Lay betting can expand possibilities of online betting, it opens new opportunities & betting systems. By placing lay bets punters take the role of a bookmaker. So it may appear that lay betting can guarantee more profits than simple back bets.
Initially to make use of lay betting you require to register at betting exchange. Only betting exchange give option to lay. When you place a lay bet you will lose if your selected choice comes true but win if any other choice except your selected comes true. It is like backing but upside-down. Also profits always stay the same as your amount of stake, but loses are calculated from odds. Literally you take role of bookmaker because for every simple back bet placed there is lay bet placed by bookies.
Lay betting opens new ways of betting. There is great lay betting systems:
Matched Betting
Bet Trading
Advantage of this technique is that it is very risk free like betting arbitrage. Objective of this technique is to clear free bets & bonuses offered by bookmakers. It eliminates possibility to lose by matching bookie & exchange bets. Although this is not a long term profit technique as bookies promotions will run out in the finish, but you can get first rate funds out of this.
This is similar to financial trading, but in lieu of buying funds or shares you use bets. In case you lay at lower & back at higher you can guarantee risk free & only profit outcome. Key here is to foretell movement of odds. Trading can be done pre-match & as well in live matches. In live matches odds are affected by events in a match.
These are most popular lay betting systems. If you are willing to try both I recommend to start with Matched Betting as you can safely build up your bank. & then you can start trading with funds earned from first technique. By doing so you won't risk your own funds.
Initially to make use of lay betting you require to register at betting exchange. Only betting exchange give option to lay. When you place a lay bet you will lose if your selected choice comes true but win if any other choice except your selected comes true. It is like backing but upside-down. Also profits always stay the same as your amount of stake, but loses are calculated from odds. Literally you take role of bookmaker because for every simple back bet placed there is lay bet placed by bookies.
Lay betting opens new ways of betting. There is great lay betting systems:
Matched Betting
Bet Trading
Advantage of this technique is that it is very risk free like betting arbitrage. Objective of this technique is to clear free bets & bonuses offered by bookmakers. It eliminates possibility to lose by matching bookie & exchange bets. Although this is not a long term profit technique as bookies promotions will run out in the finish, but you can get first rate funds out of this.
This is similar to financial trading, but in lieu of buying funds or shares you use bets. In case you lay at lower & back at higher you can guarantee risk free & only profit outcome. Key here is to foretell movement of odds. Trading can be done pre-match & as well in live matches. In live matches odds are affected by events in a match.
These are most popular lay betting systems. If you are willing to try both I recommend to start with Matched Betting as you can safely build up your bank. & then you can start trading with funds earned from first technique. By doing so you won't risk your own funds.
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