What you see isn't always what you getĪnother thing you should be privy to before pushing the submit button on those live bets is that the book doesn’t have to take your wager at the odds you see on your screen. Just like a pregame bet, however, an in-game bet is locked in once accepted, no matter where the in-running odds swing or what happens in the game you’re betting on (beyond the usual restrictions for qualifying results/playing time required). Super Bowl is known for its bigger betting limits, but in-game odds come with their own set of parameters compared to pregame options. Right there, books have a baked-in advantage in terms of hold.Īlso, pay attention to in-game bet limits on how much or how little you can get down on in-game odds. It could be covering the operating cost or just milking a market desperate to get action down: whatever it is, it will cost you more than the standard flat rate of -110 to bet an in-game line than a pregame line. First, most in-game odds come with a bit of a tax compared to pregame odds. Live betting basicsīefore you blindly dive into the live odds, there are some things you need to know. In European markets, live betting often eclipses the pregame handle. Live betting has surged in popularity within the expanding North American markets in recent years and is making up a significant amount of the books’ overall handle on sports. Those numbers will constantly be on the move – adjusting but also coming off the board and going back up – as the game/event unfolds and bettors can place a wager at pretty much any time.Īs mentioned, in-game betting has been part of the global gaming industry for a while now but is still relatively new in places like Nevada sportsbooks, which only adopted live wagering in 2011 and expanded on it with the growth of smartphones over the past decade. The operators will use the closing odds on a game (the final odds set before a game starts), as well as factoring in any risk or liability, to formulate their opening in-game odds.

The most basic live odds available are point spreads, moneylines and totals. The concept is simple: sportsbook operators offer “live” odds during the course of a game or event, which adjust and change according to the action on the field but also the action at the book itself.

For the better part of two decades, live betting (also known as in-game, in-play or in-running odds) has been a fixture for online sportsbooks.

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