Lay explained

To lay a bet is to back something not to happen. For example, to lay Manchester United to win their match is to back them NOT to win. If you were to lay them, you would win your bet if they either lost or draw their match.

With CRIC you can not only lay any selection, but also choose the price you want to take, and how much you are prepared to risk. The shorter the price you wish to lay, the less money you have to risk compared to your potential reward.

Liability explained

Your 'liability' is the amount you could lose in your worst-case scenario. Your return for a win is effectively your stake (minus commission).

A lot of people prefer to lay at odds-on as liability is reduced. For example, if you lay a bet at 1.5 for ₹1000 you are liable for ₹500 and will win ₹1000 if the bet lands.

But if you lay a bet a 3.5 for ₹1000, you are risking ₹2500 for the chance to win ₹1000.

Ensure you monitor how much you are liable for and be very watchful of where you put the decimal point. If you want to lay a bet at 4.2 make sure it is just that and not 42, otherwise, it will be an expensive mistake should your selection win.

CRIC will only let you risk as much as is in your account and at the best available odds.