Live Betting: An Exciting Way To Bet On Sports Online

Want a way to make online betting more exciting?

Then try live betting.

With live betting everything is in real time. You’re making bets on games playing right now.

What makes it fun are the odds (dynamic, always changing) and the bets (unique prop bets not available prior to the game starting).

Interested?

Then let’s look at how live betting works and the types of bets you can make.

How Live Betting Works

Live betting isn’t that different from other betting.

The two key differences are that the game is live and the types of bets you can make.

To get started (assuming you already have an account somewhere – if not, read our reviews) just head to the live sportsbooks. Choose the markets and games you want to bet on.

Then select your bet. Some of your options may include:

  • Live moneyline
  • Live spread
  • 1st period spread or over/under
  • Will this game go into overtime
  • Total score
  • Race to 10 points
  • Race to 30 points
  • Race to 40 points
  • Race to 50 points

And so on. It just depends on the sport, game and the stage the game is in.

Then you’ll choose your bet and fill out your slip – no different than making a static bet.

BUT… one thing to keep in mind is when you find a bet with odds you want, place the bet right away. I found out that the odds can and will change on the fly, in or out of your favor, depending on how the game is going.

You don’t have much time to shop around or browse other bets. Otherwise you risk losing money due to a change in the game.

So I recommend making one bet at a time – as fast as you can.

Are There Live Betting Promotions?

There is. Some will be aimed at live betting, while others will be the same offers everyone has access to.

For example, Sportsbetting.ag has a ‘risk free’ $25 offer for live betting. All you have to do is use their live in-game betting app. If your first bet loses you’ll be reimbursed up to $25 (if it wins the promo is over).

BetOnline.ag has a couple of offers, too. They have a $25 live betting free play. This is the same type of deal – make a bet, and if you lose they’ll reimburse you up to $25. This offer applies to baseball and their racebook.

Those are both live betting deals. But you can also participate in other promotions. Here are a few I suggest looking for:

Deposit Bonus – This is a match bonus from the sportsbook. For example, they’ll offer to match your deposit 100% up to $250. If you deposit $250 you’ll get an additional $250 to bet with.

Free Bets – These come in many shapes and sizes. You’ll either get free money that you can bet with without making a deposit, or the sportsbook will reimburse you for your losses.

Cash Back – You can get cash back on your losses. 5Dimes is a good example of this. They offer cash back up to 20%. So if you lose $1,000 you can get up to $200 back.

There are tons of deals. The best thing to do is check out our review to see which ones interest you the most.

Finding The Best Live Betting Sportsbook

So… ready to get started? Your first step will be to find a sportsbook.

Honestly – this isn’t any different than finding a non-live betting sportsbook.

But here are some tips for what to consider while reading reviews.

Do they have mobile betting? Not every sportsbook is mobile-ready. For example, Bodog/Bovada offers live mobile betting. BetOnline does, too. But 5Dimes does not.

What types of promotions do they have? If it were me I would take cash back over a deposit bonus or free bet. But sometimes you can get both. Other times, like at 5Dimes, you can only choose one – so you want to choose carefully.

Do they accept Americans? Does the room allow American bettors? It’s hit or miss. You don’t want to get excited about a room, only to find out that Americans can’t sign up. For this I recommend reading our reviews. We’ll tell you what rooms are available to US customers.

What markets can you bet on? One thing I’ve noticed reviewing bookies is that they don’t always offer the same markets. For example, you can bet on football or basketball at every book. But not every book will offer action on table tennis, snooker, politics or entertainment. More importantly – which markets do they offer live betting for?

These are just a couple of things to think about when choosing a live sportsbook. For more details – and a thorough overview of each book – I recommend reading our reviews.