What’s an In-Play Betting and How Does It Work?

With the rise of the Internet era and the gambling industry, in-play betting has become the most popular betting market out there. During the last few years, in-play betting has spread across the world with many professional punters now operating as full-time ‘players’, much like stockbrokers playing the stock exchange. In our article, we will explain what the features of in-betting are and how they can be used.

What’s In-Play Betting?

The concept of in-play betting is simple — it’s betting on live sports events. For example, placing a bet on a horse race while the race is being run, or on a basketball match while it’s being played. In fact, it’s the only market that allows punters to place bets after the event has started. This means that you can react to what’s going on at the live sports event and place your bets accordingly.

Most punters prefer betting on sports events before they take place, as their predictions are based on statistics and research rather than a hunch. On the other hand, in-play allows punters to either back up their predictions or change their mind about the outcome, which makes it a very attractive market.

However, note that some bonuses and promotions that you obtain from a certain bookmaker sometimes can’t be used for betting on in-play markets. So, if you stumble upon a website that provides bonus codes, for example bettingbonuscode.com, and you activate the code to claim the bonus, you might have to use the bonus credits on other betting markets. On the other hand, there are plenty of in-betting offers and promotions that are particularly designed to be used by punters during a live event.

The main characteristic of in-play betting is the constant odds change — odds fluctuate after almost every play or possession throughout the game. This form of betting is mostly an online activity, with bets being made via bookmaker’s website or a betting exchange. Furthermore, in-play betting can take place in betting shops or over the phone.

In-play betting allows punters to react to live sports events and situational variables —  injuries, goals/points, change of lineups, weather, and more. In terms of the range of markets, there is little to none difference between pre-game and in-play betting, as an in-play feature has pretty much the same markets available as the pre-game.  

How to Place In-Play Bets?

In-play betting works in the same way as using a pre-match betting market. Basically, the only difference between in-play and other betting markets is that with in-play, odds are being refreshed on a regular basis, depending on the happenings in the game.

Punters need to be very focused on both the happenings in the game and odds on the screen because there may only be a few seconds to react before odds suddenly change.

Be Aware of Your Budget

In-play betting gives an extra dimension to the betting experience and offers the potential to place different bets on different outcomes while the event is being played. However, with great opportunity comes high risk and an increased possibility of losing a lot of money if you’re not careful. It’s easy to become frustrated if you place a bet on one team, and the opposing team scores five minutes later. Therefore, anyone who wishes to gamble in this way must set themselves a limit before the event starts and try to stay clear-headed throughout the game.