Live sports betting is a hugely popular activity with many serious sports bettors, but a majority of casual gamblers don’t ever take advantage of this. If you want to fine tune your personal wagering and start making more money, this is definitely a type of bet that you will want to learn the ins and outs of. With Bovada’s platform (live.bovada.lv) you can participate in real time with live sports betting, and this can mean huge profits when you are on a hot streak. Ideally, you will want to be watching the game on your television or computer so you know what’s going on in the game and what current game conditions are indicating. This is a great way for the sports fan to take control of their wagers and show off their knowledge when it comes to their favorite team.
The way it works is pretty simple. Let’s look at NFL football as an example. Each play, each snap of the ball, has a certain number of outcomes. There could be a pass attempt or a rushing play. The quarterback could throw a touchdown, or he could be sacked. Your job, as the bettor, is to try and figure out what the next play will be and how it will turn out. Obviously this is something that a rabid sports fan would have a better grasp on. So if the Jets are playing the Ravens, and it’s the Jets’ ball, you will want to try and predict the play that QB Mark Sanchez will make next. Someone who knows the Jets’ play list will do better here than a newbie to the game.
With Bovada, this is a really easy thing to do. You just sign into your account, load up the live in-game betting screen, and start following along. Your choices will update with each play, and you can make a bet, or you can sit out for a play or two. When you do feel certain about a future play, you can click on the amount you want to bet and what you think will happen. The payout amounts are posted right next to the play for your ease of decision making.
There are a lot of different sports that you can bet on. American football is popular, as is international soccer, MLB baseball, and NBA basketball. If it’s a major sporting event, you can probably bet on live games. This provides a unique way for the sports fan to enjoy themselves and invest themselves into the action. You haven’t really experienced a full-fledged sports betting experience until you’ve bet on events as they occur.
The bets that you make will largely be prop bets. This means that you’re looking at a certain occurrence at a certain time. Will the next play bring a touchdown? Will there be a run scored in the current inning? These types of bets are short term wagers, so you can use them to help supplement your other bets. For example, if you’ve bet $100 on the money line of an NFL game, this is a longer term bet. Think of this like how you would build an investment portfolio. You want your long term bonds as the backbone of your wealth building, but you also want to take some risks with fast moving stocks too. The money line bet is that long term investment, while the live bets you make more closely resemble hot stocks. A good investor knows that they can multiply their earnings by correctly using this diversity, and as a bettor, you can use live betting to accomplish the same effect if you go about it in a smart fashion.
Another great thing about live betting is that you can tailor it to your needs. If you want to bet small, for value, you can bet as little as $1. Or, if you’re a high roller, you can bet up to $100 per play. Pretty much anyone will be happy in between these two amounts, and you can even vary your bets according to where you are with your profits and losses for the day or week. One popular method involves varying your bet size in accordance with the perceived advantage that you have. So if you think there’s a high chance of a complete pass being thrown, you can bet more than what you would bet if you were unsure. You can also vary your bet sizes according to the payout. If a touchdown pays out +700, you would obviously want to risk a lot less than if the payout was -150. A big payout means you can bet less and win more. Because of the wide array of choices that live betting provides, you can always adjust for these payouts as you progress.
