What is Live Betting?
You realized that you have just lost a bet halfway through a match which you have betted on. Thankfully enough for you, most online bookmakers these days offer live betting services on their sites to provide you with a chance to bounce back from your losses. But first of all, what is meant by live betting services?
Live betting is a form of betting service offered by bookmakers that allow punters to bet on matches that are currently on-going; popular amongst most punters as the pay-out is potentially higher than the original odds for the match itself though the risks are equally as high. This offers punters a perfect opportunity to fight-back after their initial bets have no realistic chances of winning. Available options to bet on vary from the team to score next, to the final outcome of the match. At any time of the match you wish to place a bet, all you have to do is to simply just click on the odds of the type of bet you wish to place your stake in.
Most online bookmakers offer such a service so that they have the chance to earn much more than from collecting regular bets by playing on the punters’ desire to win back their losses or for a higher profit margin.
As such, live betting is usually best recommended for hard-core and experienced players as newer players have a higher chance of getting sucked into making rash bets after being enticed by the high odds on offer, thus proving to be simply just cannon fodder for the bookmakers who are more than willing to collect bets from such players.