Live Betting: Main Advantages and Drawbacks
If you’re new to betting, the first thing that you need to understand is that prematch betting is very much different from live betting. Because once the game has started, we no longer have any influence on the bet placed before the start of the game.
Before going any further, it’s important that you have a bookie that you can trust. Otherwise, you won’t be able to place bets safely. That’s why we recommend you to take a look at Campobet. It remains the number one sportsbook to this day. You will quickly see why once you register there: https://campobet.com/hi/sport/live.
Let’s say that you’ve placed a prematch bet on a certain football team and their central defender got sent off. This can be considered a game-changing situation and at first glance, it may seem like there’s nothing you can do about it.
But what if you could still place a bet during the game? That way you might be able to turn things around in your favor. This is exactly when live betting comes into play.
Here is some essential information that you need to know before we keep going:
- Live betting is offered by most bookmakers;
- It allows you to place a bet while the game is in progress;
- You can make a lot of money if you’re good at reacting to ongoing events;
- The in-play odds change all the time.
It’s easy to see why in-game wagering is so popular. You can bet money on a game that is still running. This not only makes betting much more exciting but also potentially more lucrative.
What Exactly is Live Betting?
It’s hard to find a person that has never heard of sports betting. Even people who aren’t interested in sports know about it. But that isn’t the case with live betting. Far fewer people know about this.
This possibility has existed for many years. Since this type of bet is becoming more and more popular, numerous bookmakers have this option in their store.
There are times when you can place bets on hundreds of events that are going live at the same time. This is especially the case on the weekends when the majority of the matches are played.
A live bet is initially a bet like any other. However, unlike a normal bet, this one is not placed before the sporting event begins (prematch bet), but while it is taking place. This makes the whole betting experience a lot more exciting.
How to Place Bets?
Placing a live bet is as easy as placing any other bet. Immediately after registering with the betting provider of your choice and making your first deposit, you can place a wager on any event.
Most bookmakers usually have a separate live betting section, where you can monitor all the in-play matches and make wagers. Depending on the time and the type of sport, the available options may differ greatly.
Soccer bets in particular are often found in the live section. Since many sports fans follow their favorite teams live on TV, in-play betting is an ideal way to make the game even more thrilling for yourself.
Once you have selected the live event of your choice, it will appear on the bet slip. You can then enter the desired sum and place a bet. As you can see, everything is pretty simple. However, since the odds can change every second, the betting providers have built in a short delay.
Pros and Cons of Live Betting
Live betting, just like everything in our life, should be looked at from two sides. There are pros and cons that you should carefully study before deciding if you should try this form of betting. These include:
- Almost every bookmaker has live bets on offer;
- You can choose from a variety of options;
- Anyone who is good at analyzing games will particularly benefit from this form of betting;
- Some bookies offer lucrative live betting bonuses.
- Many bettors find it difficult to find the right time to place a bet;
- The odds can change in seconds.
Live bets are particularly suitable for bettors who are familiar with the sport in question as well as with the teams or individual athletes playing. Statistics don’t play such a big role here. The point here is to quickly react to all the events.