTC Reply [ reply ] I've searched for the Wikipedia rule on External links and it says: Some acceptable links include those that contain further research that is accurate and on-topic, information that could not be added to the article for reasons such as copyright or amount of detail" I think this applies to that website in this case.
If you feel there are more appropriate links then please add them, but I still feel that this link was appropriate based on the guideline I quoted. It contains some adverts but it hardly qualifies as being spam. Also, on a more general point, is there a Wikipedia rule that says that links can't have adverts?
Practically every external link on Wikipedia has some advertisements. That site seems no different, and it contains a lot of extra spread betting information that is not covered by this wikipedia article. I don't have any connection to that site, just seems rather confusing and against the spirit of Wikipedia to delete it. Your thoughts? Reply [ reply ] The description you give of your web site could apply equally well to www.
I see nothing about your web site that is any less adfarm-like or spammy than your competitor's site. You have spammed us succesfully for some time, but now you have been caught. I would advise you to withdraw gracefully rather than continue. And don't think that I missed the change that you made to your site at the weekend to get rid of the direct link to open an account at IG Index. According to the Wikipedia itself, Within the English-speaking world, association football is usually called football or colloquially footy in the United Kingdom, and soccer in Australia, Canada, New Zealand, and the United States.
Other countries may use either or both terms, and may also have local names for the sport. I don't think anyone in any other country is going to be confused about the meaning of the word "soccer" in this context, but someone might be confused about the word "football" used in this context. It's not a question of whether or not Wikipedia is a "global site;" it's a question of which phrasing is clearer.
Also, just as an aside, I don't think the word "soccer" is somehow an improper English term. Most of those countries have their own games of "football" which are definitely not "soccer". Additionally, given the amount of wagering on the NFL in sports betting, "football" in that context is certainly ambiguous without referring to a specific league.
Anyway I'm not aware of any source that says "soccer" is an inappropriate term for association football which, if we're being pedantic, is the "real" name for the game. Simishag talk , 3 January UTC Reply [ reply ] Introduction[ edit ] I think this article does a fairly good job of explaining the subject, but I think the first sentence is a little confusing.
REDIRECTED TO FOREX EXCHANGE
Favored teams must win by a larger margin than the spread, while the underdog must either win outright or lose by a smaller margin than the spread. Spreads vs. Moneylines Point-spread bets are common in high-scoring sports such as American football and basketball, but are also available in soccer, baseball, hockey, and tennis.
Spreads are a useful alternative to moneylines in matches that feature a large difference in skill between competing teams. Rather than forcing bettors to choose between betting on outright victories by the favorite resulting in a poor return or the underdog having low chance of victory spreads provide the opportunity to back either team with reasonable odds.
Betting Spreads Explained The purpose of a point-spread is to give both teams a similar chance of winning. For example, at the end of a season, the total points scored by a team can affect future events such as playoff seeding and positioning for the amateur draft, and teams may "run up" the score in such situations. In virtually all sports, players and other on-field contributors are forbidden from being involved in sports betting and thus have no incentive to consider the point spread during play; any attempt to manipulate the outcome of a game for gambling purposes would be considered match fixing , and the penalty is typically a lifetime banishment from the sport; such is the lack of tolerance for manipulating the result of a sporting event for such purposes.
Spreads in sports wagering U. McNeil , a mathematics teacher from Connecticut who became a bookmaker in Chicago in the s. An example: The bookmaker advertises a spread of 4 points in a certain game; If the gamblers bet on the " underdog ", they are said to take the points and will win if the underdog's score plus the spread is greater than the favorite 's score.
In the event of a push, the game is considered no action, and no money is won or lost. However, this is not a desirable outcome for the sports book, as they are forced to refund every bet, and although both the book and its bettors will be even, if the cost of overhead is taken into account, the book has actually lost money by taking bets on the event. Sports books are generally permitted to state "ties win" or "ties lose" to avoid the necessity of refunding every bet.
