02 Placing a Bet 
The Market View
Betfair Education / 24 January 2008 / Leave a comment
There are now three standard settings for viewing a Betfair market. In the first example below, you can see the market with only the BACK odds. Note the Back & Lay and Market Depth boxes just above the market are...Read more »
Select a Market
Betfair Education / 23 January 2008 / Leave a comment
Whether backing or laying simply click the sport you wish to bet on in the left hand menu....Read more »
The Betfair Matrix (or Full Market View)
Betfair Education / 22 January 2008 / Leave a comment
When you have selected a market you will be faced with a list of selections and matrix of numbers in different coloured boxes. This looks rather complex on the surface, but bear with us, it's not that tricky once it's...Read more »
Place a bet
Betfair Education / 21 January 2008 / Leave a comment
To place a bet click on either back or lay next to the selection you are interested in. In the following example you are backing Tiger Woods at odds of 2.38 enter your chosen stake (minimum £2) and your potential...Read more »
Matched and Unmatched Bets
Betfair Education / 20 January 2008 / Leave a comment
For a bet to be struck, it must be matched with another customer, someone who has an opposing opinion....Read more »
Asking for a price
Betfair Education / 19 January 2008 / 2 Comments
At Betfair, we try to match up punters with different opinions. One bets on an outcome to happen (backing), one bets on an outcome not to happen (laying). Think of it just like buying and selling property. The buyer offers...Read more »
