New to Back and Lay Betting

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akujieze
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akujieze

New to Back and Lay Betting
« on: December 15, 2016, 10:33:53 PM »

Hello Everyone,Please i am new to arbitrage On Back and Lay betting, to Start wit i have some few Questions.
before that let me state an Example;
If at bet356 i am to back Team A @3.5 and Lay for Betfair Team A @2.86. How do i go about? Is there a calculator different for the Surebet? How much to Back and How much to Stake? how to calculate the commission and all?

i have done some research but i am not still understanding how it works, The Liability, commission and all at betfair?
Please can someone very Nice and Kind help me out here,
Thank you.
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newsyks
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newsyks

Re: New to Back and Lay Betting
« Reply #1 on: December 15, 2016, 10:49:23 PM »

I use this calculator: http://www.trickybet.net/lay-calculator
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akujieze
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akujieze

Re: New to Back and Lay Betting
« Reply #2 on: December 15, 2016, 11:12:03 PM »

Thanks, after i input the amount at the "Bet a Stake" then i put the Back and Lay odds and Click on Calculate. Then it shows "Under Lay" , "Standard Match" and "Over Lay". Which one should i go for? Using the example i gave on my first Post.
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Bubbles
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Bubbles

Re: New to Back and Lay Betting
« Reply #3 on: December 15, 2016, 11:30:12 PM »

You can use all of them. Read what's written under each option. This will show you how your profit would be distributed depending on which option you choose. 
« Last Edit: December 15, 2016, 11:57:09 PM by Bubbles » Logged
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