What are you backing Today? Part 2

Be cool if Sandown passed the inspection tomorrow.

Hoping the Dr T J Eckleburg can strut his stuff in the 12.40.

It was a solid run last time carrying top weight when he came up short against what could be a horse on a steep upward curve from Chris Gordon's yard.

His form before that when beating General Medrano was half decent aswell. And it's probably the last winner I gave a good word to on this forum. So I'll include in the yankee if the meeting goes ahead.
 
I haven't seen any posting of matchbets here, but I'll start putting up selections to see if there is any interest.

14.20 Chepstow - Jeffreys Cross / Enjoy Your Life - Buy @ 1.25 Sporting Index

I expect most will understand the bet, but this means I'm betting on Jeffreys Cross to finish more than 1.25 lengths ahead of Enjoy Your Life
 
Never really understood spread betting with a bet like that is there an upper limit to what you lose and win. If you had a tenner on that if he wins by 10.25 lengths do you win 90 quid for 9 additional lengths and the same in reverse if you were to finish 9 lengths behind the 1.25 win would you lose 90 quid. I take it if yours pulls up you don't lose a million.
 
Monmiral is the class horse of this Class2 race at Plumpton - 2:05 - and has to give everything else shedloads of weight to prove it. He ran Strong Leader much closer than the ratings would suggest last time in the Grade2 Coral Long Distance Hurdle at Newbury and that was a really good effort despite the small field which always makes it a bit suspect. He has the blinkers on again which encourages me to think he’s going for this. The danger appears to be the favourite Transmission who is back over hurdles after three classy runs over fences, I wonder why.
 
Oh - thanks. I’d scribbled it last night and just got round to posting. Should be paying attention :p - will get my money back though, so that’s a plus!
 
Never really understood spread betting with a bet like that is there an upper limit to what you lose and win. If you had a tenner on that if he wins by 10.25 lengths do you win 90 quid for 9 additional lengths and the same in reverse if you were to finish 9 lengths behind the 1.25 win would you lose 90 quid. I take it if yours pulls up you don't lose a million.
You do need to be careful with the different markets in spreadbetting, a lot of them are open ended, but matchbets have defined minimums and maximums. For National Hunt the limits are +/- 15 lengths and for Flat and All Weather, it is +/- 12 lengths.

For my bet, if Jeffreys Cross pulls up, the bet would close at -15 and I would lose 16.25 times my bet (+1.25 back to -15). If Jeffreys Cross beats Enjoy Your Life by 15 lengths or more, I win 13.75 times my stake (+1.25 up to +15).

What you would class as your stake of £10 in fixed odds betting is my liability of £10 for spreads. To calculate my stake I need to work out the maximum loss (in this case 16.25 lengths) and then divide the £10 stake by that amount - 10 divided by 16.25 gives a stake of £0.62 per length.

One of the benefits is that the spread firms make their money from the gap between buy and sell price, so you don't get your account closed for winning too much.
 
You do need to be careful with the different markets in spreadbetting, a lot of them are open ended, but matchbets have defined minimums and maximums. For National Hunt the limits are +/- 15 lengths and for Flat and All Weather, it is +/- 12 lengths.

For my bet, if Jeffreys Cross pulls up, the bet would close at -15 and I would lose 16.25 times my bet (+1.25 back to -15). If Jeffreys Cross beats Enjoy Your Life by 15 lengths or more, I win 13.75 times my stake (+1.25 up to +15).

What you would class as your stake of £10 in fixed odds betting is my liability of £10 for spreads. To calculate my stake I need to work out the maximum loss (in this case 16.25 lengths) and then divide the £10 stake by that amount - 10 divided by 16.25 gives a stake of £0.62 per length.

One of the benefits is that the spread firms make their money from the gap between buy and sell price, so you don't get your account closed for winning too much.

Thanks for that I thought that was how it works but I've never got into too much as bets like that would frustrate the life out of me to watch a jockey decide to win 0.5 lengths on the steel rather than ride out for a 15 length victory. I'll watch with interest though to see how your future bets get on.
 
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