INDEX (EUROPEAN SPREAD BETTING) ON US SPORTS

TWayne

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• Feb 24, 2003

• #1

Anyone know of some books who offer index/spread betting on US sports? Sporting Index (UK) offer same on NBA and NFL, but in both cases, on the sides only. There are no spreads offered on totals. In reality, spread betting (index betting) is ideal, but one needs great caution, for sides and totals in football and basketball. Thought there might be some book/s -actually I saw one but can NOT remember its name- that is primarily an American sports book. Anyone know anything?

Thanks for your time.

 

Igetp2s

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• Feb 26, 2003

• #2

VIP

 

Duckstabber

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• Mar 1, 2003

• #3

TWayne,

Sporting Index (Spin) as well as IG Sport offer spread betting on US sports. (Baseball only at Sporting Index as far as I remember)
Spin offered spreads on NFL-totals this season and NBA-totals last year but they don't seem to do NBA anymore. Last year they also had MLB-totals but I don't know about this season...

 

jjgold

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• Apr 17, 2003

• #4

vip is becoming strong here with this type of betting and always adding new stuff and geared to american sports

baskets/football though I would use action points at like 5 dimes, better value

Yes very dangerous form of betting and must be careful

 

Fletch

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• Jun 28, 2003

• #5

bethilo.com do sides and totals on MLB

 

oilman

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• Jul 8, 2003

• #6

THat is a very well done site (bethilo), but I've never heard of them. Anyone with some information on these guys?

 

• Jul 8, 2003

• #7

Wow, this spread betting looks fun. I might open an acoount with one of them.

bethilo seems to be a sister book of Sporting Index.

http://www.online-betting-guide.co.uk/guides/bookie-info.asp?bk=17

 

krackerjack

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• Jul 29, 2003

• #8

Can someone explain spread betting?

 

Potter

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• Jul 29, 2003

• #9

Hi KJ,

Here's an example of the fundamental concept.

Green Bay play Oakland,the books reckon that total points will be around 46 points,so they quote a spread of 45-47.

If you think there will be less than 45 points you "sell" at 45.

If you think there will be more than 47 points you "buy" at 47.

If you buy at 47 and there's 56 points then you win 56 minus 47 multiplied by the unit stake that you specified....but if you buy and there's only 20 points scored then you lose 47 minus 20 multiplied by your unit stake.

Basically the more correct you are the more money you win,but the flip side is that the more wrong you are then the more you lose.

It can be very volatile.

Almost anything that you can stick a number on you can spread bet on.

Time of the first TD
Longest FG
Recieving yards
Penalty yards
First half points multiplied by second half points.
Total shirt numbers of the TD scorers.
Rushing yards of named players.

etc,etc.

P.

 

• Jul 29, 2003

• #10

Here is an another example.

Cincinnati at Colorado total runs 10-10.5

You bet that there will be UNDER 10 runs and your stake $1. Lets see your payout with a different amounts of runs.

1 = Profit $9
2 = Profit $8
3 = Profit $7
4 = Profit $6
5 = Profit $5
6 = Profit $4
7 = Profit $3
8 = Profit $2
9 = Profit $1
10 = Profit $0
11 = Loss $1
12 = Loss $2
13 = Loss $3
14 = Loss $4
15 = Loss $5
16 = Loss $6
17 = Loss $7
18 = Loss $8
19 = Loss $9
20 and more = Loss $10

So you staked $1, but actually your stake is $10, because that's your maximum loss. If it goes OVER total just a little bit, you won't lose all $10.

Same game and same $1 stake. You think it goes OVER 10.5

1 = Loss $9.50
2 = Loss $8.50
3 = Loss $7.50
4 = Loss $6.50
5 = Loss $5.50
6 = Loss $4.50
7 = Loss $3.50
8 = Loss $2.50
9 = Loss $1.50
10 = Loss $0.50
11 = Profit $0.50
12 = Profit $1.50
13 = Profit $2.50
14 = Profit $3.50
15 = Profit $4.50
16 = Profit $5.50
17 = Profit $6.50
18 = Profit $7.50
19 = Profit $8.50
20 = Profit $9.50
21 and more = Profit $10.00

 

jjgold

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• Jul 31, 2003

• #11

SPREAD BETTING IS A RIPOFF PERIOD!!!!

EXAMPLE

GIANTS AT OFFSHORE BOOK ARE -3

A SPREAD FIRM WILL HAVE THE PRICE 2-5!!!!!

JUST BET ACTION POINTS ON THE GIANTS AT -3 OFFSHORE.

NOW IF YOU BUY THE GIANTS 2-5 AT A SPREAD BETTING FIRM YOUR LAYING -5!!!! RIPOFF

GOOD LUCK

 

Fletch

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• Jul 31, 2003

• #12

Can you bet action points on baseball?

 

Potter

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• Aug 1, 2003

• #13

It's fairly common for quotes from the various firms to differ so if one quotes a supremacy of 2-5 & another goes 1-4 you can reduce the size of the spread(and the theoretical margin) by going with the best quote.

Not taking the best quote in spread betting always costs you money,win or lose.

Also if you're betting action points it costs you 110 per point per 100 staked if you lose,so that's where the margin's to be found.

P.

 

jjgold

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• Aug 1, 2003

• #14

VIP has action runs