Definition of In-Game Wagering
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What does the term in-game wagering mean in the world of sports betting? What does the term in-game wagering mean?
"In-game wagering" is a relatively new phenomenom that has come about thanks to the proliferation of online gambling.
With in-game wagering, gamblers are able to bet on the outcome of games that have already started. As the game progresses, the odds will automatically recalibrate.
For instance, let's say that New England is playing Denver in the Super Bowl. The Patriots head into the game as 3 point favorites. After five minutes of play, the Patriots take a 14-0 lead.
Now, it's obvious that the Patriots are better than three point favorites to win after going up 14-0. With in-game wagering, a sports book will allow you to bet on the outcome of the game, taking into account the fact that the Patriots have taken an early lead.
So, in this case, the Patriots may now be 13 point favorites to win. So, if you think that the Broncos will make things close, you might want to bet on them, plus the 13 points. This is in-game wagering.
In-game wagering has become very popular thanks to smartphones. Now, no matter where you are, you can bet on a game. If you miss the start of a game, you can still wager, based on what has happened up until that point.