In-Game (Live) Betting

Types of Live Bets

To play live, you must have an apparent knowledge of pre-match betting. In reality, far from having several types of special live bets to play while a game is going on, the types of live bets that you can find on various bookies are the same types of markets/modalities that you’re familiar with. 

Types of Live In-Play Bet Slips

Simple/Single Bet

The simple bet is about going for a single result and closing your play on just that possibility. Due to its simplicity and speed, this option is usually used for those who do not want to risk too much in many events or are betting on a play they believe will happen.

Combination/Accumulator Bet

The Accumulator live in-play bet type is similar to single live in-play bets, but two or more selections are added instead of one. This type of bet seeks to increase the payout with which you want to win because by multiplying it by the odds of the other selected events, larger gains are expected in the play made.

Types of Bets in Live In-Play

Over/Under or Totals

What are Totals? Well, more or less points, more or less sets, more or less goals, etc. Betting on this possibility allows you to avoid choosing the winner of an event; to bet on the results without being too exact.

Prop Bets 

Following the scorers or top scorers of the different sports has advantages that could be even remunerative, depending on your plays. While playing live, you can bet that a player will score and check if you are happy with the odds offered by the bookie.

Traditional 1×2

Playing who wins the first half and the second in soccer and live betting always have the best odds on the market. Which team wins the first, second, third, or fourth quarter in Basketball. Which player is to win in each Tennis set, etc.; It is one of the best-paid types of bets. The question is, do you dare to bet on it?

Exact Result

The best bettors first watch the match, how the process is going, and then release a prognostic score of how they think the match will turn out. Sometimes giving an exact result can pay you more or less than betting on Pre-Match.

The complicated thing about this market is that if you are not precise to guess the exact score in the match, you will leave empty-handed.

How to Read Live Odds

Live betting odds have the same approach and ideology as pre-match betting. It doesn’t matter if you’re using the American or European odds pattern. The only difference between live betting odds and pre-match odds is that the Live betting odds of the available markets change very often and quickly depending on the current events in the match. 

To know how to read sports betting odds, we have written about it in detail, click here to read. 

How Are Live Betting Odds Calculated?

To know how Live betting odds are calculated, you need to understand how pre-match bets have been calculated. The calculations are the same, but the difference is that in the case of a live game, an event can change the course of the game, and by doing so, affect the odds presented by the bookies. 

Example: Chelsea Vs. West Brom in the EPL 2019/2020 season. The bookies tipped Chelsea favorites to win the match, and Chelsea led 27 minutes into the match. However, a red card changed the game, and Chelsea lost 5-2. 

If you were to bet on the game above, the live-in-play odds would keep changing due to a change in in-game circumstances. Please read here {Link to betting odds guide} about how you can calculate betting odds, then apply it to live odds and consider the game’s current state in play.

Live Betting In Different Sports

Usually, the amount of live bets varies depending on the popularity of the match. The bookies offer a wide variety of live betting on the most important matches, but the options can reduce on games in the less popular leagues. Here are some of the most popular live bets on some sports:

Live Football Betting

  • Next goal – Which team will score the next goal
  • Goals (+/-) – How many goals will be scored in the game (over/under)
  • Corners (+/-) – How many corners the game will have (over/under)
  • Live Tennis Betting
  • Point – Who will score the next point
  • Games in a set (+/-) – How many games will there be during a set (over/under)
  • Game Winner – Who Will Win the Next Game

Live Basketball Betting

  • Winner – Which team will win the match
  • Total points (+/-) – How many points will be scored during the game (over/under)
  • Winning Margin – What is the difference in points between the two teams at the end of the match

Live Ice Hockey Betting

  • Double Chance – Bet on 2 or 3 different outcomes
  • Goal during Power Play – A team scores a goal with superior numbers
  • Goal during Box Play – A team scores a goal with outnumbered numbers

Benefits of Live Betting

Extra Excitement – Live betting is excellent for those who want to add excitement when following a match. If you bet on which team will score the next goal or have the next corner, the match automatically becomes more interesting.

Real-time Analysis – With live betting, you have the opportunity to analyze the situation before placing the bet. A red card at the start of the game, for example, can drastically alter the result.

Increased Odds Of Winning A Bet – Live betting can increase your chances of winning as you have the opportunity to follow and analyze what is happening in the match, unlike pre-match betting.

