Lay Betting is the New Form of Betting



The act of betting was, at a time, very straightforward and easy to understand; however, that is not the case anymore. Lay betting is the most recent development of this sport. The explanation of lay betting is simple, yet there are more complex and complicated realities associated with it. This type of betting is definitely not for those who are risk averse or faint-hearted but it can be very exciting and bring a little variety for the traditional better.

Simple Explanation of Lay Betting



This explanation is straightforward and to the point. A lay bet is one that bets that something will win or will not happen. A player could place one of these bets against a team and also individual players. An example of this is that your friend bets that Man United will make it all the way this year and you bet against him; your bet against him is a lay bet.

How Did Lay Betting Originate?



Lay betting actually originated from the sport of horse racing. Even to this day, the most creative ways of betting happen at the horse track and lay betting is among the most common way. One of the main reasons this is so is because there are so many different outcomes that can occur in horse racing that cannot happen in other sports like football or baseball. In horse racing, there can be first place, last place, or no place at all. Because of this, lay betting became a very popular way to bet during the races and has now made its way from horse racing to other areas of life.

What sets lay betting apart from other types of betting is there are mirrored odds. Who's willing to hear about good casino recommendations? The casino staff have taken the time to review the more popular internet casino venues. They have reached a certain verdict in regard to the onlin casinos. Read about the discovery at the www.parisfootenligne.com site. An easy example of this is if the favorite holds odds that are 3/1, then your odds will be 1/3. The payouts are the same as they would be in a traditional bet; they are based according to odds. One thing to remember is that a lay better is playing the role of the bookie, meaning if the bet is incorrect the bookie must pay out.