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Risk on Back toLay between A bookmaker and Betfair Exchange

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  • #9448 Score: 1
    Profile photo of STOIL BANGOV

    Arber

    @stoilii

    Can you please tell me what means risk on this .It says Total Stake/Risk ,where is this risk comming from and what it means.More details would be appreciated.Thanks very much.

    This reply has received 1 vote up.
    #9449 Score: 0
    Profile photo of Arbitrage Guides

    Administrator

    @arbitrageguides

    Hello @stoilii,

    You will find the answer to your question in English here: https://www.arbitrageguides.com/back-lay-surebets-sports-arbitrage/ and in Bulgarian here: https://www.arbitrageguides.com/bg/back-lay-surebets-sports-arbitrage/

    When you LAY a bet in Betfair you are not entering the amount that you want to bet, you are entering the amount that you want to win and the actual amount that you are “risking”/”betting” is lower. You will find detailed explanation in the articles by following the links above.

    #9450 Score: -1
    Profile photo of STOIL BANGOV

    Arber

    @stoilii

    But risk in general means that I can lose this money .I don’t understand how I can lose it?Please.Thank you

    This reply has received 1 vote down.
    #9451 Score: 0
    Profile photo of Arbitrage Guides

    Administrator

    @arbitrageguides

    You are not risking anything. Just the word “Risk” is used to show you the real total amount that you are betting on both sides.

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