Back And Lay Betting
- Back And Lay Betting
- Back And Lay Betting Sites
- Back And Lay Betting Sites In India
- Back And Lay Betting Sites
- What Is Back And Lay Betting
Use the Lay Bet Calculator here
Back And Lay Betting
- %
- %
UNDER LAY
At odds of - you should lay -
Betting Exchange Explained: Back and Lay Betting Calculator A betting exchange is a marketplace where the customers bet against each other, instead of betting against the bookmaker. Hence, they can request or offer odds to the other bettors. Generally, when it comes to any operator, a bettor is allowed to make a back bet. To place either a back or lay bet there has to be an event of some sort taking place to be able to bet on. The most common events are sporting events like a football match against two teams. Back bets and lay bets can both be placed on the run up and also during the even taking place.
The liability on this bet is -Overall Position if Win -
Overall Position if Lose -
STANDARD MATCH
At odds of - you should lay -
The liability on this bet is -Overall Position if Win -
Overall Position if Lose -
OVER LAY
At odds of - you should lay -
Back And Lay Betting Sites
The liability on this bet is -Overall Position if Win -
Back And Lay Betting Sites In India
Overall Position if Lose -
Back And Lay Betting Sites
What is a Lay Bet?
A lay bet is a process where, in making 2 separate transactions, a bettor can minimise risk and potentially maximise profit off an original bet. This technique can be used for a variety of reasons, including minimising risk when odds change, or to place qualifying bets with sportsbook in order to receive promotions in the future. All you need in order to use this system is a sportsbook to take your bet and a betting exchange to lay your bet off.
How does the Laybet calculator work?
What Is Back And Lay Betting
Select the qualifying bet or free bet button and then enter your bet amount and odds. To maximise your outcome try to bet on events which have the closest odds at the bookie and exchange, for example betting Arsenal to win a match at 2.15 and laying the same outcome at 2.16 would guarantee only a very small overall loss. Laying the same outcome at 2.09 or lower would guarantee a small profit. When using an exchange you will usually be charged commission on any winnings, so enter that % charge too. If you have already placed a lay bet which covers part of the bet liability, enter the details in the part lay section. After hitting the calculate button you will see 3 sets of numbers. The standard match section will show you how much to lay at the exchange to ensure you come out with the same profit or loss regardless of the outcome of the event. That profit or loss is also calculated and shown as your 'overall position'.