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Spread Bets

splashiessplashies
edited March 2011 in Betting Chat

risky stuff what factors are you looking for before using making your selection

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  • splashiessplashies
    edited March 2011
    So a new week and a new challenge.

    This one involves spread betting and the bookings points market.

    In this market you have the option to "sell" or to "buy". A typical spread for this market would be 34-38. Whereby, you would sell if you think the booking points will be less than 34 and you would buy if you think the booking points will be more than 38.

    Yellow Cards = 10 points   Red Cards = 25 points

    This type of betting can carry more risk, so my starting bank will be £50. Each unit stake will be 0.30% of my bank. This sounds small, but is actually quite big because the risk is a lot greater in spread betting.

    All of my picks will be matches that i think will be over the quoted spread price, therefore i will only be "buying".

    So here goes.

    Bank: £50
    Stake: £0.15

    Date    Bet     Home      Away   Sell  Buy  Stake  Result  Profit
    21-Feb  1   West Ham Burnley   34   38   0.15

    Any questions please ask.
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  • splashiessplashies
    edited February 2011
    In Response to Re: I'm back with Bad Boy Spread Betting:
    risky stuff what factors are you looking for before using making your selection
    Posted by BADBOY985
    Yes it is, but that's what makes it interesting. That's also why I have reduced my bank to £50. If it all goes wrong then it's no biggie.

    My first pick isn't generally good value but I just wanted to get the ball rolling.

    My future selections will be based on fouls/cards league table and also referee tables.

    Do you have any advice for selection criteria?
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  • BADBOY985BADBOY985
    edited February 2011
    Think youve covered the most important 2 refs and reputations any side with a strong arm reputation i.e stoke/blackburn ect playing at the emirates or old trafford and any team with a good hot head joey barton/lee bowyer ect
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  • splashiessplashies
    edited February 2011
    Ok so I have finally figured out how to post my excel spreadsheets on here. (Courtesy of Merenovice.) Turns out this forum doesn't like Chrome.
    DateBet Home AwaySellBuyStakeResultProfit
    21-Feb1West HamBurnley3438£0.15  
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  • achillachill
    edited February 2011
    What bookie r u using?
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  • splashiessplashies
    edited February 2011
    In Response to Re: I'm back with Bad Boy Spread Betting:
    What bookie r u using?
    Posted by achill
    Not sure I'm allowed to mention other site's names on this forum. It's solely a spread betting site though.
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  • achillachill
    edited February 2011
    ok.

    Looks like ur £2.10 down.
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  • splashiessplashies
    edited February 2011

    DateBet Home AwaySellBuyStakeResultProfit
    21-Feb 1West HamBurnley34 38£0.15  20-£2.70
    Starting Bank: £50
    Current Bank: £47.30
    Bets: 1 S/R: 0%
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  • splashiessplashies
    edited February 2011
    In Response to Re: I'm back with Bad Boy Spread Betting:
    ok. Looks like ur £2.10 down.
    Posted by achill
    Yeh not a great start, but this game shouldn't have strictly been a selection. Just wanted to start the thread off with a bet today.

    I lost £2.70, (38-20) x 0.15 = £2.70

    Oh and I changed the colour scheme on my spreadsheet. Didn't want Peterborough blue and white, yuck!
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  • splashiessplashies
    edited February 2011
    DateBet Home AwaySellBuyStakeResultProfit
    21-Feb 1West HamBurnley3438£0.1520-£2.70
    23-Feb 2ArsenalStoke3438£0.14  
    There are no selections for Tuesday and there is one on Wednesday. New Stake of £0.14. which equates to a maximim risk of £5.32 if Pete Walton shows no cards at all.
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  • splashiessplashies
    edited February 2011
    I have another for Wednesday.
     Date Bet   Home   Away Sell Buy Stake Result Profit
     21-Feb   1  West Ham  Burnley  34  38  £0.15     20-£2.70
     23-Feb   2  Arsenal  Stoke  34  38  £0.14  
     23-Feb   3  Inter Milan  B.Munich  40  44  £0.14  
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  • splashiessplashies
    edited February 2011
    One winner and one loser for today.
    DateBet Home AwaySellBuyStakeResultProfitTotal P/L
    21-Feb1West HamBurnley3438£0.1520-£2.70-£2.70
    23-Feb2ArsenalStoke3438£0.1430-£1.12-£3.82
    23-Feb3Inter MilanBayern M.4044£0.1450£0.84-£2.98
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  • splashiessplashies
    edited February 2011

    Ok one for tonight.

