It can be a lot more than your original stake. This is same as laying a bet. If the selection does win, you have to pay out the winnings. That potential payout is known as your liability. It how much you need to pay out if you lose your bet. The horse is priced at 3. If the horse wins the race, then your liability is equal to the winnings for the backer. The horse is priced at 5. We wanted to put in this example since it shows how liability can quickly grow.
At odds of For example, say you back Newcastle at 8. During the game, they take a surprise lead. The odds for Newcastle to win this game shorten. By laying the same bet as you back, you are betting both on it to happen, and for it not happen. Because the odds have got shorter, you are guaranteed profit for doing so. This is similar to cashing out your bet earlier. Laying off your bet allows you to take reduced, but guaranteed winnings.
Matched betting is legal in the United Kingdom. Just be sure to only use sites that are certified with the UK Gambling Commission. All of the sites we recommend follow the criteria. When you lay a bet, you are betting on something to not happen. However, if it wins then you pay the winnings. This is known as the liability, i.
As horses prepare for their 3-year-old seasons they are subject to major fluctuations in form and temperament. It is therefore the norm for these races to produce upset winners, and punters can usually benefit from low odds on these horses in the lay betting markets. Horses are emerging from their winter break and are subject to significant fluctuations in from as they begin their 3-year-old seasons.
Also, bookmakers and punters only have 2-year-old form to work with when setting prices. Upsets are therefore the norm in races like the 2, Guineas and 1, Guineas. Antepost markets therefore tend to be highly speculative, and rarely predict the finishing order in a race with any accuracy. With entries to these races traveling from all over the world and racing against each other for the first time there are countless factors that can upset the formbook.
Lay betting on horses. Try laying betting on horses When to consider lay betting It can be tempting to place lay bets on all horse races.
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