Betbotpro for Betfair User Manual - Streaming API
  May 2024
×
Menu
Index

% Bank Liability Stake – Back and Lay

The ‘Max Next Stake’ is different for each race and depends on the lay odds and bank or Betfair Balance.
 
E.g. If the % bank liability is set to 1% you will limit the loss to 1% of the Bank (Betfair Balance) or Virtual Wallet, should the bet lose..
 
So if the odds at xx seconds before the race were 3.35 with a bank or Virtual Wallet of £500 then the stake would be calculated as follows:-
 
1% of bank = £5, Stake = Liability/(odds-1) = 5/(3.35-1) = 2.12 not including commissions.
 
The % bank liability can be set between 0.01 and 100 and is available for back or lay bets.
 
 
submit to reddit