The default setting on Betfair is to lay to win to a set amount. It takes a few seconds longer to lay to a fixed liability on the Betfair interface and it’s handy if you know the equivalent stakes so you can place your bet more quickly.
On many betting sites and mobile apps like Zoombet and the Betfair app itself, you can only set your stake for your lay, and again knowing the equivalent stake in relation to how much you want to risk is very helpful, particularly in play where speed is of the essence.
The market is not always right, so don’t let it dictate how much you win. Knowing your potential down side each time you click that lay button ensures much more control and can result in a much smoother trading process.
What is a Lay Bet?
A lay bet involves a process where, when making two transactions, you can minimise risk and potentially maximise the profit from your initial bet. This can be used as part of your overall betting strategy and also for different reasons, including placing qualifying bets so you receive bonuses in the future, and also minimising risk when the odds change. All you need to do is sign up for a sports betting account, place your bet, and then use a betting exchange to lay your bet off.
How Does A Lay Bet Work?
If the outcome you laid against doesn’t happen, then you will win your initial bet and receive the stake from the opposing bettor. However, if the outcome does happen, remember that you will have to pay the winnings to the bettor you come up against, in the same way a bookmaker would do.
Using Lay Bet Calculator
Using a lay bet calculator, you can easily work out the equivalent stake is. Type in your desired liability, i.e the amount you want to risk on each trade, and you’ll be able to see what the equivalent stake is at each individual odds up to odds of 6.00 or 5-1.
Input Liability
Odds -> Stake
1.01 -> £1,000.00
1.02 -> £500.00
1.03 -> £333.33
1.04 -> £250.00
1.05 -> £200.00
1.06 -> £166.67
1.07 -> £142.86
1.08 -> £125.00
1.09 -> £111.11
1.10 -> £100.00
1.11 -> £90.91
1.12 -> £83.33
1.13 -> £76.92
1.14 -> £71.43
1.15 -> £66.67
1.16 -> £62.50
1.17 -> £58.82
1.18 -> £55.56
1.19 -> £52.63
1.20 -> £50.00
1.21 -> £47.62
1.22 -> £45.45
1.23 -> £43.48
1.24 -> £41.67
1.25 -> £40.00
1.26 -> £38.46
1.27 -> £37.04
1.28 -> £35.71
1.29 -> £34.48
1.30 -> £33.33
1.31 -> £32.26
1.32 -> £31.25
1.33 -> £30.30
1.34 -> £29.41
1.35 -> £28.57
1.36 -> £27.78
1.37 -> £27.03
1.38 -> £26.32
1.39 -> £25.64
1.40 -> £25.00
1.41 -> £24.39
1.42 -> £23.81
1.43 -> £23.26
1.44 -> £22.73
1.45 -> £22.22
1.46 -> £21.74
1.47 -> £21.28
1.48 -> £20.83
1.49 -> £20.41
1.50 -> £20.00
1.51 -> £19.61
1.52 -> £19.23
1.53 -> £18.87
1.54 -> £18.52
1.55 -> £18.18
1.56 -> £17.86
1.57 -> £17.54
1.58 -> £17.24
1.59 -> £16.95
1.60 -> £16.67
1.61 -> £16.39
1.62 -> £16.13
1.63 -> £15.87
1.64 -> £15.63
1.65 -> £15.38
1.66 -> £15.15
1.67 -> £14.93
1.68 -> £14.71
1.69 -> £14.49
1.70 -> £14.29
1.71 -> £14.08
1.72 -> £13.89
1.73 -> £13.70
1.74 -> £13.51
1.75 -> £13.33
1.76 -> £13.16
1.77 -> £12.99
1.78 -> £12.82
1.79 -> £12.66
1.80 -> £12.50
1.81 -> £12.35
1.82 -> £12.20
1.83 -> £12.05
1.84 -> £11.90
1.85 -> £11.76
1.86 -> £11.63
1.87 -> £11.49
1.88 -> £11.36
1.89 -> £11.24
1.90 -> £11.11
1.91 -> £10.99
1.92 -> £10.87
1.93 -> £10.75
1.94 -> £10.64
1.95 -> £10.53
1.96 -> £10.42
1.97 -> £10.31
1.98 -> £10.20
1.99 -> £10.10
2.00 -> £10.00
2.02 -> £9.80
2.04 -> £9.62
2.06 -> £9.43
2.08 -> £9.26
2.10 -> £9.09
2.12 -> £8.93
2.14 -> £8.77
2.16 -> £8.62
2.18 -> £8.47
2.20 -> £8.33
2.22 -> £8.20
2.24 -> £8.06
2.26 -> £7.94
2.28 -> £7.81
2.30 -> £7.69
2.32 -> £7.58
2.34 -> £7.46
2.36 -> £7.35
2.38 -> £7.25
2.40 -> £7.14
2.42 -> £7.04
2.44 -> £6.94
2.46 -> £6.85
2.48 -> £6.76
2.50 -> £6.67
2.52 -> £6.58
2.54 -> £6.49
2.56 -> £6.41
2.58 -> £6.33
2.60 -> £6.25
2.62 -> £6.17
2.64 -> £6.10
2.66 -> £6.02
2.68 -> £5.95
2.70 -> £5.88
2.72 -> £5.81
2.74 -> £5.75
2.76 -> £5.68
2.78 -> £5.62
2.80 -> £5.56
2.82 -> £5.49
2.84 -> £5.43
2.86 -> £5.38
2.88 -> £5.32
2.90 -> £5.26
2.92 -> £5.21
2.94 -> £5.15
2.96 -> £5.10
2.98 -> £5.05
3.00 -> £5.00
3.05 -> £4.88
3.10 -> £4.76
3.15 -> £4.65
3.20 -> £4.55
3.25 -> £4.44
3.30 -> £4.35
3.35 -> £4.26
3.40 -> £4.17
3.45 -> £4.08
3.50 -> £4.00
3.55 -> £3.92
3.60 -> £3.85
3.65 -> £3.77
3.70 -> £3.70
3.75 -> £3.64
3.80 -> £3.57
3.85 -> £3.51
3.90 -> £3.45
3.95 -> £3.39
4.00 -> £3.33
4.10 -> £3.23
4.20 -> £3.13
4.30 -> £3.03
4.40 -> £2.94
4.50 -> £2.86
4.60 -> £2.78
4.70 -> £2.70
4.80 -> £2.63
4.90 -> £2.56
5.00 -> £2.50
5.10 -> £2.44
5.20 -> £2.38
5.30 -> £2.33
5.40 -> £2.27
5.50 -> £2.22
5.60 -> £2.17
5.70 -> £2.13
5.80 -> £2.08
5.90 -> £2.04
6.00 -> £2.00
If you have found this calculator handy, make sure to bookmark our bet calculator so you can easily access this lay bet and other betting calculators at any time.