    DateBet Home AwaySellBuyStakeResultProfitTotal P/L
    21-Feb1West HamBurnley3438£0.1520-£2.70-£2.70
    23-Feb2ArsenalStoke3438£0.1430-£1.12-£3.82
    23-Feb3Inter MilanBayern M.4044£0.1450£0.84-£2.98
    24-Feb4Man CityA.Salonika4044£0.14  
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  • achillachill
    edited February 2011
    There was one booking in the first leg.

    What makes u think there be 5+ tonight?
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  • splashiessplashies
    edited February 2011
    In Response to Re: I'm back with Bad Boy Spread Betting:
    There was one booking in the first leg. What makes u think there be 5+ tonight?
    Posted by achill
    /> Man City are in the top 3 dirtiest sides in prem this season
    /> Aris Salonika's last 6 league games average 70 booking points.
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  • splashiessplashies
    edited February 2011
    Small loss tonight.
    DateBet Home AwaySellBuyStakeResultProfitTotal P/L
    21-Feb1West HamBurnley3438£0.1520-£2.70-£2.70
    23-Feb2ArsenalStoke3438£0.1430-£1.12-£3.82
    23-Feb3Inter MilanBayern M.4044£0.1450£0.84-£2.98
    24-Feb4Man CityA.Salonika4044£0.1440-£0.56-£3.54
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  • splashiessplashies
    edited February 2011
    Two bets today.
    DateBet Home AwaySellBuyStakeResultProfitTotal P/L
    21-Feb1West HamBurnley3438£0.1520-£2.70-£2.70
    23-Feb2ArsenalStoke3438£0.1430-£1.12-£3.82
    23-Feb3Inter MilanBayern M.4044£0.1450£0.84-£2.98
    24-Feb4Man CityA.Salonika4044£0.1440-£0.56-£3.54
    26-Feb5SwanseaLeeds4246£0.14  
    26-Feb6NewcastleBolton3236£0.14  
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  • splashiessplashies
    edited February 2011
    Both my selections make a profit today.
    DateBet Home AwaySellBuyStakeResultProfitTotal P/L
    21-Feb1West HamBurnley3438£0.1520-£2.70-£2.70
    23-Feb2ArsenalStoke3438£0.1430-£1.12-£3.82
    23-Feb3Inter MilanBayern M.4044£0.1450£0.84-£2.98
    24-Feb4Man CityA.Salonika4044£0.1440-£0.56-£3.54
    26-Feb5SwanseaLeeds4246£0.1460£1.96-£1.58
    26-Feb6NewcastleBolton3236£0.1445£1.26-£0.32
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  • splashiessplashies
    edited February 2011
    Today's selection is West Ham v Liverpool. The spread is 26-29, so I'm staking £0.15 on over 29.

    I'm not at my PC at the minute so will update the spreadsheet later.
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  • splashiessplashies
    edited February 2011
    A loss today.
    DateBet Home AwaySellBuyStakeResultProfitTotal P/L
    21-Feb1West HamBurnley3438£0.1520-£2.70-£2.70
    23-Feb2ArsenalStoke3438£0.1430-£1.12-£3.82
    23-Feb3Inter MilanBayern M.4044£0.1450£0.84-£2.98
    24-Feb4Man CityA.Salonika4044£0.1440-£0.56-£3.54
    26-Feb5SwanseaLeeds4246£0.1460£1.96-£1.58
    26-Feb6NewcastleBolton3236£0.1445£1.26-£0.32
    27-Feb7West HamLiverpool2629£0.1510-£2.85-£3.17
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  • splashiessplashies
    edited March 2011
    Note this pick is an under.
    DateBet Home AwaySellBuyStakeResultProfitTotal P/L
    21-Feb1West HamBurnley3438£0.1520-£2.70-£2.70
    23-Feb2ArsenalStoke3438£0.1430-£1.12-£3.82
    23-Feb3Inter MilanBayern M.4044£0.1450£0.84-£2.98
    24-Feb4Man CityA.Salonika4044£0.1440-£0.56-£3.54
    26-Feb5SwanseaLeeds4246£0.1460£1.96-£1.58
    26-Feb6NewcastleBolton3236£0.1445£1.26-£0.32
    27-Feb7West HamLiverpool2629£0.1510-£2.85-£3.17
    01-Mar8ChelseaMan U5660£0.14   
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  • splashiessplashies
    edited March 2011
    Well stoppage time cost me 35 points. Didn't see what happened because i was freezing my nuts off at Northampton v Burton (we lost 3-2!).
    DateBet Home AwaySellBuyStakeResultProfitTotal P/L
    21-Feb1West HamBurnley3438£0.1520-£2.70-£2.70
    23-Feb2ArsenalStoke3438£0.1430-£1.12-£3.82
    23-Feb3Inter MilanBayern M.4044£0.1450£0.84-£2.98
    24-Feb4Man CityA.Salonika4044£0.1440-£0.56-£3.54
    26-Feb5SwanseaLeeds4246£0.1460£1.96-£1.58
    26-Feb6NewcastleBolton3236£0.1445£1.26-£0.32
    27-Feb7West HamLiverpool2629£0.1510-£2.85-£3.17
    01-Mar8ChelseaMan U5660£0.1475-£2.66-£5.83
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  • DOHHHHHHHDOHHHHHHH
    edited March 2011
    Really don't understand whats happening with this kinda bet....

