When watching any professional game or match, it’s often extremely tempting to take a look at the live betting options available for the game or match. With the advancement of technology, there is a growing shift from traditional brick-and-mortar sportsbooks to online sportsbooks. As a result, more and more bettors are wagering on live game options due to the ease and speed with which these betting options can be accessed. Live betting can be quite fun for the bettor but this is not its only characteristic. There are also numerous benefits to live betting, which will be highlighted below.
No Need To Make A Pre-Game Decision
The beauty of live betting is that the bettor is not forced to make a pre-game decision and place a wager pre-game. Instead, the bettor is able to place a bet anytime over the course of the game. As a result, there is no rush to decide on pre-game bets in order to ensure that bets are placed before the game starts. Whatever catches the bettor’s eye over the course of the game, the bettor will be able to lock in a bet with one click.
Avoid Bad Beats
Sometimes, a game can get out of hand after the first few minutes of starting. This is especially brutal when a bettor has placed a bet on a favourite and that team is getting pummelled right out of the gates. In addition to paying a lot of juice to bet on the favourite, the odds of the favourite coming back to win the game will be very low. With live betting, bad beats can be avoided by waiting until after the start of the game (typically after the first inning, quarter, or period) to place a live bet. This way, the bettor can ensure that the team that he picks to win has started off the game in an acceptable fashion before locking in the bet.
See Game Play Before Betting
For certain games, especially regular season games, some players just look like they simply don’t have it for that particular game. This could be due to the grind of the regular season, such as playing three games in four nights or flying from one coast to the other to play a road game. As a result, for games where you think that the players on the team that you wish to bet on may not be looking forward to the game or are planning to take it easy during the game, it might be prudent to let the game start and see some game play before placing a bet. When players are “out of it” for certain games, you can usually pick this up very quickly within the first few minutes of the game. As a result, for players on teams where you have suspicions regarding their energy and motivation for the game at hand, seeing some game play before betting might save you some money in the long run.
One of the underrated benefits when it comes to live betting is the potential for hedging opportunities. By hedging, a bettor is able to realize a guaranteed profit regardless of the outcome of the game. This is best illustrated using an example. If the Yankees are playing the Blue Jays and you believe that the Yankees will win the game, you place your pre-game bet for the Yankees to win at a payout of -120 or 1.83. After the game starts, you see that the Yankees are leading 2-0 and the live betting option has the Blue Jays to win at +200 or 3.00. If you subsequently place a live bet on the Blue Jays to win the game at this price, you’ll be guaranteed a profit regardless of the outcome.