Combined liability in matched betting is a great way of placing various lay bets on the betting exchange which have a larger total accumulative liability than what is contained within your exchange balance.
Combined liability is a great technique to use when it comes to horse racing extra places along with completing various matched betting welcome offers at the same time, useful for matched bettors with a smaller bankroll.
Video Guide
What Is Combined Liability
Combined liability allows us to place lay bets on the same market which have a larger accumulative liability than what is contained within our betting exchange balance, this is possible due to the fact that the betting exchange knows that only one outcome can occur within a market.
Let’s use the below example displayed in the image, in this race I layed two different horses, the first of which was Hayyel, this runner had a liability of £1322.15.
The second horse that I layed in the race was Tauran Shaman, the liability on this runner was £1053.17.
Added together these liabilities totalled £2375.32.
Initially this would appear to present a problem for me as my betting exchange balance was just £1400, however, I successfully managed to place both of these lay bets irrespective of the fact that my balance on the exchange was less than the total accumulative liability on both of my lay bets, this was possible by using combined liability.
To break this down let’s say Hayyel wins the horse race, as I have bet against this horse by laying it I would lose the liability that I had associated with that lay bet which was £1322.15.
Of course, if I was to lose my liability on Hayyel as that horse won the race it would be impossible for me to lose the liability on Tauran Shaman as two horses cant win the same race.
In this example, Tauran Shaman’s liability would be returned to my balance along with its lay stake as a profit.
Next, let’s say Tauran Shaman wins the race and therefore I lose my liability of £1053.17 on this runner, of course this means that Hayyel cant win the race and therefore my liability on that runner (£1322.15) can be returned to my balance along with the lay stake on that bet as profit.
As you can see there is no need for the exchange to take the liabilities on both these runners when I place my bets before the start of the race as only one could possibly win.
Only the horse which has the largest liability will be taken from your balance by the betting exchange, in my case my largest liability was Hayyel therefore the exchange took £1322.15 from my balance leaving me with a remaining balance of £77.85 from my initial £1400.
Combined Liability On Extra Place Markets
Combined liability in place markets on the betting exchange works slightly different to the standard win markets although the concept is exactly the same.
This time the place market that you are laying in represents how many horses liabilities you will be required to combine, if the market is 4 places this is the number of liabilities that will need to be combined.
Only the top four liabilities that I have need to be added together and combined, any further lay bets that I place in this place market after this arent taken for my balance by the exchange as it is only possible for 4 horses to place.
