Video Game Betting

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In the long run, if you bet $10,000 each game, you lose about 5% of the initial fortune, which is $500 (10,000.5/100=500). With $100,000 at hand, you’ll be able to play 200 games (100,000/500=200).

Live betting is one of the most recent technological advancements in legal sports betting and one that has greatly improved the overall experience of sports betting. Essentially, live betting allows fans to bet on in-game outcomes while the game is being played. Before the introduction of live betting, all bets had to be locked in prior to the start of the game, but telecommunications technology and advanced analytics algorithms now allow sportsbooks to monitor the game and recalculate odds in real time. While live betting is a newer feature, it will likely prove popular in introducing sports betting to a younger, more tech-savvy generation of bettors.

Drummond & Sauer, 2018: Video game loot boxes are psychologically akin to gambling × Further, a poll by Parent Zone found 10% of 13-18 year olds admitted to gambling on unregulated casino, esports betting or mystery box games, equivalent to almost 450,000 teenagers in the UK, and this was despite age-verification procedures 5 5. Skin betting is a very popular form of esports betting that has been around for as long as there was esports. Well, more precisely, for as long as there were CS:GO and Dota 2. In fact, skin betting is most popular with these two games since their in-game items are plentiful and fluctuate around the Steam market for hefty sums of money. Across the Tasman, a report released this week by the New South Wales Office of Responsible Gambling revealed that children as young as 11 play video games and apps that simulate betting. Online gaming has advanced quite a lot in recent years and now with your PlayStation, Xbox or PC you and all your friends can play video games competitively for money. With Checkmate Gaming's amazing platform, you have the tools to make it big right there in your hands.

Major online sportsbooks offer live betting lines every day on sporting events all over the world. While live betting was first limited to popular leagues like the Premier League, La Liga, the NFL, etc., it has since expanded to cover even niche sports like table tennis. Live betting is a great way to stay engaged with an event and ensure that you constantly have something to root for. This page will cover everything you need to know about live betting, from where to find live betting sites to popular live betting sports to specific live betting wager types. If you are at all curious about online betting, read on.

Is Live In-Game Betting Legal?

Live-in game betting is as legal as any other type of betting that you would participate in at any sportsbook. As long as you are using a legitimate sports betting site or land-based sportsbook, you can safely place live wagers on your favorite sports. Australia is the only major sports betting market that has specifically banned in-play betting in 2021, leaving the door open for those in the United States and other markets. For US residents, no state has any specific offshore sports betting legislation, let alone laws regarding live betting. States that have legalized sports betting allows for the sportsbooks to take live bets as well. You can always verify the specific gaming laws in your state, but as a general rule, if you’re eligible to sign up for an offshore sports betting account in your area (Bovada, BetOnline, MyBookie, etc.), it is safe and legal to enjoy live betting at these sites in addition to all the other services they offer.

Live Betting On Super Bowl LV

Super Bowl 55

Sunday, February 7th, 6:30 EST

Kansas City Chiefs

vs.

Tampa Bay Buccaneers

Super Bowl 55 is set to kick off on February 7th, and it will be the biggest live betting day of the year. The Super Bowl has more live odds on it than any other game. You can bet on what the next playcall will be, when the next sack will happen, what method the next touchdown will be scored by, and more.

However, many of these wagers will only be available at the online sportsbooks that are located offshore. This is because they have some of the best betting odds and lines on the Super Bowl, so it’s important to know that you can use these sportsbooks for Super Bowl LV wagering. There are a lot of options, so you can check out the best sportsbooks by looking at our sportsbook review page. In addition, you can shop lines on live wagers by using multiple sportsbooks.

How Live In-Game Betting Works

As far as the steps you have to take to start partaking of live in-game betting, there’s not a big learning curve. Live sports bets are not much different from any other wager types that you would place. If you are using one of our recommended online offshore sportsbooks, you simply click or tap on the “live betting” page of your sportsbook of choice, where you will see all of the live and upcoming events on the docket. Select your sport/event and choose the outcome that you want to bet on. It’s that easy!

This, though, is where live betting differs from standard sports betting, because you will only have a few seconds to confirm your bet before the odds update. As the action changes, so do the live betting odds. This makes live betting the most exciting way to bet on sports, but it requires you to monitor the lines constantly. Results are graded immediately after the sportsbook receives the scores or results of the given play, though bets placed on dynamic, live game lines (like updated moneyline or spread bets) will only be graded after the conclusion of the game.

