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Hi guys, I appreciate that before one makes a bet you should know the rules,but I thought cash out on Betfair was a simple matter. So I backed Russell Henley to win the Wyndham(,£44@38) wins about £1480,so I thought a cash out of £696 was reasonable and so I pressed the cash out button and now my balance has been credited with £44????????
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That's correct , now you should see a green book ,, payout after finishes tomorrow night
Exchange and Sportsbook two totally different type of cashouts,
You have in effect traded Henley for a positive position
You have in effect traded Henley for a positive position
Sportsbook cash out pays you and finishes bet
Exchange cash out alters your finishing
position and you get paid when
tournament finishes
The 44quid exposure is removed
so available balance goes back up.
Exchange cash out alters your finishing
position and you get paid when
tournament finishes
The 44quid exposure is removed
so available balance goes back up.
Thanks, Biencathra for putting my mind at rest.I am not sure if betting on golf is my game.One of my two selections last week was Cal Smith.65,62,65.last round 72 thats the second time he's let me down for around six grand and he has bottled it .A player possibly to bet to win a single round but not the tournament.Thanks guys for your help in this matter
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