What is Live Betting?
Our Live Betting, a WSEX trademark, allows you to bet on a live event during play. In fact, World Sports Exchange was founded by options traders who wanted to combine the two most exciting environments around: the sportsbook and the trading floor. In a Live Betting event, a client buys and sells contracts on the outcome of his/her choice. At the end of the event, the winning side pays off at $100/contract; all other contracts are worth zero. Prices are updated continuously throughout play, meaning that the value of individual contracts fluctuates based on the contestants’ performance.
Live betting is an exciting form of sports betting that has become very popular as an online service. Live betting combines the suspense of live sports events with the thrill of gambling. Live betting provides a mix of endless entertainment and – for the expert bettor – large potential returns. Live bets are placed on sports games as they are still in progress. In live betting, the odds are adjusted over time depending on changes in the game score. If a team is behind, the odds adjust accordingly, sometimes by the second. Live betting requires a good bit of intuition. In football (soccer), for example, the best betting results are achieved by guessing which team is going to shoot the next goal. The live betting odds are high when one team is behind 0:2 or 0:3 and a bet is wagered on a return goal by the losing team. This particular situation requires the live bettor to act quickly, since a goal by the losing team becomes more likely with every passing second and this, in turn, drives d
