Football spread betting is a great way have a punt . Punters check out a prediction and then decide whether to bet higher (Buy) or lower (Sold). It seems easy and it is, But it does have its draw backs . Some things you need to know .

There are a lot of different bookies wanting your money and a lot of different football markets you put a punt on so be careful.

If you’ve ever won a punt but been disappointed with your winnings because you were on the money with your prediction but the pay out was poor then spread betting could be for you.

With spread betting, the more your prediction is right the bigger your pay out will be but be warned the more your prediction is wrong the more you could lose.

So how does this spread betting work?

Each time your bet does well during the game, say your team wins a corner, you earn more points.

So during the course of a game, the team or individual you are backing can earn points for achieving specific criteria laid down by your bookie. For instance, if you put money on a player’s performance, they could earn the following points:

Goal scored: 25 points
Goal assist: 10 points
Shot on target: 5 points
Forcing a corner: 3 points
Free kick won: 3 points
Pass to own player in opposition half: 2 points
Free kick conceded (including offsides): -3 points
Yellow card: -10 points
Red card: -25 points

As an example of how many points can be accumulated during a game, lets say Team Green is playing Team Red.

Now the bookies estimates that Team Greens striker’s performance will be around 60-65 points for this match. Therefore, if you thought the striker was going to play well, you would buy his performance at 65 points. If you staked $10, then for every point higher than 65 your bookie will multiply your stake by that amount.

So let say our striker recorded 73 points, so you have now won $80 – the difference between 65 and 73 x $10 = $80. But now this is the big BUT the bad news comes if our striker played badly and got a red card. He records only 50 points which means you now lose $150. That 65 – 50 x $10 that you have to pay the bookie. Not just the $10 you put down. So with Football spread betting. You can win big, but you can also lose more than your original stake.

What is exciting and unique about spread betting  is that you don’t have to worry if the right player will score the first goal or your team will win with the correct score , like in fixed-odds betting.

As with any type of betting a sound knowledge of the subject is vital , It pays to do your research and get a feel for how the market is going. A great place to do this is OLBG. They have daily hot tips with a betting forum for all the tipsters.

But it isn’t just football that punters can get involved with as OLBG because they cover a huge range of sports including racing, rugby, cricket, golf, and tennis from all over the world.

Before you get into spread betting it pays to get some guidance and help in all its markets, along with how to use a ‘stop loss’ account which will cap the amount you can will won but better still put a cap on the amount you can lose.

Find out more about football spread betting and OLBG.