Spread betting

Spread betting

Spread betting is considered gambling by some and trading by others. Regardless of what you call it is a high-risk way to speculate on financial markets.

Spread betting online

There are a lot of great spread betting platforms available online where you can do spread betting, so there is no need to settle for one that isn’t great and doesn’t suit your needs and preferences. Putting some effort into choosing a spread betting broker carefully is something I strongly recommend, because it can have a huge impact on the future success of your project.

Also, before you sign up with any platform, inform yourself about spread-betting and create a thought out a basic strategy for your project. You will most likely need to adjust this strategy as you gain more experience, but it is still a good idea to have some sort of plan in place before you start, e.g. which markets to focus on, how much to risk, how to diversify, etc.

With a basic strategy in pace, it will be easier for you to select a broker that fits that specific strategy, e.g. when it comes to the size of your bets and which things to bet on.

Choosing a trading platform (broker) for spread betting online

It is easy to get obsessed with finding the broker who offers the biggest possible sign-up bonus, but that is usually a very poor way of choosing, and in the long run, other features will be much more important for your bankroll and your trading experience.

Here are a few examples of things to look out for when choosing a broker for spread betting:

  • The trading platform. Is it easy to use and understand? Does it run smoothly on your computer and with your internet connection, or does it seem to be way too heavy and/or riddled with bugs?
  • The costs associated with trading. What will you pay to use this platform for spread betting? Is the pricing model suitable for your style of spread betting?
  • How competitive are the spreads compared to other brokers?
  • Does it offer spread betting on the markets / underlying that you are interested in?
  • What’s the minimum deposit requirement?
  • How small/big bets can you do?
  • If you plan on margin trading/leverage, what are the rules and conditions for that?
  • Are automatic stops and similar safety precautions available?
  • Before signing up with any broker, get in touch with the customer service to see how they treat you. Also, can you connect with the customer service through your preferred method? If you prefer to use live chat and they require you to you make an expensive phone call abroad instead, you will not be happy in the long run.
  • Who owns the platform, where is the company based and which jurisdiction(s) are applicable? Is it properly licensed?
  • Does the broker have a generally good reputation among other traders online?
  • Is customer-owned money kept separate from company assets? (This is hugely important in the event of a bankruptcy filing or similar.)
  • What resources are they offering you when it comes to tools, charts, news feed, etc?
  • Which transaction methods are available for deposits and which one for withdrawals?

Try out the platform using play-money first

Before you start risking your hard-earned cash, try out the platform with play-money. Most platforms offer this feature. It is a great way of becoming more familiar with the platform and learn how it works, and it can save you from making costly mistakes.

Choosing a sports book

Choosing a sports book

Choosing the right sports book can have a significant impact on your chances to win money. This is especially true if you want to bet on a less popular sports or leagues. (Something I strongly recommend) Different sports book will offer a different selection of sports and games to bet on. They will also provide different odds. The odds on the same game at different brokers are often similar but not the same. There is usually a 0.10 -0.20 difference or more. This might not sound like much but it makes a huge difference in the long run. Placing a bet with a 0.05 higher odds makes it a lot easier to make money as a punter. A small difference in odds allows you to increase how much you win without affecting how much you lose. It is a net positive that allows you to make money with a lower success rate. Click here to get about legalize sports betting.

It is very important to always place your bet in whichever sportsbook offer you the best odds.

Where to find the best odds

Now you might be asking yourself. How do I find the sportsbook that offers the best odds? The simple answer to this question is that you cant. There is no sportsbook that always offers better odds than other sportsbooks. One sportsbook will provide the best odds for one bet while another will provide the best odds for another bet.

Register with many sports books

If you want to maximize your chances to earn money, you should not be looking for the best sports book. You should not be looking to register with one sports book. You should be looking to register with several of them. The more the better. By registering with a lot of different sports books you can make sure to place every bet where you get the best odds. Where you have the best chance of making money.

