traderATfinancial-spread-betting.com (remove the AT and substitute by @).As the name suggests, fixed odds betting is 'fixed' - you will always know before you place the bet the possible outcomes, and how much you stand to win or lose. Spread betting is very different - you may lose a lot, win a lot, or win or lose a little depending on how accurate the prediction is in addition to its correctness.
To the less astute, recreational punter, fixed odds betting is the most viable of the two methods. You can only lose the amount that you bet. The case is much different for spread betting, and sports betting money management systems are commonplace for even the most professional spread bettor.
Financial spread betting and sports spread betting carries the potential for much greater rewards, but also involves larger risk than fixed odds betting. This is precisely why it lends itself much more to the astute betting professional as money can be made by those with the patience to research and find the right spread.
Fixed odds betting is, in principle, quite simple, and widely available through online betting sites. In this respect, an Internet bookmaker has more flexibility, and can change a price to manage the projected liability. Fixed odds betting dates well back before the invention of the Internet to the late 19th century, in which newspapers began offering fixed prizes for the correct predictions of outcomes of games.
The term is somewhat less applicable to online sports betting today as the odds are not necessarily fixed. In the pre-Internet days, if a misprint was made in the newspaper the odds could not be changed; the reprinting process was too expensive and a bookmaker was consequently unable to alter a price in response to customer demand. A standard UK online betting site these days offering odds on the English Premiership can dynamically change their odds, although this rarely happens pre-match unless news impacting the game is released.
There are several ways in which fixed odds may be presented, two of which are most common at English sports betting sites. Odds such as 4/1, called fractional odds, imply that for every one unit laid, four units in addition to the one laid will be returned if the bet wins. Another form of presenting the odds is in decimal fashion - 4/1 becomes 4+1=5.00; 10/11 becomes 1.91 (10/11 + 1 = 1.9090...).
There are definite advantages that fixed odds betting possesses over spread betting and vice-versa involving risks and potential earnings. Betting casually is best done at fixed odds, whilst spread betting professionals take preference to the high-risk, but high-reward, alternative.
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