Sports spread betting is a very technical world but this is our attempt at explaining just how sports spread betting works.

Most sporting events, even championship level sports, involves match-ups of two teams that are not considered to be equals. There is often a decided favourite, or team that is considered to be superior to the opposition to some extent.

Gambling on sporting events long ago adapted to this commonly found situation, and a variation on straight betting was developed.

In straight betting, in order to balance the wagers between the two rival teams, one team is assigned low odds, while a win by the perceived “lesser” team pays more generous odds. Many punters do not find this an interesting proposition, especially when they wish to bet the favourite, but stand to make little profit.

Spread betting considers the opinions of experts on sports (or a particular sport) and creates a betting “line”. The betting line assigns a probable difference (spread) in final points scored by the two teams.

The team judged to be less likely to win will be assigned a probable points-lost-by number. The favoured team is said to be “giving” that same number of points in the wagering.

The punter then decides whether the betting line is understated or overstated compared to his or her own estimation. The punter can decide to take the favourite, which must win by more points than the spread for the bet to win.

Alternatively, the punter can bet the “underdog”, with which the bet not only wins if the team should win, but wins if the team loses by fewer points than what the experts anticipated.

Spread betting allows virtually every sports events to be “betable”, no matter how evenly matched the teams are considered to be.

You can bet on almost any of the main sports through your mobile phone with Ladbrokes Mobile Betting, William Hill Mobile and Bwin Mobile.