Hey guys
im fairly keen on opening up a betfair account but need some clarification on placing a bet on a horse to loose.
in the demo it says you take a horse to lose at $3.50. it then says that you put a $100. it then says your liability is $250. my question is does the liability mean if it does win do i owe whoever $250? but if it loses do i get the $250?
any help would be much appreciated
Thank you