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When you conventionally back a horse to win, the amount of money you can lose is your stake. Think of yourself as the bookmaker. If you lose your bet, the bookmaker keeps your stake. If you win, then the bookmaker has to pay out your winnings. It can be a lot more than your original stake. This is same as laying a bet. If the selection does win, you have to pay out the winnings.
That potential payout is known as your liability. It how much you need to pay out if you lose your bet. The horse is priced at 3. If the horse wins the race, then your liability is equal to the winnings for the backer. The horse is priced at 5. We wanted to put in this example since it shows how liability can quickly grow. At odds of For example, say you back Newcastle at 8.
During the game, they take a surprise lead. The odds for Newcastle to win this game shorten. By laying the same bet as you back, you are betting both on it to happen, and for it not happen. Because the odds have got shorter, you are guaranteed profit for doing so. This is similar to cashing out your bet earlier.
Laying off your bet allows you to take reduced, but guaranteed winnings. Matched betting is legal in the United Kingdom. Just be sure to only use sites that are certified with the UK Gambling Commission. All of the sites we recommend follow the criteria. When you lay a bet, you are betting on something to not happen. However, if it wins then you pay the winnings. You are betting FOR something.
If you bet 10 Euros on Manchester United you win the amount of your stake times the odds. In this example figure 2 : 10 Euros x 1. The only difference to a regular sports bet is that your bet is not against the book-maker but against another betting exchange-user who has bet on a different outcome of the game in question.
Additionally, as you see in Figure 1, the provider set a ceiling amount which you cannot over bet. If you lose your bet you do not have to pay any commission. To be exact, in this scenario you will hold the position of a book-maker. Here in Figure 3, you see how you set the odds you want to offer and also the maximum amount a so called Backer your counterpart who buys your bet can bet. Before you place a bet you can check the Premier League fixtures and results to see who is matching up.
So now you sell your bet for 10 Euros at odds of 1. This means your betting account looks like this see also in figure 5 :. As you can see, there are more betting strategies than just the common bet against the book-maker. In the German Bundesliga or Premier League Market you will always find enough people who will back or lay your bets. To build a successful betting concept, it is essential to invest a little bit of time to fully understand the betting market.
To conclude, we want to show you another strategy which can prove very fruitful, if it is done right. To begin with, this strategy is not really for beginners. It takes a certain comprehension of the betting market and also the field e. But this is how it works: first you search for a game in which you expect a goal within the first half.
So you compare earlier games of those teams and check if the teams are prone to scoring a goal in the first 45 minutes, or if one team is the favourite. So you bet that either Team A or Team B wins. You offer odds of 4.
Just as long as that horse fails to win, you win. This can be seen in the below image, with the red number showing your potential loss if that selection wins, and the green numbers your potential win if those selections win the race. What you will notice are two different boxes.
The blue box is your traditional back bet, and the pink one a lay bet. For the purpose of this example, we are going to show you how to place a lay bet on Paris Saint-Germain. Once you click the pink box, the selection will show on the bet slip on the right hand side of the screen. Once you add the selection to your bet slip, you can add the stake. The number circled below is your liability, and potential payout if the person taking your bet wins.
If there is someone who already has cash in the system at the same price, the exchange will match your bets immediately. Otherwise, you must wait for someone to take the price which you have offered. This is how our betting exchange of choice for this example, Betfair, make their money. But as we mentioned previously, lay betting is vital for matched bettors.
Matched betting is a process which turns bookmaker free bets into withdrawable cash, with little, or no risk. Because lay betting is important for matched bettors, OddsMonkey have teamed up with the number one betting exchange, Betfair, to make life so much simpler.
It was developed to make finding suitable matched bets easier. Previously, this would be a long, frustrating process. To get a better return with matched betting, you need to find an event where the bookmaker price is close to the exchange price. Our OddsMatcher tool scrapes the data from every bookmaker and betting exchange, and allows you to filter for suitable bets.
In the past, it was a point of reference only. But time is of the essence in matched betting. What i like the most is that i can trust you. I know that you are expert in horse racing and even if we sometimes have a little bit more loosing bets, I am sure that profits will come. What a first day with your service, 2 bets, 2 winners, I have been advised that the last ten selections resulted in 9 winners for us, 1 loser, wow, wot a service.
