Sports
Live betting is one of the most exhilarating forms of sports betting.
Before the event starts, bookmakers offer pregame markets, and these close as soon as the game begins.
If a team goes ahead, then the odds for them to win will shrink.
Apart from that, there is not much else you better know.
Virtually all the bets offered in the pregame markets are available in the live betting markets.
However, there are some bets that are only available in the live betting markets.
These are bets on what will happen next in a game.
Let’s call these instant live bets.
You never know what bet may pop up, so keep your eyes peeled for great opportunities.
The live odds will change constantly during a game, but the biggest changes are when a team scores.
If they have an abysmal start and finish the first quarter 0-7 behind, their odds will increase.
Let’s say that the odds on the Eagles now lengthen to 3.1.
Cashing out is really easy to do, but it can be a difficult decision to make.
You may hesitate on whether to take the bookmaker’s offer.
Sometimes, it is better to quit while you are ahead.
However, if you bet frequently then those pittance prizes can add up.
These are basically insurances that you could take on your bets.
A partial cash out locks in a portion of the winnings, at a reduced price.
If your bet did not win, then you still have some winnings from the partial cash out.
Auto-cash outs are basically when the bookmaker automatically pays you after the offer reaches a certain limit.
For example, your bet is winning and the cash out offer is increasing with each passing second.
Auto-cash outs also work for losing bets.
Say your team falls behind and they do not look as if they will pick up anytime soon.
Instead of holding on and then finally submitting to cutting your losses, you set a limit.
If the cash out offer falls below a certain amount, then the bookmaker pays you out.
However, in the more likely case that they go on to lose, you will not emerge empty-handed.
If your original bet wins, you win.
Should your original bet lose, you still win.
So, you check the odds on the Red Wings to win the game, and they are 3.5.
Now, from your $18 profit, you stake $5 on the Red Wings.
Your profit is $13.
Hedging can be done in any number of ways.
The only thing you should consider is that it only works if you are in a winning position.
The alternative is not feasible.
Then, there may be live bets that have special cashout insurances such as early payouts.
These are offered when a team goes ahead in a game by a certain margin.
Essentially, for all purposes it looks like your team will win and so the bookmaker pays you out.
Ealy payouts are not exclusive to live betting, as cashout offers relate to pregame markets as well.
However, with they are definitely helpful when you are betting live, so look out for them.
Bet Responsibly
All betting is gambling, but for live betting, you should be especially careful.
You should always keep a budget when betting.
venture to limit the time you spend at your bookmaker and do not bet for the sake of betting.
Instead, plan your live bets and only pick games that you would bet on otherwise.
It is always better to quit whilst you are ahead or take a break after losing.
You do not need to be at a bookmaker or sitting at home in front of a computer either.
There are endless opportunities for punters in live betting markets.
But whatever you do, always play responsibly and remember to have fun with your bets.
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