Will US Sports Betting Market Follow European In-Play Betting Behavior?
The sports remains in its infancy. There is a lot to learn for both bettors and operators who are new to the market. Changes will be made, as technology advances and the business evolves. One thing that we’re already starting to see, a rise in the number of in-game bets.
What’s In-Game Betting?
In-game betting is the procedure of placing a bet on a result for a game that is already in activity. A good example would be putting a bet on a kicker in an NFL game to make or miss a present field goal effort. In-game stakes aren’t just geared towards prop bets, but they also fluctuate the moneyline odds and also the disperse as a game continues.
For instance, if the Green Bay Packers are playing with the Chicago Bears, let us state that the Packers are a 7-point favored. Bettors can place bets throughout the game as that spread fluctuates with the sport. If the Packers are up by 14 in the fourth quarter, you can expect the spread to change to someplace in the range of 14 points, as opposed to the seven factors it was at before the game started. At this time you’re basically betting on just the fourth quarter after getting to see how each group played three quarters.
That is 1 reason in-game gambling has become so popular. Instead of gambling before a game starts, you can watch some of the game and get a feel for the way each team is playing before making your bet. Another attraction of in-game betting is that the rate of results. Rather than placing a wager on an MLB game until it begins and having to wait for three hours to possibly collect your winnings, an in-game wager can give a quicker turnaround. You can put a bet in the ninth inning and have your money in minutes. Another option would be to bet on the effect of a field target like we spoke about earlier. In minutes, even seconds after the field goal, you are able to collect your winnings. That speed of cover attracts some bettors who don’t like to await hours to win.
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