What is Live Betting/In-Play betting
The latest and most exciting choice available from bookmakers is live betting. Also known as in-play betting, it has revolutionised the way we bet and the best in-play betting sites offer a great variety of sports to bet in play.
Simply put, live betting is the ability to place a bet on a sporting event as it happens. The process of betting during a football match, a basketball game and in some cases during a horse race. Live bets provide unique gambling excitement right up to the final result. The fact that situations and conditions can change during the event causing odds to fluctuate makes the whole betting experience vastly more exciting.
To add to the betting experience, the best in-play betting sites have introduced live streaming of many of the sporting events allowing customers to bet whilst they watch. Match alerts and up to minute latest offers are all the things customers should expect.
Hundreds of fans enter their bets in real-time as the game begins. The odds are active and alter on the basis of the course of the event. All the related information is available in real-time: the current score, over and done time, yellow and red cards.
Whereas previously bet types were limited with pre-match betting on final outcomes, live betting has opened a whole new door to the types of in-play bets a customer can make. Betting on which player will score the next basket, who will serve the next ace or the outcome of a corner are all examples of the types of in-play bets that the betting sites are offering.
Placing In-Play Bets
Placing in-play bets is basically the same procedure as placing a pre-event bet but with the added advantage of being able to make an informed decision based on what is going on in the event, you are betting on.
Each betting site will have a list of live betting events that customers can place in-play bets, the best live betting sites will have an entire in-play betting section dedicated to in-play betting showing live stats, updated bets and odds and live streaming. Customers can easily select their bet, enter their stake and place the bet.
Cashing out In-Play bets
Cashing out in-play bets can benefit both the punter and the bookie. On one hand, the customer will have the advantage of being able to take a cash-out option and guarantee a profit without waiting for the final result of a match, even if it is less of a profit than if they had waited until the end of the match. For example, if a customer places a bet on a team to win a match and the score is 1-0 with five minutes remaining, the betting site will offer the customer a cash-out option with reduced odds as to the original bet. The customer can take the winnings without taking the risk of an equalizer being scored whereby they would walk away with nothing.
This can also benefit the bookmaker as in some cases it will mean they do not have to pay out the full amount of the original bet. As the odds constantly fluctuate the best in-play betting sites calculate the outcome of the cash-out option to their benefit by tempting the customer to give up a potential of their winnings.
In summary, cash out is fun and puts the customer in much more control of their bets, however, using cash out too often means the customer is not getting the full potential of their winnings but the bookie’s margin will increase.
When to bet In-Play
There is no ideal time for betting in play, it all depends on what circumstances are taking place during the event that customers are betting. The odds fluctuate depending on these factors. Imagine wanting to place a bet on a football match where one team is highly favoured to win the match, therefore the betting odds are low on this team. However, the lesser favoured team score first, the odds for favourites will lengthen, making it a better time to place the bet with the enhanced odds.
Bookmakers will also throw in a selection of special in-play bets during the match such as Harry Kane to score the next goal or the next goal to be scored from a header. These offers are enticing and make in-play betting exciting. The secret for the customer is to not get too involved in the excitement and use the in-play betting option with caution.
What Sports are available to place bets In-Play
As in-play betting grows in popularity more and more sports are being covered by live betting sites. Here is a list of the most popular sports covered.
- Horse racing
- Ice Hockey
- American Football
- Greyhound Racing
Examples of Live Bets
There is a variety of markets offered by live betting sites with new types of bets being introduced by the betting sites all the time. As with pre-match betting some of the more dominant sports such as football or tennis having more betting opportunities than others. Here are some examples of the types of in-play bets that customers can place.
- Which named player will score the next goal
- Which player will serve the next ace
- What will the outcome of the penalty be
- Which player will be the next to receive a red card
- Which team will be winning at the end of the first half
Choosing the Best Live Betting Sites
Selecting the best live betting site requires research. Therefore, bettors need to consider some of the following tips before selecting the right live betting site. Most importantly find a trusted and reputable betting site such as the top-rated bookmakers listed on this site.
Study about the Site
Examine everything about the betting site, including:
- License and reputation
- Sign Up, Welcome offers and bonuses
- Terms and Conditions
- Available sports for live betting
- Existing bonuses for betting
- Customer services
- Payment options
- Use the Site’s Resource Segment
Various gambling sites can provide a step by step guide to betting. These are usually very supportive sites and help bettors to start betting.
Top Online Betting Sites
Betting with the right sportsbook is important to gain maximum results as a bettor. The Following are the top online betting websites offering live play betting with attractive extra benefits.
Being one of the world most established online betting sites, William Hill does not disappoint when it comes to in-play betting options and facilities. An extensive amount of in-play betting markets and quality odds is partnered with one of the best live streaming systems available. William Hill TV is one of the best for live streaming horse racing. William Hill also offers customers excellent cash out options.
888 Sport are very well known for its in-play betting section. A very user-friendly betting tab with the very popular Bet and Watch live streaming options enhancing betting in-play experience. 888Sport offer competitive odds over a broad range of betting in-play markets and cash out options.
Ladbrokes are one of the worlds mega bookmakers, its in-play betting experience stands out amongst its competitors and continues to enhance its reputation as one the best live betting sites around. A huge range of betting markets, live streaming, competitive in-play odds and very good cash out options.
Is Live Betting Mobile Friendly?
Nearly all of the best live betting sites have a mobile app or website for mobile devices such as iOS and Android phones and tablets. As in-play betting increases in popularity, the betting sites apps are becoming increasingly more easy and effective to use. As well as being able to place bets, customers are kept up to date with all the latest stats and scores and live streaming allows customers to watch and bet the action as it happens.
Tips And Hints from A Pro – In-Play Betting Secrets
Understanding how the odds vary as per the betting situation is the key to triumph. The following betting in-play strategies can help beginners to understand and improve their betting tactics.
Careful observation by a bettor during a course of a match can reveal that online sportsbooks follow specific patterns. In order to make good use of big money opportunities, the bettor needs to pay close attention to what is going on in the match and how the online sportsbook is responding to the events.
In-Play Betting Systems
Beginners to in-play betting can take into consideration betting systems developed by many already well-established bettors. They can provide customers with a basic idea of how they should plan their wagers.
The Five Percent Rule
The five % rule is very simple because it tells the bettor not to use more than five % of their bankrolls for betting. First, bettors must determine how much of their bankrolls they are willing to bet on a sports event. Bettors should then bring into play just five % of that agreed amount on every bet.
Live betting sounds very thrilling, but wagers must always keep little concentration on their bankrolls. The key to success in-play betting is “controlled betting”. If bettors cannot control the size of the bets they place, they will end up losing more money in future.
Finding Peak Probability
Live sports wagers typically find it very hard to recognize the top odds. When Live Betting starts, sportsbooks post the odds and keep modifying them according to the events. The most excellent approach to in-play betting is to stay tuned to different online bookmaking sites, to verify they are offering odds on the same game.
How to Become a Successful Live Sports Bettor
Making Money with live sports betting is not effortless work. Once you start thinking like a smart sports bettor, you will realize that timing is everything that matters in live betting. Getting the right price at the right time will decide whether the bettor or the sportsbook made it at the winning side. Managing funds efficiently can be extremely profitable for you in live betting. Bettors can have an edge and beat the book by examining the action closely. Being able to forecast the momentum swings within an event and bet in-play before they actually take place is the bottom line in live betting.