{"id":43216,"date":"2024-02-13T14:01:49","date_gmt":"2024-02-13T14:01:49","guid":{"rendered":"https:\/\/www.safebettingsites.com\/?page_id=43216"},"modified":"2024-02-13T14:01:49","modified_gmt":"2024-02-13T14:01:49","slug":"what-is-liability-in-betting","status":"publish","type":"page","link":"https:\/\/www.safebettingsites.com\/what-is-liability-in-betting\/","title":{"rendered":"What is Liability in Betting? \u2013 Complete Guide to Betting Liability"},"content":{"rendered":"<p>Understanding what is liability in betting is crucial when laying and backing at betting exchanges. However, liability is often used specifically for lay betting, standing as the total amount you stand to lose if your lay bet is unsuccessful.<\/p>\n<p>In this guide, we provide everything you need to know about the subject of betting liability.<\/p>\n<h2><strong>How Does Liability in Betting Work?<\/strong><\/h2>\n<p>When you place a bet on traditional betting sites, your liability is essentially your <a href=\"https:\/\/www.safebettingsites.com\/what-does-stake-mean-in-betting\/\">stake<\/a> amount.\u00a0If you lose your bet, you forfeit the amount placed on an event. Betting exchange liability is more complicated, as users can back (bet for) and lay (bet against) the outcome of an event.<\/p>\n<img decoding=\"async\" class=\" wp-image-43223 aligncenter\" title=\"Liability in Betting Betfair\" src=\"https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/02\/Liability-in-Betting-Betfair-1-300x148.png\" alt=\"Liability in Betting Betfair\" width=\"806\" height=\"398\" srcset=\"https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/02\/Liability-in-Betting-Betfair-1-300x148.png 300w, https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/02\/Liability-in-Betting-Betfair-1-1024x505.png 1024w, https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/02\/Liability-in-Betting-Betfair-1-768x379.png 768w, https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/02\/Liability-in-Betting-Betfair-1-130x63.png 130w, https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/02\/Liability-in-Betting-Betfair-1-104x50.png 104w, https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/02\/Liability-in-Betting-Betfair-1-83x40.png 83w, https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/02\/Liability-in-Betting-Betfair-1-1536x757.png 1536w, https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/02\/Liability-in-Betting-Betfair-1.png 1900w\" sizes=\"(max-width: 806px) 100vw, 806px\" \/>\n<p>Backing wagers on peer betting platforms like Betfair is similar to betting on traditional <a href=\"https:\/\/www.safebettingsites.com\/\">online betting sites<\/a> \u2013 your liability is limited to your stake. This means this is the maximum you stand to lose if the outcome does not match your bet. Here are some examples.<\/p>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<ul>\n<li><svg width=\"20\" height=\"21\" viewBox=\"0 0 20 21\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M0 10.4819C0 4.95909 4.47715 0.481934 10 0.481934C15.5228 0.481934 20 4.95909 20 10.4819C20 16.0048 15.5228 20.4819 10 20.4819C4.47715 20.4819 0 16.0048 0 10.4819Z\" fill=\"#E1F4E7\"\/><path d=\"M5.75635 10.4087L8.63432 13.2866L14.2437 7.67725\" stroke=\"#1C2642\" stroke-width=\"2\"\/><\/svg> <strong>Backed Bet Example 1 \u2013<\/strong> You place a \u00a320 bet on Liverpool to beat Aston Villa in the FA Cup at odds of 2.0. This means your liability is \u00a320 if you lose; if your bet wins, you receive \u00a340 (\u00a320 profit + \u00a320 stake).<\/li>\n<li><svg width=\"20\" height=\"21\" viewBox=\"0 0 20 21\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M0 10.4819C0 4.95909 4.47715 0.481934 10 0.481934C15.5228 0.481934 20 4.95909 20 10.4819C20 16.0048 15.5228 20.4819 10 20.4819C4.47715 20.4819 0 16.0048 0 10.4819Z\" fill=\"#E1F4E7\"\/><path d=\"M5.75635 10.4087L8.63432 13.2866L14.2437 7.67725\" stroke=\"#1C2642\" stroke-width=\"2\"\/><\/svg> <strong>Backed Bet Example 2 \u2013<\/strong> A \u00a350 bet on Galopin Des Champs to win the big horse racing event at odds of 3.0 means your liability is \u00a350 if it loses; should you win, you are paid out \u00a3150 (\u00a3100 profit +\u00a350 stake).