How do bookmakers lay bets : What's Lay Betting? How Does It Work?

20 Sep 2024 —

A lay bet flips the typical betting dynamic, with the bettor assuming the role of the bookmaker, betting against a specific outcome.. Lay betting is an option on a betting exchange which allows you to take the same position as a traditional bookmaker, by offering odds.

Find out what lay .... Lay betting occurs primarily on betting exchanges rather than traditional online bookmakers. A bet placed will not be made against the bookmaker ....

It allows you to bet against an outcome occurring, essentially taking on the role of a bookmaker. For example, if you lay a bet on a horse, .... So could you just lay bets and make money that way? I'm not a ... bookmakers, however if you were to treat each bookmaker collectively ....