A lay bet can’t always be placed with your chosen bookmaker, as a betting exchange isn’t always available.

If Manchester United were to win the match, then your bet would be settled as a loser, but if they were to draw or lose, then your lay bet would be settled as a winning bet. If you’re placing a lay bet on Manchester United to not win the match, then this is a lay bet. Back bets will be familiar with the majority of punters, as you can place back bets with the majority of leading bookmakers, with bet365, William Hill, Ladbrokes, and Betfred being some of those to offer this type of bet.Ī lay bet is where you’d be betting against a certain outcome to occur. If they were to win that specific match, then your bet would be settled as a winner, although if they were to draw or lose, then the bet would be settled as a losing bet. An example of this would be if you were to place a bet on Manchester United to win a match they’re set to take part in.

But, to know exactly what matched betting is, first you need to know what a ‘Back’ bet and a ‘Lay’ bets are.Ī back bet is where you’ll be betting for a certain outcome to occur during an event. There are plenty of free bet offers that you can get involved with, so be sure to check out our list of the best betting offers out there. Matched betting is a betting technique that mathematically generates a profit from various free bet promotions listed by bookmakers across the UK. Are There Any Risks & Disadvantages With Matched Bets?.What Are The Advantages Of Placing A Matched Bet?.

Best sites for matched betting