by creative_username_1 »
14 Feb 2014 17:02
King of Sting LWJ Especially as he didn't understand how it worked a few months ago.
Don't talk shite. I have used betfair since its inception. In fact I have a friend on the board of directors who I went to school with. Just because some nob on here said I didn't understand it did not make it accurate. I laughed my head off at him then and you now. You have a look and you will not be able to find a single post that shows I do not understand how it works.
Mr C Username I placed a bet £10 at 20/1 gives winnings of £200 if it comes in.
With this in mind a layed them to the tune of £12 yesterday at 8/1. If Liverpool win the league i lose the £96 but win the £200 from my previous bet - £104 profit.
If it doesn't come in I lose the £10 from my first bet but win £12 off this one - £2 profit.
Before any one pops up and says betfair charge 4% commission on winning bets, they don't if you are very good friends with a director.
For someone who claims such a vast knowledge of the betting industry you disappoint me C.U.
Chillax m8, I wasn't doubting you i was making a statement. Just communication breakdown brother
for you to guarantee a return of ten pound
regardless of outcome you would have to lay more. Amount staked would be about 200 returns 210
21 10 210
9 23.3 210
I don't know much about the sports betting industry but a cnuting lot about high frequency arbitrage algorithms