A lot of people prefer to lay at odds-on as liability is reduced. For example, if you lay a bet at 1.5 1/2 for £10 you are liable for £5 and will win £10 if the bet lands. Lay betting is an option on exchanges like Betfair where bettors can play the role of the bookmaker and back something not to happen. Punters offer odds to sell a bet instead of to back a bet. It is one component of matched betting, where punters both back and sell bets on the same game to guarantee a win.. When you lay a bet, you are betting on something to not happen Below the odds is a number that shows the amount of money waiting to get matched. The pink boxes show the odds for layers. The pink column closest to the center are the unmatched lay bets, with the amount of money waiting to be matched directly below. Can you choose your own odds? Yes. Members of Betfair can ask for the odds they want. As you can see by the odds offered on Betfair, England are the favourites to win this match. In case you don't know already, the back odds on Betfair are listed in blue, while the lay odds are coloured in a rather fetching shade of pink. With back odds of 1.79, you would win £7.90 for every £10 you choose to stake (less commission). Lay at the Lowest Odds Possible. Remember that as the Backer you must always try to bet at the highest possible odds to maximise your value — thereby reducing the Bookies’ edge.So on the flip side, where you’re acting as the Bookie, you want the lowest odds possible on your Lay bets.. Always shop around at different betting exchanges for the best (lowest) Lay odds. The football laying odds are the following on the betting exchange:- Home Team 5/2, The Tie/Draw 2/1, Away Team 5/2. Here's how betting exchanges make lay betting possible with the betting system odds for a draw result of 2/1:- This example shows Betfair odds for the draw of 2/1, let's say you decide to lay the result of the game ending in a draw for £10 then... Lay betting explained. You’ll often see people asking what lay betting is. On first impressions, it can look complex – but it really isn’t. A simplistic way to think about it, is that when you place a lay bet on a selection, you are betting on it not to win.. This is a particularly relevant bet to make in a market that has 3 or more selections. The Betfair Exchange is the world's largest sports betting exchange. It follows the model of a stock exchange, but replacing share trading with betting odds on events in the world of sport Using the Betfair Exchange to make money. Matched betting is a way to extract money from bookies’ promotional offers. Place a back bet at a bookmaker and the opposing lay bet at an exchange. You don’t think West Coast can win the Premiership and the current Lay odds are $8.00. You enter a stake of $10.00. This means that someone on the other side is placing a $10 BACK bet at odds of $8.00. In this scenario, your liability is $70, calculated by Lay odds ($8) x backer’s stake ($10) – backer’s stake ($10).
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http:/sportstrading.guru - Using betting exchanges such as the Betfair exchange means you can place lay bets as well as back bets on sports. In football (soc... Watch live proof of winning betfair bets now at http://www.exactsports.info/sportstradingguru and get started learning how to place lay bets on Betfair and w... What is a lay bet? We have the answers to your questions. In this video, we explain what lay betting is and how it makes matched betting possible. For other ... http://longshotking.com Make an automatic second income for life using Betfair bot strategies like this one! Visit https://www.betfairstrategy.com/ In this video I lay the favourite... See full explanation here https://caanberry.com/sports-trading/A short clip explaining how Betfair users can use the on-line betting exchanges to profit cons... Here is a really simple example of a trade you can do in-running on racing.This back to lay trade is explained in detail and using small stakes so you can re... On the Betfair Exchange, you can set your own odds. This video explains how it is done. For more detail, check out our how-to article https://betting.betfair...
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