In-Game Live Sports Betting Strategy
Live Betting Tips & Strategy
As sports betting continues to grow in the United States and worldwide, new forms of betting have started to emerge as well. Live or in-play betting is one of the newest bets available, but it has quickly become one of the most popular. Some states still don’t allow full live betting options, or there are some restrictions as to which betting markets can be made available. In those states that offer a full menu of live betting, bettors are starting to focus on this betting option.
This guide will explain live betting sports betting in more detail and will also give you some live betting tips to help you become successful.
Live Betting Options
Not only have sportsbooks started to offer live betting for more markets, but they have also started to expand the type of bets that can be made in a live format. This will give the bettor even more opportunities to make an in-play bet and also be successful.
Here are the most common betting options that you will see offered from sportsbooks
Spread
Spread betting or betting against the spread is arguably the most common bet that is placed in the United States, especially on football or basketball games. This will be one of the most featured live betting options available as well, but this can also be very tricky to win.
The spread line will often be changing when it comes to live betting, and each basket in an NBA game will likely cause a shift. If you are going to make a spread live bet, then you better be ready to make a bet quickly.
Money Line
A money line bet is one of the most common bets that is made when live betting because it is the easiest to make. A money line bet requires a bettor to simply pick the winner of a certain game and the potential payout changes based on the odds.
You typically won’t see the money line odds shift from one team to the other very often, but it can happen in a close game.
Total
Another live bet that is popular but difficult to win is what is known as a total or over/under bet. This type of bet focuses on the total number of points, runs, or goals scored in a game. If you are live betting on sports such as baseball, hockey, or soccer, then you won’t see many changes in the over/under lines. If this is a total bet on a basketball game, that number could be changing with each possession.
Props
Prop betting is synonymous with the Super Bowl, but this type of betting is now available in other sporting events as well. This is a type of bet that does not usually focus on the end result of a game but instead on some unique stat that occurs during a contest.
You won’t find a large number of prop bets available in a live betting format, but there will be some depending on the sport.
Tips For Live Betting
Now that you have a better understanding of how live betting works and what markets are available, there is still some more information you need to know. Here are some tips to remember when live betting in the sports betting industry.
Watch the Games
One of the most important tips when it comes to live betting is to actually be watching the games you are planning on betting on. It is best to watch the game from start to finish, but you at least need to have a good idea of what is going on. If watching a game is not a possibility for you, then it is best to skip out on that live betting opportunity and wait for another game.
Be Ready to Act
Another important tip when getting involved with live betting is that you must be ready to act and place a bet at a moment’s notice. Live betting odds are calculated in real-time, and they can literally change in a matter of seconds, depending on the sport.
It is best if you have a plan before the game begins, and then you can execute that plan when the odds shift in the way that you want them to. Don’t ever simply make a live bet based on a random feel, as that will likely lead to a number of unnecessary losses.
Stay Away From Parlays
If you are planning on live betting sports betting, then it would be a smart decision to stay away from making a parlay wager. It takes a lot of time and research to build a betting parlay, and you just don’t have that option when it comes to live betting.
You need to be locked into the games you are following when preparing to make a live bet, and you just won’t be able to do that if you are going to make a live bet parlay.
Derek Hudson
Derek is a long time sports bettor who grew up in Providence, RI. Derek is data driven and believes the key to betting the sportsbooks is finding an edge in analytics. Derek is happily married and has two young boys. Derek will bet on anything if you let him.
