Does anyone have any thoughts on why BF double the figure given for money matched when it is only at evens that the liability would be the same for backer and layer.
Surely only the back bet figure should be taken into account, or am I missing something.
Why do BF double the money matched?
-
JollyGreen
- Posts: 2047
- Joined: Sat Mar 21, 2009 10:06 am
For every Pound/Euro backed there has to be an equal amount laid.
I see what you are saying but if I back £100 at 1.1 the persons risk by accepting that bet is only £10. Total £110 not £200. It also works the other way that if I back £100 at 5/1 my risk is £100 and the layers £500. Total £600. So doubling does not seem a true reflection of the true liabilies which will be considerably higher.
-
superfrank
- Posts: 2762
- Joined: Fri Aug 14, 2009 8:28 pm
I suspect is was a decision taken in the early days to make the turnover look more impressive and that they just decided to stick with it.
It is a bit daft though, and it would be better if Bet Angel divided those amounts by 2 before displaying them in the software.
It is a bit daft though, and it would be better if Bet Angel divided those amounts by 2 before displaying them in the software.