PointsBet are a new and exciting bookmaker in Australia offering spread betting markets on a range of sports domestically and abroad.
- Spread betting specialists
- Unique way to bet
- Can be risky for recreational punters
Join PointsBet.com in minutes!
PointsBet are the new kids on the block and they have an exciting betting product that’s gaining popularity among Aussie punters.
They offer Spread Betting on a range of different sports including the major football codes in Australia and major sports across the globe.
While spread betting is new to Australia it’s been a popular method of betting across Europe and other parts of the world for many years.
Not sure what spread betting is? Continue reading below for a detailed description on how spread betting works.
How does Spread Betting work?
Spread Betting might be new to the Australian betting industry but it’s been common practice in other parts of the world. The first thing you’ll need to understand is that you when you bet with PointsBet.com you’re not betting on a fixed odds market. The outcome and your potential winnings or losses from a bet aren’t fixed, but variable right until the end of the game.
There are two key things to remember when spread betting. The more you’re right, the more you win and the more you’re wrong the more you’ll lose.
So spread betting is very much risk vs reward and you’ll have to be prepared to lose more in order to win big.
As an example let’s say you’re betting on an AFL game between Sydney Swans and Brisbane Lions. PointsBet.com will set a line for this match. Let’s say Sydney Swans are favourite and the line is set at -15.
If you place $1 on the Sydney Swans, you’ll get $1 profit for every point over the 15 point margin they win by. However. If you’re wrong and Sydney Swans only win by 2 points, you’ll lose $13.
With PointsBet.com you are able to limit the amount you can lose, but this will also limit the amount you can win.
Once you get your head around how spread betting works and understand the risk vs reward factor it’s a great way to bet and keeps you invested in your bet for the entirety of an event.
The website is basic but easy to use, we hope they introduce an iOS app sooner rather than later as that’s the one important product they’re missing.
They always have an impressive amount of markets to bet on and their customer support via phone or email is generally quick and easy.
Spread betting isn’t for everyone so we recommend caution to all new customers of PointsBet.com.