A Live Betting Guide: How to Maximize Your Profits?
How can I bet on football games using Live Value?
This is your live betting guide for how to maximize your wagers on football games in real time. Live bets are those in which the bettor intervenes while the event on which the wager is being placed is being contested.
To put it another way, during a football game when wagering on football. The thrill of gambling and the following of our favorite football games are combined in this sort of wagering. That increases their popularity.
The dynamics of the odds form the cornerstone of all live betting strategies.
The likelihood of various outcomes changes as sporting events goes based on how the match goes. Every goal scored alters the likelihood of the result.
These probabilities alter as time goes on by themselves. A match that is scoreless after one minute does not have the same likelihood of drawing as one that is scoreless after 85 minutes.
We must fulfill several prerequisites to benefit from this dynamic in betting pricing. Without them, we have very little chance of success. First, we must remember that bookies are always aware of major occurrences before gamblers are.
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When it comes to football games, we like to distinguish between three strategies, which we detail in the following parts.
1. Bet on the live cascade that is most likely and close.
Betting on the most likely result is the first joint live betting strategy supported by pre-match betting. As the game progresses in that direction, you can also sequentially hedge the complementing outcomes to maximize your reward.
Let’s take a practical example:
Let’s use a real-world illustration:
Valencia CF and Sevilla CF are playing.
Odds of Valencia CF winning: 2
Draw odds: 3.2
Odds of Sevilla winning: 4.8
Given the inverse relationship between odds and probability in this situation, the technique comes next. Before the game even begins, a wager in Valencia CF’s favor is placed. Remember, the likelihood of this happening during the game is always higher than the likelihood that it will result in this. In other words, Valencia has a 50% chance of winning at odds of 2. Therefore, there is a 50% chance that it will lose.
The situation could arise, though, where they are ahead on the scoreboard during the game even if they lose. Therefore, there is a greater than 50% chance that Valencia will defeat Sevilla at some point in the game.
When such occurs, Sevilla’s chances of winning and drawing go up. We therefore take advantage of that circumstance to settle a wager that accounts for the likelihood that Sevilla would tie the game or even win it. As the odds approach the values we set for ourselves using an arbitrage strategy, we will do this in stages. We can hedge our initial wager and ensure the profit in this manner.
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2. Use live betting to trade (or hedge) and wager on the highest value (+ EV).
Keep in mind the drawback of the method of operation. The issue is that it ignores the actual probabilities of the events. Therefore, it makes no sense to place that pre-match wager if we think that Valencia CF will win with a 40% chance of occuring (less than the probability implied in the odds). This is due to the odds not supporting our wager.
It makes much more sense to use this method only in situations where the difference between the actual odds and the odds before the game justifies placing the wager. To put it another way, we will only use this tactic if we think Valencia CF has a greater than 50% chance of winning.
As an alternative, it makes more sense to wager on the outcome that has the highest potential value (+EV) before the game ever begins. if the match chooses to go that route, to cover the outcomes one after another. It can be demonstrated that the economic result is always superior and in the bettor’s favor if we stay on the side of value, even though we are not betting on the outcome that is most likely to occur, which results in a higher failure rate.
3. Bet on two outcomes and watch the third one live.
Keeping with the previous illustration, there is a far superior alternative than pre-game wagering solely on Sevilla CF. It entails placing a wager against Valencia winning, or, equivalently, placing a wager on both the Draw and Sevilla CF winning.
By doing so, we are placing pre-match wagers on two events with value (+ EV), and the likelihood that Valencia will win the game increases greatly, lowering the drawdown or number of times our wagers are unsuccessful.
When we have two solutions with real probabilities that are larger than those implied by the quotas, this technique is once again intriguing. It is advised not to position and to not take on the risk of loss if this circumstance does not arise.
Betting system based on half-time-final score
Also see – Betting system for half-time and finals