1 definition by Jack Mack

Top Definition
Betting term;
A Layer is any individual who offers odds and accepts wagers on the outcome of an event. Lays bets for backers to back
Chronicle Bookmakers have just laid a 50 grand bet on George Washington to win the 2000 guineas. They are laying this favourite for five figures favourite in the betting ring. The layers are running with fear from this gamble.
by Jack Mack April 04, 2006

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