trophy

BOOKMAKER OF THE MONTH

Live betting: The odds are dancing

live betting dybalaAre there any secret rules in live betting? Many say that this way of wagering is like a different game, totally different from pre-match betting. What's the reason behind this belief? In live betting you have to consider an additional factor: The time that's ticking away.

Live betting encompasses everything that makes punting so beautiful: Placing bets on the best odds you can find and with the best possible confirmation chances. Before the match those two aspects do not exist: All you must take into account are the odds and the pre-match data. During live betting, however, the odds change with every minute, sometimes even within mere seconds.

Match data changes too, even some that can only be measured through intuition. You might see a team wringing their opponent, earning consecutive corner kicks, making shots on goal but not managing to score and you realize that their chances of getting a goal have got really high. That’s a weapon you can't get your hands on when deciding to bet pre-match.

You have to be careful, though. Every weapon, as deadly as it might seem, can easily backfire. A hasty misjudgement, a distorted belief in non-existent opportunities or a mistimed conclusion can and will cost you a lot of money. You could lose your entire bankroll a lot faster than you might imagine.

Live betting is never easy

If we were to write a book dedicated solely to in play betting, the first chapter would have the title above. Sure, you might win a few easy bets within minutes, you could even feel you’re a fortune teller, as some of your predictions could be proved right in a short period of time, but remember: Online bookmakers are not in the business of giving away money.

By giving you the chance to bet live (even by watching the match live at their website) they're not trying to help you get rich. On the contrary, they’re creating an illusion that you have every weapon on your side. In full honesty, they’re just messing with your mind and are trying to rush you into getting a price that will supposedly be gone soon.

Time and Money

Let’s get back to the start: Before you bet, you have to realize that the odds do not change due to a spontaneous bookmaker decision, but according to sophisticate software, that takes notice of two crucial factors: The precise time frame and the exact amount of money staked on every market.

The first factor is obvious. As time goes by, the current result’s odds are dropping and the other markets are rising. If a match remains goalless at half time, the odds for a final draw will naturally be lower compared to the start of the match. Depending on the match facts, teams and league the odds for a draw will vary, however they can drop almost at a 40% rate.

What does accept downwards odds movement mean?

This is a typical message during in-play betting when the bookie will lower or raise the odds for any number of reasons. For example you might be looking to bet on an under 2.5 market and by the time you are ready to confirm your bet, the bookmaker will change his prices. Some betting sites will let you tick a box where you automatically accept any odds movement during bet placement. You can find out more about odds movements on our detailed guide on dropping odds.

The pattern changes

You shouldn’t imagine, though, that odds are altered by a single person who is closely watching the match and is manually changing the prices according to his estimations. There are pre-set odds patterns, in which odds are changing according to the remaining time. The live betting agent simply has to apply the right pattern and be careful to monitor all the match facts: Goals, cards, penalties, corner kicks etc.

Match facts, don’t tell the every match's story though. A team could have over 70% possession, dozens of shots on goal and still not manage to score. This is something the bookie has to take into account. As the draw odds drop, the team that is constantly attacking will have lower odds compared to the defending team. Having been present on these occasions, we've often seen agents asking for a supervisor’s advice to change the pattern into one that fits the match facts. You may at times have noticed that during a live betting session the odds “freeze” for a while without a particular reason (goal, penalty, red card etc.). This is usually the case when an agent is changing the pattern.

Playing with the bookie's fear

What about the money behind the numbers? The turnover every bet has received is a crucial factor on how a bookmaker will set the odds. Sometimes you might notice that the odds for a home team’s win will change only slightly during the first half, even if no team breaks the deadlock. Why does this happen? Simply because the bookie is afraid of increasing the favorite’s odds beyond a certain limit.

