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Laying bets

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Author Topic: Laying bets  (Read 696 times)
MilasiusZ
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« on: January 06, 2016, 10:11:50 AM »

Hi,

For example I have made a bet of 100euros on 1.9odds, and the other bet of 2.20 is gone, so I can't make a sure bet.
How does laying work? If I lay the same bet with odds better than 1.9 I am already in profit? How do you calculate that?

Thanls!
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« Reply #1 on: January 06, 2016, 10:17:07 AM »

If you are talking about Betfair, you need to lay at 1.85 to break even (assuming 5% commission)

You say "with odds better than 1.9"  but when laying you are looking to lay someone the lowest odds possible, IE laying your bet at 1.84 is better than 1.85 etc
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« Reply #2 on: February 10, 2016, 04:01:56 PM »

You check in here https://betting.betfair.com/what-is-lay-betting.html
Here you will find more info about liability also.
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