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Post by rob on Dec 3, 2004 17:28:32 GMT 1
if I lay a bet, of say £10? Altho my liability may £20, what profit will i get? Do i only stand to make £10 back?
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Post by shrewforever on Dec 3, 2004 18:27:08 GMT 1
Not really sure I fully understand your question but..........
Its all about odds..
If you lay a bet,i.e play bookie, say£10 at even money and someone accepts it and they win you pay them £10.If they lose the bet they pay you £10.
If you offer 3/1 to £10 and they win you pay them £30.If they lose they pay you £10,.......etc,etc.
If you aint too clued up on this sort of thing I'd stick to betting,not laying until you've got it fully clear.
Contrary to popular belief layers can go skint just as quickly as those who bet particularly if they aint too sure on how the system works.
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Post by rob on Dec 3, 2004 18:31:34 GMT 1
cheers  think i'll just stuck to betting at the moment  |
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Post by ratcliffesghost on Dec 4, 2004 8:26:16 GMT 1
if I lay a bet, of say £10? Altho my liability may £20, what profit will i get? Do i only stand to make £10 back? I've "laid" Histon at 4.5 today I will win 50 quid if Yeovil win or its a Draw But will pay out 4.5 x 50 quid if Histon win (There is no admin/commission charge for regular users  ) Thats the gamble, but you do have 2 of the 3 possible results in your favour |
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