Back and lay meaning in cricket betting rates
bookmakerfootball.website › cricket-betting › what-is-back-and-lay-in-betting. A lay bet is the opposite of a back bet. Lay bets are the same as saying an outcome won't happen. Placing a lay bet on a horse simply means you are staking. Arbitrage opportunities arise when the lay price on the betting exchange is shorter than the back odds on another exchange or bookmaker. If done correctly these.
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