Liability is the amount you stand to lose when you make a lay bet. The betting exchange charges a small commission (like 5%) deducted from the amount you win if your lay bet goes through. You'll use a betting exchange like Betfair when you lay a bet. You can only win if the team draws or loses the match. If you lay Team A, you're betting on the team not winning. What Is a Lay Bet?Ī lay bet can be defined as the opposite of a back bet. If the team draws or loses the match, you lose the bet. If the team you back win, then you win the bet. An example is backing Team A to win against Team B or to cover the point spread. Here's an overview of how no risk match betting works, but first, we need to define a few terms: What Is a Back Bet?Ī back bet is a traditional wager placed to back a specific outcome. Betting exchanges also take a small percentage of your winnings, so you should ensure everything is accounted for. The stake you place on the back and lay bets determine your profits. Matching bets involve elaborate calculations to avoid mistakes. Once you have the bonus, you can make a back bet with the sportsbook and a lay bet with a betting exchange. To match bets perfectly, you need to claim a sportsbook bonus, such as a free bet, welcome bonus, or other deal. No risk matched betting is precisely what the name suggests, a betting technique that involves no risk on your end.
What Is No-risk Matched Betting and How Does It Work?
