Spread betting is often used as a term to describe a specific type of trading in financial markets. As a method in betting, it is a way to achieve greater returns and faster games. It occurs as an alternative in sports such as football, rugby, golf and formula 1. We should already point out that spread betting entails great risks, but also great potential. Let us explain. With exchange betting, it is you or other players who set up odds for matches and competitions. In other words, you can let other players back your odds or alternatively play on odds that someone else set.

Of course, betting is fun and easy, but did you know that there are different types of betting. Learn more about the most common variants here. When we say traditional betting, we mean when you place a single bet on, for example, a football match. It can be done the old-fashioned way at a betting agent or via an online betting site. In exchange betting is also called betting exchange or odds exchange. It is a form of betting where other players act as counter parties rather than the bookmaker.

When you bet, of course, you are not betting on how much rain there will be tomorrow. Rather, you bet on how many goals will be scored, for example, in a football match, and how big the spread and your possible profit will be determined by the goal difference. Not all betting companies offer spread betting, and we recommend that it is a form of betting that you only start with after you built up a good routine.

There are a few basic rules that you might want to stick to when betting. We would argue that if you have a number of rules to adhere to when you bet, it will lead to you doing better in the long run. You will be able to cope with losses without losing the entire bankroll while making your decisions more well thought out. Limit the amount of money you can bet. Feel free to set a limit for how big a percentage of your total bankroll a bet can be. Don’t chase losses. Don’t try to make up for losses by playing more and for bigger stakes.

In addition to that, more and more gambling companies require that their players must identify themselves with bankID when registering and transferring money. Incidentally, it may become statutory that players must identify themselves with bankID. We will update with more information if this is the case.

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