In-play sports wagering is the ability to place bets after the commencement of a sporting match or race event. The odds will change in real-time as the match or race unfolds.
In Australia, in-play wagering is permitted for online in-play betting on racing – it is only sport that is currently illegal. Otherwise in-play wagering in a retail betting outlet is also permitted. Alternatively the customer can call an operator to place a bet during live sporting matches or races.
Expanding the provision of in-play wagering would enable more effective identification of potential wagering-related match-fixing, and allow sporting codes, wagering providers and governments to realise the benefits of providing a safe, regulated product that meets consumer market demands.