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One of the most profitable innovations in online sports betting in recent years has been the explosion of live betting.
Live betting comes in a variety of forms, but all share something in common: they let you bet money on a game that’s already in progress, which means that you can get your action at the same time the players are making the action happen on the field!
One form of live betting that’s well-known is the halftime bet. This is a bet that takes place during the halftime break, which allows you to bet on what you think will happen in the second half, and only in the second half.
In other words, the bet it’s not the final outcome of the game you’re betting on, but instead, it’s as though you’re looking at just the points/goals/whatever scored in the second half as a separate game entirely.
However, there’s an even more dynamic form of in-game betting that truly deserves the name of live betting, which is when you can bet on the result of the game at any time during the course of play! The bookmaker will change the odds as events dictate that one team or another gains an advantage.
For example, imagine you’re watching a soccer match where Real Madrid was a heavy favorite – perhaps they went off at -300 before kickoff. However, just five minutes into the game, Levante, the underdog scores a goal to take an early 1-0 lead.
Now the live betting market is likely to undergo a major change; the favorite may now be only a slight favorite, or perhaps even an underdog! If you still like the chances of the favorite to come back and win, now would be a great time to bet on them with much better odds than you could have gotten before the game.
Another aspect to keep in mind for Pay Per Head Reviews readers is that there may be times when the market temporarily closes. This usually happens right after a score or a major injury – the kinds of things that would immediately send a lot of money in one direction before the sportsbook could set a more appropriate line.
In cases like these the sportsbook will close betting for a minute or two, set a new line, and then reopen for betting.
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Tagged With : line moves • sports • Sports Betting • sportsbooks