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Lay betting on betfair?
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5th January 2008, 01:42 PM
King Cugat
Member
Join Date: Nov 2007
Posts: 326
pengo go down to APrk race at 18:42 tonite.
look at Natty Nitro
someone is laying it @ $8.40 for $8
this means they are letting someone back it to lose $67.20. they are asking the punter for $8 to bet on it.
if the horse wins the layer here gets your $8
if it loses and you are the one backing it you will collect $67.20
dont forget the backing side (blue colour) contains the layers bets. this is where you as a punter or backer go to see what odds someone is giving you to back the horse they dont like.
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