The drawback to being registered with several sports books is that you need to keep funds available in different accounts. This limits the amount you can have available in any single account. You should never make any bet that is larger than 2% of your bankroll anyway so this should not be a big problem. It is possible to move the money between different sports books to where you need it, but I do not recommend this technique because it is a lot of work and withdraws can be slow. It is better to always keep money available in the account of each sports book you use.

I recommend that you start by registering with 3 or 4 leading sports books such as William Hill, Bwin, BetSafe, Betway or Ladbrokes. You can then gradually register with more sports books as your bankroll grow.

Where to place each bet

Your goal should be to place each bet where you get the best odds. To be able to do this you need to check the odds on each of the sports books you use before every bet. This requires some extra work but is worth doing none the less. There are numerous different odds comparison websites online where you can compare the odds for a particular game. This makes it easy to place the bet where you get the best odds. It also makes it easy to find new sports books that offer good odds for the events you want to bet on. Never be afraid to register with a new sports book to get better odds on the events you want to bet on.

Only use trusted regulated sportsbook

You should never register, deposit money or place bets with a sports book unless that sports book is regulated and licensed by a well regarded licensing body. The odds of getting scammed is very high if you decide to use a none regulated sports book.

Bonus arbitrage

Bonus arbitrage

Bonus arbitrage is a method used to earn money by abusing the bonus many sports books offer new players. Bonus arbitrage is a way to circumvent the betting requirement and allow you to withdraw the money you received as a bonus.

I do not recommend that you use this technique. It is a against the terms of service of the sports books, and you will get banned if they catch you doing this. Any money that you have deposited to your account will be forfeited if they ban you. This techniques is very dishonest and tries to rig the system by playing the different sports books against each other. Please note that several sports books have the same owner and could therefore easily discover what you are doing by cross-referencing their data.

The only reason that I am talking about bonus arbitrage and how it works is that fraudulent individuals are selling this information online. Sometimes at very high prices. I am providing this information for free to make it harder for these scammers to charge for this information.

What do you need

To be able to perform bonus arbitrage you are going to need a decent sized bankroll. Large enough to be able to claim a free bet with a large number of sports books. It is possible to do it with less money but doing so will take a lot more time since you will need to transfer money to and from sports books. You can only use this technique once which each sports book.

You will need to locate a number of sports books that offer a free bet. Arbitrage can be done with 2-4-8-18-32-64 sport books. The more sports books you include, the more money you can earn. You can usually earn USD 25-50 for each sports book included in the arbitrage.

Make sure that you can withdraw your deposit if you lose your free bet. This is often, but not always possible. The free bet is usually considered a bonus if you win the free bet. If you lose then the money in your account is usually consider your money and can be withdrawn. Get to know more about gambling activities which take place on broadcasting, data casting and online platforms by visiting https://www.infrastructure.gov.au/media-technology-communications/internet/internet-governance/interactive-gambling

Do not try this technique in sportsbooks that do not allow you to withdraw your money if you lose your free bet. If you are not allowed to withdraw your original deposit, then this will not work.

How to do it

Once you have registered with different sportsbooks and claimed your free bet you pair the different sportsbook in a betting bracket. You then place the opposite bet in different sportsbooks using your free bet so that you win in one sportsbook and lose in another. Skillfully choosing the game to bet on should allow you to retain 90% or more of the free bet value. The sports books with the losing bets have served their purpose, and you can withdraw your money from these brokers. In the remaining sportsbooks, you will have winning bets. The winnings are considered a bonus and need to be wagered a certain amount of times before you can withdraw your money. To solve this problem, you repeat the process of placing opposite bets in different sportsbooks until you only have one sportsbook left where you should have a large sum of money you have won and for which you have met the wager requirements so that you can withdraw the money. (always double check this before you try to withdraw your money.

Doesn’t the sports books get what they deserve?

I sometimes get told that you should use this technique because the sports books deserve to get scammed. They rig the game to make sure they win your money. There might be some truth to this if sports betting was a luck game, like a casino. But the truth is that sports books offer a service that allows you to win money by being a skilled punter. The game is not rigged to guarantee that the sports book wins money.

