1. Free Lay Betting Systems
2. Back And Lay Betting Sites For Beginners
3. Lay Bet Craps

With a back-to-lay bet, also known as a D.O.B. (Double Or Bust) is where you would back a selection first at a certain price before the event, in our case a horse and lay it off after at a shorter price in-running to make a profit.

Looking to bet a team NOT to win? Check out our list of the best Lay Betting Sites and get quick information on the best strategy to follow at betting exchanges. A betting exchange is a marketplace where players can back or lay the outcome. Basically, you can bet that a certain outcome will happen (back) or that it won’t happen (lay). If you’re laying a bet, it means that you’re betting that any other outcome will happen. Free Online Back/Lay Betting Calculator Our free online Back/Lay betting calculator calculates the correct Stakes for backing and laying the same selection for the same Net Profit, whether the selection wins or loses.This is commonly known as trading out, greening up or Back/Lay.

Why Would You Back-To-Lay

Finding winners is incredibly hard but predicting how horses will run can be more reliable and this is something you can profit from.

If you could back a horse at 10.0 for £10 and lay back at 5.0 for £20 you would be guaranteed to make £10 whether the horse won or lost – this is what’s sometimes referred to as Dobbing. You would only lose if your lay bet doesn’t get matched.

The key to this been a profitable approach is to identify horses that will trade short in-running when we would be looking to lay our bet back at shorter odds and for a bigger stake than the back bet we placed pre-race.

Front-runners will often trade low in races (the horse leading in the image above is a well known front-runner caled Safety Check, see the graph below of the price he trades at in running from a Betfair SP of 38.0 to 3.05 in-running) while some horses can travel extremely well in their races and challenge late on but not sustain what looks a race winning move. These are the types of horses we need to be able to identify to profit from.

One way to identify horses that we can profit from is to investigate their in-running trading histories which can be found on www.winningwarlock.com free-of-charge . If they have traded consistently low previously there’s a good chance they will do so again.

You also need to make sure the race it is running in is similar to the types of races it has performed well in the past, the distance, the ground, the class of race and is it race-fit? If it is a front-runner and there are other front-runners in the race this would be problematic as it may not lead or could go off too fast and race the other front-runner for the lead. You can check the horses form on www.racingpost.com for free.

You have the option of either doing a straight DOB and doubling you investment or trying to lay back at a much shorter price. If the horse has traded at less than 20% of its starting price on many occasions and been beaten you could try it for a bigger profit. You could back your selection at 10.0 for £10 and lay back at 2.7 for £50 so if you bet was matched it would make you a £40 profit if it was beaten and £5 if it went on to win the race.

There’s always an element of risk when you gamble, but there are strategies you can employ to minimise this. One of the best is back-to-lay: taking both sides of the bet to back and lay the same selection following a price movement either to lock in a profit or minimise your potential loss.

• With a back-to-lay strategy, you’re not necessarily looking for a selection that you think will go on to win.
• You’re looking for a price that’s bigger than you think it should be.
• When the price contracts you can take advantage of the exchange and make money.

Back-to-lay is at the heart of many successful exchange bettors’ strategies. The key to this idea is backing when you think the market is undervaluing a team or player’s chances and laying when you think the market has either overcorrected or come back to its correct price.

Back-to-lay in practice

For example, you might have noticed a long-odds selection with a price that you think is too big, say Man City to win the FA Cup at 14.0 instead of 9.0. You put €100 on and the market eventually catches up with you and the price contracts to 9.0. With a traditional bookie, you could only hope it goes on to win, but with an exchange your options are far less limited.

Instead of letting the bet ride, you can now lay Man City at odds of 9.0 and lock-in the same profit regardless of whether they win or lose. To find out how much you should lay your selection by to make the same amount of money whatever happens, just divide the return of the initial bet by the price you’re going to lay at.

In this case that would be €1,400/9.0, which equals €155.55. That would guarantee you a profit of €55.

Protect your outright bets

The Premier League has provided a great example of a back-to-lay bet in previous. Even if you had missed the 5,000/1 available on Leicester winning the league at the start of the season, (most of us did!!) a lot of people took advantage of the 150/1 available at the end of November. At the time the Foxes were flying and there seemed to be a reluctance to accept that year was unlike any previous in the Premier League.

There was no guarantee Leicester would hold out though, and after Leicester beat a tepid Man City at The Etihad in February, a great opportunity to lay was presented to the Leicester backers. If you laid Leicester at odds of 3.0 you could have locked in a €503 profit (€1,510/3.0) and watched the rest of the season as a happy neutral.

When outliers overperform, back-to-lay betting opportunities present themselves. Leicester City’s 2015/2016 season is a prime example.

Leicester City FC’s victory parade goes through Leicester city centre as the Foxes celebrate winning Barclays Premier League 2015/16 for the first time in their 132-year history on May 16, 2016.

Back-to-lay in-play

More complex back-to-lay strategies involve looking at a market and backing a selection with the intention of laying it in-play. On the exchange you can back and lay the same selection at different prices. Say that you back a horse for €100 at 10.0 before the race in the knowledge that it’s a front-runner and likely to hit a much shorter price in-running, even if it doesn’t go on to win. You request a lay price of 5.0 before the race with a stake of €200.

Free Lay Betting Systems

As you expected, your horse hits the price in-running and your lay bet is accepted. The horse fades and doesn’t win, but you’ve guaranteed yourself €100 profit. The risk here is that your price isn’t accepted and your back bet loses.

Remember, with a back-to-lay strategy you’re not necessarily looking for a selection that you think will go on to win. You’re looking for a price that’s bigger than you think it should be. When the price contracts you can take advantage of the exchange and make money. Remember, if a price isn’t available on the exchange you can always request it and see if it gets matched.

Get out when the going is good

Back And Lay Betting Sites For Beginners

If you’re employing a back-to-lay strategy, you should always have an exit point and stick to it. If you have a price in mind, you should lay your selection when it hits this price. You should also have a back-up plan if things don’t go the way you thought they would. Laying a bet to minimise your total loss is as important as locking in a profit.

Lay Bet Craps

The downside of a back-to-lay strategy is when your long odds selection goes on to win, but that’s a risk you have to weigh up. Of course, you don’t have to lock-in the same profit whatever happens. If you fancy your selection at a high price, you could opt to lock-in a certain amount of profit, or even just cover your initial stake and let the rest of it ride.