<\/li>\n<\/ul>\n<\/div>\n<p>One of the advantages of betting with a bookie is that liability is easy to both understand and track. Your bet stake, which is deducted from your balance up front, is all you stand to lose in the worst-case scenario.<\/p>\n<p>Things can get a little trickier when it comes to <a href=\"\/\/www.safebettingsites.com\/lay-betting\/\">lay betting<\/a> on exchanges.<\/p>\n<h2><strong>Lay Betting Liability Explained<\/strong><\/h2>\n<p>A lay wager is backing something not to happen with other bettors on gambling platforms. Unlike betting for Liverpool to beat Chelsea at traditional bookies, lay betting markets on betting exchanges allow you to place money on them not winning. Lay bets win if Liverpool lose or draw \u2013 your liability is the total payout made if the backer\u2019s bet is successful.<\/p>\n<img decoding=\"async\" class=\" wp-image-43225 aligncenter\" title=\"Liability in Betting Lay\" src=\"https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/02\/Liability-in-Betting-Lay-300x300.png\" alt=\"Liability in Betting Lay\" width=\"446\" height=\"446\" srcset=\"https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/02\/Liability-in-Betting-Lay-300x300.png 300w, https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/02\/Liability-in-Betting-Lay.png 768w\" sizes=\"(max-width: 446px) 100vw, 446px\" \/>\n<p>A layer\u2019s liability can differ depending on the risk involved; it is generally relative to the <a href=\"https:\/\/www.safebettingsites.com\/how-do-betting-odds-work\/\">betting odds<\/a> and bets taken. But layers can win the total stake of back bets when successful. Either way, knowing how to accurately calculate lay betting can help with some of the following.<\/p>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<ul>\n<li><svg width=\"20\" height=\"21\" viewBox=\"0 0 20 21\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M0 10.4819C0 4.95909 4.47715 0.481934 10 0.481934C15.5228 0.481934 20 4.95909 20 10.4819C20 16.0048 15.5228 20.4819 10 20.4819C4.47715 20.4819 0 16.0048 0 10.4819Z\" fill=\"#E1F4E7\"\/><path d=\"M5.75635 10.4087L8.63432 13.2866L14.2437 7.67725\" stroke=\"#1C2642\" stroke-width=\"2\"\/><\/svg> Working out if laying at the betting odds available makes sense.<\/li>\n<li><svg width=\"20\" height=\"21\" viewBox=\"0 0 20 21\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M0 10.4819C0 4.95909 4.47715 0.481934 10 0.481934C15.5228 0.481934 20 4.95909 20 10.4819C20 16.0048 15.5228 20.4819 10 20.4819C4.47715 20.4819 0 16.0048 0 10.4819Z\" fill=\"#E1F4E7\"\/><path d=\"M5.75635 10.4087L8.63432 13.2866L14.2437 7.67725\" stroke=\"#1C2642\" stroke-width=\"2\"\/><\/svg> Helping to work out potential losses in advance.<\/li>\n<li><svg width=\"20\" height=\"21\" viewBox=\"0 0 20 21\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M0 10.4819C0 4.95909 4.47715 0.481934 10 0.481934C15.5228 0.481934 20 4.95909 20 10.4819C20 16.0048 15.5228 20.4819 10 20.4819C4.47715 20.4819 0 16.0048 0 10.4819Z\" fill=\"#E1F4E7\"\/><path d=\"M5.75635 10.4087L8.63432 13.2866L14.2437 7.67725\" stroke=\"#1C2642\" stroke-width=\"2\"\/><\/svg> Ensuring your balance is sufficient to cover liabilities.<\/li>\n<li><svg width=\"20\" height=\"21\" viewBox=\"0 0 20 21\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M0 10.4819C0 4.95909 4.47715 0.481934 10 0.481934C15.5228 0.481934 20 4.95909 20 10.4819C20 16.0048 15.5228 20.4819 10 20.4819C4.47715 20.4819 0 16.0048 0 10.4819Z\" fill=\"#E1F4E7\"\/><path d=\"M5.75635 10.4087L8.63432 13.2866L14.2437 7.67725\" stroke=\"#1C2642\" stroke-width=\"2\"\/><\/svg> Understanding how high your ceiling is for laying within your budget and limits.<\/li>\n<\/ul>\n<\/div>\n<p>Most <a href=\"https:\/\/www.safebettingsites.com\/exchange-betting\/\">betting exchanges<\/a> only allow you to risk up to your account balance to ensure fairness and security. When you lay, you take on a similar role to that of a bookmaker, whereby it\u2019s your responsibility to pay out when you lose a wager. This is because you are essentially offering odds to punters when laying at exchanges.