It involves selection horses and backing them before the race starts and then placing a Lay bet at shorter odds to lock in profit whether the .... This means that if you back Man City with a £10 stake, your return will be £17.30 (£7.30 profit) if they go on to win the title.
A lay bet is the exact opposite .... Regardless of whether you initially play BACK or LAY, trading on Betfair is all about making a profit, i.e., your goal is to produce a green book with any .... Back-To-Lay: When you take both sides of the bet to back and lay the same selection following a price movement either to lock in a profit or .... In any case, order of bets does not play a role, it's the same whether you placed your back or lay bet first; it's only odds and stakes that affect your profit..