Live betting may be a bit of an oddity for new sports bettors. Even if you’ve bet on sports before, you probably haven’t seen many betting options after the games begin. That’s what live betting is, however. Once a game is in progress, sportsbooks can offer new betting opportunities on the fly.
As you visit online sportsbooks in Illinois, you will see live betting options prominently featured on the apps. It’s important to know what they are and how they work. Most of all, it’s important to grasp how your favorite teams might be the subject of live betting.
Live sports betting is a type of wager that takes place after a game or match has begun. It is also known as in-play or in-game wagering. Live wagering is usually a form of prop betting because it rarely involves queries about the game’s outcome.
Live bets break down into one of three types of wagers. They are:
Because of these options (especially partial game results), live betting can push the number of bets available on any one game into the hundreds. Needless to say, sportsbooks like to increase the number of possible wagers. It can be exciting because live bets give you a second bite at the apple for the game you’ve chosen.
So, if you’d like to try live betting, you should know the basics. Here are some of the live bets you’ll find for the top Chicago sports teams.
Before we begin, it’s important to mention that one of the restrictions of the Illinois sports betting law pertains to live betting. Because placing wagers on the performance of a college athlete isn’t permitted; therefore, that includes live wagers. Furthermore, bets on Illinois college teams is also not allowed.
Football is the most popular sport in America, both in terms of viewership and in terms of sports betting. For example, the Super Bowl is the busiest sports betting day of the year.
Illinois is home to a single NFL franchise: Chicago Bears. Naturally, you’re going to see plenty of options for live betting during the NFL season. Typical NFL live bets could be some of the following:
NBA games are popular events, particularly when the playoffs begin. Each game’s amount of scoring means that there are always opportunities for NBA live bets. Illinois’ lone NBA representative is the Chicago Bulls. Here are some possibilities:
MLB games feature America’s Pastime played at the highest level. With 162 regular-season games and the playoffs, there are always plenty of live betting opportunities during a baseball game. Illinois has two Major League Baseball teams: the Chicago Cubs and the Chicago White Sox. So, here are some of the MLB live bets you could see for the majors:
NHL games are always fast-paced and exciting. Few things match the thrill of a lightning-fast goal hitting the net and the joyous blasts of the goal horn. Illinois hockey fans throw their support behind the Chicago Blackhawks. Here are some of the NHL live bets you could see:
With so many options, it’s understandable if you’re excited to give in-game betting a try. So, let’s talk about some habits that you should do to be successful.
Firstly, is realize is that you’re dealing with an entirely different animal than you were before the game began. More variables are affecting the bet and less time for you to consider them. So, here are few live betting tips to make sure that your in-game betting experience goes smoothly:
There is certainly more than one way to live bet properly. Experimentation and testing are part of the game, so it’s OK to try something new. However, be sure that you don’t fall into some of these traps associated with live betting online:
There is likely no hotter type of betting right now than live betting. The ability to add hundreds of wagers to each game has attracted sportsbooks and bettors alike, albeit for different reasons. The speed associated with live betting may not be for everyone. If you’d prefer a more casual approach to your sports betting in Illinois, that’s perfectly reasonable and acceptable.
However, few other sports bets can expand your options and your game more than live betting. As long as you can keep a handle on your emotions and your bankroll, there’s no reason in-play wagering can’t be part of your arsenal.