What is Back and Lay in IPL Betting?

Back and Lay Betting Explained with IPL Examples

You can place back or lay bets on the Dafabet or Fun88 exchange if you are from India. There are not too many other legal exchanges that we recommend here at BettingGuide.com, but you should not need any others.

The Fun88 exchange is powered by Betfair, which is known as the best betting exchange in the world. Sadly, players from India cannot directly join Betfair anymore, but you can still play on an exchange powered by Betfair using Fun88!

Back Betting Explained

• Definition: When you place a "Back" bet, you are betting on a particular outcome to happen. You're supporting your chosen team or player to win. It's similar to the betting you do with traditional bookmakers, where you stake money on the outcome you believe will occur.
• Example in IPL: If you back the Mumbai Indians to win a match, you're betting on them to win. If they win, you win your bet; if they lose, you lose your bet.

As seen in the image of the Fun88 Exchange. The Back odds are always in blue, and the Lay odds are in pink.

Lay Betting Explained

• Definition: Placing a "Lay" bet means you are betting against a particular outcome to happen. You're taking the position the bookmaker usually takes. In essence, you're saying the team or player will not win the match.
• Example in IPL: If you lay the Mumbai Indians in a match, you're betting on them not to win. This means you win your bet if they lose or if the match ends in a draw (if applicable). You lose the bet if the Mumbai Indians win the match.