Live betting is probably the most exciting form of sports betting. There are so many things that can happen as you watch a game unfold, making your betting experience more gripping for any sports enthusiast. What sets live betting apart from other types of betting is the opportunity for bettors to take advantage of the swinging dynamics and odds in a game happening in real-time.
Live betting also opens up a broader range of betting options, including micro-events within a game. Overall, live betting gives us a unique and action-packed approach to sports betting, allowing bettors to immerse themselves in the game and seize opportunities as they arise. Trust us when we say there is never a dull moment. If you’re new to live betting, you’ve come to the right place!
Do Pre-Game Homework
Before any live betting, it’s always a good idea to do pre-game homework. Research the teams, analyse their recent performances, and evaluate any relevant news or updates that might impact the game. Having a solid understanding of the teams and players involved will give you an edge when making in-play betting decisions.
This can also include learning about the teams’ strengths and weaknesses, offensive and defensive capabilities, current forms, and any tactical changes they might make during the game.
Utilise In-Game Stats
In-play betting is greatly enhanced by the availability of in-game stats. Utilise this information to your advantage. Look at possession rates, shots on target, passing accuracy, and other relevant data points provided by the live stream or sportsbook. These stats can give you valuable insights and assist you in making informed betting decisions.
Shop Around for Live Lines
When engaging in live betting, shop around for the best live lines. Different sportsbooks may offer different odds and lines during a game, so compare and choose the one that offers the most favourable terms. This practice can significantly impact your potential winnings.
Watch the Live Games You’re Betting On
This should go without saying, but watch the games you’re betting on if you want to successfully capitalise on live sports. Live streaming services provided by sportsbooks enable you to follow the action in real time. Being able to observe the flow of the game and any notable events can help you make more accurate predictions and seize lucrative opportunities.
Related: Online Betting vs Live Betting
Live Bet Favourites Trailing Early
One great strategy in live betting is to take advantage of favourites who are trailing early in the game. Analyse if the underdog’s lead is due to a temporary setback or a genuine weakness of the favourite. If you believe the favourite will make a comeback, this could be an opportune time to place a bet at more favourable odds.
Fade the Trending Point Total
In some games, the point total set by sportsbooks may be trending towards going over or under. Check whether the teams’ current pace aligns with the point total or if there are signs that the trend may falter. Fading the trending point total can present an advantageous opportunity to bet against market sentiment.
Live Bet to Hedge Other Wagers
Live betting can also be used as a hedging strategy. If you have placed pre-game bets that are not going as planned, live betting allows you to adjust your position and mitigate potential losses. By placing strategic bets during the game, you can create a hedge against your initial wagers and potentially salvage your overall betting outcome.
Waiting for Live Odds Can Create Value
Patience can be a virtue in live betting. Delaying your bets and waiting for updated live odds can create value. As the game unfolds, odds may shift dramatically in response to key events or momentum swings. By carefully monitoring the game and seizing opportunities when the odds are most advantageous, you can increase your potential returns.
Don’t Change Losses with Live Bets
One rule to live by in live betting — or in any type of betting at all — is to never chase losses. It’s easy to get caught up in the excitement of the game and try to recoup losses through impulsive bets. However, such behaviour often leads to further losses and poor decision-making. Stick to your betting strategy, and approach live betting with discipline.
Go live betting today
If you’ve reached the end of this article, you’re ready to start live betting! Always keep these tips and strategies in mind and you can increase your chances of making a profit out of live sports and eventually allow you to achieve better success in your betting endeavours.
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