Live betting is also sometimes called in-game, in-play, or wagering in running and it’s your chance to start staking after the sports event you’re interested in has already begun.
Ultimately, thanks to the hugely different bet types and rapidly changing odds, you’ll be making many split-second decisions and developing your own special strategy for winning. But these tips and tricks will get you started in the right direction and help you avoid some of the most common pitfalls.
Set Yourself Some Limits
The adrenaline-pumping pace of live betting is what attracts so many people to it, but this factor also makes it very easy to get carried away. That is why you should always have a system in place to make sure you stay on top of things.
When you’re making multiple wagers in real time, you need to make sure you’re keeping track of how much action you’ve got on the line. We’ve found that the best way to do this is to keep a tally of how much you’ve bet. When you’re just starting out, this tactic will work just fine, but as you get more experienced you may want to look at setting up an Excel spreadsheet. This will help your record-keeping no end.
If this is beyond you, you will happily find that there are many online bookmakers who handle this side of things for you. Some of them have very user-friendly interfaces to keep track of all the stakes you have running. If you’re thinking about focussing on these types of stakes, then we highly recommend choosing a sportsbook that has this kind of feature available.
Always Watch the Whole Game
This is, rather surprisingly, one action that many bettors don’t always follow! If you’re going to be live betting on a sports event, make absolutely sure you are able to watch it in its entirety. You never know when you are going to catch something ostensibly tiny that will sky-rocket your edge over the competition. Anything can happen, from star players getting injuries to relatives unknown coming into their prime, and you want to be right there if and when it happens!
Start With a Pre-Game Bet
As you become more comfortable with live wagers you’ll quickly see the value of making a stake before that first whistle blows. It gives you a starting point and allows you to ensure that you’ve done all the research you need to pre-game. It is also helpful in getting you into the right frame of mind for your upcoming bets.
It’s not the end of the world if you for one reason or another can’t do this, but pre-game wagers are also a wonderful way to salvage bets that have gone the wrong way live. They’re also perfect for doubling down on wagers that are going just the way they should be! They offer the kind of flexibility that makes your live stakes less stressful and are an excellent starting point.