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Betfair Lay Betting Tips And Secrets – Are You A Backer Or A Layer? (Page 1 of 2)
The bookmakers make millions of pounds profit each year by simply taking bets from people who want to ‘back’ the outcome of an event because they think it will win. This is the traditional way of back betting. If the bet wins the bookmaker pays out your winnings, if the bet loses the bookmaker keeps your stake money. You become the ‘backer’.
A ‘layer’ is the complete opposite of a ‘backer’, it’s basically the same as playing the role of the bookmaker. Since the introduction of betting exchanges such as Betfair, you now have the unique opportunity to lay bets in the same way as a bookmaker. If the outcome of the event that you lay bet does indeed lose, then you get to keep the stake money just like the bookmaker. You become the ‘layer’.
As people say “you don’t see a poor bookie very often”.
Therefore, you may ask the following question:-
If you can make money from lay betting in the same way as a bookie, by being a ‘layer’, why would anyone want to be a ‘backer’?
The answer depends mainly on your own personality and what your expectations from lay betting and gambling are. Let me explain …
The back bet – typical ‘backers’ attitude …
Someone looking for a ‘quick fix’, knowing that each time they make a back bet the odds are stacked firmly against them, they are lured into ‘backing’ based purely on a hunch, or a betting tip, maybe from a mate at work. For handing over a relatively small amount of cash,combined with the exciting prospect of a possible good win looming, the temptation can be simply too much to resist.
If you enter a bookmaker’s premises you will often observe many ‘gamblers’ with their lists of lucky numbers, betting tips, hot tips etc, going about the same routine always used to make their selections. A couple of minutes before each race, they hurriedly glance through the race card, make their selection then run to the counter to place their back bet, then invariably watch it lose. The strange thing is that they follow this same pattern race after race, day after day, week in week out ‘ and the bookies love them!
Now, I am not suggesting that every backer falls into the above categories. Sometimes, ‘backers’ will strive to put in the extra work needed, helping them with their final betting selections, by analysing stats, studying form, maybe taking advice, of following good quality betting tips etc.
You might fall into this category, maybe you have a unique method for choosing that hot horse in a race, or maybe you study the statistics relating to football before you make that all important back bet. If so, then you have done extremely well and I wish you luck, but you are very much in the minority.
The lay bet – typical ‘layers’ attitude …
There is one very important thing that most ‘backers’ and ‘layers’ are likely to have in common ‘ they both want to make as much money as possible in the shortest possible amount of time. This fact is undoubtedly true, but with some important differences. The ‘layer’ will not be expecting to make a killing from just one lay bet, therefore is likely to be more patient and better prepared, safe in the knowledge that the Betfair lay bet is readily available.
Internet Craps – Mastering the Basics of the Online Game
We all know the image of the high-roller. Poised expertly at the end of the craps table, die in hand and helped along with a blow for luck from an adoring fan; with a flick from that knowing wrist, the squares tumble to the end, and the outcome: exactly what was foreseen.
Through the erupting crowd, the high-roller then exits, the famous table receding behind and all who surround it turned to watch the departure. Each head filled with wonder and fascination at the mysterious stranger heading from glory to untold winnings.
The high-roller, there to win, there to play casino craps, there to risk all to the beauty, mystery and uncertainty of the game.
Internet craps may not hold the same glory, adoration and atmosphere for the high-roller, but the science and complexity of this, a purely chance-based game, is the same. And so is the rush of winning.
With the ease of a mouse stroke and the instant of a click, you choose the bet you want to make. Each bet has its own area on a virtual craps table and pointing and clicking on the desired square, will activate that bet.
Once you’ve made your bet, click the ‘roll’ button and take your first step toward possibly becoming a high-roller in your own right.
Basic internet craps follows much of the same rules and principles as regular craps, but all with the option to change your playing style and with an array of selections at your fingertips, and all in the comfort of our own home. A far cry from the chaos and distraction of what it means to Play Casino craps, and a perfect platform to build your gaming strategy.
Most players are introduced to the Pass Line Bet as their first foray into the world of craps, and, in fact, never progress to more complicated areas of the game, as the Pass Line bet showcases exactly the basic nature and experience of what it means to play this age-old gaming and casino stalwart.
Here’s how to play:
The first roll in any game is called the Come Out roll and with the Pass Line bet, there are a number of ways you can win with your Come Out roll.
Firstly, rolling a natural wins you the game every time. A natural number in craps is 7 or 11 and if you roll either, watch the credits in your virtual bank roll up.
Second, the dreaded craps roll will, in turn, lose you the game. Craps numbers 2, 3 and 12 are the ones to steer clear of.
Thirdly are Your Point numbers. These numbers, 4, 5, 6, 8, 9, or 10 are your cue to roll again; to give it another shot. If you roll Your Point again with a number before 7, the game is yours, but roll a 7 before Your Point and watch your winnings dwindle.
Internet craps may not have the admiring crowds, the cool synthetic air or the slot machine jingle-and-light din that plays as a constant casino soundtrack, but is, nonetheless, a great way to get the most out of craps in a strictly non-gaming environment.
In the privacy of your own home, you can become a high roller too, and, with enough practice online and mastery of the basics, the next time you play casino craps, all heads may be turned your way as you flex your knowing wrist, and send the die rolling toward the glory and riches therein.