What is Live Betting?
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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 action of a sportsbook with the excitement of the trading floor.
In a Live Betting (or Interactive, as it is sometimes known) 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.