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Seasoned punters will find calculating odds to be second nature but for beginners the prospect of getting to grips with what odds mean and in particular grappling with fractional odds can be a daunting one. Even if you're an experienced punter this Masterclass on understanding odds offers you the chance to refresh your thinking on identifying value based on the implied probability of odds. Traditionally, odds in the UK are expressed as a fraction. These odds can be used to calculate your net profit excluding your stake and although they seem complicated the method of calculation is relatively straightforward. This is best explained using an example. So whatever your stake is you can multiply it by 1.

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Back lay betting football spreads

One of the key advantages of the Betfair Exchange is that it allows bettors to create a position in a market where they can profit from several, or even all outcomes. The value indicates how much money you stand to make — displayed in green — or to lose — displayed in red— should the corresponding selection win. The short answer is that we need to adjust our position in a market as it develops, so that we lay bets at shorter prices than we then back them at, or back at bigger prices than we then lay them at.

All of the following techniques work to the same fundamental principle: removing your risk by betting tactically on alternative outcomes, to create more scenarios where you win. The more you watch of the event and the more twists and turns there are, the greater the opportunity to trade yourself into an even better position. Two-runner markets usual occur in in head-to-head sports where a result cannot be tied — like tennis, darts in knockout tournaments or snooker.

Altior and Cyrname are racing over 2m 2f on soft ground. The horses are closely matched, one with a speed advantage and the other with a stamina advantage, so tactics and pace will be decisive. The market has Altior at 1. The race begins, and as predicted you can see pace predictions for every race with the Timeform Pace Maps Cyrname goes in front to force a strong pace.

In-play betting now sees Cyrname trade at 1. Essentially, this means two more options have now opened up for you. This means you now have an opportunity to come away with a profit regardless of the result — and where the technique of back-to-lay can come in. Firstly, you could lay off your potential losses by backing Cyrname not to win. In this instance, because there are only two horses, this would most likely require Altior to win although it also includes the possibility that neither horse completes the race and there is no winner.

You now have a green book. However, you also have the option not just to lay off your potential losses on Cyrname, but instead to choose to try to win money on Altior. In other words, not only can you lock in a profit if the odds move in your favour, you can also change your mind and go for a still-bigger win. We can illustrate when you might want to do this with our example. If you remain focussed then start to think as well as lay bets in the identical method as a bookmaker, then you can certainly propel yourself into this exceedingly important winners club.

This all appears impressive, however is it actually that straightforward? Yes and No could be the answer. Only a purposely designed lay betting method will offer you the desired strike rate, so be explicit and make certain the football betting system used is suitable for lay betting on football. No, say you decided to apply the incorrect type of football betting system you ll get the incorrect kind of long-term results. The betting method used must be suitable for lay betting on the betting exchanges.

Profitable lay betting also known as laying , how does it work? At this point this can be just about any sporting event imaginable, football, rugby, tennis, golf etc. Bookies generate vast profits each year out of lay betting. This is very powerful once you bring into play the right lay betting system. Betting exchanges may be mysterious to you. So, you must fully know what the difference is between a layer as well as a backer. Understanding the difference between a backer and also a layer is fundamental.

It is essential to wholly recognize the differences between lay betting and back betting. To figure out lay betting isn t that difficult, think about how bookies receive their money as a result of taking bets, profitable lay betting makes use of precisely an identical approach. It genuinely isn t as complex as it might appear to you right at this point.

By taking a useful look at the help section at the Betfair Betting Exchange website can help hugely plus provide you with the basics, their help section is thoroughly informative and may offer you all the knowledge and guidance required for lay betting. On the other hand, for anybody who is by now informed about betting exchanges in addition to football betting systems in general, then you might be reading this information with a view to improving your odds of winning.

If so, then to make money from lay betting on football you need to stick to an already profitable football betting system which includes a verified track record of longterm profits.

BEST ONLINE SPORTS BETTING SITE

The horses are closely matched, one with a speed advantage and the other with a stamina advantage, so tactics and pace will be decisive. The market has Altior at 1. The race begins, and as predicted you can see pace predictions for every race with the Timeform Pace Maps Cyrname goes in front to force a strong pace. In-play betting now sees Cyrname trade at 1. Essentially, this means two more options have now opened up for you. This means you now have an opportunity to come away with a profit regardless of the result — and where the technique of back-to-lay can come in.

