What is live betting?
Also known as in-play betting, live betting lets you place wagers while a sporting event is underway. A key characteristic of live bets is odds are continuously updated in response to what’s happening on the playing field.
Live wagers can be placed on almost every major sport in India, from football to basketball. You get betting options on numerous parts of a game as it happens, depending on the sport. In football, for instance, you can place live bets on the half-time score or number of yellow cards. Bets can be allowed between quarters of the game or even after plays.
Types of Live bets
There are dozens of live betting markets on offer depending on the sport. Below are the most common.
| Bet Type | How it Works |
| Moneyline | You bet on which team will win the game, or if it’ll end in a draw. |
| Point Spread | This wager evens out the playing field in a match where one side is more likely to win compared to the other. |
| Total | As the name implies, you bet on the number of points you think will be scored in a game overall. |
| Parlay | An online betting live parlay wager combines multiple selections into one bet to increase your potential payouts. The deal here is all your selections must hit for you to win the bet. |
| Prop | Short for propositions, prop wagers involve betting on events in the game other than the outcome. An example of an NFL prop bet is betting on the number of touchdowns a quarterback will throw for. |
Live Betting Pros and Cons
So why would you consider betting live instead of before the game starts? Below are the advantages and disadvantages:
- Chance to evaluate in-game scenarios like injuries and make informed wagers
- Opportunity to bag instant payouts
- More entertaining betting experience
- Opportunity to find good odds for better payouts
- Handy if you missed your chance to wager before the game started
- Less time to react so that players can lose out on good opportunities
- Doesn’t promote adequate research, which may lead to losses
Choosing the best Live betting sites
Your in-game wagering experience is only as good as the live betting sites you join. You need a reliable platform to place your live bets, and the following criteria should help you spot the right fit:
- Sports covered:
Check if the site offers live bets on a wide range of sports, be it major or niche markets for betting variety. Are you a fan of horse racing betting? Look for live horse racing betting sites.
- Bonuses:
Check out the type of bonus offers available, like a
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so you wager risk-free. Also, read the bonus terms and conditions to establish fairness.
- Odds:
The best live betting sites keep their finger on the pulse by providing the latest odds as the game unfolds.
- Usability:
Placing live wagers should be seamless with no hassle. Look for operators with a user-friendly live betting section featuring easy-to-use bet slips and more.
- Exclusive betting features:
Live wagers are more interesting when paired with revolutionary betting features that enhance wagering. Look for betting sites with live streaming so you can place bets as you watch or Cash out, which allows you to settle bets early.
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Understanding Live betting odds
Live betting odds measure the likelihood of a particular outcome in the eyes of the bookmaker. Bookies determine odds using factors like the team’s performance, past results, and more. The same odds show how much you stand to win if your live wager is successful. It follows that high odds mean the outcome is less likely to occur and, therefore, produce higher payouts. Low odds mean the chances of that outcome happening are high, and payouts are lower.
Either way, odds for live betting online tend to shift dramatically as the event plays out. These odds are presented in the following formats.
Decimal odds represent the potential return of a live wager, including the stake. To calculate your potential return, simply calculate the amount you wish to bet multiplied by the odds. For example, if Manchester United has odds of 2.10 and you bet $100, it means you’ll get a potential return of $210 ($100 x 2.10) if your wager wins.
Fractional odds are displayed as fractions showing the amount of profit you will get for a winning live wager relative to your stake. To calculate your potential return, you use the formula ((numerator/denominator) + 1) * stake. So if Golden State Warriors have odds 7/1 and you stake $100, it means you will receive $800, calculated as ((7/1)+ 1)* $100).
American or Moneyline odds are expressed as a positive or negative number. A negative number suggests how much you must bet to make a $100 return. A positive number shows how much you might win if you bet $100. Let’s use a tennis match example where Djokovic is a favorite with -108 odds. If you back him and bet $30, you will get 100/108 *30 = $27.77 as a potential return.
Handy Live betting tips & strategies
To most Indian punters, sports betting is for the recreational element, but there’s no harm if you’re in it to hopefully score a few wins. After all, winning is ten times better than losing. Here are a few tips to help your live sports betting:
- Do pre-game research:
Even though we’re discussing in-play betting, research the teams involved to gauge their strengths, weaknesses, past performances or any injuries. This helps you assess events appropriately as the game unfolds.
- Limit the number of games you simultaneously place live wagers:
In-play betting is quite taxing and requires you to track odds and make quick decisions at the right time. This can be hard to do if you wager on several games simultaneously.
- Act quickly:
Fast decisions are crucial for successful in-play betting because odds and lines change quickly. Ensure you analyze odds for value and jump on the best bets before they move.
- Don’t bet for the sake of it:
We get that in-play bets make for exciting betting, but only place wagers with a reasonable expected value. If you can pace your bets as you would at a
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- Bet with your head, not your heart:
You don’t always need to back a team simply because it’s your favorite. Consider concrete data and analyze in-game situations to make intelligent wagers.
Betting on Live sports responsibly
Responsible gambling tools help keep you in the live betting action at a safe and enjoyable level. Think of them as the seatbelt, airbags, and other safety features found in your car. Top live casino betting sites allow you to set deposit, time, or loss limits. That means calling it a day when you reach the set daily or weekly deposit amount, use up the allotted time, or lose a certain amount of money. Applying for self-exclusion and seeking counseling may be necessary in dire situations.
Wager throughout the game
Nothing beats the thrill of betting as you watch your favorite sports match. Most bookies have added the live betting dynamic to up the ante and make sports wagering even more exciting. Your task is to quickly place the best possible wagers using the rapidly changing odds that change in response to what’s happening in the game.
All you need is your wit and a reliable in-playing betting platform to make all this happen. Just be sure to avoid impulse bets. A good understanding of the game and the teams involved will also undoubtedly make it a rewarding affair.
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Live betting FAQ
🏏 Can I bet live on cricket?
🧮 What are live betting odds?
In-play betting odds show the probability of an outcome occurring. They are set by bookies and change based on what’s happening in the game.
The best in-play betting operators allow live bets on a wide range of sports and provide generous bonuses and competitive odds.
