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Old 10th December 2013, 09:21 AM
UselessBettor UselessBettor is offline
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Join Date: Sep 2011
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Quote:
Originally Posted by The Ocho
Please be careful though as betting below the minimum amount is against their T&C's.

I always find this very interesting with betfair.

Basically the minimum back bet allowed by T+Cs is $5.
The minimum lay bet though is also $5. But in order to lay a $100 selection you are going to really need $500 in the account.

They don't seem to understand that really it should be risked amount rather than the amount showing on betfair. A $5.00 lay on a $100 horse should allow you to do 5c with minimum liability of $5.00. Your risking the exact same amount as backing for $5.00

But that is not betfairs point of view. So if you want to lay long shots you need a very large bank to be within the T+C's.
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