Betting exchanges like OrbitX give punters the ability to lay on outcomes. This means that you can bet against a certain result of an event. It’s a type of betting that you won’t find on a typical sportsbook, and it’s a method that many players use for sure profit strategies. This is applicable to the majority of sports and betting markets you will find on OrbitX.
Cricket is one of the sports that attracts those kinds of bets. Punters from all over the world enjoy the OrbitX lay betting system on cricket, making profits by using trading and certain strategies. But how easy is it to adapt a method like that and start making money? The truth is that it’s quite simpler than it looks, and everyone can use it.
In the next few paragraphs, you’ll find out how to use OrbitX for cricket lay betting and what steps to take. You will also see some examples of how this system works to help you understand it better. Finally, there are some tips you should keep in mind for lay betting on cricket events that will prove essential for your lay betting strategies.
What is OrbitX cricket lay betting
Cricket has many leagues and competitions all over the world, and you can find most of them on OrbitX. Lay betting on cricket can be applied to all these events, including any special betting markets. But first, we should mention exactly what lay betting is and give some examples for better understanding.
If we want to express it with simple words, “lay betting” is when you bet on a result not coming. When you place a bet like that, in reality, you bet against another punter that supports this result. We can say that when you lay a bet, you become like a bookie who wagers against the bet of another player.
Let’s see an example using the OrbitX lay betting system on cricket. There is a match between Otago and Auckland for the Ford Trophy. If you lay a bet on Otago, your bet will be profitable only if Otago won’t win. Your profit will be as great as your stake. For example, if you bet 50 euros, you will earn a total of 100 euros (50 euros stake + 50 euros profit).
However, if Otago wins, you must pay the player that you bet against. This is called liability, and you must be able to cover it when you place a lay bet. In order to calculate your liability when you use OrbitX for cricket lay betting, you will need a lay bet calculator. There are many available on the net, and they will come in handy when you place lay bets.
On OrbitX, cricket betting with lay is a very common strategy for high rollers and professional players. With the platform’s ability to lay a bet, punters can trade across different betting markets to win a lot of money. If you also take into consideration the arbitrage friendly approach that OrbitX has, then you can understand why it is the ideal place to profit.
How to wager on OrbitX on cricket betting with lay?
In order to access OrbitX for cricket lay betting, you will need to open an account at Brokerstorm.com. This top brokerage will allow you to place bets not only on OrbitX but on other betting exchanges and sportsbooks as well. The procedure is quite simple and can be completed by anyone.
All you have to do is enter the Brokerstorm.com homepage and click the “sign up” button. Then you will be asked to fill in some personal information like your name, email, etc. After that, you must complete the KYC procedure by sending some necessary documents to the site to validate your ID. Finally, make your first deposit and enter OrbitX for lay betting on cricket.
On the OrbitX platform, you will find many sports besides cricket to place lay bets on. In total, there are more than 25 sports available for betting, including soccer, tennis, basketball, cricket, American sports, and many more. Additionally, OrbitX stands out from the other betting exchanges because of the extremely low commission of just 3%.
The top OrbitX lay betting cricket tips
To make a profit by using the OrbitX lay betting system on cricket, you must have some tips in mind before starting to place your wagers.
Lay Betting arbitrage
Lay betting for arbitrage is a great way to secure a profit, whatever the final outcome of an event might be. For this, you will need an arbitrage calculator to help you compare the odds you will find on any cricket match. If the odds are suitable for arbitrage, then the calculator will show exactly how much money you should bet on each outcome for a sure win.
Point spread lay bet
The use of point spread lay bets is an excellent method to include in your strategies. Point spread betting markets are about the final difference in points the two teams will have in a match. On OrbitX, lay betting on cricket on the point spread will allow you to find sure win bets and trading opportunities.
Trading
If you want to trade, you must follow how the odds change before or during a cricket match. Once you find the match you want on OrbitX for cricket betting with lay, check the odds you believe will rise. For a successful trade to work, you must lay a bet on a low odds result, and when the odds rise, you must back bet the same result to secure a profit.