Some people would argue that sports betting is one of the easiest ways to make money – if you know what you’re doing. But, as far as we’re concerned – live sports betting is where it’s at.
If you are not familiar with live betting, don’t worry – we got you covered. Today, we’re going to briefly walk you through everything you need to know about it. Let’s begin!
How Does It Work?
As you know, bookmakers will set the odds before the match starts. They will base the odds on a number of factors, which is why odds often change numerous times before the match begins. And, as we all know, it is not always smart to play the odds. Most of the time, the favourite does take the W, but that is not always the case, which is why most casual sports bettors lose money left and right.
And that’s exactly where live betting comes into play. Essentially, live betting is pretty much the same as regular, with the only difference being – the odds change based on what’s happening on the pitch. Let’s explain.
Let’s take a look at an imaginary match between two Premier League teams – Chelsea and Manchester City. As of lately, the Citizens have been in much better form than the Blues. Therefore, the odds before the game are slightly in their favour. Let’s say the odds of City winning the match are 2/1, a draw is 3/1, and the odds for Chelsea taking the three points home are 5/3.
Once the game starts, you can no longer place the regular bet on the game regardless of which online casino you play in. That match is locked. But before the match, you can always use the promotions and bonus.
However, live betting on that same game has just begun. So, as the game progresses, Chelsea takes control of the match, and the odds start shifting in their favour. Come 30th minute, the Blues score, and the odds are now stacked against City. Simple, isn’t it?
Can You Only Bet On The Final Outcome?
Another great thing about live betting is the fact that it’s not limited just to the final outcome bets. You can bet on goals, corners, both to score, next goal, next foul, and so on. Essentially, you can bet on pretty much everything you could before the game started, but with one major advantage – you can see what’s happening on the pitch.
Is It Easier To Win Live Bets?
Absolutely. Not only do you have the advantage of actually watching the game and seeing who plays better and how the momentum shifts, but you actually wait to place your bet until you’re almost 100% certain that you’re going to correctly guess the outcome.
Sure, the odds will drop quite a lot at that point, but if you know what you’re doing – you could accurately predict dozens of games each day. And, once you add up all the winnings – you’ll understand the appeal of live betting.
There you go. We hope we’ve done a good job explaining to you how live betting works and how you can use it to your advantage. Now, all that’s left to say is good luck and have fun.