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Betting and sports are inseparable these days, and nowhere is this more evident than on social media. Professional sports leagues and teams are on Snapchat more than 90% of the time, Twitter users follow sports news and scores more than twice as much as they do regular news, and Facebook users like seeing live scores, analyzing stats, and getting info on upcoming games.
Live betting is the practice of placing bets on sporting events as they happen, rather than waiting for the results. Although this sounds like a thrill, it can also be dangerous. If you’re not careful, you could lose a lot of money very quickly – especially if you’re not a professional gambler. That’s why we’ve gone through the process of telling you how live betting in BetOnline works, and what you should keep an eye out for.
How Does Live Betting Work in BetOnline?
For starters, live betting is available only at a handful of sportsbooks – and only in a few countries. To be able to participate in live betting, you’ll need to have an online account with BetOnline. Once you make your account, you’ll see a pop-up window that you need to accept before you can use the service. Once you’re able to make a deposit, you’ll be presented with a range of options for placing bets – including live odds, which are updated in real-time as events unfold. You’ll also find a live tracker for major sporting events, including NFL, NBA, and college football.
Is It Possible to Win Big on Sports Betting?
The short answer is yes. It is possible to win a lot of money on sports betting, especially if you’re playing professionally and know what you’re doing. To put it in perspective, the top-rated American sportsbooks have paid out over $13 million in winnings to their customers in 2018 alone. That’s a significant amount of money, especially in a year where the overall sports betting marketplace saw a decline in revenues.
To be able to pull off such a feat, you’ll need to be aware of a few key things. First, you’ll need to follow certain practices to ensure you’re playing by the rules and avoiding any unnecessary risks. For example, you’ll need to stay away from all-out football betting, as it’s considered an extremely high-risk game. You can also practice basic strategies, like betting on the underdogs, in order to maximize your winnings. Second, you’ll have to make good use of the tools and resources available to you on the site. For instance, you can follow team news, stats, box scores, and more – all from the same place, which saves you from having to search for the information piece by piece.
Can I Place Bets During A Sports Game?
This is another common question, and it’s answered with a big, fat ‘yes’. As a general rule, you can bet on sports whenever you want, as long as the book operates in your country. There are a few restrictions, though. For example, if the game is already in progress when you attempt to make a wager, then you’ll have to wait until the end of the game to get your bet in. Further, in most places, you’ll need to be ages 18 and above to legally place bets – though this varies from state to state. Finally, you’ll need to keep your wager below the minimum or maximum limits set by the bookmaker. The majority of sportsbooks have limits on how much you can wager per day or per week, so make sure you know what those limits are before you attempt to place a large wager.
Do I Need To Study Game Scores in Order to Place Profitable Bets?
One of the most common questions when it comes to sports betting is whether or not you need to know the final scores of the games you’re betting on. On the one hand, you certainly don’t need to know the full score in order to make a wager. For example, a hockey game that’s tied after regulation time has ended isn’t really any more difficult to wager on than a game that’s already been decided. On the other hand, knowing the full score could potentially maximize your winnings, especially if you follow certain trends or formulae that allow you to easily decipher the game’s final result. For instance, a team that shoots more 3s in a game will almost certainly win – although this isn’t always the case.
Which Bookmakers Offer Live Betting?
As we mentioned previously, betting and sports are inseparable these days, and nowhere is this more evident than on social media. In fact, over 60% of all bets that are placed each day are done so through social media. The most popular platforms among avid sports fans are Twitter and Facebook, so it shouldn’t come as a surprise that most bookmakers offer their services via these platforms. What are your options when it comes to placing bets?