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Betting Exchanges and lay betting on Betfair has become increasingly popular, mainly because they offer a unique service called the lay betting system. 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 use a unique betting system that works, whilst conducting their lay betting system activities without any involvement from a traditional bookmaker.

One of the biggest Betting Exchanges in the world is called Betfair, who offer their customers the unique advantage of playing the role of a bookmaker, by allowing the 'lay betting system' as part of their service, offering a real alternative to the conventional 'back betting system'.

Playing the role of bookmaker, lay betting systems - what does all this mean?

I will try to explain as simply as possible, the lay betting system is a facility supplied by the betting exchanges allows you to use your own skill and judgement, by using a lay betting system that works to predict the outcome of almost any sporting event that you consider will not win. This is called 'lay betting' or 'lay betting system'.

Gone are the days when you were restricted to using just a traditional bookmaker, who would only allowing you to use the 'back betting system' to find a winner. Like never before, betting exchanges now offer you the lay betting system facility. By harnessing the power of the betting exchanges together with a unique lay system betting that works, you can now win by simply using a lay betting system to lay bet a loser.

Let me explain, here's an example of how to use lay betting system that works combined with the power of the Betfair lay betting system...

Consider this, your favourite football team is playing at home and you feel absolutely certain that a draw is most certainly out of the question, simply because you have been watching their progress closely throughout the season.

Best betting system 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 laying odds of 2/1:- The lay betting system draw odds in this example are 2/1 therefore if you lay bet say £10 on the draw then...

If the result of this football match did end in a draw then you would lose £20 (2 x £10).

If this football match did not end in a draw and you used a lay betting system that works to lay bet the draw, by playing the role of a bookmaker, then your profit would be £10 because you would get to keep the £10 stake money (minus a small commission taken by Betfair).

Lay betting system explanation using Betfair lay system: 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 a lay system betting that works 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.

Betting exchanges offer a variety of lay betting systems on almost any sporting event imaginable. People from all walks of life can now experience the thrill and excitement of lay system betting on almost any sport. This could be cricket, football, rugby, horse racing, or maybe golf, in fact if it's a sport then you can probably use a lay betting system that works to lay bet the outcome.

Let's take a look at other lay betting system strategies with the following example by using the lay betting system guide that follows- this time we will take a look at horse racing and how you can stack the odds in your favour, instead of against you, when using a lay betting system that works.

BACK BETTING SYSTEMS: 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').

LAY BETTING SYSTEMS: Using the same horse racing example as above with 12 runners. If you used the lay betting system that works to lay bet just one single horse in a race by using a betting exchange such as Betfair, the odds will be very much stacked in your favour, simply because with lay system betting you create a situation where only one horse is running AGAINST you (the horse that you have lay bet to lose the race). If any one of the other 11 horses actually go and win the race, then you win your lay bet (this is known as 'lay betting' or 'lay betting system') because you have put yourself in the unique position of having ALL of the remaining 11 horses in the race actually running FOR you.

I realise that if you know absolutely nothing about the subject of lay betting systems and betting exchanges, all this may sound a little confusing to you. However, if you take the time to learn more about the fundamentals of lay betting systems that work, the potential profits are there for the taking, but like everything else in life you must fully understand what you are doing, picking up as many lay betting system tips and strategies along the way.

Let's face it - picking just 1 horse to lose a race with 12 runners must be far easier than picking 1 horse to win. I think you'll agree that lay system betting 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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