Live betting is a new innovation in online sports betting, and it has caught on like wildfire. So much so that now every online sportsbook must carry it to remain competitive. It is everywhere.
There are numerous sites that carry Live betting now. Live betting has changed the landscape of online sports betting as it requires a whole new approach compared to traditional sports betting.
But what are these new strategies and approaches? Here, we dive into everything you need to find success with Live Betting.
Live betting can be called many things. “In-Game Betting” and “Live-Play Betting” are also very popular names but, rest assured, they all mean the same thing. Live betting allows players the option to wager on games that are already in progress, and this has been a win-win for sportsbooks as well as sports bettors.
It is quite a revolutionary feature as it means sports bettors will no longer run out of time to place a wager, but, also, new strategies are being developed to effectively use the Live Betting option.
If you want to have any success Live Betting, you are going to need a new strategy, specific sports data, and some solid technology.
To be a successful sports bettor, you are going to need a successful sports betting strategy. This is true if you are a traditional sports gambler or venturing into the world of Live Betting.
It is important to realize live betting is a completely different animal than traditional sports betting. Live betting is just that, live. It is very frantic and dynamic as the lines and odds are changing at every moment as the clock and game continue on.
This adds a new wrinkle to sports gambling strategies.
Since the beginning of sports betting, players have been waiting on a game line to change. If they could just get that next point on the Under or the hook on that spread, they would place the bet.
One of the new strategies of live betting is to do just that after the game has started. As mentioned, once the game has started, the odds and lines available for live betting change constantly, and getting the line you wanted is much easier.
In every sport, at some point in a season, a home favorite will find themselves down early and sometimes even down big. In games like these, the lines and odds have swung wildly from where they started.
Of course, home teams often make a rally, especially home teams that were favored in the first place. These have become very popular wagers especially on days where there are plenty of games to choose from.
Watching a home team go from a seven-point favorite to a seven-point underdog and pouncing on those odds can be very profitable.
Now that you know what Live Betting is and two new strategies to use, let’s look at the sports data you are going to need if you are going to be successful with any Live Betting wager.
For instance, the second-half stats. The bulk of the game you’re Live Betting on is going to be the second half, so you’ll need a team that performs well in the second half.
Some teams finish strong, and some do not. This is true in every sport. Study up on second-half point averages and second-half defensive points allowed.
These two data points will help you figure out the teams that play well down the stretch.
A team’s record against the spread (ATS) can be a bit of a misleading statistic when it comes to traditional sports betting. However, it is very helpful in Live Betting.
As any game progresses, the Live Betting feature of your online sportsbook will track the score changing the odds and lines as it goes. This includes the point spread.
Knowing the team’s record ATS and the starting point spread will give you a lot of insight into the Live Betting point spread. Let’s say a team has a good record ATS when getting points, but they begin the game as an underdog.
As the game continues, the point spread moves to, and they are ahead and giving the points. Is this a good time to wager on them?
Most would say no, as this team is not in the business of winning games as much as they are covering wins with the points. Having good knowledge of every team record ATS is a big advantage when Live Betting.
To successfully use Live Betting, you are going to need the proper online sportsbook. Live betting requires sportsbooks to update games in real-time.
Of course, you can expect some lag, but it is important for them to be as up to the second as possible. Not all online sportsbooks have the tech to pull this off in a meaningful way.
While every sportsbook has Live Betting these days, not all of them should as they just don’t have the proper software. Online sportsbooks either have it or don’t, and you’ll know immediately if you are in the wrong place.
Not only should your online sportsbook be able to handle all the information coming in on Live Betting. They will also need a fast interface to make sure you are getting your wager in when you want to.
A lot can happen in a split second of Live Betting, even between clicking on a wager. The next thing you know, the score has changed, and so has the line and the odds.
Most sites require you to click on the wager. Then enter an amount for the wager. Then verify the wager and the amount. A lot can change between those three clicks, and now the bet is either changed to something you don’t want or off completely.
A slow interface is not only very frustrating for Live Betting, but it can also cost you money. Be sure to research the Live Betting feature of any online sportsbook you are considering.