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Bet liability

Bet liability refers to the amount you are risking when placing a bet. This amount will be deducted from your balance should your bet lose.

When you place a bet, the liability is instantly deducted from your available balance. If the bet is cancelled the liability will be returned. 

If you have different bets placed on the same event, your risk is decreased and your overall liability is reduced. 

Back (for) bets

The liability is the value of the stake.

Lay (against) bets

Backer’s stake option ticked (default)

  • The liability is calculated using the following formula:

(backer’s stake * (odds - 1))

  • You can see the liability for lay bets on your statement page by viewing the lower of the two figures in the 'stake/liability' column.

Backer’s stake option unticked (selectable in your settings):

  • Your liability is your stake.

Note: Our underlying system matches bets between customers in percentage prices. If a user is displaying the odds in decimal form, we round the percentage prices to two decimal places, as displayed on the Exchange. Read more here.

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