Online micro spread betting brokers allow you to combine the real-time fun of micro betting with the risky, but potentially profitable concept of spread betting.
Mirco spread betting might be a relatively new concept to the market, but it is one that is quickly growing in popularity. In this article, we will take a look at the format in detail, and see how you can find the right broker for you.
In order to fully understand how micro spread betting works, we first have to break down the initial two concepts - micro betting and spread betting. Then, we will take a closer look at how the two of them have been combined to create a unique new form of betting.
Micro betting is a blanket term that effectively covers any live bet that you place on the real-time outcome of a moment in the game. More often than not, the final result of the game won’t have an impact on your bet. Basically, micro betting has cherry-picked the best elements of live and props betting and put them together.
For example, in an NFL game, you can bet on outcomes for the next drive, or even the next play. Generally, you will have options such as a TD being thrown, pass competitions or interceptions or if the QB will get sacked.
For NBA games, you can bet on a player to make the next free throw, or which team will score the next 10 points first. For soccer and hockey, the next team/player to score markets are popular options.
Spread betting is a concept that has been taken from the world of trading and investments and applied to sports. The broker presents the “spread” of an outcome to you, and you can either “buy” - bet on it being higher than the spread - or “sell”, bet on it being lower.
Unlike fixed odds betting, you have the chance to win or lose more depending on how much higher or lower than the spread the game finishes. That means that you can receive a potentially larger payout than you would with a fixed odds bet, but you can also lose more than your stake.
For example, let’s say the spread for an NFL game is 45.8 - 46. If you bet $10 on the “buy” option, and the points total finished at 50, you would win $40 profit - as you get your stake back as a profit for every point scored over the spread.
However, on the other hand, if the final points total was 41, you would lose $40, which is more than you staked. This makes it potentially much more profitable than fixed odds betting, but also far more risky.
Effectively, micro spread betting works by shortening the time period for the spread and then offering the market live. For example, a spread might be offered on the next drive in an NFL game, rather than the game as a whole. If the spread offer is 4.8 - 5, there is still a lot of scope on the buy and sell options.
If you sell here, there’s a realistic possibility of the team scoring 0 points (turning over the ball or kicking it back), 3 points (field goal) or 2 points (safety). If you buy, then the points total can wind up at 6 with a touchdown, and possibly 7 or 8 points depending on the try afterward.
The concept of online micro spread betting brokers is relatively new; however, there are some operators that are starting to tap into this market. Sites like FanDuel, BetMGM and DraftKings have some great mico betting markets. Meanwhile, it’s worth noting that PointsBet has some unique markets that you won’t find on any other site.
However, at PromoGuy, we want to help you to find your ideal spread and micro betting app. That’s why our experts have put together some tips that you should consider before registering an account with one of our recommended online sportsbooks.
First and foremost, you want to think about the sports and betting markets that matter to you the most. Then, ideally, you want to find a micro spread betting broker that has the best selection and value for the sports and betting lines that matter to you. For example, you might want CSGO micro betting markets if you are an esports fan.
Not all US states yet have legalized online sports wagering, and sportsbooks are required to have a license in every state that they operate in. As a result, not all betting sites are available in all legal gambling states. Always check to make sure that the site you are looking at is licensed and regulated in your state.
When it comes to spread and micro sport odds betting, following the action in real-time plays a huge role. While it is not essential, as you can watch the games on TV, finding a sportsbook with a good selection of streaming rights can make things a lot easier. This allows you to bet and watch the game all in one place.
All sportsbooks in most states have welcome offers and other promotions available. Check the T&Cs of all bonuses to make sure that the offer is fair and that the bonus suits your betting style. For example, if you are a casual bettor, then a bonus that requires a $100 minimum deposit or qualifying bet won’t suit you.
Most brokers and betting sites will allow you to browse through the sportsbook and other areas of the site before you register your account. As a result, you can test it out and see if it feels right for you before you register your account. This can be trickier with apps, as they often require you to register once it has been downloaded before you can use it.
It might be a relatively new concept, but micro spread betting is definitely becoming more popular. In the near future, we can confidently predict that more and more operators are going to start offering such services. With that in mind, we recommend that you bookmark this page and revisit us for updates about the latest micro spread betting brokers that are available in your state.
Micro spread betting combines to formats to give you a new unique betting style. A full explanation has been provided for you in our guide on micro betting.
Here at PromoGuy.us, we will only recommend safe and regulated providers for all online betting niches. Check out the best sites where you are today right here with our expert reviews.
You can discover exactly what sportsbooks have good spread and micro betting markets here. They are not always easy to find on a site, but we have highlighted what is there and how you can find them.
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