General Betting
There is currently 1 person viewing this thread.
26 Aug 10
10:13
Joined:
Date Joined:
09 Jul 09
Hi all,
I'm trying to understand the use of the "Payout" calculator
on our beloved site!
I don't have a problem with "Liability" but the other option is confusing me.
For instance I am wanting to lay a number of my selections in The Place Market.
The longest price is 6.6
and the shortest is 1.7
I have put £14.00 in the box as it will not accommodate all my selections at much less.
The stakes are 6.6 @ £2.12 down to 1.7 @ £8.23
Liability on each in "Place Bets" is £13.99
The thing I can't grasp is that in the projected figures
each liability is reduced by the stake amount so I am showing £11.87 on the 6.6 and 5.76 on the 1.7
I would have expected it to be £13.99 x number to place
which would then be reduced by the win (for me) stakes
on the rest of the selections!
Sorry if I am being stupid but I was away from school when they did Payout Staking!
I'm trying to understand the use of the "Payout" calculator
on our beloved site!
I don't have a problem with "Liability" but the other option is confusing me.
For instance I am wanting to lay a number of my selections in The Place Market.
The longest price is 6.6
and the shortest is 1.7
I have put £14.00 in the box as it will not accommodate all my selections at much less.
The stakes are 6.6 @ £2.12 down to 1.7 @ £8.23
Liability on each in "Place Bets" is £13.99
The thing I can't grasp is that in the projected figures
each liability is reduced by the stake amount so I am showing £11.87 on the 6.6 and 5.76 on the 1.7
I would have expected it to be £13.99 x number to place
which would then be reduced by the win (for me) stakes
on the rest of the selections!
Sorry if I am being stupid but I was away from school when they did Payout Staking!
sort by:
Show
per page
Replies: 1
|
By:
Ok....I was being stupid and, in a few more minutes,
worked it out for myself.......  |