<\/p>\n<h2><strong>How to Calculate Liability in Lay Betting\u00a0<\/strong><\/h2>\n<p>Betting exchange liability is the total amount of losses lay bettor must pay out to backers if they lose. Although a\u00a0<a href=\"https:\/\/www.safebettingsites.com\/bet-calculator\/single-bet\/\">betting calculator<\/a> does the heavy lifting on the majority of betting exchanges, here is an easy formula one can employ to work this out.<\/p>\n<img decoding=\"async\" class=\" wp-image-43227 aligncenter\" title=\"Liability in Betting Calc\" src=\"https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/02\/Liability-in-Betting-Calc-300x211.png\" alt=\"Liability in Betting Calc\" width=\"682\" height=\"480\" srcset=\"https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/02\/Liability-in-Betting-Calc-300x211.png 300w, https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/02\/Liability-in-Betting-Calc.png 701w\" sizes=\"(max-width: 682px) 100vw, 682px\" \/>\n<p>A good tip for better understanding the calculations in lay betting is to find markets displaying odds on platforms like <a href=\"https:\/\/www.safebettingsites.com\/sporting-index\/\">Sporting Index<\/a> and Betfair. While the computer does the magic for you, try to work out your liabilities first. You can do this by using the formula above and then entering your stake to see if the numbers tally up.<\/p>\n<p>Here are a couple of examples of liability in lay betting, to get you started.<\/p>\n<p><strong>Champions League \u2013 FC Copenhagen (18.0) vs Man City (1.25)<\/strong><\/p>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<ul>\n<li><svg width=\"20\" height=\"21\" viewBox=\"0 0 20 21\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M0 10.4819C0 4.95909 4.47715 0.481934 10 0.481934C15.5228 0.481934 20 4.95909 20 10.4819C20 16.0048 15.5228 20.4819 10 20.4819C4.47715 20.4819 0 16.0048 0 10.4819Z\" fill=\"#E1F4E7\"\/><path d=\"M5.75635 10.4087L8.63432 13.2866L14.2437 7.67725\" stroke=\"#1C2642\" stroke-width=\"2\"\/><\/svg> Liability for a \u00a310 lay bet on Man City is \u00a32.50 (\u00a310 x 1.25 = \u00a312.50 &#8211; \u00a310 = \u00a32.50)<\/li>\n<li><svg width=\"20\" height=\"21\" viewBox=\"0 0 20 21\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M0 10.4819C0 4.95909 4.47715 0.481934 10 0.481934C15.5228 0.481934 20 4.95909 20 10.4819C20 16.0048 15.5228 20.4819 10 20.4819C4.47715 20.4819 0 16.0048 0 10.4819Z\" fill=\"#E1F4E7\"\/><path d=\"M5.75635 10.4087L8.63432 13.2866L14.2437 7.67725\" stroke=\"#1C2642\" stroke-width=\"2\"\/><\/svg> Liability for a \u00a310 lay bet on FC Copenhagen is \u00a3170 (\u00a310 x 18.0 = \u00a3180 &#8211; \u00a310 = \u00a3170)<\/li>\n<\/ul>\n<\/div>\n<p><strong>UFC \u2013 Geoff Neal (3.2) vs Ian Garry (1.5)<\/strong><\/p>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<ul>\n<li><svg width=\"20\" height=\"21\" viewBox=\"0 0 20 21\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M0 10.4819C0 4.95909 4.47715 0.481934 10 0.481934C15.5228 0.481934 20 4.95909 20 10.4819C20 16.0048 15.5228 20.4819 10 20.4819C4.47715 20.4819 0 16.0048 0 10.4819Z\" fill=\"#E1F4E7\"\/><path d=\"M5.75635 10.4087L8.63432 13.2866L14.2437 7.67725\" stroke=\"#1C2642\" stroke-width=\"2\"\/><\/svg> Liability for a \u00a310 lay bet on Geoff Neal is \u00a322 (\u00a310 x 3.2 = \u00a332.00 &#8211; \u00a310 = \u00a322)<\/li>\n<li><svg width=\"20\" height=\"21\" viewBox=\"0 0 20 21\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M0 10.4819C0 4.95909 4.47715 0.481934 10 0.481934C15.5228 0.481934 20 4.95909 20 10.4819C20 16.0048 15.5228 20.4819 10 20.4819C4.47715 20.4819 0 16.0048 0 10.4819Z\" fill=\"#E1F4E7\"\/><path d=\"M5.75635 10.4087L8.63432 13.2866L14.2437 7.67725\" stroke=\"#1C2642\" stroke-width=\"2\"\/><\/svg> Liability for a \u00a310 lay bet on Ian Garry is \u00a35 (\u00a310 x 1.5 = \u00a315.00 &#8211; \u00a310 = \u00a35)<\/li>\n<\/ul>\n<\/div>\n<h3>Does Commission Affect Liability?<\/h3>\n<p>Commission can be factored into your liability. Betfair and other betting exchanges charge a commission on net profits on a market, so a net loss will not incur commission charges. It is best if you establish any costs and charges before you place your bets.