The difference between a lay and back bet
The difference between a lay and back bet
A lay and back bet is a type of wager that is popular among sports bettors. It involves betting on the outcome of an event, such as a football match or horse race, with one person ‘laying’ (betting against) and another ‘backing’ (betting for).
The two parties agree on the stake and the odds before placing their bets. If the person who lays loses, they must pay out to the other party according to the agreed odds. Conversely, if the person who backs loses, they must pay out to the other party. Lay and back bets are a great way for bettors to hedge their bets and increase their chances of winning.
Using a matched betting strategy you can guarantee profit
Matched betting is a revolutionary way of making money online. It involves taking advantage of free bets from bookmakers to generate guaranteed profits, regardless of the outcome of an event. With this strategy, you can make a steady income without any risk. The process is simple and straightforward; all you need is some basic knowledge about how bookmakers work and some experience in placing lay and back bets via Betfair.
Share Or Read More
