Spread betting offers two main categories: the Asian spread bet and the European spread bet. Here's a breakdown of how they operate:
Asian Spread Bet:
The Asian spread bet involves two options: Team 1 winner and Team 2 winner. It can have integer values or decimal values such as 0.25, 0.50, 0.75, and 1.00. Unlike European spread bets, the Asian spread bet does not include a "Draw" or "Tie" option. However, it allows for the possibility of full or partial returns on bets, offering greater flexibility to bettors.
In sports like soccer, Asian spread bets can be placed on goals, corners, or cards, providing a wider range of options compared to simple team victory bets. In basketball, Asian spread bets are also more popular as they offer more options when dealing with disproportionate odds ratios.
European Spread Bet:
The European spread bet, on the other hand, offers three options: Team 1 winner, Draw, and Team 2 winner. The values for this type of spread bet are limited to integers such as +/- 1.00, +/- 2.00, +/- 3.00, and so on. To illustrate how it works, let's use Team 1 and Team 2 as examples.
If a team starts with a spread of -2 (equivalent to a starting score of 0:2), it must prevail with a difference of at least 3 goals to win the bet. If the team wins with a score of 2:0, the bet will be considered a "Draw." In the case of a 1:0 victory, the bet labelled "Winning Team 2" will be deemed a draw.
Popular Types of Asian Spread Bets:
1. Spread 0: The chosen team must win, and in the event of a draw, the stake is returned.
2. Spread +0.25: The selected team must win, and in case of a draw, half of the bet is returned while the other half is a winner.
3. Spread +0.50: The chosen team must win, or the game must end in a draw.
4. Spread +0.75: The chosen team must win, or the game must end in a draw. If the team loses by 1 goal, only half of the stake is returned.
5. Spread +1: The chosen team must win, or the game must end in a draw. If the team loses by 1 goal, the stake is fully returned.
6. Spread +1.25: The chosen team must win, or the game must end in a draw. If the team loses by 1 goal, half of the bet is returned, and the other half is a winner.
7. Spread +1.50: The chosen team must win, end in a draw, or lose by a single goal.
8. Spread -0.25: The chosen team must win, and if the game ends in a draw, only half of the bet is returned.
9. Spread -0.50: The chosen team must win.
10. Spread -0.75: The chosen team must win by at least 2 goals. If they win by 1 goal, half of the stake is won, and the other half is returned.
11. Spread -1: The chosen team must win by at least 2 goals. If they win by 1 goal, the stake is fully returned.
12. Spread -1.25: The chosen team must win by at least 2 goals. If they win by 1 goal, half of the stake is returned.
Popular Types of European Spread Bets:
1. Spread -3 1: Team 1 must win by at least 4 goals.
2. Spread -3 X: Team 1 must win by exactly 3 goals.
3. Spread +3 2: Team 2 must not lose by more than 2 goals.
4. Spread -2 1: Team 1 must win by a minimum of 3 goals.
5. Spread -2 X: Team 1 must win by exactly 2 goals.
6. Spread +2 2: Team 2 must not lose by more than 1 goal.
7. Spread -1 1: Team 1 must win by at least 2 goals.
8. Spread -1 X: Team 1 must win by exactly 1 goal.
9. Spread +1 2: Team 2 must not lose the game.
10. Spread +1 1: Team 1 must not lose the game.
11. Spread +1 X: Team 1 must lose by exactly 1 goal.
12. Spread -1 2: Team 2 must win by at least 2 goals.
Understanding the different types of spread bets can help you make more informed decisions when engaging in spread betting activities.