The emergence of in-play betting is probably among the most significant developments in the sports betting industry. Live betting has completely revolutionized the online sports betting scene. Today, it has become a favourite way for bettors to place bets on different sports.
Nowadays, most sportsbooks provide punters with excellent live betting markets, live gaming streaming, competitive odds and much more. In-play betting is fun and has several benefits. Below, we look at some of the advantages that come with live betting.
How to Wager at In-play Markets
If you have never placed a live bet, you’ll find this information helpful. If you already know how to do it, you can still take a look or skip to the advantages part. When a game starts, the odds will keep on constantly changing depending on the progress.
Picking the right time to place a bet is important as this will increase chances of placing a bet with higher chances of winning. Obviously, to take advantage of live betting markets, your internet connection must be stable. Slow internet can make you lose out great chances.
Moreover, at some point, the bookmakers will cancel betting markets. Usually, this happens when they realize a given outcome is outrightly bound to happen. For example, if they see that a team is several goals ahead of the other or an in, they will cancel the markets.
No Need for a Pre-Game Decision
The advantage of in-play betting is that you aren’t forced to make hasty decisions before an event starts. You also don’t have to place pre-match bets, especially when you feel it’s hard to decide the team/player to choose.
Instead, live betting enables you to place bets over the course of the event. As such, you’ll have ample time to analyze how the competition is unfolding and then place your bets. Just ensure you don’t take long to decide since the markets may be closed before you bet.
While live bets are great, winning is not always guaranteed. You may find a situation where an outright outcome changes within minutes. For enjoyable sports betting, ensure you choose a great betting site. At bestbettingsites.com, there is an up-to-date list of excellent sportsbooks.
Avoid Bad Beats
The progress of a game can change in the blink of an eye. Sometimes, matches, races or whichever sport you are wagering on can change within the first few minutes. You may find an underdog outdoing your favourite team.
With in-play betting, you can avoid bad beats since you wait until an event starts to place your bet. This way, you can make sure that the player or team you predict will win has begun at an acceptable pace before locking in that wager.
Another benefit of live betting, which is quite underrated is hedging opportunities. Live betting increases your hedging opportunities, helping you realize guaranteed profits despite the outcome of the competition. This can be best understood using an example.
For this scenario, assume Team A is playing Team B, and you strongly feel that Team A will emerge the winner. Thus you decide to place a pre-game bet, maybe a money line for Team A at let’s say -120.
Once the game starts, you see that Team A is leading and the in-play option has Team B to win at +200. If you place a bet on Team B, you will be guaranteed a payout regardless of the final result. The good thing with this is that you can choose to place bets on different outcomes.
Top Sports You Can Wager on Live
Most betting sites provide live betting on different sports. You will virtually find every sport covered in some of these sites, even the less popular that you wouldn’t expect to find at online betting sites.
Some sports, such as football/soccer are more popular, offering more wagering opportunities than other sports. This, however, does not mean that you should ignore other sports available at sportsbooks.
You may be surprised to find they offer great odds and higher of winning. While trying different sports can be enjoyable, it is essential to stick to sports you know well. If you’re new to gaming, observing this rule is important, until you are maybe accustomed to other sports and leagues.
Clearly, betting on a sport that is not to your liking can make the experience less exciting. It can also be challenging to analyze such sports or players since you could have limited information about the underdogs or strong teams.
Bonuses at Live Betting Bookmakers
Online sports betting has numerous advantages. Apart from the convenience and fun it brings, it also gives the chance to enjoy various bonuses and promotions. Most of the reputable betting sites offer their customers attractive bonuses.
Registering at these sites for the first time earns you a welcome bonus which can really boost your bankroll. Mostly, welcome perks are linked to your first deposit. Bookmakers will either match your deposit with a certain percentage up to a maximum amount or gift you extra cash.
Another practice among live betting sportsbooks is to reward live bonuses. You can be eligible for such bonuses if you’ve placed a pre-game bet of a certain amount. Sites match your wager up to a given maximum amount with a bonus wager you should place once the event starts.
Live Betting on Mobile
Being able to place live bets on your mobile is convenient since you can do so from anywhere. Most online bookmakers are compatible with different smartphones and tablets, so you can place bets even when you are away from your PC/laptop.
Useful Information to Work With
Live betting gives you more information that you can use to your advantage. Having extra information makes it easier to make better judgements. With live betting, you can see how the competitors are faring on.
You also get an insight into how the teams are approaching the game. All this information is useful when making decisions, and the beauty is that it is readily accessible.