Glossary

Back-to-lay: what it means in exchange trading

A trade that backs first and aims to lay at a shorter price.

Profit comes from the price shortening between the two bets. The back-to-lay calculator shows the lay price and stake for any tick target.

How many ticks a price must shorten to lock in the profit you want.

A horse whose price shortens sharply as money comes for it.

A hedged position that shows a profit whatever the result.

18+. Trading on exchanges carries real risk and many people lose money. Set limits before you start. Support: BeGambleAware, GAMSTOP.

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