We’ve all heard it a million times before. This is the greatest thing ever!
This is the best thing since sliced bread! Too often we hear these claims only
to find out that the referenced “great thing” is really just a reboot of
something old or not that exciting. Today is different, though. We can
CONFIDENTLY say that live betting is, in fact, the latest and greatest when it
comes to advancements in sports betting!

Live betting offers players the ultimate experience in entertainment,
betting flexibility, and money making opportunities. Available mainly online due
to its highly technical nature, live betting allows players to become light
years more immersed in the action with thousands of new betting options. If
you’ve never heard of the concept before or are looking to learn more, sit back
and buckle up because we are going to walk you through every aspect of live
betting. By the end of this article, you will be an equipped expert ready to get
in on the action and hopefully prove your knowledge and make some money.

Live Sports Betting Types Our Live Betting section offers an extensive range of betting types that cover all the levels of thrill, risk and rewards that you prefer. We have over 30 different betting types that include; Total Score in 5, 10 or 15 minute intervals. Our live sports betting interface allows you to stay updated on all the live lines of all your favorite sports at all times, and to place your bets while the game is in progress. The big advantage of this is that you can make split decisions based. On single plays, as well as place a hedge bet. One of the best and most basic live sports betting strategies is to wager on the heavy favorite that trails in a game but still has a good opportunity to win straight up. Bettors backing the favorite may have had to lay -300 on the moneyline before the game started, but now you may be able to get that same team at +100 in live betting. In-Play Betting MyBookie.ag Sportsbook & Casino LIVE Join 2021 Americas most Trusted Sportsbook, Bet on NFL, NBA, MLB, NHL, UFC, Boxing, College Sports to World.

Want to read about the growing popularity? Check out this
article from ESPN on the subject.

What Is Live Betting?

Historically, the only time that you were able to make bets on a game were
before the game started. Once the action was underway, you were locked into the
bets you’ve made, and that was the end of your betting until the next game.
Sportsbooks realized though that they could make a much better experience for
bettors if they developed a system to allow players to make additional wagers
during the game based on how things were going. Welcome to live betting!

Live betting, sometimes called in-game betting or betting in running, is the
ability for bettors to make additional wagers AFTER the game has already
started.

Sometimes these wagers are offered between quarters or periods, and in
some cases, they are offered after every single play or drive. Basically, you
are able to bet on a multitude of different things at any point during the game.
The number of different betting types and the frequency at which they change is
all dependent on the technological capabilities of where you are betting.

Live sportsbooks and casinos will have the fewest and sometimes no options
for live betting as it is more difficult for them technologically speaking to
keep up with the action. Online sportsbooks and casinos will have the most
options and the most variety of betting options as they have the technological
resources to keep up with the games and handle all the changing action. The joy
of this technology is that it makes everything easier on you the bettor. You
also don’t ever run the risk of your bet changing before you are able to get it
in because you never have to wait. We will discuss the differences between the
betting options later and discuss the pros and cons of each.

Types of Live Bets

The types of live bets offered are going to vary greatly depending on the
sport and depending on where you are betting. As we discussed earlier, it takes
a great deal of manpower and technology for a sportsbook to run live betting
operations. They have to set new lines in real time and don’t have days or weeks
to get prepared like they do for normal bets. For all of these reasons, the
types of bets offered are going to vary. Let’s take a look at some of the more
common types.

Traditional Bets

The same bets that were available before the start of the competition are
also going to be available after the event starts, except the odds are going to
change in real-time to depict what has happened in the game. For example, let’s
say you are live betting on a football game. At the beginning of the game, the
Dallas Cowboys are favored to win at -200. When the game starts, let’s say their
quarterback breaks his leg on the first play and the other team immediately
scores a touchdown. Obviously, the Cowboys are not as big of a favorite anymore
and are actually probably underdogs. They are already down a score, and their
star quarterback is out of the game.

With live odds, this will be
reflected, and you can then make a more reasonable wager if you think the
Cowboys are still going to win. The odds might change to +150 or something like
that giving you a much better price to bet the Cowboys. If you had bet $100
before the game, you would get $50 for a Cowboys win. If you took the in-game
bet and the Cowboys win with their backup, you would get $150. You would get
three times as much as the sportsbook now thinks the Cowboys are going to lose
based on what is happening in the game.