Firstly, you could lay off your potential losses by backing Cyrname not to win. In this instance, because there are only two horses, this would most likely require Altior to win although it also includes the possibility that neither horse completes the race and there is no winner.

You now have a green book. However, you also have the option not just to lay off your potential losses on Cyrname, but instead to choose to try to win money on Altior. In other words, not only can you lock in a profit if the odds move in your favour, you can also change your mind and go for a still-bigger win. We can illustrate when you might want to do this with our example. The fundamentals of lay-to-back are pretty much exactly the same as back-to-lay, only the opposite way around.

You could lay the horse pre-race — ensuring a comparatively long lay price — and if the prediction is correct and it settles at the rear, then back it in-running at what would likely be a longer price than its BSP was, to lock in profit either way. So, although which one you choose depends on what you think will happen during a race, and how the market will react, you need to be confident in your selections. The principle is the same; how much you want to wager on either outcome is up to you.

You can either play shrewd and hedge your bets completely for small profits all-round, or if you have a strong opinion on which outcome will prevail, alter your book so that you stand to win more if you get it right. The two-runner market is by far the simplest way of securing a green book, as bettors only have to worry about two outcomes.

In a nutshell, this is the reason why the Exchange gives you the best prices. A football betting system that wins nine times out of 10 sounds unfeasible". Hence, the following question remains unanswered: Should betting be left to your mug punters or can excellent income be made from a clever betting Less. Hence, the following question remains unanswered: Should betting be left to your mug punters or can excellent income be made from a clever betting technique, a football betting system that could succeed 9 times from 10 does that exist?

Imagine having access to a profitable football betting technique that was accomplished to be very rewarding, showing many years historical results, confirming a win rate of 9 times from It undoubtedly wouldn t be a mugs game then, it will be an extremely smart game. Now simply envisage you had access to a one of a kind football betting method that could teach you how to make cash in the exact way as the bookies bring in their money would you be interested? Welcome to lay betting - the betting exchanges offer you a unique and profitable betting advantage by offering the ability to lay bet meaning we can play bookie as well as take bets enabling individuals to bring into play a football betting method to lay bet the conclusion for this match, this is how the bookmakers have continually done to create their extensive year on year profits.

As a result of getting a purposely created football betting method designed together with the football lay bet in view, furthermore a betting exchange similar to Betfair that puts the icing over the cake, offering a noticeable chance of collecting a profit nine times out of ten. Less than two percent of all bettors in reality generate any major money from their long-term betting. If you remain focussed then start to think as well as lay bets in the identical method as a bookmaker, then you can certainly propel yourself into this exceedingly important winners club.

This all appears impressive, however is it actually that straightforward? Yes and No could be the answer. Only a purposely designed lay betting method will offer you the desired strike rate, so be explicit and make certain the football betting system used is suitable for lay betting on football. No, say you decided to apply the incorrect type of football betting system you ll get the incorrect kind of long-term results.

The betting method used must be suitable for lay betting on the betting exchanges. Profitable lay betting also known as laying , how does it work? At this point this can be just about any sporting event imaginable, football, rugby, tennis, golf etc. Bookies generate vast profits each year out of lay betting. This is very powerful once you bring into play the right lay betting system.

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Betting exchange trading is possible because you're able to back and lay the same outcome at different points.

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Horse betting tips twitter kim All of the following techniques work to the same fundamental principle: removing your risk by betting tactically on alternative outcomes, to create more scenarios where you win. This strategy is harder than it sounds, and it's not for the newbies out there. List of Quadpot betting rules for holdem Exchanges. You would assume the answer after they stop laughing being a little along the lines of "It s simply not possible, the bookmakers plainly wouldn t allow it. If so, then to make money from lay betting on football you need to stick to an already profitable football betting system which includes a verified track record of longterm profits. This price movement is what will allow you to back high, lay low or lay low, back high in order to lock in guaranteed profits. If you lay Arsenal, you are betting on Arsenal not to win the Premier League.
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As they recorded a string of stunning results during - including wins home and away against the Netherlands - their odds to win Euro started to steadily drop. Iceland drew Portugal, Hungary and Austria in Group F of the Euro finals, with the top two from the group going through to the next round, as well as the best third-placed team. It was a test for them, but their fantastic success in qualifying showed how capable they had become at international level in recent years.

