The Spread = the quote of the spread market
• Buy Price = the high end of the spread. If you Buy a spread
your winnings (or losses) are calculated against this value
• Sell Price = the low end of the spread
• Make up = the result of your individual bet in comparison to
your Buy or Sell price
• Spread dividend = the “make up” multiplied by the stake of
the bet
Mid point = the middle of the spread
• Stop Loss/Win = the maximum legislated “make up”
permitted for each spread market offered
• Lock Amount = spread equivalent of a ‘stake’ for a bet. The
lock amount is 20% of the maximum win or loss of the bet.
• Trading = as the market moves – trading in and out of
positions
• Close out = trading out your bet for a win or a loss by
placing an equal bet on the reverse option to the original
trade (i.e. Buy or Sell)
Sports Alive
Friday, August 14, 2009
Spread betting: Spread Betting Terminology
Labels:
bet,
betting,
sports book,
sportsbetting,
spread,
spread bet,
spread betting
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