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Football Lay Betting System, Betfair How To Betting Exchange System, Betfair How To Lay Betting

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Betfair How To

Football Lay Betting System > Betfair Betting Exchange > Betfair How To

A simple "Betfair how to" guide forms an essential part of the learning process whilst you discover the amazing possibilities that the betting exchanges have to offer. Betfair is currently the world leader with around a 90% share of the online betting exchange market.

Many people actually make substantial amounts of money simply by using Betfair betting, this is mainly due to the fact that they have taken the time to learn the "tools of the trade".

Betfair is based in the UK and is a great success story, the company continues to grow and expand with a turnover of millions of pounds daily, making them the biggest online betting exchange company in the world.

Their secret, they offer real people the chance to play the role of bookmaker by allowing them to 'lay bet' as well as 'back bet'.

What does this mean?

Well, 'back betting' is the same as placing a bet with a traditional bookie, if the event wins, then you win.

The really unique part of "Betfair how to" is the ability to be able to place a bet on a specific event that you think will not win. This is called 'lay betting'.

This could be a football team for example. No longer do you have to back the winning team to collect your winnings, you now have the unique option to place a lay bet to lose, using online football lay betting with Betfair.

Here's an example of how to lay bet with Betfair...

Let's say that your favourite football team is playing at home and you think that the match cannot possibly end in a draw.

The Betfair Betting Exchange lay betting odds are as follows:-

Team-A 7/4, Draw 2/1, Team-B 5/2.

Here's how it works and how to use Betfair lay betting odds of 2/1:-

The draw has lay betting odds of 2/1 therefore if you LAY bet the draw for say £10 then...

• You would lose £20 (2 x £10). If the football match ended in a draw.

• If the football match didn't end in a draw you would win £10 (your lay stake), in other words you have played the role of bookmaker and you get to keep the £10 (less a small Betfair betting exchange commission).

"Betfair how to" explanation:- This is exactly the same as walking into any bookmakers shop and placing a £10 bet at odds of 2/1, the difference being that if the bet made doesn't win the bookie keeps your money (£10 stake). When you LAY bet using Betfair exchange lay betting online you get to keep the money in exactly the same way as the bookie does.

Another exciting feature of Betfair online betting is the fact that you can 'back bet' and 'lay bet' whilst the game/event is actually playing, this is called 'in-play' back betting and 'in-play' lay betting. For example, you can 'back bet' or 'lay bet' the outcome of a football match right up until the final whistle blows.

"Betfair how to" explanation:- Let's say that your favourite football team is playing at home and they are 30 minutes into the game with a 0-0 score-line. Your team has played really well with several near misses, you think that they have been very unlucky and it's only a matter of time before they score, and you feel certain that they will win.

What can you do? By using Betfair online betting, you could simply 'back bet' the home team to win, or you could 'lay bet' the draw, or you could 'lay bet' the away team. This can be done while the game is still playing - 'in-play' betting.

There are also many other different markets available for back betting and lay betting, too many to mention in this simple "Betfair how to" guide.

If you find in-play back betting and in-play lay betting interesting, it would be well worth the time to take a good look at the Betfair site, to find out more about the various online betting markets available to you, taking the time to learn the "tools of the trade".

There are many different methods of online betting with the betting exchanges. You may find it easier to specialise in one particular area and focus on that. You should choose a sport that you really enjoy, learning everything you can about the different types of online betting markets available. If you choose a sport that you really love, your Betfair online betting experience will be much more enjoyable, making how to learn all about Betfair much more enjoyable.

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