Sports bets can be divided into two types: pre-match and in-play. Most bets are pre-match bets, which means they're placed before the event begins. However, in some sports, like football, you can also place bets during the match. These bets are known as in-play bets, because they're placed while the game is in play. In this article, we'll look at everything there is to know about in-play betting on football matches. We'll discuss what in-play markets are available for football matches, how in-play bets work, and whether you can make money with in-play football betting.
What Is In-Play Sports Betting?
First and foremost, let's get clear about what in-play betting is. As mentioned above, in-play betting is the counterpart to pre-match betting; in other words, it's when you place bets not before, but during a sporting match. In-play betting is popular since it allows you to bet on various outcomes as the game progresses. Of course, as the game progresses, the likelihood of these outcomes can increase or decrease, so in-play betting comes with rapidly-changing odds.
In-Play Betting Markets for Football
It's important to recognize that not all betting markets are available in-play. For example, on the Betfair Exchange, the First Goalscorer market — which allows you to bet on which player will score the first goal — does not support in-play betting. The good news is that most markets do support in-play betting. The Match Odds market, where you can bet on the overall outcome of the match, does support in-play betting, as do Double Chance, Over/Under, and other markets. Do bear in mind that even in-play markets can be closed if the outcome in question does or doesn't take place. Unsurprisingly, for example, you can't bet on the Over 0.5 goals market if a goal has already been scored, or on any First Half markets if the Second Half has already started.
How Does In-Play Betting Work?
Pre-match betting is simple: unless there's big news before the match, the odds for each market stay roughly the same as the bookmaker or betting exchange gathers all of the bets. Then, during and after the game — depending on the market — the bets are settled. In-play betting is slightly more complicated, since users can place bets during the game. Naturally, as the game progresses, the odds change drastically. One reason this happens is because of any market events that occur. For example, if the Home team scores a goal, the odds for that team winning will drop, and the odds for any Over X Goals markets will drop. This is because the likelihood of those outcomes occurring increases when a Home goal is scored. Another reason that odds can change is because of the live action in the game. For example, if one team's striker currently has possession of the ball, and isn't far from the opposing team's goal, the odds of various outcomes might change.
Some betting exchanges temporarily suspend in-play markets at certain times in the game. The most common scenario in which this happens is the penalty. If a team is currently taking a penalty, then the Match Odds and Over/Under markets (and similar goal or match-based markets) will be paused until the penalty has been taken.
Pros and Cons of In-Play Betting
As you can imagine, in-play betting has a wide range of both pros and cons. In terms of pros, this type of betting obviously opens you up to a fair few more betting opportunities. Instead of simply betting on markets based on your knowledge of the match-up, you can also bet on markets based on what has happened (or not happened) during the match. Of course, this means you have more opportunities to find a winning strategy and make money with your betting. Another benefit of in-play betting is the cashout feature. Without in-play betting, you'd win or lose each bet, since you'd have to hold onto your bet for the entire duration of the game. However, in-play betting has allowed bookmakers and betting exchanges to create a cash-out feature, where you can pull money out of your stake during the match (depending on the odds at that moment) by laying your bet or selling it to another user. Once again, this opens up new possibilities for making money with betting. Last but not least, in-play betting allows you to benefit from watching and understanding the various scenarios and situations within a game.
For example, you can place bets knowing which team is in possession of the ball or based on the performance of a team in that specific match.The major con of in-play betting is the wildly changing odds. Since odds change so quickly, it can be difficult to place your bets on-time, especially when most bookmakers and betting exchanges implement 5-second placement periods or temporary suspensions.
Can You Make Money with In-Play Betting?
It should come as no surprise that you can make plenty of money with in-play betting if you land on the right strategy. If you really understand how the game of football works, in-play betting opens up a lot of opportunities to profit on that. Also, since there are more markets in in-play betting, it gives you a greater chance to find a market with what you consider to be favorable odds. (If football betting only consisted of one market, you'd be competing against the entire world to find favorable odds in that single market). With that said, bear in mind that many individuals try their hand at in-play betting, and are savvy about how various events and situations can change the odds of markets. As a result, in-play betting isn't a guaranteed path to make money; you'll still need some kind of betting system or strategy that allows you to find the best opportunities.
Our betting algorithm, Hinto, uses in-play betting to find unique, profitable betting opportunities that others don't spot. Of course, you'll have to keep your phone or computer nearby to quickly place a bet when we see a live opportunity!