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Sports Fixed Odds Betting | Get Started | Spreadex

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At Spreadex you can set traditional sports fixed odds bets as well as sports spread bets – all from the convenience of a single account.
Find out precisely how fixed odds betting works by viewing our short video below. Alternately, read on for a written excuse.
AN INTRODUCTION TO FIXED ODDS BETTING
Fixed odds betting is the conventional kind of betting where a bookmaker will offer odds on a particular outcome in a game or event.
If that 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 bet.
So in the above example, a 10 bet on a horse to win at 10/1 would result in a triumph of #100, as well as the return of the #10 bet to the punter.
However, if this outcome doesn’t occur, then the bookmaker wins and the punter would have lost the 10 bet.

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