Lay the Draw Betting Strategy
The world of online sports is bursting with numerous winning opportunities. Various types of bets and strategies can help you bring the wins home. Besides picking match winners and outrights, unique strategies such as laying the draw can help you squeeze more out of your bets.
In our guide about the lay the draw strategies, we will help you see why this strategy is a great approach to making a solid sum of money.
What Is the Lay the Draw Strategy?
Betting on match winners and outrights is easy. You’re just picking the winner of a match or event. You can also bet on the draw or put your money on handicaps, moneylines, and other types of bets. Things are a bit different at betting exchanges. Have you ever heard of back and lay bets? A back stake is picking the winner (for example, a horse in a race) of an event, while the lay bet is completely opposite. By choosing to lay a selection, you’re essentially betting that it won’t win.
It’s the same with the lay the draw betting strategy. Contrary to putting your money on a draw, you’re betting that the event will not end in a tie by laying a draw. In simpler terms, any other result makes you a winner. This strategy is commonly used in live betting, and for a good reason. It’s almost a surefire strategy for any match, especially in football matches that are still 0-0 around the 80th minute.
For example, if you’re sure that the game you’re betting on has a high probability of goals being scored, you should employ a lay the draw strategy and make the most out of it. You can even make a profit and avoid late upsets with the cash out feature.
How to Choose the Right Games
Choosing the suitable games for lay the draw strategy is vital. Laying the draw isn’t a great bet if you have an uneventful match between 2 even opponents where nothing is happening, and a goalless draw is likely. Instead, it’s better to use it in situations where both teams are attacking, and one is expected to score.
It would be great in a match where a favorite hasn’t broken the deadlock after the 70th (or so) minute and has had plenty of chances. In this situation, you could lay the bet and wait for a goal to be scored just before the end of the match. That’s why it’s best to use this strategy at in-play betting sites in competitions like the one we mentioned.
How to Use Lay the Draw
Before you use this unique strategy, you will first have to find a match that fits all the criteria. As mentioned earlier, this isn’t a strategy that you can use in any game. Experienced bettors know they need to find a match that’s not supposed to end in a tie to profit from the lay the draw strategy.
The good news is that there are plenty of such matches in football every week. Select a game and choose the lay the draw option when you’re ready to use. Some in-play betting sites may calculate the liability, but at others, you’ll have to do things on your own. The good news is that the system calculator will determine the return as soon as you enter the stake.
However, before you lay the draw, you have to keep in mind that there are 2 ways to use it: betting and trading. They are similar, with a few slight differences that impact the outcome.
Lay the Draw Betting
By betting on lay the draw, you’re choosing the match to end in any other result than a draw. For example, if Manchester United plays Arsenal and the game ends 1-1, you’re losing your bet. If either team wins, you’ve won your lay the bet draw.
It is essentially back and lay betting by definition, so it’s not hard to learn.
Lay the Draw Trading
Expert tipsters will know when to trade a 1-1 or 2-2 draw result and bank a profit. Traders are always looking to minimize risks and make a guaranteed profit when possible. With lay the draw trading, you can trade out of position for a profit when one of the team scores. Of course, you’ll need to recognize when to use a trading strategy properly and profit from your selections.
Betfair Trading Strategy
Betfair is the world’s leading betting exchange. One of the best in-play betting sites that also offers arbitrage betting, you can use lay the draw trading strategy at Betfair to profit. It’s quite a profitable trading strategy if you find suitable matches to choose from and lay the draw properly.
We recommend reading a few lay the draw tips for this to happen. They’ll give you a great idea on which matches you can apply the draw and make a profit by trading at the right time.
How to Minimize Risk
There’s no surefire way to minimize the risk of laying the draw. Even the best lay the draw system can sometimes fail – you can’t win all the time. Minimizing risk means choosing a perfect game for the strategy and betting in play. That should reduce the risk and liability, although there’s still risk involved like other football bets.
There are, however, ways to add insurance to your lay the draw bets. These involve reading many tips and exit strategies by betting experts who have used the strategy numerous times. Laying the draw is not complicated when you get the hang of it, yet you still need to pick the right match and calculate the liability before you start betting it.