Have you ever noticed that sometimes the odds of a favorite are rising or dropping even if the score remains the same? That’s due to the amount of bets the home team is receiving. If a team is “expected” to win even if they don't perform to their peak, increasing their odds would attract more bets as time goes by. In order to avoid taking a huge risk, the bookie decides to limit the favorite’s odds and avoid paying a lot of money in case the favorite wins. This is your time to strike as the bookie is basically gambling at this point. To put it plainly, it's like clinging to pocket aces on a straight board on texas hold em poker.

The right odds, at the right price

betting types on politicsThe only thing you have to do to find valuable odds during live betting is try to take advantage of these “automatic” odds changes, before the bookie changes the patterns. We must warn you though though that although this can happen several times during a match, spotting these opportunities is not easy. In some second rate matches, that have attracted little to any bets, pattern changes are less frequent. This means that you can find an interesting number of “inconsistent” odds compared to how you believe the match unfolds. Obviously, you won’t win every time you wager, however, you significantly increase your chances of placing a value bet.

Get the "right" odds

Bookmakers Why to Bet Why to Bet Bookmakers Rating    
Matchbook
  • Huge odds
  • Low commision rates
  • Crazy limits on prematch bets
  • 1. Huge odds
  • 2. Low commision rates
  • 3. Crazy limits on prematch bets
Matchbook
Review Bet Now
Betfair
  • The largest and the most reliable betting exchange in the world
  • You can trade your bets
  • Wide range of markets
  • 1. The largest and the most reliable betting exchange in the world
  • 2. You can trade your bets
  • 3. Wide range of markets
Betfair
Review Bet Now
1xBet
  • 1.000 live matches daily
  • Asian Handicap
  • 50+ sports
  • 1. 1.000 live matches daily
  • 2. Asian Handicap
  • 3. 50+ sports
1xBet
Review Bet Now
Pinnacle Sports
  • Customized point spread & totals
  • Re-bet option on max limit
  • 1.5-2% moneyline margin on US Sports
  • 1. Customized point spread & totals
  • 2. Re-bet option on max limit
  • 3. 1.5-2% moneyline margin on US Sports
Pinnacle Sports
Review Bet Now
Marathonbet
  • Great experience in online betting
  • Consistently great odds
  • Extensive markets
  • 1. Great experience in online betting
  • 2. Consistently great odds
  • 3. Extensive markets
Marathonbet
Review Bet Now
Betwinner
  • 1000+ pre-match events daily
  • 98%+ on tennis
  • Horse racing available
  • 1. 1000+ pre-match events daily
  • 2. 98%+ on tennis
  • 3. Horse racing available
Betwinner
Review Bet Now
22bet
  • 1.000+ live events daily
  • 95% payout on top leagues
  • Cashout
  • 1. 1.000+ live events daily
  • 2. 95% payout on top leagues
  • 3. Cashout
22bet
Review Bet Now
DoubleBet
  • Bet slip sale (cashout)
  • Multi Live feature
  • 1000+ pre-match events daily
  • 1. Bet slip sale (cashout)
  • 2. Multi Live feature
  • 3. 1000+ pre-match events daily
DoubleBet
Review Bet Now
FortuneJack
  • Betting in anonymity
  • Extra security with 2step authenticator/sms 
  • Cash out/partial cash out
  • 1. Betting in anonymity
  • 2. Extra security with 2step authenticator/sms 
  • 3. Cash out/partial cash out
FortuneJack
Review Bet Now
Bet365
  • Ideal for football lovers
  • 150+ extra bets on top leagues
  • Multiple Asian handicap markets
  • 1. Ideal for football lovers
  • 2. 150+ extra bets on top leagues
  • 3. Multiple Asian handicap markets
Bet365
Review Bet Now
Bookmakers Why to Bet Why to Bet Bookmakers Rating    
Matchbook
  • Huge odds
  • Low commision rates
  • Crazy limits on prematch bets
  • 1. Huge odds
  • 2. Low commision rates
  • 3. Crazy limits on prematch bets
Matchbook
Review Bet Now
Betfair
  • The largest and the most reliable betting exchange in the world
  • You can trade your bets
  • Wide range of markets
  • 1. The largest and the most reliable betting exchange in the world
  • 2. You can trade your bets
  • 3. Wide range of markets
Betfair
Review Bet Now
1xBet
  • 1.000 live matches daily
  • Asian Handicap
  • 50+ sports
  • 1. 1.000 live matches daily
  • 2. Asian Handicap
  • 3. 50+ sports
1xBet
Review Bet Now
Pinnacle Sports
  • Customized point spread & totals
  • Re-bet option on max limit
  • 1.5-2% moneyline margin on US Sports
  • 1. Customized point spread & totals
  • 2. Re-bet option on max limit
  • 3. 1.5-2% moneyline margin on US Sports
Pinnacle Sports
Review Bet Now
Marathonbet
  • Great experience in online betting
  • Consistently great odds
  • Extensive markets
  • 1. Great experience in online betting
  • 2. Consistently great odds
  • 3. Extensive markets
Marathonbet
Review Bet Now
Betwinner
  • 1000+ pre-match events daily
  • 98%+ on tennis
  • Horse racing available
  • 1. 1000+ pre-match events daily
  • 2. 98%+ on tennis
  • 3. Horse racing available
Betwinner
Review Bet Now
22bet
  • 1.000+ live events daily
  • 95% payout on top leagues
  • Cashout
  • 1. 1.000+ live events daily
  • 2. 95% payout on top leagues
  • 3. Cashout
22bet
Review Bet Now
DoubleBet
  • Bet slip sale (cashout)
  • Multi Live feature
  • 1000+ pre-match events daily
  • 1. Bet slip sale (cashout)
  • 2. Multi Live feature
  • 3. 1000+ pre-match events daily
DoubleBet
Review Bet Now
FortuneJack
  • Betting in anonymity
  • Extra security with 2step authenticator/sms 
  • Cash out/partial cash out
  • 1. Betting in anonymity
  • 2. Extra security with 2step authenticator/sms 
  • 3. Cash out/partial cash out
FortuneJack
Review Bet Now
Bet365
  • Ideal for football lovers
  • 150+ extra bets on top leagues
  • Multiple Asian handicap markets
  • 1. Ideal for football lovers
  • 2. 150+ extra bets on top leagues
  • 3. Multiple Asian handicap markets
Bet365
Review Bet Now

