What is lay and back in betting?

Back betting means putting your money on something to happen – a horse or a team or a player to win, for instance. Lay betting means betting on something not to happen.

What does over and under mean in a bet?

In sports betting, an over-under bet is a bet on whether a specific statistic for a game will be higher or lower than a quoted value. This type of bet is also known as a total bet. The most common type of over-under bet is on the combined score of two teams in a match.

What is a better bet over or under?

A bet on the over means you think both teams will combine to score more goals, points, or runs than the total listed. Conversely, an under bet means you think there will be less than the total listed.

What is spread and over under?

The point spread that is listed on your ticket is your official spread. Total: Total points scored in a game. Also called the over/under. You may wager that the total score of the game will be more or less than the number listed. It makes no difference which team covers the spread.

How do you read the over-under?

Know that Over/Under bets are placed on the combined score of both teams and are much simpler to place.

  1. If the O/U is 198.5 points and you bet over, then any combined score from 199 points and up will pay out.
  2. If the score is exactly what the bookies set, then the bet is a push and everyone gets their money back.

How is over-under calculated?

What is the payout on an Over/Under bet? Most Over/Under bets have a vig of -110 on both the Over and Under. This is also known as a flat rate. That means that for every $100 you wish to win you must wager $110 – or a payout of 91 cents for every $1 wagered.

How do you play over and under?

An over–under or over/under (O/U) bet is a wager in which a sportsbook will predict a number for a statistic in a given game (usually the combined score of the two teams), and bettors wager that the actual number in the game will be either higher or lower than that number.

How do you win a lay bet?

Top 8 Tips To Lay Better

  1. While the idea of making money by ‘picking horses to lose’ sounds simple in theory, it’s far from a straightforward task.
  2. Recognise a different mindset is required.
  3. You must have a strategy / edge.
  4. Get your staking right.
  5. You must be price sensitive.
  6. Look to snip early.
  7. Never bet them back.

What happens if a lay bet wins?

Summary. When you lay a bet, you are betting on something to not happen. If the selection loses then you win the backer’s stake. However, if it wins then you pay the winnings.

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