Should I Use Live Betting After My NFL Picks
How to bet on your NFL picks is a process most bettors analyze during the week. Most off-shore books have a “live betting” category for those wanting to hedge their NFL picks. Betting the NFL games after they start is the latest trend of available options to hedge your original bet. or limit your perceived losses. What is live betting and how can you profit from this betting format.
What is live betting or sometimes called in-game running
Live betting allows bettors to wager during a live game with different lines posted after the game has started. New spread odds, money line and totals will be posted as the game progresses and how teams perform. Bettors can lock in profits by betting NFL games after they start and betting during the game.
The action is fast and bettors need to be focused to hedge their NFL picks when the timing is right. NFL betting trends and live betting can coincide to confirm your selective thought process.
NFL live betting options are ongoing and offer more betting numbers than NBA, MLB and NCAA football and basketball. But these sports will have good live betting numbers on the prime time match-up games.
Sports Books offer these betting options
Some Las Vegas books are starting to offer variables called “in game running” (live betting) to those who visit that Sports Book. Bettors find more opportunity with live betting after a game has started. This can be a good betting strategy to see what happens in the first quarter.
How to bet on NFL games is hard enough without more options to consider. But if you have a strategy to follow and a statistical database to utilize, live betting can be very beneficial.
There are times when you can lock-in a winning bet when the money lines change during the live betting process. An example is betting the ML (money line) at a plus number and getting the favorite at a plus line if they fall behind early.
An example of live betting profits
When SF was up 7 in the first quarter, the Rams moved from a ML favorite at -150 to a ML dog at +140. You can bet the 49ers at +130 for a buck ($100) before the game starts. Then bet the Rams after the game started on the live betting board at +140. You locked in a winning bet in the first quarter.
When you get a plus ML odds on two teams playing each other, you cannot lose. You can make either $30 or $40 on the winning team. You do not make as much money as you wanted but why turn down a sure thing — no risk and guaranteed profit.
When in doubt, wait for the game to start and get a better feel for your NFL pick. Watch the odds changing during the live betting posts that update frequently. It is a fast paced process with changing numbers after an interception, fumble or big play.
Be ready to place your live bet when you get your number. Remember, this is an optional tool to use if you want the excess action. If you are confident with your game bet, sit back and root home your NFL pick and cash your winner.
Keep your options open
Betting the NFL live option can be a little more stimulating than a straight bet before the game starts. You sit through the agony or the joy of watching your team perform. You have no options unless you can use a live betting format — if it is available. Half-time betting is OK but those numbers are usually pretty sharp and expensive.
How to bet on the NFL or NCAAF is a selective choice and live betting allows you to limit your losses.You can bail out of your position and cut your expected losses by 50% or more. When you bet a game on the under and a special teams quick touchdown can give you ulcers.
Wait for a decent live number to hedge your bet. Betting trends are good to find but not always consistent where live betting can adjust your perceived losses. If your NFL under pick is too risky to wait on, get out while you can without much damage.
Move on to another game day and limit your bad decisions. It happens to all of us. Learn to use live betting to increase your winning percentage and limit your possible losses.
Live betting opportunities
A totals bet during live betting can produce a big middle of around 10 points. A totals line of 44 to start can easily jump to 54 if there is double digit scoring in the first quarter. An over 44 bet before the game and an under 54 bet during live betting is a 10 point middle.
If the game goes over the 54 bet you lose one way and win the over 44 total. On a $100 bet each way, you risk $10 to win a middle of $200. Worth it every time!
The types of live bets offered are going to vary greatly depending on the sport and where you are betting. It requires a great deal of manpower and technology for a sports book to run live betting operations.
They have to set new lines in real time and do not have days or weeks to post their number. For all of these reasons, the types of bets offered are going to vary around the spread, money line and totals.
The benefits of live betting
The exciting reasons about live sports betting is there are so many great benefits and reasons to play. A lot of the benefits are similar to those you get from traditional wagers but are amplified with this new style.
What are some of the most popular reasons people get involved with live sports betting. From the volatility of NBA betting to NCAA scoring and NFL turnovers, live betting can be a savior. Technically, the odds on all bets are supposed to be correct or accurate to the final score.
The sports books spend lots of time and money hiring professionals. They need to set up computer systems to help them set the perfect odds on a live game. If they set a line incorrectly, they stand to lose a lot of money if bettors can jump on it before they adjust it.
Sports books are vulnerable
This becomes fairly easy and straightforward for the sports book when they have time to prepare and research their lines. Extra time cushions are gone with live sports betting.
The sports book is required to change odds and make predictions in real-time. They do not have time to second guess themselves because they have to stay up to pace with the game.
The pace of baseball is slow and better for the books. Football has their game clock before the next play and basketball has a fast and furious pace for books to adjust on the go. They usually wait for a timeout to change numbers.
Watch for soft lines and weak numbers
The two ways a sports book posts live odds is through a team of “brains” or smart bettors that set lines. These people are the best in the business at probability and are fairly accurate. The second way is through complex computer systems that take all the available data into account to set new lines.
The problem for the sports book is both systems are not perfect, especially in crunch time. Human error is inevitable and results in uneven odds. Computers can analyze quantitative data but cannot measure momentum and coaching.
Quantitative data has a numerical value which can be counted. This would be how many points the team scored, how much time is left, how many fouls players have committed. Things that cannot be measured are team morale, signs of injury or bad coaching decisions. Computers are not capable of catching these types of human factors that are not measurable.
The human errors and technological implications shows it is likely you are going to find an incorrect line. Profits are made with quick decisions from live betting mistakes and errors in judgement. The books will be guessing sometimes and post their numbers quickly and hope for the best.
When live betting works the best
Live betting is acknowledged as the latest and greatest when it comes to advancements in sports betting. Live betting offers players the ultimate experience in entertainment, betting flexibility, and money making opportunities. Available mainly online due to its highly technical nature, live betting provides players with new betting options.
Sometimes these wagers are offered between quarters or periods, and in some cases, they are offered after every single play or drive. Basically, you are able to bet on a multitude of different things at any point during the game.
Live sports books and casinos will have the fewest and sometimes no options for live betting. It is more technologically difficult to keep up with the action. Online sports books and casinos will have the most live betting options.
The most variety of betting options have the technological resources to keep up with the games. The changing action is a quick step process for bettors to use all the time. Bettors will have a learning curve to become more adept at using live betting. It is not something you learn overnight but it should be part of your betting strategy.