Newb question :)

• Hey there.

  I wanted to try MB. Therefore I read everything I could find here and found it to be pretty helpful.

  So I created a betfair account and another one with a different exchange, to claim that 20 risk free bet offer by betfair.

  Unfortunately this was my first mistake, as the exchange is not available outside of UK.
  Nevertheless I had already placed and layed my bet.

  After realising my mistake, I tryed to calculate my potential losses and came across something I really don’t understand.

  It is a 4.5 back, 20€ bet. Putting that in the Calc it states that with a lay of 4.75 I have to place 18.21.

  So if lay wins, I’d be looking at a loss of 1,80€, which is fine. What bothers me is, if the back bed wins, the Calc shows that Id get 66,50€ in winnings, but loose like 68,20€. But on betfair it says I’d get 90€ if my bet wins (4.5*20 probably) which sounds more plausible to me. (but that would mean an overall win of 22€-comission?!)

  So why is there such a big difference between the Calc and the bookie, and why am I still able to win my calculated amount if the back one wins, despite my mistake?

  I’m thankful for every Reply, as I really want to learn how things are going.
  Best regards and Happy betting!

  +0

  

  DrGreenthumb

  0

  January 23, 2019 at 2:24 pm