How To Work Out a Free Bet on Fairexch9 Com Id?
Let's imagine that instead of measuring our profit on Fairexch9 Com Id equally across all three outcomes, we wish to trade for a return on only one, offsetting our pre-match liabilities and essentially providing us a free bet.
In our example, Southampton leads 1-0. Assume we wish to bet our entire profit on Southampton winning the game.
Southampton: Profit and Pre-Match Liability?
How much should we lay Southampton for in order to make a profit and satisfy our pre-match liability?
The formula is simple:
Lay Liability = (Original bet stake * Current lay odds) – Original bet stake
So, in our example the calculation would be:
Lay Liability = (€100 * 1.60) – €100
Lay Liability = €60
In this situation, our liability on our Southampton lay bet should be €60 for a return of €160, a profit of €100, and so cover our pre-match stake.
How To Work Out a Trade?
So, what can happen? Consider the following possibilities.
Southampton win Result Bet Return Profit
Southampton win |
€100 |
€322 |
€222 |
Chelsea Win/Draw |
60 |
€0 |
€60 |
TOTAL |
€160 |
€322 |
€162 |
TOTAL (minus commission 5% |
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Drawn match or Chelsea win Result Bet Return Profit
Southampton win |
€100 |
€0 |
€100 |
Chelsea Win/Draw |
€60 |
€160 |
€100 |
TOTAL |
€160 |
€322 |
€162 |
TOTAL (minus commission 5%) |
€160 |
€160 |
€0 |
So, if Southampton wins, we get €153.90 profit. We break even if Chelsea wins or the game is a tie.
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Opportunities for Opposing: Betting Against Southampton's Win
But what if we'd rather bet all of our money on Southampton losing the game, so that all of our money is bet on a draw or a Chelsea win? First and foremost, you might be questioning why you would want to do this. After all, Southampton leads 1-0 and are now given odds of 1.60 to win the match at home. You might choose to oppose this position because, in your opinion, the chances for Southampton to win are now far too short, and there is value in opposing them.
How much should we lay Southampton at in order to make a profit and satisfy our pre-match liability if Southampton loses?
The formula is simple:
Lay Liability = Original Potential Profit
It doesn't get any easier than that. In this situation, the liability on our Southampton lay bet should be €222 for a return of €592, a profit of €370, and a return that covers our pre-match stake.
How To Work Out a Trade?
So, what can happen? Consider the following possibilities.
Southampton win Result Bet Return Profit
Southampton win |
€100 |
€322 |
€222 |
Chelsea Win/Draw |
€222 |
€0 |
€222 |
TOTAL |
€0 |
€322 |
€0 |
Drawn/Chelsea win Result Bet Return Profit
Southampton win |
€100 |
€0 |
€100 |
Chelsea Win/Draw |
€222 |
€592 |
€370 |
TOTAL |
€322 |
€592 |
€270 |
Total – 5% |
€256.5 |
So, in this example, if Southampton wins, we will break even, while if the match ends in a draw or a Chelsea win, we will profit €256.50 after 5% commission is subtracted.