Business of Sport: The Spread

Champions League semi finals offer serious value

The Champions League has reached the semi-final stage, and there is a tremendous amount of value for bettors in the first leg between Real Madrid and Bayern Munich this Wednesday.

The bookies are seeing an inordinate amount of volatility in early betting which has led to the unlikely scenario of neither team being odds-on.

With three potential outcomes as opposed to a straight winner or loser, ...