Learn profitable lay betting in minutes . . .

Many novices find the betting exchanges and lay betting confusing.

In fact, they are very simple to use and given the right information, they can be very profitable.

"Laying a bet" means that you are betting on something not to happen. For example, a horse not to come first in a race.

This method of betting has only become available to the general public since the introduction of the internet betting exchanges, such as Betfair, and has proved extremely popular.

The betting exchanges match people who think that a horse will win a race with those who think it will not win, at an a agreed price. The person who is correct wins the bet and the betting exchange charges them a commission on their winnings as a fee.

When laying a horse the most important thing to understand is that you are effectively acting as a bookmaker. As such your potential profits and liabilities are different to those in traditional betting activities.

It is also worth noting that the betting exchanges express odds as a decimal rather than as a fraction (and include the stake amount). So for example, a horse that would be described as 2/1 in fractional odds would be expressed as 3 in decimals.

Suppose we decided that we didn't fancy the horse in the example to win and decide to lay it with a £10 stake, our returns would be as folllows:

• If the horse does not win, then we would win our £10 stake (minus the betting exchange commission)
• If the horse were to win, then we would lose £20 (that is, 2 x £10)

The shorter the price of the horse you decide to lay, the less money you have to risk compared to your potential reward.

With the right information, the rewards from professional lay betting can be huge.

The winning strategy behind long-term lay betting profits is to target horses that are over-priced.

And by concentrating on time-consuming form analysis, private handicap methods and professional information, the lay betting expert is now able to generate significant tax-free profits.

In practice, lay betting is exactly what the bookmakers have been doing for years - and making fantastic proifts week in and week out.

This professional style of betting is precisely what you get when you join the SmartLay service. Professional, proven and profitable lay betting information based around careful analysis.

So if you want to take advantage of the exciting potential of professional lay betting you should take a look at the SmartLay service.

Remember, with the 28-day FREE trial you can now test the service and prove to yourself exactly how exciting and profitable lay betting can be.

Learn more about the SmartLay service.