New Posts For Thread: Spread betting overroundshttps://community.betfair.com/general_betting/go/thread/view/94082/29070215/spread-betting-overroundsI know how the spread betting markets work , but what i cant get my head round is how to work out the overround like you can for normal fixed odds markets.Could someone please explain with an example i have given below . S.Hendry v S.Bingham Win indeThe formula for working out race horse spreads is (odds = decimal odds)Points for 1st / Odds of horse finishing 1st +Points for 2nd / Odds of horse finishing 2nd +Points for 3rd / Odds of horse finishing 3rd +Points for 4th / Odds of horse finishinghttps://community.betfair.com/general_betting/go/thread/view/94082/29070215/spread-betting-overrounds?post_id=518795641#518795641The formula for working out race horse spreads is (odds = decimal odds)Points for 1st / Odds of horse finishing 1st +Points for 2nd / Odds of horse finishing 2nd +Points for 3rd / Odds of horse finishing 3rd +Points for 4th / Odds of horse finishingThu, 19 Apr 2012 11:13:23 -0500Thank you very much for that , pretty simple really when you show it like that !!!!!!!!!!!!!! much appreciated and thanks againhttps://community.betfair.com/general_betting/go/thread/view/94082/29070215/spread-betting-overrounds?post_id=518782745#518782745Thank you very much for that , pretty simple really when you show it like that !!!!!!!!!!!!!! much appreciated and thanks againThu, 19 Apr 2012 05:57:48 -0500one more:I wrote "If you want to do this without betting on every horse"... this is wrong and has nothing to do with your problem.https://community.betfair.com/general_betting/go/thread/view/94082/29070215/spread-betting-overrounds?post_id=518782583#518782583one more:I wrote "If you want to do this without betting on every horse"... this is wrong and has nothing to do with your problem.Thu, 19 Apr 2012 05:51:14 -0500"Also could someone also expalin if there is a way of converting the horse indices into fixed odds for a comparable when they offer 50-25-10 .Any answers would be much appreciated !!!"If you want to do this without betting on every horse you would nehttps://community.betfair.com/general_betting/go/thread/view/94082/29070215/spread-betting-overrounds?post_id=518782567#518782567"Also could someone also expalin if there is a way of converting the horse indices into fixed odds for a comparable when they offer 50-25-10 .Any answers would be much appreciated !!!"If you want to do this without betting on every horse you would neThu, 19 Apr 2012 05:50:11 -0500i never understood the point in betting on win/lose outcomes via a spreadbet - I guess some people prefer it.Anyway - lets work it out:Buy Hendry (back Hendry) = 12.5/25 = 50% (like Betfair 2.0)Buy Bingham (back Bingham ) = 14/25 = 56% (like Betfairhttps://community.betfair.com/general_betting/go/thread/view/94082/29070215/spread-betting-overrounds?post_id=518782423#518782423i never understood the point in betting on win/lose outcomes via a spreadbet - I guess some people prefer it.Anyway - lets work it out:Buy Hendry (back Hendry) = 12.5/25 = 50% (like Betfair 2.0)Buy Bingham (back Bingham ) = 14/25 = 56% (like BetfairThu, 19 Apr 2012 05:45:06 -0500I know how the spread betting markets work , but what i cant get my head round is how to work out the overround like you can for normal fixed odds markets.Could someone please explain with an example i have given below . S.Hendry v S.Bingham Win indehttps://community.betfair.com/general_betting/go/thread/view/94082/29070215/spread-betting-overrounds?post_id=518782147#518782147I know how the spread betting markets work , but what i cant get my head round is how to work out the overround like you can for normal fixed odds markets.Could someone please explain with an example i have given below . S.Hendry v S.Bingham Win indeThu, 19 Apr 2012 05:33:45 -0500