Cheltenham Festival 2023 Offers

# Back-to-Lay Betting Strategy

While there is always an element of risk involved in betting, there are a number of strategies that you can employ to minimise the risk that you're exposed to, and even to guarantee yourself a profit.

## What is Back-to-Lay Betting?

One such strategy is back-to-lay betting. This is often an in-play betting strategy (although it can be used pre-event if the opportunity presents itself), which involves backing a selection at a relatively high price, then, at a later time, laying the same selection (i.e. betting that it will not happen) to guarantee yourself a return. One of the bets will be successful and it will result in an overall profit or it will help minimise the loss from the losing bet.

Clearly, this is a strategy designed for betting on the exchanges. Bookmakers rarely offer punters the possibility of laying a selection because this is the role that the bookmakers themselves play. However, the exchanges rely on people betting against each other by backing selections and laying selections at varying odds.

With a back-to-lay strategy you’re not necessarily looking for a winning bet, instead you’re searching for a price that’s bigger than you think it should be. When that price shortens, you can take advantage.

## Back-to-Lay in Football Betting

If Manchester city are favourites to win the Premier League, you back them at odds of 3.48. So, a £10 stake will give £34.80 (£24.80 profit) if City do it. A lay bet is backing City to fail. If someone else wins the league, your lay bet wins.

With a lay bet you need to factor in liability. In the above example, City are 3.48 to back and let’s say 3.52 to lay. If you decide to lay City for £10, you will win £10 if a team other than City wins the Premier League. If City are successful though, your liability will be determined by the lay price: (£10 x 3.52) - £10 = £25.20. So, overall you are looking at:

• Back City with a stake of £10 at 3.48 to try and win £24.80
• Lay Arsenal with a liability of £25.20 to try and win £10

## Back-to-Lay Used Pre-Event

This back-to-lay betting strategy can used in almost any sport available on the exchanges, and can even be used pre-event like in horse racing betting. For example, three months before a big horse race, you could back a horse at odds of 20.0. If it were then to win impressively in its final outing before the big race, it would be no surprise to see its odds shorten. You could then potentially lay the same horse at odds of 14.0, for example, locking in a profit before the day of the race even arrives.

To see if you can guarantee yourself a profit on the exchanges, visit Betfair Sports today.

## Recommended Betting Sites

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.
1. 1
Established 2001
2. 2
Established 2001
3. 3
Established 2022
4. 4
Established 2021
5. 5
Established 1929
6. 6
Established 2006
7. 7
Established 2006
8. 8
Established 2022
9. 9
Established 2022
10. 10
Established 2021
11. 11
Established 1946
12. 12
Established 2016
13. 13
Established 2022
14. 14
Established 1997
15. 15
Established 2007
16. 16
Established 2020
17. 17
Established 2009
18. 18
Established 2000
19. 19
Established 2020
20. 20
Established 2023
21. 21
Established 2017
22. 22
Established 2021
23. 23
Established 1999
24. 24
Established 2008
25. 25
Established 2003
26. 26
Established 2022
27. 27
Established 2022
28. 28
Established 2020
29. 29
Established 2021
30. 30
Established 2021
31. 31
Established 2017
32. 32
Established 2022
33. 33
Established 2017
34. 34
Established 2018
35. 35
Established 2017
36. 36
Established 2022
37. 37
Established 2014
38. 38
Established 2018
39. 39
Established 2020
40. 40
Established 2019
41. 41
Established 2022
42. 42
Established 2021
43. 43
Established 2015
44. 44
Established 2021
45. 45
Established 2005