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Effective: Monday, July 1, 2013 June 5, 2013 Attn: Attorneys and Title Companies We have revised our Transfer of Ownership Form and settlement procedures to better service you and your clients. Please.

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Your 'back stake' is the amount you stand to win if you win the bet. The 'liability' is the amount you stand to lose if you lose the bet. Uncheck the 'show backer's stake' box in your settings to instead enter the liability as your stake.

In simple terms, this is a type of betting where you bet on an event happening (back) or not happening (lay). For example, you're betting on a football match. If you think the team will win, you'd place a back bet. If you think the team will lose, you'd place a lay bet.

This strategy allows bettors to back with a bookmaker and then lay the same outcome on a betting exchange for a profit. Arbitrage opportunities arise when the lay price on the betting exchange is shorter than the back odds on another exchange or bookmaker.

(For those interested to know how lay bet liability is calculated at the betting exchange it is in exactly the same way we calculate normal liability. All you do is multiply your lay stake amount by your lay odds, then take off your lay stake amount).

Select Cross-Exchange. Enter the Price of both the Back and Lay bets. Enter the value of one stake constraint, caused by available liquidity, a bookmaker's maximum stake limit or just your budget for the arbitrage. Enter your Commission rates and press Calculate.

Placing a Lay bet means you are betting on something not to happen - for example, if you lay a football team to win your bet will be settled as a winner if the team loses or if the game ends in a draw - so two outcomes are playing in your favour.

The formula is very simple: equivalent odds = decimal odds / ( decimal odds - 1). If we keep the same example of 1.05 (Back) odds, the Lay equivalent is 21 (1.05 / (1.05 - 1)), therefore 18.5 gets us 1.057 (18.5 / (18.5 - 1)). More examples: Back @ 2.0 = Lay @ 2.0.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232