sorry waz i was getting distracted earlier with the pokers
, i"ve finished now so i"ll attempt to explain laying off to you as best as i can...
right basics -
the back column has an amount in it with the decimal odds..
example - 2.6 with an amount of money below, £500 for instance... this means you can back at 2.6 upto £500, if you back for more, say £600, then £500 will be matched and then what happens is that the request to back the horse is left as an open order on the exchanges and is available for anyone to lay, hopefully this will get matched
the lay column works like the back column, odds and the cash amount that you can lay upto...
thus if the odds to lay were 3.4 with £1000 below it, then if you lay at £300 this means your liability is £300 x 2.4=£720 if your selection wins, if it loses then you win £300...
if a back is unmatched it will be displayed across everyone"s display in the lay section.. this is done because it"s now available for someone to come along and to lay the horse at this price to the amount which you requested...
you can change the odds that you requested if u wish as long as its still unmatched..
you can also select bigger odds to back at or lay at if u wish, but depending on how the market is going, the bigger odds that u select may not get matched...
see if this helps also Waz -
http://help.betfair.com/contents/itemId/i65767325/index.en.htmland -
http://promo.betfair.com/learnbetfair/and -
http://help.betfair.com/contents/itemId/i65767325/index.en.htmland -
http://betting.betfair.com/education/-generic-betting-principles/11-other-strategies/if none of the above helps then i"m sure there are quite a few betfair punters within APAT that will help out if u start a thread
