This is one of the most eventful starts to a football season in years which makes predictions that much more volatile in the sports betting market. Look around for a selection of free bets offered by a website and pick a value of the free bets that your happy with and doesn’t stretch you financially.

There’s a couple of ways at looking at the strategy for making the most of football free bets, that is that you can go for broke with one bookmaker and take up their offer of a large value in free bets, say 200 pounds. The caution here is that you’re committing your budget to one bookie and so narrowing yourself to their odds. They’re bound to offer the range of sports betting options that you would expect but you really need as many options to choose from to get maximum return from your online betting strategy.

The better way to approach it with an example budget of 200 pounds would be to break it up into smaller free bets with a number of sports bookmakers. This obviously gives you the option to hop between the bookies is one is offering better odds than the other. Your football free bets can be taken advantage of with each bookmaker by opening your account with say a deposit of 25 GBP and if you did this to a budget of 200 quid you naturally have eight different bookmakers that you have accounts with and can monitor for the odds they offer for any particular outcome on a match.

Because you’ve taken advantage of the football free bets, you have now doubled your budget and actually doubled it. All you’ve done is deposit with the bookies and they have matched it before you’ve even made a stake! Not bad for doing nothing – yet.

It’s precisely the type of event like Jose Mourinho leaving Chelsea that starts to give the season a bit more spice. Nobody saw it coming for certain and when it did, it puts one of the favourites for the premiership title much lower down in the bookmakers eyes.

This together with, say Rooneys’ injury, all starts to rock the football betting world because things have been shifted from the norm. This also brings the volatility to the market and this benefits you if you like to bet in a less stable environment. It’s not quite the case but more games get closer to an “anything can happen” state which in turn can improve your odds.

So the spread of your football free bets is a good idea to give you more choice and opportunity to place your football bets on a number of outcomes and also to give you the best chance of getting the best betting odds.

Don’t forget though that the sports betting world, when it comes to football, offers betting on far more than just the outcome of a match. You can place bets on who will be the next manager of a team, highest scorer in a match, fastest goal scored in a season and so on but you can always use the free bets towards these punts as they form part of your online betting fund.



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It wasn’t so long ago, that if you wanted to wager on sports, you could only do so by jumping on the bus to the local high street bookmaker, checking out the odds that were on offer and placing a rather boring bet.  Times really have moved on though over the last ten years and we now have a whole host of betting facilitators that can be used to place sports bets including spread betting companies, betting exchanges and the traditional bookmaker.

 

Bookmakers

 

A bookie is your traditional betting outlet that could be found all over the high street, in casinos (in the USA), and in vast numbers on the internet.  Bookmakers tend to be rather limited with the type of bets that they take and generally stick to simple ‘backing’ type bets.  They set the odds that they are happy with and there is no room for manoeuvre with this.  Most people that are new to gambling will find it easiest to place their first wager with a bookmaker due to its simplistic and user friendly design. 

 

So what types of bet are best placed with a bookie?  Well firstly if you want to add a number of selections to your betting slip (this is known as an accumulator) then go with the bookie.  Their odds stay the same for long periods so you should not become disrupted by market changes.  Also check them out if you are looking to simply back a selection as there are many out there that can be compared and you can find some very realistic odds.  You do not pay tax on your winnings and the bookie does not charge any commission like an exchange does.

 

Betting Exchanges

 

The betting exchange has become really big business and has taken a lot of market share away from the bookie.  Exchanges such as Betfair and Betdaq, are betting facilitators in the sense that they do not actually take any bets themselves but simply act as an intermediary between you, and other prospective gamblers.  Due to the fact that you aren’t betting against professional odds setters, what you can find in the way of odds can be much more in your favour than with a professional bookie. 

 

One of the main features of the exchange is that you are not just limited to backing selections.  If you have a pretty good idea that a horse will not win a race you are able to bet on this.  By placing this type of bet, you are essentially taking the responsibility away from the bookie whose job this usually is.  Bear in mind that when betting with an exchange, you will usually be charged commission that ranges between 2-5%.  This should be factored in when you compare odds around different betting sites.

 

Spread Betting companies

 

Spread betting is a form of sports gambling that takes its roots from the financial markets.  Your goal when spread betting is basically to guess the correct outcome of a sports event, but rather than being able to win/lose a set amount, your win/loss is determined by how accurate your bet was.  For example if a spread betting company offered a spread of 8-9 corners in a football match, and you thought there was going to be more than 9, you could place a bet on this.  Your unit stake might be £5 and if there were 12 corners you will have won £15.  If however there was only 1 corner, then you would in fact lost £35.

 

Spread betting can take a while to pick up so is you are new to sports betting.  If you do start to dabble in the spread betting then make sure you start off with small stakes until you firmly have your feet on the ropes. 

 

Whichever method you use to further your sports betting experience, good luck to you!  Just remember – we have never had it so good!

 

 



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Unlike the popular belief of many, spread betting started out back in the early 1900’s. The term ‘bucket shop’ was different back then, it was a roomful of clerks (bookmakers) hurrying around placing bets with stock symbols and prices all over the walls of blackboards and chalks. Today, the term ‘bucket shop’ has evolved with a different meaning.

During the times of the great depression in 1940’s, a mathematics teacher, Charles K. McNeil, who lived in Connecticut, invented spread betting. It became popular in the United Kingdom in the late 1970’s and is becoming even more extensive as the economy  drops to its shame again.