Best Live Sports Betting

You’ll have your standard “who will win bets,” and you’ll also have your
other bets like your over/under (totals) and such.

Prop Bets

All of your prop bets will also be available for in-game wagering if the
sportsbook or casino has the technology to keep them up to speed. These include
your for fun prop bets as well as your skill based prop bets like how many
touchdowns or goals a player will have or how many field goals a kicker will
make. You can typically find a lot of good value with these bets if you think a
player is a slow starter or is not getting the ball for a reason that is about
to change.

For example, let’s say you take the prop bet that Rob Gronkowski is going to
score over 1.5 touchdowns in a game. Let’s say Gronk is kept to zero catches and
zero touchdowns through the first half. It now looks a lot less likely that he
is going to make it to over 1.5 touchdowns, so the odds of that happening are
going to go through the roof. This means that if you take this bet at halftime
and win, you are going to get an extremely high payout. Remember that the higher
payouts almost always mean a bet that is less likely to occur. You’ll see later
that at times this is less true with in-game wagering than it is with
traditional wagers that are placed before the game.

Parlays

In-game wagering sometimes gives you the option of turning your single bets
into parlays if you want to. Let’s say you bet on a trend that you think is
going to happen and you think it’s going to continue to happen. You could add an
additional bet onto your original after the game has started to try and
capitalize on your correct prediction. Many sportsbooks will also let you create
brand new parlays with in-game wagering which is the ultimate rush.

Benefits of Live Betting

The reason we’re so excited about live sports betting is that there are so
many great benefits and reasons to play that didn’t exist before. A lot of the
benefits are similar to those you get from traditional wagers but are amplified
with this new style. Let’s take a look at some of the most popular reasons that
so many people are getting involved and loving live sports betting.

The Odds

Technically, the odds on all bets are supposed to always be correct, or
accurate to what you are betting on. The sportsbooks spend lots of time and
money hiring professionals or setting up computer systems to help them set the
perfect odds on a game. If they happen to set a line incorrectly, they stand to
lose a lot of money if bettors can jump on it before they catch it. This becomes
fairly easy and straightforward for the sportsbook when they have weeks and days
to prepare and research their lines ahead of time.

This luxury goes out the window when it comes to live sports betting. The
sportsbook is required to change odds and make predictions in real-time, and
they don’t have time to second guess themselves because they have to stay up to
pace with the game.

There are two ways that a
sportsbook might set in-game odds. The first is through a team of “brains,” or
smart bettors that have the task of setting lines. These guys and gals are the
best in the business and rarely mess up. The second way they do this is through
complex computer systems that take all the available data into account and spit
out new lines and odds in real time.

The problem for the sportsbook is that both of these systems are not perfect,
especially in a time crunch. Human error is inevitable which could result in
odds that are too far skewed one way. Computers are only really able to analyze
quantitative data and are not able to analyze qualitative data. If those are new
terms to you, quantitative data is data that has a numerical value with it,
something that can be counted. This would be like how many points the team
scored, how much time is left, how many fouls players have etc. The other is
qualitative data. This would be things that can’t be measured like team morale,
signs of injury, etc. Computers are really not capable of catching these types
of qualitative things.

The human errors and technological implications mean that it is much more
likely that you are going to find an incorrect line put out that you can jump
on.

It is not a guaranteed win or anything like that,
but it is a payout that does not match up with the likelihood of that event
happening. For example, here’s an insanely exaggerated example. Let’s say Mike
Tyson is fighting a baby penguin. The oddsmakers put out a line of Mike Tyson +
200 to win. If we saw this line, we would put every penny we had in the world on
this bet. Clearly, the sportsbook made a mistake thinking that Mike Tyson would
be an underdog against a cuddly penguin in a boxing match. Yes, this is an
exaggerated example, but milder versions of this do occur, and they occur more
often in live game betting.

Let’s look at a more realistic example here. Let’s say there is a prop bet
that Julian Edelman will catch over 5.5 passes and you’ll get paid -110 if that
happens. Let’s say Edelman comes out and catches two passes in the first drive.
The odds are going to shift to something like this for in-game betting.

Odds at start of game

Edelman to catch over 5.5 passes -110

Edelman to catch under 5.5 passes -110

After his killer first drive, the odds might shift to this.

