from few companies such like BETDAQ and BETFAIR.Lay bet is bet against some event,you bet what is not going to happen.For example
we have the match Chelsea and Arsenal and you think that in this match there are no chance Chelsea to take some points form this
match,then you put lay bet against Chelsea,or called easier we lay Chelsea at 2.30 odd,for example.Here we at like a bookmaker
and have to decide how much we want to get from the backer`s stake,if we want 10 euros,this means that our liability if Chelsea
win is 10 x 2,30 - Backer`s stake of 10 = 13 euros liability. This means if match end as a draw or Arsenal take the full package
of points we will take 10 euros immediately to our bankroll,but if Chelsea win we will lose 13 euros from our account.
Other advantage in this odds exchanges sites is that always the odds are bigger than the other sites in the betting sphere.
Betfair and Betdaq are used by more and more professional bettors,because of the bigger odds that we mentioned above and because
of the cash out option,that only they propose to their customers.Cash out option is suitable for serious bettors who bet with big
stakes and want to safe his bets and money.For example we have the match Monaco - PSG and lay the DRAW in this match( the match
have to end with a winner for Monaco or PSG and we will win) ,our stake is 100,the odd is 3.20 ,which means that our liability
is 220 euros.On the 80th minute of the match the result is 1-0,only 10 minutes left,but you do not want to risk all your money for
this 10 minutes, you look at the cash out button and see that you can close your bet with profit of 61 euros. In this case you press
the cash out button and take your money with 61 euros profit no matter how the match will end. Now you are ready to lok for another
match,where you can put your next successful lay bet.
