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14 Aug 21 09:49
Date Joined: 14 Dec 10
| Topic/replies: 245 | Blogger: angrybryan's blog
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????????
Pause Switch to Standard View URGENT WHAT THE HELL HAS HAPPENED,!.
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Report Blencathra August 14, 2021 10:14 AM BST
That's correct , now you should see a green book ,, payout after finishes tomorrow night
Report Blencathra August 14, 2021 10:18 AM BST
Exchange and Sportsbook two totally different type of cashouts,

You have in effect traded Henley for a positive position
Report ----you-have-to-laugh--- August 14, 2021 11:22 AM BST
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.
Report angrybryan August 14, 2021 11:27 AM BST
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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