Lay the Draw - when to bet against a draw?
Sports trading requires a lot of agility and acumen from bettors. But not only: having strategy is key .
One of the simplest and most effective in games that have a draw option is the so-called draw strategy. Lay the Draw .
Like other trading techniques, this one aims to ensure that the bettor is able to open and close a position during the game, making a profit.
How does Lay the Draw work?
In this short article we will explain to you how to use this strategy and what care to take to get along with it.
In addition you will meet a little " trick” to bet against the tie in a normal bookmaker!
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What is Lay the Draw?
As we well know, the sports trading there are 2 types of bets: Back and Lay.
Back is betting in favor of a result. This is what we see in traditional bookmakers such as 1xBet or a 22bet .
It's like simply betting that an outcome of an event will occur. The standard bet type in relation to sports.
Lay is betting against the occurrence of a result. In this sense, in a football match, in the 1x2 market, you could bet on:
- Lay in the victory of a team
- Lay in the defeat of a team
- Lay in the draw
Lay the Draw is betting that the draw will not occur in a certain event!
How does it work?
But how exactly does it work to bet against the tie? See the example below:
NOTE:
The above example was taken from the website of Betfair at a time when the Covid-19 it completely stopped World Football.
In this sense, since the major leagues are unavailable, we will replace the Swedish clubs in the picture with Barcelona and Levante in order to better identify ourselves.
Let's say the match between Barcelona and Levante has a clear favorite: Barcelona (odd of 1.60) . Levante has an odd of almost 5!
We notice this by the difference of more than 3.00 points between the odds of the 2 teams. And the odd of the draw is much higher than the odd of the victory of the favorite.
Since the draw odd is quite high , we know that this outcome is not very likely to happen. Not in relation to others.
So the way you can make money betting against this tie is risking $46 to win $10 .
If you think you're risking too much to earn too little, remember that:
- With the odd of 5.6 the House assigns that the chance of the result actually ending in a tie is 17%
- But all the same, it is enough for at least someone to score a goal that you can already close your bet profitably!
This type of event is appropriate for:
- Betting against the victory of underdog , the undefeated team
- Open a bet against a draw, as it is very likely that goals will come out in the match
Betting on Lay the Draw
Note that any of the above is advantageous to the bettor. Both have a good chance of making a profit.
The good trader seeks to ensure maximum gains with minimum possible risks!
In that case why would it be more advantageous for you to bet against the tie?
First of all, because he is not interested in seeing the game result .
Can the unexpected happen and the uprising win? Yes, but that's irrelevant because you want a goal to come out in the match , regardless of who will score first.
But what do you mean?
If you open a Lay position in Levante's victory, all it takes is for the opponent to score a goal for the odds of your bet to go up. So you could close the bet with winnings.
The problem is that football is very unpredictable. It may simply happen that Levante in a deadly counterattack will score the first goal.
If this happens, you are at a loss if you bet on the favorite (Barcelona). And this is where Lay the Draw it's useful.
Opening a lay position on the draw in this game gives you more assurance that you will exit the bet with winnings.
In this case, it is enough for any of the teams to open the scoreboard. Having a goal scored, the odds of the tie go up and you close the position with profit .
Advantages of Lay the Draw
This strategy is considered by many professional traders to be one of the safest in sports trading.
In fact the LTD has as main advantage be of minimal risk if used in the right matches.
The profit is lower, of course, since the risk is also lower, but in the long run it can be more profitable for traders who do not want to open too bold positions.
It is a good technique for trading” newbies " to practice entries and exits in matches.
How can it be done without as much agility as the Scalping , it ends up bringing more calm to beginners.
Another advantage of this strategy is that it is efficient for entries in matches that are already in the second half and 0-0.
The odd of the draw may be low, and putting Lay in this result can be interesting if one of the teams is pushing too hard.
In this situation, for the reason that the odd of the tie has lowered (due to the fact that the game is already tied even in the 2nd time ), you no longer need to risk $40 to win $10, and you can risk much less.
It is up to you to read the game to decide if it is still a good idea to enter Lay the Draw in such a context.
Summing up the advantages of Lay the Draw, and the main reasons for the popularity of this type of Bet are:
- Easy to use
- Minimal risk
Care you should have with LTD
But of course not everything is profit in the life of the bettor. And, if we are going to analyze the LTD in depth, this strategy can complicate it.
Here are 3 things to be careful with!
1. First goal is from the Underdog
Take again as an example the match between Barcelona and Levante. Barca are favourites and score goals in almost every match against weak teams.
You assume that betting against the tie is a good idea. It is unlikely that the match will drag on at zero to zero.
