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.
New to Back and Lay Betting
- newsyks
- Gaining experience
- Karma: 2
- akujieze
- Gaining experience
- Karma: 1
Post
Re: New to Back and Lay Betting
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.
- Bubbles
- To become a Pro
- Karma: 8
Post
Re: New to Back and Lay Betting
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 edited by Bubbles on Thu Dec 15, 2016 11:57 pm, edited 1 time in total.