Editor - Esports Journalist
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We live in an era of instant fulfillment, which is why live betting is on the rise in India and everywhere else. A winning live bet you place in the last quarter of a basketball game can pay out within minutes.
The thrill of placing wagers while the action is unfolding in real-time is unmatched. Pair that with ever-changing odds that move with every play or possession, and the experience is undeniably more engaging. You just need to think on your feet and make quick betting decisions, not to mention join the right live betting site.
Also known as in-play betting, live betting lets you place wagers while a sporting event is underway. A key characteristic of live bets is odds are continuously updated in response to what’s happening on the playing field.
Live wagers can be placed on almost every major sport in India, from football to basketball. You get betting options on numerous parts of a game as it happens, depending on the sport. In football, for instance, you can place live bets on the half-time score or number of yellow cards. Bets can be allowed between quarters of the game or even after plays.
There are dozens of live betting markets on offer depending on the sport. Below are the most common.
Bet Type | How it Works |
---|---|
Moneyline | You bet on which team will win the game, or if it’ll end in a draw. |
Point Spread | This wager evens out the playing field in a match where one side is more likely to win compared to the other. |
Total | As the name implies, you bet on the number of points you think will be scored in a game overall. |
Parlay | An online betting live parlay wager combines multiple selections into one bet to increase your potential payouts. The deal here is all your selections must hit for you to win the bet. |
Prop | Short for propositions, prop wagers involve betting on events in the game other than the outcome. An example of an NFL prop bet is betting on the number of touchdowns a quarterback will throw for. |
So why would you consider betting live instead of before the game starts? Below are the advantages and disadvantages:
Your in-game wagering experience is only as good as the live betting sites you join. You need a reliable platform to place your live bets, and the following criteria should help you spot the right fit:
Live betting odds measure the likelihood of a particular outcome in the eyes of the bookmaker. Bookies determine odds using factors like the team’s performance, past results, and more. The same odds show how much you stand to win if your live wager is successful. It follows that high odds mean the outcome is less likely to occur and, therefore, produce higher payouts. Low odds mean the chances of that outcome happening are high, and payouts are lower.
Either way, odds for live betting online tend to shift dramatically as the event plays out. These odds are presented in the following formats.
Decimal odds represent the potential return of a live wager, including the stake. To calculate your potential return, simply calculate the amount you wish to bet multiplied by the odds. For example, if Manchester United has odds of 2.10 and you bet $100, it means you’ll get a potential return of $210 ($100 x 2.10) if your wager wins.
Fractional odds are displayed as fractions showing the amount of profit you will get for a winning live wager relative to your stake. To calculate your potential return, you use the formula ((numerator/denominator) + 1) * stake. So if Golden State Warriors have odds 7/1 and you stake $100, it means you will receive $800, calculated as ((7/1)+ 1)* $100).
American or Moneyline odds are expressed as a positive or negative number. A negative number suggests how much you must bet to make a $100 return. A positive number shows how much you might win if you bet $100. Let’s use a tennis match example where Djokovic is a favorite with -108 odds. If you back him and bet $30, you will get 100/108 *30 = $27.77 as a potential return.
To most Indian punters, sports betting is for the recreational element, but there’s no harm if you’re in it to hopefully score a few wins. After all, winning is ten times better than losing. Here are a few tips to help your live sports betting:
Responsible gambling tools help keep you in the live betting action at a safe and enjoyable level. Think of them as the seatbelt, airbags, and other safety features found in your car. Top live casino betting sites allow you to set deposit, time, or loss limits. That means calling it a day when you reach the set daily or weekly deposit amount, use up the allotted time, or lose a certain amount of money. Applying for self-exclusion and seeking counseling may be necessary in dire situations.
Nothing beats the thrill of betting as you watch your favorite sports match. Most bookies have added the live betting dynamic to up the ante and make sports wagering even more exciting. Your task is to quickly place the best possible wagers using the rapidly changing odds that change in response to what’s happening in the game.
All you need is your wit and a reliable in-playing betting platform to make all this happen. Just be sure to avoid impulse bets. A good understanding of the game and the teams involved will also undoubtedly make it a rewarding affair.
Yes, several bookies allow you to bet on cricket live. The best cricket betting sites India cover several live betting markets coupled with competitive odds.
In-play betting odds show the probability of an outcome occurring. They are set by bookies and change based on what’s happening in the game.
The best in-play betting operators allow live bets on a wide range of sports and provide generous bonuses and competitive odds.
Users must be 18+. If you are having trouble with gambling then help and advice can be found at responsiblegambling.org