Backing – i.e betting on a selection to win |
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Laying – i.e betting on a selection not to win |
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Set your own odds – request different odds to those currently on offers |
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Trading i.e – Backing and laying to make a profit as the odds move |
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In-play i.e - betting while the event is going on |
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Cash-out – Locking in a profit or loss before waiting for the event to finish |
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