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In cricket betting, back and lay are key terms used in betting exchanges like those popular in India. Backing a team means you bet on them to win, similar to traditional betting. For example, if you back India to win a match, you profit if they succeed. Laying a team means you act as the bookmaker, betting against them winning. So, if you lay India, you win if they lose or draw. This system allows Indian bettors to trade odds and manage risks effectively in local markets. |