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Lay betting odds explained

lay betting odds explained

Lay betting is a form of betting offered by a betting exchange whereby the bettor can back an outcome to lose. A lay bet will be successful if the selected. In simplistic terms to lay a bet means to take somebody else's bet. It's the opposing side of a traditional bet. So if we were to say “. If you're after a quick answer then, essentially, a lay bet is betting that something doesn't happen. Let's take the upcoming Premier League. UNDER 19 CRICKET WORLD CUP BETTING ODDS

This is why most lay bets are made on favorites. If your gut is telling you a major favorite like Napoli is going to get knocked out earlier than expected, laying should be your choice. Apart from laying on outrights, you can also lay bets in individual matches. You can bet that one of the three potential outcomes will not happen, namely home win, away win, or draw. Considering that Napoli are famously tough at home, you might wish to back them not to lose. If this is your choice, you have two options before you.

The trouble is that the bookies have no intention of giving away their money, hence, the odds on your selection are not going to be too attractive. Instead, a much more profitable option would be to lay Red Bull Salzburg at a betting exchange. The odds in question are the ones those backing this team are getting. You do have the freedom to choose how much money you want to win, which can be higher or lower than the amount backers have already placed. If you go with the figure you see below the odds or a smaller one, your bet will be instantly matched.

But, if you want to get bigger profits, you will have to wait until a backer matches your bet. The reason? In the world of betting exchanges, the word liability refers to the amount of money a layer potentially has to pay out to the backer or backers. So, if Red Bull Salzburg did manage to win this game, we would have to pay out a total of nearly 1. Although this method can be pretty profitable, it does come with a risk. After all, backing and laying is just another form of betting.

The second method is matched betting, which guarantees profits, but it does require a little more effort. What is Sports Trading? It differs from one exchange to another, plus, some exchanges have different commission rules. The good news is that there is a way to ensure your profit.

All you need is a little bit of luck at the beginning of the game. If Red Bull Salzburg manages to get a lead early on, the odds on them are going to drop. At the same time, the odds against them are going to go up. And that means that laying Red Bull Salzburg is going to make guaranteed profit.

If the odds on the lay are 4. What is Matched Betting? Matched betting is pretty similar to trading, the main difference being that profits are guaranteed. How this is achieved is by taking advantage of sportsbook bonuses. Sports betting is a competitive business, which is why sportsbooks have to come up with ways to attract customers. And these deals usually come in the form of match deposit bonuses.

You can use that bonus to make money through a betting technique called matched betting. What you need to do is use the bonus funds to place a bet, backing a certain outcome at a sportsbook. And the best thing is that there are ways to boost your profits even more.

The offered Lay odds will then be matched with a bettor who believes that event will happen otherwise known as the backer , who is happy with the odds that you have offered for that outcome, and will therefore match your bet. There are two sides to every bet when you play on the Betfair Exchange. When you place a back bet you are betting on an outcome to happen, whereas if you place a lay bet, you are betting on an outcome not to happen — in opposition to the back bettors.

Typically, bookmakers represent the lay side of a bet, so they will offer customers odds which they are willing to lay. However, on the Exchange, customers can play the role of both back and lay bettors themselves, meaning you will be 'matching' bets with fellow bettors, rather than a bookmaker.

If you are placing a back bet that means you are putting your money on something to happen - a horse or a team or a player to win, for example. Placing a Lay bet means you are betting on something not to happen - for example, if you lay a football team to win your bet will be settled as a winner if the team loses or if the game ends in a draw - so two outcomes are playing in your favour.

How to place a lay bet 1. Find the market you want to bet on 2. Select the event 3. Select the pink box to place a lay bet 4.

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Your returns are calculated off both of these factors. In lay betting you are effectively acting as the bookmaker. There is some key terminology to understand here though. Your stake in a lay bet is what actually becomes your winnings. It should not be confused with the amount you are risking. Then, finally, there is the liability. The good thing with the exchange though is that you can change your odds to suit. Is Lay Betting Worth the Risk? There are two things at play here that need to be considered.

The final point is perhaps the most important. The draw is now covered too. If, however, you revert back to the betting exchange and lay Burnley at the more generous odds of But the big question is: how much will the Layer pay out on an Everton win? To work this out, you simply use the formula below: Stake x DecimalOdds You always subtract the 1 from the odds because you only have to pay winning punters their profits — not their stake as well.

Rather than calculating your Lay bets manually, I recommend using an online Lay calculator. Lose the liability, which can be greater than the stake Layed when the odds agreed are above 2. The process of Laying is identical to Bookmakers who sell odds to the public.

Lay prices are always in pink on Betfair and most exchanges, actually. The best lowest Lay odds for Huddersfield are currently The stake is matched with other Betfair users who want to Back Huddersfield at that price, on a first come first serve basis. The exact same principle applies to other peer-to-peer betting sites and apps.

Placing Lay bets is essential if you want to earn risk-free profits from Matched Betting. So how can you limit your liability? Always shop around at different betting exchanges for the best lowest Lay odds.

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