When it comes to live viewership, Sports has always dominated the airwaves among viewers. As streaming platforms became available, sports has become even more accessible, allowing fans to tune in from anywhere in the world, even making it possible to monitor several games at a time.
This accessibility has resulted in an unprecedented growth in fan engagement and this includes sports betting. With how easy it is to acquire real-time information along with play-by-play commentary, sports fans are more informed than ever, allowing them to make more accurate decisions when placing bets. It is through this accessibility that live sports betting became popular.
Whether you are an experienced bettor or just beginning your journey in betting, it is crucial to understand more about live betting and the various strategies you can employ. Below, let us all learn more about live betting and the different in-play betting strategies for casual and advanced bettors.
Table of Contents
What Is Live Betting?
Also known as in-play betting, this type of betting allows sports bettors to place bets during a sports match, making it distinct from the usual pre-game betting.
Interestingly, this type of betting has become increasingly popular as it is a featured gaming activity in Betway and other similar platforms. Its popularity can be attributed to the fact that it offers bettors numerous sportsbet opportunities, making watching a sports match a more immersive and interesting experience for sports fans.
Accordingly, this live sportsbet option is made available in multiple sports such as soccer, basketball, hockey, and tennis, among others in platforms like Betway and other similar ones. In the platform, they get to place bets either as to the first team that can score, half time result, or the total match result.
In-Play Betting Strategies Casual and Advanced Bettors Can Use
After being acquainted with what live betting is all about, it is time to master and put in the strategies to successfully place bets.
Observational Betting
One of the most straightforward strategies in live betting is by simply watching a sports match live and placing bets according to what one sees.
For example, if a football team is doing the aggressive approach against the other team and it seems the other team is struggling to maintain their defense, a casual bettor might choose to place a bet in favour of the aggressive team that they will score a goal.
Utilization of Live Odds
The next strategy that both casual and advanced bettors can use is by utilizing the odds provided in Betway and other similar platforms.
Platforms like Betway often provide the odds of certain bets available for a team. As such, both casual and advanced bettors can monitor how often the odds change and only when they are confident with how the odds look, can they place the bet on it.
Statistical Analysis and Data Modeling
For the more advanced bettors, they usually have a systematic approach when it comes to placing bets.
As such, they might employ algorithms like Logistic Regression, Machine Learning Models, and Application Programming Interfaces (APIs) to analyze a game’s dynamics in real-time. This level of analysis allows advanced sports bettors to explore multiple potential outcomes and adjust their predictions to place an accurate bet on their team.
Focus on Specific Markets
With many odds and sports available for betting, sports bettors can feel overwhelmed and may spread themselves too thin. What good will their advanced predicting technologies do if they lack the discipline to focus on a few selected events?
As such, it may be best for both casual and advanced sports bettors to realize that placing multiple bets in multiple sports is not an efficient strategy. By focusing on one area of sport is better, as they get to better identify trends and player performance. Locking in on one sport makes it easier to analyze statistics and understand the nuances, which allows sports bettors to make accurate predictions.
Ready to Bet?
There is without a doubt that live betting is one of the most exciting forms of betting these days. With real-time updates and sophisticated technologies that assist in placing accurate bets as real action in a live sports match unfolds, live betting offers a dynamic experience like no other.
As long as one employs the right strategies mentioned above while fully understanding the dynamics of the game, it will come as no surprise if the bets made are accurate. Of course, every sports bettor must also always remember to bet responsibly and to learn how to step back, especially if lady luck is elusive in a certain sports match.
