Win markets
Each runner in a race has a Back and a Lay price. Backing wins if your horse wins. Laying wins if your horse is beaten by any other runner — so laying one horse is like backing the rest of the field.
Laying the favourite
Favourites lose more races than they win. Laying an odds-on favourite has a small liability per rupee staked, but you need to be right often. Always check the liability on your bet slip before you confirm.
Watch the market before the off
Prices change in the minutes before a race. A runner whose price is shortening is attracting money; one that is drifting is being opposed. Both can be useful signals.
Frequently Asked Questions
What does laying a horse mean?
Laying a horse means betting that it will not win. You win the backer’s stake if it loses and pay out stake × (odds − 1) if it wins.