WHAT IS IN-PLAY BETTING?

HOW TO BET IN-PLAY

If you are 40 years old or older, you probably remember the days when sports betting fans could only place their bets before games started. The digital revolution of the 2000s introduced what is called in-play betting, the most groundbreaking change in the history of sports betting. Bookmakers and betting exchanges started accepting bets during the game (in-play), allowing players to have more fun.

Currently, in-play (or live) betting accounts for over half of all bets globally. Whether the players bet online or in betting shops, on bookmakers or exchanges, the ongoing excitement of this modern type of betting has dominated the market.

WHAT DOES LIVE BETTING MEAN?

Usually, when live betting is discussed, people will think immediately of football in-play betting. While this is not completely unfair (since football still dominates the betting world), there are several other types of such markets across all sports.

For example, people commonly try to guess during the half-time break, how many more three-pointers Steph Curry will score during an NBA Game.

Or what will be the outcome of the second set of the Wimbledon final after Carlos Alcaraz cleared the first set 6-4 against Novak Djokovic?

Of course, most betting players will still bet live on which football team will score the next goal, who will be the next goal scorer, which team will win the next corner, what the game’s outcome will be, and much more.

With literally thousands of in-play betting markets available, the future promises even more variety with the gradual introduction of micro-betting in sports. This expanding landscape is sure to pique the curiosity of betting enthusiasts.

live betting

HOW TO PLACE AN IN-PLAY BET?

Naturally, live in-play betting requires action on the move. So, grab your phones, and let’s see how you can dominate this betting niche. To start with, you need to pick a great betting page, like Edge or a betting exchange. Luckily, there are many good options these days, with MadMarket being one of the most prominent.

Then, it would help if you started observing things on the game you want to bet on and the odds prices in the markets that interest you. In-play betting is more like a waiting game. Experienced players won’t bet on every single occasion and change the odds. They will either start early when they want to hedge markets that they bet on pre-game or wait for the right moment.

But the betting game won’t end when you place your bet. It is not uncommon for players who prefer betting in-play to trade on bets they played earlier, during the same game. Or apply elaborate cash-out and hedging strategies. While for most casual players, this is just another fun exercise to combine with watching the games, for more experienced betting players, this is a great opportunity to leverage on odds differences and house margin drops. But you have to decide which style suits you better.

WHY LIVE BETTING IS GOOD ON MADMARKET?

First, because their mobile products are of the highest standard, you need a great mobile platform for a good football in-play betting experience. The live betting platform can be accessed via any phone or tablet to facilitate the acceptance of bets on the go. The page will allow you to place bets in seconds, minimizing the disturbing waiting times when the live odds update.

At MadMarket, variety is the spice of life. You’ll find a plethora of events to bet on, with thousands of in-play betting markets from all the popular and less popular leagues across the globe. Whether you’re into mainstream sports or niche games, you’ll find them all here for live betting.

Moreover, it would help if you did not forget that this is a betting exchange. You don’t have to bet against the house but against other players, which means two things. First, you can find odds in games that no traditional bookmaker would offer. Secondly, no house edge allows for better odds across all sports and competitions.

FAQ

Can I cash out a live betting slip?

Of course! In-play betting coupons are in no way different from other betting slips. You create them similarly, and you can “sell” in the same way. All the rules (or most at least) that apply to regular pre-match betting apply here also. In fact, many betting websites will offer tools and promotions designed specifically for in-play betting options.

Why won't the bookmakers confirm the in-play slip immediately?

Because there is always a small delay between the speed of the feed information, the betting companies receive and the speed at which the odds update on the page. Usually, these differences can’t be noticed. However, this can cause delays here and there. The specific odds will be blocked for a few seconds until the two feeds confirm they can open again.

Can I use my welcome bonus on in-play betting slips?

Most definitely. For most bookmakers and betting exchanges, live betting options are included in the bonus rollover restrictions. You can use them to bet with the extra funds of the bonus that are added to your account as part of a bonus or a promotion.

Are there any restrictions when betting in-play?

The only real restriction is the frequent odds update. This means you might not always get the odds you want the moment you want them. And that’s why experienced players tend to observe the odds in real time to ensure they are ready to press the “place bet” button when the time is right. Please note that the betting limits for live-in-play betting might differ, including the limits on betting exchanges.

How can I get better at live betting?

Well, that’s a good question. Unlike pre-game betting, where you always have a wealth of information and analytics, here you rely more on instinct and correct reading of what happens during the event. Some forums discuss games while they happen, but the level of analysis will never be the same as betting pre-match. Therefore, you need to be more careful and try to watch the games live, especially if the betting exchange or bookies offer a live streaming option.