
5th January 2008, 01:05 PM
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Member
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Join Date: Nov 2007
Posts: 326
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Pengo
....buddy ...ive been looking for you....missed ya pal.
Lets pretend your a bookmaker (you are laying) and i'm the fearless punter.
You have a horse @ $20 that i wanna bet on. I give you $10 and you ....being the bagman yell out to your boss "$10 on the 12 @ 20's"
you now write me a ticket that says Loulou $200 ($10x $20 odds)
you have my $10
If the horse wins i come back and get $200 off you. The result is you are down $190.
If the horse loses i dont see you again and you have in your pocket
.....how much of my hard earned ???? .......... $10.
When converting all that to betfair you type in the backers odds ($20) and then the backers stake ($10) this will auto sum next to it and read $200 << this is what you will be up for when Lou lou wins. You wil also see all the other horse have a little $10 next to them in green. that means if any of them win you win $10. you will also see $200 in red next to loulou's name which means if it wins you are down $200.
trial it with 1 horse for $6 and see what lights up
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