You can do spread betting with a spread betting firm.Lucacrebbe wrote: ↑Thu Jul 12, 2018 4:03 amWhere can I do spread betting? How is the revenue? I immagine it works just like the futures.. you choose up or down... in this case ''relegate to Serie B'' or ''it remains into Serie A''Derek27 wrote: ↑Wed Jul 11, 2018 8:19 amIt's similar to arbing, only one bet is with a regular bookie, the other is a spread bet. For example, he might back a team to get relegated and then place a spread bet on the number of goals they score in the season, when he's calculated the probability of both bets losing is very small for his potential reward.
He basically scans the betting markets for all sports and finds the flawed odds, then works out a way to secure a profit.
Then he hedges his spread bet with another bet, on the number of the goal.
Which tecnique does he use to see that the odds are flawed and they have an advantage for your brother?
I haven't a clue what the revenue is like as I don't do it.
There's nothing futuristic about it. Spread betting has been around for years. In fact, Betfair is far more advanced than spread betting.
You've got it the wrong way round, it's a conventional bet that a team gets relegated and a spread bet on the total goals for the season.
My brother's a mathematician, so if he explained his technique it wouldn't be understood by the likes of me and you, and I'm sure there's a lot of judgement in it as well - there's no mathematical formula to winning money.