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My favourite staking (backing or laying) is to return 100 points
dependent on price. Example: laying, say a 6/4 chance take 40 to lose 60 (40+60=100) laying, say 1/1 chance, take 50 to lose 50 (50+50=100) laying, say a 4/5 chance, take 55 to lose 44 (55+44=99) etc, etc. Nothing magical about it, and method of selection needs to be sound. |
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Thanks for the comments. That is what I am doing at the moment so I guess I am on the right lines
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Surely liability? Otherwise depending on the value you lay the amount liable could vary from pennies to many thousands of pounds/
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Kelly.
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liability.
Lets face it, if you wanted to Back a horse in your local bookies' and the guy behind the counter asked how much you wanted to bet, would you say 'Oh, I dunno, you decide'? |
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Or if you were backing walk into a bookie and say "I want to win £X, just take enough from me to cover that at current odds".
Doesn't really make sense. |