Nowadays one of the biggest features of sportsbooks is live betting. Together with the best offers on betting sites, it is likely one of the first sections that you will see there. It’s a fluid, interactive betting feature that has tremendous appeal for punters.

But even though live betting is dynamic and engaging, there are a few key things to remember about this mode of wagering. It still demands patience and planning so that you don’t fall into the pit of making unplanned risky bets.

Here are a few pointers to remember when live betting.

Find The Right Interface

More likely than not, you will be looking at live betting markets on a mobile device, as an app allows you to have quick, convenient access to the sportsbook. Get one from reputable UK betting sites like Unibet or Bet365.

Finding a live betting interface that is easy to navigate, quick to operate and feature-packed so that you can get to additions like Cash Out, is just going to make the entire process much easier. Don’t forget to look for in-app bonuses too.

Live Streaming 

Live streaming is a service that any level of customers would like to see at bookmakers. Watching a sporting event is so important for live betting since it creates real-time access to the course of the game you are betting on  and you can see if the situation is going in your favour or not. 

Live Betting Tips

There’s nothing wrong with looking at betting tips, to help plan out live bets. Particularly when they are used for information more so than as a betting option carved in stone. Just like looking at the latest sports news, reading betting tips can offer some insights into a game that you may have missed. Like a team conceding first-half goals. At the end of the day, it is important to back yourself and your plans.

Waiting Creates Value in Live Football Betting

Time is a huge factor in live football betting. Let’s say at kick-off, Manchester City are 1/2 odds-on to beat Chelsea at home in the Premier League. The Citizens have 90 minutes to deliver that victory. But what happens when Chelsea’s defence is still standing firm after 30 minutes? City now only have 60 minutes left to win the match.

So opportunity and probability of them doing so have decreased. On the flip side, if Chelsea were to sneak the first goal, there’s less time on the clock for them to defend. So you will see the odds on City lengthen from their original quote. While live betting feels fast-paced, it’s a huge game of patience.  

Hedging Opportunities

Hedge betting situations may not appeal to everyone, as hedging can be double the work of picking out a win single. There is a point of view that hedging also trims back on value. As hedging locks in a win regardless of the outcome of a match, you are not going to be playing for a big one-time payout. 

Instead, smaller profits are targeted, so you have to look at the long play. A simple example of hedging is placing Man City to win pre-match, then waiting for a live betting opportunity to lay them. That may be in the situation where Chelsea score early, or the game edges towards a half-time draw.

Arming yourself with both a traditional sportsbook account at somewhere like BetVictor, and also holding an exchange account at somewhere like Betfair or Smarkets is just going to open so many more doors of opportunity.

Be Prepared for Cash Out

The Cash Out feature is key for live football betting. You need to have a plan, to go into a game with ideas of what to do if certain scenarios arrive. It could be as simple as betting on a pre-match underdog in the match outright and hitting the Cash Out tool if they have opened the scoring.

Full Cash Out and Partial Cash Out tools are fantastic for allowing you to have full control of your betting opportunities. Most of the common football betting markets will likely have Cash Out available on them. At Match.Center you will find a full list of reliable bookies with their special features mentioned, so will know if this or that bookmakers offers Cash Out and for which betting markets.

Let Losses Be

A golden rule of live football betting? Don’t go chasing losses. You have to be prepared for losses, as they are going to happen. That should be all planned out as part of managing your bankroll to start with. But even if your best-laid plans have gone south, don’t panic. 

Don’t change your plans for a risky big bet to try and claw back losses. That’s just forcing things which haven’t been planned out and it generally never ends well. Stick to your plans. If over time the plans aren’t working, take the information and tweak your strategy.

Live Betting Summary

After the kick-off in a football match, you will see a host of new markets along with rising and falling odds. There is a lot to be taken away from live betting. If nothing else it is patience and building in-play strategies slowly.

Don’t just jump in with two feet and try and follow five Champions League matches with live betting all on the same night at the same time. That’s not a great recipe for success as it’s going to be tough to focus. Just because so many opportunities exist for one match of live betting, doesn’t mean that you have to bet on a stack of them all at once.