Profit From Live Betting

Profit From Live Betting

There are now many live betting markets that you can bet on and in live betting seems to be the new way to bet on sports. It is exciting, because you are making decisions based on the action you see in front of you and have the benefit of real time information to help you with decisions. The markets are constantly updating prices, you can just imagine being involved in the odds compiling, and it must be hectic!

Live betting is an entirely separate market to that of the normal betting and it is important you understand the differences and what opportunities there can be for you to profit. Live betting is a recent addition to betting opportunities. The introduction to the market of the betting exchanges meant that bookmakers now had to compete with the fact that punters could either be the bookie, or bet in the ever changing markets against one another, rather than involving the bookmakers. It was logical, therefore, to implement opportunities that customers were showing to be popular i.e. the in-play markets. Betting during a game is fast and exciting, with the odds constantly changing to reflect the action.

Bookmakers offer a slightly more stable live betting market that an exchanges. Because the market on an exchange is essentially a supply and demand market with the best odds to back and lay what you can bet on, new users can often get frustrated at the ferocity of the changes – which are updated literally every second during play. Bookmakers offer their prices statically and whilst they do update to reflect the games developments they are far less volatile and easier to manage. Some sports are particularly suited to live betting online and bookmakers offer a multitude of in play bets rather than just the win market so you can be cheering on parts of the game you perhaps never knew existed!

Football is suited to live betting. Using this sport as an example you can put bets on things like who the next goalscorer will be, who will get booked next, how many corners from that point forward and so on. There is lots of variety and the key thing is to have fun and perhaps enjoy the game from a different perspective. For example, you may have a bet with friends on three different players to get booked next. You will be watching as the tackles fly in very closely from then on, awaiting the referee’s decision!

But betting live is not about just having fun and losing, you can profit from the live odds on offer. Because you are taking into account match information that is right in front of you there is already information like who the in form players are, who looks sharp, if a defender is partially injured but trying to run off injury and so on. It is therefore very easy to scan the opportunities for value and make great live bets. As I mentioned earlier the odds compilers are waging war against the in play bettors to eliminate the value but no-one is perfect! Learning to spot the in play value bet is a good way to enjoy betting. If you get good at it, money can be made.

Any sport that is based on a match playing itself out over a period of time can be bet in play. Normally it will be clearly marked in advance if the market will be put in play when it begins by your sports bookmaker. All you have to do is make sure you have the TV switched on and your computer running. Wait for the kick off and then the fun begins!

By Malcolm Clarke