Spread betting on the ICC World Twenty20 couldn’t be easier. Sporting Index will be offering hundreds of markets relating to runs, wickets, win indices and team and player performance, with many updated in-play.
Our traders will be making predictions on a number of events and scenarios within each match, and the tournament in general, with each spread having two prices: a buy and a sell quote.
If you believe we’ve pitched a quote too low, you can buy at the higher price, anticipating that the make-up of the market will be bigger than that price.
Likewise, if you think the buy price is too high then you can sell at the lower price, believing the final make-up will be below the price you have sold at.
The more right you are about the outcome on a market, the more you can win. On the other hand, get it wrong and you may lose more than your initial stake.
One of the most popular cricket spread betting markets is a supremacy spread bet. Put simply, this is one team’s winning margin over another expressed in runs and wickets. One point is awarded for every run won by, or 10 points by every wicket won by.
England might be favourites over Ireland, for example, with a spread of 38-46. If you believed England would win by more than 46 runs, you would buy. If you thought Ireland could frustrate them, you might choose to sell the winning margin at 38.
An England win by 56 runs would give buyers at 46 a profit of 10 times their stake, and sellers at 38 a loss of 18 times their stake.
Many spreads are updated after every ball and will fluctuate depending on factors including, run-rate, wickets lost, or even weather conditions. This allows spread bettors to pit their cricketing knowledge against ours at any time of the game.
Among the most popular in-play markets are fall of the next wicket, innings runs, player runs and wickets, Total 4s, 6s, run-outs and wides.
We’ll also have markets that allow you to be with or against a particular player or country during the course of the competition.
So, if you’re looking for guaranteed excitement in the shortest form of the game there’s only one place to look – Sporting Index.