<\/p>\n<h3>Betting Liability Calculator<\/h3>\n<p>You\u2019re unlikely to get caught up in complicated betting equations with back bets. Lay bets can be more complicated, however, which makes a lay bet calculator a good tool to employ. These are available at betting exchanges and other sites.<\/p>\n<h2><strong>Bookmaker Betting Liability Explained<\/strong><\/h2>\n<p>Bookmakers accept bets from customers at set odds and must pay out for every punter\u2019s successful wager. Their total exposure (liabilities) is the amount of potential winning bets, which heavily lean toward the more favourable outcome. One of the main ways a bookmaker manages liability is by reducing odds on favourites and increasing them elsewhere.<\/p>\n<img decoding=\"async\" class=\" wp-image-43230 aligncenter\" title=\"Liability in Betting Fitzdares\" src=\"https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/02\/Liability-in-Betting-Fitzdares-300x147.png\" alt=\"Liability in Betting Fitzdares\" width=\"800\" height=\"392\" srcset=\"https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/02\/Liability-in-Betting-Fitzdares-300x147.png 300w, https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/02\/Liability-in-Betting-Fitzdares-1024x503.png 1024w, https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/02\/Liability-in-Betting-Fitzdares-768x377.png 768w, https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/02\/Liability-in-Betting-Fitzdares-130x63.png 130w, https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/02\/Liability-in-Betting-Fitzdares-104x50.png 104w, https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/02\/Liability-in-Betting-Fitzdares-83x40.png 83w, https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/02\/Liability-in-Betting-Fitzdares-1536x754.png 1536w, https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/02\/Liability-in-Betting-Fitzdares.png 1917w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\n<p>Bookies can maximise profits by minimising their liabilities. In other words, the total liabilities for a betting site must be adequately balanced to manage the risk of major losses. If they have accepted a significant volume of bets on one team, they stand to face big payouts.<\/p>\n<p>While it isn&#8217;t of critical importance when learning topics related to what&#8217;s a liability in betting, it can help. Here are some of the ways betting sites and bookies mitigate their exposure.<\/p>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<ul>\n<li><svg width=\"20\" height=\"21\" viewBox=\"0 0 20 21\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M0 10.4819C0 4.95909 4.47715 0.481934 10 0.481934C15.5228 0.481934 20 4.95909 20 10.4819C20 16.0048 15.5228 20.4819 10 20.4819C4.47715 20.4819 0 16.0048 0 10.4819Z\" fill=\"#E1F4E7\"\/><path d=\"M5.75635 10.4087L8.63432 13.2866L14.2437 7.67725\" stroke=\"#1C2642\" stroke-width=\"2\"\/><\/svg> <strong>A Cut on Every Stake \u2013<\/strong> Odds you get for backing either side in an event already guarantee a profit for bookies \u2013 their margin, usually a percentage lower than 10%, has been factored into what they pay out for all successful bets.<\/li>\n<li><svg width=\"20\" height=\"21\" viewBox=\"0 0 20 21\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M0 10.4819C0 4.95909 4.47715 0.481934 10 0.481934C15.5228 0.481934 20 4.95909 20 10.4819C20 16.0048 15.5228 20.4819 10 20.4819C4.47715 20.4819 0 16.0048 0 10.4819Z\" fill=\"#E1F4E7\"\/><path d=\"M5.75635 10.4087L8.63432 13.2866L14.2437 7.67725\" stroke=\"#1C2642\" stroke-width=\"2\"\/><\/svg> <strong>Drastically Lower Odds \u2013<\/strong> Bookies may slash <a href=\"https:\/\/www.safebettingsites.com\/football\/premier-league\/\">Premier League betting odds<\/a> for the next manager to get sacked from 10\/11 to 1\/25, making it pointless for most to wager on.