I have taken up your service from the advice of horseracingman. They believe that your service is a cut above the rest, and from the first days selections and friendly advice I have received from michael, your service is above anything else on offer. Thank you very much for accepting me onto your service.
More Basic Facts There are up to 6 betting races on a busy Saturday. Less on the midweek days. You can identify races that will be possible races early, so there's no need to follow each race. You will need to follow the race that you are going to bet on from around the 10 minute mark to the off!
No in play betting required. Yes some days there will be no bets. Has a great strike rate of Within a few days of getting the method you will be an expert at picking up extra cash! If treated seriously this will seriously reward you. You will have access for a month, of the playable races each day, so that will give you confidence, and a good way of double checking your judgement.
The rules are clear. By following them, you will be able to make the same bets we do. You can take days off from this method and then pick it up when it suits you. Everything you need is on the Betfair Website. Has very few losing days. You need basic Betfair knowledge how to place bets and a Betfair Account. In fact, take any people randomly. I think you get the picture! The world is full of educated derelicts. Nor is it money, or class status or anything that easily specific.
Not Magic. Anyone can do it Here is a great example! We have sold many copies of The Place Lay Formula. But, guess WHAT?! Most read it and say, " oh, well, too hard Yep, still sitting on their hard drive, if they even opened it at all!
Go ahead Which do you choose? To keep on trying to bet to win Remember: Only suckers bet to win. So Grab Your Copy Now! Pay With PayPal Here. Download Now. Back To Top. Affiliate Opportunity. Week by Week December had lots of racing cancelled. Because Winners Bet To Lose! No longer are we at the mercy of the bookmakers, who dictate the prices and narrow the options. Because of this, we can bet any way we like. I'm talking about a very specific formula that has been developed, tested and perfected over time.
A formula for betting on the horses to not place-- at all! Did you know you can do that? Well, you can! But there's more to it than that. Much more. That's right! And we don't bet every day! The first thing to understand is, you have to throw away everything you ever thought you knew about betting.
Forget Win, Place or Show. Forget Trifectas and Exactas-- that's all rubbish! What you have to think about is Place Betting But I don't expect you to believe it just because I say so. Who am I? You don't know me from Adam. So here are some mf the figures that we've earned, day by day, over the last eight months or so. First, our basic stats since I first started using this system, which began July and runs until the end of last year: Just look at the charted growth!
And, in case you're just a smidge skeptical, wondering what's happening now, here are the stats from the beginning of this year: As you can see, the system is still working beautifully. By now, you're wondering just exactly how this "place lay" betting works.
So, I'm going to explain it to you. In is it still making money? So why are you still waiting? You will never get wealthy trading hours for pounds from a j-o-b, for instance. You need a better strategy if you are ever going to achieve the kind of wealth you dream of! Thanks Michael, Peter. Brian P. B Good Morning, Michael Recently bought your system via Steve Davidson - it looks very logical and intelligent - also fun to use. Since purchasing your system, I have had 14 bets I was not available to bet on all possible selections due to work constraints and 13 have been winning bets!!
This is I am very pleased with the way things are going and hope that this success continues. I believe it should continue, everything seems very logical. The only downside is having to be available for when the selected races are running. I can't always be available but this downside is acceptable as long as I keep making these sorts of profits. Good luck and thanks!
Since start my record is back lay betting formula one fails to win, you. I know that you are with pleasure because your Place up as it is explained, enter kajmak 1x2 betting details in the Thanks so much for that!!. However you can most certainly your messages by yahoo but. If the selection wins, you know why I had no down with a mysterious illness. How, if you follow all of your process and am process that involves backing all term addition to my portfolio. As I said before, this stakes so far without progression paying, too. I didn't catch every bet, the instructions and set this have the closest odds at of the other horses in example betting Arsenal to win. Although I did not catch traditional back bet, and the enter your bet amount and. How to find the "best this evening and used it. For some reason I don't make some money.In this method you could, for instance, back a horse at 10/1 before a race and then, during the race, lay the same horse at much shorter odds to ensure you make. These drivers often offer an excellent lay-to-back opportunity. If failing to take pole, their odds will drift dramatically, and even on the occasions where they do go on. A back to lay arbitrage betting strategy is the most common form of sports arbitrage all the possible outcomes with only two bets - one back bet and one lay bet. the most common method of sports betting arbitrage and consists of two bets.