Betfair question on backing and laying

News, chat and debate about the Betfair betting exchange.
Post Reply
sadfutures
Posts: 1
Joined: Thu Apr 05, 2012 10:16 pm

hi people, looked to answer my question on google and this board but with no success so here goes . .

If i backed an outcome and then went to lay the same outcome but didn't have the sufficient funds to complete the lay, would i still be able to place the lay because potentially i wouldn't be anymore exposed.

for example Betfair balance £200
Back £100 at odds of 20
Lay £100 at odds of 19

would i be able to place the lay bet ?

Thanks Stu
User avatar
Euler
Posts: 26426
Joined: Wed Nov 10, 2010 1:39 pm

Yes, but it wouldn't work the other way around as your initial liability on your lay would be much higher than your balance.
Alpha322
Posts: 929
Joined: Fri Oct 30, 2009 4:45 pm

sadfutures wrote:hi people, looked to answer my question on google and this board but with no success so here goes . .

If i backed an outcome and then went to lay the same outcome but didn't have the sufficient funds to complete the lay, would i still be able to place the lay because potentially i wouldn't be anymore exposed.

for example Betfair balance £200
Back £100 at odds of 20
Lay £100 at odds of 19

would i be able to place the lay bet ?

Thanks Stu
You should actually be staking £10 on back side as part of a trading money management strategy, thats if you are trading
Post Reply

Return to “Betfair exchange”