What is SP betting?

SP is an abbreviation for ‘Starting Price’ and until now has been more widely associated with traditional bookmaking. The method by which SPs are set for each runner varies in different countries. Traditionally in the UK the Starting Price for any horse in any race has been determined by the on-course bookies who determine an aggregate price or odds. Not surprisingly, their Starting Price is edged towards them making a profit.

There has recently been a lot of debate across the industry as to whether this is a fair way of calculating the SP. Many people argue that the SP should account for bets placed on the selection off-course (in betting shops and online) as well.

Betfair’s Starting Price is different. It’s based on bets placed by both backers and layers in any market – there is no margin for profit built in – and that’s why we think it will give you much better odds.

Why Betfair Starting Price?

Unlike other bookmakers’ Starting Price, the Betfair Starting Price will be determined by balancing bets from customers who want to back and lay, so because it’s other customers placing the bets and because there is no margin for profit built in, you are far more likely to have better odds than the bookies’ SP.

The Betfair Starting Price will be calculated exactly to ensure the fairest and most transparent odds possible for both backers and layers. The Betfair Starting Price does not need to account for a profit margin but instead is calculated at the start of an event by looking at the relationship between the amounts of money requested at SP by opposing customers and by looking at unmatched Exchange bets.

How do I place a bet at Betfair Starting Price?

Firstly, you need to have the new ‘Betfair Starting Price’ box ticked above the market view. This will bring up a new column in the market view allowing you to back at SP. If you have the ‘Back & Lay’ box ticked you can also lay your selection at SP. You then just need to click on the relevant box marked “SP” according to which bet you want to place. Clicking the Market Depth box will bring up the white columns indicating the next best prices you would have previously been able to see in the Full View. Leaving all boxes un-ticked shows you the equivalent of the Express View. (Note that when you click on the name of a selection now, it opens up the betting slip to back it. If you want to see the graphs and trading table, you must click on the new graph symbol to the left of the selection.)

When will I know what odds I have been matched at, and my potential winnings?

You will be informed of the odds at which your bets have been matched once the market is turned in-play and the event has started. At this point your bet will be matched against customers who have placed an opposing bet. The actual SP will then be displayed in the middle column on the market as long as you have the “Betfair Starting Price” box ticked above the market.

Your Bet Manager is now split into three colour-coded sections. These are Unmatched Bets, Matched Bets and SP Bets. Any SP bets that were showing in your Bet Manager before the race started will be moved to the Matched Bets section once the race is in-play.

How is the money matched?

The basic principle of matching bets on the Exchange is maintained for SP bets. Backers are matched against layers. In the case of Starting Price bets, we are matching Starting Price backers (who have specified a stake) and Exchange backers with Starting Price layers (who have specified a liability) and Exchange layers.
For further details on this please see SP – Detailed Workings

Which markets will we offer SP betting on?

To start with, we will only offer SP betting on British Horseracing win markets. Moving forward, we plan to offer it on Place markets, Irish, US, Australian and South African horseracing as well as other sports.

What is the minimum stake for an SP bet?

The minimum stake for a back bet at SP is £2 (or the local currency equivalent). The minimum liability if laying is £10 (or the local currency equivalent).

Is there a maximum stake for SP bets?

No.

Who am I betting against at SP?

The party against whom you are betting when you take the SP option is consistent with the main Terms and Conditions that govern your use of the site. For example, if you are a UK customer, then any SP bet you place will be matched against another customer(s). But if you are an Australian customer betting on a non-Australian event, then your counterparty is Betfair.

If I am laying at SP, how will I know how much I am risking?

In a normal Exchange market, if you are laying you are asked to specify the backer’s stake you would like to try to win and your liability is calculated for you.

In contrast when placing an SP lay bet layers are asked to specify a liability (rather than a backer’s stake). This is because the SP won’t be known until the off, so customers have to specify the liability they desire so that we can ensure they have sufficient funds in their account to pay the backers we match them with should the selection go on to win. Backers and layers at SP will therefore not know how much they could win until the start of the event. Backers at SP specify their stake as normal and this amount will reduce their “available to bet” balance as usual.

How are the bets being settled and when?

Once the reconciliation process has taken place, SP bets are just like normal matched Exchange bets. They will be settled along with every other matched bet.

Who is taking the risk, Betfair?

Betfair takes no risk (except if the website isn’t working, please see Betfair SP Rules for further details). We balance backers and layers. Our customers take the risk.

Is it linked to the Exchange, and how?

