Real-time betting: If you do not offer it, you are losing money.
Straight bets were the only way to wager on sports back in those days. As time passed, new bets were introduced, such as parlays and teasers, as well as special teasers and reverses. Gambling enthusiasts could easily get overwhelmed by the sheer number of different wagers available. Real-time betting is the newest and most well-known betting option on the market. Some pay-per-head service providers call it in-Game betting.
You can bet on a game “live”
You can bet on a game “live”, which is when you have the option to place a wager while it is still in progress. The Real-time betting line will reflect the current score. If the New England Patriots are a -3 point favorite against the Denver Broncos and lose 21-14 in the third quarter, with the Broncos driving the line, the live betting line may show the Patriots as the underdog at +4. This live line is a bet that a player places on the Patriots +4. Based on the final outcome of this game, the wager will win or push if the Patriots win or lose by less than 4 points.
Real-time betting has grown in popularity over the years because it allows you to place bets while the game is being played. The extra option to place a bet on a live game is a big draw for players. The score of most games changes throughout the game. This means that the betting line for any given game will change constantly. It gives players many options and lines on which to place bets.
Be sure to limit the amount of Real-time betting.
You must limit the amount of Real-time betting you offer to your players. This is so that players can protect themselves from losing bets. Players can now place bets on the opposing team. Depending on how much they are allowed to wager live, they may be able to minimize their losses. You can also place a bet on the underdog before the game. If the underdog wins, the live line will be flipped to show the favorite pre-game. This means that a player can bet on them and win both bets. If a player chooses the Broncos to win the game +3 against the Patriots before the game begins, then the live line could be +4 for the Patriots. A player can now place a bet on the Patriots, and both teams will be at +10 points.
Although Real-time betting will not increase your hold percentage, it can help you compete with offshore bookies and other bookies. Live wagering can keep your players happy and even attract new players who are looking for a pay per heads service that allows them to place live wagers. This is a great selling point. However, it is important to limit the amount of live wagering that you offer in comparison to regular straight wagers. Live wagering is considered an extra service you offer the players. Limits should not be higher than those for regular straight wagers.
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