Liability staking re: back bets

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paddyhaha
Posts: 2
Joined: Tue Feb 09, 2016 5:59 pm

Hi.
Looking for some help please on the following problem.

I have been experimenting with betting "By liability back and lay" on the one click screen using a stake of £3 for back and lay on horseracing. I have noticed that if I backed "in running" at very low odds i.e. 1.05 that the back stake exceeds the £3 liability by a large amount.
Is there a method /setting to overcome this?

I was using offset bet with greening and fortunately the horse won.
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Dallas
Posts: 23815
Joined: Sun Aug 09, 2015 10:57 pm

A stake of £60 would be used at those odds

What sized bet were you getting?
Did you check the Bet Angel log as that would show what odds the bet was placed at and what the stake used was?
paddyhaha
Posts: 2
Joined: Tue Feb 09, 2016 5:59 pm

Hi.
Yes you are correct .It was a £60 stake at 1.05. I was expecting the maximum stake to be £3.

Have I misunderstood how the liability function works ?
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Dallas
Posts: 23815
Joined: Sun Aug 09, 2015 10:57 pm

For what you want you'd just use the regular 'Fixed Stake" method

When staking 'by liability (back and lay)' for lay bets you are setting the amount to want to risk but when backing this becomes the opposite so is now the amount you will win
So to achieve a £3 profit placing a back bet at odds of 1.05 would require a stake of £60

Each of the staking methods are explained fully on this page of the user giide
https://www.betangel.com/user-guide/sta ... thods.html
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