Type of wagering where the pay-off is based on the accuracy of the wager
To profit, the bookmaker must pay one side (or both sides) less than this notional amount.
The eventual score is Underdog 8 , Favorite 10 : 8 + 4 > 10 , so the gambler wins; The eventual score is Underdog 8 , Favorite 13 : 8 + 4 < 13 , so the gambler loses.
The more right the gambler is then the more they will win, but the more wrong they are then the more they can lose.
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For example, sports that have simple 1-point scoring systems (e.
Unlike fixed-odds betting, the amount won or lost can be unlimited as there is no single stake to limit any loss.
This has resulted in a much lower interest in financial spread betting in those countries.
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