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Who invented the sports betting spread?

Updated: 10/20/2022
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10y ago

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The idea of spread betting became more and more popular as days pass since 1980. It was invented by Charles K. McNeil, a mathematician from Connecticut in 1940.

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Which spread betting broker is best?

As for comparing the spread betting companies it really depends on what you want to trade and over what time period. For instance IG Index are known to have the widest choice and are good for shares etc but Capital Spreads possibly has the tightest spreads, good for short term trading etc .


What is a spread betting forum?

A spread betting forum is a betting forum where you spread your bets around. If you diversify your bets you have a better chance of winning and making money.


What is a sports spread used for?

A sports spread is used when bets are being taken on sporting evens. Spread betting gives a gambler the ability to decide if the amount of points given for the spread will be lower or higher than the difference between two team's actual scores.


Where can one learn how to spread bet?

Talk to a bookmaker who will explain spread betting. Alternatively, visit betting webpages such as Paddy Power and Bet365 where they have a section discussing what spread betting is, and how to do it.


What is the spread?

The spread is the difference between the "buy" and the "sell" prices of a particular spread betting market (such as equities, indices, currencies and even sports!) For example spread betting company Spreadex may offer a "spread" of 5000-5002 on the UK 100 Daily (aka FTSE 100). You could buy at 5002 if you believe it will go above this level, or you can sell at 5000 if you think it will go below. The spread is effectively how the spread betting company makes its profits. The spread will get wider if you bet on futures or utilise guaranteed stop losses. If you need any more help on the terminology used in spread betting see this glossary of terms provided by Spreadex. http://www.spreadex.com/betting/Financial/financial_spread_betting_glossary.aspx


What is online spread betting?

Spread betting is a type of gambling where the winner and the winning pay-off is based on how accurate the wager is. Thus, the money gained or lost is not fixed. A spread betting account is used for financial spread betting, which is spread betting on a company's stocks.


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Betting at pinnacle sports is not illegal. It is a well known sports betting company that has a large online following and is very popular. Using this service is not at all illegal.


What is the online site Spread Betting FTSE used for?

Spread Betting FTSE is a site dedicated to all financial spread betting. In addition to general advice about the options and risks associated with spread betting, the site provides a forum for registered members to share tips, hints and seek advice.


What is OLBG sports?

Its a website where people discuss sports betting. There is also a virtual betting game where you can win real money.


What companies offer spread betting in the UK?

UK Spread Betting is a web directory containing the names and address of betting companies that provide spread betting in the UK. Companies include: Barclays Stockbrokers Financial Spread Training in London and BetOn Markets.


Does CT have legalized sports betting?

No, the only states that have legalized sports betting are Nevada, Delaware, Oregon, and Montana. And of those states, only Nevada currently offers sports betting. When Congress passed the Professional and Amateur Sports Protection Act of 1992, Nevada, Oregon, and Montana already had sports betting laws on their books and were grandfathered in. Delaware legalized betting on sports in 2009, but has not moved forward with any plans for gambling facilities in the state, due to threats by the sports leagues to ban any games from being played in the state. New Jersey is attempting to legalize sports betting as of 2013, but is fighting with the pro sports leagues and the NCAA. In Connecticut, sports betting is currently illegal, as it is in all of the other 50 United States.


What has the author Sonny Reizner written?

Sonny Reizner has written: 'Sports betting with Sonny Reizner' -- subject(s): Sports betting