In cricket betting, back and lay are two fundamental concepts used in betting exchanges. Back means betting on a team or player to win, while lay means betting against them - essentially acting as the bookmaker.
In the Indian context, these terms are commonly used on platforms like Betfair and other betting exchanges that operate in India. Many Indian bettors use these strategies while betting on popular cricket tournaments like IPL, World Cup, and bilateral series.
The back bet is similar to traditional betting where you support a team to win. For example, if you back India to win against Pakistan, you profit if India wins. The lay bet is the opposite - you\“re betting that India won\“t win, so you profit if India loses or the match ends in a draw.
Indian betting enthusiasts often use these terms in Hindi conversations as बैक और ले, understanding that back represents support for a team and lay represents opposition to a team\“s victory. |