    Read it thru on 3 different occasions, having failed to understand the previous time.

    Looks rly interesting, I just don't get it.........

    Can u explain it to an idiot?......
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  • splashiessplashies
    edited March 2011
    Ok il try:
     
    It's the bookings market of a football match. Yellows=10 points  Reds=25 points.

    Bookies give a spread for what they think will be the outcome. Eg tonights game was 56-60.

    56 is the sell price (if you think the total booking points will be less than this)
    60 is the buy price (if you think the total bookings points will be more than this)

    I thought it would be less so i chose to sell at a stake of £0.14. This means that every 1 booking point is worth £0.14.

    There were 75 booking points, so i lost (75-56) by 19 points, hence i lost £2.66 (19 x £0.14)

    If there were only 2 yellows in the match (20 points), my profit would have been (56-20) = 36 points. Which equates to £5.04 profit (36 x £0.14)

    Hope that helps.
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  • splashiessplashies
    edited March 2011
    In Response to Re: I'm back with Bad Boy Spread Betting:
    Really don't understand whats happening with this kinda bet.... Read it thru on 3 different occasions, having failed to understand the previous time. Looks rly interesting, I just don't get it......... Can u explain it to an idiot?......
    Posted by DOHHHHHHH
    Also JJ, this kind of bet is great fun on the Cricket.

    For example, last week Bangladesh v Ireland. This was in-play at around 20 overs. I saw the Bangles were struggling, cant remember their exact score at the time, but it was when Tamim had got out.

    The spread on the total runs for the Bangladesh innings was 242-252 at this point. I thought they would get less than 242, so i put a stake of £0.15 on the sell price of 242.

    This meant that every run under 242 would win me £0.15 per run. Likewise, if they scored over 242, each run would cost me £0.15.

    In the end, Bangladesh were all out for 205, so i won (242-205) by 37 runs. (37 x £0.15) = £5.55 profit.
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  • DOHHHHHHHDOHHHHHHH
    edited March 2011
    So when u place a bet, they dnt withdraw any funds.........

    They wait till the outcome then credit/take from ur account?

    Also it seems you can't win/loose much on each bet? but I guess that depends on ur stake......

    U pick ur stake right?

    u cud go a 5r for every run below 242?

    Is this a bet that pro punters use alot then?
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  • UkjoeUkjoe
    edited March 2011
    Ithink spread betting is fine
    However risk and reward is debatable
    Also the spread itself encapsulates a reward for bookmaker
    Better betting on factual information I think
    Not guesswork
    But good luck anyway
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  • splashiessplashies
    edited March 2011
    In Response to Re: I'm back with Bad Boy Spread Betting:
    So when u place a bet, they dnt withdraw any funds......... They wait till the outcome then credit/take from ur account? Also it seems you can't win/loose much on each bet? but I guess that depends on ur stake...... U pick ur stake right? u cud go a 5r for every run below 242? Is this a bet that pro punters use alot then?
    Posted by DOHHHHHHH
    If you're minted then they let you use your account like a credit card and only take money once the bet has been settled ( if you want an account like this, then they do credit checks etc)

    If like me, you are a small stakes gambler, then you can have a normal account where you can only use the money which you deposit. With this account there is a stop/loss in place whether you win or lose. In the cricket market, the stop/loss figure is 100 runs. So if ur bet goes t*ts up the most you can lose is the value of 100 runs. So for my £0.15 stakes, 100 runs is £15. This also means I cannot win by more than 100 runs.

    I'm very new to spread betting, hence my very small stakes but you can put on whatever amount you want.

    If you want to put on £1 per run, then the max you can win/lose is £100. etc.
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  • splashiessplashies
    edited March 2011
    In Response to Re: I'm back with Bad Boy Spread Betting:
    Ithink spread betting is fine However risk and reward is debatable Also the spread itself encapsulates a reward for bookmaker Better betting on factual information I think Not guesswork But good luck anyway
    Posted by Ukjoe
    Good post!
     
    For me it's just more interesting. Especially in cricket.
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  • achillachill
    edited March 2011
    A little bit unlucky tonight with vidic getting sent off right at the end of the game.
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