In-game betting is one of the latest trends to take off in the sports betting industry. For the last two years, many leading sportsbooks have opened up live or in-game markets. When the fad started, only a few lines were offered. Now, live betting is a highly dynamic and fast-moving market, with dozens of bets opening up in longer games.
In-game betting has become so popular that it’s on the radar of bettors anytime they seek out new oddsmakers. Someone looking through a list of bonus bets might specifically seek out sportsbooks that have varied in-game markets like the one listed here. However, that doesn’t mean that live betting is a standard fare.
Live bets move incredibly quickly; the faster the sport, the faster these lines release and then close. If you want to enjoy your live betting experience and stay ahead of the pack, we have a few suggestions for you.
Avoid Parlays as a Beginner
That’s right—some sportsbooks offer parlays on their live markets. While these can be incredibly high-value (just like any well-placed parlay), they take advanced knowledge of the sport, teams, and even players involved.
Even one mistake can throw off the entire parlay—and it’s easy to make a few analytical mistakes during a fast-paced game. For this reason, we suggest testing the waters with one or two in-game wagers before diving into live parlays. Avoiding parlays as a beginner in sports betting is often considered a prudent approach.
Parlays involve combining multiple bets into a single wager, with the potential for a higher payout. While the allure of a big payday is tempting, there are several reasons why beginners might want to steer clear of parlays initially:
Make a Game Plan
In fact, one of the savviest ways to wager on live bets is to have a game plan when you’re watching the game. If you’re going to wager live, you’ve likely already done your research about a given matchup. Before the game gets underway, jot down a few outcomes that you’re comfortable targeting in terms of live markets.
One of the best ways to get started with in-game bets is to target the same wagers you would outside of a live game. You’ll already be a bit more prepared to dissect these live bets, giving you an edge.
Set Limits & Stick to Them
So far, we’ve focused on the speed at which live bets take place. It’s easy to mess up one wager, and then double down on the next.
But, just like making a game plan in terms of your betting targets, we also advise you to set betting limits. Don’t be afraid to start small in terms of your bet amounts for in-game markets—start slow, then scale up as your analytical skills start to keep pace with the live action.
Setting limits and sticking to them is an important aspect of personal discipline and goal achievement. Whether it’s related to time management, budgeting, or personal habits, establishing boundaries helps maintain a sense of control and balance in various areas of life. Here are some tips on how to set limits and stick to them:
Define Clear Goals
Clearly articulate your short-term and long-term goals. Understand what you want to achieve in different aspects of your life, such as career, health, relationships, and personal development.
Prioritize
Identify the most important tasks or activities that align with your goals. Focus on what truly matters and avoid spreading yourself too thin.
Time Management
Allocate specific time slots for different activities. Use tools like calendars or planners to organize your schedule. Be realistic about how much time you need for each task.
Budget Wisely
Create a budget that reflects your financial goals. Allocate specific amounts for expenses, savings, and discretionary spending. Regularly review and adjust your budget as needed.
Learn to Say No
Understand your limits and be willing to say no to commitments or activities that don’t align with your priorities. Overcommitting can lead to stress and hinder your ability to achieve your goals.
Accountability
Share your goals and limits with someone you trust, such as a friend, family member, or mentor. This accountability can help you stay on track and receive support when needed.
Develop Healthy Habits
Establish routines that support your goals. This could include setting specific times for work, exercise, relaxation, and sleep. Consistency in healthy habits helps reinforce your limits. Consider experimenting with different pre-workout options or a cup of coffee to optimize your performance, but remember to listen to your body’s needs and preferences
Reflect and Adjust
Regularly reflect on your progress. If you find that certain limits are too restrictive or not effective, be open to adjusting them. Flexibility is key to long-term success.
Use Technology Wisely
Leverage technology to set reminders, track your progress, and stay organized. There are numerous apps and tools designed to assist with time management, budgeting, and habit-building.
Self-Compassion
Understand that everyone faces challenges and setbacks. Be compassionate towards yourself if you occasionally deviate from your limits. Learn from the experience and use it as an opportunity for growth.
Conclusion
Remember, setting and sticking to limits is a continuous process that requires self-awareness, discipline, and adaptability. Regularly reassess your goals and limits to ensure they align with your evolving priorities and circumstances.
