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-   -   new footy betting option (http://forums.ozmium.com.au/showthread.php?t=13844)

punta 16th June 2006 04:24 PM

new footy betting option
 
just browsed through the sportstab website and had a look at the bris v st george game and noticed a betting option called "spread betting"

its says...

bris(-3.5)
st george(-0.5)

can anyone explain this to me please

thank you in advance

discipline pays 16th June 2006 04:54 PM

go to sportsacumen.com.au , they market themselves as the spread betting e*****s, they have an explanation there or onthepunt.com.au they have an explanation there

Sportz 16th June 2006 04:56 PM

punta,

It's basically the same as line betting, except that both teams are handicapped by an extra 2 points. (Brisbane -3.5 instead of -1.5, St George -0.5 instead of +1.5) As a result, instead of Tab Sportsbet's regular $1.85 for "line" betting, the price is usually around $2.00. (St George are actually much shorter in the game you mentioned, but that's because there's been a plunge on them)

As a result of the extra 2 points handicap, there are actually 4 possible results, where a bet on neither team wins and the bookie scoops the pool. For example, in that St Geo/Bris game, if Brisbane wins by 1, 2 or 3 points or the game is drawn, then no punter would win.

discipline pays 16th June 2006 05:02 PM

correct.... i was thinking of spread betting as in index betting





Sportz 16th June 2006 05:08 PM

Yeah, most bookies have something similar. Some call it an "even money line" or something like that. With Centrebet, they call it "points" betting and their price is $2.10 for both teams.

punta 18th June 2006 11:36 AM

thanks for the explanation guys
much appreciated


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