The rich can get richer by wagering on the 2008 U.S. Open Tennis Championships, as Sportingbet.com is giving away more than $2,000 each day to tennis betting fans who win the biggest payouts using Live Betting.

Sportingbet.com’s IN:PLAY Betting is available everyday thru to the finals of the U.S. Open on Sept. 7 – and everyday the biggest IN:PLAY winner will receive a top prize of $1,500 in prize money.

The U.S. Open got underway Monday with the first round of men’s and women’s play.

IN:PLAY allows tennis bettors to wager while the match is in progress, placing bets on everything from who will win the next point or game, to who will win the match.

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Sportingbet.com will give away cash prizes to bettors who place five or more IN:PLAY bets worth $100 or more. The bettor who wins the most money betting IN:PLAY relative to their total stake each day will win $1500, while the 2nd place bettor wins $550 and the 3rd collects $230.

On Wednesday, Rafael Nadal, who recently overtook Roger Federer for the No. 1 spot in men’s world rankings, will be a huge, -10000 favorite in his second match of the U.S. Open against Ryler de Heart.

Nadal is at +150 odds to win the outright men’s championship. Federer, the reigning four-time U.S. Open champion and now World No. 2, is at +250 odds to win the men’s title, while world No. 3 Novak Djokovic is +275.

On the women’s side, Serena Williams is the outright favorite at +350, followed by Dinara Safina at +500, and Elena Dementieva and Jelena Jankovic, both at +600.

Sportingbet.com is also offering Accumulator Bets throughout the U.S. Open. Like Parlays, Accumulators are a form of Multiples Betting, a good way to bet small stakes but win big.

For example, if you like the chances of a number of players winning their matches on any day, you can place an Accumulator. And Sportingbet.com will pay bonuses of 10 to 50 per cent to winning tennis Accumulators with four or more selections. Four to 10 winning selections nets a 10 per cent bonus, while 11 to 20 winning selections will pay a 50 per cent bonus.

Check out Sportingbet.com for U.S. Open tennis betting.