Guide 1 of 7 · Basics
Decimal odds, back and lay
Goexch shows decimal odds. The number is your total return for each ₹1 staked, and that includes your stake. Odds of 2.50 return ₹2.50 for every ₹1.
On an exchange you can back an outcome to happen or lay it not to happen. When you lay, you take the other side of someone's back bet, so you risk the amount they would win.
Worked example
Back ₹100 at 2.50 and the outcome wins: you get ₹250 back, which is ₹150 profit. Lay ₹100 at 2.50 and the outcome wins: you pay ₹150. If it loses, you keep the ₹100 stake.
Check before you bet
- Read odds as total return, not profit
- Before you lay, work out your liability: stake × (odds − 1)
- Check that your balance covers that liability
