Spreadex: Where Winning Is Always In The Cards – Spread betting in horse racing is about more than predicting which horse will win the big race of the day.
Speed betting gives you the opportunity to bet on a horse in a specific race and also allows you to bet on a wide range of markets to take part in a single day of racing or cover the entire festival over several days.
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Get with or against horses in specific races or bet on an entire session. Check out more through the links below.
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To place a bet, check the forecast or spread on the market in question. If you think the outcome will be higher than our price, you buy the spread. If you think the outcome will be less than our price, you sell the spread.
The more you get right, the more you win, but the opposite is true if you get it wrong, because you can lose more than your initial stake.
Try our interactive widget below for examples of how horse racing spread betting works in different markets for a theoretical £10 bet.
The widget shows in more detail how the spread of a betting market can change in volatility. For example, the range of results for a square number spread bet is much larger than the race index or distance win markets, which are more volatile than favorite wins. Therefore, it is important to choose a share level that suits you for different markets.
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Try using widgets for different horse racing markets to see how potential profit and loss levels can vary. This will help you practice horse racing spread betting and give you an idea of how the markets work before you actually try it.
It’s the first day of Ascot, and you think one jockey will have a particularly good day, so take a look at the Jockey Index spread betting market. It is a bet on the overall performance of a nominated jockey at a meeting, with 25 points per race, 10 points for second place and 5 for third place.
The Jockey Index offers numbers 34-37 in 5 races for your nominated jockey. You gain 2 pounds at 37. The named jockey then went on to win 2 races, 2nd in 2 races and 3rd in the last race. This gives you a Jockey Index of 75 and a profit of £76 (75 – 37) x £2.
Let’s say the jockey isn’t that hot, but still manages 1 win and a second place finish, making the jockey index 45. This would leave you with a profit of £16 (45 – 37). ) x £2).
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However, it’s not always your day. If the jockey finishes just one third in his 5 races, you lose £64 (5 – 37) x £2).
Going into Cheltenham you think the odds of a particular jockey have increased, so take a look at the Jockey Index spread betting market.
47-50 offers a jockey index in 5 races for your nominated jockey. You sell £2 for £47. Your opinion proved correct, and the jockey only managed to finish in second place. This gives you a profit of £84 (47 – 5) x £2).
If the jockey has a slightly better day, and a win and a second place finish, you still end up with a profit of £24 (47 – 35) x £2.
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On the other hand, if the jockey wins repeatedly, and sees 4 wins in 5 races, you face a loss of £106 (47 – 100) x £2.
For races of 11 or fewer: 50 points to the winning horse, 25 to the second-placed horse and 10 points to the third-placed horse (known as the 50-25-10 index).
For 12 or more races: 50 points to the winning horse, 30 to the second-placed horse, 20 to the third-placed horse and 10 to the fourth-placed horse (known as the 50-30-20-10 index).
For races with 12 or more runners a horse may be spread 12 to 15 times. If you think the horse will finish first, second or third you will buy at 15 or if you think the horse will finish fourth or worse you will sell at 12.
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Favourite: For each race at the meeting we award points to the horse with the best opening price on the following basis: 25 points if he wins the race, 10 points if he finishes second in the race and 5 points if he finishes third. Race
So if a meeting has more than seven races, the favorite will be 70 (5+25+0 +25+10+0+) if the favorite finishes 3rd, 1st, 4th, 1st, 2nd, 5th and 3rd in each race. 5) to make. = 70). In case of joint or partner favour, lower race card number is considered favourable.
Racing Post Pick: Racing Post Picks are based on the performance of the Racing Post Pick as indicated by the first horse named in the tabloid version of the Racing Post’s betting predictions (according to the scoring system above).
Winning Distance: The winning distance between the winning horse and the second-placed horse for each race during a meeting, cumulative.
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For distances less than length, the following apply: nose 0.05, short head 0.1, head 0.2, short neck 0.25, neck 0.3, half length 0.5 and three-quarter length 0.75. Maximum winning distance per race = 12 lengths.
Second to Third Distance: The distance between the second-placed horse and the third-placed horse for each race at a meeting, total.
Racecard No. 1s: Total 25 points by Racecard No. 1 at a meeting in which no horse wins the race, 10 points if second, 5 if third.
Double Number: The racecard number of all winning horses in a particular meeting is doubled.
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Stand On Winner: The number of races until the favorite wins the meeting, x 10. For example, if the favorite does not win until the fourth race, the make-up is 40. If no bet is won during the day, the number of races is + 1 (x 10).
Multiple Mules: The sum of the racecard numbers of the winning horse is multiplied by the racecard numbers of the second-placed horse for all races in that meeting.
A bet on the performance of a nominated jockey during a meeting. For each race at a meeting we award points to a jockey based on: 25 points if he wins the race, 10 points if second, 5 if third.
If the jockey does not ride the designated mount but the horse still does, the horse is still considered to have been ridden by the designated jockey.
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The selected mount will be picked up at the racing post as the horse is released to be ridden by the respective jockey on the day of the race.
If a jockey rides a horse that, according to that day’s tabloid edition of the Racing Post, he was not scheduled to ride, that ride does not count as a bet on that jockey.
Don’t worry about the full field in a particular horse race, instead focus on two horse races by betting on our horse racing match bets.
Our Match Bets allow you to bet on the number of lengths one horse will beat another horse in a particular race in a session.
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In a flat race, the maximum makeup is 12 lengths. In national hunting competitions, the maximum makeup is 15 lengths. If both horses fail to finish the market is void.
Note that the market can be negative if the best bet behind the second horse in the match.
Our fixed odds horse racing betting service includes bets with win-only, each-way, accumulator, multiple, forecast and tricast, place only, insurance and no name horse options.
Straight Prediction (or SF): A single bet prediction consisting of two options and 1st and 2nd in correct order.
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Reverse Prediction (or RF): Made up of two picks and predicting your two picks to finish first and second in each order. This is effectively the same as placing two direct guesses for your chosen options.
Combination Tricast (or CT): Made up of a number of picks and a prediction for your pick in 1st, 2nd, and 3rd place in each order.
HORSE RACE ONLY BET: A straight bet on a horse to finish in the first two, three or four depending on the number of runners in the race. If it ends in 2/3/4 first, your bet wins. If it doesn’t, your bet will be lost.
INSURANCE HORSE RACING BET: To win a bet on a horse but you get your stake back if it finishes second or third based on the number of runners in the race (instead of losing the bet). As a result you get a slightly lower price than the normal ‘to win’ price.
Jonathan Hufford, Spreadex Founder And Md Interview
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