Lay Betting Strategy

Lay Betting Strategy

From the moment betting shops became legal in the UK in 1961, gambling enjoyed slow and limited development for a whole 25 years. For example, it was only in the late 1980’s when shops were allowed to broadcast pictures of live races for the first time - that was a big stepping stone.

By the early 1990’s people could finally place single bets on football – there was a ‘minimum trebles’ rule beforehand – and in 1992, the first Sunday race meeting took place, albeit the betting shops were still closed on the "Holy Day" and no bookmakers were allowed on course.

Thankfully progress has been a lot quicker during the past 25 years, and now you cannot only bet 24/7 online, but also using a plethora of different methods: Line betting, spread betting, point spreads and others compliment old-fashioned win and each-way options.

Thankfully progress movement has been a lot quicker during the past 25 years, and now you cannot only bet 24/7 online, but also using a plethora of different methods: Line betting, spread betting, point spreads and others compliment old-fashioned win and each-way options.

However, it was the introduction of Betting Exchanges in the early 2000’s which turned gambling on its head as, for the first time, punters could play bookmaker and lay bets. In effect, by laying a bet, you are backing something to lose.

This new-fangled betting medium opened the doors for betting strategies that many had never previously considered.


Arbitrage

Once such example is arbitrage betting. A familiar term in trading the stock markets, ‘arbitrage’ is described as the “simultaneous purchase and sale of an asset to profit from an imbalance in the price”.

Unlike the stock markets, in the world of gambling ‘an asset’ is the price of a horse, football team or athlete and so to employ this strategy in betting your quest is to back a selection at a bigger price than you can lay it elsewhere.

An example of what arbitrage players look for and how they profit from it:

  • Place a £/€100 win bet on a selection priced 2/1
  • Also place a £/€110 lay bet on the same selection at 2.74 (7/4 in fractional odds) on a betting exchange – this will have a potential ‘loss’ of £/€191.40**
  • If the selection wins the profit from the win bet, will be £/€200, but there will be a £/€191.40 loss from your ‘lay bet’. Nevertheless the clear profit will be £/€8.60.
  • If the selection loses you will lose your £/€100 win bet but collect £/€110 in profits from your place lay meaning you will also profit, by £/€10.

Merits Of Arbitrage

The upside to arbitrage is a no risk guaranteed profit.

Pitfalls Of Arbitrage

However, there can be a downside and that is the potential for either the back or lay price to vanish before you have completed both trades. And, in the world of gambling, prices do move quickly.


Curve Betting

Another lay betting strategy which is very similar to arbitrage and uses stock market principles is ‘curve chasing’. This is where you predict market moves and use potential price changes to profit.

Using the example of in horse racing betting, you might see a runner which is shortening in price during the hours leading up to the start of the race. Clearly subject of an early gamble by someone in the know you may back this horse in the belief its price will shorten further as race time approaches.

As with arbitrage the knack to curve betting is timing and successfully laying a selection at a shorter price than you have backed it. This type of betting is purely orbited around events before a race start or game kick-off and, if done successfully, the outcome of the event will have no bearing on your ability to win.

If you wish to explore curve betting further be mindful of the dramatic effect which team sheets can have on a betting market. Should a manager elect to bench many of his key players for a match, this weakened team will normally drift in price. Should his star players all be on the starting team-sheet usually an immediate rush of punters money sees their price quickly shorten.

In-Running Lays

Curve betting is an example of ‘bet to lay’ pre-race or pre-match, but you can also place lay bets during a race or game and, once again, use a judgement strategy to profit.

Form students in horse racing will always have a pretty good idea of which horses tend to race prominently and may set out to make the early running. Stats overwhelmingly show that horses which lead or race prominently normally trade at a shorter price ‘in running’ than their starting price (SP).

In running bet-to-lay strategies may not only be restricted to horses which like to front-run. There are countless ‘rogue horses’ which travel supremely and appear to be cantering over their rivals.

At this stage their prices always lessens dramatically, but wily video form students have a lists of quirky or ingenuine horses which find no improvement when their jockey ask for it and they quickly go from looking like a winner to rapidly back-peddling - not before shrewd lay betting strategists have traded themselves a profit.

Consolidation

Lay betting options are a great weapon for punters to have in their armoury and they are not simply restricted to betting exchanges. More and more traditional online sportsbooks, are offering markets on horses ‘not to win’.

With so much going on, it is easy to forget one of the fundamental advantages of lay betting: The ability to ensure profits on multiple bets or limit losses on wagers which are not going to plan.

