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20 Jul 11
17:54
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25 Oct 09
I seen a match, to lay against a team winning was 4.7. If you stake £20 your liability was £74 and the payout was £94. How much does one win? and how much does one need to have in his account to cover the bet?
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If you laid that you would lay a backers bet on that team for £ 20. So if that team doesn't win youu win the backers stake which is £ 20.
You give the backer the odds of 4.7 ( 3.7/1) so if that team win you will lose £ 74. £ 74 is therefore your liability and also the least amount you need to have in your account to lay that bet.
You give the backer the odds of 4.7 ( 3.7/1) so if that team win you will lose £ 74. £ 74 is therefore your liability and also the least amount you need to have in your account to lay that bet.
http://betfair-en.custhelp.com/app/answers/detail/a_id/6482/p/107/b/97
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