Lay-to-back: what it means in exchange trading

A trade that lays first and aims to back at a longer price.

Profit comes from the price drifting. While it is open, the position risks the full liability.

Plan a lay that you close by backing at a longer price.

A horse whose price lengthens as the market loses interest in it.

The most a lay bet can lose: lay stake × (odds − 1).

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

Related