If you’re sick and tired of soccer games petering out tediously into a draw after betting that your side was going to secure victory (just think back to Australia’s draw against Ghana in the FIFA 2010 World Cup in South Africa), why not adopt a different approach to soccer betting?
Bettors across the globe have increasingly realized the attraction of lay betting, which can bring huge profits to those who employ it wisely. Whereas with a bet that you might place on which side will win a game, you will win absolutely nothing if the side you backed draws or loses the game, with lay betting that is not the case. Let’s think back to the earlier example of Australia vs Ghana. Pretend you’ve placed a lay bet on Ghana to win the game because, although you might believe the Socceroos are the better side on paper and badly want them to win, you’ve had your fingers burnt in the past by last minute goals securing draws, or teams playing a full 90 minutes with the sole intention of drawing the game.
In this particular example, taking into account the way the game played out in reality, the bettor who chose to lay a Ghana win (in other words, the person who was confident that Ghana beating Australia would be an occurence which would not become a reality) would walk away with a smile on their face and some cash in their pocket as their judgement that Ghana couldn’t beat the Socceroos but might sneak a draw was correct. However, his mate, the one who believed passionately that Australia were going to beat Ghana and backed the Aussies, would have walked away a far less contented man on two counts: the Socceroos didn’t win (which obviously sucks!) and he lost some money.
So, if you reckon a team can’t win but you’re not sure if the other side are consistently good enough to beat them, you might discover that the best way to prove yourself right is through the astute use of a lay bet on Betfair, where you can choose to back or lay a number of selections. It’s worth understanding more about how Betfair works and precisely how exchange betting works if you want to get heavily involved with lay betting in the future.
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