Betting exchanges provide the ability to lay any selection in any market imaginable – from win markets, goal (or points), handicaps, player markets and outrights. Simply click the green box of the selection you wish to lay and select its shortest price; your liability will then be calculated using its backer stake at those odds.
Laying a bet
Laying bets is an effective way to maximize profit from matched betting. Similar to trading stocks on an exchange, but using betting odds instead, lay a place a bet seems intimidating at first but it quickly becomes easy once you understand its concept.
Laying is all about finding an unlikely selection – this could be anything from an unlikely team to horses that are too short to back, for instance. If it fails, you will win backer’s stake; otherwise you must cover its winnings (known as your liability).
Your liability can be calculated as the odds of the bet you are offering less their stake, for instance if you lay Arsenal at 1.05 (10/1) your liability would be PS90 (EUR90). Use our lay bet calculator to work out how much to risk!
Laying a horse
Lay bets are a betting strategy based on the theory that some horses tend to lose more often than they win, which makes it a popular technique in horse racing and can be highly profitable when the favorite racer is short-priced. A lay bet can also provide a solution for those unfamiliar with picking winners yet still hoping to make money from betting.
Laying horses requires extensive research. First, select an appropriate race and analyze each horse in it; video form analysis or betting exchange data could also help find horses unlikely to win their respective races. Some punters opt for arbing as another form of betting exchange arbitrage which requires more complicated strategies as well as understanding.
Laying a team
Laying a team involves betting against them to win. You can place a lay bet in any market including goals (or points), handicaps, player markets and outrights. Individual matches can also be laid – for instance if you believe the home team won’t win or draw their match you can lay them with Betfair.
Are You an Enthusiast of Football Looking to Earn Extra Income Through Matched Betting? Matched betting allows fans of football who wish to make some extra cash a strategy of backing results at bookmakers while simultaneously laying them at betting exchanges can generate guaranteed profits.
Successful team laying requires finding reasonable prices. Low liability means risking less than your potential profit, which means it could yield substantial gains if done right. Finding suitable odds could prove lucrative; but to do this successfully requires having an understanding of all risks.
Laying a player
Laying teams can be an excellent way of making money in football, especially if you have confidence that they won’t win outright – for instance if Napoli are likely not going all the way in Champions League, for example, you could lay them outright on match market whereby if they don’t, you will get paid out while losing only your original stake should they succeed in winning it all outright.
Liability is the cornerstone of successful laying. You can ascertain this amount by checking Betfair odds for your selection; generally speaking, longer odds mean more risk and liability.
Reason being, you are betting against your backer; therefore it is crucial that you know how to hedge bets effectively. Players betting the Don’t Pass line often use Lay of Four or Ten as a hedge bet in order to partially mitigate risk in their bet.