Still learning how it all works and still paper trading. (A bit bloomin awkward living in Turkey as I cant sign up a betfair account - not allowed here) but moving back to UK soon...
I am continuing to do ok with backing 0-0 and waiting for around 20 mins then laying at lower odds (seems to be around £50 average a match) although lost one to an early goal but so far well into profit on paper...
Started with £1000 bank usually put £100 back bets and would have albeit on paper £1687.25 after the first week.
Anyway my question as I noticed something weird on the betfair site....
After the first goal it cannot obviosly be 0-0 anymore but I see there is cash available sitting in the 0-0 at odds of 1000...
Had I layed the 0-0 correct score say at odds of 9.4 for £50 would I then be able to back at 1000 for 0.47p to give me a green up of £49.53 ??
Seems too good to be true so it probably is, but my question (as I havent got a betfair account yet) is would I actually be able to back the 0-0 after the goal had gone in, or would betfair not accept the bet?
Hope this makes sense and sorry if its a stupid question.....
EDIT....
What a numpty I just figured out I would already have won £50 for the successful lay!!!
back odds 1000
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andyfuller
- Posts: 4619
- Joined: Wed Mar 25, 2009 12:23 pm
Also you wouldn't be able to place less than £2 as in order to place less than £2 the software places a bet of £2.00 at 1000.0 and then alters it to say £2.49 giving a bet of £2 and a bet of £0.49, it would then cancel the £2.00 and adjust the odds on the £0.49 bet. However, the initial £2 at 1000.0 would be matched straight away so when the odds are 1000.0 the least you can place is £2.
Simples!