Better Loosen Up
Brownlow Medallist
Caulfield R8 N1 Kings Consort
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AFLW 2024 - Round 10 - Chat, game threads, injury lists, team lineups and more.
$7.50 place fill your boots!! Suncraze outStarlight Stakes
FOX FIGHTER 1u $26/3u $7.50 Sportsbet
$7.50 place fill your boots!! Suncraze out
Can someone please explain to me Betfair, more so the ins and outs of laying a horse. I have a futures multi going and now only need Cascadian to win the Northerly to get up. When laying it, the liability is how much money I am willing to place correct? And the stake section is how much profit I will get back if the horse doesn’t win? Example, I’ve got $250 in the liability section, with $65.79 in the stake section. That $65.79 is profit on top of my $250 bet yes? Not just $65.79 returned (effectively a loss)??
Ok I understand it better now, thanks for clearing that up for meView attachment 1562039
Using an example
odds = the odds you've given them $3.65
Stake = the money you win if this horse loses, Eg $50
Liability = the money you lose if this horses wins Eg $132.50
You're basically being the bookie and giving someone 3.65 odds on that horse
Also there are like 5-10% commission fees depending on the market
+18.5uStarlight Stakes
FOX FIGHTER 1u $26/3u $7.50 Sportsbet
Where have you been?+18.5u
Got stuck under the RockWhere have you been?
Why would I keep posting here? No appreciation for the work I put in and apparently copying others tips. Don't need that mate, that was my last setWhere have you been?