All available money at the time is balanced to determine a fair price. This includes customers who have elected to back or lay at SP and any unmatched Exchange demand.
For further details on this please see SP – Detailed Workings

Does Betfair see what is happening with the SP bets?

The process of determining the SP takes place in the short period of time between the race being suspended and the race going in-play. During that period no one at Betfair has any influence in how the price is determined. No one at Betfair has access to any privileged information on SP markets.

How can Betfair guarantee to match a £50k SP bet?

In order to match that amount of money at 1.01, we would only need £500 of layers’ liability. Unless the selection is genuinely a 1.01 chance there is a very high probability that there will be enough layers to guarantee a match. However, we don’t guarantee a price. In practice though a large amount of money placed to back at SP will be likely to result in a price projection that is attractive to layers, and vice versa.

Will there be unmatched SP bets if the money isn’t there?

In theory, there could be unmatched SP bets. We don’t actually guarantee a match. But this would only happen if the price is 1.01 or 1000 – the two extremes of our SP. If 1.01 were the final SP, then some backers might be unmatched. If 1000 were the final SP, then some layers will be unmatched. However, we expect this to be very rare.

What are SP odds limits?

SP odds limits is a new feature that allows you to specify either the minimum odds you are prepared to accept for an SP bet, for back bets, or the maximum odds you are prepared to offer for a lay bet. Traditional bookmakers don’t offer this type of bet, but Betfair has created an SP system that will. You just need to select the set odds limit option when placing the SP bet and specify the minimum acceptable odds for back bets or the maximum acceptable odds for lay bets. If the Betfair SP falls outside the limits specified, stakes are returned and the bet is not matched. This enables Betfair to calculate the minimum profit you will make on the selection if the result goes in your favour.

SP Backers Min Profit Calculation
(Min Odds – 1) x Stake = min profit

SP Layers Min Profit Calculation
Liability / (Max odds – 1) = Min Profit

See the Setting SP Limits section for further details.

If I specify a limit on an SP bet and the calculated SP is equal to my limit am I guaranteed to be matched?

No. To include all SP limit bets which have a limit exactly equal to the SP in the reconciliation process and match them could result in an imbalance between backers and layers. Therefore where an SP is calculated that is exactly equal to backers’ and/or layers’ limit SP bets none, some or all of those bets may be included. In this event SP limit bets with identical limit prices will be matched on a first come, first served basis as is the convention in Betfair’s Exchange markets. Lay bets with a higher limit and back bets with a lower limit will definitely be matched.

Why does my profit & loss not reflect my SP bets?

The profit and loss will only reflect your SP bets once the event has started and the bets have matched at the Starting Price.

The projected profit and loss cannot be displayed using the ‘what if’ feature within ‘More Options’ because there is no price upon which to base the calculation at this stage.

What changes will I see in market view?

If you are an existing customer who gets the current ‘Full View’ you will get the equivalent of the Full View (Back & Lay and Market Depth selected). Similarly, if you get the ‘Express View’ you will again get the equivalent (no checkboxes selected).

Any changes to your preferences will be stored.

Can I request to ‘Take SP’ on an unmatched lay bet if my liability is less than £10? (Minimum liability)

Yes, but at the off if the liability on the bet is less than £10 the bet will be cancelled and will not be included in the SP reconciliation.

For example: As an Exchange layer I decide to lay a horse for £5 @ 2.0. It is trading at 3.0 so my bet is unmatched. I then request to ‘Take SP’ at the off if my bet is still unmatched at 2.0. The system will allow this request but if unmatched at the off it will lapse. Also, if a customer for example asks to lay £50 at 1.5, convert to SP if unmatched, and £40 gets taken leaving £10 lay at 1.5 the balance will cancel at the off. It will not convert into an SP lay bet as the revised balance at the off was less than the minimum £10 liability allowed for SP bets.

Can I place SP bets on your Multiples product?

No. There is no immediate plan to offer SP betting across Multiples.

What is the commission rate payable when betting at SP?

As an introductory offer the SP bets will be priced with the same commission rates and discounts as conventional Exchange bets. This offer will be valid for several months, at least, and continue throughout the spring racing season. In detail, the pricing calculation is performed as follows: SP bets become matched bets once the reconciliation has been performed at the start of the event with commission charged on a customer’s net winnings in each market. The commission on SP bets will therefore be calculated in exactly the same way as normal Exchange bets.

Can I cancel or amend my SP bet?

