Staking Mode

[gedcrow]

Hi, I am new to Gruss, just in trial period and am confused by the desciption of Staking modes in the Help Files. Are there any worked example of the 3 staking types anywhere I can have a look at to gain a better understanding??

Thanks
Ged

[GaryRussell]

Make sure verify bets is ticked then click to place a bet using each staking mode. You will see the stake that will be used before placing a bet so you don't need to risk any cash.

[Captain Sensible]

All the staking modes apply to lay bets only.

Stake mode should be quite obvious as it's simply the stake you're willing to lay at those odds.

Liability mode is the amount of money you're willing to risk, i.e. if you enter £100 and the odds are 5 it'll lay a bet of £25, at 11 it'll lay a bet off £10
( remember all decimal odds include backers stake so we take one off the decimal odds when calculating stakes)

Payout mode is similar to liability mode but we include the backers stakes in the liability figure so any stake is simply calculated by dividing the figure you enter by the decimal odds i.e. £100 @ 5's would lay £20 at 11 we'd lay a stake of £9.09. Payout mode is usually used when you're trying to act like a bookmaker laying all runners in the market to try and make an overround book.

[gedcrow]

Thanks Chaps. Simple really when you know.