Sports Available For Live Betting

When you use an online sportsbook, there will be plenty of sports available for live betting. You are guaranteed to find in-game betting lines on popular US sports such as NFL football, MLB baseball, NCAA football and basketball, NHL hockey, and NBA basketball. There are also live lines on international league sports like soccer, cricket, and tennis, among dozens of other options. You can always check which sports will have live betting options by viewing your sportsbook’s selection of upcoming events for the day. Some sports betting sites will also offer a detailed event calendar where you can see which events are scheduled for the entire week ahead. While not every sport featured in your sportsbook will have live in-game betting options, sites do try to meet the demands of their bettors, and live betting is featured more and more often all the time.

Live Betting Vs. In-Play Betting

When it comes to betting live on sports, most sports betting sites will have two different options – live betting and in-play betting. Live betting, which is also known as in-game betting, is when you wager on real-time odds throughout the duration of a game. The live betting odds are updated from one moment to the next with each play of the game. You will have numerous betting options, from halftime and quarter lines, straight moneylines, even or odds props, game totals, spreads, etc.

In-play betting is similar to live sports betting, but there are not as many betting options. With in-play betting, odds are adjusted during the commercial breaks of a game. Typically, in-play lines on popular sports are available for parlays, if-bets, and straight bets. Online sportsbooks will differentiate between the two with separate sections or pages. For the most part, in-game betting is more popular than in-play betting, though both have their dedicated fanbases.

Best Live In Game Betting Sites

Below we have listed the best legal online sportsbooks that offer the most in game betting options. Some of these sites will let you bet on the next drive, current quarter, and all kinds of other things. These sites are all highly reccomended for US players and all of them are top notch companies. These are all sites that are employees have tested and even made some bets at themselves, and we are confident that they are your best option if you want to bet during the game.

RankSportsbookBonus OfferPlay Now
150% Up To $250 Read ReviewVisit Bovada
250% New Member Bonus!Read ReviewVisit Betonline
350% Up To $1,000 Read ReviewVisit MyBookie
450% Up To $1,000 Read ReviewVisit Sportsbetting
5100% Up To $300Read ReviewVisit XBet

SportsBetting Sportsbook – $25 Free Live In-Game Betting

SportsBetting brings you all of the best action on your favorite sports teams. You can bet on all of the most popular sports, including NFL, MLB, NHL, NBA, and NCAA sports, as well as a huge assortment of international favorites. Getting started at SportsBetting is easy – you only need to create a free account and make a quick deposit. Some of the instant deposit options include Visa credit and prepaid cards, MasterCard, American Express, and Bitcoin (as well as other cryptocurrency altcoins like Bitcoin Cash, DASH, Ethereum, Litecoin, etc.). We recommend Bitcoin for its reliability and its $25,000 deposit maximum with no additional fees.

As one of the top sites for live in-game betting, SportsBetting will basically give you your first bet on the house. If your live wager of up to $25 is a winner, continue betting to potentially make even more profit. However, should your first wager lose, the sportsbook will credit your account with an equivalent free play within 24 hours. There’s no way to lose when you make your first live wager at SportsBetting, so why not create your sportsbook account today?

Bovada – $750 Bitcoin Welcome Bonus

Bovada is one of the most trusted online sportsbooks for US bettors. The sports betting site is known for reliability, with 100% secure deposit and withdrawal options. When you make a deposit with Bitcoin or Bitcoin Cash, you can take advantage of Bovada’s $750 Bitcoin Sports Welcome Bonus. When you make your initial crypto deposit, the online cashier at Bovada will match the amount by 50% for up to $750 in free plays. To redeem the offer, use the promo code BTCSWB750 when funding your account.

You can use the Bitcoin bonus on any sport or wager within the Bovada sportsbook. This includes live betting odds, which are the best way to really get in on the action. You will find live in-game betting options on football, basketball, tennis, golf, boxing, rugby, and lots more. There are in-play and live betting odds for all of the most exciting sports matchups every day, and live betting at Bovada is becoming the most popular feature on the sportsbook.

BetOnline – Lifetime Bonuses

BetOnline is a reputable sports betting site that you can count on to deliver the action you crave. Whether it’s NFL betting, NBA betting, MLB betting, or any sport in between (both in the US and abroad), you will find options at BetOnline. The live betting interface is one of the best across all sportsbooks, with sections for current and upcoming events. To get started, you will need to deposit money into your sportsbook account. You can choose from credit cards, checks, money orders, or bank wires to make your deposit. However, we recommend Bitcoin (or another supported cryptocurrency), which is an instant-deposit option with a $20 minimum and a huge $25,000 maximum. Digital, blockchain-based currency has become the most reliable deposit option for legal sports betting.

