Back-to-Lay Strategy: Profit from Shortening Odds

Traderline Team

Written by

Traderline Team

2024
4 min read

Back-to-lay is the foundation of Betfair trading. Back a selection at higher odds, wait for odds to shorten, then lay at lower odds. Guaranteed profit either way.

Back-to-Lay Essentials

  • Back first at higher odds, lay later at lower odds
  • Profit when odds shorten (decrease)
  • Perfect for favorites and strong performers
  • Requires patience and market reading
  • Use Traderline for automatic calculations

What is Back-to-Lay?

Back-to-lay = profit from odds shortening (decreasing).

Process:

  1. Back a selection at higher odds (e.g., 5.0)
  2. Wait for odds to shorten (e.g., to 3.0)
  3. Lay the same selection at lower odds
  4. Result: Guaranteed profit regardless of outcome
The Classic Strategy

Back-to-lay: Profit from odds shortening
Lay-to-back: Profit from odds drifting

Same principle, opposite direction.

How It Works: Step-by-Step

Back-to-Lay Example

Step 1: Back horse at 5.0

Step 2: Odds shorten to 3.0 (horse performing well)

Step 3: Lay horse at 3.0

Result:

  • If horse wins: Back bet wins, lay bet loses = Guaranteed profit
  • If horse loses: Back bet loses, lay bet wins = Guaranteed profit

Why Do Odds Shorten?

Understanding WHY odds shorten helps you identify opportunities.

50%
Strong Performance
Likely
Market Confidence
Historical
Positive Tendencies

1. Strong Performance:

  • Team dominates possession
  • Player wins first set easily
  • Horse takes early lead

2. Market Confidence:

  • Heavy backing from informed traders
  • Momentum builds
  • Opposition weakens

3. Historical Tendencies:

  • Team is known to perform better on specific scenarios
  • Favorable conditions (such as good substitution)
  • Tactical advantage emerges

Best Scenarios for Back-to-Lay

Favorites Pre-Match

Perfect setup: Lay favorite before match, Back if they start strong.

Favorite Back-to-Lay

Identify:

  • Strong favorite at 1.80-2.50
  • Good recent form
  • Home advantage
  • Weak opposition

Action:

  1. Lay at pre-match odds
  2. Confirm if they have a strong start
  3. Back them if they're dominating

Example: Lay at 1.80, team is not agressive early. Conditions change - back this selection

In-Play Momentum

Watch for:

  • Team scores first goal
  • Favourite breaks underdog early on the first set
  • Horse takes lead

Strategy: Back before momentum, lay after or before it builds

Underdog Value

Setup: Underdog at high odds starts performing well.

Example:

  • Back underdog at 8.0
  • They score first
  • Odds shorten to 3.0
  • Lay for guaranteed profit

Key Indicators for Success

Shortening Indicators

Back when you see:

  • Strong pre-match form
  • Favorable matchup
  • Market undervaluing selection
  • Positive team news

Lay when:

  • Odds have shortened from back price
  • Performance confirms your thesis
  • Market has corrected
  • Projected profit is on par with analysis

Spotting Odds Shortening Opportunities

Pre-Match Analysis

Research:

  • Recent form (last 5-10 events)
  • Head-to-head records
  • Home/away performance
  • Motivation levels
  • Market sentiment
  • Competition status (do they need a win?)

Green flags (odds likely to shorten):

  • Underpriced based on form
  • Strong home record
  • Favorable conditions
  • Key players fit

In-Play Analysis

In-Play Shortening Signals

Football:

  • Dominant possession
  • Creating chances
  • Controlling tempo
  • Opposition under pressure

Tennis:

  • Breaking or nearly breaking the opponent consistently
  • Strong serve (higher points scored on 1st and 2nd serves)
  • Saving break points consistently while nearly breaking opponent
  • Is able to score points against opponent's serve

Horse Racing:

  • Good position in race
  • Jockey confident
  • Horse not showing issues
  • Historically dangerous

Risk Management

Back-to-lay has higher risk than lay-to-back on some sports.

Advanced Tactics

Multiple Lays

Layer your exits for maximum profit.

Strategy:

  • Back at 5.0

  • Lay 30% at 4.0

  • Lay 40% at 3.0

  • Lay final 30% at 2.5

  • Do this if you're losing confidence on your position

  • Result: Maximize profit while closing your position

Best Markets for Back-to-Lay

Football

Match Odds: Back favorites showing strength

Over/Under: Back overs when goals likely / unders when goals unlikely

Tennis

Match Winner: Back strong performers

Set Betting: Back specific scorelines

Horse Racing

Win Market: Back well-positioned horses

Back-to-lay is the safest Betfair strategy. Master it first, then explore more advanced techniques.

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