The Simple Guide To Laying A Favourite Horse At Betting Exchange

The lay the favourite system focuses on laying horses, which are expected to start as the favourite and if not so, then at least need to be short priced. Other things that need to be considered for laying the favourite horse are, finishing positions for recent runs, days the horse last ran, performance of horse in its last few races, etc. Any horse that reaches certain ratings is said to having been qualified as a lay selection. Since the favourite is very short priced, it is expected to win the race.

The conventional bookmakers like losing a favourite rather than laying a horse, whereas the on-line betting exchange undertake both back and lay bets.

The concept and benefits of lay betting has grown in recent times due to the interest of horse race betting fans, who are interested in making money from losers. The following information will act as a beginner’s guide explaining these concept and benefits.

Function of Lay betting:

Lay betting refers to selecting a horse, normally the first favourite to lose a race.

In a traditional horse race betting, the bettor backs a horse to win. Nevertheless, if the bettor lays a horse, he becomes a bookmaker, so that if the horse fails to lose and wins, then the bettor needs to pay the stake amount.

Popularity of Laying a Horse to lose:

Laying a horse to lose the bet is more flexible as compared to the traditional horse race betting. Sometimes, it is easier to understand which horse is not going to win rather than to pick a winning horse. Laying the first favourite horse in the betting than backing the horse to win may prove to be more profitable than the contrary. Bookmakers generally earn a lot of money from the losing favourites horse. Compared to the backing, the tipsters earn more money in laying, since it is more profitable. The lay tipsters have higher profit margin.

Selection of betting exchange to lay a horse:

Betting is the best choice for anyone who is interested in earning profit from laying a horse betting. It is the world’s largest on-line betting exchange, because it offers better chances than its other competitors. They charge commission of 2-5% on net winnings.

Overview:

Before the bettor feels confident to lay a horse betting, a few hours is required to get familiarize with the terms of betting exchange site.