Also known as in-play betting, live betting is placing wagers on a game that has already started. For instance, you can bet on the different instances in basketball once the 1st quarter commences. This betting feature focuses less on the previous statistics as everything is analysed as it happens. You can change your bet immediately and place a new one during the match in case something unexpected happens.
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Likewise, the betting odds will change regularly as the game continues depending on what events occur during that time. If Team A has better odds as favourites when the game starts and Team B scores, then the odds will change to favour the winning team. Therefore, if you had initially had your wager on Team A, someone who bets in-play will have better betting odds since they seem to be losing. When something significant occurs, the sportsbook will suspend all odds until the computer algorithm calculates new odds. This may happen several times in the live sports event.
Live betting is majorly decided on human decision making and the general betting lines are not sturdy because the sportsbook has less time to analyze and calculate odds during a live football match. This makes in-play betting an amazing appeal to punters in the Philippines.
Live Betting - Types of Bets
Live betting is unique from its pre-match counterpart because there are additional bets added. These address the nature of the match as it happens and deal within the stipulated time. Also, the odds are ever-changing. The additional types of wager included in live sports betting include:
- Next team to score
- Team to win next corner
- Time for the next goal
- Correct score first half
Moreover, while in-play betting on football matches, for instance, you can bet on the number of yellow cards in the first half, penalty miss/score, player to score, etc. There are lots of betting markets when it comes to live betting and we cannot list all of them here. You will also notice that some live betting markets appear at specific times only.
Pros And Cons Of Live Betting
Earlier we have mentioned two perks of live betting. First, it has extra markets that are unique to live events only. Also, you have the opportunity to bet on so many different sports like baseball, basketball, football, and hockey.
Bookies are very skilled at setting odds and that is why you’ll hear the saying, “The house always wins.” But in in-play betting, the house becomes a little shaky. As live odds constantly change, bookies have less time to come up with odds based on what they are watching. This makes it a little bit easier for punters to place bets.
Live betting needs someone with a very clear mind and most be a quick decision-maker. It is simply not suitable for newbies. That said, this type of punting can easily be a huge disadvantage if you’re an emotional bettor. In most instances the bets are juicy and simply placing without a prior pre-match analysis can lead to disastrous results.
Also, in play betting markets are fewer than pre-match bets and it’s obviously a disadvantage if you want a variety.
Best Strategies For Betting On Live Games
Whether you are a fan of football or love live betting on basketball and baseball matches, there are lots of strategies you can use to bet on live matches. First off, make sure you’ve done ample research on the teams you are betting on, and not just the one you think would win. If you have enough information about the team, you will see how the game unfolds as the live match begins. Acquiring this skill will give you a sixth sense and comfort whenever something unexpected happens as it will prevent you from making emotional decisions.
Pay close attention to what is happening in live matches. If possible watch the game and avoid studying the bet increments without live streaming. You might find an edge that’s only realizable on the screen. A key player might be struggling with injury and you can bet against him because the house thinks the player is fit in the pitch.
Look for line shifts when the underdog team has a great start. More often, a bookie may be inclined to move the money lines too quickly if the favourites start losing early. You can take advantage of this and place against the underdog if you fancy a comeback.
Betting On The Go
If you are a sucker for live betting, then some matches can find you busy on the road. But this doesn’t mean that you can’t place bets, especially if you have a mobile device. Betting on the go came as soon as internet connectivity was introduced in mobile phones. Sports bookies have formulated applications and HTML 5 versions where you can access these in play betting platforms via mobile phones and tablets.
Mobile betting applications are available on the bookie’s official website, or on AppStores. This applies for both Android and iOS devices. Some mobile apps will give you better stats and odds comparison to make better live bets.
Recommended Bookmakers For Live Betting In The Philippines
Finding a reliable betting site that has live betting and accepts players from the Philippines is one thing, but finding the best needs quite some research. The top-notch bookies will have better odds, free bets, better deposit bonuses, cash-out features and other regular promotions. These are pretty appealing offers that would kickstart your live betting journey on a high note. That said, we compiled a list of betting sites that are great for in play punting in the Philippines.
Currently, 1Xbet is one of the best online bookies in the Philippines as they are focused on benefiting Filippino players. Comparing the odds at 1XBet, they have excellent figures that give the site an edge over its competitors. More importantly, it has live betting and 1xBet live streaming sections so you can take full advantage of your favourite punting strategies. The operator has plenty of payment methods and is available in multiple languages. All these are features of an international bookie not mentioning the excellent customer service and a professional appeal.
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22Bet covers more than 1000 sports betting events. Some of them include basketball tournaments, Philippines leagues and games from the ATP. The site has a professional appeal and allows live betting and streaming. You can play on the go with the all-new mobile betting site and get better odds and mobile-specific bonuses for sports punters.
The online bookie has plenty of withdrawal and deposit options and allows Philippine players to convert to their currency, Philippine Peso. Withdrawal and deposit methods may take a couple of days, so it is important to load your account first before settling on to a live event. 22bBet is a well-known bookie and is a decent sports betting site.
Cloudbet is the leading Bitcoin operator in sports betting and has spread its wings all over the globe. With an impressive platform, the website still has a decent number of sports available and with an added live betting feature. Their offering is above average and has odds for just about any market like:
- Live tennis betting
- Live basketball betting
- Live football betting
- Live baseball betting
Cloudbet is also known for bigger sports betting limits than most of its counterparts. If you’re serious about live betting, you can grab one of Cloudbet’s attractive bonuses. It has a deposit bonus that matches 100% of your deposit up to 5 BTC. Since Cloudbet is entirely operated through Bitcoin, withdrawals and deposits are almost instant. That’s a great plus for in-play betting purposes.
As a soccer punter in the Philippines, you need to take advantage of live betting features if you haven’t done so. The betting option is awesome because you have better chances of winning and it is more thrilling than pre-match betting. While there are lots of in play betting sites online, make sure you check the above recommendations first before registering to any bookie. So, if you don’t know about this punting option, we recommend you start betting today and win big using worthy strategies.
🤔 What is a live bet?
A live bet is placed just after an event begins or once the referee opens the match.
📱 Can I bet on live games from my mobile device?
Yes. Depending on your operator, you can bet on various matches live without any hassle. The platform might be a mobile betting app or an HTML5 version.
❓ How do I place a live bet?
To place a live bet, simply check the ongoing fixture in play and select the match. You will see a drop-down menu with all available markets on offer.