I bet you’re familiar with the term’spread betting’ – you might have even tried it before. For those who are relatively new to the concept, though, here’s a quick tutorial on how to read and use spread betting to your advantage!
What is Spread Betting?
As the name would suggest, spread betting is where you stake a certain amount of money on each of a number of different events, such as college football games or horse races – the opportunities for staking are near endless. Thanks to the popularity of eSports, it’s the perfect way for fans of specific games to bet on their favourite players and teams. For instance, if you’re a Destiny 2 fan and love watching Jonathan ‘Frostbite’ Chey play, you could simply stake £10 on each of his matches to earn hundreds of pounds in winnings.
While you might assume that spread betting is only available to those with a lot of money to gamble with, that couldn’t be further from the truth. Thanks to the wonders of online banking, anyone can open an account and start trading in games they love. Plus, as a new user, you’ll qualify for a generous welcome bonus that could potentially earn you hundreds of pounds in less than a week!
So, what is stopping you from using spread betting? The only thing is learning how to read it. In this article, we’ll teach you the basics of reading and understanding spread betting so you can make intelligent, educated decisions about your investments and how to maximise your returns.
How to Read The Book Of Odds
One of the first things you’ll need to learn how to do is read the ‘book of odds’ that is presented to you when you make a bet. It will contain all the relevant information you need to know about the odds of whatever it is you’re betting on. For example, if you’re betting on a football match and the book of odds states that the home team is 3.0 to 1.0 favourites, that means the match is considered extremely skewed in favour of the home team. You’re advised to look for a spread betting shop that offers friendly and helpful support as soon as you begin using the service.
What is The Longest Winning Streak In The World?
If you’re a sports fan and enjoy watching certain teams dominate their competition, you’ll want to learn about the longest winning streak on record. It’s not as easy as it sounds. There is a team that currently holds the record for the longest winning streak in the world, and they’re not your typical sports team. Instead of playing football or baseball, this team competes in eSports competitions where the objective is to defeat the other teams as quickly and as convincingly as possible.
The current streak was set in motion in August 2016 and has been steadily increasing ever since. The previous record was 145 matches, set by a Taiwanese team known as the Blackwater Team in 2016. Since then, the streak has increased by 15 games with the current total standing at 160 matches. With the end of the season now in sight, the Blackwater Team currently hold the record for the longest winning streak in competitive gaming history.
It’s no secret that eSports teams are responsible for many record-breaking performances. Since records are being broken all the time, it can be hard to keep track of exactly what’s happening. Thanks to the tireless efforts of people like Timmy Tong, a dedicated statistician who collates all the relevant data for all the competitions, you’ll always know exactly what is going on. To give you an idea of how impressive these gaming teams can be, here’s a short video containing some of the biggest achievements in eSports history.
How to Read A Daily Racing Form
For those who enjoy a bit of horse racing, you can learn a lot about the odds involved by simply looking at a daily racing form. These are the odds for the upcoming day’s racing across the world, so you can get an idea of whether or not you’re better off investing in a horse, dog or cougar to win the Grand National.
These odds can vary from one venue or bookmaker to another, so it’s important to look at multiple sources to get an accurate picture of what’s happening. If you live in the United Kingdom and you want to place a bet on horse racing, it’s a good idea to look into getting a betting licence. This will allow you to place bets on events in the UK and Ireland. You’ll also need to become familiar with all the different types of betting available, such as ‘straight’ bets, ‘cumulative’ bets and ‘exotics’ – these are the ones you’ll probably want to familiarise yourself with.
Where Can I Place A Quick Bet?
If you want to place a quick bet – that is, one that you’re planning on committing to right away – you’ll have to go to one of the many online betting shops that allow UK residents to open accounts. One of the best places to do this is Betfair. Not only do they offer a great variety of sports to bet on, but they also have an in-house bookmaker who will give you the best possible odds for your money. And if you’re a new user, they’re offering a generous 100% bonus up to £50!
If you want to place a longer bet, you’ll have to go to a traditional bookmaker. But if you want to place a quick bet, the world is your oyster!
Learning how to read and use spread betting isn’t difficult. Once you’re able to do this, you’ll see just how much of an opportunity this can offer. Plus, with the right information at your fingertips, you’ll be able to make the right decisions about whether or not to invest in a specific event, match or team.