Enter Fractional Odds - / -   -   -

__________________________________________

    First select your bet type:

   Qualifying bet       Free bet, stake returned         Free bet, stake not returned

    Now enter the odds information:   



1. Back Stake Enter the stake to be wagered at the bookmakers
2. Back Odds  Enter the odds at the bookmakers in decimal 
3. Lay Odds  Enter the odds at the betting exchange
4. Commission (%)
Enter your commission rate at the betting exchange
(default is 5%)
   
    Lay Stake The lay stake required at the betting exchange is calculated here
    Liability This is the total amount you must have in your
betting exchange accout to cover the bet

Possible Outcomes    Back    Lay  
Bookmaker Profit  
Exchange Profit
Overall Profit


% Retained



This table shows the profit / loss from each outcome. If the BACK bet wins i.e. at the Bookmakers then read the Back column to show the profit on this bet, and do likewise if the Lay wins at the Betting Exchange. The two figures in the column added together will equal the profit or loss on the overall bets placed.  Remember when we are matching out the qualifying bet  this figure is almost certainly a small loss but you will still make a profit as with the second bet you will using the FREE bet as the stake, making this subsequent bet all risk free profit.

The % retained figure is the % of the back stake that is retained by placing these bets. So this is either the % loss for placing the qualifying bet or the % profit generated by the free bet, generally we aim for 65% and over on a stake not returned free betand 85% and over on a stake returned offer.


If you are dealing in multiple currencies then here are the latest exchange rates.

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