Live Betting Tips and Strategy

» Posted on 12 / 29 / 2015
Bookmark and Share

Live Betting Tips and Strategy

One of the most enjoyable – and often profitable – innovations in online sports betting in recent years has been the explosion of live betting. This in-game betting comes in a variety of flavors, but all share one thing in common: they let you bet money on a game that’s in progress already, meaning you can get your action at the same time the players are making the action happen on the field!

Types of Live Bets

One form of in-game betting that’s well-known is the halftime bet. This is a bet that takes place during the halftime break, which allows you to bet on what you think will happen in the second half, and only in the second half. In other words, it’s not the final outcome of the game you’re betting on, but instead, it’s as though you’re looking at just the points/goals/whatever scored in the second half as a separate game entirely.

However, there’s an even more dynamic form of in-game betting that truly deserves the name of live betting. In true live betting, you can bet on the result of the game at any time during the course of play! The bookmaker will change the odds as events dictate that one team or another gains an advantage.

For instance, imagine you’re watching a soccer match where one team was a heavy favorite – perhaps they went off at -300 before kickoff. However, just five minutes into the game, the underdog scores a goal to take an early 1-0 lead. Now the live betting market is likely to undergo a major change; the favorite may now be only a slight favorite, or perhaps even an underdog! If you still like the chances of the favorite to come back and win, now would be a great time to jump on with much better odds than you could have gotten before the game.

Another thing to keep in mind is that there may be times when the market temporarily closes. This usually happens immediately after a score or a major injury – the kinds of things that would immediately send a lot of money in one direction before the sportsbook could set a more appropriate line. In these cases, the online sportsbook will close betting for a minute or two, set a new line, and then reopen for betting.

Live Betting Strategies

One of the key things that’s necessary for success in live betting is an understanding of how various in game events make the odds change. This means not only how the sportsbook will adjust the odds in response to an event, but how that event actually affects the odds of each team winning.

Since sportsbooks must constantly move lines during games with live betting, they tend to fall into patterns in how they do it – obviously, extensive research is simply not possible. This allows them to make fast changes that avoid giving away big advantages to players who can react quickly. However, that doesn’t mean that they don’t make mistakes. Such a structured approach can’t always take into account all the factors involved in an individual game, such as momentum, how well the teams are actually playing compared to what the score shows, and many other minor details. If you’re paying attention and figuring out what’s really going on during a game, you’ll often find times when you can see that one side of a live line is easy money. Also, since live lines are set quickly, different sportsbooks often set very different lines during a game. You can sometimes lock in a profit by betting on opposite sides at two different sportsbooks that have set lines which are very far apart from each other.

Finally, sites that offer live betting markets (where the odds are mostly set by bettors taking and laying bets) can also be exploited. In this case, the problem is usually that many casual gamblers are prone to overreacting to small events. You’ll often see dramatic odds shifts after a turnover in football, or a couple runners get on base in baseball. That’s your cue to take the opposite side! During a game, there are usually many of these shifts, and by taking the time-tested strategy of “buy high, sell low,” you can make consistent profits during these events.

Europa Casino

Related Articles

  • Craps – Betting Types That You Should Know

    Craps - Betting Types That You Should Know   Playing craps is easy once you get the hang of » more
  • When to Hedge

    Just about everyone is familiar with the concept of the hedge bet. In fact, this has becoming such a common » more
  • William Hill Bingo Offers £1,000 Free Bingo Every Day In October

    Play free online bingo from October 1st to 25th at William Hill Bingo for a £1,000 guaranteed daily prize » more
  • Bet On London 2012 Olympics At Intertops Sports

    Intertops Sportsbook is now accepting wagers for the London 2012 Summer Olympics. The possible wagers include » more
  • Winning Video Poker

      A lot of players, both experienced and new ones are searching for the best gambling strategies to go » more
  • What are Futures bets?

    What are Futures bets?   While Future bets are prominent throughout sports betting, they are not » more
  • Playing Pocket Aces Post Flop

    Pocket aces post flop play is a little trickier that playing pocket aces pre-flop. This is because the board » more
  • Caribbean Stud Strategy

    Caribbean Stud Poker can be a great casino game to play with friends. It carries over the feel from the poker » more
  • Bovada Casino Holds $15k Casino Countdown to 50 Million Hands

    Taking a page out of PokerStars book, perhaps, Bovada Casino is holding a Casino Countdown to 50 Million » more
  • Smart Live Casino Giving Away iPad 2 Devices in May

    If you were around in January 2011 when Smart Live Casino gave some of its players new iPad 2 devices, this » more