Live In Game Betting Strategy
- Baseball Betting Strategy
- Live In Game Betting Strategy Against
- Live In Game Betting Strategy Tactics
- Live In Game Betting Strategy Odds
- Best Sports Betting Strategy
- One of the best and most basic live sports betting strategies is to wager on the heavy favorite that trails in a game but still has a good opportunity to win straight up. Bettors backing the favorite may have had to lay -300 on the moneyline before the game started, but now you may be able to get that same team at +100 in live betting.
- Live betting, sometimes called in-game betting or betting in running, is the ability for bettors to make additional wagers AFTER the game has already started. Sometimes these wagers are offered between quarters or periods, and in some cases, they are offered after every single play or drive.
If you're a seasoned veteran when it comes to betting on sports then you will know all too well what I'm about to talk about in the next paragraph. If by chance you are new to the sports betting industry, welcome and I hope you find your journey full of entertainment and profit.
Live Betting Strategies All of the top bookmakers offer live in-play betting on a lot of sports, including football, tennis and horse racing. The advantage of in-play betting is to see how the match is folding out to give you an indication of who is going to win. The Martingale Strategy. It would be impossible to talk about betting strategies on a wheel based game without mentioning the Martingale system. Whilst there are countless other techniques that players have used on games like Roulette, the Martingale is one of the most heard of, and used.
Back in the old days, when bookies were taking bets via phone calls and updating their odds on chalk boards and the only way to get some good information was by reading the local newspaper, the entire premise of sports betting was the 'pre-game' bet on the outright winner, the point spread or the total. There was no such thing as 'in-game' betting because people didn't have the capacity to set lines in real time and avoid losing a fortune.
Thanks to today's technology, sportsbooks still rely on linemakers but also on super computers that can figure out the probability of almost everything that could occur in any given game and then spit out a betting line for the consumers to wager upon.
When it comes to pre-game wagers, there is only so much studying, trends and factors that a bettor can entertain before placing his bet. Once the game starts, the factors change and so could any edge you thought you found. I've been in the game long enough to declare a bet a losing play minutes into a game for a number of different reasons. I wasn't always right, but on several occasions the ability to place a live in-game wager helped limit the damage to the bankroll.
Live Wagering Options
Since you can bet on almost any sport imaginable, there are countless opportunities to play the in-game betting game. To save time, I've listed a bunch of the more popular in-game betting options available to bettors broken down by sport.
Live Wagering Football Options: money line, point spread, total, team to score next point, result of upcoming drive, what will next points be (FG, TD or Safety), what will the next play be (run, completed pass, or incomplete pass).
Live Wagering Basketball Options: money line, point spread, total, 2nd/3rd/4th quarter lines and team totals.
Live Wagering Baseball Options: money line, spread, total, inning total, team to score next run, hit or no hit (each inning).
Live Wagering Hockey Options: money line, total, team to score next goal, period total (over/under), team totals (game and period), exact number of goals.
Live Wagering Soccer Options: money line, point spread, total, team to score next goal, total corners.
Live Wagering Tennis Options: money line, total sets, total games (individual or combined), next game winner, next point winner, next set winner, exact set score.
Even by covering those six major sports, I've barely scratched the surface of the trillion in-game wagering options available. But now that you have more of an understanding of the kinds of lines that are offered once the game gets underway, I can explain to you the different types of in-game bettors I've come across over my time in the industry.
Different Types of Live Wagering Bettors
The 'Game is Already Over' Bettor - This kind of bettor is the kind of person who places a pre-match bet and then takes to social media or betting forums and claims his pick is the lock of the century. About halfway through the first period/quarter, this type of bettor will hit the live wagering hard and jump on the other team in order to do damage control and save his bankroll from going up in flames. Usually saving the bankroll is the main priority, but there are certain instances when jumping ship could prove profitable. Let's say you absolutely love this basketball matchup and you've been waiting a while to bet it. You do all your research and place your wager pre-game with the utmost confidence. Then game time rolls around and your team is ice cold from the floor and looks completely lethargic. You know you're on the wrong side, so instead of watching your ticket burn, you are willing to accept defeat and attempt to break even, possibly turn a small profit. This is the worst possible version of the live-wagering bettor.
