What is Live Betting and How to Do it?

Posted on / Anna Jensen

Online sports betting has come a long way. Today, you can find that you can also place wagers while the games has already started. This is with the Live Betting or also known in online sportsbooks as In-Play Betting. So what is live betting and how to do it?

What is Live Betting and How to Do it?

Live betting is the process of placing bets on the event, game or match which has already started. It gives us the chance to bet on different outcomes like next player to score a goal in soccer. In addition, it allows you to change your picks or add another one during the event.

What is Live Betting and How to Do it?
What is Live Betting and How to Do it?

Live Betting Explained

In the traditional market at Sportsqq828 Trusted Online Sportsbook & Malaysia Live Betting Site, you can place bets on the first player to score in Soccer games. After the player scores, the market is then closed. However, when it comes to live betting, another market will open for next player to score. After the player scores, the market is close and another player to score next is opened throughout the duration of the game.

Furthermore, when betting on the traditional market, you are placing wagers on odds that is set by the online sportsbooks before the start of the event. These odds reflect on the things that happens before the start of the match (e.g. player injuries, changes in lineup, changes in management, etc.).

Here’s an example. Between a match of Team A and Team B, if the Team A is odds-on favorite to win the match, and after a couple of minutes Team B started to take the lead, they are still the favorites to win however with less likely on doing so. The odds will shift because of this significant change.

This makes betting on Team A have better odds than if they have placed their wagers before the game started. Every action during the game can change the odds, especially those significant actions throughout the duration of the match.

Using a computer algorithm, the online sportsbook will provide the odds for live betting constantly. Then, if something big happens during the game, it will reflect the odds they provide.

Types of Live Bets

There are some bets in live betting which you can also see in the traditional market. Except that the odds will change in real-time reflecting what is happening during the game. For example, let’s say that you are betting on soccer games. At the beginning of the game, you can place bets on which player you think will make the first goal, after he scores the market is then closed. And that is it, you will wait for the match to come to an end.

However, with live sports betting you can still place your money on the next player to score. Even after the player scores, another one will open which will happen throughout the duration of the match. There are many different kinds of wagers which you can make.