It is not possible for you to cancel a bet you have placed on the site at SP. This is so that we can provide an estimate of the Starting Price based on money committed to betting at SP. If bets could be cancelled, this estimate could be manipulated by placing a large bet and then cancelling it. If, however, you have an unmatched Exchange bet with the option “Take SP” selected you can still cancel this up until the time of the off.

If you have specified a limit on your SP back bet you can reduce the minimum odds you are prepared to accept. If you have specified a limit on your lay SP bet you can increase the maximum odds you are prepared to offer. You will not be allowed to increase the odds on a limit SP back bet, or reduce the odds on a limit SP lay bet as this would allow customers to amend their bets to levels that would be highly unlikely to be matched, which would have the same effect as cancelling which is not allowed, as explained above.

Can SP bets be placed using Betfair Mobile?

Not currently…but watch this space!

Are my SP bets highlighted in Current Bets, Betting History and on My Statement?

Yes. Your bets will show in Current Bets at SP along with any odds limit you may have set.

Will the new functionality affect Multiples / Coupons / Line / Range or Asian Handicap betting?

No. You will see no changes to the market views at all and will still see the old Express & Full Views where relevant. This currently only affects odds markets.

What does the functionality under “Coupons Pages” in More Options allow me to do?

These options will not appear in More Options unless a Coupon is selected on screen. This is what the options are with a brief description of what they do.
- Display stake selector = Displays a stake selector in the market header.
- Display best prices only = Displays the best prices for each selection.
- Display averaged odds = Displays prices averaged around the values specified by the customer in the stake selector.

What happens to my SP bet if there is a subsequent non-runner?

Please refer to the SP Bet Rules section.

What can I do with an unmatched bet in SP markets?

By default unmatched bets ‘lapse’ and are cancelled at the start of the event.

You can still choose for this to happen if you wish, and unmatched bets will have “cancel” as their default. However we have added two new alternative options:
1. You can choose to “Keep” the bet once the market turns in-play if it is not matched prior to the off. This provides another opportunity to get your bet matched, although there is still no guarantee you will be matched as the price may never reach the level you have requested.
2. You can also choose to convert your unmatched Exchange bet to an SP bet if it remains unmatched at the off by selecting the “Take SP” option.

Please note again that you can cancel an unmatched Exchange bet as normal, whichever option you have chosen.

Also see the Changes to Exchange Betting (Non SP bets) section.

1. Placing your first bet on BetFair

What is a ‘Back’ Bet?

A ‘Back’ bet is a bet on something to happen – a horse to win a race, a football team to win, a person to be evicted from Big Brother etc. It’s just like the bet you’d regularly place with a traditional bookmaker or tote, or even with your mates.

With Betfair, you can bet on something to happen – Backing, or not to happen – Laying, so we have to change the terminology slightly.

In the example above, you want to back Rail Link for £10 at a price of 10.5. If the bet is submitted and matched, you stand to win £95 (£10 at 9.5/1) less commission (see How is my commission calculated?), plus your stake back. You stand to lose £10 (your stake). You can change the price you’re looking for by typing in a different price or clicking the arrows next to the Your Odds box (see ‘How do I choose my odds?’). Take note though, Betfair markets are dynamic, the prices can move at any time. Also if you change your price from what is currently available, you take the risk of not having your bet matched (see ‘How do I know when my bet is matched?). If the Betfair price improves whilst you are in the process of placing your bet, you will be matched at the best available price – higher for backing, lower for laying (see ‘What is Best Execution?).

To turn on the Predictive Profit & Loss (P&L) or ‘What If?’ function shown above, click on ‘Options’ above each market once you’ve logged in.

What is ‘Laying’?

Laying a bet means you are betting on something not to happen – a match not to end in a draw, a horse not to come in first, a rugby team not to win by over 7 pts etc.

It might sound new, but you’ve probably been doing it unconsciously for years. Have you ever had a bet with a mate? It might have been over a game of pool, or on a football match on TV. Two opposing sides, two opposing opinions. He’s backing his team – if they win, he wins. If they lose, you win – you’ve effectively layed his bet by betting on something not to happen.

With Betfair you can not only lay any selection, but also choose the price you want to take, and how much you are prepared to risk. The shorter the price you wish to lay, the less money you have to risk compared to your potential reward. Laying the Tie in the market below at 13.5 might sound safe, but for every £10 you want to win, you have to risk £125 – high risk and low reward. The market says Europe at 1.9/1.91 are much more likely to win, but to win £10 by laying that outcome, you only need to risk £9.10.

