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Laying Off

Laying Off logo #21217Laying off is decorating terminology for finishing an area of paintwork with very light brush strokes so as to eliminate brush marks.
Found on http://www.probertencyclopaedia.com/browse/TL.HTM

Laying off

Laying off logo #21382An interesting situation where a punter can potentially cover his bets by placing another bet. So, if two horses in a race are clearly favorites to win, and they are both placed at high odds, the punter can bet on both and still win. This is a form of laying off (which basically means lessening risk and maximizing potential returns), and though he ...
Found on https://www.encyclo.co.uk/local/21382
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