OZmium Sports Betting and Horse Racing Forums

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-   -   Lay betting (http://forums.ozmium.com.au/showthread.php?t=25918)

Benny 30th January 2013 06:04 PM

Lay betting
 
I want to back a horse with a bookie and then lay it on betfair.

Is this a good thing.

stugots 30th January 2013 06:24 PM

Only if you can back at better odds than you lay Benny, which is certainly possible at times.

& of course there is the issue of these 'bookmakers' restricting or cutting you off if you are any good at what you are doing.

TheSchmile 30th January 2013 06:34 PM

Hi Benny,

You can back it on Betfair and lay it off during the race for a profit either way.

SpeedyBen seems to be the officiado in this aspect of racing.

SpeedyBen 30th January 2013 07:28 PM

Hi Benny
You don't get a lot of opportunities where the difference in price is enough to cover the BF commission if you are placing both bets at th same time.

Shaun 30th January 2013 08:52 PM

Ask Mark about backing with the bookies and laying on betfair, he will give you the short answer.


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