Anyone know about spread betting?

[John Holmes' Stunt C**K]

Got a free bet offer from bet hi lo today through the post. The deal is a free £30 bet on the under/over 2.5 goals market in next sundays Man U v Chelsea game.

Am I correct in thinking that for every goal scored over 2.5 I would get £30 if i went overs, ie a 3-2 scoreline would net me £90, where as say, a 0-0 would result in no win??

[Statto]

Hehehe, the wonderful world of volatility eh John !!

If your free bet is on the "Total Goals" market then there will be a quote, say, 2.3-2.5. If you choose to go higher than 2.5 goals in the Man U v Chelsea game and the result is indeed 3-2, then you will make 2.5 (the difference between the 2.5 buy quote and the total goals, 5, in the match) x £30 (your free stake) on the game - ie: £75.

And, obviously because your bet is free you cannot lose, so a 1-0 result, which would normally lose you 1.5 x £30 (£45) would be voided - you would simply win nowt.

Of course you could always go low, and sell at 2.3 and hope for a mind numbing dull bore draw - but that wouldn't be any fun eh !! hehe.

Hope this is clear - If you want any spread betting tips, please dont ask me - I once staked £2 on a cricket match and lost £402 !!!

Ouch.

[John Holmes' Stunt C**K]

Cheers for that Statto. Its simply hi lo on 2.5 goals. What i'm probably going to do is go higher using the free bet token, and then back unders on betfair, leaving me a guarenteed 15 odd quid, then more if theres 4 goals or more in the game.

Cheers

[John Holmes' Stunt C**K]

Back to your £2 cricket bet, were you one of the people who backed Lara on unders when he went on to rack up 400 odd against England?!

[Statto]

hehe - nope
I sold the sri lankans runs some years ago....

....oh the pain as they didnt just rack up a cricket score, more like a billiards score !!!!