This following statement might sound like an exaggeration, but it is very much the case: live betting in modern sports gambling is the truth, the way, and the life. That’s why every sportsbook nowadays includes a live betting feature as part of their portfolio – it is just that important for punters. What’s live betting, however?
Live Or In-play Betting
Live betting, also known as in-play betting, simply means placing wagers on a sporting event that has already started. See, the most traditional way of placing bets involves pre-match betting. This is where a punter browses through upcoming sports events, and places wagers on outcomes from those matches. This consists in doing plenty of analysis of players, teams, and the league, such as looking at the most recent results from matches to know what might come true or turn out false in an upcoming game. Once the game starts, the punter has nothing left to do except patiently wait for the play to conclude, hoping their predictions prove true. This passive way of betting is the opposite of in-play betting, which allows punters to participate actively by placing live bets. Because punters can react to new information as it transpires on the field of play, live betting is a gold mine for those seeking to maximize profits from sports betting. Plenty of sports, including soccer, tennis, and the NFL, allow punters to jump on great live betting opportunities. However, cricket is one of the most profitable sports for live betting today.
Cricket Live Streaming
To place live bets on cricket or any other sport, the punter needs to be able to watch the match. Those who can attend a live match in person are a lucky bunch. These punters have the chance to react quickly to dynamic situations on the pitch because they receive the information at the same time the bookmaker does. There’s another option for those who can’t get to the stadiums. Modern sportsbooks – especially the more established ones – offer free live streaming of cricket matches. Some of the best platforms can have a live streaming window on the same page that features live betting markets, allowing the punter to view the action of the field of play as they contemplate which wagers to place. The third option is to watch the match live on TV with a mobile live betting device in hand.
Cricket Live Betting Opportunities
As mentioned earlier, cricket is a sport that offers excellent live betting markets for punters who are adventurous and sharp enough to be able to utilize opportunities when they’re presented. Here are a few examples of live betting markets for cricket:
- Score at the fall of the next wicket: predicting what the scoreline will be when the next wicket falls.
- Session runs: how many runs will be scored in a specific session of a test match?
- Over/under runs: how many runs will the leadoff player score?
- Runs in “X” overs: how many runs will be scored in the first “X” overs?
- Wickets lost: how many wickets will be lost before “X” no. of runs are scored?
Now that we’ve looked at some of the most popular in-play markets for cricket, it’s helpful to underline that timeliness is the key to live betting. Bookmakers also follow up on live matches, adjusting betting odds according to their estimation of the probability of certain outcomes coming true. A punter’s success at in-play betting is predicated upon their ability to react quicker than their bookie.