Live Betting Online: How to Get Started

You can't beat the exhilaration of live betting. Gathering information as the game plays out and making split-second decisions as things unfold is unlike anything else in the betting world.

But how do you get started? There are so many different options out there, with more appearing all the time. The US betting market will be worth between $7 and $8 billion by 2025, so you'll never be short of opportunities.

However, you might as well start as you mean to go on. It's no secret that most bettors try to find the best online bookmaker for their unique requirements, and the chances are they'll stick with them. So here's how to get your live sports betting career off to a (hopefully) winning start!

What Is Live Betting?

If you're brand new to the concept, you may need a quick introduction to what live sports gambling is all about. But, even if you've never placed a bet in your life, you'll be aware of the concept. When it comes to sports, you can back just about anything – teams to win, players to score a certain number of points, all the way down to more minor stats like the team with the most fouls.

Live betting is like that, but the main difference is that you place bets while the event is already in play. For example, you might decide to put some money on the Lakers to win before the game with a regular bet on sports. In live betting, they're already on the court.

What Kinds of Live Bets Are Available?

The range of bets available often comes down to your choice of online gambling site. Most cover all the big games, but you might struggle to find odds for Peruvian third-tier soccer at some bookmakers. Nevertheless, if a betting site has odds for a particular game and supports live betting, the chances are they'll have odds available until the game in question ends.

Typically, you can expect to find the following live bet types at every online bookmaker:

Standard Bets

Unsurprisingly, the bets available before the game don't change much when the whistle blows. So if you want to back a team to win or lose, you'll have that opportunity even when the game has started.

Point spread, total, and money line bets generally remain available until an outcome is impossible. For example, if a team is far ahead of the pre-game points spread, most bookmakers will withdraw the bet altogether.

Prop Bets

You'll also find prop bets both before and during the game.

The primary difference between what's available before and during the game usually involves specific players. You might have backed a particular player to score the first touchdown or the most points. However, most bookmakers will void those bets and leave them out of the live selection if they're left off the team or injured during the warmup.

Of course, the events during the game can affect the available bets. If a player scores two touchdowns, most betting sites will jump at the chance to offer odds on them scoring a third.

Parlay Bets

Parlays are one type of bet where some gambling sites are significantly better than others. You'll find the option for live parlays at most betting sites, but some let you transform your pre-game bets.

You might have backed a specific team to win, and all's going to plan. However, a particular player looks set to score the most from what you've seen. They're playing better than you've ever seen before. Some bets will let you use that observation as part of your bet. You'd convert your win bet into a win and player to score the most points parlay.

Of course, even if you didn't place a sports bet before the game, most sites support parlay betting during the event and will adjust the odds according to what's happened so far.

Why You'll Love Live Betting

If you treat sports betting as fun, your bets will enhance the game. If you know your sports, you'll have a good idea of what's likely to happen based on what you've seen so far. Live betting can take your enjoyment to the next level and put a few dollars in your pocket for paying attention!

There are several great reasons to get involved with live betting beyond boosting enjoyment too:

Potentially Better Odds

Gambling sites hire the best of the best to set their odds. Their goal is always to make every outcome as profitable as possible. They spend days on each game beforehand. However, when the action gets underway, they have to think fast.

Any game can change in an instant, and it's an excellent opportunity to capitalize on the pressure the odds setters are under.

Live Bets Reward Game Knowledge

You might believe a specific team will win a game. But, unfortunately, so does everyone else – gambling sites included – so the odds are nothing to write home about. However, because you know how they play, you understand that while they will likely win in the end, they take a while to get going. They might even need to come from behind!

Live betting odds are based less on predictions and more on what's happened so far. So even if a team was the favorite heading into a game, if they're behind at any point, the odds of them winning will be far more attractive.

Of course, if your team is down 33 in the third quarter and you think they can break the Bills' record, you could pocket a small fortune!

Bet on Sports Live Today!

Getting started with live betting is all about finding a sports gambling site that covers the events you enjoy with the bets you like to place. Once you've done that, you're good to go!

The only additional piece of advice you need involves being a game-going fan. If you like to back your team while at the stadium, just make sure your sports betting site of choice has a great mobile app or website.

Find out more about the best online betting sites, fantastic live strategies, and how to discover the best bonuses here at The Bing News!