Betting on Housemates on Betfair
 

alright -- can someone give me a quick tutorial on what i'm supposed to do -- i want to place £50 on lisa leaving tonight -- i know i need to create an account, but then what? how do i even get to the big brother section?

also, i heard that if i bet £50 on lisa leaving but she actually stays i'll get 25 back because it's my first bet, is that true?

cheers

Big Brother section- http://www.betfair.com/?rfr=63&mi=100609031&ex=1

Not sure how to place bets on there though

don't answer all at once guys, its hard to keep up with all the information

can someone at least tell me if it's true that you get 25 back if you bid and lose because it's your first?

bump'd

As far as I know by placing a bet of over £25 you get a second bet of £25 for free, whether you win or lose on your initial bet?

[rquote=2513116&tid=145169&author=eggdavid]don't answer all at once guys, its hard to keep up with all the information

can someone at least tell me if it's true that you get 25 back if you bid and lose because it's your first?[/rquote]

No its not true. You get a free £25 bet.

Dont even know why i'm helping you, you gimmie nothing but grief...but there isn't a bad bone on my body so...........

Be careful, the first bet you have has to be a loser.

How to claim your free £25 bet:
1. Open your account
2. Deposit and stake up to £25
3. If you lose your 1st placed bet, you get that stake back within 24 hours (up to £25)

well, i hope i did that right -- i placed a £50 bet that Lisa will leave on 1.07 odds but my account still shows i have £46.50 left in my wallet -- i only put in £50, so why? the 'liability' (whatever the **** that is) of the bet was £3.50, but why hasnt the money in my wallet gone down much lower?

im sure there are people on this forum who use this thing to bet and can explain this

what did you click lay or back? blue tab or pink?

[rquote=2513343&tid=145169&author=nut]what did you click lay or back? blue tab or pink?[/rquote]

lay, pink one

it says "Bet Status: The following bets were successfully matched" and mine is under it

but in the top corner it says:

Total available: £46.50
Main wallet: £46.50

how can i still have that much left if I chose £50.00? it has only been deducted by the £3.50 liability, i dont understand how this thing works

[rquote=2513319&tid=145169&author=eggdavid]well, i hope i did that right -- i placed a £50 bet that Lisa will leave on 1.07 odds but my account still shows i have £46.50 left in my wallet -- i only put in £50, so why? the 'liability' (whatever the **** that is) of the bet was £3.50, but why hasnt the money in my wallet gone down much lower?

im sure there are people on this forum who use this thing to bet and can explain this[/rquote]i see what you mean now. betfair is not a bookies what you are doing is betting against another member of the public, what you have done is put £50 on lisa going where as not enough people are laying bets that lisa will stay the odds 1.07 are not worth the bet you have to put £14 to win £1 back LOL put £50 on win £3

You laid Lisa to be evicted. .. lol you want Lisa to stay now.

If Lisa is evicted you lose £3.50

If Lisa Stays you win £50.00

Liability is the amount you stand to lose, if you placed a 50 quid bet on blue (back) then i dont see a reason for your balance to be 46 quid are you sure, sometimes the whole amount does not get matched straight away and you may still have money waiting to be matched which means the odds changed after you made your bet and you should cancel the remaining 46 and rebet at the changed odds, are the odds 1.06 now or lower?

this is what i see right now:

http://i29.tinypic.com/vrwmbm.jpg

i wanted to lay £50 on lisa leaving, did i click the right options? this is confusing as **** -- should i cancel, and if so, how do i do that?

this is the last time i use betfair :laugh:

its not worth the risk for such little money £50 to win £3 is just not worth it

ugh, so how do i cancel it? and what other odds should i bet on?

click back if you want to bet she gets the boot
click Lay if you think she will stay

once bets are matched you cant cancel them

:mad:

[rquote=2513508&tid=145169&author=eggdavid]:mad:[/rquote]what have you done?

You have laid Lisa to go

In simple terms if she goes you lose 3.50

You wanted to Back (Blue)

However i dont see how you get 50 quid winnings from a lay bet of 3.50


I would make sure all unmatched bets are cancelled and leave well alone for no

nothing, im just annoyed at how confusing this whole thing is

i didnt realise i'd only get £3, i kept confusing it with a real bookie's and thinking i'd get my original £50 back too so i'd end up with £103

[rquote=2513533&tid=145169&author=PaulyJ]You have laid Lisa to go

In simple terms if she goes you lose 3.50

You wanted to Back (Blue)

However i dont see how you get 50 quid winnings from a lay bet of 3.50


I would make sure all unmatched bets are cancelled and leave well alone for no[/rquote]you are confusing people

back is to go
lay is to stay

so, looking at the screencap i posted above -- if lisa goes tonight, i'll get £3? or £53?

EggDavid can you click the radio button marked liability on the bet and tell us what the 53 figure changes too?

