\n
1. Always Be Aware of Your Liability<\/h3>\n Lay betting brings some extra considerations into the equation. You need to always be aware of your liability if you are laying bets. You will not be losing your stake like you would with a regular type of bet. You are acting as the house and therefore you can open yourself up to significant losses if you are not careful. This is where lay betting calculators can often come in handy in order to always be aware of what the downside of a given bet might be.<\/p>\n
2. Have a Strategy<\/h3>\n It is important that over time you develop a long-term strategy for your lay betting. This means that you will not be randomly laying bets willy nilly. Instead, you will have a plan in place that makes sense, meaning that you are following a thought-out staking plan and constantly refining this plan based on your results. This can save you a lot of headaches in the long run.<\/p>\n
3. Find a Niche<\/h3>\n One of the best characteristics of successful bettors is that they often focus on a specific sport or a given type of event. This means that over time they will become very familiar with the participants in the fixtures and can better recognize when to ay bets and when to place back bets. Otherwise, you can spread yourself too thin, not do as much proper research and ultimately open yourself up to lower returns in the long run.<\/p>\n
4. Don\u2019t Forget About Match Betting<\/h3>\n A popular approach that people take with sports betting exchanges is match betting. This sees you utilizing a lay bet in order to minimize the risk associated with placing a back bet. You will place a lay bet and a back bet on the same outcome.<\/p>\n
You need to make sure that the odds are suitably sized that this makes sense and you will be able to profit no matter what the outcome might be. Naturally, you will need to be using multiple sports betting accounts in order to get the ideal mashup of odds to make these bets viable.<\/p>\n
5. Knowing Your Odds<\/h3>\n If you are dealing with different types of odds, things can get confusing. This makes it easy to have a mistake that could potentially be very costly. If you are switching between fractional and decimal odds, you should always be using a calculator to make sure that you are fully aware of the bets you are placing. Oftentimes it is better to stick to one type of odds format. Most leading lay betting sites these days give you the chance to choose between different formats.<\/div><\/div>\n
Difference Between Lay Betting Websites and Traditional Online Bookmakers<\/h2>\n There are some similarities and major differences when you are comparing a traditional online bookmaker to a sports betting exchange like Betfair. The sportsbook will be setting the odds for a given event. On lay betting websites, the punters will be setting the odds.<\/p>\n
With traditional sportsbooks, you will not be able to place lay bets, but this is a reality with exchanges. There will also be no commission charges on traditional sportsbooks, but you will need to pay a commission on your winning bets through a sports betting exchange. Finally, the liquidity of a given market can dictate the bets that you can place on an exchange, whereas this is not really an issue with a traditional bookmaker.<\/p>\n
\n
\n\n\nCriteria<\/strong><\/td>\nLay Betting Platform<\/strong><\/td>\nSportsbook<\/strong><\/td>\n<\/tr>\n\nChoosing own odds<\/strong><\/td>\n <\/strong><\/td>\n <\/strong><\/td>\n<\/tr>\n\nBack Bets<\/strong><\/td>\n <\/strong><\/td>\n <\/strong><\/td>\n<\/tr>\n\nLay Bets<\/strong><\/td>\n <\/strong><\/td>\n <\/strong><\/td>\n<\/tr>\n\nRestrictions<\/strong><\/td>\n <\/strong><\/td>\n <\/strong><\/td>\n<\/tr>\n\nLiquidity Concerns<\/strong><\/td>\n <\/td>\n <\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\nLay Betting Australia – Final Thoughts<\/h2>\n As this guide clearly showcases, there are a lot of different ways that you can use lay betting got your advantage. It adds an extra tool to your betting armory, giving you more flexibility in your pursuit for profitability. Once you learn the ropes, you will wonder how you ever survived without having lay betting as part of your strategy.<\/p>\n\n
FAQs<\/h2>\n\n \n
\n Do lay betting sites ever offer promotions?\n <\/h4>\n <\/div>\n \n \n
Unlike traditional sportsbooks, you will not always get too many bonus offers through sports betting exchanges. However, they will usually provide you with some free bets or credit from time to time to encourage you to bet. Unfortunately, Australians cannot get their hands on welcome offers for these platforms.<\/p>\n <\/div>\n<\/section>\n\n \n
\n Is there commission charged on every single bet?\n <\/h4>\n <\/div>\n \n \n
You will only be paying a commission on an exchange if you have a winning wager. The rate of commission varies depending on the operator, often going between 2% and 5%. You should be aware of the commission rate before placing a bet.<\/p>\n <\/div>\n<\/section>\n\n \n
\n Is lay betting better than traditional betting?\n <\/h4>\n <\/div>\n \n \n
There is no option that is better than the other and thankfully you do not have to choose between these two approaches. Each of these options has its own specific occasions when it is preferable. You can then chop and choose between them as needed. <\/p>\n <\/div>\n<\/section>\n\n \n
\n What is the best lay betting website?\n <\/h4>\n <\/div>\n \n \n
As there aren\u2019t too many lay betting sites to choose from, the decision-making process is a bit easier than when you are trying to find the best traditional sportsbook. Betfair generally is the preferred option as it always has plenty of liquidity.<\/p>\n <\/div>\n<\/section>\n\n \n
\n Can you place a lay bet on any market?\n <\/h4>\n <\/div>\n \n \n
Nearly every type of betting market can be turned into a lay bet. However, you will often be curtailed by the liquidity on an exchange if you are looking at less popular fixtures or more obscure betting markets. <\/p>\n <\/div>\n<\/section>\n\n","protected":false},"excerpt":{"rendered":"
Lay betting brings something a bit different to the table than the traditional types of bookmakers that most people will have experience with. You are getting access to a lot more possibilities when you start to consider lay betting. This allows you to not just bet in favor of a selection, but you can also … <\/p>\n","protected":false},"author":35,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"inline_featured_image":false,"footnotes":""},"acf":[],"yoast_head":"\n
Lay Betting | Australia\u2019s Best Lay Betting sites for 2024<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n