If you are a skilled gambler, sports betting can be one of the most lucrative ways to make money. However, live betting on sports is what we consider the best.
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Live betting is not something you need to be afraid of. We’ll be briefly walking you through the basics of live betting today. Let’s begin!
What is the process?
Bookmakers set the odds before the match begins. The odds will be based on many factors. This is why the odds can change multiple times before the match starts. It is not always wise to gamble with the odds. While the odds are in favor of the favorite, it isn’t always true. This is why many casual sports gamblers lose their money.
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Live betting is where it all comes in. Live betting is basically the same as regular betting, except that the odds will change depending on what’s happening at the pitch. Let’s explain.
Let’s look at an imagined match between two Premier League clubs – Chelsea and Manchester City. The Citizens are in better form lately than the Blues. The odds of City winning the match are slightly in their favor. Let’s assume that City wins the match at 2/1. A draw is 3/1 and Chelsea takes the three points home at 5/3.
You can’t place regular bets on the game once it starts. This applies to all online casinos. This match is locked. You can still use the bonuses and promotions before the match.
Live betting on the same game has only just begun. As the match progresses, Chelsea wins the match and the odds begin to shift in their favor. The Blues score in the 30th minute and City is now ahead. Simple, isn’t it?
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Can you only bet on the final outcome?
Live betting has another great advantage: it doesn’t limit you to the final outcome. Live betting allows you to place bets on goals, corners and both to score. You can wager on goals, corners, both to score, next goal, and so on. However, there is one advantage: you can actually see what’s going on on the pitch.
Is it easier to win live bets?
Absolutely. You have the benefit of watching the game, seeing which player plays better, and how the momentum shifts. Furthermore you can wait until you are almost certain you will correctly predict the outcome before placing your bet.
Although the odds of winning will drop significantly at this point, if you are able to predict correctly, you can accurately predict many games every day. Once you have added all the winnings, you will see the appeal of live betting.
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Here you are. We hope you found this explanation of live betting useful and helpful. All that remains is to wish you good luck and have a lot of fun.