Football Spread Betting for Fun & Profit

Presently I’m working on a system for my football spread bets. My football trading system involves reading the mood of the game during play (usually on radio), and this will influence the timing of my entry or exit. example, if a team is about to take its third corner in succession, I would quite likely shut/open certain goal-related bets just before they do so. Likewise with a significant player substitution. Also, I will sometimes take on a time-related goal score bet very near the end of the game, by when the spread is so close to 90 that there’s very little to lose should no goal happen.

However, my strategy is definitely not set in stone, what’s happening during a game will influence my bets, sometimes you can see a team is not at the races, most people see Chelsea or Manchester United but I try to forget that and base it on who is doing the business on that given day. Just like trading the need for money management is a key element, and although I’m not sure if my approach works I’m giving sites like Spreadex, SportingIndex and Betfair a go. I really trade on my ability to be able to read a game!

Having said that I’ve not yet scaled up on my football spread betting; I still mainly do it for fun, for pence and the odd pound or two. Over the past month, for example my account balance is up 69%, which sounds good until I point out it was a mere £90 on Dec 9 (now £62.70). I really only bet on live matches where in-play betting is allowed. On the Manchester City game, I staked a quid on the number of first-half goals. Opened as an up bet a couple of minutes into the game when the spread was 1.1-1.3 if I remember correctly, (was 0.9-1.1 pre-match but lost connection) knowing that if/when a single goal went in during the first half hour or so, the quoted spread would likely jump to a level at which I could exit with a gain. Tevez duly obliged in the 7th minute, and I immediately banked 65p. (had i kept the bet open, I would have eventually 5p more but I’ve learnt to stick to the plan, which is to shout “Bank!” whenever the gain looks worthwhile, before it can dwindle, which it would had no g2 gone in). My smallest win in the past month amounted to just 8p while the biggest was for 720p and the biggest loss was 150p.

Sites like Betfair have completely opened the door to people like us, before betting was a mugs game, but the ability to lock in gains has proved to be fantastic and my account is currently at an all time high. I’m starting to look at games a week in advance quite often you can trade 5pts or so before a ball has even been kicked, usually the money will come in for the favourites as the event draws closer. All said this is just a fun sideline for me but my last season’s 300% performance will be beaten if I can remain consistent till the season ends. Whether or not you decide to follow my advice or not I wish you good luck with your bets!