{"id":14907,"date":"2025-02-25T13:26:18","date_gmt":"2025-02-25T10:26:18","guid":{"rendered":"https:\/\/7bet.co.uk\/blog\/?p=14907"},"modified":"2026-01-21T11:14:32","modified_gmt":"2026-01-21T08:14:32","slug":"lay-betting","status":"publish","type":"post","link":"https:\/\/7bet.co.uk\/blog\/lay-betting\/","title":{"rendered":"What is Lay Betting and How Does It Work?"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">There are two ways to make any bet \u2013 either an event will occur or it won\u2019t. 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 \u201cback bet\u201d, where you\u2019re backing an event.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A lay bet is the opposite, where punters bet on an outcome NOT to happen. Below, we tell you more about <\/span><span style=\"font-weight: 400;\">what is lay betting<\/span><span style=\"font-weight: 400;\">, how it works, and its advantages and disadvantages.<\/span><\/p>\n<h2>What is a Lay Bet<\/h2>\n<p><span style=\"font-weight: 400;\">Lay betting is when you are betting on a team or horse to lose. Bookmakers calculate probabilities and set the odds accordingly. The bookmaker is essentially betting against the market, hoping the event doesn\u2019t happen. However, now several websites give punters the option to lay a bet. For example, in horse racing, you can pick the horse that you think definitely won\u2019t win the race.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In a football example, imagine a <\/span><a href=\"https:\/\/7bet.co.uk\/blog\/premier-league-2025-brentford-vs-liverpool\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Brentford vs Liverpool <\/span><\/a><span style=\"font-weight: 400;\">match. A traditional bettor might back Liverpool to win at odds of, say, 3\/8. If you\u2019re laying a bet, then you\u2019re predicting that Liverpool won\u2019t win. This means either Brentford wins, or the match ends in a draw.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Explore multiple markets in the Premier League, UEFA Champions League, and more. Punters can lay bets on specific outcomes. Bet on Football Now<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Lay betting also works in horse racing. From the Grand National to international races, you can find opportunities on 7bet to place your wagers on favourites or outsiders. Bet on Horse Racing Now.<\/span><\/p>\n<h2>How Does Lay Betting Work?<\/h2>\n<p><span style=\"font-weight: 400;\">The mechanism is straightforward. A backer will bet that an event will happen. For example, a backer might bet \u00a310 at odds of 2\/1 that a horse will win a race. On the other hand, the layer will bet the opposite. You accept the backer\u2019s \u00a310 bet at the same odds. If the horse wins, you have to pay the backer his winnings. However, if any other horse is the winner, the \u00a310 amount is yours.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Below, we tell you how to calculate the risk for lay betting.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To calculate a lay bet for horse racing, let&#8217;s break it down step by step with a practical example. Here&#8217;s the formula you&#8217;ll need to know:<\/span><\/p>\n<h2>Key Terms in Lay Betting<\/h2>\n<p><span style=\"font-weight: 400;\">Understand this terminology before using this betting:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Liability:<\/b><span style=\"font-weight: 400;\"> This is the amount you stand to lose if your lay bet fails. To calculate it, multiply the backer\u2019s stake by the odds minus one. For example, laying \u00a310 at odds of 5.0 means your liability is \u00a340.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Backer<\/b><span style=\"font-weight: 400;\">: The person betting on the event to happen. Layers offer the odds to backers.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Odds<\/b><span style=\"font-weight: 400;\">: The price at which you agree to place a bet. High odds mean the outcome is more likely to happen. Find out <\/span><a href=\"https:\/\/7bet.co.uk\/blog\/how-do-betting-odds-work\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">how betting odds work<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Stake:<\/b><span style=\"font-weight: 400;\"> The amount wagered by the backer.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">To calculate liability, use this approach:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Liability = Stake \u00d7 (Odds\u22121)\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Example:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You want to lay a horse named \u201cThunderbolt\u201d in the <\/span><a href=\"https:\/\/7bet.co.uk\/blog\/grand-national-runners-2025\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Grand Nationals 2025<\/span><\/a><span style=\"font-weight: 400;\">. This means you are betting that Thunderbolt will not win. The fractional odds are 4\/1, which makes the decimal odds as 5.0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Your Stake: \u00a320 (this is the backer\u2019s wager).