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.
You can even sell contracts in a series you don't own
and profit if that contestant fails.