Complete Guide To Understanding live betting

To live betting these are bets placed during a game, match or sporting event. They are available for various sports and also for some of the biggest e-sports of the moment. They are also called in-play betting or bets in-play , which simply means that they are made in real time.

The largest betting sites have been offering this possibility to their users for a few years now. Since they were launched, in-play betting has become the favorite way of placing bets online for a large number of fans. For these, they are more attractive, since they involve more speed, interactivity, action and risk. But don't worry! There is for all types of people: those who prefer not to take so many risks can also opt for this type of bet, since there is usually the option to withdraw the amount invested ( cash out ) before the game ends.

Are there any differences between normal bets and real-time bets? Yes, and further down we list all of them, as well as the main similarities. For now, suffice it to say that betting live is not the same as placing a “normal” sports bet (which we can also call a “closed bet”, since it is made exclusively before the start of the game). In real-time betting, you will face several other factors to deal with when testing your guesses.

Usually people know the traditional sports betting : you place a bet on a game before it starts. After the end of the match, you learn whether you have made a profit or lost the amount invested. There is no turning back and you don't necessarily have to watch the game. Usually, more experienced bettors take time out of the day to place their bets on future events and then go back to the site to see how much they have made and how much they have lost. In this situation, there may not be much interaction with the world

In recent years, betting sites have realized that it was possible to enhance the user experience through more interactive, agile and flexible betting. In this way, live betting, which is done during sporting events, has created possibilities for entirely new markets. This is how they earned their place in the virtual world and acquired loyal fans.

The truth is, if you are a sports fan and already bet regularly, of live betting it's a more rewarding way to bet online. If you usually watch matches and follow championships, then it is much more profitable to use live betting, since you will have more information on which to base your guesses (you can rely, for example, on the performance of the players during the match itself instead of analyzing previous performances) and have more chances to make a profit.

At the same time, you also have the option to cancel your bets if you realize that they are not likely to win. This functionality is called cash out and we will talk about it further in this article.

With live betting, you can bet for virtually the entire duration of the game. And not just on who you think will win the match. In-play betting offers several markets to bet on. In football betting, for example, you can place bets on which player will score the next goal, or in what exact minute a goal will be scored, plus dozens of other possibilities.

The number and diversity of bets available depends, of course, on the site you are betting on. But usually betting sites already offer a wide range of live bets. The best ones even offer streaming for you to watch the matches from wherever you are, from your mobile or computer.

Recap, then: why do live betting ? What are the advantages to bettors? We will explore these topics in depth throughout this article, but in summary, this type of bet offers a more engaging and flexible entertainment experience for bettors, mainly because of its dynamic character.

They work in a very similar way to closed bets. First, you register on the betting site (we recommend a few that we have reviewed here at New ZealandCasinos below). Then you locate the match you want to bet on. To view it in the board from real-time betting, the match needs to be ongoing.

From there, just proceed with your bet as normal. Choose the market, check the odds, enter the amount to invest and confirm your bet. Below, we talk a little more about the similarities and differences between the two types of bets.

The process of placing the bet on the site is the same. The difference is that in-play Bets will only be open after the start of the Match/Game/event.

Live bets are more difficult to predict having little experience in the matter. If you are starting your betting career now, it is better not to start with live betting. Once you are more familiar with online betting and fully understand how it works, you can start taking chances in live betting.

The odds are one of the factors that vary the most between live betting and closed bets. Odds are set individually by betting sites, and they tend to approximate the Dollar (NZD) odds of the match outcome through calculations that take many variables into account. In closed bets, the odds do not vary between the time of your bet and the end of the match, and they are calculated quite accurately. In real-time betting, the odds vary all the time, and the site has to be constantly modifying them to keep up with the development of the game. In this sense, the odds may be different when you place the bet than when the game ends, but your bet will always receive the profit according to the odds you bet on.

As a result, floating odds require more attention from the bettor. You need to know the right time to take advantage of good odds.

The types of open markets will be different. Generally, you will be able to place much more specific bets with live betting. Some of them may not even have to do with the final winner of the match, but with specific moments of the event.

In live betting, some sites give you the option to cash out (cancel the bet) before the final outcome of the game. This (yet) is not possible in closed bets.

There are many sports and e-sports (electronic sports) in which you have the possibility to place live bets. However, keep in mind that not all sites offer this functionality. Below we list the sports in which you can make in-play betting:

• Football
• Tennis
• Volleyball
• Handball
• Hockey
• Ice Hockey
• Basketball
• American Football
• Baseball
• League of Legends
• Counter-Strike: Global Offensive
• Defense of the Ancients 2

The types of live bets available vary greatly depending on the sport (or e-sport) you are betting on and the website you are betting on. However, it is possible to outline the basic bets that almost always appear:

For a few years now, bookmakers have been offering the possibility to place live bets. The functionality called cash out , which is one of the main reasons that attracts bettors to live betting, is a little more recent.

