BetBTC – What is Lay and Back Betting ?

  Hi! In this video we’ll explain you what’s Back and Lay Betting on BetBTC. We’ll be simulating some bets to help you understand the differences between them. When you place a Back Bet you are betting ON a team: If your selection wins you will win your bet, but if any other selection wins you will lose your bet On the other hand, when you place a lay bet you are betting AGAINST a selection: This means that If your selection wins, you lose, if any other selection wins, you will win your bet. It may seems kinda confusing on the beginning so let’s take a look at the following examples. We’ll start by placing a 10 mili-bitcoin BACK bet on Liverpool at the best available market odd of 2.06. This odd has currently slightly half a bitcoin available to be matched, so on this example our little bet…

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