Live Football Betting Rate
If you frequently bet NFL spreads each weekend, it goes without saying that turning a profit can be a challenge. When the typical bets aren’t paying off, getting creative can be a solution for boosting your bankroll.
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Live betting, if you aren’t familiar with the concept, involves placing bets while the game is in progress. Odds change on a minute-to-minute basis, and you can use the information you’ve gained from watching the game to make your decisions.
Live bets include the more traditional betting forms (spread, moneyline) but can also extend to all the prop bets offered prior to the game as well.
A major benefit of live betting is that value presents itself multiple times throughout the course of a game. The key to be successful is identifying when risk is justified.
In this article, I’ll lay out tips for live betting on the NFL that can you can utilize next time you sit down and watch a game.
1 – Watch the Game
This should go without saying, but when you live bet a game, it’s imperative that you’re plugged into the action from the opening kickoff.
If you don’t have the time to watch the game, it’s best to place your bet pre-game, and let the chips fall where they may.
Each game has trends that go well beyond the numbers.
Additionally, it’s hard to recognize when a team is ready to mount a comeback if you aren’t watching how the game has played out up to that point.
Follow the action all the way through and you’ll be able to spot the high-value opportunities in the live betting offerings.
2 – Use Multiple Sportsbooks
Using multiple online sportsbooks should be standard protocol, but if you’re live betting it becomes especially important. Whereas pre-game lines don’t vary significantly between books, live betting is a different story.
Because odds are updated so frequently, consistency across different betting sites isn’t always present in the same way that it is before the game.
Another reason that it’s important to use different books is because of the different bet offerings.
Whether you’re looking to live bet on individual players’ stats, or specific game occurrences such as a defensive touchdown, each betting site will more than likely have different options for you to choose from.
If you’re feeling like it’s too much work to rotate through multiple sites at once, choose a different one for each game and decide which one you like using the most.
3 – Spot the Comeback Value
Each week, there are a handful of favorites that get down early, but inevitably come back to win. This can be a great opportunity for bettors to get the favorite at a much better price than the one available before the start of the game.
It might be true that scoring first is important, but it’s not a rare occurrence for bad teams to get out ahead in the early going and then eventually get beat. This scenario is a goldmine for bettors focused on finding the best value for a low-risk play.
Even when you factor in the increased risk of betting on a team who’s already losing, the likelihood of the better team making a comeback makes the play worth it.
Next time you’re watching games, try to find the game where a favorite gets down early, and enjoy the value of betting on a comeback.
4 – Determine a Strategy
NFL team needs to have a strategy on the field, and live bettors also need to formulate a gameplan before kickoff.
A good place to start is determining which bets you’ll focus on throughout the course of the game. The most common options would be the spread, who will win outright (moneyline), or the total (over/under). When you attempt to focus on multiple aspects of the game, it’s hard to watch the game through the lens you need to identify the giveaways that help you gain an advantage.
You probably already do it when you’re watching a game you bet on, but this time you can really put your thought process of “I need a field goal, then a stop, then a touchdown,” to work. While there’s no way to predict how a game will play out, you can bet on scenarios playing out based on what you’ve already seen in the game.
In my opinion, sticking to moneyline bets in close games is the best strategy for live betting.
Although most individuals who live bet prefer to place multiple bets throughout the course of a game, I think the best way to turn live betting into a profitable move is to wait until the perfect moment then bet on the team who will eventually win the game.
It’s important to note that there won’t be a ‘good value’ situation in every game. These scenarios present themselves when a moneyline favorite’s odds inevitably decrease at some point in the game.
Significant changes can happen after each play, so if you want to maximize your risk vs. reward proposition, you need to be on top of things.
5 – Don’t Chase
You’ve probably heard the advice stating that it’s a bad idea to try to chase your losses with bigger bets in hopes of getting your money back. This is especially true with live betting, and is much more tempting when you’re watching the game play out.
If you’re betting a game and took the favorite, but the underdog gets out ahead early, do your best to resist the temptation of switching sides. Live betting is a strategy in and of itself, and it shouldn’t be used as a way to make up for a losing bet you placed pre-game.
It’s not easy to accept losing a bet when you feel like you can do something about it. However, risking it all on a “sure bet” to cover a small loss simply isn’t worth it.
