New Posts For Thread: quick question .https://community.betfair.com/horse_racing/go/thread/view/94102/28496287/quick-questionWhats the difference between laying to liability and payout ????Does anybody here , lay to payout and why ?cant seem to grasp it properly cheersHi Pete the BlokeI meant the OP's question. Beat The Overround has expounded at length on the subject of laying at Betfair SP to a fixed liability.It's a bumpy ride but there is an edge.https://community.betfair.com/horse_racing/go/thread/view/94102/28496287/quick-question?post_id=509846247#509846247Hi Pete the BlokeI meant the OP's question. Beat The Overround has expounded at length on the subject of laying at Betfair SP to a fixed liability.It's a bumpy ride but there is an edge.Tue, 11 Oct 2011 04:39:02 -0500Hi Swifty. Do you mean the Bet d a q type tool? They've had it years, I think. I'm surprisedit's not on this site.https://community.betfair.com/horse_racing/go/thread/view/94102/28496287/quick-question?post_id=509813349#509813349Hi Swifty. Do you mean the Bet d a q type tool? They've had it years, I think. I'm surprisedit's not on this site.Mon, 10 Oct 2011 08:34:51 -0500this is key imohttps://community.betfair.com/horse_racing/go/thread/view/94102/28496287/quick-question?post_id=509808703#509808703this is key imoMon, 10 Oct 2011 05:50:15 -0500Payout is a make-believe scenario that imagines you are a bookie putting notes in yoursatchel. Take 100-10 you add a tenner to your satchel (field money) but you'll be out £110if it wins. For BF purposes it is useless in my humble opinion.More usefuhttps://community.betfair.com/horse_racing/go/thread/view/94102/28496287/quick-question?post_id=509807479#509807479Payout is a make-believe scenario that imagines you are a bookie putting notes in yoursatchel. Take 100-10 you add a tenner to your satchel (field money) but you'll be out £110if it wins. For BF purposes it is useless in my humble opinion.More usefuMon, 10 Oct 2011 04:42:25 -0500any advice please ?https://community.betfair.com/horse_racing/go/thread/view/94102/28496287/quick-question?post_id=509807403#509807403any advice please ?Mon, 10 Oct 2011 04:35:35 -0500cheers onlooker , i'm probably not explaining myself correctly .I only lay WIN , and have been laying to lose 5% of bank , roughly £100 .If more than one selection in any race , obviously the liability becomes less , Would i be better laying liabihttps://community.betfair.com/horse_racing/go/thread/view/94102/28496287/quick-question?post_id=509794873#509794873cheers onlooker , i'm probably not explaining myself correctly .I only lay WIN , and have been laying to lose 5% of bank , roughly £100 .If more than one selection in any race , obviously the liability becomes less , Would i be better laying liabiSun, 09 Oct 2011 17:12:48 -0500That depends on you assertion as to the horses chances.Say 3 horses ... @ 3.0 (2/1) - 4.5 (7/2) - and 6.6 (touch above 11/2) - for simplicity.If you want to PAYOUT £100 - whichever wins = Use Payout, by inserting 100 in the PAYOUT Box/Option.It willhttps://community.betfair.com/horse_racing/go/thread/view/94102/28496287/quick-question?post_id=509793657#509793657That depends on you assertion as to the horses chances.Say 3 horses ... @ 3.0 (2/1) - 4.5 (7/2) - and 6.6 (touch above 11/2) - for simplicity.If you want to PAYOUT £100 - whichever wins = Use Payout, by inserting 100 in the PAYOUT Box/Option.It willSun, 09 Oct 2011 16:30:58 -0500cant seem to grasp it properly Me too100 liability110 payoutmust be some reason for itsomeone ?https://community.betfair.com/horse_racing/go/thread/view/94102/28496287/quick-question?post_id=509793455#509793455cant seem to grasp it properly Me too100 liability110 payoutmust be some reason for itsomeone ?Sun, 09 Oct 2011 16:25:42 -050011kv I fully understand the meaning of liability and payout.I am just not sure which one i should be using ?Say for eg i'm laying 2 horses in the same race - would i be better using liability or payout ?https://community.betfair.com/horse_racing/go/thread/view/94102/28496287/quick-question?post_id=509793107#50979310711kv I fully understand the meaning of liability and payout.I am just not sure which one i should be using ?Say for eg i'm laying 2 horses in the same race - would i be better using liability or payout ?Sun, 09 Oct 2011 16:14:49 -0500One of the basic principles at Betfair is that a customer is only allowed to risk funds that are available in their account.Liability (sometimes also referred as Exposure) is a term which represents the amount of money used to cover a bet. This liabihttps://community.betfair.com/horse_racing/go/thread/view/94102/28496287/quick-question?post_id=509792761#509792761One of the basic principles at Betfair is that a customer is only allowed to risk funds that are available in their account.Liability (sometimes also referred as Exposure) is a term which represents the amount of money used to cover a bet. This liabiSun, 09 Oct 2011 16:04:04 -0500