How to enjoy the rugby and make money

Spread betters can bet on just about every aspect of the Six Nations tournament. Tim Bennett explains how.

This weekend, England rugby fans will be hoping their team can keep up its strong performance in the Six Nations Championship and defeat Scotland. Deciding where to watch the game is one tough call at home or in the local? The next one is how to pay for all the celebratory beers you hope to drink. Well, here's one option rugby spread betting.

At sites such as sportingindex.com you can bet on just about every aspect of the Six Nations tournament. For example, you might have a view on the total number of points that will be scored across all 15 games. Let's say sportingindex offers a spread of 630-638. If you think the tournament total will come in above 638 you would buy the spread at say £10 per point. Now this spread will move as more games are completed.

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Tim graduated with a history degree from Cambridge University in 1989 and, after a year of travelling, joined the financial services firm Ernst and Young in 1990, qualifying as a chartered accountant in 1994.

He then moved into financial markets training, designing and running a variety of courses at graduate level and beyond for a range of organisations including the Securities and Investment Institute and UBS. He joined MoneyWeek in 2007.