How Spread Betting Works: American Football

Divisional Indices

Winner=50pts, Runner-up= 25pts, Third=10pts, Fourth=0pts.

We might make a prediction that Pittsburgh will win the AFC North Division, and quote 35-38 as the spread.

Make-up result: 

Pittsburgh win the AFC North = 50pts

If you bought at 38, you win 12 times your stake

If you sold at 35, you lose 15 times your stake

 

Super Bowl Outright Index

Winner = 100 pts, Runner-up = 70 pts, Lose Conference Championship = 50 pts, Lose Divisional Playoff = 33pts, Wild card = 20 pts. All others = 0.

We might make a prediction that the Green Bay Packers make it to the Super Bowl, and quote 59-63 as the spread.

Make-up result:

Green Bay win the Super Bowl

If you bought at 63, you win 37 times your stake

If you sold at 59, you lose 41 times your stake