Live In-Play Betting On Horse Racing
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Live in-play betting is one of the most revolutionary features ever introduced to the online betting world. It is the thing that completely transformed online betting and helped it gain the popularity it has today. Nowadays, all bookies who mean business have sections devoted to live betting on their websites.
Even though we are fascinated by live betting, we understand that not everyone knows what all the fuss is about. That’s why we’ve decided to tell you all about it. In this article, we will explain what in-play betting is and how it works. You’ll also learn how you can make it work to your advantage during the Cheltenham Festival.
What is Live Betting?
Live in-play betting is a form of betting that allows you to place bets in real-time. You can do so as the action unfolds on the field or on a race track. It allows punters to place bets on a plethora of different things. They can also change the object of their stake relative to the information they have at the moment.
Live betting is ideal for dynamic sports such as basketball, football, tennis, the NFL, and so on. However, it is suitable for horse racing as well, especially for big events such as the Cheltenham Festival.
How Does In-Play Betting Work?
Before elaborating more on how live in-play betting works, you should know that it is not the perfect money-making scheme. Bookies, just like punters, are trying to make some money by arranging bets. However, when you place live bets, you usually have much more information available to you than usual.
You can always expect the unexpected when it comes to sports. For example, if we’re talking about tennis, it would be silly to bet that Novak Djoković would win against a much weaker player. However, anyone who has seen him play knows that he’s sometimes slow at the beginning. He often gets two sets behind his weaker opponents.
Anyone who has seen Djoković play knows he can quickly overturn the result from 2:0 to 2:3. He has done it many times in the past. This is the perfect opportunity to place profitable in-play bets.
Another thing that punters should know about live betting is that it is not always LIVE. Bookmakers usually allow for a small delay in order for their systems to do the necessary calculations. Thanks to this, punters get more realistic odds.
Moreover, betting systems are sometimes paused at the times when certain important events are taking place. If, for example, a penalty has been awarded at that time, you will not be able to place a bet on it.
In-Play Betting With Live Streaming & Cash Out
We’ve written detailed articles about cashouts and live streaming. Therefore, we won’t go into too much detail about those features in this article. However, we still have to at least mention them when talking about live in-play betting.
Live streaming allows you to watch what’s happening on the field or on the racing track in real time. Therefore, you can place live bets accordingly and increase your chances of winning.
The cash-out feature also allows you to snatch some profit early if things are going in your favour. Also, you can use it to save at least a part of your bet if the game didn’t shift the way you wanted it to.
How to Live Bet At Cheltenham
Horse racing and live in-play betting go hand in hand. Horse racing is a dynamic sport, so there is a lot that can change as an event unfolds.
A leader might fall at a fence or a jockey’s saddle can slip. In addition, a horse without a rider can cause a commotion at the track, which might cause you to lose a bet. All those things can change the outcome of an event. Moreover, all those things are an opportunity to place successful live bets.
When it comes to betting live at Cheltenham, it’s important to do proper research before each and every event that you plan to place a bet on. This will allow you to better calculate your in-play bets.
If you know that a certain horse has a habit of taking the lead in the first part of the race but then falling behind in the second part, you can wait for them to get in the lead and then place a bet that they will finish second. This way, you can make the most out of the available odds.
In-play betting is also a great opportunity for bettors who like placing ante-post bets to get a second chance. If you’ve placed an ante-post bet on a particular horse but it fails at the first hurdle, then in-play betting can give you something else to bet on and try to have more fun.
Make sure to check whether your bookie of choice allows in-play bets. Some bookmakers accept bets only until the start of the race, whereas others accept bets until a certain point in the race. But, there are also those which take bets during the entire event. That’s why you should check out our recommendations above!