I want to ask that i bet 0.01 BTC ( suppose thats all the money i have ) on a match and with odds like 42
So liablity will be 0.041 and i loss the bet then how will pay the 0.041 BTC ?
Hello,
Please take in consideration watching our video-tutorial explaning Back and Lay Betting -
https://www.youtube.com/watch?v=32qxAOyVZlUMeanwhile, in order to clarify you, the lay betting works as the following, if the odds are like 42, like you said, and the stake 0.01 BTC, it means that if you selection
doesn't win, you will win the 0.01 BTC, if the selection you have choosen to bet against (lay bet) wins, then, you will lose 0.41 BTC.
When the bet is being placed, only if you have in available balance, the worst case scenario needed-funds, i.e., 0.41 BTC, the bet will placed, because there is the need to assure that the user that is betting against you, receive the odds he is suppose to receive (and this is a back bet with a stake of 0.01 BTC and odds 42, meaning that if this user wins, we will win your 0.41 BTC, and if he lose, you will win his 0.01 BTC stake).
Hope this clarifies you.
If there is anything we can help, please allow us.
Thanks