There are so many betting markets in soccer now that even veteran punters need help to keep up. Even though you can choose to ignore most of these niche and unique areas, the fact remains that there’s the possibility that doing so will close you out of potentially huge payouts. Lay betting is an exciting market that dares bettors to score sizable payouts differently. Here’s what you need about this fantastic platform.
Lay Betting – What It Is?
Lay betting is a betting market that encourages bettors to wager on a team losing instead of winning. Due to their unique nature, they’re usually exclusively taken on online betting exchanges. This betting market lets you assume the role of a sportsbook. When you lay a bet, you’re wagering against other bettors. So here, you get to set the odds of the wager. It means you stand a chance to win the backer’s stake if the selection ends up a losing bet. However, should the section win, you lose the backer’s stake multiplied by the selection’s price.
How To Lay Bet Like a Pro
Like all betting markets, there are some best practices you have to follow if you want to make the most of lay betting. Some of the most important things to note are:
Carefully Consider Your Liability
As we mentioned earlier, there are consequences if a lay bet doesn’t go your way. Those consequences refer to your liability. Your liability is the potential sum you stand to lose if you make a misstep with your lay bet wager. With a traditional bet, the worst thing that happens is that you lose your stake. Soccer can also be called the game of stunning offsets. So, while taking a lay bet might seem like easy money sometimes, be sure you know and can handle your liability if things unexpectedly go sideways.
Have a Long-Term Strategy In Place
The importance of building a solid and well-thought-out strategy is second only to understand your liability. As you’ve seen here, the stakes are considerably higher with lay betting. It means that you also have to be more conscious of elements like mitigating your losses and guaranteeing yourself a more than reasonable Return on Interest in the long term. As such, you should always have a well-defined strategy in place if you’re going to lay a bet.
Find Identity (And Avoid) The Hype
Due to a long and successful history or a more than solid financial backing that has translated well onto the pitch, some soccer teams naturally attract more hype than others. These teams will almost always get the wagers of amateur punters. If you’re betting against them in any fixture, ensure that it’s with an underestimated team with a proven ability to pull off offsets. It will give your wager a greater chance of coming through.
Statistic To Win In Lay Betting
|Win-loss record||Looking at a team or player’s win-loss record can give you an idea of their overall performance and can be a helpful statistic to consider when placing a lay bet.|
|Head-to-head record||Analyzing the head-to-head record between two teams or players can give you an idea of how they match up against each other and can be useful when placing a lay bet.|
|Form||Examining a team or player’s recent form, such as their last few matches, can give you an idea of their current performance level and can be a helpful statistic to consider when placing a lay bet.|
|Home/away record||Considering a team or player’s home/away record can be helpful when placing a lay bet. Some teams or players may perform better at home, while others may perform better away.|
|Injury/suspension status||Checking a team or player’s injury or suspension status can be crucial when placing a lay bet. A key player being out or injured can significantly impact a team or player’s performance and may make them more vulnerable to a loss.|
|Betting market odds||Examining the odds offered by the betting market can give you an idea of the perceived likelihood of a team or player winning. This can be a helpful statistic to consider when placing a lay bet, as you can use the odds to inform your decision-making.|
No doubt, lay betting is a complex concept. But if you can master it, the rewards that you stand to get will shoot you to the top of the industry!