Spread Betting Guide Page 4
The Spread Betting Theory
By now you may be wondering how you can actually guarantee a profit from the world of spread betting, as in the end it really is 50:50 whether or not you win or not, and though you may fancy these odds right now you can be sure that when you do go wrong you'll stand to lose a lot of money.
The way you earn is very similiar to the matched-betting process, whereby you go after the bookie's bonuses, as mentioned on the first page of the website. Spread betting is performed online at the firms websites, and these often offer sign up bonuses, just like normal online Bookmakers.
You then sign up to one of these spread betting websites offering the bonus, and you counteract the bet which you make by using another spread betting website. Usually you do this to lose a set amount of money when qualifying for the bonus available, but usually you can earn about %80 or so of the bonus as your own money to keep.
There are usually a handful of spread betting firms available online that offer cash bonuses after you have risked a certain amount of your own money. You will need to find two of these firms to begin with, and at least one of them needs to offer a bonus as this is what you will be trying to earn. You can probably find these firms listed on the cashback sites which are linked to from this website, and at the bottom of this article. If not you can probably just search Google, but make sure you sign up via a cashback website, as you'll earn far more money.
When you have found an offer to go after at a spread betting firm, make a note of any set amounts which you have to risk, as this will be an important factor to take into consideration. The idea is to buy a certain amount at one of the firms, and then counter this at another spread betting firm by selling a certain amount. This will no doubt mean you lose a tiny amount of cash, but you will make yourself elligible for the cash bonus (aslong as you have met the certain criteria).
Usually the way this will work is that at one firm, you will have to pay out an amount that corresponds to the amount of goals scored. If lots of goals are scored, you will have to pay out a lot if you sold (went lower). However by the method mentioned above, this will be opposed by winning an equally large amount at the second firm (you would have done the opposite to the other firm, in this case you would have won a lot because you brought (went higher). These two will cancel each other out, meaning you haven't won or lost anything (may have lost a few quid, but this is because its hard to get an equal match as the different firms will offer different odds no doubt). This would have hopefully then met the firms criteria, and the cash bonus would then be yours, aswell as any cashback earnt from signing up.
 |
