Features

Sports Spread Betting Blog 22/08/2016: 2016 Rio Olympics Review




The haul was Great Britain’s best return since the 1908 Games and made Team GB the first-ever nation to improve upon their medal tally in a Games immediately after a home Olympics.

And the nation’s incredible success is shown by the spread betting stats below which displays selected nations’ performances compared to their pre-Olympics gold medal predictions.

Spreadex 's 2016 Rio Olympics Sports Spread Betting Gold Medal Table

E.g. Team GB ended 8.75 medals above their pre-Games spread mid-point while Australia ended 6.75 below their pre-Games mid-point spread prediction. In spread betting terms, a £10 buy of Team GB Golds at 19 would have resulted in an £80 profit ((27 – 19) x £10) but a £10 buy of Australia Golds at 15.5 would have resulted in an £75 loss ((8 – 15.5) x £10).

Team GB also out-performed their Total Medals pre-Olympics quote. Spreadex’s pre-Games spread was 52.5 – 55.5 with the final total of 67 meaning a profit of 11.5 x their original stake for buyers (67 – 55.5) but a loss of 14.5 x their original stake for sellers (52.5 – 67).


Why Not Try Casino

Go Poker chips

Why Not Try Financials Betting

Go Trading charts

FIND OUT MORE ABOUT SPORTS SPREAD BETTING


View our helpful video guide here to find out more about sports spread betting.

We also have video guides to help you find out more about football spread betting, to find out more about cricket spread betting and to find out more about spread betting on horse racing.

DISCLAIMER


Spread betting and CFD trading carry a high level of risk to your capital and can result in losses larger than your initial stake/deposit. They may not be suitable for everyone so please ensure you fully understand the risks involved.

Spreadex Ltd is authorised and regulated by the Financial Conduct Authority, provides an execution only service and does not provide advice in any way. Nothing within this update should be deemed to constitute the provision of investment advice, recommendations, any other professional advice in any way, or a record of our trading prices. This update does not constitute or form part of an offer of, or solicitation for a transaction in any financial instrument, nor shall it or the fact of its distribution form the basis of, or be relied on in connection with, any contract therefore. Any persons placing trades based on their interpretation of the comments or information within this update does so entirely at their own risk.

No representation, warranty, or undertaking, express or limited, is given as to the accuracy or completeness of the information or opinions contained within this update by Spreadex Ltd or any of its employees and no liability is accepted by such persons for the accuracy or completeness of any such information or opinions. As such, no reliance may be placed for any purpose on the information and opinions contained within this update.

The information contained within this update is the intellectual property of Spreadex Ltd and is protected by UK and International copyright laws. All rights reserved. Users may however freely download, distribute and reproduce extracts of the contents, subject always to accrediting Spreadex Ltd as the source and providing a hyperlink to www.spreadex.com.