SallieHowell210

This post will not show you how to make a profit by laying hors...

Bookmakers have been laying bets on horses to shed ever since horse racing started. As punters obtaining a bet on a horse, we are really involved with laying horses each time we have a bet. We are basically on the other end of the transaction. To back a horse, there will usually be somebody who must to lay the bet. But so many folks believe they are unfamiliar with laying horses, so they shy away from it completely.

This post will not show you how to make a profit by laying horses. It will not even explain exactly how you lay a bet on a horse to shed. My intention when writing this report is merely to demonstrate that laying bets on a betting exchange is not some kind of black art and there is absolutely nothing smoke and mirrors about it.

Traditionally it has always been the bookmaker who has taken on the role of laying bets. This allocation of responsibilities is anything we are all utilized to, and comfortable with. But lets examine the mechanics of putting a bet:

In this example, lets assume we are going to back a horse named Common Account at a value of three/1 and for a stake of 10

We technique a bookmaker and this is what we are supplying: we are ready to risk our stake of 10 on the chance of this horse General Account winning the race. The price we are content to accept is three/1 If the horse loses, we will give the bookmaker our stake cash. Nonetheless, if the horse wins we shall take our stake back, and moreover, we demand that the bookmaker gives us 3 occasions our stake funds as profit.

In putting this bet, we are of the opinion that this horse will win it stands to cause, if we didnt consider it would win, we would not danger our stake cash.

I make no apologies if this explanation of placing a bet is perfectly obvious to everybody. Like I said earlier, we are all entirely familiar with this standard transaction.

Now bear in mind, in order for a bet to be struck, the bookmaker should also agree to the terms on the table. To lay the bet at the value of three/1, the bookmaker is content to risk three times our stake. To take our bet, the bookmaker is of the opinion that Common Account will NOT win the race. If he thought the horse was going to win, he would not accept our bet, or at least he surely would not wish to threat so a lot cash, and would not agree to a bet at three/1

Hopefully you can see that the only difference among a punter and a bookmaker is their opinion of who will win the race we think General Account will win, and the bookmaker disagrees, and we are Each prepared to put our funds where our mouth is.

In impact, where a punter is betting that a horse will win, a bookmaker is just betting that the horse will NOT win. It is no much more complex than that. Nothing at all devious, and nothing at all untoward.

Considering that 1999 and the introduction of Betfair as the 1st mainstream betting exchange, we all have the opportunity to play the role of bookmaker. Betting exchanges are simply a forum exactly where you can uncover an additional punter who has the opposite opinion to you, and match his/her bet.

If you turn out to have the greater judgement, then you will win. If your opposite quantity on the betting exchange turns out to be right, then you will shed, and you will have to spend the man/lady their dues. It is no more complex than that.

At the finish of the day, laying horses to shed may nevertheless not suit your betting temperament. But hopefully this post will have offered you the confidence to locate out much more. In spite of what you could read, making cash by laying horses is no less difficult than trying to profit by backing horses. In truth there is absolutely no difference in terms of threat.

As a punter, if you are happy to put some cash behind your opinion that a horse will win, there is totally no purpose you shouldnt also give oneself the chance to profit, if you feel a certain horse will not win a offered race.

To find out more about the mechanics and how to of placing bets on the exchanges, Betfair has a really great Aid section and if you are new to betting exchanges I advise you pay a visit at www.reddracing.co.uk/betfair online sports betting bonus