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Betting Systems Explained
Betting Systems
> Betting Systems Explained
To help explain
why betting systems have become more and more popular in recent years is
due to the fact that Betting Exchanges such as Betfair 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
recently, is the ability to use many different types of lay betting
systems (take bets), thereby enabling individuals to conduct 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 established and conventional
'back' betting systems strategy.
Lay betting systems (taking bets), playing the role of bookmaker - what
does this mean?
Betting systems explained: 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'.
Like never before, you now have the really unique facility to use lay system betting
on a betting exchange. Gone are the days when you were restricted to
only using 'back betting systems' to find a winner, now you can win
simply by using a 'lay betting system' to find losers simply by
harnessing the power of the betting exchanges together with betting
systems and strategies that work.
Betfair lay betting systems, let me explain with an example of how lay
betting systems make money...
Let's assume a football team that you have been following very closely
is playing at home and you feel absolutely certain that the game will
not end in a draw.
Example of lay betting systems odds on the Betfair Betting Exchange
are:-
Team-A 5/2, Draw 2/1,
Team-B 5/2.
Lay betting systems odds of 2/1 on Betfair, here's an explanation of how to use
them:- The lay betting system odds for the draw are 2/1 in this example,
therefore lay betting the draw for say £10 then...
If this football match did indeed 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 lay system betting 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 systems explained using Betfair: A traditional bookmaker would keep
your £10 stake money if the bet lost in the conventional way (back betting
system). Using the 'lay betting systems' 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 this type of 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.
Betting exchanges have opened up the way for almost anyone to experience the
thrill and excitement of lay betting systems that win, on almost any sporting
event imaginable. This could be golf, cricket, rugby, football, tennis or maybe
betting systems for horse racing, in fact Betfair lay system betting is
available on almost any sporting event that you could possibly imagine.
Here's another lay betting system example - looking at horse racing this time
you will discover how, when using a lay betting system it is possible to stack
the odds very much in the lay betting systems favour, instead of the traditional
way of using a back betting system, when the odds are usually stacked against
the back bettor.
BACK BETTING SYSTEMS: In this example we will use an average 12 runner
horse race. With the traditional 'back betting systems' you would need to find
the winner of the race, in order for you to win the bet. This means that you
only have 1 horse running FOR you (this is the horse that you have bet on
to win) ALL of the other 11 horses are running AGAINST you. If
your selected horse fails and any one of the other 11 contenders go on to win
the race then you lose you stake money (this is called 'back betting' or 'back
betting system').
LAY BETTING SYSTEMS: Using the same 12 horse race as an example. If you
use a betting exchange like Betfair and follow only tested betting systems 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').
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, the potential profits are there for the taking, but like
everything else in life you must fully understand what you are doing.
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 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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