Finding yourself staring at a handsome profit should the third leg of a treble win but mindful you could suffer a total loss if that final selection were to lose, a betting strategy whereby you lay your final selection to lose is a sure-fire way to ensure a return.

That ‘return’ could be saving your stakes, ensuring a small profit, big profit, or neutralising your bet whereby success or defeat for that final selection would result in an equal financial return.

Of course this is akin to another relatively new betting innovation, ‘cash out’. But taking it upon yourself to place your lay bets against potential winnings invariably represents better value and proves more profitable than simply cashing-out bets, in-part or in-full, as a bulk-standard ‘cash out’ offering.

Now you know more about Lay Betting Strategies, check out our recommended best betting exchange sites today!

Recommended Betting Sites

shield of trust Secure trusted partners Trusted star verified Verified
Bell Icon
Affiliate Disclosure: At Gambling.com, we want to ensure that players are matched with the right casino and sportsbook offers for them. For this reason, some of the recommended site links are affiliate links. This means that if you visit a website through our link and make a deposit, Gambling.com will receive a commission payment at no extra cost to you. At Gambling.com, we want to ensure that players are matched with the right casino and sportsbook offers for them. For this reason, some of the recommended site links are affiliate links. More
  1. 1
    Casinoly Sports
    Established 2021
    More Details
    100% Up To $150
    Big Selection of Esports Leagues
    All Major Leagues Around the World Covered
    Acca Boost for Higher Profits
    Promo Code
    The code required to claim a sign-up bonus (if any)
    not required
    Min Deposit
    20
    Acca Insurance
    Refund or free bet when one selection in an accumulator lets the bet down
    No
    Live Streaming
    Is there live streaming of sporting events?
    Yes
    In-Play Betting
    The number of sports with in-play betting available
    11
    Bet Builder
    Can you create your own personalised bets?
    No
    With its unique Ancient Rome theme, Casinoly sets itself apart. The brand is a dual operator offering casino and sportsbook. It features a huge collection of sports betting options.
  2. 2
    Greatwin Sports
    Established 2022
    More Details
    100% Up To $150
    Regular Bettor Tournaments
    Cashback & Acca Boost Promotions
    Competitive Odds & Extensive Sports Selection
    Promo Code
    The code required to claim a sign-up bonus (if any)
    not required
    Min Deposit
    20
    Acca Insurance
    Refund or free bet when one selection in an accumulator lets the bet down
    Yes
    Live Streaming
    Is there live streaming of sporting events?
    No
    In-Play Betting
    The number of sports with in-play betting available
    11
    Bet Builder
    Can you create your own personalised bets?
    Yes
    GreatWin features a polished design that let's its users easily focus on broad selection of available sports. The platform offers competitive odds, but it stands out with ongoing promotions such as acca boosts. Players can also explore the casino section for more fun.
  3. 3
    20Bet Sports
    Established 2020
    More Details
    100% up to C$150 for your first deposit
    Regular Bettor Tournaments
    Forecast Betting
    Bettor Hall of Fame
    Promo Code
    The code required to claim a sign-up bonus (if any)
    not required
    Min Deposit
    10
    Acca Insurance
    Refund or free bet when one selection in an accumulator lets the bet down
    No
    Live Streaming
    Is there live streaming of sporting events?
    No
    In-Play Betting
    The number of sports with in-play betting available
    13
    Bet Builder
    Can you create your own personalised bets?
    No
    20Bet wants to amaze bettors with several interesting features. Users will find hall of fame and regular tournaments appealing. They'll be able to compete with others to stay at the top.
  4. 4
    Powbet Sports
    Established 2020
    More Details
    100% Up To $150
    Regular Tournament Leagues
    Weekly Acca Rewards & Boosts
    Bet Builder Feature
    Promo Code
    The code required to claim a sign-up bonus (if any)
    not required
    Min Deposit
    10
    Acca Insurance
    Refund or free bet when one selection in an accumulator lets the bet down
    No
    Live Streaming
    Is there live streaming of sporting events?
    No
    In-Play Betting
    The number of sports with in-play betting available
    15
    Bet Builder
    Can you create your own personalised bets?
    No
    Powbet sportsbook run a distinctive theme with a unique design. The platform comes with all the features and rewards that newcomers and experience bettors will appreciate, some of which are bet builder, acca boosts and regular tournaments.
  5. 5
    Royal Panda Sports
    Established 2014
    More Details