6 – Know a Team’s Best Quarter
It’s often said that teams with a head coaching advantage perform better after halftime.
When an elite coaching staff has the opportunity to make adjustments based on how the game is playing out, it’s hard to go against them.
Prior to a game you know you’re going to live bet at a NFL sportsbook, do some research and see if you can determine whether or not a team has a specific quarterly when they typically score more than other quarters.
- For some teams, the initial script of plays in the first quarter is the strongest the offense will be all day.
- For others, the halftime adjustments put the offense at an advantage and the third quarter is when they make a run.
It goes without saying that the situation specific to the game is the most important factor, but if you can find a team that traditionally performs much better in one quarter over another, don’t ignore that information.
Conclusion
Live betting can be one of the most exciting ways to gamble on sports. With that being said, it can also be the most risky when it comes to big losses.
In all cases, do your research beforehand and trust the trends to work in your favor.
For years, bettors have been able to go online and wager on sports but live in-game betting has not been explained to the majority of the country. By using local sportsbooks as well as offshore betting sites, live betting allows for bettors to access odds and lines at all points of the game. Live betting is some of the most popular wager styles in other parts of the country but in the US, it is still coming into popularity. Bettors are put right in the middle of the action as things are going on, updating in real-time to formulate new and unique betting lines that have never before been seen on the matchup.
Live betting can be done on many sports these days and the list continues to grow each year. Sportsbooks are always looking to improve upon what they can allow their account holders to take advantage of. As we often do on our website, ExplainBettingOdds.com will break down how live betting works for specific sports and then recommend the best sites for betting on sports which also have live wagering in their repertoire.
What Is Live In-Game Betting
Betting live in a game at a sportsbook will take you to a separate section entirely. Here, you will be given the option to wager on games that are currently taking place, as well as check out the upcoming games on the schedule to wager.
Among the wagers that can be placed covers a number of aspects. You can expect to find odds on the spread that will vary according to how the game is going. The same can be said for the moneyline and over/under point total. But outside of that there are some great props relating to games as well. These prop odds will be unique to the particular sport or game going on, because as you know sports are all very different.
How To Bet On Live Sports
The actual process of betting on live sports is not that different from making any other type of bet at a sportsbook. The only difference is that your time to bet a particular line might be limited to minutes or seconds, depending on which type of line you are wagering on. But just as normal, a bet slip is filled out and the wager is processed. The result will be known depending on the type of wager. It could be almost instant for a prop, or it could have to wait until the end of the game should you bet an alternative spread or moneyline.
In-play betting is another term to be familiar with that you will hear tossed around on this page. This type of betting is similar to live betting in that it starts up after the game gets going. But in-play betting is usually limited to outcomes like differing spreads and bets made for the second half. In general, most sports gambling sites will distinguish between the in-play odds and live betting section on site.
Live In Game NFL Betting Explained
Betting live on the NFL is one of the most popular sports to do so on. And each season more odds are being formed. Not every NFL game is available to place live wagers, but there are many that are. You can bank on Monday Night Football, Thursday Night Football, and Sunday Night Football not to mention the Super Bowl being on there. These are the nationally televised games, but others can be seen as well. As far as the live bets that can be made, it will depend on the course of the game. Props and alternative game lines are popular. In-play game odds are formed as well, which differ slightly from live betting. In-play lines can include new second half odds and total over/under wagers.
Article: How To Read NFL Betting Odds
Live NBA Betting
The NBA is one of the most fast-paced sports to bet live. It's similar in hockey in which there is plenty of non-stop action until a timeout or a commercial break. We can see a great number of live betting lines in the NBA, which can be anything as specific as game props like the next team to score, or a change in the course of the point spread. The NBA has plenty of statistics that are kept track, and player stats are a big part of the game as well. A bet on a player scoring the next basket or getting a rebound can be seen. Really there are so many options that anything seems possible, in the words of Kevin Garnett.
Article: How To Read NBA Betting Odds
Live MLB Betting Explained
MLB betting might be the best sport to wager on live arguably. It's because there are a lot of thing happening, but at a nice pace. This is where things can be wagered on such as the next pitch being a ball or a strike. Or another example might be the next hitter up getting a hit or an out, or even something as specific as how that batter will get out. But then other live bets in general can be adjusted moneylines. This is also seen with in-play MLB betting odds, where wagers from different innings reflect different moneylines. In-play bets can be made in between the innings.
