what is a lay bet on betfair , why is my betfair account locked

What does lay on Betfair mean?

To lay a bet is to back something not to happen. For example, to lay Manchester United to win their match is to back them NOT to win. If you were to lay them, you would win your bet if they either lost or drew their match.

What happens if you win a lay bet?

When you lay a bet, you are betting on something to not happen. If the selection loses then you win the backer’s stake. However, if it wins then you pay the winnings. This is known as the liability, i.e. how much you will potentially have to pay out.

What is the difference between back and lay on Betfair?

As you already know, there are two sides to every bet: There’s a person betting for an event to happen, which is called backing, and a person on the other side betting against that event happening, which is a lay bet.20 Aug 2019

Can you make money laying on Betfair?

Resultantly, your lay bet earns a good profit. You can also place a lay bet with a hope that a certain number of lay bets would get coordinated, increasing the probability of earning profits from the lay bet that you have placed on the betting exchange platform.11 Feb 2021

How do I unlock my Betfair account?

If you’d like your account reactivated after a period of temporary self exclusion, you’ll need to get in touch with Customer Service. Our team will then be able to review your account whilst you are present on the contact. To help you stay in control we have a number of safer gambling tools for your benefit.

Why is my bet suspended on Betfair?

A suspended bet is a term used to describe when a betting market is suspended for some reason. The word suspended is most often used when a sporting event is in-play and something has happened during the event that is likely to dramatically change the current in-play odds.

Can Betfair detect VPN?

If you are using a not so good VPN then Betfair will easily recognise your connection and block you from using the site abroad. It does this in three ways: Betting websites check for IP, DNS and WebRTC leaks. These are basic checks that lower end VPN providers will fail.1 Jun 2022

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