What is lay betting and how does it work? Find out with our guide You back your belief and bet that something won't happen. In that scenario. Betfair Education provides a handy guide to what lay betting is and how to bookmaker but offering odds to sell a bet instead of the usual odds to back a bet. In this Beginners Guide to Betting Exchanges, I explain what back and lay betting is, and look at the advantages exchanges have over.
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