Mark,

I deposited by Credit Card and the account was open instantly. Not sure about other deposit methods.

If the lay column showed $3.50 and you chose to accept that then you are giving the other person those odds and accepting their money - eg. if you accepted $100 at $3.50 then you get $100 (less the relevant commission) if the horse loses but you have to pay them $250 if the horse wins (this will show as your liability).

__________________
"Computers can do that????" - Homer Simpson