Betfair question

[Guest Si]

bit of newbie to betfair but id like to give it a try;

 

If I lay a particular bet what does liability actually mean?

 

Do I have to pay out more than I actually stake if my bet doesnt come off?

 

eg. I can lay Nalbandian against winning the Aussie Open.

 

Pink box has 19 in - I stick 10 quid in as my stake and liability is 185 quid - does that mean if he does win it I owe 185 quid?

 

Secondly I could lay Federer at 1.84.

 

Stake is 10 quid quid, liability comes back as £8.40 - does that mean a dont lose all my stake if he was to win?

Edited January 19, 2008 by Si

[Gunga Din]

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Edited January 20, 2008 by big wayne

[Guest Si]

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[Gunga Din]

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[fyds]

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[Earl Hafler]

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