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General Betting
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13 Apr 10
13:55
Joined:
Date Joined:
08 Nov 02
Like an idiot I have placed a bet whilst distracted.
I've backed a horse in the TO BE PLACED market at odds : 2.12
I placed £95.00 on it! (don't ask)
How do I trade out of this please?
I've backed a horse in the TO BE PLACED market at odds : 2.12
I placed £95.00 on it! (don't ask)
How do I trade out of this please?
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Replies: 17
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dial 999
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No different from any other market, lay it.
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lay at the same price for the same amount of money or at the current price, either winning or losing a few pounds. Go to more options and click 'WHAT IF' to get the required green or red
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The horse is currently now : 2.18 TO BACK and 2.24 TO LAY
What would you do in this situation? Thanks. |
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trade out to a level loss, I would.
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Agree with 1.01 Layer. Take the small loss and save your heart.
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Sorry about this. I want to learn how to trade, so this may well be a blessing in disguise.
This trading lark scares me to death... So if I enter: 2.12 as my lay odds, will it get matched straight away? |
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THe pink price is the laying price
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I know that yeah lol
So, if I take the current lay price of 2.22 I will lose £9.46 Does that sound right? |
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TLK , you have been on here for almost 8 years and should know this by now , but if you still are insecure , just put in a lay of £ 2 at 2.12 and see what happen.
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Yes but you can juggle the amount so you are - £ 4.00 odd either way.
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If you use the "what if" with google chrome, beware incorrect figures btw
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The Lizard King 13 Apr 15:19
I know that yeah lol So, if I take the current lay price of 2.22 I will lose £9.46 Does that sound right? You nwould lose £ 9.46 if the horse placed , but you **uld break even if it didn't place. |
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Thank you Eddie The Eagle.
That's what I've ended up doing. Yes, I've been here about 8 years (didn't know it was that long!) but I've never traded before. Simply because it confuses me. I've just had a crash course from you lot as it was panic stations time. I realise I need to learn this as it seems every body who knows what they're doing on betfair - knows how to do it. Thanks all. |
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I thought you might like to know that the horse I backed was 'Vanilla Loan' who has just won....
ARRRRRRRRRRRRGGGGGGGGGGGHHHHHHHHHHHHH!!! lol |
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HAHAHAHA :D :D
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It's ok, I'd backed it to win too.............
I didn't have £95.00 on the place though lol. |