Most people do not take the time to learn how to make money betting on sport. But that is not the sports books fault. The sports book offers a service where you can make money if you are skilled. They just bank on the fact that most sports bettors aren’t skilled. They offer you a fair chance to win. It is the people who bet without doing their research that deserve to lose. Not the sports book that gives you a fair chance to win. Since they offer us a fair chance to win, we should try to win fairly without resorting to this type of schemes.

Which events to bet on

Which events to bet on

Which sports you chose to bet on will affect your chance of winning money. There is no given answer to the question of which sport you should choose to focus on to maximize your chance of winning money. Which sport that is best will depend on your personal knowledge and interests as well as the gambling opportunities provided by the Sports books. You need to bet on a sport that you know a lot about and that the sports books are taking bets on. You might be an expert on a small local sport but that does not matter if there are no sports books taking bets on that sport.

Most popular sports to bet on

Association football (Soccer)

The most popular sport to bet on is football. In the united states, the most popular sport is American football, globally the most popular sport is association football, in the US better known as soccer. Soccer is the by far most popular sport in the world to bet on. It completely dominates the betting markets in Europe and South America. It is popular almost every where but the US.

Most sports book offer a huge selection of soccer games to bet on every day. They offer you to bet on the top leagues as well as lower leagues.

The popularity of soccer means that you will never have to worry about finding games to bet on. The drawback of betting on soccer is that it is so popular. The sports book spend a lot of time and effort to make sure they set the odds correctly, and it can be hard to find games that offer good value. You will need to spend a lot of time researching soccer to be able to make any money. Checkout about licensed businesses that offer gambling on https://www.gamblingcommission.gov.uk/

A way around this can be to bet on games in the lower leagues. These are less popular and it can be easier to find bets that offer good value. Being an expert on a lower tier league can be done without spending all your time researching soccer.

Tennis

It might sound surprising but Tennis has become a very popular sport to bet on. It is the second most popular sport in the Uk and parts of Europe. I do not recommend that you specialize in betting on tennis. The number of events that are played are limited, and the odds are usually well researched which makes it hard to make money.

Ice Hockey

Ice hockey is another very popular sport. Most sports books offer betting on NHL as well as all the major leagues in Europe. Many also offer a selection of games from lower-tier leagues. Betting on Ice hockey comes with the same drawbacks and opportunities as betting on soccer.

Choosing a sport to bet on

The number one thing you should consider when picking which sport to bet on is which sport you are interested in. A burning love for the sport you bet on is required to become a successful sports bettor. It is very hard to become successfully if you do not like the sport. It is hard to obsess over every little detail if you do not find it interesting. You should therefore always bet on the sport that you like best. Provided that there are sports books offering you to bet on that game. If not you should focus on your second favorite sport.

The second think you should think about when you are deciding which events to bet on is if you have a favorite team. If you have a team you consider to be your team. This might cause you to be biased in their games and make bets that you otherwise would not do. I, therefore, recommend that you refrain from placing bets on games that include your favorite team. I, personally, prefer to never bet on the league my favorite team plays in.

Is the sport and league you have chosen to bet on popular? If so this can be both a benefit and a drawback. I personally consider it to be a drawback. The advantage is that you will find a lot of games to bet on. The drawback of betting on popular sports, on popular leagues is that a lot of other people do the same. This means that the sports books will have a lot of money riding on each game. The sports book will therefore spend a lot of resources to make sure that they set the right odds for these sports. To make sure that they set odds that will make them money. This makes it hard to find odds that offer you good value as a gambler. Once in a while, you will see an odds that is set poorly but most of the time the odds will be well set which makes it harder to make money. I personally prefer to bet on less popular sports and leagues as the sports books pay less attention to them and pay less attention to how they set the odds. It is easier to find value in less popular sports. I personally recommend that you focus on a less popular sport or a lower league of a popular sport.