Laying bets allow you take the advantage of being the bookmaker. The
easiest way to lay a bet is to join an online betting exchange such
as Betfair.
Once you have opened an account you can search the site for an event
or race you want to lay. Then simple set up a attractive odds to encourage
a punter to use your laying service.
The whole process is monitored by Betfair
making the process of laying bet quite straight forward.
How it works?
When you "back" a team, you are betting that the team will win. When
you "lay" a team, you are acting as bookmaker and offering odds against
them winning. If that team lose, then you pick up the backers stake,
just as a bookmaker would. If they win, then you pay out. You never
know who you are betting against, your privacy and the confidentiality
of your bets is maintained by Betfair's
secure site.
Click
here to visit the Betfair betting exchange
|
MORE INFORMATION IN THIS SECTION
|
LINKS TO UK BETTING SHOPS
|
