| Millions of pounds profit is made each
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| | etc.
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| year by the bookmakers. They make most of
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| | You might fall into this category, maybe
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| this money simply by taking back bets
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| | you have a unique method for choosing
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| from people who think that the outcome of
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| | that hot horse in a race, or maybe you
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| an event will win. This is known as the
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| | study the statistics relating to football
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| traditional way of 'back' betting. The
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| | before you make that all important back
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| bookmaker keeps your stake money if the
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| | bet. If so, then you have done extremely
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| bet loses. If the bet wins the bookmaker
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| | well and I wish you luck, but you are
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| pays you your winnings. You become the
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| | very much in the minority.
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| 'backer'.
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| | The lay bet - typical 'layers' attitude
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| A 'layer' is the complete opposite of a
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| | ...
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| 'backer', it's basically the same as
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| | There is one very important thing that
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| playing the role of the bookmaker. Since
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| | most 'backers' and 'layers' are likely to
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| the introduction of betting exchanges
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| | have in common - they both want to make
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| such as Betfair, you now have the unique
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| | as much money as possible in the shortest
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| opportunity to lay bets in the same way
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| | possible amount of time. This fact is
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| as a bookmaker. If the outcome of the
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| | undoubtedly true, but with some important
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| event that you lay bet does indeed lose,
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| | differences. The 'layer' will not be
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| then you get to keep the stake money just
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| | expecting to make a killing from just one
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| like the bookmaker. You become the
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| | lay bet, therefore is likely to be more
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| 'layer'.
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| | patient and better prepared, safe in the
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| As the saying goes "you rarely see a poor
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| | knowledge that the Betfair lay bet is
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| bookie".
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| | readily available.
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| Therefore, you may ask the following
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| | Patience will play a big part in all
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| question:-
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| | successful 'layers', their attitude to
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| If you can make money from lay betting in
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| | risk will be much better adjusted,
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| the same way as a bookie, by being a
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| | knowing that their profit will come over
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| 'layer', why would anyone want to be a
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| | a period of time by strictly following a
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| 'backer'?
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| | good staking plan, they will only lay bet
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| The answer depends mainly on your own
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| | when their system indicates a strong lay
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| personality and what your expectations
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| | betting opportunity.
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| from lay betting and gambling are. Let me
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| | Now we all know that it's much more
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| explain ...
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| | difficult to pick a winner, than it is to
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| The back bet - typical 'backers' attitude
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| | pick a loser. Therefore, unlike the
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| ...
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| | 'backer', the odds are stacked very much
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| Someone looking for a 'quick fix',
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| | in the 'layers' favour as far as the
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| knowing that each time they make a back
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| | probability of a successful lay bet is
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| bet the odds are stacked firmly against
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| | concerned.
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| them, they are lured into 'backing' based
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| | However, the inexperienced 'layer' needs
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| purely on a hunch, or a betting tip,
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| | to be careful that they don't become over
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| maybe from a mate at work. For handing
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| | confident, by making lay bets on events
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| over a relatively small amount of
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| | that they know absolutely nothing about,
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| cash,combined with the exciting prospect
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| | or by falling into the trap of thinking
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| of a possible good win looming, the
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| | that lay betting is easy.
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| temptation can be simply too much to
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| | On the other hand, the modern clued up
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| resist.
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| | 'layer' will stick rigidly to what they
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| If you enter a bookmaker's premises you
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| | know and will only lay bet when they feel
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| will often observe many 'gamblers' with
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| | completely confident in their selection
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| their lists of lucky numbers, betting
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| | process. They will never lay bet with
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| tips, hot tips etc, going about the same
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| | money that is needed for other important
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| routine always used to make their
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| | things like household bills, only using
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| selections. A couple of minutes before
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| | money that is set aside purely for their
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| each race, they hurriedly glance through
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| | lay betting activities. Sticking rigidly
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| the race card, make their selection then
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| | to a good solid staking plan they will
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| run to the counter to place their back
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| | never over commit themselves.
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| bet, then invariably watch it lose. The
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| | If your aim is to be highly successful at
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| strange thing is that they follow this
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| | lay betting on Betfair, you should be
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| same pattern race after race, day after
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| | looking to achieve a win rate of around 9
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| day, week in week out - and the bookies
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| | times out of 10. This is realistically
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| love them!
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| | achievable. Remember you are looking for
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| Now, I realise that not everyone fits
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| | losers, not winners.
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| into the above categories. Sometimes,
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| | I do hope that you have enjoyed reading
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| 'backers' will put in that extra effort
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| | this article and it helps you to decide
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| needed, to help them arrive at their
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| | whether you are a 'backer' or a 'layer'.
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| betting selections, by studying form,
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| | As you have probably guessed by now, I am
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| analysing stats, or maybe you have access
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| | definitely a 'layer'.
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| to good quality betting tips and advice
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| | Which one are you?
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