All you need to do to place a lay bet on Smarkets is to select the blue box which displays the current lay odds.
What is a lay bet on Smarkets?
Placing a lay bet
You can place a lay (against) bet by selecting the odds in the blue box. When placing a lay bet you are betting for an outcome not to happen – for example betting that Real Madrid will not win the race. This bet will win if Real Madrid loses or match ends as a draw.
Can you lay the field on Smarkets?
How to Lay Accumulators on Smarkets. As with Betfair, we can place accumulating bets on Smarkets. This is where we place a bet on the outcome of one event. If we win, then the total return is automatically staked on the next bet, and so on forth the total number of bets.
What happens if my lay bet is unmatched?
On the exchange the amount of money available for your lay stake is shown underneath the price. … Sometimes though there can be enough money in the market when you select your bet but then that money is quickly taken by someone and your bet comes up as unmatched as there is no longer any money available at that price.
What’s the difference between back and lay bets?
In a way, a lay bet is the stark opposite of a back bet. While in a back bet, you essentially say “this horse will win”, in a lay bet you are betting that a particular horse will not win. Therefore, when you place a lay bet on a horse, you are staking money on it not to win.
How safe is Smarkets?
Is Smarkets safe? We say absolutely. Regulated by the UK Gambling Commission and the Malta Gambling Authority, Smarkets is a reputable and safe bookmaker for placing bets and trading in a wide variety of different events.
How do I use my free bet on Smarkets?
First deposits made by Skrill or Neteller e-wallets will not qualify for the free bet. To claim the offer, simply register an account with Smarkets and make a first deposit of £20 or more. You must deposit a minimum of £20 in a single transaction otherwise you will not be eligible for the offer.
Can you do each way on Smarkets?
Each-way betting is generally limited to horse and greyhound racing, and allows you to split your stake to cover your horse or greyhound to both win and place in a race. To place generally means that your selection finishes in the top three.
Can you do multiples on Smarkets?
Smarkets now allows you to combine multiple selections from our sports events into a single bet that you can choose to either buy or sell. … You can only add buy (back) selections from sports to a multiple (you will still be able to sell (lay) the multiple after selecting buy prices)
How do you know if your bet will be matched?
How Do I Know My Bet Is Matched? When a bet is matched, it simply means two people have agreed on a stake and amount of liability. You will know this has occurred because matched and unmatched bets appear in separate sections of the bet slip. In this example, we have placed two Back bets.
How do you deal with a partially matched bet?
How to fix a Partially Matched Bet
- Click the ‘cancel unmatched bets above’ button (on Smarkets, this is the red cross).
- Load up the calculator and select the ‘part lays’ button in the bottom right corner. …
- In here you will enter how much of your initial stake was matched and the odds it was matched at.
Can I change my bet on Betfair?
No. Once Betfair has confirmed your bet placement, you will not be able to change the terms of that bet or cancel or withdraw from that bet under any circumstances. Acceptance of your bet by Betfair concludes the bet.