If you’re looking to challenge yourself and become part of the contest, there is no better way than in-play betting. This is the process of placing bets during an actual sports event. And unlike traditional betting options, this one allows you to get a taste of the action before deciding where to put your money. In other words,  live betting injects an extra dose of excitement that other markets simply can’t match. Keep reading to find out why this is an ideal option if you’re constantly toing and froing when deciding who to bet on.

In-Play Betting: Run Down

In-play betting is also known as live betting or run betting and involves placing bets after the match starts and before it ends. These betting markets are available for a long list of events, including football matches, horse races, and golf tournaments. Forget about pre-game analysis and digging up the stats. Go with the flow, take advantage of the game volatility, and pick your winners during the actual plays.

Amid the soaring popularity of live sports betting, online sports bookies have made this option widely accessible to gambling enthusiasts. In-play sports betting allows punters to react to live events as the action unfolds by monitoring situational variables such as goals and points, injuries, and tactical changes. You can place live bets at almost any brick-and-mortar or online casino.

Advantages of Betting During an Event

Apart from adding a whole new dimension to sports, live betting has numerous advantages over traditional gambling options that require you to place the bet before the game gets underway.  With in-game betting, every facet of the game is taken into consideration to update and alter the odds in real time. This enables you to assess exactly what’s going on before placing your bet.

The constantly fluctuating live betting odds aren’t the only perk. When you’re betting during the game, you can trade your position, and if you get it right, you can lock in a profit regardless of the outcome –  a process referred to as green book betting. Live in-play betting allows you to bet on Chelsea beating Manchester United, and when they go a goal up, you can lay off your stake at a shorter price to be on the safe side.

Tips and Tricks for Betting Live

  • Bet on a loser – and win big: While betting on the favorites to win seems like a no-brainer, there are exceptions to this rule. When you place a bet on a losing team that miraculously turns things around before the end of the match, you’ll make a ton of cash due to the long odds.
  • Bet against the momentum: Any beginner’s guide to in-play betting will underscore the importance of team behavior patterns. Understanding them is crucial for live sports betting. If a team enters the game after a winning streak and scores an early goal, it will boost their confidence and probably improve their odds of winning. Meanwhile, injuries of key players have a negative impact on the team’s morale. Do your homework and use the information to your advantage.
  • Hedge your wagers: This is another way to protect yourself against any potential losses by betting on more than one result or even supporting opposing sides in a competition. Let’s say you decided to do some in-play betting on horse racing. You made your pick and placed your live bet. Out of the blue, your horse starts stumbling and slowing down. This is when you can reduce the downside exposure by placing another bet on the horse that’s leading the race.
  • Do your homework: Don’t simply pick a random venue and start splurging. Do the leg work and choose one of the best online sportsbooks with the highest number of in-play markets, low minimum stakes, a range of promotions to choose from, and competitive odds. Be on the lookout for a reputable betting website with good reviews and a variety of safe and secure withdrawal options.

FAQ

How does live in-play betting work?

Live betting is a form of sports betting in which punters place their wagers while the game is in full swing. With high volatility and odds fluctuations, players can improve their chances of predicting the outcome of the games. Live odds go fast, so reacting quickly and taking your chances might be a game-changer.

What does +7 mean in betting?

Betting on a team that’s +7 means that you expect your team to get seven points from the opposing side. Sports play betting can be very volatile, so betting on +7 is very risky.

What does +325 mean in betting?

If you’re not sure how to calculate sports betting odds, you probably aren’t familiar with American (moneyline) odds either. These are determined by the plus or minus signs placed in front of the number. The (-) sign indicates the amount you need to wager in order to win $100, and the (+) sign is the amount you would win for every $100 wagered. If you come across +325 while betting in-play, you stand to win $325 in profits on $100 wagered.

Is Live betting better?

In addition to the high degree of excitement associated with run betting, you get the chance to amend your predictions and correct your mistakes while the game unfolds. Also, you can significantly reduce the risks of losing money through processes like green book betting. On top of that, you can get more value odds per hour.

What does 12 to 1 odds pay?

When it comes to in-play betting, it’s essential to be able to calculate the odds and invest your money wisely. Betting $1 on a match with 12 to 1 odds and winning will bring you a profit of $12 plus your bet, totaling $13.