Live Sports Betting - Why Betting In Play During The Game Offers Huge Benefits
Live sports betting is a relatively recent development. This allows you to place bets while a game is being played. The old school method of simply placing a wager before the start of the contest is still an option. But now you can place first quarter, halftime and third quarter bets during football games.
And for sports like basketball, baseball and hockey, there are a wide variety of individual player and team wagering options you can take advantage of as you are watching a game unfold. This was an ingenious move by the few legitimate online sportsbooks that offer it, because unintelligent players do not know how to benefit.
However, if you are one of the elite group of sports bettors that can instantly identify an edge, live sports betting is like manna from heaven. Injuries, underdogs playing over their heads, impact from weather and situational influences offer advantages that the smart live bettor can quickly benefit from.
I like to think of live sports betting as giving myself outs similar to the way outs work in poker. During a texas holdem game, if you're on a flush draw with one card to come, you are going to hit about 20% of the time give or take. Live sports betting sort of allows you to buy more outs, or even lock in profit by taking the other side if the odds line up.
For example I might have Patiots -7 for a dime against Baltimore, and they are up 10 with 3 minutes left and kicking the ball away to Baltimore. If you pulled up the live betting odds during a commercial break, you might see something like Baltimore +3 for +500 odds. Basically you would be betting that Baltimore is going to march down the field and punch one in.
So if you laid just $300 on that live bet, you would win $1500 if Baltimore scores a touchdown before the game ends. Essentially what you are doing is protecting your front bet, while only risking another $300, and also locking in $500 guaranteed profit in the process. No matter what happens, you are guaranteed to profit a minimum of $500 give or take a few bucks.
This might not be the best example, but there are numerous ways to use live betting to your advantage. This includes middling a game where you can win both sides. Live in play betting gives you all sorts of outs. It's really the nuts.
Best Live Betting Site (Offers All Live Betting Options)
Bovada Live Dealer Casino & Sportsbook
Bovada is our #1 sportbooks for USA players that offers live in game betting options. There are a host of reasons why we love Bovada, but the biggest of all is they are absolutely the most trusted site for US players. All the other perks and advantages don't mean a thing if you can't ever collect your winnings.
And Bovada pays out players like a bank making them our highest rated site. Some other reasons why we love Bovada include:
- Live In Game Sports Betting
- Non Stop Poker Action With Plenty Of Fish
- Fantastic Promotions
- Fast Payouts
- Casino, Poker And Sports Betting All With 1 Account
Top Rated Online Sportsbooks Offering Live In-Game Betting Odds In 2024
Live Sports Betting Rewards The Informed Player
In traditional online sportsbooks, live in-game betting is not offered. You must place your side, total or prop bet before the start of a sporting contest. But as a member of that elite online gambling community that stays current with the latest player updates and game information, you need to be able to have action all the way through a sporting contest. If a starting quarterback with an unreliable backup goes down to a serious injury, live sports betting casinos allow you to immediately take advantage of that information.
And if there are two teams fighting for a single playoff spot the last game of the season and they are playing separate opponents, if one is eliminated before the other team finishes its game, this is powerful information. Whether you are an NBA, NFL, MLB, NHL or PGA fan, or prefer to take advantage of the edge that live sports betting offers to the NASCAR, tennis, soccer or rugby sports bettor, being able to act quickly on up-to-date information while a game is still being played is an advantage that pregame betting does not always offer.
How Live Sports Betting Works
As a seasoned sports gambler, you probably know how live sports betting works. But in case you don't, here is a quick primer. Let's say the LA Lakers are -1.5 against the Oklahoma City Thunder before their game starts. You think that line is too close to play. But late in the third quarter, you are offered LA -3.0, and the Thunder are on a roll, down just 4 points. That means if you take the Thunder +3.0 points, and the shooting slump you noticed the Lakers are experiencing continues, you effectively pick up an extra 1.5 points by placing the live in-game bet.
There are also individual player proposition bets you can make. A second half bet in a football game allows you to wager on how many yards, touchdowns or receptions a player will accumulate in the last half of the game. Moneyline and spread bets, as well as totals, are available, offered at different times throughout a football, basketball, baseball hockey or other sporting contest. Instead of being forced to play just a pregame wager, you can hedge your bets when you see things are not going favorably.
In baseball you can bet on the next batter reaching base or striking out, in basketball you may want to bet on the next team to score, and football second-half odds allow you to take advantage of trends and individual over/under achievers from the first half.
Live In-Play Wagering On Your Mobile Device
Having the ability to bet on the go during the game is huge imo. If you go out with your friends, and find your favorite team down at half time, you want to have the ability to easily place that live in-game wager. All of the sportsbooks we recommend are compatible with all mobile devices.
Your Smart Live Sports Betting Experience Finally Pays Off
You know to bet on the home team only if the line does not reflect the inherent advantage. You understand the importance of previous games played between two particular teams. Injuries, weather, slumping and "in the zone" players are all taken into account when you place a wager. You never bet without an edge, don't wager money you cannot afford to lose, and love dogs playing at home for the second week in a row. You understand betting units and bankroll management.
These are all advantages that your years of betting smart instead of betting with your heart have given you. And they can finally be exploited profitably thanks to live betting online. However, because sportsbooks must keep constantly informed of every play every second, not as many Internet sports betting websites offer this awesome feature.
Smart Live Sports Betting Means Taking Advantage of Promotions and Rebates
Bovada offers first time deposit bonuses, reload bonuses on every deposit and access to a poker room and real live casino games. NBA, NFL, NHL and MLB bettors also receive special seasonal and monthly promotions and bonuses which you can use for your live in-game betting. BetOnline offers live betting welcome bonuses on all sports as well, access to a racebook and poker room, and other live betting options on special events like the FIFA World Cup.
Why are free welcome deposit bonuses, refer-a-friend rewards and other promotions so special? Head down to your local bookie and ask him for some free bonus money on your next bet. Furthermore, see if you can even get any live in-game betting action at all. Didn't work out so well, huh? Free money is the sweetest edge you will ever find, and you can get it at the live sports betting sites we recommend.
The extra work that a handful of legitimately licensed and certified live betting sportsbooks performs to give the intelligent sports bettor in-game wagering access was done to take advantage of the average gambler. But your sports betting experience, and innate ability to quickly identify an edge and act on it, is perfectly suited to the live sports betting arena.
Take advantage of your above average sports betting abilities, and scoop the benefits that live in-game betting offers today.