New Posts For Thread: how betfair works?https://community.betfair.com/world_cup/go/thread/view/107734/25173457/how-betfair-workshello people im new to betfair and am just looking for a bit of information on how it works, if you lay or back a bet on here has someone got to match the bet for it to come into affect or will betfair itself take bets off you? also how do you no ifYeah. I've been here a while.Over the last six months I put 1,730 euro on Germany in bits and pieces at an average 15.2 for a potential 25k win. In the last week I laid off 2,000 euro at 9s. So now I have my money back, a guaranteed profit ofhttps://community.betfair.com/world_cup/go/thread/view/107734/25173457/how-betfair-works?post_id=454133249#454133249Yeah. I've been here a while.Over the last six months I put 1,730 euro on Germany in bits and pieces at an average 15.2 for a potential 25k win. In the last week I laid off 2,000 euro at 9s. So now I have my money back, a guaranteed profit ofTue, 29 Jun 2010 08:35:31 -0500turned out nice again george ...why dont you go and play with your little stick of blackpool rockhttps://community.betfair.com/world_cup/go/thread/view/107734/25173457/how-betfair-works?post_id=454090525#454090525turned out nice again george ...why dont you go and play with your little stick of blackpool rockMon, 28 Jun 2010 21:51:17 -0500nice one kincsem i am starting to get the idea now, have you been on here a while you seem to no the score!! do you do well on here or is it pretty much 50/50? i would never of backed germany or argentina before the world cup cos of the way they werehttps://community.betfair.com/world_cup/go/thread/view/107734/25173457/how-betfair-works?post_id=454076925#454076925nice one kincsem i am starting to get the idea now, have you been on here a while you seem to no the score!! do you do well on here or is it pretty much 50/50? i would never of backed germany or argentina before the world cup cos of the way they wereMon, 28 Jun 2010 20:06:23 -0500georgeformby sound, do you find it better laying the bets or backing them? A good way to get started is to back something at a big price in an event that takes a long time to play (or where the market is up for many months). This way you bet small ahttps://community.betfair.com/world_cup/go/thread/view/107734/25173457/how-betfair-works?post_id=454075793#454075793georgeformby sound, do you find it better laying the bets or backing them? A good way to get started is to back something at a big price in an event that takes a long time to play (or where the market is up for many months). This way you bet small aMon, 28 Jun 2010 19:57:10 -0500* think (not thing)https://community.betfair.com/world_cup/go/thread/view/107734/25173457/how-betfair-works?post_id=454072125#454072125* think (not thing)Mon, 28 Jun 2010 19:19:50 -0500Just be very careful when you are betting.You can lay a team when you intended to bet on that team. Just stop and thing a bit before you hit the button. Everyone has made that mistake.https://community.betfair.com/world_cup/go/thread/view/107734/25173457/how-betfair-works?post_id=454072061#454072061Just be very careful when you are betting.You can lay a team when you intended to bet on that team. Just stop and thing a bit before you hit the button. Everyone has made that mistake.Mon, 28 Jun 2010 19:19:27 -0500sound, do you find it better laying the bets or backing them?https://community.betfair.com/world_cup/go/thread/view/107734/25173457/how-betfair-works?post_id=454072001#454072001sound, do you find it better laying the bets or backing them?Mon, 28 Jun 2010 19:18:56 -0500eg if the back price is 2 and the lay price is 2.06 and you want to lay you could lay at 2.06 knowing that ur bet is placed, or u could lay at 2 or 2.02 and wait for it to get matchedhttps://community.betfair.com/world_cup/go/thread/view/107734/25173457/how-betfair-works?post_id=454071721#454071721eg if the back price is 2 and the lay price is 2.06 and you want to lay you could lay at 2.06 knowing that ur bet is placed, or u could lay at 2 or 2.02 and wait for it to get matchedMon, 28 Jun 2010 19:16:23 -0500thank you very much for that :-)https://community.betfair.com/world_cup/go/thread/view/107734/25173457/how-betfair-works?post_id=454071545#454071545thank you very much for that :-)Mon, 28 Jun 2010 19:14:16 -05001) if you lay or back a bet on here has someone got to match the bet for it to come into affectThe odds available and the amount of money available at those odds in on the screen for that event.If you do not like the prices e.g odds of 10 are offeredhttps://community.betfair.com/world_cup/go/thread/view/107734/25173457/how-betfair-works?post_id=454071317#4540713171) if you lay or back a bet on here has someone got to match the bet for it to come into affectThe odds available and the amount of money available at those odds in on the screen for that event.If you do not like the prices e.g odds of 10 are offeredMon, 28 Jun 2010 19:11:51 -0500