For many years, the only way to bet on sport was to place your bet in advance and then wait patiently to find out whether you had won or lost. All that changed with the arrival of in-play betting. It was the betting exchanges that first pioneered the in-play betting markets. Nowadays many online bookmakers have followed their example and also offer similar in-running markets.
The advantages of betting on sports in-play compared to traditional wagering are well known among bet exchange users. When a market is in-play it simply means that the sporting event you are betting on has started. The betting odds for each outcome or result will fluctuate throughout the duration of the event. Obviously, the odds will change as a result of what happens during the event.
Soon after in-play betting was introduced people quickly realised that the movement of betting odds was a potential money spinner. It simply required backing an outcome and then laying that outcome at lower odds. Alternatively, the lay bet could be placed followed by the back bet. This kind of betting is referred to as betting exchange trading.
Many bookmakers who initially opposed the arrival of the betting exchanges also offer a range of in-play markets. However, these markets do not contain the same amount of liquidity as the popular exchanges such as Betfair and Betdaq. Betting while the game is in progress opens up many new opportunities for the sports betting enthusiast as it is now possible to react to what is happening on the field of play.
If you are watching a sporting event unfold on live television, you can make a quick profit by placing a bet that is directly influenced by what you are seeing on TV. You need to be fast though because some television companies use a time delay to deter this practice. This is just one of the advantages of betting on sports in-play.
Discover how to make money from the ultimate in-play betting market. Just visit Betfair Tennis Trading where you will find some valuable resources on this subject. The author is an experienced sports journalist with a keen interest in soccer, poker and financial investments. You can see more of his work at Football Betting System the popular soccer trading guide for use on the sports betting exchanges.
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