Back To Lay
What is a Back-to-Lay?
This is where you are able to back a horse with a fixed odds bookmaker at a higher price than you can lay the same horse on the betting exchanges.
e.g.
Bob’s Lad 5/1 with William Hill
Bob’s Lad 4/1 with Betfair (to lay)
This means that......
If you placed £50 on Bob’s Lad with William Hill at 5/1 you’d return £250 (plus stake) if that horse wins
If you also laid £50 on Bob’s Lad with Betfair at 4/1 you’d lose £200 if that horse wins
Meaning an overall profit of £50 should Bob’s Lad win the race.
Therefore, using our unique BACK-TO-LAY software you can now be highlighted every time opportunities like this crop up – and believe us there are plenty each day.
Yes, many traders use this method already, but they waste valuable time searching through the odds comparison and betting exchange sites – but now you’ve got all this information, for all that day’s UK and Irish races at your fingertips.
You will see on our back-to-lay page that all the bookmaker prices that are currently bigger than the current Betfair lay price will be populated, while we’ve even indicated the ones have the best price differences in the ‘% margin column).
Use our search box to find certain horses running that day, or sort each column by simply clicking the sort arrows at the top of each header.
Plus, if you are also using our BOG Arbs method then you can use the back-to-lays as a way of going under the radar with certain bookmakers. If you are winning more often than not with a bookmaker then why not back a few horses with that firm and lay them off too?
Yes, you still need that horse to lose, but this way the bookmaker will think you are a normal punter that backs in any horse race – so you are potentially losing say £50 with a certain bookmaker, but winning £50 by laying that same horse on Betfair. You are in effect just transferring your bookmaker winnings into Betfair, but in the process making the bookmaker think you are a losing punter – clever, hey!
Hints:
Use our built-in back-to-lays betting calculator and let us work out exactly what stakes you need to place on each part of the back-to-lay bet – even taking into account the Betfair commission you’d have to pay on the lay part of the bet.
You can either lock-in a certain profit if the horse wins or loses, but if you have a strong view either way on that horse too then you can win even more (still remaining RISK-FREE), by weighting your winnings more in favour on that horse winning or losing – see our back-to-lay calculator for more info
Use BOG bookmakers to win even more – How? Like our BOG Arb method if the horse you are backing during the win part of the bet drifts out to a bigger price, don’t forget you’ll get paid out at that higher SP – and because you’ve already laid that horse at the lower odds then this is even more FREE MONEY courtesy of this fantastic offer.
