In-play betting (or live betting) allows wagers to be placed on sporting events after they have started. Odds are updated continuously to reflect the current state of play, with betting markets opening and closing throughout the event.
In-play betting offers more betting opportunities but requires quick decision-making. The fast-paced nature can increase gambling intensity and risk, making it important to approach with caution and preset limits.
During a football match, a bettor notices the favored team is dominating possession. They place an in-play bet on "next goal" at odds that reflect the current match situation rather than pre-match probabilities.