The world of football trading offers countless strategies, but few are as enduringly popular as the lay the draw strategy. This method, which emerged in the late 1990s and gained traction with the rise of betting exchanges like Betfair, has captivated traders for its simplicity and potential profitability. But what exactly is “laying the draw,” and how can you use it effectively? Let’s dive into this fascinating approach to football trading.
The lay the draw strategy involves betting against a football match ending in a draw and then capitalizing on fluctuating odds after a goal is scored to secure a profit.
What Is the Lay the Draw Strategy?
At its core, the lay the draw strategy is about betting on a match not ending in a draw. Using a betting exchange, you place a “lay” bet on the draw before the match begins. When a goal is scored, the odds of a draw increase, allowing you to back the draw at higher odds and lock in a profit regardless of the final result.
For example, imagine Chelsea is playing Crystal Palace. Before kickoff, you lay the draw at odds of 3.5 with a £10 stake, meaning your liability is £25 if the game ends in a draw. If Chelsea scores first, the odds for a draw might rise to 5.0. At this point, you back the draw at these higher odds to secure your profit margin.
Why Is It Popular?
The strategy’s appeal lies in its simplicity and flexibility:
- Straightforward Execution: You only need one goal to benefit from changing odds.
- High Goal Probability: Around 92% of football matches feature at least one goal, making this strategy feel relatively safe.
- Profit Regardless of Outcome: Once you trade out successfully, it doesn’t matter who wins or if the match ends in a draw—you’ve already secured your profit.
How Does It Work?
Step-by-Step Process
1. Pre-Match Selection
- Look for matches where goals are likely, such as games involving high-scoring teams or mismatched opponents (e.g., strong favorites vs. weaker underdogs).
- Avoid low-scoring teams or matches with closely matched opponents who may settle for a stalemate.
2. Place Your Lay Bet
- Lay the draw before kickoff at odds that provide manageable liability. For instance, laying at odds of 4.0 with £10 means risking £30 if it ends in a draw.
3. In-Play Monitoring
- Watch for goals during the game. A goal will cause the odds for a draw to rise significantly due to its reduced likelihood.
4. Exit Strategy
- After a goal is scored, back the draw at higher odds to lock in profits. For instance, if you laid at 3.5 and backed at 5.0 with equivalent stakes, you secure profit regardless of the outcome.
What If No Goal Is Scored?
If no goals are scored by halftime or another pre-determined point (e.g., 60 minutes), consider exiting your trade to minimize losses. The longer a match remains goalless, the more likely it is to end in a draw, making it riskier to stay in.
When Should You Use This Strategy?
Ideal Match Selection Criteria
- Teams with High Scoring Potential: Matches featuring attacking teams like Manchester City or Bayern Munich are ideal candidates.
- Clear Favorites: Games where one team is heavily favored often see goals as underdogs struggle to keep up.
- Cup Matches: Knockout games where teams push for results can also be suitable but avoid finals where teams may play cautiously.
When to Avoid It
- Matches between defensive teams or those known for “parking the bus.”
- Games with low stakes where teams might settle for a draw (e.g., mid-table clashes late in the season).
Risks and Challenges
While profitable when executed correctly, laying the draw comes with risks:
- No Goals Scored: If neither team scores, you may lose your stake unless you exit early.
- Underdog Goals: If an underdog scores first but then concedes an equalizer, backing the draw may not yield favorable odds for profit.
- Market Efficiency: As this strategy has become widely known, market reactions to goals have diminished over time, reducing profitability margins.
To mitigate these risks:
- Use live stats and match analysis tools to make informed decisions during trades.
- Set clear entry and exit points before starting trades to manage losses effectively.
Advanced Tips for Success
- Combine Strategies: Pair lay-the-draw with other trading techniques like over/under goals markets for diversification.
- Use Automation Tools: Betting software can help automate trades and ensure quick responses to market changes after goals are scored.
- Track Your Performance: Keep records of your trades to identify patterns and refine your approach over time.
Conclusion
The lay the draw strategy remains one of football trading’s most accessible methods due to its simplicity and potential profitability. By carefully selecting matches with high scoring potential and managing trades effectively during games, you can turn this classic approach into a reliable tool for consistent profits. However, like any trading strategy, success depends on preparation, discipline, and adaptability.
Whether you’re new to football trading or looking to refine your skills, laying the draw offers an exciting way to engage with matches while leveraging market dynamics for financial gain. Are you ready to test this timeless strategy?