07 Why lay? 
Bookmakers are layers
Betfair Education / 29 January 2008 / Leave a comment
Bookmakers are layers as they accept (lay) punters bets. Common phrases associated with bookmakers are "there's only one winner!" and "you never see a poor bookmaker!" Have you ever looked at a bookmaker and thought that looked like an easy...Read more »
Laying - an example
Betfair Education / 29 January 2008 / Leave a comment
When bookies do get it right though, the punter by backing a selection offers the bookmaker a great price on the alternative option(s). The final of the 2004 Hopman Cup was Karol Kucera v James Blake....Read more »
Laying Favourites
Betfair Education / 29 January 2008 / Leave a comment
The beauty of laying favourites comes down to the lower level of risk involved....Read more »
False prices
Betfair Education / 29 January 2008 / Leave a comment
There are many factors which force the price of a favourite down to well below its true price or implied probability. Media attention and popularity are the main ones here. Some players or teams are good enough to win anyway...Read more »
Favourites on Betfair
Betfair Education / 29 January 2008 / Leave a comment
Betfair prices recorded on odds comparison sites for these matches are affected by live trading on several of these matches, and thus cannot be used....Read more »
