What is Betting in Play?
Betting in play is a form of betting which allows the bettor to place a bet after the event in question has started. The possible downside of betting in play is that it requires a high degree of discipline if a bettor is going to emerge with a profit at the end of an event.
Technically, betting in play – also known as live betting or in-running betting – could be applied to virtually any event, but it is particularly popular amongst gamblers following horse racing, football and basketball.
How is Betting in Play used in Sports Betting?
There are a huge number of events on which it is possible to place a bet once the action has started. The odds on any particular event will shift as more bets are placed and the circumstances alter. In a tennis match, for example, a bet could be placed on factors such as the total number of games in a set, the number of games won to deuce in a set or match and even the winner of the next point. Advances in betting technology, particularly online streaming, make it possible to follow the ups and downs of a match, to spot when a player may be tiring or hitting a dip in form, and to bet accordingly.
During a football match, bets can be placed on the next player to score, the eventual winner, the half time result and even the next team to be awarded a corner. In most cases, the nearer to the end of an event it is, the higher the odds will be on things which haven’t happened yet, such as a particular player scoring a goal.
In general terms, betting in play offers more betting options, but requires a degree of discipline and probably more working knowledge than a simple win, lose or place bet.