<\/li>\n<li><svg width=\"20\" height=\"21\" viewBox=\"0 0 20 21\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M0 10.4819C0 4.95909 4.47715 0.481934 10 0.481934C15.5228 0.481934 20 4.95909 20 10.4819C20 16.0048 15.5228 20.4819 10 20.4819C4.47715 20.4819 0 16.0048 0 10.4819Z\" fill=\"#E1F4E7\"\/><path d=\"M5.75635 10.4087L8.63432 13.2866L14.2437 7.67725\" stroke=\"#1C2642\" stroke-width=\"2\"\/><\/svg> <strong>Reduce Max Stake on Bets \u2013<\/strong> Online betting sites may limit the maximum stake allowed on the heavily backed market, which can help curtail exposure.<\/li>\n<li><svg width=\"20\" height=\"21\" viewBox=\"0 0 20 21\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M0 10.4819C0 4.95909 4.47715 0.481934 10 0.481934C15.5228 0.481934 20 4.95909 20 10.4819C20 16.0048 15.5228 20.4819 10 20.4819C4.47715 20.4819 0 16.0048 0 10.4819Z\" fill=\"#E1F4E7\"\/><path d=\"M5.75635 10.4087L8.63432 13.2866L14.2437 7.67725\" stroke=\"#1C2642\" stroke-width=\"2\"\/><\/svg> <strong>Hedging \u2013<\/strong> Some bookmakers may look to offset bets and liabilities with other bookies or on gambling exchanges.<\/li>\n<li><svg width=\"20\" height=\"21\" viewBox=\"0 0 20 21\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M0 10.4819C0 4.95909 4.47715 0.481934 10 0.481934C15.5228 0.481934 20 4.95909 20 10.4819C20 16.0048 15.5228 20.4819 10 20.4819C4.47715 20.4819 0 16.0048 0 10.4819Z\" fill=\"#E1F4E7\"\/><path d=\"M5.75635 10.4087L8.63432 13.2866L14.2437 7.67725\" stroke=\"#1C2642\" stroke-width=\"2\"\/><\/svg> <strong>Offer Price Boosts and Promotions \u2013<\/strong> Bookmakers may offer significantly higher odds or an enticing <a href=\"https:\/\/www.safebettingsites.com\/free-bets\/horse-racing\/\">horse racing free bet<\/a>\u00a0in exchange for backing the other horse or team.<\/li>\n<\/ul>\n<\/div>\n<p>Bookies tend to be a step or two ahead of the average punter. As such, it may be beneficial to consider their methods and ways of managing their exposure. Especially if you plan to find the best ways of dealing with exchange betting liability of your own.<\/p>\n<h2><strong>Other Betting Guides\u00a0<\/strong><\/h2>\n<p>If you are enjoying our guide to betting liability, you may find some of our other gambling literature helpful.<\/p>\n<div class=\"component-one-outer sportsguides_new\"><div class=\"component-auto\"><div class=\"component-inner owl-slider owl-carousel9442\"><div class=\"component-two \">\n\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.safebettingsites.com\/acca-insurance\/\" aria-label=\"Component\">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"component-img\"><img decoding=\"async\" src=\"https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2021\/05\/Mobile-Link-List-4-svg.svg\" alt=\"\"><\/div>\n\t\t\t\t\t\t\t\t\t\t\t <div class=\"component-inner\">\n\t\t\t\t\t\t\t\t\t\t\t\t  <div class=\"header-component-h3\"><\/div>\n\t\t\t\t\t\t\t\t\t\t\t <\/div>\n\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/div><div class=\"component-two \">\n\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.safebettingsites.com\/best-odds-guaranteed\/\" aria-label=\"Component\">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"component-img\"><img decoding=\"async\" src=\"https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2021\/05\/Mobile-Link-List-10-2.svg\" alt=\"\"><\/div>\n\t\t\t\t\t\t\t\t\t\t\t <div class=\"component-inner\">\n\t\t\t\t\t\t\t\t\t\t\t\t  <div class=\"header-component-h3\"><\/div>\n\t\t\t\t\t\t\t\t\t\t\t <\/div>\n\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/div><div class=\"component-two \">\n\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.safebettingsites.com\/cash-out\/\" aria-label=\"Component\">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"component-img\"><img decoding=\"async\" src=\"https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2021\/05\/Mobile-Link-List-4-1-2.svg\" alt=\"\"><\/div>\n\t\t\t\t\t\t\t\t\t\t\t <div class=\"component-inner\">\n\t\t\t\t\t\t\t\t\t\t\t\t  <div class=\"header-component-h3\"><\/div>\n\t\t\t\t\t\t\t\t\t\t\t <\/div>\n\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/div><div class=\"component-two \">\n\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.safebettingsites.com\/handicap\/\" aria-label=\"Component\">\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"component-img\"><img decoding=\"async\" src=\"https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2021\/05\/Mobile-Link-List-11-2.svg\" alt=\"\"><\/div>\n\t\t\t\t\t\t\t\t\t\t\t <div class=\"component-inner\">\n\t\t\t\t\t\t\t\t\t\t\t\t  <div class=\"header-component-h3\"><\/div>\n\t\t\t\t\t\t\t\t\t\t\t <\/div>\n\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/div><\/div><\/div><\/div>\n<h2><strong>What is Matched Betting Liability?