Betting live on an event can be hugely enjoyable, and if done right, extremely profitable. Whether its Horse Racing, Cricket, Football, Tennis or any other sport that is your passion, betting in-play can be much more profitable than outright betting or gambling, but only if you know what you are doing!
The explosion in online betting over the last few years, with Betfair going from strength to strength and more and more online bookmakers offering a wider variety of bets on almost any market, has meant that the opportunities for in-play betting have increased many fold. To those astute enough to do the required research and identify the opportunities, this can be a goldmine of opportunities. However, for the unwary this can be a minefield and the road to financial disaster.
The advantages of in play betting mean that you can alter your view, or “position” on a betting market as the events unfold in front of you. There are a lot of murmurings about on-course betting in horse racing, or so-called “court-siders” at tennis matches who gain an edge by placing a bet ahead of punters watching “live pictures”. Although this undoubtedly goes on, it has largely been redressed by the implementation of time delays on the betting exchanges and bookmaker sites to help level the playing field. click on this article It is the informed and well-researched professional who will be able to identify and pick-off the profitable opportunities that play out in front of them.
So how can you actually profit from in-play betting? Most successful practitioners make their profit from the wild swings in prices and frequent “over-reactions” by the market to events such as a goal being scored in a football match, a wicket falling in 20-20 Cricket, or a break of serve in a tennis match. Backing when they feel the price is too high and laying when the price drops too low. With in-play betting, most professionals will have finished betting with a profit while the event is still in play and other gamblers are left sweating on the final result. The key will be in being thorough enough to identify and act on these opportunities.