Edelman to catch over 5.5 passes -310

Edelman to catch under 5.5 passes +290

Live Sports Betting Near Me

Obviously, the sports book thinks it is way more likely that Edelman is going
to get the over on the passes here and is now going to pay way less if he does
it but way more if somehow he does not do it. Technically, these odds are going
to be close to correct based on a lot of data and computer calculations.

But we’re going to add something new to the mix. At the end of the last play,
Edelman bashed his knee and hobbled to the sidelines off camera. The computer
and the brains did not pick up on this, but you did. Clearly, there is a chance
that he is hurt and will never get his over 5.5 passes as he is favored to do
now. In the old days before in-game betting, this would have meant nothing to
you. In the new days, though, you would slam a bet down as fast as you could on
Edelman to catch under 5.5 passes. If you bet $100 on this, you would stand to
possibly win $290 in profit just for being more observant than a computer.

Does this mean that you are guaranteed to win your bet? Of course, it
doesn’t. There’s still the chance he’s just a little banged up and comes right
back in and gets 10 catches. But, you are getting the opportunity to win more
than you really should be offered if the computer had seen his potential injury.
If the sportsbook catches wind of his potential injury, they might immediately
move the odds back to -110 on the under 5.5, but your bet is already locked in.
Realistically, you should be getting the -110 price and only get a profit of
$90.90, but because of your quick action, you now stand to win an additional
$200 on the same bet.

If you wanted to be fancy, you could even then bet $100 on the under (against
yourself) after the bets are adjusted to reflect the potential injury which
would pay $90.91. You’re now GUARANTEED to almost break even with a freeroll to
make some money.

If Edelman gets over 5.5 catches, you win $290.00 in profit from your bet
after the two catches but before they noticed the injury that you noticed.
Subtract the $100 you bet against yourself after they discovered the injury and
you get a total profit of $190.00.

If Edelman gets under 5.5 catches, you win $90.91 on the bet you put after
they discovered the injury. Subtract the $100 you bet after the two catches but
before they noticed the injury that you noticed, and you get a total loss of
$9.09.

Basically, the worst you can do is lose $9, but you have a free shot to win
$190! That to me sounds like a winning situation all thanks to live betting!

People Are Easily Influenced

This one goes hand in hand with the odds and trying to get lines that are
incorrect. Most of the time the sportsbook will put out a line that is correct.
However, you have to remember that lines are capable of moving based on how the
public is betting. We said that the brains and computers putting out the lines
were smart, but we did not say that most of the betting public is smart. The
betting public has a tendency to bet way too much with their hearts and not
enough with their head. If enough of the betting public bets incorrectly one
way, the line will move and the odds will get much better on the other side of
the bet. Let’s take a look at an example that will make this clearer.

Let’s say you are watching a football game between Team A and Team B. Here
are the moneyline odds at the beginning of the game.

• Team A -110
• Team B +105

Basically, the sportsbook thinks these two teams are pretty neck and neck,
and it’s a bit of a toss-up. The first half goes on, and Team A is driving the
ball expertly and look on fire, but every time they get down into the red zone,
there are some fluky penalties or uncharacteristic fumbles that get returned for
touchdowns. The half ends with this score and these odds:

• Team A 3
• Team B 14
• Team A +125
• Team B -110

Now, the betting public might incorrectly look at this and assume that Team B
is crushing Team A. Unfortunately, they are only basing that on the score and
haven’t been watching the game that closely. Team B is also the fan favorite, so
many of the fans want them to win which also influences betting.

In reality, Team A played much better the first half and should be able to
get through the flukes and come out with a strong second half. The betting
public doesn’t see this though and they slam their money down on Team B. Before
the halftime break is over, the line moves to this.

• Team A +200
• Team B -190

This is an amazing time for you to put a bet on Team A. The betting public
bet with their hearts and tunnel vision and moved the line significantly giving
much higher payouts on Team A. Remember that the sportsbook wants the same
amount of bets on each side of a game, so they will make the odds more enticing
on one side if there are too many bets coming in on the other side.

Again, this does not mean that you are guaranteed to win this bet. Team A’s
awful luck can easily continue, and all the silly bettors can win their bet.
But, what you have done here is gotten better odds and a higher potential payout
than you should on something happening. Being able to do that over and over is
the key to being a long-term successful winning sports bettor.

