Liability is one half of the matched betting equation. Watch our video that explains what liability is and how it applies to the world of matched betting.
A liability is the amount you will pay out if your bet wins at the bookmakers but loses on the exchange. So in this example here we can see we are betting on “Untight” the horse to win. Now if it does win you would win £35 at the bookmaker but you would have to pay out £31.11 at the betting exchange and that is what your liability is. Now if your horse lost you would lose nothing at Coral as this one is a free bet but you would win the stake, which is £4.09 at Betfair.
So the liability is the amount you will pay out if your bet wins at the bookmaker.