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Customers can place their bets at any point along this scale, which acts as leverage against their bet. If a customer wins, he earns many times the cost of his original stake. However, if the bet sours, he loses a multiple of the initial stake. Take a ?10 bet that the FTSE 100 will end the day higher, when the spread is quoted at 55-57. But if the FTSE 100 lurches downwards and the punter loses, the gamble would make him ?570 poorer.