What is Live/In-Play Betting?
Before you open an account at an online bookmaker and start betting, you must know what live betting is and how it works. What you’re going to learn in this post will not only apply to live cricket betting but also to other sports where in-play betting is offered.
The concept of live betting is exactly what it sounds like. You can place bets on different markets when the match is live. In pre-match bets, the bookmakers collect all of the bet slips before an event rolls out. There’s no way to change the odds or the amount wagered once the match starts.
In live betting, that’s not the case. You can track the scores in real-time, explore the live betting cricket markets, and include new bets in your bet slip as the match unfolds. It’s one of the most exciting experiences for an enthusiastic bettor. Because every moment of the game comes with new possibilities.
The number of markets or the odds will vary from bookmaker to bookmaker. While one bookmaker might offer higher odds on a particular team, another bookmaker may not offer even pre-match betting on the same match.
It ultimately comes down to you to find the best betting markets and bookmakers. However, we don’t feel it’s fair to let you swim alone in this ocean of online bookmakers. So, follow our recommendations and you’ll be good to go!
Types of Markets
How many markets you get for live betting usually depends on how good the bookmaker is and what type of sports you’re targeting. For live cricket bets, your options are quite broad. Even the shortest version of cricket, the T20 matches take around 3 hours to complete. So, you get a lot of wiggling room in live cricket betting.
In India, you may find match winner, total runs in first 6 overs, method of next batter’s dismissal, total wickets in the first 5 overs, run on the next delivery, next man out, and plenty of other markets. It’s virtually impossible to list all possible markets in cricket betting because the combinations are infinite!
Let’s look at a few examples of cricket bet live on three different markets.
Run on the Next Delivery
If live cricket bets are concerned, this is the fastest and most demanding market of all. You need to make a quick decision and set a value on your bet slip before the next ball is delivered. Depending on what bookmaker you’re playing at, it can be an outright, over/under, or accumulator bet.
For example, the next delivery might be a dot. It’s one outright possibility. Similarly, it might be an out, a boundary, or a six. Or, the batters may run for a single, double, or triple. All of these are valid possibilities for a single delivery in cricket.
If the bookmaker is offering outright bets, you can bet on fixed outcomes against the offered odds. Or, you can accumulate at least 4 possibilities on your bet slip and make it an ACCA bet.
Next Method of Dismissal
It’s one of the commonly found cricket bet live in India. Some bookmakers specify the number of wickets as well.
For example, in a match between Indian and South Africa where India is bowling, you may find caught, bowled, or LBW markets on wicket number 2. Each of these possibilities will come with a different odd. The less likely the outcome, the more the odds.
Among the three possibilities we mentioned, LBW is the least likely possibility. It’s just an assumption. Because depending on the strengths and weaknesses of both the batter and the bowler, LBW might not be the least possible outcome.
Apart from these three, there might be run out or stamping present as probable methods of dismissal. As we’ve earlier, the possibilities are limitless across all the bookmakers in India.
Total Runs in first 6 Overs
The ‘6 overs’ is an assumption. It might be 5 overs. It can be 10 overs. It depends on the stature of the match and how the bookmaker calculates the odds. This is a very popular live cricket betting market in India as well as in other countries where cricket is a crowd favorite.
In this market, you’re supposed to predict how many runs a particular team will collect in the first 6 overs. You’re unlikely to find an outright bet to place. Rather, you may find over/under predictions in most cases for this market.
If you’re not aware, over/under betting or total betting, whatever you might want to call it, indicates whether the team will score over the bookmaker’s prediction or under.
For example, if the bookmaker specifies that India will score 50 runs in the first 6 overs, you can either bet over 50 or under 50. Both of these outcomes will have different odds. The odds will depend on how the batting order is set.
If the openers and first 2-3 batters are power hitters, it’s very much possible that India will go over 50 in 6 overs. In that case, the odds on over will be lower than under. The opposite will happen if the first few batters are mild hitters and focus more on settling on the wicket.
