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Liability vs Stake

This is a short explanation intended for beginners to shed light on the difference between the liability of a bet in favour (Back bet) and the liability of a bet against an event (Lay bet).

Trading technique: Lay the Draw

The "Lay the draw" technique is highly recommended for new Betfair football traders.
It is more appropriate for new bettors because it involves a single pair of bets, one before match start and another right after the 1st goal.

Back who is on top or lay who is behind in a match?

This is a question related with each bettor's risk profile. Personally I prefer to simultaneously go with the flow of the match and the market, so the answer is simple: I prefer to lay the team that is playing worse at the time of my bet.

What is a Lay bet? (example)

The possibility to bet against something, or simply the Lay bets, is the key to allow us to trade sports bets. Without Lay bets, there will not be trading.

This type of bets are only available in bet exchanges such as Betfair (the largest one). Lay bets are not available in traditional bookmakers.

Trading tecnique: "Lay Under" on the first minutes of the match

The "Lay Under" technique is just another idea on how to take advantage of your reading of the match and your forecast about key match moments.
 
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