8 Live Betting Secrets Every Punter Should Know
Discover 8 live betting tips & tricks the bookies don't want you to know
In-play betting means placing wagers on an event while it's being played. Live betting is exciting but very risky at the same time. It is a fast-paced environment where emotions often take charge and screw things up. Unfortunately, most punters don’t realise that before losing their entire bankroll.
Nonetheless, in-play betting has become so popular these days that you can find several social media accounts that provide live betting tips regularly, as well as several in-play betting apps, bots, and whatnot.
We’re not trying to vilify live betting.
The variance with in-play odds can be huge, and that creates a lot of opportunities. Also, we can’t ignore the thrill and entertainment that comes with wagering on the live sporting events as they unfold.
However, the punters who want to improve their results must understand that in-play betting is a two-edged sword, and, most likely, a costly amusement, unless they rigorously apply a proven live betting strategy.
Let’s get down to business. Here’s how you can improve your live betting skills:
- anticipate reactions according to tendencies
- stay away from the heat of the moment
- work out if a potential bet has true value.
So don’t get involved unless you know who and what it is that you are betting on. Never wager on matches you know nothing or little about, and always abide by your chosen staking plan.
It would be childish to think that you can outsmart the bookies by betting in-play based solely on stats. Think again: If betting was all about metrics and numbers, you’d never be able to outsmart the online bookmakers and their outstanding algorithms.
Nevertheless, you can collect valuable information if you pay close attention to the action. Spotting the details that a computer isn't able to track can help you gain an edge over the bookmakers.
- provide the betting options you are commonly interested in
- accept live bets rapidly without too much delay
- don’t suspend the in-play offer annoyingly often
- quickly pay the winnings after the bets are settled.
Having multiple online betting accounts is also essential from a price shopping perspective. Remember, you should always bet where you can find better odds to improve your long-term returns.
The odds themselves aren’t the problem. Live betting on football with silly odds is one thing, backing underdogs pre-match in horse racing is another – given that you’re using a clever betting strategy.
For example, you've backed Liverpool to win against Tottenham with your regular stake. 5 minutes in and Spurs score from a corner. The odds for the home win have doubled, but you don't feel that they reflect the actual probabilities. And you just can’t relinquish that value. Although sometimes you might be right from that point of view, disregarding your staking plan is never a good idea.
Also, don't chase losses. Losing is part of the game. Even the pros have bad runs and negative months. Don’t blame bad luck and stop thinking about turning things around by increasing the number of wagers or the stakes. Just stop when things aren’t going your way.
You are increasing the bookies’ margin every time you cash out, so make sure you aren’t going to use it very often. Unless you have a strategy in place, don’t use the feature at all – you’ll be better off in the long run.
And what's worst of all, is that the cash-out facility can become addictive. So don't feed the habit. Kick it out!
Don’t waste your money betting before you become familiar with the movement of the odds in different scenarios, and don’t forget to take notes. Feel free to start using pocket money after you’ve grasped the basics and done a few simulations.
However, if you simply can't improve and you're continually losing, consider sticking to pre-match betting – live in-play betting may not be for you.
- create an automated betting robot to place bets at your behalf according to the real-time odds and stats (shots on target, shots off target, corners, free kicks, penalties, yellow cards, red cards, dangerous attacks, pressure index, etc.)
- monitor unique stats and graphs to understand how the public reacts
- trade your bets by setting complex auto cash out parameters
- set alerts to find sudden changes in volume trends and capitalise on value betting opportunities before the odds are adjusted.
Utilising modern live betting apps can be awesome, as long as you're an experienced punter, and you know what you're doing. Just think of it: You can automate your live betting strategies and do otherwise unachievable things. But don't be tricked into thinking that a betting bot will turn a loser into a winner.
To be successful in live betting, you have to practice and be consistent.
At the end of the day, the best live bets are those placed where the value is. Apply the same principles as in pre-match betting, making sure you can control your emotions. Remember that live betting is a two-edged sword: you can deplete the bankroll as fast as you can double it!