In the example, you’ve chosen to lay the USA at the current odds of 2.52. Note that on the left hand side, your potential loss (liability) is shown as £15.20 but on the right the figure is £25.20. This is because the other person’s stake is included in the Payout figure, as each Betfair user must ‘pay’ for their bet first with the money held aside from their account until the market and each bet is settled.

There are all sorts of reasons why people lay bets. Some people find it easier to pick a horse that won’t win, than one that will win. Some people lay a bet because they think the price is too short. Others will lay first, then look to back the same selection later in-play – that’s called Trading (see ‘What is Trading?),

Laying need not be scary – you are in full control of how much you wish to risk and how much you could win. In a lay bet, you always stand to win the stake of the opposing bet (e.g. £10 in the example above). You could be betting against one person or several. As mentioned above, your liability is £15.20

To turn on the Predictive Profit & Loss (P&L) or ‘What If?’ function shown above, click on ‘Options’ above each market once you’ve logged in.

Note – Betfair charge a commission fee on net winnings on each market (see How is my commission calculated?),

What is Trading?

Trading is one of the best and most unique things about Betfair. Trading is having more than one bet in a market; seeking to improve your position or lock in a profit on all possible outcomes.

In the example below, you have layed a selection first, and then backed the same selection soon after at a higher price, guaranteeing a profit whichever result occurs. This is what most users call a Green Book because all possible outcomes show a profit (displayed in green below each selection). On top of that, your liability is now zero, meaning there are no funds tied up from your account, so you can place more bets on other markets.

When trading, you want to lay at a low price and back at a higher price. Use the Predictive Profit & Loss (P&L) or ‘What If?’ function (click on ‘Options’ above each market once you’ve logged in) to do the calculations for you. Think of it like buying a house at one price, then selling it later at a higher price. Live sport is perfect for trading, this is why many events at Betfair match far more bets in-play than before the event began.

How do I find the market I want?

Betfair open and settle hundreds of markets each day, so we have a menu navigation to allow you to find the one you’re interested in as easily as possible.

From the left hand menu, choose the sport you’re interested in, e.g. Soccer.

You will then be presented with a list of appropriate options, for example, the various countries or leagues from around the world. In this example, you choose English Soccer and then the Barclays Premiership. This opens all the markets relating to the Premiership itself, such as the “Winner” market, plus more categories such as Fixtures for upcoming matches.

How do I place a bet?

Now that you have found the market that you want, you can back or lay bets on the market. Before you place any bet, ensure that you are familiar with the Rules governing that market, which can be found under the Rules tab on the right hand side of the screen. To place a bet, follow these simple instructions or watch our betting tutorials for more information.

- Navigate to the appropriate market. See here.

- The market shows you the prices available to back or lay. The blue box indicates the best price available to back, and the pink box shows the best prices available to lay on each selection, in this example the favourite is available to back at 1.23, and to lay at 1.26.

The figure under the price shows the amount available, in this example a bet of up to £1676 would be matched instantly at 1.23.

- Once you have selected which bet you want to take, you click the appropriate box. In this example we have chosen to back QPR to win at 4.

- Clicking your selection launches the “Bet Manager” on the right hand side of the screen.

To place your bet at these odds, insert your stake, in this case £5, in the “Your stake” box. The screen will immediately show you what you could win.

- Once you are happy that you have the right selection and you’ve entered the stake you want to bet at the correct odds, click Submit at the bottom of the Bet Manager. This will launch a “Confirmation” screen. Ensure that you have the correct selection, odds and stake and confirm the bet.

If you agree with this, then click yes to confirm at the bottom of the screen, and the bet will immediately be submitted to the exchange.

Hint: You can choose not to confirm your bets by unticking the “Confirm Bets” box at the bottom of this screen.

- Once your bet is submitted to the exchange, the bet manager will immediately confirm to you whether your bet has been “Matched” or not. If it has it will confirm the bet as Matched, and the odds that your bet was matched at. On occasion, the price may change while your bet is being placed. If the price has increased, your bet will be matched at the greater price, if the price has decreased the bet will remain “Unmatched”. An unmatched bet will wait on the system as an order until it is matched by another Betfair member. You can cancel any unmatched bet at any time, or you can adjust the price or stake.

Watch and listen to our betting tutorials for more information.

How much do I have to bet?

The minimum stake on the Betfair site is £2 (or equivalent in other currencies) whether you are Backing or Laying.

