Back bet

Dmitry
Khlestkin

The Back bet is one of the two types of ordinary bets at a betting exchange, which implies that a player bets on an event, which, in his opinion, will occur.

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It is a complete analog of a bet at a bookmaker. The difference lies in the principle of the exchange, where a player bets against another player, being able to specify the desired odds, and not against a bookmaker at fixed odds.

Back bets are opposed to lay bets.

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