Football Laying Tips – Football Lay Betting On Betfair

My name is Jonathan Fox and I am a professional sports bettor. I make a full time income on sports betting (Primarily football), and have been doing so since 2012. In a few minutes time, you will find out one of the methods that I use to earn my fortune – which gives me the security to buy anything I need, take numerous luxurious holidays each year, and pretty much have far more free time than the average guy on the street.

Fellow Punter,

Over the next 5 minutes of your life, make yourself a cup of coffee (or grab a beer depending on the time you read this letter), sit back, relax and read what I have to say. This short letter is for you. If you want to learn a simple way that you can earn a consistent income from football, then you’ve come to the right place.

And remember: What I’m sharing will finally allow you to make real money and give you the lifestyle you have always wanted & deserve.

Over the last few years, I have worked with a small, elite group of friends, teaching them how to make consistent profit from Betfair (or any bookmaker), while making many of them very wealthy. I’ve seen the result of this system in action and I know that it works.

When it comes to sports betting, you may think you’ve seen and heard it all before…

So, what is this all about?

I am heavily involved in football betting. I use a range of statistical web sites, form guides and as much information as I can get my hand on. This allows me to make extremely well-informed decisions on what bets to place. My laying system is one of the most profitable on the internet and I know this based on my own Betfair account!

Before we continue, I want to make sure of a few things:

If you found that your head was nodding in agreement with ANY or all of the above points, you’ve come to the right place. If not, I suggest you close this web site right now because you obviously don’t need it!

See, I was once like you. Betting used to be a hobby. I never really made any money and I used to bet on everything. Horses, cricket, tennis, athletics… you name it and I probably betting on it.

Then I started to use Betfair… I started to focus on one specific area. I bet where I knew I had superior knowledge to 99% of punters… football.

Don’t be alarmed…

I don’t actually steal!

A betting exchange is a marketplace for customers to bet on the outcome of discrete events. Betting exchanges offer the same opportunities to bet as a bookmaker with a few differences. Gamblers can buy (also known as “back”) and sell (also known as “lay”) the outcome, and they can trade in real-time throughout the event, either to cut their losses or lock in profit. Bookmaker operators generate revenue by offering less efficient odds. Betting exchanges normally generate revenue by charging a small commission on winning bets.

Exchanges and traditional bookmakers compared
Most exchanges make their money by charging a commission which is calculated as a percentage of net winnings for each customer on each event, or market. Gamblers whose betting activities have been restricted by bookmakers (normally for winning too much money) are able to place bets of unrestricted size as long as one or more opposing customers are willing to match their bets. The odds available on a betting exchange are usually better than those offered by bookmakers, in spite of the commission charged, because there are smaller overrounds.

In spite of these advantages, exchanges currently have some limitations. Because exchanges seek to concentrate their liquidity in as few markets as possible, they are not currently suited to unrestricted multiple parlay betting. Betfair does offer accumulators but these are limited in number and type: users cannot determine the outcomes contained in accumulators themselves. Some exchanges such as BETDAQ also offer multiples but the exchanges act in the same manner as traditional bookmakers in doing so (i.e. they themselves and not a customer act as the layer of such bets). Exchanges also tend to restrict the odds that can be offered to between 1.01 (1 to 100) and 1000 (999 to 1).

Backing and Laying
Traditionally betting has occurred between a customer and a bookmaker where the customer ‘backs’ (bets that an outcome will occur) and the bookmaker ‘lays’ (bets that the outcome will not occur). Betting exchanges offer the opportunity for anyone to both back and lay.

For example, if someone thinks that Team A will win the competition, they may support that choice. The bookmaker offering this bet to the player will choose this option. Both sides will agree on the sponsor’s bet and odds. If the team loses, the layer/bookmaker retains the patron’s bet. If the team wins, the layer will pay the sponsor the winnings according to the agreed odds. Since every bet you make requires a patron and a layer, and the exchange of bets is not a participant in the bets made on it, any exchange of bets requires both patrons and layers.

In-play betting
Exchanges allow bets to be made in-running or in-play (i.e. to make bets while a race or match is in progress). This feature is generally restricted to the most popular events for which widespread, live television coverage is available.

Whereas non-in-play bets are entered into the system immediately after being placed by the customer, when betting in-play a time delay might be instituted so as to make it somewhat more difficult for unscrupulous customers to accept offers for bets that for whatever reason have suddenly become highly favorable. Markets may also be actively managed by the operator. In this case, betting will be briefly halted after each occurrence likely to cause a substantial change in the odds (for example, in association football matches goals, penalty kicks and sendings off would warrant such suspensions), so that unmatched bets can be cancelled.

– https://en.wikipedia.org/wiki/Betting_exchange