Matched betting confuses me at times.
(Original post by Hopple)
Ok, go for a long shot and match it on betfair.
If you don't want to do that, then decide which you'd rather have - a likely small win or nothing, or an unlikely large win or nothing.
Let's say I put £50 on Germany to win the Euros with Skybet at 13/5. £50 returns £130 profit. Let's say I lay Germany on Betfair for £50 profit bet at a liability of £147.50. That means if Germany win the tournament I have a loss of £17.50 and if they don't win the tournament I have a 0 profit/loss outcome. Obviously you can adjust the stakes but that's too complicated for me to work out at the moment as I'm half asleep. But my point is I still can't see how there is a worthwhile profit guarantee? I must be missing something?
Edit: Sorry if Germany don't win the tournament I have a £50 profit as the £50 stake on Skybet is not my money. Still though that's a £50+ /-£17.50 outcome. Is it adjustable enough to make a decent profit?
Last edited by Skill; 16-06-2012 at 00:02.