There are several ways to reduce the liability of lay the draw trades or bets. The trade is an option for sure since you’ll be trading a result for a better wager that minimizes the risk of a loss. The match must end in a tie when you back 1-1 score or back 0-0. Laying the draw, however, means any other result wins, which raises your chances of winning.
However, since nothing is guaranteed in sports, having a few exit strategies is a smart idea.
Lay the Draw Exit Strategies
Let’s use a football example to present an exit strategy when laying a draw. Say that you’re laying the draw when Manchester United is playing Arsenal. The match is 80 minutes in, and Ronaldo scores for the Red Devils. At this point, the odds for a draw should soar sky-high. If you leave it late, you could lose your profit and the liability.
In this case, it may be better to cash out or use a trading tool to take your profit. Depending on the match and the situation you’re in, it will affect the closing price. A lay the draw exit strategy is a good idea in these situations as there’s no safety net to guard your profits.
Watching the match live in these situations is a perfect decision since it’ll give you a better overview of what might happen. Paying attention to live scores will also provide you with an idea, but watching a match via live streams is much better. The best in-play betting sites will give you a chance to watch the game on your PC, laptop, or phone, so you’re always ahead of the curve with the latest developments.
Another common exit strategy is when a weaker side scores early in the game against a heavy favorite. While you’re technically winning your bet, the legal bookie assumes that the favorite will soon equalize. In this case, the draw price will not be high enough for a trade. Now you have a decision to make:
Trade for a managed loss and lay the draw again when the favorites score. It only makes sense if there’s time left to score another, not in the 96th minute. Favorites score a winning goal when they level a match against a weaker side that scored first.
If you stick to your guns, you’re essentially hoping that the underdog stays ahead for a long time so the price for a draw can go up so that you can trade. If the underdog scores another goal, you should trade for a profit.
Lay the Draw Insurance
With this bet type, you can also lay the draw with insurance. It’s that safety net most punters need when laying a draw. For example, many punters like to back 0-0, so they don’t lose anything if the match ends scoreless. These prices are usually high, but any goal scored by either side renders the insurance useless.
If you back 1-1 and lay the draw with insurance, you have more profit cover if a team scores. In this case, the profit is smaller, and this result doesn’t work on 0-0 or 2-0, for example.
Just like in blackjack, most punters will opt out against the insurance. It gives you a bit of cover but reduces your profit. Instead, you should put more effort into match selection to avoid ending up in those situations.
Lay the Draw Tips & Tricks
When you plan to lay the draw, you should put the biggest effort into match selection. It’s essential to pick the right match as failing to do so will result in no chance to trade. To choose the suitable game when you use the lay the draw strategy to make a profit, you should check the head-to-head meetings, the team’s most recent form, scores, average goal times, and scoring average. Of course, if key players, especially forwards, are missing, you should rethink your bets.
Blindly laying the draw isn’t going to bring you profit. Markets nowadays are too efficient for it, but it can still be a profitable strategy if you read blogs by expert tipsters. It also requires a lot of practice. Try focusing on a particular niche, such as the first half or specific teams. Refining the strategy and practising it should make you better at it fast.
Once you learn the basics, laying the draw is one of the easiest and most profitable strategies at betting exchanges.
Is It Still Worth Trading Ltd?
One of the most popular football trading strategies lay the draw, and can be profitable if you get the gist of it. If you want to learn how to lay the draw properly, you need to be disciplined and do your research beforehand. This strategy works best on live betting platforms, and if you’ve done proper research, you can learn how to use it efficiently and in your favor.
There’s no lay the draw alternative that works better. Master this specific strategy at exchanges such as Smarkets or Betfair, and it could prove lucrative.
Frequently Asked Questions
How to trade lay the draw?
Trading your lay the draw bet makes sense when you’ve laid a draw and scored a goal. In that case, you should make a profit by clicking on the Trade button.
Can you match lay the draw?
Technically, you can back the draw, but you’d be betting against yourself.
What does it mean to lay a bet?
Laying a bet means betting that the match will end with any team winning. You’re betting against a draw instead of backing a draw.
How to lay the draw on Betfair?
The world’s leading betting exchange Betfair has made it very easy to lay the draw. Find the match to trade and check the prices, then lay the draw using the appropriate button.