How To Make Money From Spread Betting
Before you start spread betting it is very important that you read this spread betting guide, and that you understand exactly how it works. Spread betting involves placing bets where you can lose more money than you stake, so you must be careful when performing spread betting.
Step By Step Guide To Spread Betting
Join a few spread betting firms, funding each of your accounts with about £150. If you can find a spread betting firm with a promotional free-bet or sign up bonus then try joining that one first, if not just join a few spread betting sites. We recommend that you join the Sporting Index spread betting firm. You can join them by clicking the banner on the right-hand-side of the page.
Look for odds to buy (go higher than the spread) at one spread betting firm, and compare them against the odds to sell (go lower than the spread) at another spread betting firm. When you find odds to sell that are higher than the odds to buy, you have found an arbitrage opportunity, or a chance to profit from spread betting.
Buy the spread at one spread betting site, and then sell the same spread at the other spread betting site, locking in a profit.
Repeat steps 2 - 3, finding spread betting opportunities that enable you to make money from the difference in spreads.
Important: It is hugely important that you understand how spread betting works. Read this spread betting guide to give you some more information on the subject. If you make an incorrect bet you could end up losing more money than you had staked, so be careful when using spread betting websites to make money.
Explanation Of Spread Betting
Making money from spread betting is very similiar to making money from arbitrage betting. With arbitrage betting you are relying on finding high odds to back an event at a bookmaker, and lower odds to lay this event at a betting exchange, thus enabling you to lock in a profit no matter what happens in the event. Spread betting is very simliar, because you are looking for odds to buy or sell which are higher/lower than the odds to buy or sell at another spread betting website. So if you were to buy at a certain rate at one spread betting firm and then sell the same event at a higher price at a different spread betting website, you will be guaranteed a profit no matter what happens.
