If you have taken time to look at the latest football bets online, you might have noticed that most sportsbooks have a live-betting section where they offer various in-play betting markets. In-play betting or live betting involves placing wagers on ongoing sports events.
Unlike in conventional betting, where odds are fixed, punters must place their bets before the match starts. Live betting odds keep changing, allowing punters to update their wagers based on real-time game events. This type of betting is suitable for adrenaline junkies, particularly those who fully understand sports betting.
Types of In-Play Betting Markets in Football
The types of markets offered for live betting pretty much resemble those in pre-match betting. The only difference is that live betting allows you to predict different outcomes of an ongoing event. Here are the most common in-play betting markets offered by bookmarkers today:
- Match results
- Total goals
- Next goalscorer
- Winning margin
- Double chance
- Next team to score
- Asian Handicap
- European Handicap
- Both teams to score
- Player specials
Live Betting Tips and Strategies that Can Boost Your Winning Chances
Football betting strategies and tips cannot be 100% relied upon because sports betting usually depends on how lucky the punter is. That said, here are some tips and strategies to boost your winning chances when betting on ongoing football matches:
1. Research the Playing Teams
Preparation is paramount when it comes to live betting. Ensure you do thorough research on the teams playing to stay ahead of the curve. Consider reading team news from reputable sources to gather critical information such as injured and missing players, team positions, previous performances, etc.
2. Avoid Emotional Betting and Chasing Your Losses
Don’t let emotions, especially those related to a particular team or player, overshadow your judgement when placing live bets. In that case, detach yourself from previous results to avoid the mistake of chasing your losses. Instead, you should keep track of the mistakes you’ve made in the past and avoid repeating them next time.
3. Watch the Game Live
It’s advisable to watch the game you are betting on to witness the events as they unfold in real-time. This way, you can gather critical details quickly and leverage live bet markets accordingly. Knowing the live betting market options offered on a particular sportsbook will help you have an idea of when and how to use them.
4. Hedge Your Bets
In sports betting, hedging involves placing a different outcome, usually an opposite result, to reduce your chances of losing the bet. The idea here is to either minimise your losses and possibly take a guaranteed win regardless of the amount.
In most cases, this approach is used by savvy punters who understand that sometimes the outcome of a large wager may gain a much higher probability of ending in a loss.
As such, they place opposite bets to counter their initial wagers to minimise losses and potentially make some profit.
Usually, hedging works perfectly in the cases of future bets and parlays. The strategy can also be applied in live betting because the odds keep changing as the match progresses.
However, avoid placing too many in-play bets simultaneously. Two bets are enough to keep you in the right momentum.
5. Consider Line Shopping
Line shopping involves looking for the best odds and lines before risking your money. Football betting odds differ from one sportsbook to the other, and comparing in-play market odds can give you a better value for the money you stake.
Live Betting or Pre-Match Betting: Which is Better?
This depends on your situation—seasoned punters do both. With in-play betting, you can analyse odds movements as they come, allowing you to evaluate if the odds offered in the pre-betting market are actually profitable. This way, you can change your mind about how you will predict the outcome of the rest of the match.
On the other hand, pre-match betting allows you to analyse odds calmly before an event starts. Here, you have the chance to compare markets from different sportsbooks and choose the best possible odds before the ball rolls.
Nonetheless, leveraging both can increase your winning chances. Consider analysing pre-match statistics to gather critical insight that you’ll use for live betting. And when the match kicks off, ensure you watch it live to make more informed predictions.
Conclusion
It should be noted that gambling is not a reliable or sustainable way of acquiring wealth. Therefore, anyone considering partaking in any form of online gambling should do so responsibly. They should also consider gambling on reputable sites to avoid getting scammed.
