Thanks to technology, live in-game betting has quickly become one of the fastest-growing segments of sports betting. Football bettors, in particular, have taken to this form of wagering in increasing numbers.
Sports books offer props based on what will happen during an upcoming play or series of plays; bettors place their bet, then minutes later, the action resolves itself, and you reap your profits before placing another bet!
Given North American passion for football, it is no surprise that football betting is the most popular form of in-game wagering. You can access various options when placing bets involving football: complete pass completion, incomplete pass completion, rush, or turnover bets are just a few examples available to bettors.
Bettors can place wagers on whether a team gets a first down in the current series, the amount of yardage gained or scored as a touchdown or field goal, the success or otherwise of field goal attempts, and their field position after punting.
Bet on critical players’ passing, rushing, or receiving yards over half or quarter. Different bookies provide different options depending on their level of aggressiveness in the market, with only certain games accepting live betting.
Still, if football betting appeals to you, chances are high, you can find something exciting to keep you interested!
Football is particularly well suited for live betting as there is a brief pause between each play; other sports also work well, including baseball, where you can bet on each at-bat, and basketball, soccer, and hockey, which may also be available occasionally.
When considering this form of betting, remember that it differs significantly from any other form. Approaching it the same way you would any other football bet is a surefire way of failure; yet live bets do offer some great benefits and drawbacks; here are two advantages and two drawbacks of live bettingufabet:
Table of Contents
Pro – Sportsbooks don’t have much time to set odds.
With less time available to them, oddsmakers become less likely to come up with perfect lines – making halftime betting particularly attractive as oddsmakers often rely on preset templates when setting lines quickly in an instant situation – even though sometimes that might not reflect what is occurring in that game – which football bettors could capitalize on for beautiful odds!
Con – Your timeframe may also be limited when betting this way
Since bettors must respond after bookmakers set odds, your reaction time to their creation can be minimal, and therefore, any meaningful analysis would take too long for this form of gambling to make an impactful statement at that moment in time.
As such, this form of wagering relies more heavily on instinct and understanding than any other type. When wagering this way, you must also quickly comprehend what things mean and their effects.
Pro – Increased opportunities to share one point of view.
If you believe there is a significant mismatch in a football game – for instance, when one team’s defense can’t keep up against another running attack – you have only one way of taking advantage of this mismatch – betting on the winning team!
Live betting gives you the power to take action on that opinion whenever the offense has possession and looks likely to run the ball. As soon as your anticipated mismatch doesn’t materialize, you can alter your betting accordingly – either stop betting on run games altogether or bet against them if necessary.
When conducted properly, this form of sports gambling can drastically increase your potential profits from strong handicapping opinions.
Con – Betting can quickly become exciting.
With so many betting options readily available at any one time, it can be easy to become carried away and make bets where there is no clear edge – this can prove disastrous for long-term money management due to long-term loss if this approach is taken.
As soon as you begin placing bets, you must formulate and adhere to a plan when placing bets. For instance, if the run game matchup interests you, only make bets which take advantage of that mismatch. If the bet does not relate to that issue, and there is no other strong motive for placing one, you must have enough discipline not to make bets.
As with all live betting activities, make sure that you set aside a specific budget for live betting on one game and have the discipline to stop when that amount has been depleted. Live betting opportunities are becoming more and more attractive to sportsbooks because of their enormous profitability; more bettors making impulsive, poor decisions than any other form of wagering are engaging in them.
Make sure that you maintain disciplined gambling behavior when betting on football, or you could pay dearly!