King Klose 0 Posted March 26, 2010 Now a market on betfair, get laying Lambert, easy money. Share this post Link to post Share on other sites
Liam 0 Posted March 26, 2010 ive never understood laying bets, anyone care to explain? Share this post Link to post Share on other sites
SUPER YELLOW CANARY 0 Posted March 26, 2010 [quote user="liamcicada"]ive never understood laying bets, anyone care to explain?[/quote]Betting somthing not to happen ie. lambert will not go to celtic Share this post Link to post Share on other sites
CDMullins 436 Posted March 26, 2010 [quote user="liamcicada"]ive never understood laying bets, anyone care to explain?[/quote] You become the bookie! You take bets!Ie. you can let people that think Lambert will be the next Celtic boss boss against you! Share this post Link to post Share on other sites
crab 0 Posted March 26, 2010 Yes, but it''s MY easy money, so hands off [D:]Hopefully market will go same way as the Burnley job. Made a packet taking peoples money long after Lambert had ruled himself out! Share this post Link to post Share on other sites
Penfold 0 Posted March 26, 2010 Laying bets is for the bold and the brave, it''s much more costly should you be wrong.When you lay a bet you are the bookie - you offer the odds. You take somebody else''s money initially and pay out five times that (or whatever odds you set) if you are wrong. Be careful. Share this post Link to post Share on other sites
King Klose 0 Posted March 26, 2010 [quote user="crab"]Yes, but it''s MY easy money, so hands off [D:] Hopefully market will go same way as the Burnley job. Made a packet taking peoples money long after Lambert had ruled himself out![/quote]Plenty to go round. [;)]About 7/2 at the minute, might come in bit shorter like he did for the Burnley job... Share this post Link to post Share on other sites
King Klose 0 Posted March 26, 2010 [quote user="Penfold"]Laying bets is for the bold and the brave, it''s much more costly should you be wrong.When you lay a bet you are the bookie - you offer the odds. You take somebody else''s money initially and pay out five times that (or whatever odds you set) if you are wrong. Be careful.[/quote]Not necessarily, depends entirely on the odds. Share this post Link to post Share on other sites
King Klose 0 Posted March 26, 2010 Also, like crab says, if you layed Lambert when he was odds on for the Burnley job your liabilities wouldnt be big at all... Share this post Link to post Share on other sites