Lay betting on Betfair is a technique used to generate revenue by taking the alternative facet of a guess, appearing because the bookmaker. As an alternative of backing a variety to win, you guess towards it, profiting if the choice loses.
Lay betting provides a number of benefits. Firstly, it means that you can set your odds, doubtlessly securing a greater return than conventional win bets. Secondly, it offers the chance to revenue from occasions the place you consider the favourite is unlikely to win. Lastly, lay betting can be utilized as a hedging technique to cut back danger in different bets.