The 'Feel' Bettor - This kind of bettor lives for in-game wagering. They watch every single minute of every game they are interested in and make wagers according to what they see/feel. This method takes up a lot of time, and you must maintain 100 percent focus at all times. The best example I can give you is the in-game soccer bettor. Since soccer is a game of few goals, in-game bettors love to pounce on goal lines (at least, I do). In soccer, totals usually start at 2 or 2.5 depending on the team. Depending on the situation and where they are in the table, teams may come out in a defensive formation to play for a draw or an offensive formation to try and get the win. By watching the game and using your own eyes as a guide, you should be able to tell if there are going to be goals scored after half an hour of playing time. I'm not saying this bettor is going to be right every single time, but being able to feel the game out and watch how it's playing out will help you nail a live-wager or two.
The 'Middle' Bettor
This is definitely the trickiest method to employ when you are thinking about live wagering. The 'Middle' bettor will place a pre-match wager on the point spread and then attempt to middle that bet when the game gets underway. Obviously, as points are scored the spread changes, so this type of live wagering requires precise timing and the wherewithal to know when to place a bet on the in-game point spread. For example, this bettor will bet the Cowboys at (-10) pre-game only see them jump ahead by seven-points early in the first. The spread is very likely to climb possible to (-16.5) or (-17). Bettors who feel that's way too many points will jump on the other team at +17 and hope the Cowboys win by 11-16 points in order to win both bets.
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Here’s some useful betting tips you should know prior to wagering on live games. When you wager on a game prior to its start, once you make your bet the odds don’t change. Plus, there’s no adjusting the bet once the game starts. Regular wagering is based on projections and not on what just happened on the field and what may occur next.
How Likely is it You’ll Win?
To a degree, the odds will tell you this. However, you need to be aware of a few things when it comes to whether or not odds accurately reflect the likelihood of your winning a specific wager.
Oddsmakers charge a bit more for you to bet on the favorite and pay less than they should when you wager on the underdog or long shot. This is simply important in terms of gauging what your actual chances of winning are.
Sports Parlay Calculator
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Also, you should have a good idea of how often something like a tie in the over/under occurs. Or, more so when you’re wagering on something related to performance, how likely a specific play or action may happen.
As an example, when betting on the NFL in deciding if the play will be a complete pass, you should have an idea of how likely it is a pass will be thrown in a specific situation and then how likely it is it will be complete. Look at passing statistics for teams and individual players. Is the thrower average or one of the all-time greats? It makes a big difference.
In order to be able to make a smart bet that’s related to performance, you need to possess a thorough knowledge of both teams and the players. The less betting you do based on hunches the better. Make sure you know each team and their personnel.
Crunch the stats that are going to help you make specific decisions. In NFL football that means a quarterback’s pass completion percentage, how many passes he throws, how often he’s sacked, how many picks he’s thrown, etc. And remember, you need to know statistics related to both sides of the ball.
Passing statistics for the 2016 NFL season, courtesy of ESPN.com.
Taking the NFL, if one team’s offensive line has been giving up a boatload of sacks and their facing a team that has a massive pass rush, this will have a big influence on a quarterback’s success. This situation will probably also put a major dent in the rush attack.
Since you’re wagering on game situations, you also really need to understand the coaching philosophy, what the game plan may be, what actually matters and how able the coaches are in game situations. Some coaches are excellent when the pressure is on and others simply cannot hold it together.
Choosing What to Bet On
A few years ago, live sports betting was still a relatively new feature. Since that time, the popularity of this betting format has skyrocketed. GBGC calculated that already in 2014 global gross win from in-play betting was around $6.8 billion, an increase of almost 84% from just four years ago.