    Royal Panda's 50% Matched Free Bet up to $50
    Broad Coverage of Live Events
    Cute Panda Theme
    Weekly Profit Boost for Sports Betting
    Promo Code
    The code required to claim a sign-up bonus (if any)
    not required
    Min Deposit
    10
    Acca Insurance
    Refund or free bet when one selection in an accumulator lets the bet down
    No
    Live Streaming
    Is there live streaming of sporting events?
    Yes
    In-Play Betting
    The number of sports with in-play betting available
    39
    Bet Builder
    Can you create your own personalised bets?
    No
    Royal Panda might be known for it's world-class casino, but the brand also offers a panda themed sportsbook. Players can enjoy profit boosts by placing several bets on a single slip.
  6. 6
    Leo Vegas Sports
    Established 2016
    More Details
    Deposit C$300, Get C$300 in Free Bets
    Mobile First Betting Interface
    Leo King' Sports Prediction Game
    24/7 Customer Service
    Promo Code
    The code required to claim a sign-up bonus (if any)
    not required
    Min Deposit
    10
    Acca Insurance
    Refund or free bet when one selection in an accumulator lets the bet down
    No
    Live Streaming
    Is there live streaming of sporting events?
    No
    In-Play Betting
    The number of sports with in-play betting available
    34
    Bet Builder
    Can you create your own personalised bets?
    Yes
    Leo Vegas Sports is the sportsbook from this multi-award-winning casino operator, with a focus on mobile users - including a sport betting app for Android & iOS Devices.
  7. 7
    Guts Sports
    Established 2013
    More Details
    Deposit C$100, Get C$100 in Free Bets
    Tennis Betting Leaderboard
    Big Selection of Popular Sports
    Clean Design for Smooth Navigation
    Promo Code
    The code required to claim a sign-up bonus (if any)
    not required
    Min Deposit
    10
    Acca Insurance
    Refund or free bet when one selection in an accumulator lets the bet down
    No
    Live Streaming
    Is there live streaming of sporting events?
    No
    In-Play Betting
    The number of sports with in-play betting available
    32
    Bet Builder
    Can you create your own personalised bets?
    No
    Guts is a great platform where sports betting enthusiasts will find everything they need. Plus, they can play casino games and poker if they like to.
  8. 8
    mr.play Sports
    Established 2017
    More Details
    100% Up to C$200
    Dual Sportsbook & Casino Platform
    Distinctive ‘Moustache’ Branding
    ‘PlayBoost’ Accumulator Boosts
    Promo Code
    The code required to claim a sign-up bonus (if any)
    not required
    Min Deposit
    10
    Acca Insurance
    Refund or free bet when one selection in an accumulator lets the bet down
    No
    Live Streaming
    Is there live streaming of sporting events?
    No
    In-Play Betting
    The number of sports with in-play betting available
    32
    Bet Builder
    Can you create your own personalised bets?
    No
    Mr.Play Sports has a fun style of its very own, with a memorable handlebar 'tache wherever you look, but it boasts a serious amount of betting markets, plus Premier League & 'Euro Elite' betting battle tournaments.
  9. 9
    BetVictor Sports
    Established 2000
    More Details
    It's Your Best Bet with BetVictor
    Long Established UK Bookmaker
    Regular Bet Boosts
    Use Bet Builder to Make Custom Bets
    Promo Code
    The code required to claim a sign-up bonus (if any)
    not required
    Min Deposit
    10
    Acca Insurance
    Refund or free bet when one selection in an accumulator lets the bet down
    No
    Live Streaming
    Is there live streaming of sporting events?
    Yes
    In-Play Betting
    The number of sports with in-play betting available
    33
    Bet Builder
    Can you create your own personalised bets?
    Yes
    BetVictor is named after founder Victor Chandler (known as the 'Gentleman Bookmaker') and they boast superstar jockey Rachael Blackmore, plus football legends Michael Owen and Harry Redknapp amongst their brand ambassadors and betting experts.
  10. 10
    Fezbet Sport
    Established 2021
    More Details
    100% First Deposit Bonus up to $150
    Ongoing Promos Including Acca Boost & Cashback
    Huge Selection of Sports Betting Options
    Dual Casino & Sportsbook Operator
    Promo Code
    The code required to claim a sign-up bonus (if any)
    not required
    Min Deposit
    30
    Acca Insurance
    Refund or free bet when one selection in an accumulator lets the bet down
    Yes
    Live Streaming
    Is there live streaming of sporting events?
    No
    In-Play Betting
    The number of sports with in-play betting available
    35
    Bet Builder
    Can you create your own personalised bets?
    Yes
    FEZbet features a distinctive layout that makes platform easy to navigate on both desktop on mobile platforms. Bettors will find a big selection of sports available alongside several ongoing promotions.
×