Lay betting is betting on something to lose. It means that if you Lay a horse, you want them to lose. And if it does, you win money. Many beginners think that it's easy to win money from lay betting. I've heard them say, "You bet on something to lose, that's not hard". However the most important thing they don't think about is the odds that they are betting at. Events withthat have a higher probability of losing also have much higher lay odds. They could win a few of them but when they lose once, that could decimate their profits or even worse, result in a substantial loss.
To win in the long term, you will need to determine the "value" of a bet. When laying, you want to lay at the lowest possible odds to minimise losses. This
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