Entertainment

If you love high-paced action and love constantly looking for edges during a
game, live betting was made for you. For those that haven’t had the privilege of
experiencing it yet, it truly is one of the most fun times you can have sports
betting. Sure, there is plenty of action on traditional sports bets, and
for some people, they would prefer to get the bets out of the way and then kick
back and enjoy the game. For the rest of us that love the fast pace, it doesn’t
get any better than in-game betting. We could tell you over and over again how
much fun it is, but your best course of action is just to give it a shot
yourself and see what you think.

Benefits Wrap-Up

As you can hopefully see now, this new trend in sports betting is an
incredible step forward for the industry. Not only are you able to exploit
sportsbook mistakes and exploit bettors who aren’t as sharp as you, but you’re
able to do it all while having an absolute blast.

Live Betting Strategy

Since most everyone reading this is probably fairly new to in-game betting,
we don’t want to send you out into the wilderness without some strategy tips and
advice to get you pointed in the right direction. Ultimately, with the vastly
different types of bets and changing odds, you will be making a lot of split
second decisions and will have to develop your own winning strategy. These tips
and tricks will help you in the right direction and help you to avoid some
common pitfalls and not be labeled a sucker.

Start With a Pre-Game Bet

Most experienced in-game bettors like to start off with a pre-game bet as a
starting point. This allows you to make sure that you have done your pre-game
homework and are in a good state of mind to get in on the action of this game.
This is of course never required, but it does give you a lot more options going
into the game. In-game betting is great for salvaging bets that are going the
wrong way or pressing on bets that are going the right way. This sort of
flexibility becomes a lot easier when you have a pre-game bet to start from.
Again, this is not necessary but a good starting point.

Know Your Limits

The fast-pace of in-game betting can make it pretty easy to get carried away
if you are not on top of things. When you are making multiple bets in real time,
you need to make sure that you keep track of just how much action you have on
the line. The best way to do this for most people is just keeping a little tally
of how much you have bet in the game, and you should be just fine. If you are a
more experienced bettor who has a lot of bets going at once, you might want to
look into setting up an Excel spreadsheet on your computer to keep track of
anything.

Thankfully, the online sportsbooks will handle everything for you, and a lot
of them have great interfaces to keep track of all of your bets at once. If you
are someone who is going to be placing a lot of in-game wagers, we definitely
recommend picking a site that has a great user interface set up. This is true of
most of the sites that offer in-game betting, but just check and make sure
before you get started.

Make Sure You Are Watching the Entire Game

Surprisingly, this is one that action junkies and new bettors don’t always
follow. If you are going to be live betting on a game, make sure that you are
watching the entire game. You never know when you might catch something small
that will give you an edge over the competition. Remember our Julian Edelman
example from earlier? If you have the game off or are watching 10 games at once,
you will never catch things like that and will miss out on some potentially easy
money.

If you are going to bet in-game strictly on the
numbers, you will never be able to get an edge over the computer or identify bad
lines that move based on heart betting from the public. You’ll be basically
going about it the same way they are setting the lines, and they will always be
better at it than you.

Most people fall into the trap of not watching the complete game because they
have too much action or bets going elsewhere. If you plan to bet on a lot of
games, we recommend placing your bets on those games and then choosing one or
two at most games to live bet on. Put that game on your TV to focus on and then
just follow the scores on the bottom of your screen for your other bets if you
want to.

The idea of live betting is figuring out ways and angles to get an edge. This
is near impossible if you aren’t totally immersed in the game and actually
paying attention. Don’t worry, we aren’t saying not to have a ton of fun and
enjoy the games. We’re just saying that in-game betting does require some
attention and TLC (tender loving care) if you plan on being profitable long-term
at it.

Use Live Betting for Close Pre-Game Bets

A lot of times we will find ourselves trying to decide if we want to make a
bet before the game or not. The line is usually just about where we want it to
be, but maybe not quite there. In-game betting can help you to get the line that
you want if there happens to be a quick swing early in the game. For example,
let’s say that you want to bet on the Dallas Cowboys to win, but the pre-game
odds are only -200, and that is just not a good enough price for you.

What you can do is wait for the game to start and see if you can snag a
better price early. If the other team gets the ball and scores quickly, that
-200 could quickly change to a number much more in your favor. There is the
possibility that things start out fast for the Cowboys, and you are never able
to get a better line, but you aren’t losing any money in this scenario because
you haven’t placed any bets yet. There is also the possibility that the opening
drive looks so dominant that you no longer want to place a bet on the Cowboys.
The point here is that the in-game betting gives you some flexibility and a
second chance to make a bet at a potentially more favorable line or save
yourself from making a poor bet.

