Lay Bets Explained | Understanding Betting Exchanges - Matched Betting | OutPlayed.com

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In this video I simply explain the basics of betting exchanges and how they work. I will also explain a bit more about lay bets, which I have touched on in previous videos.

Betting exchanges are peer to peer (P2P), meaning that you bet against another person, rather than against a bookmaker. This means that you can place either a back bet (a normal / traditional bet) or a lay bet (which is essentially acting as a bookie)

These platforms allow us to qualify for and extract profit from free bets.

Invest your time into your future by watching this a few times to gain a sound understanding of the fundamentals of betting exchanges and lay bets.

If you have any questions, feel free to ask them in the comments, or in my exclusive Facebook group (link below)

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