Most people are familiar with the traditional style of sports betting, where a wager is placed before the start of an event. In this article, we explore the new world of live betting and showcase the benefits for customers using this in their betting strategy.
What is Live Betting?
Betting on sports live is the best way for fans to get in on the action as the match takes place. Bookies that accept live bets provide odds that fluctuate based on the stage in the match, the position of the play, other people’s wagers, and more. Nearly all the top sportsbooks offer live betting, and in many regions, it can be done with the simple click of a button or via a quick phone call. Live betting isn’t exclusive to any sport, and these days customers can place live bets on baseball, basketball, cricket, e-Sports, football, golf, hockey, MMA, motorsports, rugby, tennis, volleyball, snooker, and nearly any other major sport event.
Benefits of Betting on Sports Live
Compared to pre-match bets, betting on sports live offers many benefits. People can use a variety of betting strategies and take advantage of moving odds and live match conditions. We’ve provided a quick summary of the best online casino sites offering live betting benefits, which can include live dealer games or live sports betting.
Real-Time Odds
The main benefit of betting on sports live is the real-time moving odds. Customers no longer have to accept the odds offered at the start of the match and can wait for a more favorable time to place a bet. A good example of this is the Over/Under market for football matches. If a match has high goals, but the first half ends 0-0, then the odds for Over 2.5 Goals would rise. Now betting on this outcome would produce more profit than placing the wager at the start of the match.
More Opportunities
Betting on sports live is an excellent way to find more opportunities by using live events, player injuries, bookings, weather, and more to find profitable situations. There are many scenarios that can occur during a sports match. For example, the weather could turn and start raining. This may have a serious impact on a team’s performance, and if one team performs better in these conditions, then a live wager on them to win could be an excellent opportunity. Watching the sports match live can present many unique betting opportunities, including a player being sent off, a team’s top player has an injury, an early and unexpected goal from the underdog, the favorite team being down at halftime, and more. The best way to find these opportunities is to watch the sports match live, study the odds, and wait for the right timing.
Freedom of Choice
Users who bet on sports at the top sites can enjoy the freedom to place bets before and during the match. This freedom allows people to place pre-match wagers, and live bets on the same match. Customers love this freedom and can now bet on many outcomes at different stages of the match, providing more opportunities to place successful bets.
Hedge Bets
If users place a pre-match bet on a team to win, and during the match the team is up, the odds can change, and sometimes profitable hedge bets can be placed. By hedging bets, users can protect their initial stake, guaranteeing a profit for the match. For example, if someone bets on the underdog to win, and during the match the team is up at half time, the odds for the other team to draw/win may be worth betting on to secure profits.
Cash Out Options
A new feature that many online bookmakers provide is called Cash Out. This allows customers to cash out and secure profits from a wager, before the event has ended. For example, if someone bets on the Away team to win, and they’re up by two goals at half-time, the cash out amount would rise and could be cashed out for early profits. By following the match live, customers can determine if it’s worth cashing out the bet, or letting it ride.
Live Betting Tips – How To Win
After reading the benefits of betting on sports live, users can use the following tips to get started. It’s important to follow responsible gambling guidelines and only place bets with money that users can afford to risk.
Research the Teams An important part of any betting strategy is to research the teams. Sites like Sofascore provide huge databases with previous matches, and important details like player lineups, ratings, score details, stats, and more. By taking the time to research the teams, people can vastly improve their chances of winning live sports bets.Watch the Match LiveWatching a match live allows anyone to get a feel for the game, see how each team is performing, and make a more educated guess on the possible outcomes. Some teams may be favored to win, but could under-perform on the day. By watching the match, punters could profit from this by betting on the other team.Place Realistic Bets While it might be tempting to bet on an outcome with a 100-1 return, but the truth is, these outcomes rarely occur, and these extravagant bet types just end up making the bookie more money. A good idea is to focus on match events that have previously occurred and have favorable live odds.Stay Updated on News and Social Media The sports world is constantly changing, with player injuries, transfers, signings, and other important team events affecting how they perform going forward. By staying on top of the latest sports news updates and social media feeds, users can form more accurate betting decisions.Use Safe Sites With The Best Betting Odds This is often overlooked, but it’s important to find the best sports betting sites with the most favorable odds. Keep in mind that these sites should be safe and protect your data. There are many sites to choose from, and each charges a margin to operate their business. The top sites have margins less than 5%, and offer odds payouts above 95% for punters.
Summary
There are many unique benefits of betting on sports live, and this type of wagering offers the best value for those serious about betting in 2022. The leading sites provide live odds for thousands of events each month, and customers can access top features including one-click betting, early cash outs, and hundreds of live betting markets.
