“Back” betting is betting on an outcome To Happen while “Lay” betting allows you to play the role of the bookmaker. In a lay bet, you always stand to win the .... Lay betting is essentially the opposite of normal sports betting. In traditional betting, which is referred to as 'back betting', you bet on an outcome to ....
When you place a back bet you are betting on an outcome to happen, whereas if you place a lay bet, you are betting on an outcome not to happen – in opposition .... Arbitrage betting is a form of back and lay betting that allows you to generate a profit whatever the outcome of a sporting contest. You back .... When you make a “back” bet, you accept the odds that another trader, who is acting as a “bookmaker,” is offering.
When you make a “lay” bet, you offer your own ....