When joining BetOnline, you are entitled to a welcome bonus of a 50% match on your initial bonus up to $1000 in free plays to use on anything you’d like. The promo code to redeem this reward is BOL1000. To receive a lifetime of bonuses, simply put in the code LIFEBONUS and you will receive a 25% match on every deposit you make to your account for the duration of your membership, receiving a maximum of $500 each time.

Can I Access Live Betting On My iPhone or Android?

Yes, you can definitely access live betting on your iPhone or Android mobile device. This is actually the most common way for online sportsbook users to wager, as it allows them the option to watch a game in a restaurant or at a bar without having to be tethered to a computer. Mobile sports betting is the number-one reason that live betting has become so popular so quickly, as it is immediately accessible to anyone who’s interested.

What Are Some Live Betting Strategies

There are as many live betting strategies as there are sports wagering strategies. That’s because live betting is sports betting – just faster! Because the odds come and go in mere seconds, the number-one strategy to ensure successful live in-play betting is to have your computer or mobile device on and in front of you, set to your sportsbook’s live betting page.

Some of the most successful gamblers use live betting to double down on favorites when the line has shifted adequately, and they also do the opposite, using live betting to hedge their bets or negate bad bets placed earlier (like, for example, when a team’s top player is injured at the beginning of a game, which could lead to a wipeout loss without live betting options to mitigate the unforeseen event).

This a positive use of live betting, but also be wearing of using live-betting to chase your losses. It is very easy to get caught up in sports betting, and to try to win back your losses via risky live bets. Be careful when trying to win back lost funds via live betting, as it can be a very slippery slope that could leave your bankroll empty.

Is Live In-Game Betting Only Available Online?

No, live betting odds are not only available online, as most casinos that have active sportsbooks also offer live betting. However, given the general dearth of sportsbooks across the US (though more are admittedly popping up every day), online live betting is going to be the best option for the dramatic majority of US sports bettors.

Does It Cost Anything Extra To Use Live In-Game Betting?

Absolutely not. When you sign up at a legal offshore sportsbook, it never costs anything extra to use live in-game betting services offered by the site. There are no required subscriptions, no undue betting minimums, and no obligations. Just place your wager and get paid! It’s as simple as that.

Can Live In-Game Betting Help Me Recover My Losses Quickly?

Video Game Betting Websites

In theory, live in-game betting can indeed help you recover your losses quickly. However, in practice, the pros know to stay away from this line of thinking. Yes, live in-game wagering is perfect for mitigating individual bad bets here and there, but if you’ve recently lost a lot of money, you aren’t going to be able to recoup that any faster by live betting, despite the massively increased volume of wagering chances available. As a general rule, if you ever try to recoup big losses quickly in the sports betting world, you are just going to lose even more cash. As the old saying goes, slow and steady wins the race (or whatever other sporting events you’re wagering on).

Where Is Live In-Game Betting Offered?
Live in-game betting is offered not only through the use of offshore internet sportsbooks and state-run mobile platforms but also at brick and mortar establishments. Due to its popularity among sports bettors, it’s no wonder that it is featured anywhere that has legal sports betting. When placing such wagers through a mobile device, the game being wagered on is still viewable from your phone.
How Do I Hedge My Bets With Live In-Game Betting?
One of the biggest advantages of live in-game betting is the ability to hedge your bets in real-time. Hedging your bets is the act of creating a new bet that opposes a current bet you already have in place in order to guarantee yourself a certain amount of money. Say you have a four-game parlay that has already hit the first three legs. You can guarantee yourself a portion of the money by betting against yourself on the final leg, meaning no matter what you will win some money. Live betting allows you to do this in the middle of a game, meaning there is always time to hedge.
Shutterstock.com / Roman Kosolapov

The entertainment industry has been affected in the fullest around the world since the COVID-19 illness got out, setting a global domino reaction and hitting hard on the livelihoods of millions of people. Yet, one segment that has done fairly well in the global state of emergency the novel coronavirus has ushered in is video games, and specifically, esports betting.

With a number of sporting events already postponed or canceled, sports fans don’t have much to do. The ritual of following your favorite sports has been put on hold by the novel coronavirus.

