Lay odds = Back odds / (Back odds -1)
Lay betting is available with all betting exchanges. Betfair is the world’s largest betting exchange and therefore has more liquid markets and provides greater availability of lay betting opportunities.
Lay betting allows you to ‘be the bookie’. Rather than backing a selection to win, lay betting enables you to bet on something to not happen.
When placing a back bet, you can never lose more than your stake. However, when you lay a bet, the liability can be a lot more than your stake and you must be fully aware of the risk before placing your bet.
In the Premier League example, Man City are 1.73 to back and 1.74 to lay.
If you decide to lay Man City for a stake of £10, you will win £10 if any other team but Man City wins the Premier League.
Backing and laying are simply opposites:
The example shows the market for A tennis match between Djokovic and Nadal. The back odds are in blue and the lay odds in pink. The darker pink cell shows the lay bet. The bet is to lay Djokovic to win the match meaning that we believe that he will not win. The cost of putting on the bet per $1 is 63 cents. If the lay bet is successful and Djokovic loses, the bet will return $1. If the lay bet is not successful and Djokovic wins the match, the bettor will lose 63 cents.
Lay-vedon asettaminen on mahdollista vain vedonvälityspalvelussa (Exchange Betting) kuten Orbit Exchange, betfair tai betdaq. Olen tehnyt .
Nämä alustat ovat välittäjiä, jotka järjestävät kertoimien ostot ja myynnit, eräänlainen urheilukertoimien markkinapaikka. Voit asettaa back-vedon eli ostaa kertoimen kuten perinteisellä vedonvälittäjällä, tai myydä sen lay-vedolla.
A lay bet is a bet that something will not happen, in contrast to a back bet, which is a bet that something will happen. You could think of it as the opposite of a regular back bet.
In surebets you might often notice bets marked as "lay" from betting exchanges, e.g. Betfair. Their odds have been converted according to the above-given formula. The original lay odds are displayed a bit below in a small gray print.
Remember, Betfair also charge a small commission on winning bets.
Lay betting provides bettors with a unique opportunity on betting exchanges such as Betfair and Matchbook, enabling bettors to act as bookmakers by backing the outcome of something not happening. Unlike traditional betting, punters offer odds to sell a bet rather than backing it.
Mitä ne back- ja lay-sarakkeet ovat?
Liability is an important concept to understand when learning about lay betting. When you conventionally back a horse to win, the amount of money you can lose is your stake. I.e. if you bet £10 on a horse to win and it comes 3rd, it is only £10 you can lose. This is different in lay betting.
How To: Lay Betting | Learn About Lay Betting | Betfair Hub
Lay betting is not available with all as it is not possible to place a lay bet with a bookmaker and bet that an outcome will not happen. Only betting exchanges allow you to place lay bets. The recommended betting exchange is Betfair because the liquidity is so good meaning that if you want to place lay bets, you do not have to pay such a premium (higher odds) to do so.
Opas lay-vedonlyöntiin aloittelijoille
Onnistuaksesi lay-vedonlyönnissä on olennaista hallita likviditeettiäsi tehokkaasti. Avain on tasapainottaa varasi kattamaan mahdolliset vastuusi. Esimerkiksi asettaessasi edellä mainitun lay-vedon 300 €:n vastuulla sinun on varmistettava, että sinulla on riittävästi varoja kattamaan tämä summa tappion sattuessa. Tämä tarkka hallinta minimoi riskit ja optimoi tuottosi.
Vedonlyöntipörssi: Lay-veto eli vastaveto ..
For example, in an upcoming match between Manchester United and Chelsea, your friend might say, ‘I bet you £10 that Chelsea win.’ If you take their bet, you have effectively placed a lay bet. Any outcome other than a win for Chelsea - i.e. a win for Manchester United or a draw - would result in your winning your lay bet. Laying a bet therefore allows you to cover all outcomes other than a win (in contrast to placing a back bet on a team’s opponents, which wouldn’t allow for a draw).
To lay a bet simply means you are backing something not to happen
Just as you stand to lose your stake when backing Man City, a lay bet is opposite so you win your stake if Man City don't become champions.
If Man City do go on to lift the trophy, your liability will be determined by the lay price and, again, it's the opposite of backing.
In this case, it would be (£10 x 1.74) - £10 = £7.40
Back and Lay Betting Explained for Beginners | Goal Profits
Lay betting is essentially the opposite of normal sports betting. In traditional betting, which is referred to as 'back betting', you bet on an outcome to happen, such as a team winning, or a specific score - this is the side of the bet that 'backs' the outcome. With lay betting, however, you are betting on the opposite outcome, betting against the team winning, or against a specific score, which is the side of the bet that 'lays' the outcome.
What is the meaning of lay and back in betting
On Betfair, back odds are displayed in blue and lay odds are pink.
In this example, Man City are the current favourites to win the Premier League with back odds of 1.73. This means that if you back Man City with a £10 stake, your return will be £17.30 (£7.30 profit) if they go on to win the title.
A lay bet is the exact opposite, so you are betting on something not to happen.
If you lay Man City, you are betting on them not to win the Premier League.