Before differentiating between fixed odds and Spread betting, We will take some time to discuss what these words mean individually.
What does Fixed Odds & Spread Betting mean?
Fixed-odds betting includes a straightforward ‘win or fail’ example, whereby you put a bet on a certain result, and if that bet succeeds, at the moment of making the bet, you win whichever odds are quoted to you. If you lose, you lose just the invested stake.
On the other hand, Spread sports betting means betting on the change of score rather than the players’ score. In this sort of betting, there is typically a variety of chances or estimates.
Now that definition is clear, below are differences that can be seen in the next following points!
1: Spread betting sites aim to draw more seasoned experts, seeking profitable use of their financial know-how.
Conversely, fixed odds financial betting offers a perfect forum for learning about the financial markets, which often draws individuals without technical experience. The comfort of just risking stake capital and the ability to win this amount several times appeals to a wide variety of people.
2: The likelihood of winning a spread bet depends on how much you understand about the game, while the likelihood of winning a fixed-odds bet depends on how good your team does.
3: In a fixed bet, your win will only depend on whether or not your team wins, and in spread betting, your win depends on the team’s ranking. The higher your side wins (or less, depending on the way you bet), the more you win.
4: Fixed-odds betting is the easiest one to start with since it doesn’t take a lot of game information, but you’ll need to know more about the game and the team you bet on in order to win more in a spread bet.
5: Set odd betting is much older and dates back to the late 19th century than spread betting.
6: For casual bettors, fixed betting is safest, while spread betting is often conducted at the professional level.
What’s best for you?
Consider this easy analogy: assume if you might gamble on a horse race that is now running, that has more than a thousand horses in its area and that has been going on for over a hundred years. Let’s presume you have knowledge that unexpectedly a single horse will turn lame and fall. Then, consider making a bet that the horse would go lower in the field. For any place your horse drops, the bet will award you with one point, or one multiple of your bet. You bet £ 10 a point that the horse is going to slip back and the horse fell 100 places back. Imagine getting £ 1000 tax-free with the press of a button in a few hours. This is the truth of good betting on financial spreads. The biggest difference between financial betting on fixed odds and financial spread betting is the fact that basic odds do not limit you.
What you are doing is forecasting the way from its present point a certain financial object would go. The more it goes in the way that you expected, the more you make money.
In the sports betting industry, both fixed odds betting and spread betting are common, but in each type, the consumer base is very different. In spread betting, the chance is higher and so is the reward. But if you are only trying to get started in this business, we urge you to start betting on set odds, since you will still have the leverage of your investment.
Want to get started with betting? We’re running a free 7-day trial! Find out more here
