If you reckon Liverpool will win this game by two or more goals, you'll go for the ‘buy’ option. If Liverpool are playing Everton and the spread for the Reds is 1.45–1.65 goals, the bookmaker is basically saying they expect the Reds to be 1.5 goals better than the Toffees.
Let’s first look at a ‘buy’ bet using football as an example.
Unlike fixed-odds betting, where you get an exact payout if your selection wins, your spread betting return will vary depending on how ‘right’ or ‘wrong’ you were with your selection. In order to understand how spread betting works, let’s look at a couple of examples. With spread betting, you ‘ buy’ on a market if you think the outcome will be above the spread or ‘ sell’ if you want to go the other way - It’s the equivalent of buying or selling shares of a company, except the model is instead applied to sports betting. Spread betting online carries the potential for more risk and reward when compared to normal fixed-odds betting.