Back and lay betting – A guide to lay betting in 2018 and beyond
By Charles Hopewell | Updated November 19, 2018
Back and lay betting is one of the most important concepts in matched betting. In this lay betting guide for beginners, we’ll cover what back and lay betting is, how to use it in matched betting plus we share our top lay betting tips to help you maximise your profit in 2018.
Ready? Let’s get started.
What is back and lay betting?
Before we introduce back and lay betting, here’s a short introduction to no risk matched betting for those of you who are new to this concept.
Match betting is a way of making money from bookmakers’ free bets, bonuses and other promotions.
There are thousands of individuals across the UK and abroad using this technique to earn up to £1000 each month risk and tax free.
A few years ago, as online gambling became more appealing and more bookies sprang up, so did the competition in the betting industry.
Nowadays, there’s so many different betting companies customers can choose, it’s hard to know which one to go for.
The only way for bookies to gain and keep new customers is to offer them incentives to keep them betting. It turns out, some of the larger firms are willing to spend up to £300 to gain a new customer.
That’s where matched betting comes in!
Bettors take advantage of these free bets and bonuses and make a guaranteed profit in the process.
Enter back and lay betting
Back and lay betting is the main concept behind matched betting as it allows you to make a guaranteed profit from bookmakers’ free bets and promotions.
This concept can be quite challenging for matched betting beginners and some are often unsure as to what exactly back and lay betting is and how it works.
That’s why we created this definitive back and lay betting guide in a simple and easy to understand manner. Our aim is to clarify the purpose of back and lay bets and to explain how matched betting works.
I suggest you watch the video below for more information on back and lay bets.