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The liability,\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">= 20 \u00d7 (5.0\u22121)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">= 20 \u00d7 4<\/span><\/p>\n<p><span style=\"font-weight: 400;\">= 80<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So, if Thunderbolt wins, \u00a380 liability will be deducted.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Now, let\u2019s calculate your potential profit.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If any other horse wins, you get to keep the backer\u2019s stake, which is \u00a320. So, your profit is \u00a320 (minus any betting exchange commissions).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So, in a nutshell:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If Thunderbolt loses, your profit is \u00a320.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If Thunderbolt wins, your loss is \u00a380.<\/span><\/li>\n<\/ul>\n<h2>Advantages of Lay Betting<\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Better control over risk and returns: For example, if you believe a heavily favoured team is overvalued, use the lay bet.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Hedging bets: Some bookmakers allow you to bet on more than one outcome. Use that to hedge your bets for more profit.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">More returns: For example, in horse racing, if the favourite horse underperformed in the trials, lay your bet, which covers any other horse to win.<\/span><\/li>\n<\/ul>\n<h2>Disadvantages of Lay Betting<\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Risky: Your liability is high. Make sure to properly research the game before laying against a team\/ horse.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Complex: You should have a strong understanding of the odds and your liability for every bet that doesn\u2019t go your way. You also need to factor in every team\u2019s\/ horse\u2019s performance to assess who will\/ will not win.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Imagine laying \u00a320 on a tennis player in the <\/span><a href=\"https:\/\/7bet.co.uk\/blog\/australian-open-2025-uk-schedule-odds\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Australian Open 2025<\/span><\/a><span style=\"font-weight: 400;\"> to lose at odds of 6.0. If the player wins, your liability is \u00a3100 \u2013 a significant loss compared to the backer\u2019s stake of \u00a350. In this case, it would be better to take the backing wager.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Now that <\/span><span style=\"font-weight: 400;\">lay betting has been explained,<\/span><span style=\"font-weight: 400;\"> make sure to be selective with your bets. Choose only the games where you feel a player,\u00a0 team, horse has been overvalued. This requires extensive research, not just intuition. Moreover, choose a low-stakes game to minimize risk, and hedge your bets wherever available.<\/span><\/p>\n<h2>Common Questions about Lay Betting<\/h2>\n<h3>What Does Back and Lay Mean?<\/h3>\n<p><span style=\"font-weight: 400;\">Backing and laying are opposite bets. You can either back a horse to win or lay the bet that it won\u2019t be the first one to cross the finish line.<\/span><\/p>\n<h3>Can I Use Lay Betting for Hedging Purposes?<\/h3>\n<p><span style=\"font-weight: 400;\">Yes, lay betting can be used as a hedge. For example, you placed a backer bet on a horse to win at 4.0 odds with a \u00a310 stake. However, the odds for the same horse now drop to 2.0. You can place a lay bet on the same horse at these odds to secure a profit regardless of the outcome.<\/span><\/p>\n<p><strong><i>Betting is only available to participants above 18 years. Please bet responsibly. BeGambleAware.org<\/i><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>There are two ways to make any bet \u2013 either an event will occur or it won\u2019t. For example, you<\/p>\n","protected":false},"author":13,"featured_media":14908,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[],"class_list":["post-14907","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is Lay Betting and How Does It Work? | 7bet<\/title>\n<meta name=\"description\" content=\"Discover Lay Betting: Bet against an outcome and learn how it works with tips to get started.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/7bet.co.uk\/blog\/lay-betting\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is Lay Betting and How Does It Work? 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