Remember that the odds are going to move to what the brains think is going to
happen. The reason we are restating this is we want to make sure you realize
that by waiting, the sportsbook is not just magically giving you a better price
because they’re nice like that. They are doing it because it has become less
likely that the Cowboys will win the game. Something will have to occur for them
to move that line in that direction. If you think the first drive or whatever
causes the line move is negligent, then take your better price and be a happy
camper 🙂

Capitalize on Bad Lines

We discussed this extensively in the odds section above. If you happened to
skip through it, we highly recommend going back and reading it as it actually
gets fairly heavy into strategy. In recap, we were drawing attention to the fact
that with pre-game, traditional bets, the sportsbook has an infinite amount of
time to set their lines and research to make sure they are perfect. They lose
this luxury with in-game betting and are much more likely to make a mistake or
set a line that does not take everything happening into account. There is just
too much going on and too many intangibles for them or a computer to keep up.
This will result in lines that you can jump on to make some easy money.

We also talked about the fact that the betting public is typically not that
smart and likes to bet more with their hearts than their heads. When they do
this with in-game betting, the lines can move quickly and can create some
favorable situations for you to pounce on. Watch for situations where you think
the lines and the bets are too dependent on minor or emotional factors. If you
can uncover these situations, you can put yourself in some great spots to make a
lot of money.

It’s important to reiterate that just because you find a bad line, it does
not mean that you are guaranteed to win that bet. It just means that you have
put yourself in a favorable situation where you have the chance to win a higher
payout than you should for whatever the bet is. For example, you could find a
bet that should be +200 for a team to win, but it is actually listed at +600.
This means that if you bet $100, you stand to make $400 MORE than you really
should. That being said, you are still an underdog and still supposed to lose
mathematically. Putting yourself in enough of these situations is the key to
being a long-term successful bettor.

Know the Interface

This should have been number one on our list, but let’s say we just saved the
best for last. Live betting interfaces can sometimes look a little different
than your traditional odds charts you are used to. They are constantly updating,
and the ever changing numbers can seem a little daunting at first. The best
advice we have is to take some time to learn the interface and see where
everything and all the options are BEFORE you start betting.

Don’t wait until right before the game to start learning how to make in-game
bets and what all the different options are. You are bound to make a mistake or
not be able to find something you need to take advantage of a hunch before it’s
too late. The numbers and betting lines change rapidly with in-game betting, so
you have to be on the ball to be able to get the bets in that you want.

Don’t Start Here

If you are absolutely brand new to sports betting, live betting is probably
not the place you want to start. We recommend starting with some basic
traditional bets and learning the ins and outs of those first. Don’t worry, live
betting will not be going anywhere anytime soon, so you have nothing to worry
about. It will be here for you when you are ready to give it a whirl. Trying to
push into this too early before you understand the basic types of bets and how
they work and payout will just cause headaches and mistakes that will make you
have a bad experience. It’s not that it is that complex, but crawl before you
walk my friend.

The Wrap-Up

As you can see, live betting is an incredibly fun style of betting that is
only possible thanks to several incredible technological advancements. If you’re
a sharp better who knows how to analyze games and feel the momentum, you have
the potential to be very successful at live betting. Make sure you’ve fully read
through this guide and fully understand all the different aspects of live
betting and how to do it. Also, make sure you read through the strategy section
so that you can attack this as an intelligent bettor poised to make some serious
cash. The sportsbooks should fear you now.

One of the most significant developments in sports betting in recent years has been the emergence of live betting. This was once a fancy aside at some sportsbooks which has now grown into a must have for operators across the industry.

Live betting affords users the opportunity to still get in on the action after the contest has already gotten underway. New markets and odds will appear throughout the contest, both of which move really quick.

That’s a good part of the appeal, as you have to be in tune to take advantage of opportunities as they pop up. While some bettors will look to take advantage of as many in-game wagers as they can handle, others will take a more targeted approach and only pounce in certain spots.

If you’re looking to get started with live betting on sports, you’ve come to the right place. We’re going to walk through everything you need to know right here, beginning with the best places you can get in on the action.

Top Sportsbooks Offering Live / In Play Betting

What is Live Betting?

