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Betting Exchanges such as Betfair have become increasingly
popular, mainly because they offer a unique service called the
Betfair betting system that can be used for lay betting. This has
enabled them to quickly establish themselves as a modern alternative
to the traditional bookmaker. One of the many reasons for their huge
success and popularity in recent years, is the ability to use lay
betting systems (take bets), thereby enabling individuals to conduct
their
Betfair lay betting system activities without any involvement
from a traditional bookmaker.
Betfair is undoubtedly the biggest Betting Exchange in the world,
offering people a real alternative to the traditional form of system
betting known as the 'back betting system'. You now have the unique
opportunity of using 'lay betting systems' by playing the role of
bookmaker to profit from the Betfair betting system.
Take a look at:
Lay Betting on Betfair - Profitable Lay Betting Tips and Secrets
Betfair Lay Betting Systems (taking bets), playing the role of
bookmaker - what does this mean?
To put it really simply, betting exchanges offer you the ability to
use your own judgement about an event that you think will not win.
You can then use the Betfair betting system to place a lay bet on
that specific event because in your opinion it cannot possibly win.
This is referred to as 'lay betting' or 'lay betting system'.
Gone are the days when you were restricted to using just a
traditional bookmaker, who would only allow you to use the 'back
betting system' to find a winner. Like never before, betting
exchanges can now offer you the lay betting system facility. By
really
harnessing the power of the betting exchanges together with unique Betfair system betting, you can now win by simply using a lay
betting system to lay bet a loser.
Lay betting system explanation, here's an example of a Betfair
lay betting system and how it works...
Let's say, you have been watching the progress of your favourite
football team very closely throughout the season. They are playing
at home and you feel absolutely certain and confident in your own
mind that the game cannot possibly end in a draw.
Betfair betting system lay match odds on the Betfair betting
exchange are as follows:- Team-A 5/2, Draw 2/1, Team-B 5/2.
Here is an explanation of how lay betting systems work using
Betfair system laying odds of 2/1:- The Betfair betting system
draw odds in this example are 2/1 therefore if you lay bet say £10
on the draw then...
If this football match did indeed end in a draw then you would lose
£20 (2 x £10).
If you used the Betfair betting system to lay bet the draw, by
playing the role of bookmaker and the final result was not a draw,
then the £10 stake money would be yours to keep (except for a small
commission for Betfair).
Betfair How To - lay betting system explanation: A traditional
bookmaker would keep your £10 stake money if the bet lost in the
conventional way (back betting system). Using the 'lay betting
system' example above would be exactly the same as using a
traditional bookmaker to place a £10 bet at odds of 2/1 but when
using Betfair lay system betting there is one vital difference, if the bet
loses as expected then you get to keep the lay bet stake money, in
just the same way as a bookmaker.
Thrill and excitement of using Betfair betting systems on the
betting exchange is now available on almost any sporting event that
you can imagine. You name it and you can probably lay bet the
outcome. This might be football, horse racing, cricket, rugby or
maybe golf, in fact new lay betting system markets are being made
available all the time.
Let's take a look at another example of lay betting systems - this
time we will take a look at horse racing and how you can stack the
odds in your favour, instead of against you, with the Betfair
betting system.
BETFAIR BACK BETTING SYSTEM: Imagine a horse race with
say 12 runners. If you have a 'back bet' using the betting system in
the traditional way, in order for you to win, you would need to find
the winner of the race. Therefore, with 12 runners in the race you
would only have 1 horse running FOR you (the one you
have bet on to win) and ALL the other 11 horses would
be running AGAINST you. If any one of the other eleven horses
actually go on and win the race then you lose your stake money in
the traditional way (this is referred to as the 'back betting
system').
BETFAIR LAY BETTING SYSTEM: Using the same 12 horse
race as an example. If you use a betting exchange and follow a lay
betting system to lay bet just 1 horse to lose the race, you can
stack the odds very much in your favour, by systematically lay
betting a single horse in the race. You now have ALL of the
remaining 11 horses running FOR you, with only 1
horse (the one you have lay bet to lose) running AGAINST you.
Therefore, if any of the remaining 11 horses go on to actually win
the race then you win your lay bet (this is referred to as the 'lay
betting system').
It is well worth taking the time to learn more about the
fundamentals the betting exchange and Betfair betting systems in
general. I realise that lay system betting might appear to be a
little confusing to you right now, particularly if you know
absolutely nothing about the subject. However, taking the time to
learn all that you possibly can should pay off handsomely in the
future. The potential profits are there for the taking.
Let's face it - picking just 1 horse to lose a race with 12 runners
must be easier than picking 1 horse to win. I think you'll agree
that the
Betfair lay system opens up many more profit making
opportunities by stacking the odds firmly in your favour. Why have
just 1 horse running FOR you when you could have 11.
I do hope you can see the possibilities here.
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