Here is your guide to microbetting, the next big trend in online sports betting. Learn how microbetting works, the top sportsbooks offering it in New Jersey, and why it’s quickly becoming a favorite for bettors seeking fast-paced, play-by-play wagers.
What is Microbetting?
One thing you have to give the online sports betting industry credit for is that it isn’t a business that rests on its laurels. The comfort zone is not a place where the leaders in the sports betting workplace often reside.
They are always seeking ways to upgrade their product, to reinvent the space in which they operate, to unearth new paths that will be keeping the business fresh and people motivated to continue wagering.
Live streaming, same-game parlays and live betting are just a few examples of how they’ve reimagined online sports betting. And microbetting is another step in this direction.
Often also referred to as lightning betting or flash betting, microbetting goes a step smaller than live betting. While live betting enables you to wager on outcomes that occur within a sporting event, microbetting, as the name suggests, minimizes that process to an even more narrow arc.
If you can believe it, microbetting is an even more intense level of live betting. Instead of betting on which team will score the next run in a baseball game, with micro betting, you can wager on the outcome of each pitch.
The Best Microbetting Apps
- Betr – first microbetting app
- FanDuel
- DraftKings
- bet365
- Caesars
- HardRock Microbetting
Microbetting offers a mobile-first platform designed for sports fans who enjoy live-action betting. Available for Android devices, the microbetting apps selected by NJ.Bet work nicely with Android 13.0 and higher, and iPhones. Mobile users can bet (also in a live mode) on a range of sports events, such as the next touchdown in NFL, MMA, UFC, NBA or the next pitch result in MLB. All these apps have built-in tools for responsible gambling and deposit limits.
Best Companies With Microbetting Technology
The acquisition of microbetting technology software platforms from Huddle Tech in the summer of 2024 is positioning revolutionary microbetting-only sportsbook app Betr to expand the number of markets they will be serving. Betr had been going with a beta launch in Ohio and Virginia prior to this deal with Huddle. While they’ve had some success in Ohio, garnering over $10 million in handle, Betr has barely surpassed the $1 million mark in terms of handle generated in Virginia. The hope is that the access to this cutting-edge technology can help them to become the industry leader in mircobetting.
Although Huddle is the company supplying microbetting software platforms to Betr, Simplebet is viewed within the industry as the technology leader in terms of microbetting software platforms. So there were more than a few eyebrows raised when DraftKings acquired a 15% share of Simplebet. That’s because Simplebet is the company that is supplying microbetting software technology to DraftKings, as well as the company’s leading competitors in the US market, such as FanDuel and Caesars.
DraftKings is currently considered the No. 1 US sportsbook site when it comes to generating micro betting markets. For example, they offer 150 different microbetting markets on every NFL game.
How Does Microbetting Work?
With traditional online sports betting, the mantra is who will win. With microbetting, the decision prior to your wager is solely about what will be happening next. Think of it as a mashup between in-play wagering and prop bets.
The events that you will be wagering on with microbetting might not even be relevant to the outcome of the match. Sure, if that NBA game ends up in a one-point verdict on the scoreboard, that free throw you played the hit or miss microbet on is going to be vital to the outcome of the game. However, if one team is winning by 20 points, it probably won’t be a significant factor in the end result. Still, that doesn’t mean it won’t be significant to you once you’ve placed a microbet on the result.
Another popular aspect of microbetting is that many of the online sportsbooks that offer micro bets online will let you place wagers at a very low stake. Sometimes, it’s less than $1. That enables you to place wagers on a number of microbetting markets without breaking your bank. And if you’re a betting strategist, you are also well positioned through microbetting to test out your new system. You can put the theory into practice without risking a vast amount of your betting bankroll.
If comparing microbetting to online casino gambling, it’s very much similar in playing style to slot games. You get a new opportunity almost immediately following the conclusion of the previous one. That’s also why it’s wise to be careful when microbetting. Even though the stakes you are playing might be very low, they can add up quickly to a lot of money if you go on a long micro betting losing streak.
What Are The Differences Between Regular Betting And Microbetting?
The way we’ve been taught to bet on sports is to place a wager pre-game and then watch the event and sweat out the outcome. There was one chance to win and that was it.
Live betting was adding another layer of betting opportunities into the equation. You could wager on which player or team might score the next goal, hit the next home run, drain the next three-point field goal, or produce the next touchdown.
With microbetting, the scope of betting is growing even smaller, while the opportunity to place bets is being maximized even further. You can place a bet and know whether you’ve won or lost in the time that it takes for a blink of an eye, or for you to take your next breath.