The Advantages of Using Live/In-Play Betting?
Why do people bet live on cricket you ask? For the benefits, of course. Live betting adds a new dynamic to the overall paradigm of sports betting. The stakes are higher and correct outcomes come with more satisfaction to hardcore bettors.
It’s More Exciting!
As unlikely as it may sound, the excitement that comes with live or in-play betting is unreal. Those who come into the sports betting space to have fun always appreciates live betting. If you’re one of those people, you’ll surely enjoy the match unfolding right before your eyes.
Live bet on cricket is also a way to get an edge over other players as well as the bookmaker itself. Most rookie bettors don’t want to participate in live betting because it’s more demanding and requires more input from you in terms of research and understanding of the sport.
So, when you prepare yourself for cricket live betting and succeed, it’s a unique kind of satisfaction only you’ll understand.
It Lets You Cash Out in Real-Time
One of the biggest benefits of live bet on cricket is the real-time cash out feature. It allows the punters to opt-out of a parlay bet before the event is over. The purpose of this feature is to limit the risk of losing a bet.
The reason it’s immensely popular is that it allows you to get paid in full according to the odds before the event concludes. It’s offered for two main reasons.
One is the probability of winning partial payouts. If a bet starts out strong but starts to die out, a bettor may cash out to receive partial winnings.
The other possibility applies to a losing bet. If the event ends, you’ll lose your entire bet on a losing ticket. However, if you cash out early in the game, you can eliminate the loss.
Dynamic Odds
Another benefit of live cricket betting is the change in odds in real-time. In pre-match bets, the determined odds by the bookmakers are considered final. External catalysts such as the weather or injury can affect the odds once the match starts. A surefire pre-match bet can end up losing.
That’s not the case with live betting. In this sort of betting, the odds change depending on how the match is panning out. If the underdog is performing better than anticipated, the odds will decrease.
This can be a great opportunity for punters because bookmakers often fail to update the odds as fast as the events pan out. You need to utilize this delay to cash out at the predetermined odds. Although it’ll only work if you’ve already placed a bet on the underdog, it’s a great trick to have in your arsenal.
Best Live Betting Sites Recommendation
For live betting in India, there are many options open to the punters. More and more international operators are penetrating the market to cater to the Indian audience. But how do you determine what bookmaker would be best for you?
Let’s find out.
Features of the Best Bookmakers in India
Odds is one of the most important components of sports betting. Odds imply the probability of an event happening as well as how much you can expect to win from it. To find the best bookmaker to place live cricket bets, you need to compare odds.
The more sports and markets a bookmaker offers, the better it tends to be. More markets expand your horizon for live betting. So, look for bookmakers with more sports markets.
Although we’re mentioning it later in the list, you should focus on security before anything else. If you’re opting for a bookmaker from our recommended list, you don’t have to worry about security. But if you’re finding one on your own, look for the licensing and fairness features.
To effectively use live betting, you’ll need to follow the events in real-time. So, it’s important that the bookmakers you choose have live streaming or at least a live scorecard. Also, it should offer early cash outs.
To rookie bettors, a sportsbook interface may look very intimidating. Bookmakers have the ability to make it less intimidating by incorporating a clear and easy to understand UX.
Why Do You Live Bet?
People from all stages of life participate in sports betting in India. What is your reason? Let’s see if we can guess it.
- The Excitement!
There are very few things as exciting as watching an event unfolding before your eyes. It’s exciting because you have stakes in it.
- The Monotony of Pre-Match Betting
You can guess everything right for a pre-match and still lose your wager. That’s the beauty of the sports betting industry. With live betting, you can capture the essence of a match better compared to relying on statistics and past data alone.
- The Odds
As we’ve already said, the odds change in real-time when you’re in-play betting. The rise of odds is a very rewarding experience for serious bettors.
- Twist
When you only rely on pre-match betting, you’re more likely to favor the favorites. However, live betting allows you to cheer for the underdogs in case the favorites have a bad start.
