Guide to Live Betting
Betting doesn't have to end at the first pitch, kickoff, tipoff, or when the puck drops. When you take advantage of live betting, you can continue wagering while the game is in progress. No matter what your favourite sport happens to be, you'll find great live betting at online gambling sites. Everyone knows the internet is famous for giving you what you want exactly when you want it, and that trend continues with online live betting. Why not add extra excitement to every quarter, inning, or period?
Getting Familiar With Live Betting
Live betting goes by different names including in-game, in-running, or in-play betting, but the principle is always the same. You'll be able to place bets while the game or match is in progress. Live betting doesn't just let you bet on the winner of the game after it start, but you can bet on every play as it happens. When watching an NFL game, you might want to bet whether the quarterback will make first down on the current play. Baseball fans can bet on individual at bats. While hockey fans can bet on which team takes the next shot on goal.
Placing live bets is just as easy as making a conventional sports wager. All you need to do is log onto your favourite sportsbook and click on the live betting or in-play tab. You'll be presented with all the games or matches that are in progress. Just click on an event that interests you to discover all the ways to bet.
The best sportsbooks make it easy to follow the action live. Some gambling sites let you watch live broadcasts of many games in real time. Others display the action using charts, grids, and graphics. Keep in mind that in fast-paced games, the odds and available bets can change rapidly. If you find an appealing bet, it's a good idea to grab it while you can.
Live Betting Options
Once you try live betting, you'll be able to see why it's rapidly gaining popularity in Canada and around the world. It may very well transform the way you bet. With more wagering opportunities at your disposal, you can be more selective about how and when you want to bet. If you are on the fence about a particular game, you can comfortably sit on the sidelines until you get a better sense on the action.
You'll find live betting for most sports including soccer, baseball, hockey, football, esports, volleyball, tennis, handball, rugby league, UFC, cricket, horse racing, and so much more. You can place live bets on everything from Japanese basketball games to the Stanley Cup Final and Super Bowl. With games available from across the globe, you can place live bets at any hour of the day or night. There's always something exciting going on somewhere. Of course, not all sportsbooks offer live betting, but the best gambling sites do offer in-game betting opportunities on most matches.
Understanding The Odds
In-play odds aren't hard to wrap your head around. They work just like the odds you'll find when betting on games before the begin. Depending on where you bet, you'll mostly likely encounter decimal or American odds, although you might see British odds when placing soccer bets.
American odds tend to be the most confusing, but they're easy once you get the hang of them. In an NFL football game between the Buffalo Bills and the New England Patriots, where the Bills currently have the first down you may encounter the following live bet:
Team To Make 5th Score
- Buffalo Bills -120
- New England Patriots +110
A positive number beside a team indicates the profit you stand to make in dollars if you were to wager C$100. For example, if you think the Patriots are going to score next, a C$100 bet will pay C$210 for a C$110 profit. Meanwhile negative numbers specify how much you need to wager to make a C$100 profit. That means you'll need to wager C$120 on the Buffalo Bills to win C$220, for a C$100 profit. Of course you aren't required to bet the full amount. Your potential payouts will be adjusted proportionally.
Decimal odds are easier to understand. Let's take a look at an in-play bet in a baseball game between the New York Mets and Philadelphia Phillies.
Will The Mets Score A Run In The Third Inning
- Yes 3.85
- No 1.23
With decimal odds, you simply need to multiply your wager by the listed odds to calculate the total return. If you think the Mets will score and wager C$100, you stand to win C$385. You should know that decimal odds calculations include your original bet. You'll need to subtract the C$100 to calculate your profit, which is C$285 in this case. As you can imagine, these odds shift as the inning goes on, depending on the number of outs, who is at bat, and whether there are runners on base.
British odds are expressed fractionally. In a game between Liverpool and Manchester United, with the score tied 2-2, you might find the following fractional odds:
- Liverpool 13/10
- No Goal 12/5
- Manchester 8/5
In this situation a C$10 bet on Liverpool would yield a C$13 profit, a C$10 bet on No Goal would yield a C$24 profit, and a C$10 bet on Manchester would be good for a C$16 profit. Fortunately, sites let you see how much you stand to win before you place your bet, so there's no confusion. You can also usually toggle between decimal, American, and British odds for your convenience.
Live Betting Tips
Successful bettors are either knowledgeable about the teams and sports they bet on or they do ample research before placing their wagers. When you place live bets, you won't be able to deliberate for hours, days, or weeks, at a time. That means it's best to trust your instincts. You might be better at judging intangibles like momentum than any data analysis tools.
Bankroll management is important when live betting. If you want to keep placing wagers throughout the game, you'll need to ration your cash. Avoid risking all your money during the first inning, quarter, or period. It's always a great idea to give yourself the financial stamina to keep things interesting.
There are hundreds and sometimes thousands of possible live bets during the course of a game. While it's fun to have a stake in every outcome, you are far better off being selective. Stick to bets you think you can win. If you feel like chasing a longshot, it's best to be conservative. While we certainly understand the temptation to place dozens of bets, it's a good idea to remember that you have more options than ever before. So there's actually less motivation to wager right now when superior opportunities are right around the corner.
The possibilities for in-play betting are infinite, especially when you consider that gambling sites are fully compatible with your mobile and tablet. That means you can place your bets while you watch the games with your buddies at home, from your favourite bar, or even inside the stadium while you watch the action live. Of course, if the hockey game you're watching is a real snoozer, why not grab your smartphone and bet on a football game that's in progress.
Live betting really is available anywhere there's an internet connection. Just reach for your laptop or turn on your smartphone to find all the games in progress. The places you can bet are only limited by your imagination. It's simple to wager from the comfort of home, while you're at work, in the park, by the pool, when shopping with your significant other, or just about anywhere else.
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