<\/strong><\/h2>\n<p>Liability in matched betting is the potential losses you can incur from matched betting. The practice involves looking to profit from <a href=\"https:\/\/www.safebettingsites.com\/free-bets\/\">new customer free bets<\/a> and promotions provided by bookies and betting sites.<\/p>\n<img decoding=\"async\" class=\" wp-image-43233 aligncenter\" title=\"Liability in Betting Spreadex\" src=\"https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/02\/Liability-in-Betting-Spreadex-300x148.png\" alt=\"Liability in Betting Spreadex\" width=\"801\" height=\"395\" srcset=\"https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/02\/Liability-in-Betting-Spreadex-300x148.png 300w, https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/02\/Liability-in-Betting-Spreadex-1024x505.png 1024w, https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/02\/Liability-in-Betting-Spreadex-768x379.png 768w, https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/02\/Liability-in-Betting-Spreadex-130x63.png 130w, https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/02\/Liability-in-Betting-Spreadex-104x50.png 104w, https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/02\/Liability-in-Betting-Spreadex-83x40.png 83w, https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/02\/Liability-in-Betting-Spreadex-1536x758.png 1536w, https:\/\/www.safebettingsites.com\/wp-content\/uploads\/2024\/02\/Liability-in-Betting-Spreadex.png 1901w\" sizes=\"(max-width: 801px) 100vw, 801px\" \/>\n<p>In matched betting, the goal is to find profitable betting offers conducive to guaranteeing a profit \u2013 this is regardless of the result. This is possible if you lay bets against the original bet at other sites or betting exchanges. The liability, therefore, is with the money placed on lay bets if the backed bet is successful.<\/p>\n<p>Here\u2019s an example from a Premier League match between Tottenham and Wolves. Remember, the formula to work out liability in lay betting is <strong>(stake x odds \u2013 stake = liability)<\/strong>.<\/p>\n<div class=\"su-list\" style=\"margin-left:0px\">\n<ul>\n<li><svg width=\"20\" height=\"21\" viewBox=\"0 0 20 21\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M0 10.4819C0 4.95909 4.47715 0.481934 10 0.481934C15.5228 0.481934 20 4.95909 20 10.4819C20 16.0048 15.5228 20.4819 10 20.4819C4.47715 20.4819 0 16.0048 0 10.4819Z\" fill=\"#E1F4E7\"\/><path d=\"M5.75635 10.4087L8.63432 13.2866L14.2437 7.67725\" stroke=\"#1C2642\" stroke-width=\"2\"\/><\/svg> You back Tottenham to win at odds of 2.0 with a \u00a310 free bet (\u00a310 x 2.0 = \u00a320 &#8211; \u00a310) <strong>[Liability Capped at \u00a310]<\/strong><\/li>\n<li><svg width=\"20\" height=\"21\" viewBox=\"0 0 20 21\" fill=\"none\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M0 10.4819C0 4.95909 4.47715 0.481934 10 0.481934C15.5228 0.481934 20 4.95909 20 10.4819C20 16.0048 15.5228 20.4819 10 20.4819C4.47715 20.4819 0 16.0048 0 10.4819Z\" fill=\"#E1F4E7\"\/><path d=\"M5.75635 10.4087L8.63432 13.2866L14.2437 7.67725\" stroke=\"#1C2642\" stroke-width=\"2\"\/><\/svg> You lay a \u00a310 bet on Wolves to win at odds of 4.0 (\u00a310 x 4.0 = \u00a340 &#8211; \u00a330) <strong>[Liability is \u00a330]<\/strong><\/li>\n<\/ul>\n<\/div>\n<p>If Spurs win, the \u00a310 back bet nets you \u00a320 \u2013 this results in a net loss of \u00a30 when the lay bet is taken into account. If Wolves win or the match ends in a draw, your lay bet pays out at \u00a330 plus your \u00a310 stake which leaves you with a total balance of \u00a330 \u2013 this is because the \u00a310 bet on Spurs lost.