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Back lay betting sites in india12/23/2023 ![]() “Lay” Betting ExplainedĪ far less used method of betting on sports and horse racing, “lay” betting to put it simply is the opposite of “back” betting.īy “laying”, you’re betting on an outcome to not happen by accepting the stake of someone who wishes to “back” said outcome. ![]() ![]() If your bet is successful, your stake is multiplied by the odds offered and returned to your account in winnings. “Backing” involves risking a nominated amount of money of your choice, otherwise known as a ‘stake’, at odds prescribed by the bookmaker on their website or app. The possibilities are endless when it comes to events that you can back, with sports betting websites offering literally hundreds of different options to back in some major events such as English Premier League football or NBA basketball. “I’m backing Manchester United to win”), it involves staking money on a specific outcome occurring, whether it be something as simple as the winner of a sports match, through to something as niche as the number of points both teams score in the third quarter of a basketball game. What you most commonly know as a ‘bet’ probably fits into the “back” category of betting types.Ĭolloquially known as “backing” (e.g.
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