Live betting refers to wagers that can be placed after a contest has already begun. Also known as in-play or in-game betting, it’s a feature that has become tremendously popular at legal and regulated sportsbooks across the US.

Once upon a time, bettors who didn’t place their wagers before a game began were out of luck. They would need to shift their focus to other events on the docket. Live betting has changed that.

In live betting, markets and odds are made available after a contest gets underway and throughout the proceedings.

For an example, let’s consider a random NFL game between the Chicago Bears and Green Bay Packers. The Packers are installed as 3-point home favorites at kickoff, and the total is set at 39.5 points for what’s expected to be a pretty low-scoring affair.

Unfortunately, you weren’t able to get in any wagers before the final whistle blew. You settle in slightly after the game begins and notice that the Bears have taken a 7-0 lead.

You log into your sportsbook account and find that there are live betting opportunities for the game. Since the underdog Bears have taken the lead, the odds reflect the new information.

You still like the Packers to win the game. Since they’re now trailing, you find that the moneyline odds are even more appealing than they were at kickoff. You place a wager on the Packers to win at the current odds and watch the action unfold.

Lo and behold, Green Bay battles back to win a defensive-minded affair by a score of 19-15. You have yourself a winning ticket, thanks to the live bet you were able to place after the game began.

We’ll walk through a number of other examples as we continue, but that’s the gist of it. Live betting opportunities will vary, but you’ll generally find standard pregame wager types such as spreads, totals, and moneylines, as well as team- and player-based prop bets.

Live betting has been a game-changer for both sportsbooks and bettors, to say the least.

How Does Live Betting on Sports Work?

For traditional sports betting, you need to have your wagers placed in advance of the start of a game. That’s not the case with in-game betting. You can place your bets after things get started all the way through to the latter stages of the contest.

In-game wagering can be used on a standalone basis when you don’t have time to get bets in before the action gets underway. Additionally, you can use live betting as a supplement to open up even more opportunities for a contest you have already placed wagers on.

Let’s suppose that you have your eyes on an upcoming NHL game between the visiting New York Rangers and Toronto Maple Leafs. The hosts have been playing well of late and are expected to win. Here’s what the moneyline odds look like before the puck drops.

• New York Rangers +130
• Toronto Maple Leafs -150

You’ve got a wager in on the favored Leafs and settle in to watch the game. Once the game begins, the Rangers come out flying and go into the 1st intermission with a 2-0 lead.

A victory for Toronto is no longer looking like a sure thing, and the live betting moneyline odds have adjusted accordingly.

• New York Rangers -130
• Toronto Maple Leafs +110

You now have a choice to make: do you place another bet on the game based on the new information, or do you take a pass and let the chips fall where they may?

After mulling it over, you decide that you like Toronto to come back after the slow start. You place a new moneyline bet at odds of +110. If your call turns out to be right, you’ll be in line for an even better return on this game than you were expecting.

The Leafs come back to tie it up in period two, so you’re looking good. After a back-and-forth final period, Auston Matthews slaps home a rocket with less than two minutes to go. The Rangers continue battling, but Toronto hangs on for a 3-2 win.

You now have two winning tickets – your pregame moneyline bet, and the in-game wager you placed. Live betting won’t always work in your favor, but it certainly does open up additional opportunities for you to consider.

Examples of Live Betting

We’ve covered live betting from a team-based perspective already. You’ll find new opportunities on moneyline and totals after the game gets underway, and even the point spread in certain situations.

Those won’t be the only kinds of opportunities you’ll come across. Here’s a few more examples of what you might see.

• NBA: Total points scored in second quarter.
• MLB: Which team will score three runs first?
• NFL: Margin at halftime?
• NHL: Final margin of victory.

Live betting goes beyond the results of the game as well. There will be player-specific opportunities sprinkled in, as well as in-game scenarios to consider.

• NBA: Zion Williamson – Over/Under 23.5 points
• MLB: Outcome of next at-bat – walk, on-base, or out?
• NFL: Next play – run or pass?
• NHL: Connor McDavid – Over/Under 1.5 points

Offerings will vary at different operators, and also keep in mind that the markets and odds move really fast. For something such as the next NFL play or outcome of the next MLB at-bat, you need to be ready to react in an instant.

As such, mobile or online access is a must to take full advantage of all that live betting has to offer.

How do the odds change when betting live events?

As mentioned, odds move fast when it comes to live betting. So how exactly do sportsbooks pull it off so quickly?

