I will ask again- Could someone give me a step by step example of making an offer?

[Iceman]

exchange betting. Very confused how this work with making offers.

[Hitman26]

On Mansion?

[Iceman]

On Mansion?yes

[Hitman26]

Ok lets say you want to offer Cle -120 tonight,


1. Check the box for Cleveland -161.
2. Once the add selections screen pops up, under the odds box you want to change that to -120.
3. Put in how much you would like your bet to be in the win amount and bet amount boxes.
4. Click submit.
5. Verify and click submit again.



You have just made an offer. It is listed on the LAA side as LAA +120.

[Hitman26]

Obviously someone has to accept your offer, but since you want Cle, the offer will show up on LAA side.


Any more questions, I will be happy to answer. My advice is to put in some crazy offers that no one will accept just to get the hang of it. That is how I learned.

[charleslanger]

Obviously someone has to accept your offer, but since you want Cle, the offer will show up on LAA side.


Any more questions, I will be happy to answer. My advice is to put in some crazy offers that no one will accept just to get the hang of it. That is how I learned.

That is a very good suggestion, it will be easier to see one's offer on the other side...

Now, on Betfair, folks are limited/downgraded/blacklisted when their ratio of accepted offers is very low...not something to worry about or that will happen to most of us: there are some who only put in crazy offers all day long, hoping to get lucky-- they just eat up bandwidth & contribute zilch.

[valueman]

People are blacklisted at betfair when they try and do fraudulent things like when the best offer on a selection is say 3.0 and they ask for 32 hoping to get someone to lay the bet inadvertendly.

[Woody0]

Ok lets say you want to offer Cle -120 tonight,


1. Check the box for Cleveland -161.


Wrong! This is not an offer for Cleveland but a bet on Cleveland, offer on LAA. This guy is already confused unnecessarily.

Its simple.

Forget about making an offer.

1. You want to bet Cleveland.
2. The exchange has it now at -161 but you want it at -155.
3. Check the box for Cleveland, adjust the odds to -155 and submit the bet.

[4. It will then show as LAA +155 which is what you are offering.]

Bottom line: Make the bet you want and forget about the offer if it confuses you.

[charleslanger]

People are blacklisted at betfair when they try and do fraudulent things like when the best offer on a selection is say 3.0 and they ask for 32 hoping to get someone to lay the bet inadvertendly.
That's not fraud: that's stupid buyer beware.

[Woody0]

People are blacklisted at betfair ....

So do they get their limits reduced?

I wondered why so often I see lays at 200/1 for a $2 bet.

[X-Files]

I will ask again- Could someone give me a step by step example of making an offer?


Friday night @ 8...your place or mine?

[valueman]

people never get limits reduced at betfair - they just don't like people trying to trick other customers into offering bets at 10 times the odds they should be - this hardlt happens nowadays anyway.

The reason there are $2 offers at big odds is because many layers use software to do the laying for them so the $2 offers are "feelers" for the market.

[Hitman26]

Wrong! This is not an offer for Cleveland but a bet on Cleveland, offer on LAA. This guy is already confused unnecessarily.

Its simple.

Forget about making an offer.

1. You want to bet Cleveland.
2. The exchange has it now at -161 but you want it at -155.
3. Check the box for Cleveland, adjust the odds to -155 and submit the bet.

[4. It will then show as LAA +155 which is what you are offering.]

Bottom line: Make the bet you want and forget about the offer if it confuses you.


I say in step 2 to change the offer to -120. The same thing you did to minus 155.

[Iceman]

So lets say (I didn't) I bet Cleveland earlier at -155 and now I want to scalp it.

So I bet the Angels (on the offer side) at +158 and it will show up as Cleveland -168 for the players out there?

[Santo]

No it would show up at -158

[Iceman]

No it would show up at -158 That is what I meant. I hit the wrong button. Is there a tax on making offers?

[jeckll]

Depends what exchange you're using. Mansion charges 1% on offers, believe Matchbook is 2% which is the same as if you are accepting offers.

[Woody0]

Ok lets say you want to offer Cle -120 tonight,


1. Check the box for Cleveland -161.
2. Once the add selections screen pops up, under the odds box you want to change that to -120.
3. Put in how much you would like your bet to be in the win amount and bet amount boxes.
4. Click submit.
5. Verify and click submit again.



You have just made an offer. It is listed on the LAA side as LAA +120.

Hitman,

You start your post by saying you want to offer Cleveland then you explain how to offer LAA.

You have a typo somewhere which makes your explanation incorrect! Reread your post.

[michael777]

:icon_conf i am more confused than ever after reading this thread

[Duckstabber]

:icon_conf i am more confused than ever after reading this thread

I think it's pretty straightforward to make offers at Mansion - but after reading this thread I almost feel the same way, Michael! :smoking:

Iceman, just dabble around with $1 offers - can't hurt too much. (If you dabble with higher amounts, let me know when :missingte)

[jeckll]

It's really just as simple as it seems guys. If Mansion has Cleveland at -150 and you want it at -140, you simply click the bet Cleveland button, change the odds from -150 to -140 and submit. The end.

It's not that complicated at all and the procedure for doing it is completely intuitive! Don't overthink it.

[Hitman26]

Hitman,

You start your post by saying you want to offer Cleveland then you explain how to offer LAA.

You have a typo somewhere which makes your explanation incorrect! Reread your post.



Yes, I should have said lets say you want to bet Cleveland -120 in my first sentence.


I stand corrected. My humblest apologies to you, Sir.

[Bluemyboy]

I for one appreciate this info as I have never gone through an exchange and will be pushing my money that direction come foots. I think most of us are pretty smart and we can understand the gist of this thread. It is not too confusing, just need to play with the numbers. Thanks guys.

[Woody0]

Yes, I should have said lets say you want to bet Cleveland -120 in my first sentence.


I stand corrected. My humblest apologies to you, Sir.

No problem. I just thought you had a typo, but it didn't help iceman who seems to have trouble with the concept of acting as bookie, hence I was somewhat harsher than I would normally be. :toast: