There are two ways to make any bet – either an event will occur or it won’t. For example, you can predict which horse will win the race or which football team will lift the English Premier League trophy. This is called a “back bet”, where you’re backing an event.
A lay bet is the opposite, where punters bet on an outcome NOT to happen. Below, we tell you more about what is lay betting, how it works, and its advantages and disadvantages.
What is a Lay Bet
Lay betting is when you are betting on a team or horse to lose....
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