# 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

Secure Trusted Verified
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. Place £10, Get £40 in Free Bets + £10 on Casino
Promo Code: 10FREE

2. Bet £10 Get £30 in Free Bets

3. Get up to £100 in Bet Credits!

4. Bet £10 and Get £10 Welcome Offer

5. Welcome Bonus Bet £10 Get £20

6. Deposit £10 Get £10 Free Bet

18+ New Players only. For free bet wagering requirements and minimum odds read T&C’s. www.begambleaware.org Terms Apply New players only. Free Bet is a one-time stake of £10, minimum odds of 1.5, stake is not returned. 10X wagering the winnings. Wagering occurs from real balance first. Wagering requirement is calculated on bonus bets only, wagering starts from real funds. Max conversion: £20. Valid for 7 days from issue. Excluded Skrill deposits. 18+. Play Responsibly www.begambleaware.org.
7. EXCLUSIVE: Bet £15, Get £10

8. Bet £10 Get £20

18+ New Players only. For free bet wagering requirements and minimum odds read T&C’s. www.begambleaware.org Terms Apply The Promotion operates as a £/€20 Surprise Bet when you place a bet of at least £/€10 on any market with odds greater than or equal to 1.50 as your first bet. The Promotion runs from 09/08/2021 / 12:00 (BST) until 31/12/2021 / 12:00 (BST) (the “Promotional Period”). The Promotion is only valid to: (a) new customers; (b) customers aged 18 years or over. To qualify for the Promotion, participant must deposit and place a £/€10 bet as their first bet on any market (excluding each way) in the sportsbook with odds greater than or equal to 1.50. Only original odds count toward the promotion. Supercharged odds do not count towards the promotion. An accumulation of smaller stakes will not count. Cashed out bets do not count towards this promotion. Only available once per customer. Rewards will be credited to qualifying participants within 48 hours after placing the qualifying bet. Potential winnings from the Surprise Bet are paid in withdrawable cash, excluding the stake. This offer cannot be used in conjunction with any other offer.