Lay the draw exit strategy
There are several different ways to close out
How to exit a wining Lay the Draw betTypically an opportunity to exit a lay the draw system bet happens when one side scores to take the lead.
If the goal is scored by the favourite, then the odds on the draw will go out, meaning the draw can be Backed for a smaller stake than the original Lay bet. The resulting profit can be spread across the three outcomes resulting in a green book where you win whatever the outcome - nice.
What happens next depends on the state of the match and the punter's appetite for risk.
If the favourite is well on top when it scores it can be a good option to leave the bet for a while. If the favourite adds a second goal, then there is little need to Back the draw and green out.
If 2-0 turns into 2-1, then the draw can be Backed, but at better odds than at the 1-0 scoreline because there will probably be much less time left in the match.
If the favourite doesn't add to its 1-0 lead, then it might be a good idea to take your winnings, especially if the run of play is fairly even.
How to exit a when the wrong side scoresSometimes a lay the draw betting strategy can be undermined by the wrong side scoring first.
Sometimes if the underdog scores fairly early in the match the combined wisdom of all the players on the Exchanges judge that this makes the draw a more likely result than when the scores were level.
This is because there is enough time left in the match for the favourite to equalise, but probably not enough for them to score twice.
In this case it can often be a good idea to take a small loss and move on - or perhaps reduce the stakes of the bet, by backing the draw for a sum smaller than the initial stake.
Yes - it's possible that the underdog will hold on to its lead or even extend it.
But the better team may equalise. You need to make a call based on your reading of how the game is going, which can be tough to do. If the favourite equalises quickly, then there should be enough time in the match for the bet to work out profitably in the end. If there's only half an hour left it may be best to get out.
If the underdog scores later in the game you can usually make a decent profit, although not as much as if the favourite goes in front.