Back and Lay Strategy: The Foundation of Sports Trading

If you’re serious about sports trading, mastering the Back and Lay Strategy is essential. This approach forms the backbone of how professional traders operate on betting exchanges like Betfair.

In this guide, we’ll explain what the Back and Lay Strategy is, how it works, and how you can use it to lock in profits or reduce losses—regardless of the match outcome.

🔁 What Is That?

At its core, the Back and Lay Strategy involves placing a Back Bet and a Lay Bet on the same selection—at different odds.

You aim to:

  • ✅ Back at high odds

  • ✅ Lay at lower odds

This creates a profit margin, also called green-up, hedging, or simply locking in a profit.

📈 Example of Back and Lay Strategy in Action

Let’s say:

  • You Back Arsenal to win at odds of 3.80 with €100

  • Later, Arsenal scores and their odds drop to 2.00

  • You Lay Arsenal at odds of 2.00

Now you’re guaranteed a profit no matter what happens. You can calculate your exact profit using Bet Angel, Geeks Toy, or any profit calculator.

Back and Lay Strategy Betfair

⚖️ Why Use a Back and Lay Strategy?

This method is all about:

  • 💰 Securing a profit before the match ends

  • ⚖️ Managing risk with minimal losses

  • 🧠 Taking advantage of odds movements

It’s often used in-play or for pre-match trades, where odds move due to news, goals, line-ups, or market sentiment.

💡 When to Use It?

There are two common scenarios:

  1. Pre-Match Trading – Back a selection days before and lay closer to kick-off when odds drop.

  2. In-Play Trading – Back before a goal, then lay after the goal when odds drop.

But remember: timing and execution matter!

To understand this better, read our article on trading execution.

🤖 Tools for Back and Lay Strategy

The Back and Lay Strategy becomes even more powerful with the right tools:

  • Bet Angel – For fast execution, automation, and live profit calculators

  • Geeks Toy – A customizable platform with ladder interface and green-up tools

Both tools offer free trials and tutorials to get started.

⚠️ Common Mistakes

Many traders get this wrong by:

  • Entering too late (odds already dropped)

  • Not planning the exit

  • Ignoring commission on both bets

  • Using different markets to hedge (which can reduce profit, as explained in our article on trading related markets)

🧠 Final Thoughts

The Back and Lay Strategy isn’t about guessing match results—it’s about understanding market movements, planning entry and exit, and managing your bankroll.

Use it wisely, and it can be one of the most powerful strategies in your trading toolkit.