that the outcome will not happen (for Football, a draw would also count as a win not occurring). The lay bet is simply betting on the opposite, i.e.
To match a bet, after finding the offer from a matched betting service (we recommend OddsMonkeyor Profit Accumulator), you make regular ‘back’ bets with a bookie followed by lay bets using an exchange such as Smarkets or Betfair.Ī back bet is betting with a bookmaker that an outcome will occur.