Live betting, also known as in-play or in-running betting, is the process of placing a bet on a sporting event after it has started. For example, you can bet on different aspects of a football game after it has already kicked off and throughout the duration.
It takes away the need to study statistics and puts you at the heart of the action, giving you the chance to change your bet or place a new one during the event. When you’re feeling ready you can check out this site to find the best live sports betting options.
How does live betting work?
Basically, the online sportsbook will set odds on a game, match, fight, or event before it takes place.
These odds will change several times after the event starts depending on what happens.
If Team A were an odds-on favorite before kick-off and Team B takes the lead after a couple of minutes, the odds will change to reflect this. Team A may still be favorites to win, but they now have less chance of doing so. This will raise their odds.
Therefore, a person wishing to bet on Team A will get better odds than they would have if they’d placed the bet before the game started.
It isn’t just points in a basketball game that changes the odds. Every action during a sporting event will change the potential outcome, which alters the betting odds in the process.
The odds are decided by the sportsbook using a computer algorithm which constantly updates the information. Then, depending on what is happening in the event as well as past outcomes of similar events, the odds are changed.
When something significant happens during the event, like a touchdown or takedown or home run or someone leaves due to injury, the sportsbook will usually suspend betting for a few seconds so the computer can work out the new odds. Betting will then continue. This will happen several times throughout an event, giving you up-to-date odds reflecting what is happening in the live event.
There are several advantages to live betting, or in-play.
First, you can see what’s happening before deciding to gamble your hard-earned cash. If you had a hunch on a team which looked too close to call, you could wait until after the first few minutes have been played before placing a bet.
There’s also the added possibility of betting on different aspects of the event, like picking the next player to score or betting on who will win the next point in a tennis match.
This gives people more ways to win, as it provides several different betting options they didn’t have before the event started.
One of the main benefits is the ability for the bettor to change their mind during an event.
Maybe, the bet on Team A looked like a “stone cold lock” after studying statistics before the game. However, after the first half and they’re down by 4 runs and have had a player injured, the bet doesn’t seem so great after all.
The bettor can now place an opposing bet, using the new information acquired since the game started.
Basically, it gives people a greater chance of winning because they have more knowledge of a sporting event than they did before.
Obviously, as with any form of gambling, this isn’t a certain way of winning. A deflected last-minute interception or a missed 3-pointer may mean the bettor still loses.
Live betting gives you the potential to place different bets on several different outcomes throughout the duration of a sporting event.
This means there’s an increased potential of losing. Anyone wishing to gamble in this way must set themselves a limit before the event and stay calm and clear-headed throughout. Remember, a good strategy is to focus on losing less.
It’s easy to become frustrated and/or annoyed if you place a bet on one team, only for the opposition to score a minute later. Gambling when your judgement isn’t clear is a sure-fire way of emptying your wallet or bank balance.
So set yourself a limit and have fun. After all, gambling is a form of entertainment and live betting will add to the excitement if you do it responsibly.
It's one of the oldest casino games in the world — it's more than 300 years old — but now you don't need to visit a casino to play blackjack. Our live online blackjack tables mean that you can play this classic game from the comfort of your home. All you need is an internet connection! Read on for some blackjack tips.
You can choose from our huge selection of live tables without spending any cash. Play online blackjack for free so you can brush up on your skills and have fun without risking any money.
Alternatively, you can play for real cash. Try your luck, use your skills, and beat the dealer!
Most people think that online blackjack is just a game of chance, but it's so much more than that. This is a game where you need to use your skills and make the right choices at the right time. Sure, there's an element of luck involved, but this is also a game of strategy. Have you got what it takes?
Blackjack is a lot easier than it sounds. Basically, you play against the dealer — the person who draws the cards. You win against the dealer in the following scenarios:
In online blackjack, each card has a numerical value. With the number cards, you already know the value — 1, 2, 3, 4, and so on. Face cards — Jacks, Queens, Kings — have a value of 10. Ace cards usually have a value of 11, unless you go over 21.
For example, a 10 card and an Ace card would equal 21. Remember, the winner of the game is the person who has a hand of cards that equal 21 or the person who gets closest to 21. (It's called a "push" if it's a tie and nobody wins.) Get over 21, and it's over!
There are two terms you need to know about in blackjack: Hit and Stand. Hit means the dealer draws you another card. You can keep asking for cards until you exceed 21. Stand means you keep your hand of cards and do nothing.
There are some blackjack cheats you should know about, too:
Double down: When you double your bet and get just one more card.
Split: If you make two hands from your card, you win double the amount of money. For example, if you stand with two hands of Jacks and Queens.
Take insurance: When the dealer draws an Ace, you can place a bet that will pay you at 2-1 if the dealer gets a score of 21 with one more card (a "blackjack").