Yet, esports seems to be palliative in these times of uncertainty. While initially, all offline esports events were suspended, causing a bit of a stir among video games, the global rebound has been swift and esports are back online – so is esports betting.

All major competitions, including the Overwatch League, CS:GO tournaments, and League of Legendsfranchised leagues are up and running and this is good news. The question is, would they be of any interest to you today?

What’s Esports and Should Sports Fans Bet on It?

Video Game Betting Sites

Even though sports fans are prefer physical activity over being couch potatoes, they now have an opportunity to turn to an alternative type of “sport.” The question about the terms used to described competitive video gaming has been divisive, to begin with, but one way or another, esports takes skill and a lot of it.

The good news is even the biggest sports fan has probably already heard about esports titles – many are actually playing them religiously and the shift from a sports bettor to an esports bettor shouldn’t, in fact, be too much of a hassle. First, esports is a blanket term, whereas there are many sub-categories, i.e. individual games to pick from. In other words, you can place your money on:

Video Game Betting App

  • Counter-Strike: Global Offensive
  • Dota 2
  • League of Legends
  • Overwatch
  • Rocket League
  • Fortnite
  • Apex Legends
  • Hearthstone
  • MTG: Arena

These games don’t necessarily have to ring a bell justyet. With so many around, you can pick your own genre, choosing from shooters,strategy games and massive mobile arenas, with a few additional ones throwninto the mix.

If You Understand the Game, You Will Be Able to Bet on Esports

While esports may take you a bit to get used to, ifyou choose to bet on any of the games, you will find plenty of markets to dojust that. Esports is pretty much subject to the same types of bets you canotherwise place on an NBA or NFL game.

In fact, there might even be a few wagers more to makeas it were. Once again, match winners seem to be the wagers that get themore attention owing their straightforward nature.

Yet, other opportunities to bet exist. You can experimentwith various score predictions or bet over/under on the total kills/points/wonrounds in a game. A popular proposition bet remains the “Team to DrawFirst Blood” popular with nearly all games available today.

In essence, yes,you can bet on video games by using your knowledge of traditional sports andfollowing the same wisdom.

What Esports Games Should Sports Fans Bet on First?

With so manyviable markets, we will assume you are only now starting to find out about howto bet on esports. The obvious answer is the simplest, as always. You want tostick to games that are popular and easy to follow and where the media coverageis sufficient to allow you to make well-informed decisions, at least in theory.

Bet on Counter-Strike

Counter-Strike may not have the same number offollowers, but the game is extremely well covered. You will be able to findvital information at community portals, such as:

  • Reddit/r/csgo
  • HLTV.org

It’s verysimple to get into CS:GO and to follow the on-screen action, which is why manynew esports bettors might actually choose this over any other game. Yet, assoon as you start watching professionals at play, you will be very possiblywowed at how quickly and smart I simple game as Counter-Strike can be played.

Pre-emptiveshots, the use of secondary equipment and strategy are deeply rooted in the successof any esports team. Today, you might want to start by following teams such as:

  • Astralis
  • G2
  • Mousesports
  • Fnatic
  • TeamLiquid

League of Legends Betting

League ofLegends’ global profile has given rise to quite a few regionalcompetitions. You will want to focus on the North American competition or inthe very least look your locally available leagues. The activity itself ispopular but not necessarily talked about too much. Once again, Reddit seems tobe the best source of information when it comes to betting, but instead oflooking for specific betting tips, our advice is to see what the communitythinks about a specific outcome.

Depending on your location, you will generally haveaccess to different teams to bet on. The United States’ top-performing team andalmost unchallenged contestant in the region is Cloud9.

Dota 2 Betting

Dota 2 isanother popular market with bountiful opportunities. There are several minorand major events throughout the year that together make up the so-called DotaPro Circuit (DPC) that culminates into The International, the world’s largestesports tournament.

When it comes to Dota 2, there are many great teams and the competitive events are less “localized,” and usually bring together the top-ranked teams. As of this moment, TNC Predator, Vici Gaming, Team Secret, Evil Geniuses, and Invictus Gaming seem to be leading in the DPC. They are worth a closer eye.

A Thing to Keep in Mind

Wagers

Whileesports betting is exciting, we strongly recommend you familiarize yourselfwith the games before you place real money.

Even thoughthe hobby can be fun, there always is a risk that can be theorized aboutwithout any certainty in the outcome. Yet, if you are into sportsbetting already, making the shift towards esports during the COVID-19 outbreak isnot such a bad idea after all.