This article will explain everything you need to know about live betting including how it works, how the odds and lines are calculated, and how it varies across different sports. That’s called Live Betting, also known as In-Play Betting, In-Running Betting or In-Game Betting. One of its fastest-growing features is the ability to make bets on the fly, live, while you’re watching the gameplay out. These days the world of sports betting is not only growing, but it’s also evolving. Those times, much like typewriters, cassette tapes, and Blockbuster Video are now completely obsolete. Once upon a time in the not too distant past, a gambler’s only betting option was to make a wager and watch the game until the end to see if the bet won or lost.