What is Lay in Betting? - pintsizesocial.com

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What is Lay in Betting? - pintsizesocial.com

Lay betting is a form of betting that allows punters to bet against an outcome. It is typically used on betting exchanges like Betfair. When you lay a bet, you are effectively acting as the bookie and must pay out winning customers if your bet loses. This amount is known as your liability. Liability Liability