Betting on sporting events has long been the most popular form of spread betting. Whilst most bets the casino offers to players have a built in house edge, betting on the spread offers an opportunity for the astute gambler. When a casino accepts a spread bet, it gives the player the odds of 10 to 11, or That means that for every 11 dollars the player wagers, the player will win 10, slightly lower than an even money bet.
If team A is playing team B, the casino is not concerned with who wins the game; they are only concerned with taking an equal amount of money of both sides. This is the house edge. The goal of the casino is to set a line that encourages an equal amount of action on both sides, thereby guaranteeing a profit. This also explains how money can be made by the astute gambler. If casinos set lines to encourage an equal amount of money on both sides, it sets them based on the public perception of the team, not necessarily the real strength of the teams.
Many things can affect public perception, which moves the line away from what the real line should be. This gap between the Vegas line, the real line, and differences between other sports books betting lines and spreads is where value can be found. A teaser is a bet that alters the spread in the gambler's favor by a predetermined margin — in American football the teaser margin is often six points.
For example, if the line is 3. In return for the additional points, the payout if the gambler wins is less than even money , or the gambler must wager on more than one event and both events must win. In this way it is very similar to a parlay. At some establishments, the "reverse teaser" also exists, which alters the spread against the gambler, who gets paid at more than evens if the bet wins. Sports spread betting[ edit ] In the United Kingdom , sports spread betting became popular in the late s by offering an alternative form of sports wagering to traditional fixed odds , or fixed-risk, betting.
With fixed odds betting , a gambler places a fixed-risk stake on stated fractional or decimal odds on the outcome of a sporting event that would give a known return for that outcome occurring or a known loss if that outcome doesn't occur the initial stake. The spread on offer will refer to the betting firm's prediction on the range of a final outcome for a particular occurrence in a sports event, e. The more right the gambler is then the more they will win, but the more wrong they are then the more they can lose.
The level of the gambler's profit or loss will be determined by the stake size selected for the bet, multiplied by the number of unit points above or below the gambler's bet level. This reflects the fundamental difference between sports spread betting and fixed odds sports betting in that both the level of winnings and level of losses are not fixed and can end up being many multiples of the original stake size selected.
For example, in a cricket match a sports spread betting firm may list the spread of a team's predicted runs at — If the gambler elects to buy at and the team scores runs in total, the gambler will have won 50 unit points multiplied by their initial stake. But if the team only scores runs then the gambler will have lost 50 unit points multiplied by their initial stake.
It is important to note the difference between spreads in sports wagering in the U. In the U. In the UK betting above or below the spread does not have a known final profit or loss, with these figures determined by the number of unit points the level of the final outcome ends up being either above or below the spread, multiplied by the stake chosen by the gambler.
For UK spread betting firms, any final outcome that finishes in the middle of the spread will result in profits from both sides of the book as both buyers and sellers will have ended up making unit point losses. So in the example above, if the cricket team ended up scoring runs both buyers at and sellers at would have ended up with losses of five unit points multiplied by their stake.
This is a bet on the total number of points scored by both teams. Suppose team A is playing team B and the total is set at If the final score is team A 24, team B 17, the total is 41 and bettors who took the under will win. If the final score is team A 30, team B 31, the total is 61 and bettors who took the over will win. The total is popular because it allows gamblers to bet on their overall perception of the game e.
Example: In a football match the bookmaker believes that 12 or 13 corners will occur, thus the spread is set at 12— A "sell" transaction is similar except that it is made against the bottom value of the spread. Often "live pricing" changes the spread during the course of an event, increasing a profit or minimizing a loss. In North American sports betting many of these wagers would be classified as over-under or, more commonly today, total bets rather than spread bets.
However, these are for one side or another of a total only, and do not increase the amount won or lost as the actual moves away from the bookmaker's prediction. Many Nevada sports books allow these bets in parlays , just like team point spread bets. This makes it possible to bet, for instance, team A and the over, and be paid if both team A "covers" the point spread wins by that amount or more and the total score is higher than the book's prediction.
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