Lay Betting

One of the distinct advantages of betting online is the flexibility it offers, in particular that of lay betting via a betting exchange. Betting exchanges are completely different from a traditional bookmaker, with bets placed between punters and the betting exchange acting purely as a medium for making the bet possible and usually at a better price than the bookmaker who needs to include his margin. Another advantage of using a betting exchange is the laying systems as well as the more traditional backing. To lay a bet is betting that a win will not occur rather than backing which is betting to win.

Lay betting is increasing in popularity as more and more people are realising that to bet on say which horse in a race will not win is easier than betting on which one will win. If you are familiar with betting at the bookmakers then you will be more used to betting to win, clearly bookmakers like this type of betting because the odds quite frankly are nearly always stacked in the bookmakers favour, and this is how they make money. Clearly then from a bookmakers perspective, lay betting is not by and large in their best interests which is where the betting exchange comes into its own. When you place a lay bet you are effectively acting as a bookmaker, in so much as you will be profiting from those that are backing a horse to win and ultimately lose.

As with other types of betting there are numerous sites offering to assist with your lay betting, ‘subscribe and I will show you how to win’ or suppliers of lay betting software ‘that is going to show you a foolproof method of winning’. It is worth noting that anything on offer out there that appears to be too good to be true most likely is, it is best to research your market and make sure that you are completely au fait with all aspects of lay betting prior to embarking on this system then hopefully you will not need the assistance of these two questionable types of service.