Betfair Exchange Explained

[@winnerwinnerchickendinner-y4w]

4:22 Why would u ask for 7.2? Surely youd ask for 7.9 or 8.0?

[@slingboi]

Great explanation, thanks 👍👍

[@clivedevlin6390]

can you explain the money amounts that are beside each match . it gives a small figure on the outcome of a football match b ut there is a larger number in beside the amounts aswell . is that how much money is on the match anywhere combined with other bets . some times I only see £20-40 pounds on either a win lose or draw (this is 24/48 hours before kick off) but then I will see 5/6K beside it aswell

[@nanawuss705]

so what happens when u accept that team A wins and the match ends in a draw.

[@santoshshivashankarreddy7321]

NanaWuss You win, if it's a "Draw no bet" then no one wins, stakes are returned.

[@sharpyblue5282]

if you lay a team you win if they lose or draw.

[@jacknicholls4572]

I'm now more confused

[@TasosFail]

Jack Nicholls me 2. Pff :-/

[@huyanhbui7105]

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[@jeanluisindriagolugo232]

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[@damiengrant34]

very helpful. thanks

[@joeninety4740]

Can we not bet in pounds?

[@TheGoodChap]

Are you Mark Blythe??? I know it's an ignorant comment coming from an American but I don't think it's just the accent you really sound a decent amount like him. And he's a professional economist and you're doing a video about betting, I could see him doing that.

[@abhishekjain9072]

Hi how to check how many times back ,lay use and put the money on back and lay

[@loveisthekey1337]

thank you.

[@slingboi]

Lay bets are extremely dangerous 😳

[@bnapilo]

But if you are good at handicapping horses you could do good

[@abhishekjain9072]

Opening odds how came on betfair can u explain

[@clivedevlin6390]

decimal betting is an American thing. the uk is used to fractions . wish I hadn't of reopened my account

[@Preeno]

Hehehe … “Backside” …

[@gimmychinotti558]

profit = (odds-1) x bet times the bet*** not plus the bet

[@pieroachique3202]

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[@1paris9]

2.00 means evens. 1.50 = 1/2

[@ianhoward4246]

Why is he on about dollars,he's a sweaty sock (jock)!!!

[@Momoislam96]

Did not help at all

[@gerrardkane8307]

Couldnt hit water if he fell out a boat. How to put off new traders/matched bettors for life. Poor show

[@stuartburnett351]

Still no idea lol

[@1112-g1x]

its a book maker, wait its a exchange ? wait a book maker is a exchange kind of. think ths guy needs to watch some betangle tv!

[@OliverHutch-]

No sense

[@jacquesorde6796]

get to the point, man! upside down is your friend ?

[@xx-qs1ij]

this does not explain a sh1t man

[@1paris9]

Odds of 1.00 means, £1 you bet you get £1.01 back

[@Invin_cibles]

Wrong.