The problem is whether the underdog , in case the Levante, score the first goal. As a rule, when this happens, the odd of the tie does not go up, but goes down.
Why? 🤔
The behavior of the odds is based on the idea that Levante will hold the game to the maximum, trying to prevent Barça from getting the draw and even turning the game around.
If the Levante goal occurs in the second half, the descent from the tie is even more dizzying.
On the other hand, this also happens because it seems clear that Barcelona will at least draw. So get ready to have this complication eventually.
Which, of course, ends up generating a risky behavior which is the opposite of what this strategy preaches.
You can expect Barça to turn the tables for the odd of the tie to go up.
2. No goals in the match
You can open a Lay on the draw before the match starts, but you can do this already in the middle of the match. In live betting it's better because it makes it easier to understand. entry point appropriate.
The problem is that there will not always be goals in every match. It may be that the 0 to 0 remains from start to finish.
Having the agility to understand when to close a bet is the best to not have losses.
Waiting too long is a mistake. In this case it is very worthwhile to establish a good stop-loss to minimize losses.
3. Consecutive Goals
In Betfair the market stops for a while when a goal comes out. You are unable to perform operations. And that can be a problem.
Let's say the score is open at 15 in the first half. The market stops. But at 17 comes out a tying goal . In the meantime you could not close the bet profitably.
To help you be in control of this situation, there are at least 3 good Sports trading Software :
- Geekstoy
- Wagertool
- Traderline
Lay no tie as Punter exists?
You may be wondering if a punter you can use Lay the Draw in bookmakers normal. And the immediate answer is: yes, he can .
And best of all, doing this is very easy. Just use the Double Chance market!
In the double Chance you bet that either team will win the game, ie: against the draw.
This is an opportunity to try to secure gains. In the case of the above example the odd is low. Which is fine if you want, above all, to minimize risks.
But be aware that both in this case and in an LTD in trading are worth the same tips that you will see below.
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3 tips for using Lay in the draw
With a lot of training you will begin to discover patterns in the way you use the Lay in the draw. This will allow to adapt to maintain earnings.
But there are 3 facts about this strategy that you need to know by heart. Check out what they are!
1. Do not use LTD in classics
First of all you need to understand that the Lay in the draw is not optimal for all matches.
Don't try to apply this strategy to every game.
Specifically, don't open Lay on the tie in classics. See the latest Gre-Nal by the Libertadores of America. A 0 to 0 and 8 expelled in total!
Balanced games turn out to be almost a Russian Kingdom. Ideally, choose matches in which there is a favorite.
Then follow the live match in order to see if this favoritism will be confirmed. Which brings us to the next tip.
2. Discover the Entry Point of each match
Some traders prefer to enter the second half of matches that are tied at 0-0.
Others find it better to put Lay in the draw before the match even starts.
We recommend that, above all, your entry point occur in the course of the game . Watch the match and keep track of the right time to enter.
It can be, for example, before a dangerous foul at the entrance to the area. Or in a counterattack. All you need is a goal, and the time for that comes when you least expect it!
3. Look for the 2nd goal advantage
This tip is for those who have more experience and confidence. And, of course, it does not suit every match.
Let's take as an example again Barcelona and Levante. If Barça score first, you already have profits betting on the Lay in the tie.
Now if Barca score a second goal, there you have it an even higher win rate . Which can be a risk...
That is why this strategy is best suited to games that have a strong favorite, in which the scenario is likely in which this team ends up winning by a comfortable margin.
Is Lay the Draw worth it?
It works as long as it is used sparingly. Do not overdo it or get plastered, thinking that all matches are good to use this strategy.
It depends a lot on 2 factors:
- A entry point perfect
- A match favorable to the non-occurrence of a draw
One thing without the other makes the Lay in the draw more harmful than beneficial. Especially if you have a stubborn profile and do not want to close a bet that is clearly losing.
Conclusion
To be successful in sports trading it is necessary to have a lot of practice and knowledge.
Know what are the best strategies and when to use them is part of that constant learning. Especially for beginners.
But whether you are experienced or new to trading, the Lay the Draw strategy is a useful option.
When used rationally, it can be a safe way to securing profits , reducing risks.
Exposure may be higher in some cases, but nothing that training and study won't solve.
That is why we recommend that you also follow our other articles on sports trading:
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Frequently Asked Questions
☝️ What is Lay the Draw?
It is betting against the occurrence of the tie in sports trading. It is a tactic used by traders in Betfair and on other exchanges.
❓ Can I use the Lay in the draw as a punter?
✅ Is LTD worth it?
It is worth if you know in which types of games it should be used. Otherwise it can be more harmful than beneficial.
