Most of the time when you bet on sports, you are betting on a team, player, or horse to win. Sometimes, though, you may actually bet that a team, player, or horse won’t win. This is known as a “lay bet.” Lay betting is an excellent option when you know enough about an event to have an idea who will not win, but you are unable to make a solid call as to who will win. Maybe you know that a particular participant is unlikely to win a tournament, or that a particular horse is never going to make it to the fin