Ever wondered how people profit even when the team they backed loses? That’s when “Back” and “lay” betting come into action. Knowing the back and lay meaning in cricket betting can transform the way you use sports betting, converting you from a casual player to an experienced one.
In this blog, we will discuss what back and lay bets are, how they apply to cricket, and how you can apply them to your favor with real-life examples.
What is a Back cricket bet in cricket?
A Back bet is the traditional type of bet where you pick a team, player, or outcome to win. If your prediction comes true, you win the bet.
Example:
Let’s suppose India is playing against Pakistan. You will see these types of odds:
- Will India score 80 runs in 6 overs? (odds: 2.5)
- Will Pakistan take 2 wickets in 5 overs? (odds: 3.5)
You will see there are 100+ Back bet types available on this platform.
If you place a Back bet on India at the odds of 2.5, staking 1000 rupees, then,
If India wins, you will get 2500 rupees:
1000 rupees stake + 1500 Profit
If you lose your bets, you lose your 1000 rupees stake.
The Back bet is the most common form of betting offered by traditional bookmakers.
What is a Lay bet in cricket?
A Lay bet is just the opposite of the Back bet. Lay bet is placing a bet against an outcome. In this, you are opposite an outcome, but bookmakers say there might be a chance to win a match. With the Lay bet, you are against it.
Example:
Let’s suppose there is a match between RCB and GT, and GT is performing outstandingly. As a Lay bet pattern, you will see these types of odds:
- GT will not win against the RCB.
- GT will not make 60 runs in 10 overs.
If you place a Lay bet on “GT will not win against the RCB” at the odds of 2.5, staking 2000 rupees, then,
If GT loses, you will get 5000 rupees:
2000 rupees stake + 3000 Profit
If GT wins the match, you lose your 200 rupee stake.
Make double betting profit by using Back and Lay bets with online cricket ID!!
Key difference: Back and Lay Meaning in Cricket Betting
Features | Back Bet | Lay Bet |
Betting On | Outcome to happen | An outcome not to happen |
Risk | Limited your Stake | Can Be Much Higher |
Profit Potential | Fixed odds profit | Earn the backer’s stake |
Platform Type | Bookmaker or exchange | Betting exchange only |
Pros and Cons of Back and Lay Betting
Back Betting Pros:
- These bets are simple, easy, and beginner-friendly.
- You can easily predict your profit and loss here.
- These types of bets are mostly available on every sportsbook.
Lay Betting Pros:
- You can bet on a low chance as your prediction.
- Lay bets set you unique.
- These bets are against the bookmaker, so sometimes they can get you big profits.
Lay Betting Cons
- Lay bets come with higher risk.
- These bets are complex for the newbie.
- These bets are only available on some specific platforms.
Back and Lay: Final Thought
Back and lay meaning in cricket betting isn’t just about learning new terms; it’s about becoming a more intelligent bettor. Whether you’re a beginner looking to get started or a seasoned player looking to enhance your betting strategy, comprehending how to back and lay can make you a more capable bettor.
Start small and slowly understand these bets. We will give you more profits according to your knowledge of cricket. It is true that cricket is unpredictable, but Back and Lay bets make it easier to understand the game.