Pocket A Healthy Profit With A League Two Spread Bet

| August 21, 2010 | Reply

Did you hear the one about the tortoise and the hare?

Of course you did!

Well the tale of Manchester City reminds me of that particular story.

They have done too much too soon, have tried to run before they can walk and contrary to popular belief, don’t stand a cat in hells chance of winning the title this year.

You see, in football, just as in animal athletics, it’s often slow and steady that wins the race.

Think Alex Ferguson’s poor start to his Manchester United reign or Alan Curbishley’s wonderfully controlled tenure at Charlton Athletic…

Now compare those success stories to Leeds under the Risdale/O’Leary axis of doom…
West Ham under their Icelandic ‘money-men’…

Or even Blackburn Rovers back in the mid 90’s…

Sure, they won the league once but was it really worth the subsequent relegation, mediocrity and appointment of Fat Sam?

Maybe if they’d built the club up slowly, they might still be a force now, rather than a team for whom Jason Roberts has made 117 appearances.

Fortunately, there are a few teams that “get it”.

And there is one in particular that has (re)built slowly over the last few years, to put themselves in a real position of strength.

That side is League Two Rotherham and they are well worth ‘buying’ for 17 with Sporting Index.

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An introduction to spread betting

Now if that last sentence made no sense to you whatsoever, then don’t worry because you are probably in the majority.

This tip is for a spread bet – a relatively unusual form of sports betting – but one that I will now take you through.

In spread betting a line is set and you can bet under the line (sell) or over the line (buy).

So, if you are betting on the number of goals in a football match and the line is 2.4 – 2.7, you would sell if you expected a low scoring game or buy if you expected the opposite.

The profit/loss is worked out as so…

When selling, its price bought, minus result, multiplied by stake…

So if you sell at 2.4 and the outcome is one goal, you will make 1.4 times your stake (2.4 – 1).

When buying, you simply swap around the price bought and result, so its result, minus price brought, multiplied by stake.

For the purposes of our bet, Sporting Index is using a points system in the ‘League Two Championship Index’…

* The League Two winner receives 60pts

* Second gets 40pts

* Third 30pts

* Fourth 20pts

* Fifth 10pts

* Sixth 5pts

The line set for Rotherham is 14 – 17.

Therefore, Rotherham need to finish fourth or higher for our bet to make a profit…

And if they get automatic promotion – a distinct possibility – that profit really starts to soar.

In fact, if the Millers finish as champions, we will receive 43 times our stake…

Whereas the best priced bookie is offering just 11.

Why Rotherham?

It’s a question I’m sure many residents of the town will have asked themselves on countless occasions, but I’ll save that particular conundrum for another time…

This Rant is all about a football bet and so, why Rotherham FC?

Because Rotherham United is a football club on the up.

They reached the play-off final last year and had it not been for the early season disruption, caused by a change of manager, might even have made the automatic spots.

This time they have a settled staff, with a club legend at the helm in Ronnie Moore.

Now, Ronnie isn’t any ordinary club legend…

You know the type – great players but god awful managers.

Ronnie was a great player (for his club anyway) and has also enjoyed real success as a manager, guiding the Millers to the Championship during his last spell in charge.

That tenure ended in 2005 with the club still in the second- tier but following a dramatic decline that has seen them drop two divisions, Ronnie is back to do it all over again.

He’s now had just under a season to stamp his mark on the side and has brought in no fewer than nine new players this summer.

The squad now looks more than capable of challenging at this level and possess a particularly impressive attack, spearheaded by golden boot favourite Adam Le Fondre.

Furthermore, they’ve gotten off to a decent start, with an opening day win, followed by an away draw at last season’s fourth placed club, Morecambe.

After stabilising following relegation and administration in 2008, Rotherham have gone from strength to strength.

A top three finish looks well within their grasp and with the aid of spread betting, can net us all a very healthy profit…

So head over to Sporting Index, apply for a new account (if you don’t already have one) and follow the on-screen instructions.

You’ll find our bet in the ‘League Two Championship Index’, where you can buy Rotherham for 17.

It could be the best purchase you make this season.


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Category: Betting Tips

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