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Real-Time Betting – is it acceptable?

Live betting allows sports bettors to place wagers/bets on sports matches or events that are happening in real-time. For example, they can follow an NFL game or a Tennis match and place bets on how they will score the next touchdown or the next point. Bear in mind that the online sportsbooks have set odds on a match or event before it takes place, and the odds can change several times during the event, depending on what happens. Also, there are various types of bets that can be made: traditional bets, prop bets and parlays. 

What Are The Benefits Of Live Betting?

During the pandemic, the iGaming industry has had to adapt to uncertain times just like any other industry. There have been positive and negative impacts of this.

Some of the positives for sports betting is that it’s become more diversified, meaning that sport betting sites now have some live dealers, poker, slots, table games and other online casino games. So, if an event was postponed or cancelled, there are alternatives available on site for gamblers to choose from. 

Some of the negatives are that since gamblers have so much extra free time, they are always placing bets which can lead to significant losses, resulting in a gambling disorder or addictive behaviours. Responsible Gambling has never been more important. 

Types of Live Bets

Live bets are allowed on a range of sports such as Basketball, Baseball, Football, Hockey, Tennis, Soccer and MMA. Also, these sites will offer statistics in real-time during the live events so that you can track the game while placing your bets. There are different types of bets that can be made in-game. 

For example, if wanted to place live bets on a Basketball game, either college basketball games or NBA games, these are the types of bets: 

  • Point spread 
  • Total points
  • Moneyline 
  • 1st quarter/half point spread
  • 1st quarter/half total points

Always keep an eye on the odds as they can change throughout the game. 

Live Betting Strategies To Consider

Live sports betting is a great way to place new bets as a sporting event goes on. But, you can improve your profits by implementing a live betting strategy.

Live betting works well with a pregame wager because the live bet can act as insurance if you’ve made a good pregame bet. Also, get an accurate live stream to ensure that you have the most information possible which is good for making informed decisions and placing smart wagers. 

Also, open up multiple live betting accounts so that you can find value on a range of markets since not all sportsbooks offer the same betting odds. Lastly, make use of the stats from previous matches!

Conclusion

Real-time betting is a favourite pastime for many gamblers especially with the access to it on mobile devices. This allows players to place bets and keep up with what’s happening in a sports event or match while on the go. The great thing about online casinos and sports betting sites is that the games can be accessed without having to step into a land-based establishment, which has proven to be a great benefit throughout the COVID-19 pandemic.

Platincasino is an online casino offering a range of entertainment with their selection of live casino games, table games and online slot machines. 

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