Where To Bet On Live Betting In India

All Legal and registered Indian betting companies have the live betting option. There may be varying odds quality for the same game and markets. That is why you should scout where you want to bet on your live games before proceeding.  

Live Betting Strategy & Tips 

Now that you are well situated on the subject, we can delve deeper into live betting strategies! Ready to bet on live in-play? Come on!

Basic Strategy: Betting on the Favorite

Betting on the favorite is considered by some to be a bad business, after all, it is necessary to put a large amount at risk for not-so-significant profits.

But it is precisely in this scenario that the magic of live betting and odds variation enters. Let’s say that in a game between Flamengo and Corinthians, the first was quoted as the favorite and its odds were low, something around 1.22, which means that for every ₹100 invested, you will earn ₹22. A high risk for little return.

However, the game has started, and the favorite team is underperforming, and even the team with the lowest odds of winning the match has several chances to score. This is a classic example where the odds of the favorite football team will go up.

Suppose you are still confident that the favorite will turn the tables and take the lead even in this scenario. In that case, it is an excellent opportunity to bet, taking advantage of higher prices and, consequently, having greater profits.

That way, you can bet at odds close to 2.00 and still have the security of a strong team to get favorable results for your bet.

Next Team to Score: Study the Offensive Plays

This is one of the most interesting markets for live betting strategies because it makes you pay attention to the game.

It’s common, especially in playoffs, for a lot of the action to be left to the end of the game. Here, it is essential to have done your homework in the pre-game to understand how each team’s attack and defense work to identify the possibilities.

When there are 15 or 20 minutes until a game is over and there is a goal, it is statistically proven that another is very likely to happen. The losing team will try their best to recover, and the winning team will try to keep the score at least.

In this sense, having the information about the attack and defense makes it simpler to direct your bet live. This is a good strategy for those who already have some experience in reading the games.

It is essential to consider whether both teams need to win or whether a draw is enough, besides, of course, what is happening, if one team is taking too many dangers to the opponent.

Next Player to Score

Top scorers always tend to score goals in matches, for example, because a large part of teams’ offensive strategies revolves around these individuals. As such, this can be a great market to implement in your live betting strategy.

Follow the game and note which of them is more active on the offensive and, if you believe, by studying the team’s characteristics, that the chances are great, don’t waste time and bet as soon as possible. The more the team takes danger to the opposing territory, the lower the price.

Always keep an eye out for events that may affect the odds while betting live.

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When the Next Point Will Be Scored

This is the market for those who understand a lot about the team’s strategies. This market is usually split every 10 minutes, and you can be on the lookout for substitutions of defensive and offensive players, for example.

This is an excellent indication of what is about to happen, other information that will give you a good insight into this is the score history and the number of chances created in the game itself.

As you may have already noticed, this market requires a lot of caution and an analytical eye to thoroughly understand what is happening in the field.

Over 1.5: Attention to a High Probability of Goals

This is a handy tactic for games that are still tied after 30 minutes of the ball rolling. If your game analysis reveals many dangers to each other, it is possible to bet on this market and take advantage of the first goal!

Once that first goal comes out, the odds variation will be extensive, and you can stay until the end and enjoy the bets or take your partial profit with the cash-out. The best time to close this bet is right after the point is made.

Summary

  • Find value bets
  • Be more dynamic
  • Cash-out and complementary live stream
  • Bad for emotional gamblers
  • Not suitable for multiple bets
  • Live betting is a very different experience from pre-match betting.

If you like to follow live football matches, there is no reason not to try this form of betting.

A good analysis before and during a certain game allows foreseeing some situations, guaranteeing an advantage to the bettor.

Don’t forget: odds are determined by algorithms. These machines do not calculate 100% human aspects. Thanks to that, live betting can be a great way to find value bets.

But beware, this can be a double-edged sword. It is vital to avoid being carried away by emotions!

Frequently asked questions

What is live betting?
Unlike pre-match bets, where bets are placed before the event starts, live bets are placed simultaneously as the sporting event is running.
Which bookmakers have live betting?
All legal bookmakers in India offer live betting. Some even provide complementary tools such as cash out and live stream.
Is it worth betting live?
Live betting can be a great way to find good bets (value bets). It depends, however, on the player’s ability to read the game well.
What do I need to know to place a live bet?
Knowing how the odds behave throughout a game is a good starting point as they can vary. It also helps to know the proper markets for this type of bet, the most common mistakes to avoid, and other tips and strategies we’ve covered in this guide.

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