Anyone use Betfair

Discussion in 'Bulletin Board ARCHIVE' started by Bournemouth Red, Jul 17, 2009.

  1. Bou

    Bournemouth Red New Member

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    When offering a price/acting as the bookie (don't know the technical term) how do you manage to limit the loss? Can you set a maximum amount you are willing to lose on a bet? Such as if for instance you offer us to win at 5's and only are willing ot lose £20 then you can set it to only accept £4 worth of bets (£4 x 5 coming to the £20 limit)?

    Or does it jst keep maching until your potential loss matches the balance of your account?

    Thanks in advance for your answers!
     
  2. dreamboy3000

    dreamboy3000 Well-Known Member

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    Yeah you can set your loses. When you get to the submit part it tells you how much you have put on, how much you win if correct and how much you lose if wrong. If you want to make money on there takes bets on the greyhound favourites because they don't win very often.
     

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