Layer's Aid betting calculator
The Layer's Aid calculator calculates:
- Your liability on a Lay bet
- How much you can afford to lay for a given
liability
Calculating your liability on a Lay bet
This shows that if you want to lay a selection for
£50
at
3.75, your liability would be
£137.50.
In other words, unless you had other outstanding positions in the same market,
you would need to deposit
£137.50 into your betting
exchange account to cover the bet.
Calculating how much you can afford to lay for a given
liability
In this example, you have
£100 in your betting
exchange account and would like to lay a horse for as much as you can at
1.21. Layer's Aid shows you that you can afford to lay
£476.19 at that price.