Basketball Live Betting Strategy
At this point, gamblers have a decent idea of which teams are worth wagering on and which ones should be avoided at all cost.
But, sometimes, things don’t go according to plan, and sure-fire locks go down in a blaze of glory.
Betting Strategy D: Proportional Betting Proportional betting systems require betting a portion of your bankroll and then increasing your bets by that same percentage after each win. For example, if you had a $1000 bankroll and bet 10%, you’d bet $100 the first time. Early Season Wagers. Basketball betting sites are the best resource to predict the outcome of.
- When a slate of picks can’t seem to win, live betting can help reverse a gambler’s fortune.
- It can also result in further crippling losses to your bankroll.
If your sportsbook, bookie, or NBA betting site of choice offers live betting, it might be worth looking into. But before you hop on board, there are a few things you need to consider. Here is everything someone without live betting experience should know before placing their first in-game wager.
1. What is Live Betting?
Live betting is precisely what it sounds like: placing sports wagers in real-time. Whereas a typical sports bet is made before action tips off, gamblers can fire off bets as they see results on the court.
Most sports betting sites allow gamblers to wager on a variety of different outcomes as games progress. Some of the most popular types of wagers are on the spread, moneyline, and over-under.
For gamblers who are completely locked in on a particular matchup, live betting can be quite profitable. Sometimes, it’s possible to notice something about a matchup that gives you a slight edge.
That might be something like a certain trend on the court, a star player’s performance, or even injuries.
2. Is It Worth Your Time?
The success rate of live betting basketball games, like other forms of gambling, often depends on the gambler placing the wagers. If you consider yourself to be a disciplined, intelligent gambler, live betting may be right for you.
Live betting basketball isn’t easy, but there are clear-cut ways to assure profit over time. Most of those paths require one to display responsible wagering habits and possess a keen eye for monitoring results in real-time. Even if you’re capable of doing so, success isn’t guaranteed.
While watching a game, you might believe you notice something that no one else will. However, oddsmakers are likely 2 or 3 steps ahead of you at every turn.
The most attentive gamblers and sharp basketball bettors can’t compete with the house.
For those who are either new to betting on basketball or struggling to gamble profitably, live betting should be set on the back burner for now.
3. How to Get Started
Placing live bets on basketball games is a simple process:
- Find a sports betting site that offers lines and odds on the NBA
- Make sure the site in question also accepts live wagers
- Select a certain matchup that’s taking place around the league
- Set your wager amount and complete your bet
It truly is as simple as that. While the actual process is relatively easy, there is far more that goes into doing it successfully. Anyone can place a live bet on a basketball game, but if you want to live bet long-term and profitably, there are a few tips you should take to heart.
4. Consider Lowering Amount Per Bet
Let’s face facts for a second: gambling in real-time is risky and incredibly challenging.
When placing a standard bet, gamblers have the luxury of time to find the best odds and potential wagers. They can shop lines, consult several different sources, and monitor past trends.
I usually suggest starting out by betting by a small percentage of your typical unit size.
For example: if you usually place $25 on a wager, consider lowering your amount to between $5-$10.
Over time, you should be able to live bet effectively, but you’ll likely lose more than you win to start.
5. Only Place Live Bets For a Good Reason
While the difficulty of live betting is arguably more intense than other forms of sports betting, people partake in the pastime for one reason:
Because of this, any live bet you make should be made in the pursuit of profit.
It may be difficult, but certain scenarios actually favor live bettors and increase the likelihood of earning profits:
- When lines are released, you might occasionally think that Vegas got it wrong. Oddsmakers typically know what they’re doing, but you may very well be correct.
- Sometimes certain factors like travel and injuries are overlooked. Other times, home teams are given a few too many points, or oddsmakers overrate a team’s star player.
- If you notice that a line is slightly skewed, it might be worth trying to let the game breathe a little before placing your wager. Doing so can increase the value of particular lines and lead to significant payouts.
Situations like these are ideal for live bettors. But most of the time, live bets are made without any rhyme or reason.
6. Practice Before You Start Placing Wagers
There are a number of ways a gambler can quickly improve their live betting skills.
Obviously, the more basketball you watch and the more research you do, the better equipped you will be to make money. But you can’t start winning until you actually place a wager or two.
Basketball Live Betting Tips
This simply means monitoring in-game line movement and making a mental note of a wager you could see yourself making. From there, you can see whether or not that bet would turn out to be profitable or not.
Engaging in this type of practice might seem a bit elementary, but it will benefit you in the long run. Not only will you save yourself from potential losses, but you’ll become more acclimated with https://www.thesportsgeek.com/sportsbooks/live-betting/live betting.
7. Never Live Bet Out of Desperation
Live betting is a productive and profitable form of gambling for many savvy, established NBA gamblers. But, for every intelligent gambler, there seems to be a dozen who are prone to making the same unfortunate mistakes time and time again.
A common practice in the basketball gambling community is live betting games in an attempt to get out of a hole. That’s due to the fact that a gambler’s reaction to a tough slate of games might be to engage in damage control.
There are several problems with chasing losses with live bets. First and foremost: smart gambling decisions are hard to come by when you’re down big. Instead of making several small wagers, it’s often easier to place a massive bet on a huge underdog. If that long-shot wager hits, it might save your bankroll.
Obviously, the issue with this method of gambling is that the odds aren’t in your favor. That last-ditch effort will come up short a majority of the time, and a tough day of gambling can spiral into a full-blown meltdown.
Conclusion
A gambler’s live betting success rate comes down to a few factors:
Basketball Live Betting Strategy Odds
- How seriously they take gambling on the NBA
- The amount of basketball knowledge they possess
- Their motivation behind placing live bets
- How fiscally responsible they are when gambling
Winning live bets is challenging, but that shouldn’t dissuade you from giving it a try. Always remember to start with smaller wagers or even place mock bets.
Perhaps the most important thing to remember is that live betting should never be done out of desperation. Everyone has a tough night of gambling from time to time, don’t make matters worse by chasing your losses.
One of the most exciting things about betting on basketball is there are an endless number of ways you can build a profitable betting strategy. While in theory, a perfect system exists to identify value, pick winners, and make money, we highly doubt it’s been discovered yet.
This means that the road is open for you to use your expertise to try and find that optimal strategy to make some serious cash.
Because there are so many different ways to approach identifying value and picking winning bets, it can be challenging to offer strategy tips that work across the board. It’s very possible that some of these tips work extremely well with your systems or that they aren’t a good fit.
For that reason, we recommend using and interpreting these advanced tips in one of two ways. One, you can use these tips and strategies literally and plug them directly into your system to pick winners.
For a lot of these tips, they’re gold in that sense. They will directly help you to start making better picks and identifying bets that you have to take advantage of.
The second way to effectively use these tips is to use them to help shape your way of thinking. We’re not trying to sound like philosophical kooks or anything here, but this is seriously important.
A lot of bettors that are new to sports betting and basketball betting aren’t sure how their mind should be working. They need to see examples of how a seasoned sports bettor looks at games and tries to find value and make picks.
This is also beneficial for people that have been betting for a while. Sometimes you need a fresh way of looking at things or new ideas to spark new trains of thought.
Whether you choose option one, option two, or a mixture of both, these tips and strategies should help you to take your basketball betting to the next level. If you haven’t read our Basic Basketball Betting Guide first, we do recommend you take a few minutes to glance at that to make sure you have those fundamentals nailed down.
For the rest of you or those that just rejoined us after checking out that guide, let’s dive into some of the more advanced strategies and tips for basketball betting.