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Over 18's only. Matched betting requires the placement of bets on gambling sites.

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What is a lay bet?

Lay bet — A lay bet is a wager AGAINST a selection — at a betting exchange you win if the selection does NOT happen, which is what makes matched betting work.

Sophie Hughes· Editor, Beginner Guides9 May 2026

Related terms

  • Back bet
  • Liability
  • Lay stake

Read more

In-depth guide

  • Back Bets and Lay Bets

In our blog

  • What Is Matched Betting? A Beginner's Guide (2026)

See it in action

The free tutorial walks the same concepts through real bookmaker welcome offers, with exact stakes and lay odds.

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