Spreadex Sports have launched their new Bet-Builder feature for horse racing, allowing punters to personalise their bets across multiple different markets. Whether you’re backing a horse to win or predicting a horse to finish in the top three our new Bet-Builder feature gives you the ability to combine multiple markets within in a singular bet on one race. Our Bet-Builder feature allows you to construct your own racing bets for both spread betting and fixed odds betting.
Read below for everything you need to know about using the Spreadex Sports horse racing Bet-Builder feature.
For fixed odds prices, the fractional or decimal price indicates the returns on your stake if all elements of the bet come in. If all elements of your fixed odds Bet-Builder don't come in, then the bet loses.
For spread betting, the index prices represent possible make-ups for different parts of your bet coming in. E.g. if you add 3 possible outcomes to your bet your spread will be based on a 100-1-0 index (100 if all elements of the bet come in, 1 if one element comes in, and 0 otherwise).
In the example shown here, if all three elements of the bet were to come in, the bet would settle at 100. A buy at 42.2 on the spread would return 57.8 times your stake (100 - 42.2). If only one element of the bet came in, the bet would settle at 1. A buy at 42.2 would therefore result in a loss of 41.2 times your stake (41.2 - 1).
If no elements of the bet came in, the bet would settle at 0 and a buy at 42.2 would lose 42.2 times your stake (0 - 42.2). However, a sell at 34.2 would win you 34.2 times your stake if no elements of the bet came in (settled at 0), or 33.2 times your stake if only one element of the bet came in (34.2 - 1). Conversely, if all three elements came in the bet would settle at 100 and a sell at 34.2 would lose 65.8 times your stake (100 – 34.2).
It’s important when betting on horse racing to remember to act responsibly. Only bet with what you can afford to lose. Spreadex provide Pre-Race Betting Stats for selected meets and races. These stats can provide an overview of how a horse, jockey or trainer has been performing. Other factors that may influence your choice of bet include; weather, track conditions and much more. *Note that Spreadex’s pre match betting stats do not constitute any suggestions or advice.
Remember that with spread betting, get the bet wrong and losses can exceed your stake/deposit so it's important you understand how each market works before setting an appropriate stake size for your bet.
Email:
info@Spreadex.com
General Enquiries:
+44 (0)1727 895 000
Sports Desk:
08000 526 575
+44 (0)1727 895 090