Lay betting consists of a punter betting against a particular outcome. It's a bet type that effectively pits punters against one another in a kind of betting marketplace. Another way to look at it is ...

The term 'Lay' betting defines the process of using a betting exchange, like the Betfair Exchange, where the punter believes a selection will not win or place in a specified event, and will ...

Back-to-Lay' betting is a technique whereby the bettor will place a bet on a selection at high odds, and look to lay the same selection at a lower price on an exchange platform such as the Betfair ...

The pair were hooked in with disgraced professional punter Noah Brash who plotted together to make money on 'lay bets', a type of betting where punters take on the role of bookie and back a horse ...

A $100 bet on UCLA would return $250 if the Bruins won straight up. Arizona bettors would have to lay $280 to win $100, but the Wildcats would only have to win the game and not cover a point spread.

Counsel representing stewards asked the Victoria Racing Tribunal to impose the massive penalty on Poy, accusing him of directing a betting group that wagered more than $2 million in lay bets on mounts ...