Maximize Your Advantages When Live Betting
You can look at the live statistics and the score to determine what might happen next in the game. It’s one of the best ways to maximize your advantages when live betting.
Pros/Cons of Cricket Live Betting
So far, cricket live betting sounds invincible, right? In reality, it’s not. Just like every coin has two sides, live betting has its merits and demerits.
Pros of Cricket Live Betting
- Recouping Losses
One of the biggest benefits of live betting is that it allows you to recoup your losses. If you’re unhappy with the pre-match bets, you can use the live cricket bets for a comeback. - More Excitement
If you’re into a sportsbook for the adrenaline rush, live betting is just for you. Every turn of the match can be a new rush when your soul is invested. - Cash Out
Live betting allows you to cash out before a bet is settled! Isn’t that something?
Cons of Cricket Live Betting
- Requires More Research
To succeed with live betting, you need to be on top of your game. You need to accurately assume how a team or a particular player might perform. You need to do background research and analyze statistics/previous game results. - Plans Don’t Work
If you’re one of those punters who plan out their betting strategy, live betting may not work for you. - No Guarantees
Live betting is one of the most unpredictable components of sports betting. Predictions don’t always come right and there’s very little you can do about it.
Cricket Live Betting Odds
Odds are offered on particular markets in live betting. Pre-match bets come with fixed odds whether it’s on outright, over/under, points spread, or any other type of market. However, in live betting, the odds change with the progress of the match.
Depending on whether the odds will increase or decrease, you can either cash out early or wait for the odds to increase and take a bigger payout home.
Live Betting Offers and Promotions
Due to the nature of live cricket betting or in-play betting on any other sports, bookmakers usually don’t offer promotions. However, you may receive boosted odds on particular events or receive free bets if you succeed with live betting. Note that it’ll vary from bookmaker to bookmaker.
Cricket Live Betting FAQ
How do I place a live/in-play bet? Simply open an account at our recommended bookmakers and make a deposit. Then, navigate to the live betting page to see what events are available and start making your bet slip.
Is it possible to make multi bets? Multi bets, also known as accumulator bets are usually offered on live cricket betting. It’s when you select more than 1 outcome on a single bet.
Can I cash out a still to be settled bet? Yes, you can. It’s one of the major benefits of live betting cricket.
Can I use my mobile for live/in-play betting? All of the bookmakers we recommend have spectacular mobile support. You can easily opt-in through your mobile browser or the app.
Is it better to use live/in-play betting than pre-match betting? It comes down to individual preference. If you’re a laid-back bettor who likes to take his/her time, pre-match betting might be better for you. Or, you may prefer live betting if you like the thrill and adrenaline rush.
Should I expect to win every bet I make? No. the sports betting industry is completely based on chances. There’s no way to guarantee a win, let alone for every bet.
Responsible Gambling
No matter how invested you are in live cricket bets, don’t forget your limits. Responsible gambling is an acquired habit. You should always start with a fixed bankroll. When it’s empty, call it a day. Never chase losses with money you can’t afford to lose.
Recap of Live Betting
So, what did you learn today about live cricket betting? First of all, it’s a great way to engage deeply with a sport you care about. Given the popularity of cricket in India, bettors have immense potential in this type of betting.
Just remember to keep your gambling habits in check and do your research well before you invest real money in live cricket bets.
- Indian Rupee as a currency
- Very Competitive odds
- Website available in Hindi
- Indian Rupee as a currency
- Very Competitive odds
- Website available in Hindi
- Over 50,000 events per month
- Flexible payment modes
- Easy navigation
- VIP program
- Over 50,000 events per month
- Flexible payment modes
- Easy navigation
- VIP program
- Good selection even for the fringe sports
- Bonus for registration in the amount of 100% up to $150
- VIP program
- Live stream
- Good selection even for the fringe sports
- Bonus for registration in the amount of 100% up to $150
- VIP program
- Live stream