lay bets only

LeeS

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Sorry if this has been asked but whats stopping you from just making a lay bet i know the risk factor comes into play here but is that the only thing
 

Pbrail

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Sorry if this has been asked but whats stopping you from just making a lay bet i know the risk factor comes into play here but is that the only thing

Because it's gambling, and while you may win your Lay bet more often, you only win small amounts, while you risk losing £100's of pounds depending on your liability (maybe more if a big stake).

Bet at the bookie - bet's win less often, win more when you do

Lay bet at the Exchange - bets win more frequently but for smaller amounts, lose a lot more when the bet loses.

There was some story going around last year about someone who Laid (I'm plucking numbers here because I can't remember exact amount, but it was HIGH) 10k on the Favourite in a football match within the last couple of mins of the match at something low like 1.02 for a 'guaranteed' £200 profit. At which point the other team scored 2 goals or something and it ended in a draw. £10k lost to gain £200...yeah.

Personally, risking say £100 in order to only gain £20 isn't something I'd do.
 

LeeS

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Because it's gambling, and while you may win your Lay bet more often, you only win small amounts, while you risk losing £100's of pounds depending on your liability (maybe more if a big stake).

Bet at the bookie - bet's win less often, win more when you do

Lay bet at the Exchange - bets win more frequently but for smaller amounts, lose a lot more when the bet loses.

There was some story going around last year about someone who Laid (I'm plucking numbers here because I can't remember exact amount, but it was HIGH) 10k on the Favourite in a football match within the last couple of mins of the match at something low like 1.02 for a 'guaranteed' £200 profit. At which point the other team scored 2 goals or something and it ended in a draw. £10k lost to gain £200...yeah.

Personally, risking say £100 in order to only gain £20 isn't something I'd do.

Fair enough i knew there would be a down side to it somewhere it seemed to easy to to do it that way
 

Jon

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Moving out of Matched Betting as this is just gambling @LeeS
 

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