If you are betting over the Telephone there is a £50 minimum stake to reflect the quality of the Telephone service that we offer.

How do I choose my odds?

When you’re betting on Betfair, you do not have to take the odds available at that time. If you want better odds, you can ask for them.

As with placing any bet, click on the best price available for your selection: e.g. in this case, the blue (Back) box for 11 to win. The Bet Manager will launch your bet on the right hand side of the screen.

Enter your stake in the usual way, but then amend the odds in the “Your Odds” box to the ones that you would like. You can do this by either entering the numbers on your keyboard, or by using the cursor or up/down keys to scroll through the odds increments.

Submit your bet in the usual way, as explained in “How do I place a bet?”. Or watch our betting tutorials for more information.

Acceptable Odds

All Betfair bets must be placed at ‘acceptable’ Odds increments. This ensures that the market remains disciplined. For example, if you would like to leave an order on the system, you can only change the current Odds by the increment, or multiple of the increment, shown below.
From | To | Increment
1 | 2 | 0.01
2.02 | 3 | 0.02
3.05 | 4 | 0.05
4.1 | 6 | 0.1
6.2 | 10 | 0.2
10.5 | 20 | 0.5
21 | 30 | 1
32 | 50 | 2
55 | 100 | 5
110 | 1000 | 10
1000+ | Not Allowed

The odds increment on Asian Handicap markets is 0.01 for all odds ranges.

What are Decimal Odds?

All prices quoted on Betfair are ‘Decimal’ Odds. Decimal Odds differ from the Odds traditionally quoted in the UK in that they include your stake as part of your total return. If you place a bet of £10 at Decimal Odds of 4.0 and win, then your total return (including stake) is £40. In the UK this would be quoted as 3/1, returning to you winnings of £30 plus your original stake of £10.

Decimal Odds are simpler to use than Traditional Odds, and are the most common form of Odds quoted in countries outside the UK. In addition, for the mathematically minded, Decimal Odds relate more closely to probability: in a race with four equally-matched horses, the probability of each horse winning is 25%. Each horse will have Traditional Odds of 3/1 or Decimal Odds of 4.0. Hence, the probability of an outcome equals 1 divided by its Decimal Odds (1 / 4.0 = 25%).

Decimal Odds also offer many more prices – Betfair offer every price between 1.01 and 2.0 to two decimal places. With no margins to protect, our customers deserve to see every price available.

Converting Decimal Odds to ‘Traditional Odds’

Converting Decimal Odds to Traditional Odds: Decimal Odds minus 1.0 = Traditional Odds (x to 1). Eg 4.0 = 3/1, 1.80 = 4/5 (0.8 to 1)

Converting ‘Traditional Odds’ to Decimal Odds

Converting Traditional Odds to Decimal Odds: Traditional Odds (x to 1) plus 1.0 = Decimal Odds Eg 7/1 = 8.0, 1/2 = 1.50

Betfair Odds Conversion Chart

Fractional Decimal American
10/1 11.00 +1000
9/1 10.00 +900
8/1 9.00 +800
7/1 8.00 +700
6/1 7.00 +600
5/1 6.00 +500
4/1 5.00 +400
3/1 4.00 +300
2/1 3.00 +200
Evs 2.00 +100
10/11 1.91 -110
5/6 1.83 -120
4/5 1.80 -125
8/11 1.73 -138
4/6 1.67 -150
8/13 1.62 -163
4/7 1.57 -175
8/15 1.53 -188
1/2 1.50 -200
4/9 1.44 -225
2/5 1.40 -250
4/11 1.36 -275
1/3 1.33 -300
2/7 1.29 -350
1/4 1.25 -400
2/9 1.22 -450
1/5 1.20 -500
1/6 1.17 -600
1/7 1.14 -700
1/8 1.13 -800
1/10 1.10 -1000

How do I know when my bet is matched?

Two ways – watch the My Bets tab on the right hand side of the screen which will indicate which bets are matched and which are unmatched. If the bet remains unmatched, you still have the ability to change the price or stake (the odds and stake box will still be editable).

Alternatively, check your Profit and Loss figure (underneath each selection when the “Show P&L” box at the top of the market). The Profit and Loss will update as your bet(s) is matched. Green indicates potential profit, red shows potential loss.

Find out more by watching our betting tutorials for more information.

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2. Advancing your betting

3. Betting Markets

4. Antepost

5. After the event has finished

6. Rules and Regulations

7. Settlement

See the rest of the HELP file at the BetFair prediction exchange.

