Matchbook lines

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  • guitar711
    SBR High Roller
    • 12-14-08
    • 183

    #1
    Matchbook lines
    Quick question about Matchbook. I've been checking out the lines there and had a question about them. When there is a line posted as follows:

    -150 $200

    Obviously the price is -150, but what is the $200? Is that the max I can bet or the max that I can win (meaning I can put in up to $300)?
  • sdtrader
    SBR Wise Guy
    • 01-23-09
    • 536

    #2
    It means that you someone has made an offer on the other side and you can bet $200 at -150 to make a profit of 133.33 in this case.
    Comment
    • aggie
      SBR High Roller
      • 03-09-06
      • 168

      #3
      all risk at matchbook
      Comment
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