Hello,
I have been using betfair for a while, but never really fully understood what the £ values under the odds mean? If for example the back odds are 1.5 and under these odds it says £200 does that mean I can back £200 or less and it will be matched instantly?
Thanks
Dan
Major noob question about matching bets
- SeaHorseRacing
- Posts: 2896
- Joined: Fri May 20, 2016 7:06 pm
Yes thats correct. If you wanted to back at those odds that is how much money is available. You can add your stake to the back of the que at those odds too. So if it was £200 at 1.5 on the back price you could lay the horse say for £10 at 1.5 and now the back price will be £210.
So if theres money on the back price that means someone has put a lay bet up. It works vice versa.
In order to take back money there must be someone laying. Or many laying at differnt stakes sizs to make that £200.
So if theres money on the back price that means someone has put a lay bet up. It works vice versa.
In order to take back money there must be someone laying. Or many laying at differnt stakes sizs to make that £200.