What Is A Live Bet
Live betting, also known as in-play or in-running betting, is the process of placing a bet on a sporting event after it has started. For example, you can bet on different aspects of a football match after it has already kicked off and throughout the duration.
It takes away the need to study statistics and puts you at the heart of the action, giving you the chance to change your bet or place a new one during the event. When you’re feeling ready you can check out this site to find the best live sports betting options.
Explaining Live Betting
Just like in pre-match bets, live betting options are provided for the victory of a player or team, a draw (if any), the number of goals or points scored, as well as many other specific bets that are inherent in the sport that the player chooses. Watch BET Live now! Watch BET Live now! I Was a Soul Train Dancer: Robi Reed American Soul. Samantha Knowles Draws Attention to Black Hair Discrimination.
How does live betting work? I hear you all mutter.
Well, basically, the online sportsbook you’re using will have set odds on a match or event before it takes place.
These odds will change several times after the event starts, depending on what happens.
If Team A were an odds-on favourite before kick-off and Team B takes the lead after a couple of minutes, the odds will change to reflect this. Team A may still be favourites to win, but they now have less chance of doing so. This will raise their odds.
Therefore, a person wishing to bet on Team A will get better odds than they would have if they’d placed the bet before the game started.
It isn’t just goals in a football match that change the odds. Every action during a sporting event will change the potential outcome, altering the betting odds in the process.
The odds are decided by the individual sportsbook, using a computer algorithm which constantly updates the information. Then, depending on what is happening in the event as well as past outcomes of similar events, the odds are changed.
When something significant happens during the event, the sportsbook will usually suspend betting for a few seconds so the computer can work out the new odds. Betting will then continue. This will happen several times throughout an event, giving you up-to-date odds reflecting what is happening in the live event.
More Ways to Win
There are several advantages to betting live, or in-play.
Firstly, you can see what’s happening before deciding to gamble your hard-earned cash. If you fancied a team in a match which looked too close to call, you could wait until after the first few minutes have been played before placing a bet.
There’s also the added possibility of betting on different aspects of the event, like picking the winner of the next frame in a game of snooker or betting on who will win the next point in a tennis match.
This gives the punter more ways to win, as it provides several different betting options they didn’t have before the event started.
One of the main benefits is the ability for the punter to change their mind during an event.
Maybe, the bet on Team A looked like a “dead cert” after studying statistics before the match. However, after thirty minutes when they’re a goal down and have had a player sent off, the bet doesn’t seem so great after all.
The punter can now place an opposing bet, using the new information acquired since the game started.
Basically, it gives the punter more chance of winning because they have more knowledge of a sporting event than they did before.
Obviously, as with any form of gambling, this isn’t a certain way of winning. A deflected last minute goal or a missed pink to the middle pocket may mean the punter still loses.
Want some live betting tips?
Our expert tipster offers live betting tips to some select folk, if you would like to talk to him about this, please fill in the form in our live betting section.
Be Responsible
Live betting gives you the potential to place different bets on several different outcomes throughout the duration of a sporting event.
This means there’s an increased potential of losing a lot of money. Therefore, anyone wishing to gamble in this way must set themselves a limit before the event and stay calm and clear-headed throughout. Remember a good strategy is to focus on losing less.
It’s easy to become frustrated and/or annoyed if you place a bet on one team, only for the opposition to score a minute later. Gambling when your judgement isn’t clear is a sure-fire way of emptying your wallet or bank balance.
So, set yourself a limit and have fun. After all, gambling is a form of entertainment and live betting will add to the excitement if you do it responsibly.
Want to read more?
Odibets has built an innovative online and SMS betting platform in Kenya and Ghana since 2018. Our world class online betting website helps thousands of punters place bets on a safe, easy-to-use online betting platform which is secure, simple and lite. Our online betting app is the smallest in Kenya at only 2.8MBs - saving space on the users’ Android phones.
Numerous betting events in over 50 sports
Customers access over 50 sports betting events which allow for both pre-match, and live in play betting. We have today’s football betting odds, basketball betting odds, volleyball betting odds, tennis betting odds, and boxing bet odds. We cover many betting events including special leagues like virtual betting odds and e-sports betting odds.
Free bets and our betting offers
Our customers enjoy multiple offers and promos enriching their overall betting experience. We have free bets on our virtual game popularly known as Odi League. Weekly free bets are available to our loyal customers on a freebet for every 4 bets placed basis. A guaranteed freebet for new customers is the way customers can test our platform risk free (without depositing).
Boosted odds on special soccer bets are always listed at the top section of this betting website.
Our bet slip is designed as a calculator to clearly indicate taxes charged by the Kenyan government to help our customers see their winnings clearly which is within our quest to be a compliant and transparent betting company. You can see these charges if any inside our responsible betting terms and conditions.
Frequently asked betting question
How can I bet using Odibets.com betting odds?
Betting odds are shown as decimals on our betting website. To see your winnings, multiply the odds in the decimal by your stake. The best way to view potential winnings is to use the bet slip which automatically calculates your potential winnings minus charges free of charge.
How to bet via sms on Odibets
We have a page dedicated to sms betting odds here. View our sms betting odds and formulae (which you can download and print).
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What Is A Live Bet
Our betting app is designed to help you bet faster, save data and access exclusive offers including boosted odds. Customers can also share their betslip with friends on social networking sites like Facebook and Whatsapp.
What Is A Live Bet
Although online betting is simple on this platform, use our how to bet tips to learn and improve. The best betting experience is live on Odibets 24/7. Bet now on odibets.com.