Horse Racing Tips

Tom Stanley’s Beginners Guide To Lay Bets

7 years ago

|

1 min

A lay bet is betting against a horse to win. So if you don’t think a horse is going to win, you can lay said horse, ie bet against it.
Laying means you have the rest of the field running for you against the horse you’ve laid. As long as that horse doesn’t win, you win!
If there is a favourite, or at least a horse at a reasonably short price that you want to bet against, you can lay it. It’s like backing the rest of the field but in one bet.
If laying a horse, you take on the liability for a bet. If you lay a horse for £10 at 3.0 (2/1) and it wins, it will cost you £20. If it loses, you take the £10.
If you take on an odds on favourite at say 1.5, you can lay a £10 bet and if it wins it will only cost you £5. If it loses you win £10.

Ex-professional footballer and current broadcaster, Adrian adds a little something different with his selections and has had plenty of success to date most especially in the EFL.