At most outfits, calculating odds is a tag-team effort between a dedicated team of sportsbook staffers and computer algorithms. On staff, you have folks that are referred to as traders, while the person in charge is generally labeled the bookmaker.

Can I Bet On Sports Online

As you would expect, software and computers are top notch, so the algorithms are constantly running and figuring out probabilities. Those are translated into odds, and that’s what makes it onto your screen.

Just like with pregame odds, when the sportsbook releases live betting opportunities, the odds will reflect the likelihood of an event happening. For team-based odds, the big favorite is more likely to win. Of course, that doesn’t mean that they always will.

When it comes to live betting based on player performance or other game-related props, pay close attention to what the odds are telling you. While longshots can come in and open up the possibility of fantastic returns, be sure to pick your spots wisely.

Approach live betting with a similar mindset to how successful bettors approach pregame: bet on what you know, stick to your bankroll, and don’t take chances on things you feel uncomfortable with.

How to Handicap Live Betting

When handicapping in advance of a game, you generally have the luxury of time to dig into the information you deem most important.

For example, College Basketball bettors may take their time analyzing recent play, power rankings, true shooting percentages, defensive efficiency, and home/road splits.

Since the in-game betting markets move so quickly, you won’t have much time to dig in. Opportunities can disappear in an instant, so those seconds you spend searching the web to find an answer may wind up being for naught.

For bettors who lean more towards gut instinct on their wagers, this isn’t much of an issue. When they see an opportunity they have a good feel for, they’re ready to go.

Folks that are more analytical in nature can have a slightly tougher time adapting for live betting. However, there’s a simple solution here: stick to what you know and the opportunities you feel comfortable with.

There is no rule saying you have to place a wager on every live betting opportunity that appears during the game. In fact, that’s a recipe for draining your bank roll quickly.

In short, you can still use an analytical approach to live betting. The knowledge you have acquired along the way will allow you to spot opportunities that make sense for your betting approach. Take advantage of the good ones that come up, and pass on the others.

Sports That are Tough for Live Betting

Live betting can be challenging when you first begin. The quick pace of the action takes some getting used to, as does knowing what to expect in terms of wagering opportunities as the game unfolds.

As such, it can be tough to live bet on any sport the first couple of times. Practice makes perfect, so those who stay focused can get past the learning curve quickly.

In terms of which sports are tougher than others, the major North American team sports are pretty equal. That said, it really comes down to what you know.

For example, if you’re a strong NFL and College Football bettor that doesn’t know much about MLB, don’t dive into MLB live betting and expect to pick it up right away. Instead, learn the MLB game from a pregame perspective, and then expand into live betting when you’re ready.

If you’re a strong basketball bettor with both NBA and College, then you’ll have plenty of opportunities to see if live betting is for you. Jam-packed slates of games will provide you with tons of possibilities, but only focus on those that you already have a good handle on.

When it comes to a sport that you know next to nothing about, you shouldn’t be live betting. While daytime Tennis or Soccer games can be tempting for those looking to pass some time, there’s no reason to put your hard-earned money at stake if you don’t fully understand what you’re getting into.

In short, if it’s a sport that you already have a great understanding of, you’ll be able to work live betting into the arsenal quickly. For sports that you’re unfamiliar with, it’s not wise to start your learning experience with live betting.

Sports Live Betting Racing

In-Game betting leads the way for US sports betting

Live betting, also known as in-play or in-game betting, has become one of the most popular features at legal and regulated online sportsbooks in the US. In a nutshell, these are wagers that you can place after the action has already gotten underway.

Opportunities will vary, and markets and odds move quickly, but that enhances the appeal for many live betting enthusiasts. In general, you’ll find in-game opportunities that are game-specific, as well as prop style bets revolving around team or individual player performance.

As with any new type of bet that you’re unfamiliar with, there is a learning curve that comes with live betting. In the beginning, it can make sense to follow along as the action plays out without actually placing any bets.

This will give you a sense of how the markets and odds move, and also let you know what to expect in terms of opportunities. When you’re ready to give it a go, stick to sports you’re familiar with. If you want to expand into a new sport from scratch, live betting isn’t the way to break in and learn.

Sports Live Cricket

Live betting provides users with the opportunity to place additional bets on games they are already engaged with. Its popularity continues to grow, so the future looks quite bright for this sports betting niche.