M Resort debuts ‘In-Running’ sports betting
March 20, 2009
The newly opened M Resort
Spa Casino became the first U.S.
casino to offer ‘in-running’ betting –
wagering on live sporting events before and throughout the event – at its Race and Sports Book.
“You
used to have to place your bets before the game started. Once the game got
underway, all bets were off and you were sitting hoping your team pulled
through for you,” said Anthony A. Marnell, III, Chairman and CEO, M Resort.
“Now, with in-running betting, you can watch the game on TV, while sitting in
our Race and Sports Book, and update your bets in direct response to what
happens during the game – totally immersed in the
action of the game. It’s fast-moving and continuously exciting.”
The M
Resort will offer in-running bets for select games, beginning with men’s
college basketball and continuing with professional baseball and football.
Initially, in-running bets can be made on the total points of the game, the
spread or the money line. As bettors begin to utilize and understand
in-running, more options will be added so bets can also be made on
proposition-type wagers such as the number of free-throws scored during the
game, the next team to score a touchdown, or whether the next pitch will be a
strike and more.
Bettors
can make educated decisions about how the game is shaping up and actually hedge
their bets based on the action. Imagine being able to take the over in the
third quarter, or bet the total points with minutes left in the fourth quarter.
Or betting whether the next batter will strike out or the next pass will be a
touchdown.
Guests
must have an account to utilize in-running bets and can sign up inside the M’s
Race and Sports Book. The Race and Sports Book will also have extra betting
tablets, roughly the size of a notebook, for guests to check out and carry with
them anywhere in the sports book.
Guests
can join the action when they want, which means they can make a better judgment
during the game as well as hedge bets that they may have made before the start
of the event.
“With
in-running betting you are always in the game. You’re never out and never late
coming to a game,” said Marnell. “Everything is done in real time and you can
see the points, spread and money line fluctuate as the game goes on. We’re
giving M’s sports bettors the most innovative way to bet in the country and the
most exciting way to do it.”
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