Live betting is the new frontier in sports betting. Live betting was unable to become an option until relatively recently due to better technology. The original form of live betting was only able to be offered during commercial breaks, but now we are able to bet the NFL live after most plays. That has helped increase the action on every game as bettors who didn’t get involved in a game initially might hop in after a score or a big play.
Betting Live on the NFL
One of the first things to keep in mind when live betting the NFL is that games are usually on a six- to seven-second delay due to the infamous Super Bowl XXXVIII Halftime Show incident. The delay is even longer if you are using satellite television, so keep that in mind if you are looking to live bet the NFL at a sports bar.
There are different types of wagers you can make while live betting. The most common types are just extensions of the original bets you can make prior to the start of a game. These include live betting on spreads, totals, and moneylines. You might want to do this in order to hedge a bet, or you may just find an advantage.
Bettors can essentially play both sides in an effort to hit a middle during live betting, but this can be tricky. When we are talking about hitting middles, that means wagering on both sides of a game and having a winning outcome on both wagers.
For example, let’s say Team A is a seven-point favorite prior to kickoff against Team B. Team B goes down the field and scores a touchdown on its opening drive and converts the extra point to take a 7-0 lead. A bettor might look at this as a great opportunity to get a better price on Team A, and the live betting odds might move to make Team A a four-point favorite in live betting.
That same bettor may then make another bet later in the game. Let’s assume that the bettor’s first inclination was correct, and that Team A ended up coming back and is leading 24-7 near the end of the second quarter. At that point, the bettor might be inclined to make a wager on Team B. Team B might be known as a second half team that makes good adjustments at halftime, and he might be able to get that team at +10.
At that point, the bettor is guaranteed to win at least one side of their bet. The bettor has Team A at -4 and Team B at +10, and they are hoping to hit the middle and win both sides of the game. If Team A wins by 5-9 points, both bets would cash and result in a nice payout for that bettor.
Of course, this can be difficult to do, and you may end up with some bad numbers along the way as you try to arbitrage. However, this can be a way to make some nice money live betting the NFL. Think of it like day trading in the stock market. There are some serious profits to be made for shrewd investors, and there are some strong similarities between the two behaviors.
There is also betting available for individual plays. If you have an insight on a particular team, your knowledge could come in handy. Some sportsbooks will offer bets on whether the next play will be a run or a pass, whether a team will score on its next possession, and you could see bets on whether a kicker will make a clutch field goal late in the game.
Certain teams are known to be slow starters, and others are known to start hot and then tail off as the game progresses. There are coaches that have exceptional scripts for the first 10-15 plays of the game, but they don’t fare as well as the game wears on. This can be particularly true of rookie quarterbacks still learning the position, as their coaches will give them comfortable throws they have practiced repeatedly to get them in the groove. Once they get off script, things are much more dicey.