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You Might Also Like. Watch OWN. The types of things that can be bet on will be much more varied. In football, for example, live betting often allows for bets to be placed on things such as the halftime score, the number of yellow cards, and the number of goals scored per half, according to a comprehensive review of in-play betting research.

Bets could be allowed between quarters of the game, after drives, or even after plays. Gambling always involves a negative expected return—the house always has the advantage. Live betting works by offering betting options—which can include a range of things, such as goals scored in a period—at points throughout the game.

It depends. Online betting is increasingly legal, but it is not yet legal everywhere. In the United States, online betting is often regulated at the state level.

Regulation trackers show that it is legal and operational in 35 states and Washington, D. If you or someone you know has a gambling problem, call the National Council on Problem Gambling Helpline at , or visit NCPGambling. Technological changes have altered gambling, allowing for live betting, which refers to bets that occur while a game is in progress.

It may encourage impulse betting, which has caused experts to warn that it could fuel a gambling addiction.

Nonetheless, online and live betting are becoming increasingly legalized, generating record profits. Elizabeth A. Killick and Mark D. Victor Matheson. Supreme Court. National Collegiate Athletic Assn. et al. American Gaming Association.

David Forrest and Ian G. Live Betting: What It Is and How It Works. You may accept or manage your choices by clicking below, including your right to object where legitimate interest is used, or at any time in the privacy policy page. These choices will be signaled to our partners and will not affect browsing data.

Accept All Reject All Show Purposes. Table of Contents Expand. Table of Contents. What Is Live Betting? Understanding Live Betting. Live Betting vs. Pre-Match Betting.

The Bottom Line. Trending Videos. Key Takeaways Live betting is betting that happens during a sports or gaming event.

Live betting is a relatively new development in gambling. The ability to place many bets during a single event has changed the nature of placing bets. Live betting and the advertising around it may encourage impulse bets, causing concern that the practice may lead to a gambling addiction.

Can You Bet on a Live Game? In-play betting, or live betting, is gambling that happens during a live game. How Does Live Betting Work? Is In-Play Betting Legal? Article Sources. Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts.

We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy. Part Of.

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