Back And Lay Betting

1. 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.
2. Lay betting is an option on a betting exchange which allows gamblers to play the role of a traditional bookmaker. You set the odds of the bet, and you potentially win the backer’s stake if the selection loses. If the selection wins, you lose the backers stake multiplied by the price of the selection (minus the stake amount).

1. What Is Back And Lay Betting
2. Back And Lay Sports Betting
3. Back And Lay Betting Sites In India

Back and Lay betting All bets at the exchange are divided into Back and Lay bets (back and lay betting). The bet will identify you as a bookmaker or a bettor in the certain wager. Back bets are pretty easy.

Use the Lay Bet Calculator here

• Bet Stake ($)
• Back Odds ($)
• Back Commission
  %
• Lay Odds ($)
• Lay Commission
  %

UNDER LAY

At odds of - you should lay -

What Is Back And Lay Betting

Overall Position if Win -

Overall Position if Lose -

STANDARD MATCH

At odds of - you should lay -

Overall Position if Win -

Overall Position if Lose -

OVER LAY

At odds of - you should lay -

Overall Position if Win -

Overall Position if Lose -

What is a Lay Bet?

Back And Lay Sports Betting

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?

Back And Lay Betting Sites In India

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'.