In-play or live football betting simply means wagering on sports during the relevant event, as opposed to before it starts. It’s one of the ways in which the advancement of online sports betting has managed to innovate the gambling scene. Picture it this way – you’re watching your favourite game and placing the bets as the action unfolds. It’s an undoubtedly exciting way to bet on soccer, but there are strategic considerations to keep in mind.
In this in-play football betting guide, we’ll go through the basics of betting on soccer live.
How Live Betting Works
As mentioned previously, in-play betting is all about placing wagers after the game has already started. This used to be impossible – typical wagers were locked in as soon as the match starts. However, online sportsbooks make placing bets much easier and quicker. If you know what you’re doing, you can put up a stake in just a few clicks.
Most top online bookmakers have a dedicated live betting section. Just navigate there, and you’ll see a list of sporting events currently taking place. Click on the one you’re interested in, and you’ll see a list of available markets and a live feed of the match. Some betting sites even offer a live broadcast of the match itself. Select the bet you want to make, confirm the bet, and you’re good to go!
That’s not all there is to know about how in-play betting works, though. Remember that many aspects of this type of bet are fundamentally different. Most notably, the odds change all the time based on what’s happening in the match.
For example, say you’re considering betting on the underdog in a 1X2 bet. The pre-match 1X2 betting odds should be fairly long – longer than backing the favourites, at least. Well, let’s say the underdogs manage to take the lead during the first half. They’re suddenly much more likely to beat the odds and win the match, and the bookies’ price will change accordingly. It will likely be much shorter than the supposed favourites, since the balance of power has shifted considerably.
Live Football Betting Value
This sort of betting on the go means that finding betting value can be considerably more difficult. After all, you’ll have to make split-second decisions and won’t have time to do the proper research. On the flip side, the odds in in-play betting are usually set automatically. This can leave more room to beat the bookies with live bets and get good value.
To illustrate, let’s continue our earlier example. It’s half-time, the underdogs are in the lead, and the price for the favourites winning just shot up considerably. This can be a good time to bet on the favourites being able to take the game in the end. This way, you’ll get a much better price than if you were to place the wager before the game started. Of course, the increase in risk is also considerable. However, you’re still backing the technically stronger team. You need to be able to judge the situation in the game quickly and effectively to make this kind of in-play betting strategy work.
This brings us to another point – you can’t rely on live betting predictions online. Like we said, seconds can be crucial for in-play bets, and live feeds of football betting tips are not exactly common. There are some exceptions, though – you may be planning to bet on soccer live at a particular moment. For example, you know that a team generally does better in the second half than the first. You could, then, wait for half-time to place the bet and get a much bigger payout.
Couldn’t you do the same with a simple HT/FT bet, you may be asking? Yes, but if the first half doesn’t go your way, in-play betting allows you to rethink your strategy. Essentially, being able to change your bet on the fly offers versatility.
Live Bet Strategy Tips
These common football live betting strategies should give you an idea of some of the advantages of in-play betting. Also, we’ve already written about some useful live betting tips. Now, we’ll round out this list with some additional advice for both newbies and advanced bettors.
Combine Prematch and Live Betting
You can always start with a regular pre-match bet. This allows you to research betting predictions and team news going in, which means you’ll be able to make better calls. Also, you can use live bets to make up some losses of lost pre-match bets or increase winnings for games going your way.
Keep Your Cool
The fast pace and excitement of live betting can be a breeding ground for poor, hastily made decisions. It’s one of the reasons bookies love live betting so much. Don’t make this classic mistake. If you don’t feel like you’re able to make an educated decision, don’t wager.
As a closing note, we really don’t recommend live football betting for beginners. While this approach to sports wagers can be great if you know what you’re doing, you really have to know what you’re doing. Refer to our earlier tips – the lack of time to consider your actions and the fact that you’re all on your own can be bad news for rookies.