Best Live Sports Betting Strategies

Best Live Sports Betting Strategies

As live betting continues to become a much bigger phenomenon in the United States featuring more and more American sports after Europeans made it popular with soccer, the interest in handicapping and profiting from it also continues to grow exponentially.

Like any wagering options, there will always be ways to effectively break down the numbers from a handicapping perspective and gain an advantage over the sportsbook. Live betting is no different and can be more beatable and profitable if you are able to accurately predict what will happen next over a shorter period within the game.

Oddsmakers can only do so much to set live betting lines and cannot follow every play Agen Judi Bola Sbobet of every game in order to make the perfect number. But you can before you bet.

Learning Basic Live Betting Strategies

One of the best and most basic live sports betting strategies is to wager on the heavy favorite that trails in a game but still has a good opportunity to win straight up.

Bettors backing the favorite may have had to lay -300 on the moneyline before the game started, but now you may be able to get that same team at +100 in live betting. Of course this requires you to pay very close attention to the momentum of the game and determine if the team really has a chance to rally.

However, it is fairly common for the better team to get behind early and still come back to win without covering the spread.

Advanced Live Betting Strategies

Sometimes, you may even get the chance to middle a bet you placed beforehand or guarantee yourself a profit by hedging, which is taking the other side of your original wager at an attractive price.

While these are live betting strategies for more advanced professionals who know what they are doing, understanding the basic concepts are essential to learning how to profit from it. The more live betting opportunities you take advantage of, the more you will likely end up winning.

Who knows, you may become a live betting pro in no time and be able to create your own strategies based on what you learn. The choices are yours – literally – as you partake in your live betting experience.

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Money Management

Successfully betting on games and being able to consistently pick winners is obviously important. But in the long run, the most important aspect to making money in sports betting is money management. Over the course of a year, long winning and losing streaks are bound to happen. While winning streaks are a blast, losing streaks are very frustrating.

Bettors that have a solid grasp on money management will be able to survive cold streaks, while reckless bettors often see their bankrolls severely depleted or in some cases completely wiped out by them. So what are the keys to proper money management?

Establish a Bankroll

The first thing you should do is set aside a bankroll that will be used exclusively for sports betting. Constantly adding and taking out money makes it more difficult to keep track of your funds and build a betting structure around them.

Create a Unit Size

Now that you have established what amount you would like to use as your sports betting bankroll, the next step is deciding on a unit size. For larger bankrolls, consider a unit size in the range of one to three percent of your bankroll, with one percent being a bit more conservative and three percent being a bit more aggressive. For smaller bankrolls in which one to three percent isn’t a realistic bet size, consider the five to eight percent range.

Straight Bet and Stick to Your Unit Size

When you see a matchup you love, it is sometimes tempting to bet a large amount of your bankroll on it, but it is important to resist this urge. Stick to betting your unit size on every game. Keep an eye on your bankroll; if it increases or decreases by a substantial amount, recalculate your unit size based on the current status of your bankroll.

Professional sports bettors win 58 to 60 percent of the time, which means that even the best lose 40 percent of the time. Winning at a 60 percent rate over the long run is more than enough to make a long-term profit, but betting too much on a single game puts your bankroll in harm’s way with just a few bad bounces. Stay focused and disciplined.