Article: How To Read MLB Betting Odds
How Live Betting Works In College Football
College football live betting runs hand in hand with the NFL. But with college football, there are more games scattered over different regions, with few nationally televised games. Still, live betting sections like to formulate wagers for college football both in-play and live. In terms of in-play odds, there are adjusted game lines for the second half, as well as point spreads for quarters following the completion of the first quarter. In terms of what live betting odds are available, this is dictated by the flow of the game.
Article: How To Read College Football Betting Odds
College Basketball Live Betting Explained
Whether you are betting in the regular season or during March Madness, college basketball betting covers plenty of live betting and in-play betting. With more than 300 Division I teams, there are plenty of basketball games on the schedule. You won't have the option to be live on every one of them, but in-play odds are seen far more often. Either option puts you in the action, with live bets last only a couple of minutes generally. You can take advantage of some of the half odds at the break during a game, when oddsmakers readjust the spread depending on how the first hall went.
Article: How To Read College Basketball Betting Odds
NHL Live Betting Explained
The NHL is the most fast-paced sport to bet live, because the action rarely stops throughout the course of the three periods. In-play betting can be great for NHL bettors, as they can get in on the action throughout different points in the games, mostly during the intermission of the periods. As for live betting, odds on the next team to score are popular, but other lines can be seen as well. NHL live betting is certainly fun and kicks the tempo of the game up a notch for bettors.
Article: How To Read NHL Betting Odds
Bovada Sportsbook - Best Sports Betting Site For Live In-Game Betting
The thing that players miss out on Bovada is the live betting aspect. This feature right here is known to keep players to come back and bring other players with them to Bovada. All of the sports and the games that go on, there are always games that have interesting beginnings and endings as well. When this happens, this means that during the game the stats are crazy and prove to be a chance for players to make a lot of money with the live betting feature on Bovada.
There are other features like mobile betting that players can use to be able to get on their account but live betting during games is the one that players know is the best out of them all. This is what helps players a lot of money and a lot of money very fast getting ready for the next game. Most of the time once the game has started players will see the trend of the game and take a dive on other bets that Bovada offers.
MyBookie Sportsbook - Live In-Game Betting here for MyBookie
The one thing that players know to have is a variety of betting options. The reason for this is because they don’t want to feel like they have to bet on one specific thing and can’t take a bet that is in favor of what they like. This means that MyBookie is one of the better sportsbooks out there for players because there is plenty of different sportsbooks but MyBookie is one of the few that has multiple options and players know that once they see that this means more money can be made. The feature of live betting is one that has all of these different options.
Live in-game betting is a feature where players can place their bets after the game has started. Yes, even after the game has started players can still place bets on their team or the player they want. Knowing the trend of games can help players place big bets during the game and this why most players will continue to make money over these games. They know that games can trend one way and will place a bet before it happens. This is one reason why MyBookie is so great because giving this option means that players will only find a way to profit!
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Strategies For Live Betting
Some bettors enjoy live betting because of the different nuances and fast-paced action. Because the betting lines and odds are always changing, finding amazing value is much more likely. For example, if you believe a team in the NFL will beat their 3.5-point spread, but they let up an opening drive touchdown to start the game, you can find a new spread better than the original wager. As the team is currently failing to cover the bet, the spread will be much better than what they were before the game started.
Another reason for live betting is to middle your bets. Say you bet on two NBA teams to hit the over on a line of 210 points. If at halftime, both teams already scored 130 points, the over is likely to hit. As the oddsmakers are always offering lines, they will now present bettors the opportunity to take an over/under set at a higher line such as 225 points. Now, you can take the under while live betting, leaving you a nice 15-point cushion in a possibility to win both wagers.
Live Football Betting Rates
Football Betting Nfl
The moneyline is the most important wager type to pay attention to during live betting. These odds signify the payout associated with making a wager but are not representative of the probability of a team winning a game. In some instances, oddsmakers overreact or have to adjust their books on the fly because of large wagers, causing fantastic opportunities. If the media has hyped a team, expect their odds to always be slightly favorable. This can allow for picking upsets to be even greater (or paying less on the favorite).