One of the greatest advantages of Spread Betting is that you can bet 'in-running' on some events (i.e. when the event is happening). Since you can bet both 'high' and 'low' you can close your bet, taking a profit or loss at any time.

This adds an extra dimension and further excitement to live sport and offers the ability to take profits and open new positions during the event, something which is unavailable at the traditional bookmaker.

At the start of a Leeds v Newcastle match Sporting Index may make Newcastle favourites to beat Leeds by 0.2 - 0.5 goals. You predict a Newcastle win and place a £10 per point BUY (i.e. to win £10 per point greater than 0.5).

If Newcastle scored two early goals the score may be Newcastle 2-0 Leeds after 32 minutes. The new spread for the match at this time may be quoted as 2.4-2.7.

To close your position (and take a profit) you should SELL £10 per point at 2.4. You total profit will therefore be £19: