Live Odds – Which Bookmakers provide the best Live Odds for Sports Betting in the US
Live odds or in-play betting was once an option only offered by the biggest names in the bookmaker’s industry, but now such bets are available at almost all bookies. There are not many providers which don’t supply this option in one form or another nowadays. That should come into consideration when you are trying to find a good bookie.
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Chance is the bettor’s best friend. Outside of sports wagering, percentage terms are mainly used when referring to it. Let’s take coin tossing as an example. On the off chance that you flip a coin, there is a half possibility that it will arrive on heads and a half possibility of it arriving on tails. Any potential results will consistently add up to 100%. To confuse things somewhat further, let’s take a six-sided dice as another example. When rolling the dice, there is one of six possibilities that a specific number will come up. The possibility in this situation can be communicated as 16.66% [(1/6)100 = 16.66%].
Sports betting follows the same rule. The odds are essentially the probability or likelihood of a specific result on a particular occasion. Bookmakers create the odds or costs that will mirror the chances of a result occurring. Most online bookies give you the choice of which sort of odds you want to use.
If you have already tried online betting, you probably already realize that there are three kinds of odds that you can find. European odds are increasingly familiar with the decimal odds (for example 3.00). Then again, US bettors are progressively acquainted with partial or US chances. It is additionally essential to take note that a few bookies include US odds without the choice of transformation to decimal odds. Thus, it tends to be very hard to compute the odds, particularly in case you’re enthusiastic to use your bonus codes. Take as much time as necessary to peruse the clarification of various odds beneath so you can increase your chances of winning.
The Different Types of Live Odds
In-Play Betting Features Explained:
Bookmakers can modify odds on different games in some random situations depending on the particular outcome. For instance, you can wager on the far-fetched situation that a football crew will score two times in the last ten minutes of the game getting the result to 2-2.
Benefiting from live odds can transform your losing pre-game streak to a lucrative winning streak. For example if the star of the team gets injured in the 5th minute of the game, you can still react and make a new bet. Betting live on a different player to score or team to win can help negate the original loss and sometimes even provide a bigger win than you would have initially gotten.
What to Consider When Live Betting
With the progression of the time, certain outcomes become increasingly probable, odds shorten or lengthen very quickly. At this point, there is already no point to place a bet, unless you are willing to bet big. A small wager on a very unlikely outcome could reap a big reward in some cases.
The majority of bettors who enjoy in-play betting usually approach it from one of two angles. The more cautious ones will divide their bets between a range of almost sure bets which odds are very short in order to record some almost-certain wins which can stack up in the long run.
Other players might attempt to get a line on a set of long odds that they think are overvalued by the bookmaker. Even though the outcome here is less likely, the win can be much bigger.
Terms Used with Live Odds
Cash-outs essentially allows punters to opt-out of a bet before it is settled. If the bettor’s chosen outcome is looking less likely then when it was made, the bookie might offer them a cash-out option which will return the player some amount of their initial bet back.
This is one of the most recent features to be included in in-play betting, which allows players to place their bets faster than with usual bets. This can be very beneficial for in-play betting as it can allow bettors to quickly take advantage of available odds that might soon change as the match continues and the score changes.
Even though live streaming is less used than live statistics or live scoring, this feature allows punters to actually watch matches, races or events. Rules about which events they can view vary from bookmaker to bookmaker with some providing access to all of their live events to any customer with a funded account and others requiring the customer to have bet on a particular event in order to watch it (see live streaming FAQ for more details).
This is one of the most ubiquitous feature of the bookmakers’ in-play interfaces. Live scoring is crucial for any player who is looking to place bets in the course of the game while watching. Because of that, bookies usually provide a scoreboard that offers the continually updating score of the game or event in question and in some occasions can give a lot of in-depth information.
Together with the score, some betting providers also offer more in-depth real-time statistics regarding the game or event in question. This can include data such as the possession stats for a football game, bowling figures or other sport-specific data. Such statistics, therefore, can help punters to decide on which game and wager to bet on.
How Does Live Betting Work?
The process of live betting is very easy, with the main difference being that the player bets during the course of the game.
Here are some other differences:
- Live odds during the game will fluctuate and change along with the progress and results of the game, match or race. This, in the meantime, opens up a number of different opportunities for bettors such as betting on a favorite while they are loosing in order to take advantage of the more generous odds.
- You can bet on some in-game,e events for a set period of time: will there be a corner in the next five minutes or what will be the number of runs scored in the next few minutes in the cricket match.
- Markets get suspended e.g. if a penalty is awarded during a match, then the next goalscorer market amongst others will probably be suspended until after the penalty has been taken.
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Important Factors that We Consider When Ranking Bookmakers
Once we have established that a bookmaker is safe and trustworthy, we look into a few other important factors to determine their score:
- How many markets does the bookie cover?
- How many betting options are available to players?
- Are the lines for the different markets good?
- How does the bookie treat pro bettors?
- Are there any betting limits and what are they.
- How good are the offered promotions?
- Is the site safe and easy to use?
- Is there any live video feeds available? Can players follow the game live and in detail?
- Are there Live In-Play Features
- How fast do the odds change?