At Spreadex you can place traditional sports fixed odds bets as well as sports spread bets – all from the convenience of one account.
Learn precisely how fixed odds gaming works by viewing our short video below. Alternately, keep reading for a written excuse.
AN INTRODUCTION TO FIXED ODDS BETTING
Fixed odds betting is the conventional kind of betting by which a bookmaker will offer odds on a particular result in a game or event.
If this outcome occurs, i.e. a horse wins at odds of 10/1, then the bookmaker will pay winnings of 10 x the bet, plus the original stake.
So in the above instance, a 10 wager on a horse to succeed at 10/1 would lead to a triumph of 100, as well as the yield of the #10 stake to the punter.
However, if this outcome doesn’t happen, then the bookmaker wins and also the punter would have lost the 10 bet.
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