Understandably, online sportsbooks spend increasing amounts of money to offer their customers as wide of an array of sports, leagues and games to bet on as possible. With an increase in the amount of options comes an increase in the amount of decisions you have to make.
Many sports bettors will wager on a sport on which they’ve placed a point spread, moneyline or over/under wager before the game started. In a way, they can actively monitor the game in which they already have an interest. You should already know a lot about the game since you should have analyzed it in order to have placed a bet. With extensive knowledge about the teams on hand, you have a leg up when it comes to wagering live.
The bottom-line: you should know a lot about what you bet on.
You should know about the sport, the league, the teams, the coaches, and the players. Professional bettors – those who make a living betting on sports – work hard to educate themselves.
Professional bettor Billy Walters on 60 Minutes.
You’ll run into plenty of recreational bettors who place bets because “it’s an exciting game” or because they “feel like doing so.” If you’re one of them, that’s OK, but you shouldn’t expect to win in the long run unless you do plenty of research.
Whatever criteria you use for choosing which sports and games to bet, please do so wisely. Don’t try to bet on every play and set limits on how much you’re willing to lose. As with any type of sports betting, it’s best to wager on sports you know well and to stay away from desperation betting.
Learn About the Site
When you get to the site, take some time and click around. Check out the entire sportsbook and specifically the live sports betting feature. Find out at least the following:
- Types of sports offered.
- Frequency of games.
- Types of bets offered on each sport and the odds.
- How easy is it to make bets, change them and dump them?
- Methods for monitoring your wins, losses and money.
- Methods of monitoring games.
- Do they have articles, tutorials, etc. on the subject?
- How important does live betting seem to be at that site? (it should be very important.)
Mock Bet on Some Live Events
You may not be able to bet with play money as you can at many online casinos and poker rooms, but you can put your choices on a sheet of paper and track how you’re doing. By the way, make these wagers as if you are betting with real money and make the bets you normally would if you were wagering with your cash. Don’t be haphazard.
Take your time. Bet on an entire game and then wager on another. This is your time to get to know both the site and the live betting format. What wagers seem to be the best bet, which are the most risky and how can you make cash consistently?
Be sure to play with a specific amount of cash and wager using units. At the end of each game tally your results. Come back another time and continue to practice, monitoring your weaknesses and strengths. Are you improving? How much have you won or lost?
Read All of the Legal and Banking Information
There may be restrictions and limits on bets, deposits and withdrawals. There are certainly minimums and maximums on all bets. Do they have a remedy for any problems you might have with the betting system in terms of it malfunctioning?
Baseball Betting Strategy
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Live In Game Betting Strategy Against
Base your decisions on what’s important to you. Some considerations regarding in-play wagering include the types of sports carried, the frequency of games, method of displaying game information, types of bets you can play and odds. You may want to sign up for more than one sportsbook in order to take an advantage of the best opportunities in the market and to compare experiences.
Stick to the Basics
You shouldn’t wager on every NFL game or on the big games. Bet on a game if you think the market has overestimated the other team. That’s it. That’s the only reason to bet. It doesn’t matter if it’s on TV or features the two best quarterbacks in the league or is for the division crown. The same is true for any sport. Pick and choose the games and sports on which you wager.
In terms of betting types, keep it simple. Playing a five-game parlay may look sexy and exciting but it is extremely tough to hit a lowly two-game parlay forget about any other type of multiple game bet. Playing the occasional parlay after you’ve increased your bankroll by 20% to 30% is okay.
Live In Game Betting Strategy Tactics
Until then, you need to stick to the basics: moneyline, point spread and over/under wagers.
Live In Game Betting Strategy Odds
Even skilled analysts can lose it all if they fail to practice sound money management. Never bet more than 6% of your bankroll on any one wager. Do not double up until you have increased your bankroll by at least 20% and once you lose a double up bet go back to smaller bets. Finally, keep track of all bets, wins and loses. The primary rule is to treat sports betting as you would treat any other business.