Join and grab exclusive bonuses, daily offers and free bets!

Lay hands on exclusive daily bonuses for members only. These promos are limited and are not advertised on the website.

Yes, I have read the Terms & Conditions and I consent to receiving emails from Bookmakers.bet regarding betting promotions, betting guides and news.

BOOK SPY

You may have heard the phrase won by a distance in horse racing before. Did you know you can bet on this? Engaging in horse distance betting might not...

Read more »

You may have heard the term matched betting before.  It is a system that is constantly used when betting, especially on horse racing. Since it is one ...

Read more »

Do you ever glance at the weather forecast before placing a bet? If you don’t, perhaps it’s time you changed your mind and gave thought into inc...

Read more »

What’s the ideal winning percentage you have to hit in order to gain an acceptable profit? There are a lot of answers to this question, some of them c...

Read more »

How do past results affect your betting choices? Do you completely ignore how the teams performed in their previous meeting? Do you just get a glance ...

Read more »

A Reverse Bet is a betting service that includes two If Bets. An If Bet may be selected from Money Lines, Handicaps, or Totals markets, and has three ...

Read more »

You can’t hope to achieve much success in betting on tennis without thorough preparation. That preparation begins with understanding both X’s and O’s ...

Read more »

No matter how many professional punters you ask, every single one will tell you that the only acceptable way to control your game and bankroll is to b...

Read more »

Tote betting became popular around 1928. This type of betting was initially offered by a company called “The Tote” before Betfair bought i...

Read more »

At one point or another you must have wondered about this. Why spend endless hours reading news and calculating numbers simple to pick a match instead...

Read more »

Latest Betting Offers