One could say that spread betting is a world renowned way of gambling. But if you look at it, it is something different and more extensive than a simple win or loses.  Instead of placing bets on which team will win or lose at the Superbowl tournament or on a horse racing event, you bet on the difference or ‘spread’ between the scores of the two competing teams, whether  the score will be greater than or less than what value the bookmaker specified. For example, the bookmaker advertises a spread (the difference between the two scores) of 8 for a basketball game. You favor Team A over Team B because they have won three consecutive championship games over the last three years. You bet on your favorite team $100 for every point. The game ends and interestingly, Team B wins the game.  Let us assume that Team A scored 98, and Team B, 102. The bookmaker had advertised a spread of 8. You win if Team A’s score minus the spread is more than that of team B’s score.  In this scenario, you lose by 12 points, which is, $1200. Now, this kind of spread betting in sports is also widely known as over-under, which is famous in North America.

The winning that you could get if the result of the game was the contrary, the amount is astonishingly enough. But given the example above, the losses can also be quite disheartening.  To prevent yourself from losing too much, you can consider using a stop loss. You could indicate an amount that you could afford to lose in the event that the spread amount is against you wager. This way, the bet automatically closes as soon as the specified amount is reached.

If you are determined to enter such trade, be mindful of the possibility of losing and use the necessary tools and strategies to avoid a great mishap. The most effective way of making calculated risks is mainly research. If you are putting a wager on a hockey game or on the stocks of a particular commodity, it’s very important to know the history of the team or the commodity and also its capacity in the game or in the market. Surprisingly, it is also essential that you get the expertise in knowing the basics by heart. Know the rules before placing a bet, consider the possible outcome, whether you are going to win or lose.



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Whether you are new to betting on horse racing or not, I hope that you’ll find this article useful as it explains three different channels for betting on horse racing. They are all quite different to each other, and there are nuances that if you’re not sure about them, could mean you don’t win as much as you should.

It will also help you to understand which way is more appropriate to the way you want to bet, because different people prefer different methods. Maybe you’re hoping to interpret a horse racing tipster more effectively or maybe you just want to understand the basics. Whichever you are, the following will give you a grounding in what to look for.

Betting on Horse Racing 101

The three different means of betting on horse racing that we are going to look at are standard or traditional betting, spread betting, and Tote betting which is more frequently referred to as betting on the Tote.

I should also mention that recently, matched betting has also risen in popularity but this is perhaps not as common as the other three and that I will cover it in a separate article.

I would advise that if in particular you’re a beginner, that you do not attempt matched betting unless you have a solid grasp of the standard forms of betting on horse racing, otherwise you are only going to get confused and potentially lose money.

Standard Betting Explained

So, the first form of betting that we’ll look at is standard betting. This is still the most popular way of betting on horse racing and the one that most people tend to use when they start out betting. In fact, it’s still the way I continue to bet today.

Simply put, when you place a standard bet, whether its a bet to win (where the horse must win the race for you to win your bet), or an each way bet (where the horse can finish in the first three or four places), the bookmaker lays out their odds for each horse and these are set in stone, that is to say they cannot be negotiated. Odds do fluctuate and change depending on how much money is being placed on the individual horses, but the prices are always determined by the bookmaker.

To place a bet in this fashion, you simply select your horse, see if the odds appeal to you and if they do, you place your bet. Once you have placed this type of bet, as a punter you know exactly what you are going to win (or lose) right from the start, and so most people are comfortable with this type of bet since you can manage your money more effectively, and this is so very important as a punter.

Why Is Spread Betting Different?

Spread betting has become more popular in horse racing in recent years, although it started out as being more popular in sports such as American football, rugby and cricket; sports where there is potentially a large flexibility in the winning margin. It is also a popular method of betting for those who trade the financial markets.

Using this type of betting for horse racing is definitely not for the beginner, nor the faint hearted, as there is generally the possibility that you do not know how much you stand to lose if you’re unfortunate enough to do so.

To explain this as concisely as possible, spread betting on horse racing is taking either the jockey index, winning distance or the distance of places between individual horses, and so involves a fair amount of guessing on the margin, known as ‘the spread’ between them.

It can be a very lucrative way to bet on horse racing, however the problem that I have with spread betting is that you’re never entirely sure exactly how much you stand to lose, and so can quickly run yourself into massive debt without realising it if you are not careful.

It is also a very technical means of betting on horse racing and as I’ve already mentioned, I do not recommend this if you are a novice. In fact I do not entertain spread betting at all I must admit, it just is not for me.

Betting On The Tote

Betting on the Tote, or Tote betting, is a relatively safe way of betting on horse racing as there are low minimum stakes and your losses are controllable.

In Tote betting, all of the monies from the bets placed on individual races are collected into what is called a ‘pool’. After the cost deduction of the bookmaker (The Tote) is deducted, the remaining amount of money is divided out amongst the total amount of winners for that particular horse.

Just like with standard betting, you know exactly how much you stand to lose if your horse does not win the race, but the Tote is also unique in that you may stand to win more than you would through the ‘traditional’ racecourse bookmakers. Depending on how big the pool is for the race and which horse wins, makes it possible to win more than you think you will.

It is also down to the fact that the Tote calculates their prices differently to the traditional bookmakers and is why the Tote is as popular a way of betting on horse racing today as its always been, particularly for the novice because you can bet with very low stakes and so it is ideal if you are just starting out.



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