Spread betting explained: How it works for sports betting

Spread betting is a unique form of gambling in which a punter bets on whether an event will finish above or below a spread set by a bookmaker.

Unlike fixed-odds betting, your profit or loss depends on how correct you were, making this a discipline not for novice bettors.

Spread betting on the financial markets is one option, but sports spread betting is also available in the UK, with a handful of betting sites offering the service.

The Standard has now put together a guide to sports spread betting for those wanting to know how to bet on sports using this method.

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