Technology Leading The Way
Today’s sports betting world has changed over from back house bookies running numbers to multi-billion dollar casinos running the show. Technology has provided multiple new ways for bettors to enjoy wagering on games, all with the convenience of a smartphone or computer.
More importantly, bettors have a new way of wagering to navigate – inplay wagering! The act of wagering on a game while the game is being played. This type of wagering was unavailable before the advent of 4g technology. The speed at which data travels around the globe is now fast enough for wagers to be placed in real time.
How does inplay wagering work?
Casinos utilize a data feed called an API (automated programming interface) to update scores from around the world in mere seconds. This allows sportsbooks to take wagers all the way up till the end of a game. As scores update, so do the lines. So for example, let’s say Team A is playing Team B with both teams having equal records and ability. The line on this type of match would be close to even money. Games starting out as even propositions are offered at -110 to -115. Meaning a bettor must wager $110 or $115 (respectively) to win $100. This slightly less than equal payoff is commonly referred to as the house “vigorish” or “vig” for short.
What happens when the score changes?
As scores fluctuate, so do the betting lines. If Team A takes a commanding lead, the payoff on that team would drop considerably while Team B would offer a better payoff price. This ‘volatility’ is what makes the inplay market so amazing to follow. As scores change, so do payoffs. Sports bettors can now find just the right payoffs using Inplay Dogs.
Why Alerts?
Inplay wagering is all about finding just the right time to place a wager which is why Inplay Dogs created an alert system. Text alerts go out within seconds of finding a match to a user request. By only offering alerts, Inplay Dogs is able to help sports bettors without actually engaging in the wagering market. Taking wagers requires licenses and following strict regulations. Offering alerts only, Inplay Dogs circumvents gambling laws and is used only as an accessory to sports betting.
Who Takes The Wager?
While each state in the US has different laws regulating sports betting, most legal sportsbooks offer an app for users to place wagers. Sports bettors can use any legal online sportsbooks available. Having an account ready, sports bettors receive a text alert from Inplay Dogs, open a sportsbook app, and place a wager. All in less than a minute!