What is multiples betting?

Betfair offers multiples betting, also known as accumulator betting. You can combine a number of selections from different markets into one bet. Betfair allows multiples of between two and eight legs. A leg is an outcome of a single market. You can select one or more runners from a market to form a leg. The odds for each leg are determined by the available odds of the runners in the equivalent singles markets. The odds for the multiple are determined by multiplying the odds for each leg together.

Where can I find multiples?

To place multiple bets on Betfair you must navigate to the multiples betting section by clicking on the ‘Multiples’ tab on the left-hand side of the page. Clicking on this link will display the multiples homepage that includes details about how to place multiples and links to the popular multiples markets. The Multiples menu will display the available multiples groups when you click on the link to multiples.

What is a multiples group?

In order to place a multiple bet, you must make your selections from markets that are contained in the same multiples group. A multiples group will typically contain related markets, for example, weekend Premiership matches may be contained within a single multiples group, and tennis matches for a given tournament may be contained within a different multiples group. Note that not all markets offered for singles will be available for multiples betting.

What are multiples coupons?

Some multiples groups have a coupon that enables you to make selections across a number of similar markets from one view. For example, a coupon may display all the available soccer Match Odds markets from a multiples group. You can make selections from a coupon or by navigating to each market individually. Markets on the coupon can be combined with markets that are not featured on a coupon. For example, you can select to back a team to win a match from the coupon and select to back a different team to win another match at 1-0 from the Multiples menu, provided both markets are included in the same multiples group.

Can I lay a selection in a multiple?

Selections from a multiples group can either be backed (bet to win) or layed (bet to lose). In addition, you can back or lay more than one runner in a market to form a leg, provided that the market has only one winner (for example, you can only select one runner in a To Score market). However, you cannot both back and lay runners in the same leg. If you make a number of back selections from a market, your leg will win if any of the selected runners win. If you select a number of lay selections from a market, your leg will win if none of the selected runners win.

Can I place combinations of multiples (a Yankee, for example)?

Betfair supports the full range of multiples and combinations of multiples for up to eight legs. As you make your selections, they will be added to the Place Bets tab in the Bet Manager. Once you are satisfied with your selections, enter stakes for the multiples that you would like to bet on. You can place combinations of bets based upon the number of legs you include. For example, if you select four legs, you can bet on any combination of two of them winning (six doubles), any combination of three of them winning (four trebles) or all of them winning (a four-fold). A bet that features all 11 of the multiples in this example is called a Yankee.

Can I lay the whole multiple?

You can back or lay the whole multiple by selecting either the ‘Back Multiple’ or ‘Lay Multiple’ radio button. The table below describes the winning and losing outcomes for the different combinations of back and lay for the legs in the multiple bet and the multiple itself.

What odds do I get on my multiple?

After you have entered your stakes, press the ‘View Odds’ button to see the odds that are available for your bet. You can remove individual multiples from the combination of multiples, for example, you can remove one of the doubles in a Yankee. To do this, click on the icon to the left of the multiple. Similarly, click on the icon to the left of a multiple that has been removed to reinstate it. Once you are satisfied with the selected multiples and have checked that the odds are acceptable, press the ‘Place Bets’ button to place your multiple bet(s).

Who takes the other side of my bet?

Multiple bets, unlike single bets, are struck directly with Betfair. However, the odds offered are based on the odds available on the singles exchange at the time of bet placement. You cannot ask for your own odds for multiple bets and multiple bets are never unmatched.

How can I see what multiple bets I have?

Once placed, multiple bets can be viewed in the Current Bets screen by selecting the Multiples option from the ‘Product’ dropdown list.

Settlement transactions (win/lose credits and debits) will only be displayed in your account statement when the total multiple combination outcome has been decided. This means that a sufficient number of markets in each multiple within the combination must be settled to enable the outcome to be decided before the settlement transaction is available or any funds are returned, if appropriate.

Note that not all multiples markets in a multiple combination have to be settled before the outcome of the multiple combination has been decided. For example, in a back double where you have backed a runner in each leg (multiples market), both legs must win for the multiple combination to win. If the first leg loses, then you have lost the multiple regardless of the outcome of the second leg.

If the multiple combination consisted of only the double, then the multiple combination will be settled at this point and the settlement transactions will be available as soon as the first multiples market is settled as a loser.

If the multiple combination consists of more than the double, then the multiple combination is settled when the last multiple outcome is determined.