Greece's historic success at Euro proved that smaller countries can thrive at the European Championships and, even with the new reorganisation to a 24 team event, Iceland had a chance. Once Iceland qualified from Group F, their odds dropped substantially, meaning it was then possible to place a lay bet to lock in a good amount of guaranteed profit.

After their win against England, their odds came down even further. I can grasp the initial scenario. I can also see the lay bet at 2. That is, lose 40p, or break even. Subtracting commission on the winning bet would mean that there would result in a definite cash loss. But, the Iceland scenario seems to me unfinished. What value should the lay liability be? Half an hour playing about with the numbers will give you a great idea of exactly how it all works.

This site uses Akismet to reduce spam. Learn how your comment data is processed. Low Risk Lay Bets. Lay Betting Strategy. What does Back and Lay Mean? You can see the back and lay odds below:. Lay Bet Liability. Lay Bet Calculator. Our free hedging calculator works out your back or lay stakes quickly. For example, if you are trading lay the draw and a goal is scored, our hedging calculator will tell you exactly how much to back the draw for so that you end up with equalised profit and the sought after Betfair 'green screen'.

Read More. Here is our handy guide to the different types of football bets. We explain them one by one so that you can start using each bet with confidence. Lay the Draw Trading. Lay the draw trading also known as LTD is still one of the most popular ways to trade football on Betfair. Here's everything you need to know to get started today, including betting vs trading, lay the draw exit strategies, insurance, Metaltone and more. List of Betting Exchanges. Betfair takes the crown when it comes to betting exchanges, but the Smarkets Betting Exchange has been a brilliant alternative since launching in February The Betfair sportsbook and exchange is essential for matched bettors and professional football traders alike.

Discover what makes it the best betting exchange. Betfair still leads the way, but the Matchbook betting exchange offers a quality service with just 1. Can Ladbrokes finish the job? Read More about Football Trading. Is it really possible to make a guaranteed profit from football betting? Here is everything you need to know about football betting systems that work, right the way through from matched betting to Betfair football trading. We explain what 'draw no bet' means, what 'win draw win' bets are, how 'double chance' works in betting and more.

There are plenty of screenshots too! We explain back and lay betting very simply and with plenty of screenshots. This is how football traders back and lay on Betfair in order to make a profit. Football accumulators are hugely popular, but how do they work? We explain how football acca bets work and how to calculate accumulator odds. Bob Reply. Well I did advanced maths A level at college but I cannot get my head around this! The race begins, and as predicted you can see pace predictions for every race with the Timeform Pace Maps Cyrname goes in front to force a strong pace.

In-play betting now sees Cyrname trade at 1. Essentially, this means two more options have now opened up for you. This means you now have an opportunity to come away with a profit regardless of the result — and where the technique of back-to-lay can come in.

Firstly, you could lay off your potential losses by backing Cyrname not to win. In this instance, because there are only two horses, this would most likely require Altior to win although it also includes the possibility that neither horse completes the race and there is no winner. You now have a green book. However, you also have the option not just to lay off your potential losses on Cyrname, but instead to choose to try to win money on Altior.

In other words, not only can you lock in a profit if the odds move in your favour, you can also change your mind and go for a still-bigger win. We can illustrate when you might want to do this with our example. The fundamentals of lay-to-back are pretty much exactly the same as back-to-lay, only the opposite way around. You could lay the horse pre-race — ensuring a comparatively long lay price — and if the prediction is correct and it settles at the rear, then back it in-running at what would likely be a longer price than its BSP was, to lock in profit either way.

So, although which one you choose depends on what you think will happen during a race, and how the market will react, you need to be confident in your selections. The principle is the same; how much you want to wager on either outcome is up to you. You can either play shrewd and hedge your bets completely for small profits all-round, or if you have a strong opinion on which outcome will prevail, alter your book so that you stand to win more if you get it right.

The two-runner market is by far the simplest way of securing a green book, as bettors only have to worry about two outcomes. In a nutshell, this is the reason why the Exchange gives you the best prices. The main difference with a multi-runner race is that given the increased number of outcomes, the more you must split your potential winnings between your book, in order to cover all eventualities.

Again though — how heavily weighted your risk and reward is towards individual horses is your decision, so it might be that you accept a break-even on most of the runners, in order to maximise potential profit on the horse you think will actually win.