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Live Betting: Pros and Cons

by Doug Colmar
June 23, 2024
in Casino
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Live Betting: Pros and Cons
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Experienced bettors have long been divided into two opposing camps: live betting is the easiest way to win at the bookmaker, and those who think it is a waste of time and money. For those seeking a responsible and informative guide to bookmakers, you can visit https://rg.org. There is no single correct answer. After all, each person is different and should realize what suits them best. We have collected five of the most important advantages and disadvantages of live betting.

Advantages of Live betting

1. Full involvement in the process. Playing in real time is exciting. You become more interested in what is happening on the screen, feel the adrenaline rush, and are especially interested in the result.

2. Quick earnings. You do not need to wait hours or days to calculate the bet. All winnings will be fulfilled almost immediately at the end of the selected event, a short time after making a bet.

3. Higher probability of bookmaker’s error. Sometimes, the events on the field develop so dynamically that even professionals working for the bookmaker are mistaken in placing odds that are not in their favor. Experienced players have a chance to catch good odds and increase their winnings.

4. More information to analyze. Many random events (penalties, injuries, penalties) completely change the course of the game. It is not easy to predict their occurrence before the start, but you can bet according to what is happening on the field during the viewing process.

5. Insurance. Live betting allows you to back up a regular bet in case of an unsuccessful match. This approach may not yield few winnings but will allow you to reduce losses.

Disadvantages of Live betting

1. Small selection of events. Live betting requires much attention from the company’s staff, so bookmakers can only cover some competitions. Only the most popular events are included in the line.

2. High margin. Naturally, bookmakers try to protect themselves from accidents and insure themselves by all means. One of the solutions is to increase the margin and, accordingly, reduce the odds.

3. small size of the maximum bet. This is another way of insurance used by many bookmakers.

4. element of chance. There is always an element of luck in any sports game. The favorites lose to the weakest outsiders, goals are scored in the last seconds of matches, and a hopeless loser suddenly wins. Such turns are impossible to foresee and can lead to the loss of large sums of money.

5. Gambling. In the hope of a quick win, players often lose concentration and give in to excitement. In most cases, such situations fail.

Tips for Live Betting

–    Stick to strategies. You can only make money in sports betting with proper bankroll management and game strategy. If you deviate from the financial plan, the bank in live betting will disappear in a few deals. Analyse events before they start. Don’t bet on just anything.

–    Watch the broadcasts before you place a bet.

–    Get rid of greed. Refrain from betting large sums and being satisfied with small but constant profits. Better +5% a day for a month than 100% in one evening, but then lose that money. Even 1% a day will increase your initial capital by 37 times yearly. The main thing is stability in the distance.

–    Sober judgment. Do not win back immediately after a failure because your thoughts are clouded, and negative emotions have not yet subsided. Danger lurks and a series of wins. Players think that they are lucky and increase their bets. Any series, whether it is a plus or minus, always ends.

Apply the above tips in combination to increase the probability of passing. Analyse events and never bet if there is any doubt about the outcome. Be patient, stay in control, and do not go for the excitement. Good luck!

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