The Thrilling World of Live Betting

Sports betting has always been a part of sports. The practice has endured throughout history, and it remains one of the most popular forms of entertainment in the world today. However, the modern iteration of sports betting is much different than what it once was.

Online Sportsbooks

For one thing, most of us wager on sports using online bookies. In the 1990s, the digital age was just starting out. Online bookies first hit the scenes. However, most people were not ready for this fantastic new development.

That couldn’t be further from the truth today. Online sportsbooks have, for the most part, completely supplanted land-based shops. Online bookies are safe, reliable, and newbie-friendly, making them a great option for any fan of sports.

One of the biggest reasons that people flock to sportsbooks online, is because of the newly implemented live betting option.

What is Live Betting?

Live wagering (or in-play betting) is exactly what it sounds like. Punters can place wagers on a game’s outcome, while it is happening. These bets can range from simple “to win” bets, to unique prop bets designed specifically for a live betting option.

In-play betting has taken on a life of its own in recent time. The option is only possible thanks to live streaming technology, that lets bettors watch the game while wagering. Let’s explore some of the in-play betting options, and discuss the pros and cons of the practice.

Live Betting Options

We mentioned briefly that live betting options are quite diverse. Simple “to win” bets are always great. However, if you want to diversify your bets, live betting is the perfect place to start. In this section, we’d like to look at popular bets when it comes to in-play wagering.

Buzzer Beater: in a game of basketball, a buzzer beater is a point that can make or break a game, that a player scores right as the game ends and the buzzer sounds. A popular betting option for live bettors is “will the player hit the buzzer beater or miss?” Penalty Shot: in a football/soccer game, a player might be shooting a penalty shot. Will they aim to score a goal, pass, or will they score in the first place? That is a common betting option for in-play bettors. Next to Score: in pretty much any sport where scoring matters, you can wager on who will be the next to score a point.

These are three popular options. However, they are not the only choices you have. If you are interested in in-play betting, keep these options in mind, and make sure you wager responsibly.

Pros and Cons

Live betting comes with quite a lot of advantages. However, there are also some cons to consider. So, to close this article off, we would like to list five pros and three cons of the in-play wagering method.

Pros

Hedging bets Real-time information regarding teams and players Adapt your strategy to fit the situation Diverse options for betting Relatively low-risk wagers

Cons

Smaller payouts Fast-paced action, may be overwhelming Betting limits