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General Betting

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chene
30 Apr 12 20:23
Joined:
Date Joined: 30 Apr 12
| Topic/replies: 3 | Blogger: chene's blog
Hi Guys

Ive had a LAY bet tonight on United NOT to win. I dont really get it.

The backer's odds are 4
The backer's stake is £21.00
My Liability is £63

If the bet doesnt come in, is the MAX I lose £63????

Help!!

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Replies: 10
By:
Andriy
When: 30 Apr 12 20:31
Yes, if MU win, you lose £63.

If it's a draw or MC win, you win £21.

In effect you've acted as the bookie offering 3/1 (BF 4.0) about a MU win, and he's staked £21.
By:
chene
When: 30 Apr 12 20:38
Do I get the stake back? For example, If MU DONT win, do I get the £21 PLUS my £63 - leaving me with £84 in total?
By:
Deltâ
When: 30 Apr 12 20:43
u dont get 63
By:
chene
When: 30 Apr 12 20:45
How can that be?

I lay £63 on Utd NOT to win and they DONT win, but I lose the £63 but win the £21, leaving me £42 down on a bet I win? Im really confused.
By:
dunter1
When: 30 Apr 12 21:32
Your offering your opposite number £63 f your WRONG and winning £21 if your RIGHT
By:
yuvutu
When: 30 Apr 12 21:38
you wont lose the 63, you will get the 21 and you wont be paying out the liability of 63 so that will be added bk to your bank....
By:
longbridge
When: 01 May 12 10:52
http://betfair-en.custhelp.com/app/answers/detail/a_id/6482/p/107/b/97
By:
Lori
When: 02 May 12 22:27
chene • April 30, 2012 8:38 PM BST


Do I get the stake back? For example, If MU DONT win, do I get the £21 PLUS my £63 - leaving me with £84 in total?


Correct.
By:
Snorki
When: 03 May 12 03:00
lol
By:
Aunty Post
When: 03 May 12 11:29
I would seriously question the responsibility, of laying to a liability as high as £63, when you
don't even understand how the business works!

Have you really only been on here for four days?

You should be on minimum stakes/liability (£2 or less if you can work that out) until you get
the business sorted out!
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