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Betfair matched and unmatched bets

  • 09-09-2009 11:34am
    #1
    base individual
    Registered Users, Registered Users 2 Posts: 38 ✭


    Can somebody explain these?


Comments

  • #2
    TheRock
    Closed Accounts Posts: 403 ✭✭TheRock


    base individual wrote: »
    Can somebody explain these?

    Basically, Matched means your bet has been placed (taken by someone), Unmatched means your bet is not actually placed yet (someone has not take the bet/odds offered by you).


  • #3
    Catenaccio!
    Closed Accounts Posts: 649 ✭✭✭Catenaccio!


    Or what TheRock said :D


  • #4
    Catenaccio!
    Closed Accounts Posts: 649 ✭✭✭Catenaccio!


    When you place a bet on Betfair (i.e., backing the selection), you can choose what odds you want to bet at. So if you place €100 at 2.00, you need someone to lay that selection for it to be matched. If the selection is, let's say, 1.80 pre kick off, then it's unlikely that your bet will be matched and it will remain unmatched and your stake will be returned in that case.

    God, that's a terrible explanation but there you go.


  • #5
    base individual
    Registered Users, Registered Users 2 Posts: 38 ✭base individual


    so basically, unless somebody disagrees with you, you cant bet?


  • #6
    Catenaccio!
    Closed Accounts Posts: 649 ✭✭✭Catenaccio!


    Well if someone's offering odds of 2.00 and you want to back at odds of 2.00, then there's the bet.


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  • #7
    bluefinger
    Registered Users, Registered Users 2 Posts: 1,802 ✭✭✭bluefinger


    base individual wrote: »
    so basically, unless somebody disagrees with you, you cant bet?

    In a way, yes, if i understand you correctly. If Ireland are 1-0 up against South Africa with 10 minutes to go and you want to back Ireland at 10-1 to win you will find it difficult to find someone who disagrees with you, and you won't match your bet.


  • #8
    Dabko
    Closed Accounts Posts: 575 ✭✭✭Dabko


    Op, best way to learn about betfair is use some of their online http://help.betfair.com/index.en.html

    Also, open an account, stick in 100 quid and blow it all on 1 euro bets. Play around with backing and laying. Losing a couple of controlled quids is the best learning curve ever. (Only play with what you can afford to loose)


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