Understanding the trade page
Once you are on the trading page of the market you wish to bet on, you can see the trading grid. If the market is 2-way (like American football ML or an over/under market) then you will only see the "back" side of the grid. This means you are always betting on the selection to win. Purebet looks similar to sportsbooks by only showing the back side of 2-way markets and handling laying bets on the backend. The grid will display up to the top 3 odds available along with the increasing cumulative stake that can be placed at those odds.
An example grid for an Over bet:
| 2.0 | 1.95 | 1.90 | | $20 | $40 | $70 | | $20 | $20 | $30 | A user can stake up to $20 at odds of 2.0 and instantly be matched. Up to $40 could be staked at 1.95 and the first $20 would match at 2.0 then the remaining stake would match at 1.95. A user wishing to stake up to $70 would need to accept odds minimum odds of 1.90 (with the first $40 matching as before) to get instantly matched. A user wishing to bet $50 at odds of 2.0 would submit that order and $20 would instantly match while the remaining $30 would be pending in the orderbook, waiting on a counterparty.
If you are on a 3-way or multi-way market, you will also see the lay side of the grid in red. This means you are betting on that selection NOT to win. The odds displayed are the backer's odds.
An example of the Draw market: Back side Lay side | 3.3 | 3.20 | 3.10 | | 3.4 | 3.50 | 3.60 | | $20 | $40 | $70 | | $10 | $30 | $80 | | $20 | $20 | $30 | | $10 | $20 | $50 | As before, a user wishing to back the Draw to win for $30 would have to accept minimum odds of 3.2, with the first $20 placing at 3.3, then the remaining $10 placing at 3.2. When laying the draw (betting the match WON'T end a draw), the dollar values represent the amount which the layer can risk. The odds represent the backer's odds. Understanding the maths for this can be confusing to new users but our bet slip has plenty of information regarding your total risk, potential returns and profit if your side of the bet wins, and the effective odds if you considered it as a back bet. There is also the option to swap away from the "traditional" lay bet slip to a new style where you define your total risk, rather than the backer's stake.