What is Live Betting? Sports Betting Terms Explained

Last Updated:

Have you ever wondered about live betting or in-play betting in the world of sports betting? In this article, we’ll explore the concept of live betting and how it offers a dynamic and engaging way to place wagers on games and events as they unfold.

Understanding Live Betting

Live betting, often referred to as in-play betting, is a thrilling form of sports wagering that allows you to place bets on a game or event while it’s happening in real-time. Unlike traditional betting, where bets are made before the game begins, live betting opens up a world of opportunities during the course of the event. Sports betting apps have sections where you can see what live events are taking place for you to bet on. Here we can see this on FanDuel. Notice how the odds on the top tennis match have green and red outlines. This indicates that lines are both moving up and down.

live betting on fanduel

How Live Betting Works

Here’s a brief overview of how live betting operates:

  1. Constantly Updated Odds: In live betting, the odds and lines are constantly updated to reflect the evolving dynamics of the game. This means that you can observe the action and make informed bets based on the changing circumstances.
  2. Seizing Opportunities: Live betting provides bettors with the chance to seize opportunities as they arise. If you notice a favorable shift in the odds that aligns with your predictions, you can place a bet in real-time.
  3. Additional Information: Live betting offers a wealth of information that can be advantageous for bettors. You can assess a team’s performance, individual player statistics, and the flow of the game to make more informed betting decisions.

Betting Responsibly and Strategically

While live betting is an exciting way to engage with sports wagering, it’s essential to approach it responsibly and with a strategy in mind. Here are a few tips to keep in mind:

  1. Set Limits: Determine your betting limits before engaging in live betting to ensure you don’t overextend yourself.
  2. Stay Informed: Stay updated on the game’s progress and gather as much information as possible before placing bets.
  3. Have a Plan: Develop a betting strategy that aligns with your sports knowledge and objectives. Avoid impulsive bets.

In conclusion, live betting, or in-play betting, adds an extra layer of excitement to the world of sports wagering. It allows you to be part of the action as it unfolds and make bets based on real-time events. However, it’s crucial to approach live betting responsibly, set limits, and have a clear strategy to make the most of this dynamic form of sports betting.

So, the next time you watch a game, consider diving into live betting for an interactive and engaging sports betting experience.

Looking for more information about the best sportsbooks offers? Go to our list of the top sportsbook promotions in your state.

Betting Hero Help Center

Eamonn KeenanEamonn Keenan
Eamonn Keenan, with a Digital Arts Degree from the University of Tampa, brings over a decade of sports betting experience to his role as Creative Director at BettingHero.com. Starting with Betting Hero in the Fall of 2020, Eamonn has been deeply involved in the industry, assisting customers with major sportsbook and casino operators like BetMGM, Caesars, DraftKings, and others. A self-proclaimed sports fanatic, he has a keen interest in professional hockey, MMA, NFL, NCAAB, NCAAF, and MLB. Eamonn enjoys researching teams and players to predict game outcomes, highlighting his passion for sports betting.