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What does the ‘return’ mean

So I am new to this. I followed the steps and I’ve made a couple of hundred pound. What I’m not understanding and I’m sure it’s me, why I’m only getting back the amount I’ve staked? When I’m putting the bet on and it’s showing the return why do I never get that amount if I win?
Eg. Lay bet 2.92 stake £10 liability £19.20… the return is showing as £29.20. I won on smarkets and yet I just received £10?

What am I doing wrong please?

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HeyGoose
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May 15, 2025 at 5:17 pm

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SteveP 1 July 15, 2025 at 9:08 am

Think of it as offering a friend or a neighbour some odds. You are offering them odds (in this case) of 2.92 for a particular event to occur – and you are hoping it doesnt occur.

They are risking £10 to win £19.20, a total return of £29.20 (to be clear, if they had £10 in an account, it would show £0 until the bet settles and, if it wins, would show £29.20). If it wins, they would win £19.20 from you, i.e. you owe them – your liability – £19.20, and the £10 they risked is returned to them also.

If they lose, the £10 they risked comes to you.

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SteveP 1 July 16, 2025 at 1:06 pm

And just to follow this up, the same happens in reverse. You are seeking to win £10 by putting £19.20 at risk. Think of it as £19.20 being taken out of your exchange account (which shows as your liability), but if that bet does not win, that £19.20 will be released to you along with the additional £10 (your stake).

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