It could be a wager on whether that MLB hurler’s next pitch will be a strike or a ball. You can even wager on called strike or swinging strike. Will the next play in that NFL game be a run or a pass attempt? Will it be a completion, or an incompletion?
Is that NHL team going to score on the power play they’ve just been given by the officials? Will the next shot be a save, a goal, or maybe even completely miss the net? Might that English Premier League team score on the free kick they’ve just been awarded? Is that tennis player about to serve an ace?
This is the inherent beauty of microbetting. The possibilities for wagering are almost limitless. And if you lose the current bet, another wagering opportunity is a mere seconds away.
Top Microbetting Apps
One of the leading proponents of microbetting is YouTube influencer/professional boxer Jake Paul. Along with business partner Joey Leavy, the former CEO of microbetting software technology developer Simplebet, they launched Betr in 2022. It’s a Miami-based sports gambling brand that is devoted entirely to the concept of microbetting. They offer microbetting on the NFL, NBA, MLB, NHL, college football and basketball and LIV golf.
The Betr sportsbook is only available as an app, which can be downloaded directly from their site and is compatible with both iOS and Android systems. Betr is currently live in Ohio and Virginia. They are planning for future launches in Pennsylvania, Maryland, Kentucky, Indiana and Colorado.
Which Sportsbooks Offer Microbetting Opportunities?
DraftKings
DraftKings NJ originally launched its microbetting markets in partnership with Simplebet in 2021. They offer more microbetting markets than any US legal and regulated sportsbook. You can make live play-by-play wagers at DraftKings on NFL, NBA, MLB and college football games. They even offer microbetting odds on the speed of the next pitch during an MLB game.
Fanduel
Online microbetting site at FanDuel was the first online sportsbook to bring microbetting to the US market. They offer microbetting on the NFL, NBA, MLB, NHL, college sports, even tennis. At FanDuel, they are taking a different approach to marketing microbetting, billing it as something they call The Pulse. Along with offering online betting lines, through The Pulse, FanDuel is providing a continuing narrative during each event, outlining how the contest is proceeding to enable bettors to perhaps gain a feel about which way they should be leaning with their microbetting plays.
Caesars Sports
In terms of microbetting, Caesars is the fastest-growing sportsbook in the USA. Launching their microbetting mobile app platform in 2022, Caesars offers microbetting markets on the NFL, NBA, NHL, college basketball and football games. As an official betting partner of the NHL, Caesars can offer exclusive hockey microbetting odds and popular markets. Caesars offers unique microbetting possibilities known as Fire Bets. Fire Bets are designed to be delivered at key moments of any event, those moments that should be having the most significant impact on the outcome.
bet365 NJ
Sportsbook Bet365 has been making significant inroads into the US market in 2024 and the British-based company is utilizing microbetting to spur that growth. No US sportsbook is giving microbetting as prevalent a place on their platform as Bet365 and that prominence is paying dividends. One of the more popular microbetting markets at Bet365 is their five-way NBA possession bet. Microbetting is also offered at Bet365 on the NFL, MLB, NHL and college football and basketball.
HardRock Bet
Hard Rock Sportsbook joined the microbetting fray in 2023. They call their microbets play by play wagers.
TOP Sportsbooks in NJ For Microbetting 2024
| Apps | Microbetting Features |
|---|---|
| DraftKings Sportsbook | Extensive microbetting markets for NFL, NBA, MLB, and more. |
| FanDuel Sportsbook | Pioneers of microbetting in the US, offers “The Pulse” for live play-by-play bets. |
| Caesars NJ | Exclusive Fire Bets for key moments, covering NFL, NBA, NHL, and more. |
| Bet365 Sports | Leader in NBA and NFL microbetting markets, popular for its unique options. |
| Hard Rock Sportsbook | Offers “play by play” wagers, covering a variety of sports like NFL and MLB. |
Microbetting FAQ
How Does Microbetting Work?
With microbetting, you are going to be wagering on specific outcomes within a sporting event. For instance, it could be a choice between save or goal on a soccer penalty kick or hockey shootout chance. Perhaps whether the next pitch in a baseball game is a ball or a strike.
What are some advantages to microbetting?
With microbetting, the betting limits tend to be low, often much less than $1. So it enables you to wager a number of times without risking a significant amount of money. To that end, it can be an effective method for testing out a new betting strategy without the requirement of laying out a major stake.
Can I make microbetting wagers on my mobile device?
Of course you can. In fact, the mobile option is the No. 1 concern of all online sports betting sites. They recognize this is how a growing majority of people want to place their sports bets, so the betting sites are ensuring that their mobile apps can do everything that a desktop site is capable of providing. And that includes microbetting opportunities.