3.50

[rquote=2513573&tid=145169&author=eggdavid]so, looking at the screencap i posted above -- if lisa goes tonight, i'll get £3?[/rquote]no you have layed £50 on lisa staying if she stays you win £50 if lisa goes you lose £3.50

you bet that she would not go in my eyes its a good bet you only lose £3.50 if she goes where if she stays you pocket £50

yeah that doesnt sound so bad

im confused at how i acidentally bet that she stays though, im sure the lay button said that i was going to be betting on her getting kicked out :shrug:

[rquote=2513573&tid=145169&author=eggdavid]so, looking at the screencap i posted above -- if lisa goes tonight, i'll get £3?[/rquote]

No if she goes you lose 3.50 red equals lose green = win

i would be happy to believe that you will lose 3.50 and win 50 if someone else goes as thats what the figures in the cap show.

And i'm sorry to complicate things but it says you have layed 50 quid in the pink bet slip to the right and that would mean you lose your stake 50 quid plus a further 3.50

but it does not show this in the figures next to the names

[rquote=2513668&tid=145169&author=PaulyJ][rquote=2513573&tid=145169&author=eggdavid]so, looking at the screencap i posted above -- if lisa goes tonight, i'll get £3?[/rquote]

No if she goes you lose 3.50 red equals lose green = win

i would be happy to believe that you will lose 3.50 and win 50 if someone else goes as thats what the figures in the cap show.

And i'm sorry to complicate things but it says you have layed 50 quid in the pink bet slip to the right and that would mean you lose your stake 50 quid plus a further 3.50

but it does not show this in the figures next to the names [/rquote]you lay £50 but your liable to lose £3.50 the money in his/her account at the top £46.50 is safe.

[rquote=2513668&tid=145169&author=PaulyJ]
And i'm sorry to complicate things but it says you have layed 50 quid in the pink bet slip to the right and that would mean you lose your stake 50 quid plus a further 3.50
[/rquote]
No,thats the 'backers' 50 quid added to his 'imaginary'wallet.So if Lisa goes he will payout £53.50.
If she stays the whole £53.50 will move to his 'real' wallet.The 46.50 is ok.

Arr ok i am worrying for nothing, sorry for the confusion

Btw that is not a bad bet at all in that case, well worth the punt.

so, just to summarise -- if lisa goes tonight, i lose 3.50 -- if anybody BUT lisa goes tonight, i win 53.50 which will be added to the 46.50 in my account?

just double checking, theres been a few conflicting views in this thread :laugh:

[rquote=2513727&tid=145169&author=eggdavid]so, just to summarise -- if lisa goes tonight, i lose 3.50 -- if anybody BUT lisa goes tonight, i win 50.00[/rquote]

I've altered your post to make it correct.:thumbs:

alright, cheers lads :thumbs:

[rquote=2513708&tid=145169&author=spitfire][rquote=2513668&tid=145169&author=PaulyJ]
And i'm sorry to complicate things but it says you have layed 50 quid in the pink bet slip to the right and that would mean you lose your stake 50 quid plus a further 3.50
[/rquote]
No,thats the 'backers' 50 quid added to his 'imaginary'wallet.So if Lisa goes he will payout £53.50.
If she stays the whole £53.50 will move to his 'real' wallet.The 46.50 is ok.[/rquote]

if lisa stay's he/she will have £100 in the bank
if lisa goes he/she will have £46.50 in the bank

[rquote=2513747&tid=145169&author=nut][rquote=2513708&tid=145169&author=spitfire][rquote=2513668&tid=145169&author=PaulyJ]
And i'm sorry to complicate things but it says you have layed 50 quid in the pink bet slip to the right and that would mean you lose your stake 50 quid plus a further 3.50
[/rquote]
No,thats the 'backers' 50 quid added to his 'imaginary'wallet.So if Lisa goes he will payout £53.50.
If she stays the whole £53.50 will move to his 'real' wallet.The 46.50 is ok.[/rquote]

if lisa stay's he/she will have £100 in the bank
if lisa goes he/she will have £46.50 in the bank[/rquote]
Yes,£53.50 + £46.50 = £100:thumbs:

btw have any of you lads also got bets on tonight?

[rquote=2513773&tid=145169&author=spitfire][rquote=2513747&tid=145169&author=nut][rquote=2513708&tid=145169&author=spitfire][rquote=2513668&tid=145169&author=PaulyJ]
And i'm sorry to complicate things but it says you have layed 50 quid in the pink bet slip to the right and that would mean you lose your stake 50 quid plus a further 3.50
[/rquote]
No,thats the 'backers' 50 quid added to his 'imaginary'wallet.So if Lisa goes he will payout £53.50.
If she stays the whole £53.50 will move to his 'real' wallet.The 46.50 is ok.[/rquote]

if lisa stay's he/she will have £100 in the bank
if lisa goes he/she will have £46.50 in the bank[/rquote]
Yes,£53.50 + £46.50 = £100:thumbs:[/rquote]
not a bad bet, id rather risk 3.50 to win £50 than risk £50 to make £3 and have david walk its a good chance he will? at the end of the day there is no point risking £50 to make so little money.

I think the op will be £50 up at 10.35pm:whistle:

[rquote=2513808&tid=145169&author=eggdavid]btw have any of you lads also got bets on tonight?[/rquote]
Not on BB but i'm doing ok on the tennis.:hello:

Seems your in an ok position


Just for my future reference, am i correct in thinking lads? that if he we're now to back for 50 quid if the back odds we're now 1.07 he would effectively be calling off the bet at no loss no gain

If the back odds we're 1.06 he would lose 0.50p regardless of outcome