Betfair-help needed

Bluemoon115 said:
Well Ladbrokes has that at 50/1, so I'd go there tbh.
74/1 on betfair. Can't understand why anyone uses bookies anymore as betfair prices are better 99% of the time.
 
Sounds like you've not got you're head round laying at Betfair, so I'd stay clear!
If you are laying, you are being the bookie, so if you lay 3-3 at 75-1, for you to 'win' the punters £10 then you have to be prepared that if the 'punter' wins and it is 3-3 then you'd have to pay him £750.
 
Duphrates said:
Sounds like you've not got you're head round laying at Betfair, so I'd stay clear!
If you are laying, you are being the bookie, so if you lay 3-3 at 75-1, for you to 'win' the punters £10 then you have to be prepared that if the 'punter' wins and it is 3-3 then you'd have to pay him £750.

in simple terms. reverse the odds of the original bet
 
I knew it wouldnt be 3-3

Betfair is not a bookmaker
Backing Odds can be better than betting with a bookie (but they take 5% from winnings)
Betfair dont do Antepost betting
Betfair dont accommodate doubles, trebles etc
 
Duphrates said:
Sounds like you've not got you're head round laying at Betfair, so I'd stay clear!
If you are laying, you are being the bookie, so if you lay 3-3 at 75-1, for you to 'win' the punters £10 then you have to be prepared that if the 'punter' wins and it is 3-3 then you'd have to pay him £750.

I agree with the above, 100% (if in doubt - stay out!)

However, if you fancy testing yourself for gambling smarts, try this:-

<a class="postlink" href="http://www.okcupid.com/tests/the-professional-gambler-aptitude-test" onclick="window.open(this.href);return false;">http://www.okcupid.com/tests/the-profes ... itude-test</a>

(it's the professional gambler aptitude test on OKCupid; it's serious - but it's also fun)
 

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