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Article blog
17 Nov 2014

Liability button

Gambling mode :

First of all, here are some examples so you can understand better our new commission system in gambling mode system where from now on a commission will be applied on all placed orders, whether they are winners or losers.

Our basic rate is 3.5% on winning orders and 2.4% on losing orders and can be lowered to 2.8% / 1.2%.

Different examples:

Example 1 :
If you place a back bet of €100 at odds of @3.00 with a commission rate on basis of 3.5% – 2.4%:
– If your bet is winning, your net profit will be —-> (100*(3-1)) – (100*3.5%) = €193
– If your bet is losing, your net loss will be —-> (100 + (100*2.4%)) = €102.4
Example 2 :
If you place a lay bet of €100 at odds of @3.00 with a commission rate on basis of 3.5% – 2.4%:
– If your bet is winning, your net profit will be —-> (100 – (100*3.5%)) = €96.5
– If your bet is losing, your net loss will be —-> (100*(3-1)) + (100*2.4%) = 204.8€
Example 3 :
If you place a back bet of €100 at odds of @2.00 with a commission rate on basis of 3.5% – 2.4%:
– If your bet is winning, your net profit will be —-> (100*(2-1)) – (100*3.5%) = 96.5€
– If your bet is losing, your net loss will be —-> (100 + (100*2.4%)) = 102.40€

Now, thanks to our liability button you can set your potential loss, commission included, just by clicking the button in question (see video below) in order to modify your stake so that your potential loss is €100 net.

Note that the example and the video below were presented with our old rate of 3.6% – 3.1% whereas the basic rate is now 3.5% – 2.40%, but the logic remains the same.

For a back bet of €100 at the odds of @2.00, and by clicking the liability button, your bet of € 100 will be converted into €96.99:
– If your bet is winning, your net proft will be —> (96.99*(2-1)) – (96.99*3.6%) = €93.5
– If your bet is losing, your net loss will be —-> (96.99 + (96.99*3.1%)) = €100



Trading mode :

The trading mode conforms to the current system, the only change is an adjustment of the various levels of generated points and a reduction of the commission’s base at 4.5% 3.4% and can be also be lowered to 2.8% 1.2%.

Example 1 :
If you place a back bet of €100 on a selection A at odds of @3.00 and then you place a lay bet of €200 on this same selection at odds of @1.50, your gross earning will be €100 regardless of the final result.
-Your net profit with a commission rate on basis of 4.5% – 3.4% will be –> (100€- (100*4.5%)) = €95.5
Example 2 :
If you place a back bet of €200 on a selection A at odds of @1.50 and then you place a lay bet of €100 on this same selection at odds of @3.00, your gross loss will be €100 regardless of the final result.
-Your net loss with a commission rate on basis of 4.5% – 3.4% will be –> (100€ + (100*3.4%)) = €103.4

Regarding the liability button, it works the same way as in gambling mode except that commissions are not included, but allows you to set your gross potential losses, for instance when you place a lay bet.

Easysportbet team


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