Can you make money laying horses to lose?

Alberto Dewit asked, updated on January 29th, 2021; Topic: laying horses to lose
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Laying horses is something many bettors talk about but never do. When faced with taking on a 5.0 shot the potential loss is usually too much to stomach, but laying short-priced horses, especially to place rather than to win, can be a nice steady way to make a profit.

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Still further, what happens if you lose a lay bet?

Lay betting means betting on something not to happen. For example, if you lay a football team to win your bet will be settled as a winner if the team loses or if the game ends in a draw - so two outcomes are playing in your favour.

Then, what does 20 to 1 odds pay? For example, 6-5 means you will get $6 in profit for every $5 you wager, while 20-1 means you get $20 in profit for every $1 you wager. In the latter example, a bet of $2 means you would get $42 back for a winning wager.

Hence, what is the best sports bet to make?

Best Sports to Bet on the Moneyline

  • College Football (159.23% OPT. ROI SCORE)
  • NFL (78.7% OPT. ROI SCORE)
  • College Basketball (29.22% OPT. ROI SCORE)
  • NBA (13.92% OPT. ROI SCORE)
  • NHL (10.07% OPT. ROI SCORE)
  • MLB (7.34% OPT. ROI SCORE)

Is across the board a good bet?

Across-the-board bets aren't usually a good wager because they're expensive and have less profit potential. ... In a place/show bet, you're betting that your horse will place and show. If your horse finishes second, you collect the place and show money; if he finishes third, you just get the show money.

3 Related Questions Answered

What happens if you bet on the favorite?

The favorite is the team that is expected to win the game and will get a minus sign next to its odds, while the underdog is expected to lose and gets a plus sign. If the game is a toss-up, books will open it as a “pick” or “pick'em.” Click to return to table of contents.

How are bet winnings calculated?

To calculate winnings on fractional odds, multiply your bet by the top number (numerator), then divide the result by the bottom (denominator). So a $10 bet at 5/2 odds is (10 * 5) / 2, which equals $25. A $10 bet at 2/5 odds is (10 * 2) / 5, which is $4.

Can you bet on a horse to lose?

Yes, you can bet on as many horses in a race to lose as you like. If you think five of the horses can't win, for example because they are badly drawn or don't like the ground, you can bet on all five of these horses to lose.