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So be careful about how much you decide to lay. Your 'liability' is the amount you could lose in your worst-case scenario. Your return for a win is effectively your stake minus commission.

After placing a bet

A lot of people prefer to lay at odds-on as liability is reduced. For example, if you lay a bet at [1.

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Ensure you monitor how much you are liable for and be very watchful of where you put the decimal point. If you want to lay a bet at [4. This is a straightforward process typically involving the following steps: register personal details; register account details username and password ; add payment method s ; then finally deposit and commence betting.

See our betting page for bookmaker comparisons and full reviews of the many corporate bookies Once you've signed up with your preferred bookie s , all that's left to do is deposit funds and start punting. Placing a bet is then as simple as following the menus until you arrive at your desired event. Once there, choose your bet type and select or fill in the relevant fields.

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How to place a bet: A step-by-step guide

You will then be required to specify your outlay before submitting the bet. Be sure to review your bet voucher and make sure it's all correct before confirming the bet.

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At betting outlets and pub-TABs Placing a bet at a betting outlet or pubTAB is easily done as there is no shortage of bricks-and-mortar venues on offer. Betting with bet slips: You will find a range of bet slips available on counters throughout both betting outlets and pub-TAB's. Follow the on-screen prompts until you have arrived at your desired event page.

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EBT's accept only notes and scannable betting vouchers attendants will exchange your cash for a voucher upon request. Once you have credit in the machine a balance will appear down the bottom of the screen. Bet Settlement 7. Ante-Post Betting 7. Each Way Terms 7.

Related Contingencies 7. Forecasts 7. Tricasts 7.

How to decide about the right time for placing a bet?

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