<\/p>\n<p>Both individual and shared liability matched betting are not illegal at sites licenced and regulated by the <a href=\"https:\/\/www.gamblingcommission.gov.uk\/\" target=\"_blank\" rel=\"noopener\">United Kingdom Gambling Commission<\/a> and other reputable authorities. But you should exercise caution and check if the bookies you are betting on have rules or restrictions on such activities. With that covered,\u00a0we are confident that&#8217;s matched betting liability explained for now.<\/p>\n<h2><strong>Advice &amp; Tips for Reducing Liability\u00a0<\/strong><\/h2>\n<p>Managing risk by reducing liability is among the most crucial betting principles to learn. Especially when trying to avail yourself of the many advantages of lay betting. Here are five tips that can help you reduce your liability in betting.<\/p>\n<div class=\"su-note\"  style=\"border-color:#d6d6d3;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\"><div class=\"su-note-inner su-u-clearfix su-u-trim\" style=\"background-color:#f0f0ed;border-color:#ffffff;color:#333333;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\">\n<h3>Employ Good Organisation and Planning<\/h3>\n<p>Keeping track of your betting patterns goes a long way. You can do this by keeping records and using betting spreadsheets and other betting tools. Setting goals, caps, and budgets can help with reducing liability. Knowing what you stand to lose helps with making necessary adjustments.<\/p>\n<\/div><\/div>\n<div class=\"su-note\"  style=\"border-color:#d6d6d3;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\"><div class=\"su-note-inner su-u-clearfix su-u-trim\" style=\"background-color:#f0f0ed;border-color:#ffffff;color:#333333;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\">\n<h3>Start with Smaller Stakes<\/h3>\n<p>There are myriad silly mistakes one can make as a novice bettor. Starting with smaller stakes on <a href=\"https:\/\/www.safebettingsites.com\/what-does-1x2-mean-in-betting\/\">1&#215;2 football market<\/a> bets or similar allows you to gain more experience while limiting liability money owed on your balance sheet. Laying at big odds by mistake, for example, won\u2019t hurt as much if things go wrong.<\/p>\n<\/div><\/div>\n<div class=\"su-note\"  style=\"border-color:#d6d6d3;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\"><div class=\"su-note-inner su-u-clearfix su-u-trim\" style=\"background-color:#f0f0ed;border-color:#ffffff;color:#333333;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\">\n<h3>Learn How to Green Up<\/h3>\n<p>Greening up in betting is a process whereby a bettor can secure some form of profit regardless of the outcome of an event. To achieve this, you must back and lay \u2013 and simultaneously adjust <a href=\"https:\/\/www.safebettingsites.com\/what-does-wager-mean-in-betting\/\">wagers<\/a> on both sides throughout the course of the event \u2013 to limit liability and identify potential risk-free profits.<\/p>\n<\/div><\/div>\n<div class=\"su-note\"  style=\"border-color:#d6d6d3;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\"><div class=\"su-note-inner su-u-clearfix su-u-trim\" style=\"background-color:#f0f0ed;border-color:#ffffff;color:#333333;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\">\n<h3>Try Partial Laying<\/h3>\n<p>When learning what is liability in betting, it\u2019s a good idea to consider partial laying. This is the process of laying multiple bets at stakes representing a fraction of your full liability. Partial laying is a good strategy in cases where you are not entirely confident in the result of an event.<\/p>\n<\/div><\/div>\n<div class=\"su-note\"  style=\"border-color:#d6d6d3;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\"><div class=\"su-note-inner su-u-clearfix su-u-trim\" style=\"background-color:#f0f0ed;border-color:#ffffff;color:#333333;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\">\n<h3>Target Odds-On Prices<\/h3>\n<p>Laying a bet means accepting another punter\u2019s back bet at the selected odds. When you have a grip on what is liability in lay betting, you\u2019ll understand that these odds affect your exposure. Thus, it is a good idea to sometimes lay favourites at odds-on prices (lower than <a href=\"https:\/\/www.safebettingsites.com\/what-does-evens-mean-in-betting\/\">evens<\/a>) to reduce your total liabilities.