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.
