Re: Week 4, Day 2
Yes that is correct
I just had 495 pounds on Cleveland at 2.16 with the bookmaker to win
and then laid them to lose at the exchange for the same deal
495 pounds at 2.16
With this bookmaker I make 20% of 495 if Oakland win or if Cleveland win, I win or lose nothing as I win 574.20 at the bookmakers but pay out 574.20 at the exchange.