Select Exchange - If you are signed in you can select your exchange and Yesbets will track all of your bets and balances when you confirm and save the bet. Find out more about Yesbets Accounting.
Lay Stake - The lay stake will be shown in this box once you have added the lay odds and commission to the matched betting calculator. This is the amount that you will lay at the odds that you have inputted. You don’t need to fill this part of the calculator out
Lay Odds - You need to enter the current lay odds on the betting exchange in this box. Exchange odds are shown in decimal format which will look like 2.5 or 3.5 etc. Enter the current odds at the exchange for the event that you are looking to lay. Do bear in mind that for horse racing, close to the off or for in play betting, these odds can move quickly and to get an accurate lay stake the odds will need to be correct.
Commission - When you place any bet at the exchange, they will charge a commission and you will need to enter this value in the commission box. Betfair typically charge 5% commission and Smarkets charge 2%.
Underlay or Overlay - The default setting for this is normal. This will equal out your profit or loss regardless of the result. There may be some instances where it is favourable to overlay or underlay your bet. An example where it would be advantageous to underlay a bet would be an offer that requires lots of wagering. By underlaying the qualifying bet in this case, you would sacrifice some of the profit if your bet loses but you will not need to complete the wagering, but if it wins you will have more funds to complete the wagering of the bonus.
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