Placing a lay bet only

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Bhupsie
Posts: 13
Joined: Sat Sep 16, 2023 2:09 pm

Hi everyone, I am a newbie so forgive me for asking what may be a simple answer

I put a lay bet on the ladder and the horse didn't win. Instead of winning some money it was showing I had lost. It was a straight bet with no offsetting or hedging

So my question is can I use the ladder JUST for lay bets or I need to place a back bet as well.

Or did I execute it incorrectly

Many thanks

Bhupi
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Euler
Posts: 26688
Joined: Wed Nov 10, 2010 1:39 pm

You can certainly use the ladder just for lay bets. When you place a lay bet, you are essentially betting against a particular outcome. If the horse you bet against didn't win, you should have won your bet.

If you're seeing a loss despite the horse not winning, it's possible that there was an error in your execution. You may have had offsetting switch on or some other trading function.

Perhaps check the log to see exactly what Bet Angel did. The log stores data from several sessions, so you should be able to see everything in there.
weemac
Posts: 1475
Joined: Mon Sep 16, 2013 8:16 pm

Maybe you clicked the wrong column on your ladder. Easily done when you're new.
Bhupsie
Posts: 13
Joined: Sat Sep 16, 2023 2:09 pm

Thank you. I will try again and take a screen shot
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ShaunWhite
Posts: 10629
Joined: Sat Sep 03, 2016 3:42 am

Have you checked your Betfair Bet History?
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