Arun – January 22, 2025
Live betting is one of the most popular new ways to place bets on some of the world’s biggest sporting events. This popular service enables you to place a live bet (aka in-play bet) as the action unfolds instead of only being able to place pre-match bets long before the event starts.
If you are new to live betting and want to know how to place more informed wagers on your favourite sports, you’re in luck. Here are several useful tips for anyone who is looking to bet in 2025 on a fully licensed and regulated iGaming website.
What is live betting?
Live betting is a legally permitted online betting service that allows anyone of legal age to place bets online in real-time on a sporting event as the action unfolds.
With live/in-play betting, the odds constantly change during the event to reflect real-time developments in the match, race or game. Therefore, live betting allows people to place far more strategic bets and gives them a better chance of winning (although still never guaranteed to win).
In other words, anyone taking advantage of live betting services today can adapt to what’s occurring in a sporting event instead of guessing what might happen long before the event has started.
You can keep an eye on what’s happening when you bet on live events and witness as the bookmaker adjusts the odds accordingly to represent what’s happening, giving punters a much fairer price for their chosen market(s).
Top live betting tips for beginners
People today have more control over their sports bets thanks to live betting. They also have access to more statistics and other useful real-time data that enables them to place more strategic bets.
The use of artificial intelligence software (big data gathering and analysis, machine learning, and other AI-powered tools) means that live betting odds are more accurate than pre-match betting odds.
Mastering the art of live betting is all about keeping your fingers on the pulse and being quick to react to get the best possible odds.
Here are some useful tips for beginners who are looking to place more strategic bets as the action unfolds:
- Where possible, watch the game/match/race you are betting on so you can quickly react and place far more tactical live bets
- Consider utilising cash-out options – some sites allow you to cash out your bets early for a reduced price
- Conduct plenty of research before a sporting event starts and gather as much relevant information as possible (injury news/updates, starting line-up, previous/historical results, formation/playstyle/gameplay strategies, current form, transfer rumours, and so on)
- Understand what the live betting odds (and implied probability rates) are trying to tell you
- Know the sport you are betting on
- Avoid placing pre-match bets and save your money for in-play betting
- Stick to betting on legally permitted iGaming sites like 1Bet and avoid betting on unlicensed and unregulated sportsbooks
- Gamble responsibly – start by setting a reasonable spending budget, take frequent session time reminders, set spending/deposit limits, and so on to ensure you don’t overspend
Final thoughts
You don’t necessarily have to have extensive knowledge of a sport before you place a bet, but it does help to understand the sport you are keen to bet on.
Also, although staying on top of the latest news and gossip, understanding odds and implied probability rates, and taking advantage of live betting can help you place informed bets, it’s also important to understand that you are still never guaranteed to win, even when betting on the favourites.
Live betting has opened up the world of sports betting to millions of people worldwide, and placing a bet as the action unfolds on trusted sites like 1Bet is super easy, even for beginners.