Over the last decade, advances in online technology have led an increasing number of sportsbooks to offer what’s known as in-play or live betting. Instead of placing a wager days in advance and then waiting for the results, this exciting alternative allows the punter to wager on results from the next half, next quarter, or even the next play.
Due to its popularity in recent years, you’ll be hard-pressed to find a major sportsbook that doesn’t offer a live-play option. Some of the smaller sites are still holding out, but even a number of these are offering a limited form of in-play betting.
It should be noted that not all books offer the same options. Some include a robust selection of wagering possibilities, often with a dozen or more sports to choose from. Other sites may only include a few sporting events, usually focusing on American football and soccer.
There are also significant differences between the reliability of gambling sites that offer live betting. We suggest visiting a site like legitgamblingsites.com to help you choose one.
If you’ve ever made a wager online, then you already know how to make a live bet. There’s no special trick to the process, and it all starts in the section of your sportsbook labeled “live betting” or “in-play betting.”
Once there, you’ll see the available games. It’s common for only a select number of matches to be included; otherwise, the oddsmakers could get overwhelmed.
Click on the game you’re interested in to see the available wagers. If you want to make a bet, just enter the amount and cross your fingers. It’s that simple.
The biggest advantage of live betting is the ability to capitalize on the flow of the game. Oddsmakers don’t have as much time to set their lines, so there’s always a chance that they’ll leave an opening that sharp bettors can exploit. You can also make multiple wagers on certain elements of the game, allowing you to repeatedly capitalize on your instincts. And if those instincts prove wrong, you always have the option of adjusting your strategy on the fly.
There are two major drawbacks to betting on a live event. The first is that you’re just as pressed for time as the oddsmakers, which means that you won’t be able to benefit from a great deal of analysis. The second drawback is the tendency for punters to get caught up in the moment, wagering more money than usual and abandoning their long-term strategy.
In order to get a sense of what live betting is all about, let’s look at some of the betting options for an actual game. For the purposes of this example, we’ll be using a soccer match in the Bundesliga league between Mainz and Hoffenheim. When I came across the match, it was tied 1 to 1 with 10 minutes remaining in the first half.
The first section of wagers were labeled “main bets,” and they included options for picking the leader going into half-time, the winner of the second half, or the overall winner of the game (with a tie score also being an option). A double chance wager could also be made, meaning a team would offer a payout for anything other than a loss.
The next section involved handicap bets, which allowed a bettor to alter the final score of the game. Then there were eight options under the “number of goals” section, including an over/under on the final tally, as well as the ability to predict the exact number of goals.
The site I looked at also included a number of sections based around prop bets. The most common were wagers on which player would score next, the number of corners, the number of yellow cards, and the first or last things to happen in the second half.
As you can see in the previous section, live betting includes just as many options as the more traditional form of wagering. However, the live aspect adds a sense of urgency and allows intuitive gamblers a chance to take advantage of shifting lines.
In-play betting has been growing in popularity for several years, and it can be found at almost all major sportsbooks. While the rapid pace isn’t for everyone, it’s recommended for any punter who takes their sports betting seriously. At the very least, it’s worth a try.