So what is cash out? Basically, this function allows you to place an in-play bet and cancel it before the event ends. When this happens, it is said that you are “cashing out”.

And how does it work in practice? It is quite simple to understand. For example, let's say you are going to bet on the unforgettable match between New Zealand and Germany in the semifinal of the 2014 World Cup. As soon as the game starts, you bet a huge amount in favor of the New Zealand national team. Halfway through the first half, however, the score is 2×0 for Germany and you are biting your nails on the end of the sofa, worried about losing everything you bet.

On sites that offer the cash out function, you have the opportunity to cancel your bet before the end of the game, at any time you want. In the case of the match we mentioned, the wisest thing would be to close the bet as soon as possible, because the odds would not yet be so unbalanced. Thus, you close the BET and receive back an amount calculated through the odds of the moment.

On the other hand, if you wait for Germany to score two or three more (or five!) goals to close the bet, you get back a much lower amount, as the odds will be entirely against Team New Zealand. Cash out thus allows you to minimize your losses in case the bet is not going in your favor.

But that's not all. With cash out, you can also "sell" the bookie a good bet. For example, imagine that you bet on Germany in the previous scenario at the very beginning of the game. You do not know the result yet, and in the middle of the first half, with the score 2×0 in favor of Germany, you can sell your bet before the game ends and profit a percentage according to the odds of the moment.

The decision, of course, will always be yours. But keep in mind that not all sites offer the cash out function.

A few years ago, the options of sports betting sites in New Zealand were quite limited. Today, however, you will find dozens of foreign sites that open their doors to New Zealand players. Most of them offer bet bonus and several attractive advantages for its users.

Since there are several options on the market, among them we also find companies that do not demonstrate reliability and honesty, and some of which it is better to stay away from. In this sense, it becomes much more difficult to choose a site to bet on today than a few years ago. Currently, we also have more information at our disposal to make the best possible choice of where to invest our time and money.

It is worth remembering that live betting, which is a newer feature, is not present on all betting sites. However, on larger sites you will always find a significant amount of open markets. To choose the best live betting site, keep in mind the sport you want to bet on. Some sites may not offer all the sports and esports that we have listed above.

If you intend to bet on popular sports such as football and basketball, you are sure to find options at most bookmakers. If you want to bet on less popular sports, it's best to take some time to research before signing up. In any case, it is worth paying attention to the odds offered (whether they are favorable to players or not). In some betting forums, you will be able to find useful information from other users to know which site usually offers better odds in a particular sport.

In addition, you must also choose a site that offers good advantages for live betting , such as live streaming of matches, real-time statistics and cash out option. If you think about profiting from betting, it is worth having these features.

Below, check out the best sites to place live bets that we have separated for you. All of them have been evaluated and are recommended by our team. You can also visit them and read our reviews whenever you want.

There are a number of basic principles and factors that you must understand and master to become successful at online betting. In our sports betting guide and not eSports betting guide , we explain in detail each of these factors. If you are new to the world of betting, we strongly recommend this reading, as it is essential for you to understand that betting is not a simple matter.

Of course, there are bettors who just want to have fun once in a while, and they don't care much about odds, profit percentages and other technical terms. And that's okay. But if you want to consistently profit and become better and better, your approach should be another, more serious and focused. We recommend our readers to always conduct intense research before placing a bet.

Our betting guides, which you can find in the main menu of New ZealandCasinos, will help you to know and understand the main elements of online betting. In them, we accompany you step by step so that you become a successful bettor, extensively covering topics such as:

• Types of online bets and types of Sports Betting, including in-play betting.
• Odds and probabilities.
• How to determine the amount of a bet.
• How to determine the profit from a bet.
• How to calculate the possible outcomes of a match.
• Betting strategies most used by professionals.
• Features you can use in your Sports Betting.
• Step by step to place your first bets online.
• How much you can profit from betting.
• How to set a budget limit for betting based on your pocket.
• How to recognize advantageous bonuses and reliable betting sites.
• Among other various topics that we have addressed throughout several articles.

Whether you are an aspiring professional bettor or if you are looking for some return from the bets you already make, reading these guides can give you a great foundation to start off on the right foot.

Below we will focus more carefully on the features of live betting.

We must point out that live betting is not the best option for those who are just now taking their first steps in online betting. It takes some experience in closed bets as well as in-play bets to develop a good eye and learn the right time to wait and place a bet.

In addition, you need a good understanding of the sport you are betting on, including the teams or players that are on the field. However, if you are dedicated to learning, researching and always being aware of the news of the sports universe, the advantages can be many.

