Forums

We want to share an important update with our Betfair Community users.

Over the coming months, the Betfair Community platform will be winding down. The final active day for the platform will be December 21st. From December 22nd, users will no longer be able to access the platform.

Your discussions, insights, engagement, and, most importantly, feedback have helped shape the platform and guided innovation. Your feedback continues to be important to us, and we will continue to listen via our dedicated feedback channels, as well as through product testing and innovations.

To share your feedback and experience, visit: https://support.betfair.com/app/home

General Betting

Welcome to Live View – Take the tour to learn more
Start Tour
There is currently 1 person viewing this thread.
TheGlobber
17 Aug 10 09:40
Joined:
Date Joined: 03 Aug 10
| Topic/replies: 36 | Blogger: TheGlobber's blog
(Posted on football forum as well by mistake)

If i back lets say the Draw for a football match at 4,00 and the bet is unmatched, do i actually wait for someone to lay the Draw at 4,00?

If so, how do you calculate the stakes that have to be placed for a bet to be matched? Meaning, lets say i bet 10 euros at a price of 4,00. That means that in case i win i ll get a profit of (after commission):

(4,00-1)*10*0.95 = 28.5

So I actually wait for someone to lay the Draw at 4,00 but for how much in order for my bet to be fully matched?

Thanx in advance
Pause • Switch to Standard View Quick question about unmatched bets?...
Show More
Loading...
Report Deltâ • August 17, 2010 9:48 AM BST
h
in
h

please
Report tier • August 17, 2010 9:50 AM BST
same amount of course...only his/her liability is bigger but the amount is the same
Report TheGlobber • August 17, 2010 9:51 AM BST
Could you be more specific?

Please
Report TheGlobber • August 17, 2010 9:51 AM BST
Thanx @ tier
Report tier • August 17, 2010 9:53 AM BST
it is hard to be more specific....if you want to back 10 euros then this other one must lay 10 euros in order to fully match your bet. Your liability will be 10 euros because you are backing at 4.0 but his liability will be 30 euros because his laying at 4.0
Report TheGlobber • August 17, 2010 9:53 AM BST
But his/her liability should cover your win right?

I mean if you are supposed to get a profit (after commission) of 30 euros then his liability should be 30 euros.. Correct?
Report tier • August 17, 2010 9:54 AM BST
correct
Report TheGlobber • August 17, 2010 9:55 AM BST
"More specific" was a reply to Delta not you.. I fully understood what you said..
Report TheGlobber • August 17, 2010 9:56 AM BST
Ok.. Thanx a lot, tier..
Post Your Reply
<CTRL+Enter> to submit
Please login to post a reply.

Wonder

Instance ID: 13539
www.betfair.com