It’s suspenseful and fun rooting for your favorite team when they’re in a match. Attempting to do live betting at the same time as spectating such a game is even more thrilling.
Live betting is different from traditional betting in that you can place your bets during the duration of a match rather than submitting them before the match starts. It allows for more interactivity in your betting strategy as the match progresses.
When doing live betting, remember that it can be highly volatile as the odds can change within seconds or minutes depending on any big developments turning around the game in one team’s favor or another.
Let’s go over 4 of the popular ways to do live betting so that you can get the most out of the activity. Remember to go to the live betting section of the betting platform of your choice to place your wagers accordingly.
1. Next Scoring Play
Betting on a next scoring play means that you are wagering on which team will make the next score within a game of soccer, basketball, football, and the like. For example, in Major League Baseball (MLB), you can wager an in-play bet of how the next run or pitch will pan out.
Of course, betting on the next scoring play is especially thrilling because you never know what will happen until the moment the action unravels. You can analyze the odds of a next scoring play succeeding by analyzing the live betting statistics on your chosen betting platform.
2. Determining the Match’s Winner
Placing a live bet whereas you predict the winner of the match is best done as close to the end of the game as possible. Anything can happen with a change in a star player’s performance, a foul occurring in the game, or some other unexpected turn that can make your bet go out of your favor. However, maintaining this strategy for betting closer to the game’s end can increase your chances of winning a live bet in this capacity. Remember that
3. Time-Sensitive Wagers
Any time-sensitive wagers during live betting is usually a form of micro betting. Winning a micro bet can mean that you have a higher return on your bet’s investment because these time-sensitive wagers involve higher stakes and usually have to be placed within 5 minutes or less of a specific event that is about to occur in the game.
In this case, be sure that you are evaluating the odds correctly and placing your bets carefully and succinctly even during the time crunch.
Rushing too quickly to place a time-sensitive wager could result in a loss of investment that could have otherwise been a win if the bet was done correctly. If necessary, watch tutorial videos and read FAQs on how to properly place a time-sensitive bet so that you are ready for when the time comes!
4. Player Performance
Betting on a player’s performance during live betting is called a prop bet. One of the types of prop bets you can place is an over/under bet. You can bet that a specific star player will score higher than the proposed average (over) or will score lower than that set number (under).
Sometimes a push may happen whereas the exact figure that the sportsbook projects on a player’s specific stat or a final winning number is equal to what really happened. Such a push means that your bet will get refunded to you.
Conclusion
Live betting is taking the sports betting world by storm as bettors are taking advantage of the thrills and benefits of the activity to possibly capitalize on a win if they are lucky. Remember that not every bet will result in a win, but your chances can be higher by implementing these strategies that we discussed. Happy betting, sports fans!