The best way to start your betting career is to start betting small amounts on a regular basis. Regularity allows you to learn more quickly than if you bet only once in a while. When it comes to real-time betting, discipline is important. It is much easier to get excited about betting when you are following the game live than when you place a closed bet. Emotions take over and most of the time they don't result in good choices.

In this sense, always be aware of your budget and never exceed it, for any reason. As your confidence and knowledge grows, the value of your bets can also grow; but always pay attention to how much you can afford to lose!

Another important point to win in the live betting it is to understand the markets and how they change during the match . That is, how the odds react to the events of a match. Keeping an eye on these details can mean the difference between a great bet and a losing bet. We talk more about this in the strategies section.

We cannot leave you without some basic strategies to put into practice in live betting and start this adventure on the right foot. No strategy is bulletproof, and it is much more up to the bettor to know how to take advantage of the bets than to follow a rule to the letter. Real-time betting often involves making quick decisions that can't wait for you to look at your strategy queue. At the end of the day, when working with a certain sport and with fluctuating odds, over time you will develop your own strategies and train your eye to know when to take (or not) certain risks.

The resources and tips we show you above and the strategies we bring you below will help you from the right direction and avoid some common mistakes of beginners. Enjoy!

Bookmakers ' mobile apps are quickly monopolizing the way to place bets online. They are usually created for both iOS and Android devices – for other operating systems, such as Windows Phone, they are more difficult to find.

Nowadays, apps are the fastest and most practical way to place bets, since you can take them with you on your smartphone wherever you go. With just a few taps and in a few minutes, it is possible to place a bet through the mobile phone at work, at the House of friends, at the shopping , and so on. Application interfaces are generally designed to make your experience as easy as possible.

Most large betting sites already offer these apps to their users. In them, you go to your site account and see all available bets. It is possible to place in-play bets directly in the app, or just follow the fluctuation of the odds. The apps offer all the functionalities present on the site, which means that you do not lose anything when betting through them. Some even offer special bonuses and perks.

Pay attention only to the detail that some (only some) applications are restricted to offer only the function of seeing the odds and tracking the livescore of the matches, not allowing to place bets. This is because, as a rule, New Zealand's Google Play and Apple Store do not allow betting apps that use real money.

Thus, the way to download betting applications is always through the official website of the bookmaker. There, you will find the download link and the step by step to download the app and install it. In our reviews, we always specify whether the site offers a mobile application for placing bets and review its functionality. Applications are completely free to download.

In the case of real-time betting, apps are even more convenient, since they allow you to bet while watching the game on TV or at a friend's house, without having to be tied to the computer. Most bettors enjoy the possibility of not missing the chance to place a good bet no matter where they are.

Below is a list of the best sites reviewed by us that offer sports betting apps for smartphones.

• World Cup

A FIFA World Cup it is the fiercest and most watched men's football competition around the world. The event is highly anticipated and takes place every four years in different host countries. The coverage is total, which means you'll have plenty of information to work with to make your best guesses. In addition, making live bets on matches between national teams with the best players in the world is a rather extraordinary experience. However, the games are quite volatile and full of surprises, and the calendar is tight, which demands constant and redoubled attention when betting.

• America's Cup

Like the FIFA World Cup, the Copa America is one of the largest and most contested men's football championships in the world, played between the national teams of South America. Check out our special guide on betting on America's Cup 2022 and stay on top of what we predict for the event.

• LoL World Championship

The League of Legends World Championship has been held annually since 2011. In it, the best LoL teams gather, who compete for the title of world champions and a prize that reaches the millions of dollars. The public success that the championship covers around the globe is easily compared to the largest sports competitions in the world. And since we are talking only about the best teams, the matches are extremely exciting and competitive, which makes betting quite interesting.

• The International Dota 2

The Defense of the Ancients 2 World Championship brings together professional esports teams to compete every year in a major event. The 2018 edition alone awarded the winners more than $ 22 million. Already the audience of spectators surely exceeds this mark every year. On several sites, it is possible to place in-play bets on the competition.

As we have seen in this article, live betting is not a seven-headed monster. Here, you have learned the essentials to launch your live betting career as a top bettor. We have seen important strategies and tips to apply in this type of BET, what are its characteristics and advantages, as well as the best sites that offer this functionality and that are available to the New Zealand public. We have also seen how the cash out option works and what purpose it serves.

At the end, we provide a glossary for you to familiarize yourself with the terms used during real-time betting. Many of them are in English, so it's good to get to know them before you start.

If you already have experience in the world of online betting, you will realize that it is possible to adapt to the pace of in-play betting quickly. By following our tips and reading the other guides that we have already published here, you will come out ahead of most other bettors.

If you plan to bet live even today, don't forget to check out the promotions and bonuses that our partner sites offer new ZealandCasinos readers!