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In the context of cricket betting, especially in India, the terms \“back\“ and \“lay\“ are fundamental concepts used in betting exchanges. \“Back\“ means you are betting on an outcome to happen, similar to traditional betting. For example, if you back a team to win, you profit if they win. On the other hand, \“lay\“ means you are betting against an outcome, acting as the bookmaker. If you lay a team, you profit if they do not win. These methods are popular in Indian online betting platforms, allowing users to trade odds and manage risks effectively in cricket matches. |