Live betting has exploded in popularity with the emergence of online wagering at sportsbooks in select American states.
With live betting, or in-play betting, you can follow along with the real-time action of almost any sporting event around the world and make informed wagers based on what has already transpired on the playing field.
Rather than locking in a bet before kickoff of the Super Bowl or tipoff of an NBA game, you can jump on moving odds that adjust as certain outcomes occur throughout a match.
How does live betting work?
Typically in the past, a sportsbook would only post updated lines during stoppages in play, such as the end of a quarter or half, or during a timeout.
At TwinSpires’ Sports, you can find up-to-the-second odds updates on markets like the noneyline, point spread, and Over/Under, plus team and player prop bets, such as total number of goals scored or next goalscorer.
You can discover live odds on every major North American sporting event, and thousands of events from around the world. Punters can take advantage of a number of betting markets, as well as exciting features, like TwinSpires’ Bet Builder, which enables players to create custom parlays within the same game or event.
Live betting strategies
Live betting is a great way to find better odds on a market you would like to bet.
For example, let’s say the Kansas City Chiefs are favored at -335 odds to beat the Buffalo Bills on Monday Night Football. You think the Chiefs will win outright and want to bet them on the moneyline but don’t stand to make much profit if you bet their moneyline odds before kickoff.
Since you know the Chiefs sometimes get off to a slow start, you can wait to place your moneyline wager once you see whether the Chiefs come out sluggish or hot.
Let’s say the Chiefs’ defense has struggled and the Bills build a 14-point lead at the half. Based on Buffalo’s momentum, Kansas City’s moneyline odds will shift. In this example, let’s say the Chiefs are now a +250 underdog at halftime.
If you think the Chiefs will mount a comeback and win, this is the perfect time to place a bet on the Chiefs’ new moneyline odds.
You would gain a much greater profit on their +250 live moneyline odds, compared to their -300 pregame odds.
You can use this same strategy with team or player prop bets, like total touchdowns scored or total receptions. Based on what a team or player has done so far in the game, you will have a better idea of which wager to make.
Keep an eye on the action
It’s important to stay tuned in to the live action of whichever sporting event you’re betting on while you monitor odds movement so you can place your bet at the perfect time and maximize your potential payout.
Try live betting today
With hundreds of in-game markets and real-time odds updates, there hasn’t been a better time to jump in on the excitement of live betting at the sportsbook.