<\/p>\n<\/div><\/div>\n<h2><strong>Conclusion<\/strong><\/h2>\n<p>A good comprehension of betting liability is essential to anyone using betting exchanges. Especially when laying bets. Although the principle of liability is fairly easy to understand, the trickier aspects of the subject can lead to confusion. With more practice and understanding, you will be able to handle your betting liabilities more professionally.<\/p>\n<h2><strong>FAQ<\/strong><\/h2>\n\n<section class=\"fi-faq-content-shortcode\">\n    <div class=\"fi-faq-content-shortcode__question\">\n        <h3>What&#8217;s a liability in betting?<\/h3>\n    <\/div>\n    <div class=\"fi-faq-content-shortcode__answer\" style=\"display: none;\">\n        <p>Liability is the total amount you stand to lose from your bets in a worst-case scenario. Read our guide for everything you need to know about the topic, including what&#8217;s a liability in matched betting.<\/p>\n    <\/div>\n<\/section>\n\n\n<section class=\"fi-faq-content-shortcode\">\n    <div class=\"fi-faq-content-shortcode__question\">\n        <h3>How do you work out betting exchange liability?<\/h3>\n    <\/div>\n    <div class=\"fi-faq-content-shortcode__answer\" style=\"display: none;\">\n        <p>The easiest way to work this out is by using the formula (stake x odds \u2013 stake = liability). Most online betting exchanges have calculators you can use to work this out. We recommend familiarising yourself with the formula above to really get to grips with what is a liability in betting terms.<\/p>\n    <\/div>\n<\/section>\n\n\n<section class=\"fi-faq-content-shortcode\">\n    <div class=\"fi-faq-content-shortcode__question\">\n        <h3>Are lay betting stake and liability the same?<\/h3>\n    <\/div>\n    <div class=\"fi-faq-content-shortcode__answer\" style=\"display: none;\">\n        <p>No, these terms represent different things. Lay betting stake is the amount you risk when laying a bet. Liability is the total sum of potential losses that can be incurred if you lose your bets.<\/p>\n    <\/div>\n<\/section>\n\n\n<section class=\"fi-faq-content-shortcode\">\n    <div class=\"fi-faq-content-shortcode__question\">\n        <h3>How is Betfair matched betting liability worked out?<\/h3>\n    <\/div>\n    <div class=\"fi-faq-content-shortcode__answer\" style=\"display: none;\">\n        <p>Betfair does not have any input in how you conduct your matched betting practices; but the company allows you to cover lay bets up to the total of your balance. We provided some helpful explanations about understanding what is liability in matched betting further up this page.<\/p>\n    <\/div>\n<\/section>\n\n\n<section class=\"fi-faq-content-shortcode\">\n    <div class=\"fi-faq-content-shortcode__question\">\n        <h3>What is the difference between lay stake and liability costs?<\/h3>\n    <\/div>\n    <div class=\"fi-faq-content-shortcode__answer\" style=\"display: none;\">\n        <p>Your lay stake is the amount placed on a singular lay bet while the liability costs are the total amount you stand to lose against the odds offered for that bet.<\/p>\n    <\/div>\n<\/section>\n\n","protected":false},"excerpt":{"rendered":"<p>Understanding what is liability in betting is crucial when laying and backing at betting exchanges. However, liability is often used specifically for lay betting, standing as the total amount you stand to lose if your lay bet is unsuccessful. In this guide, we provide everything you need to know about the subject of betting liability. &hellip; <\/p>\n","protected":false},"author":189,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"class_list":["post-43216","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is Liability in Betting? \u2013 Complete Guide to Betting Liability<\/title>\n<meta name=\"description\" content=\"Comprehensive guide answering what is liability in betting. 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