With the recent popularity of lay betting, more and more bettors are looking for ways to win through this type of betting. And what better way to do it than by lay betting on horses?
Lay betting on horses can be a great way to make some extra money, and with the right strategy, you can win big! But what exactly is lay betting on horses?
Lay betting on horses is basically when you bet that a horse will not win a race. This can be done through an exchange, such as the Whitehorse exchange.
The great thing about lay betting is that you can win even if the horse doesn’t come in first! As long as the horse doesn’t win, you will make money.
Of course, there is always the risk that the horse will win and you will lose your bet. But if you do your research and choose your horses carefully, lay betting can be a great way to make some extra cash.
Win with lay betting for horse races
Lay betting on horses means you bet that a horse will not win a race. You can do lay betting on horses through an exchange, like Whitehorse. This can be a great way to make some extra money, especially if the horse you bet against doesn’t win!
This might seem confusing in the beginning. It is not easy to start acting as a bookie. But as you get more familiar with lay betting, you will see that it can be a very profitable way of wagering. Lay betting on horse racing is gaining steam and more bettors prefer it as a method of approaching horse betting. It might be the right method for you too.
The top ways to win using a lay bet on horse racing
There are a few different ways you can approach lay betting on horses with. One way is to bet against a horse that is not favoured to win. This can be a risky bet, but if the horse does lose, you stand to make a lot of money. To put this more simply, you offer odds for an outsider. It will likely not win, so your lay bet will be successful, but the risk is that if it does come first, you will have to pay a greater amount of money to the winner.
Another strategy is to bet on a horse that you think is going to lose, but is still favoured to win. This can be a safer bet, but you will not make as much money if the horse does lose. This is actually the flip opposite of the previous way to go. This has a lower chance of winning, but in case of a loss, the money you will lose is not as much.
A third way is to wait until the last minute to place your lay bet. This can be a risky way of playing for multiple reasons, but it can also pay off if the horse you bet against does not win. The risk here is double. You might stall to wait for the latest news, but your opponents might do the same. Plus, if you wait for the last minute to lay a bet, there is always a possibility that no one will take your lay betting horse races offer.
Since you are using a betting exchange, there is, of course, yet another way you can approach lay betting on horse racing. This is the back-to-lay method of playing. You both back and lay a horse when the odds are favourable, and you will make a profit regardless of the outcome.
This way of back and lay betting on horses requires tons of concentration, as you will have to always be alert for odds alterations, in order to use the system in your favour. Keep an eye on the news and make sure to familiarize yourself with the concept before you start wagering large sums of money.
What to look out for when placing lay bets on horse racing
When you are lay betting on horses, there are a few things you need to be aware of. First of all, make sure you do your research. This means looking at the horse’s form, the jockey’s form, and the trainer’s form. You should also look at the going (the condition of the ground) and the weight carried by the horse. All of these factors can affect a horse’s performance.
Another thing to be aware of is that lay betting on horses can be risky. As we mentioned before, you can lose your bet if the horse you layed against wins the race. This is why it is important to be careful when choosing your horses. Do not bet on a horse just because you like its name! Yes, that happens.
When lay betting on horses, there are also a few more technical things you need to keep in mind. First of all, you need to make sure you are betting with an exchange that offers lay betting. Not all exchanges offer this type of betting, so make sure you check before you place your bet. Whitehorse is one of the industry leaders when it comes to lay betting horse races markets.
Secondly, you need to be aware of the odds. The odds will determine how much money you can win or lose on your lay bet. Make sure you know what the odds are before you place your bet. You might wonder how to do the odds matter, as you will set the odds when you start lay betting on horses. You have to keep an eye on the market. Your odds must be fair to lure opponents, but not too high, as you then have an added risk for yourself.
Thirdly, you need to be familiar with the horse you are lay betting against. Do your research and make sure you know everything about the horse before you place your bet.
And finally, remember that lay betting is a risky proposition. You can win or lose a lot of money depending on how the race turns out. So, always be prepared for the worst and hope for the best.
The best tips to bring you more winnings through lay betting on horse racing
So how do you win with lay betting on horses? Here are some top tips:
– Do your research: It’s important to know everything you can about the horse you’re lay betting on. Look at factors such as its form, past performances, and the going conditions on the day of the race. The more you know, the better your chances of winning.
– Pick your horses carefully: Not all horses are created equal! Some are more likely to win than others. Do your research and pick your lay bets wisely for the best chance of success.
– Know the odds: The odds play a big role in lay betting. Make sure you know what the odds are before you place your bet. The higher the odds, the higher your potential winnings will be.
– Stay up to date: Keep up to date with all the latest news and information on the horses you’re lay betting on. This will help you make better bets and give you a better chance of winning.
Follow these tips and you’ll be on your way to lay betting success!
Before we leave you to start your lay betting horse races adventure, it is important to share some markets that pair perfectly with lay betting on horses:
The winner market (or simply “win”) is the most common market when lay betting on horses. You bet on which horse will not win the race. You set the odds and wait for someone to take your challenge.
With the “placed” market, you normally bet on which horse will finish in the top three. Of course, lay betting on horses flips the board, so you bet on which horse will not do that.
With the forecast market, you bet on which horses will not finish first and second in the race.
The tricast market is similar to the forecast market, but you bet on which horses will not finish first, second, and third in the race. As this is something hard to predict, you have greater chances of winning as the ones who lays the bet, but in case of a loss, you will have to pay a higher amount of money.
Lay betting horse races can be a great way to make some extra money. However, it is important to remember that it is a risky proposition. So, always do your research and pick your lay bets carefully for the best chance of success. Good luck!