As to online betting, there cannot be any problems with their differentiation. Ground-based bookmakers do not have this problem, because all bets are placed on the sporting events that will take place in the future. This type of bet is called pre-match bets, also referred to as pre-play bets. These bets are also available at online bookmakers, but live bets are gradually replacing them when it comes to popularity. Bookmakers slang also has other names for such bets: live bets, in-play betting, livebetting. What is live betting and what benefits does it have?
Live betting – as you have probably guessed - is the kind of bet that is placed during the sporting event. No doubt, these bets require more knowledge and self-control than the pre-play bets. When placing live bets you will need good reflexes, intuition and a little luck. What can we get in return? We can get the possibility to make quick money, as well as (unfortunately) lose our money very quickly, adrenaline, and the follow up of live results during the live broadcast. The downside of live betting is the psychological aspect - after the defeat we want to get back what we have lost very quickly, which often leads to bankruptcy. On the other hand, nowhere else will we be able to earn money as fast as during a live game.
Almost each online bookmaker that values its customers offers live betting. It is no longer a novelty which means that the offers of different bookmakers are almost the same. Experienced players know where to make their money very well, but the new players do not always do. Therefore, we want to give you some tips. Excellent live bets are the ones that meet several requirements:
• There are many bets in the daily offer
• Bets are characterized by stable markets, which means that they can be placed from the beginning to the end of the match
• From the beginning of live betting, bookmakers provide us with the opportunity to watch live broadcast of matches with the help of special applications
• Bets are regularly and frequently updated, and the source of the results is reliable.
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The presented conditions are fulfilled by Bwin and Bet365. Both companies offer hundreds of weekly in-play bets, and most of them are also available with the option of live broadcasts, which is called the live streaming. Stability or market liquidity is very important for the players, because if we place a bet and want to counter it during the match in order to "reduce loss", we must have such an opportunity. Neither Bwin nor Bet365 remove the bets during the match. Unlike their competitors, the above mentioned bookmakers continuously update the results, with a maximum delay of 5-10 seconds. This is unusually important because we can be confident that the result displayed in the live section is correct and not misleading.
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