Stupid question, I'm sure.
Registered on Betfair, went to lay a bet. Now, on the right hand side, it indicates my liability and payout, depending on which I select.
Liability is fine, that makes perfect sense, but what the heck is payout? It seems to be the stake plus the liability, but I don't see how that's relevant to me.
if you win your lay, that's your return..
Originally Posted by jsellis90
If I sign up to Betdaq, is it better to use it as a bookie, and lay at Betfair, or use it to lay against other bookies?
If you use Daq to back and Betfair to lay then you have two sets of commission involved.
I do not expect that it will make much of a difference, maybe £1 give or take, but it is very cosmetic in the larger scheme of things.
The "best" thing to do would be to find an asian handicap bet at a bookie and lay it at BetDaq or back the other Asian Handicap outcome so you would have a dutch. This is because the commission is lower on the asian handicap markets.
I am guessing it will be quicker and easier to just use BetDaq as a bookie and lay it at Betfair.
I keep seeing references to AH and dutching, but I don't know anything about it, so I'll save Betdaq for now, and read up on AH and dutching. Thanks
You can start here:
If you are dutching asian handicaps then you would want to dutch for instance.
Team A +0.5 2.11
Team B -0.5 1.90
A -0.5 handicap is the same as betting on a team to win on the 1x2 market. The +0.5 bet on Team B is the same as betting on double chance draw/team b, or just Team B +1 in a three-way handicap (european handicap).
All asian handicaps have a corresponding market that is the exact opposite. So -0.5 has +0.5, +0.25 has -0.25, +1.5 has -1.5, and so on.
Note that some bookies use different names for the different handicaps. As stated in the asian handicap thread I linked to:
It should not be too hard to find a decent match on Betdaq using asian handicap. If you take a look in the weekend I am sure you will find something good for the premiership matches. Use your favorite odds comparison site and check.
* 0/0 (also known as Draw No Bet or 'Pk' (for 'Pick one (or the other!)' at US books))
* 0,-0.5/0,+0.5 (sometimes shown as -0.25/+0.25 or -1/4 / +1/4)
* -0.5,1/+0.5,1 (sometimes shown as -0.75/+0.75 or -3/4 / +3/4)
Right now I just looked at a random UEFA CL qual match:
Braga +0.25 1.95 bet365
Braga +0.25 1.91 to lay at betdaq.
Or if you want to dutch:
Braga +0.25 1.95 bet365
Sevilla -0.25 2.1 Betdaq
Remember that there is a 2% commission on backs and lays with Betdaq.
Special note: I do not know at the top of my head if there are any minimum odds requirements for Betdaq. So adjust your plan accordingly.
Brilliant, thanks! I'll have a good read up ready for the weekend
Lay against other bookies (to avoid the double commission). I made the newbie mistake of backing at betdaq and laying at betfair - lesson learned though!
Originally Posted by SarahNeedle1872
why must you dutch with opposite numbers like TEAM A +0.5 versus TEAM B -0.5?
Why not dutch just a standard TEAM A win versus TEAM B +0.5?
Team A to win on a standard 1x2 market is the same as backing Team A -0.5 on an Asian Handicap market so whichever of the two markets you wish to bet Team A on achieves the same outcome. If anyone has told you that you must dutch opposite numbers then it's likely more to do with avoiding the kind of situation you had with your Spurs bet.
Originally Posted by garethr83
Tags for this Thread