Live betting, also known as in-game or in-play wagering, is the fastest-growing form of betting at online sports betting sites. It’s an especially popular wager with the younger crowd, who crave both action and the opportunity for instant gratification.
The combination of this incentive and the steady move in online wagering toward utilizing mobile sports betting apps to make bets via a mobile device, has proven to be a game changer for the industry.
What Is In-Game Betting?
It’s exactly what it claims to be in the name – betting on sporting events as they are in the process of unfolding. This is what live betting is all about.
Traditional sports betting was done prior to the start of the game. In those days, once the game got underway, the opportunity to place a wager on that game was gone.
With in-play sports betting, you can continue to get action on the game throughout the contest. It can be as simple as betting on the changing odds on the total, moneyline or spread as each betting line is impacted by the events of the game unfolding.
Perhaps a favorite gets off to a sluggish start and falls behind on the scoreboard. The odds will begin to tilt toward the underdog. If you know for instance that the favorite has a reputation for starting slow and coming from behind to win, the changing live betting moneyline is going to give you better odds than what was offered in the pre-game betting line.
Live betting can also go into much more detail. You can place wagers such as which team or player will score the next touchdown, or even what type of score will be the next registered. In soccer you can bet on who will get the next yellow card. Baseball might be a play on the next home run hit, or in hockey on the next goal to be scored.
Some online betting sites are even offering the chance to play a live betting same-game parlay. And then there are those sites that dive even deeper into live betting. Called microbetting, in this type of wagering you can bet on whether the next pitch will be a ball or strike, or if the next play of a football game will be a pass or a run.
One thing about live betting, though. You’ve got to be fast off the mark. You’ll need a strong internet signal, or access to stellar WiFi if on the go, because in some cases with in-play wagering, you’re only going to have seconds to get that bet down before the opportunity passes.
Live Betting Pros And Cons
Certainly, live betting is not for the faint of heart. Intensity is an essential quality, because you’ve got to keep a laser focus on the event to see when the next live betting opportunity is there. And when it arrives, you’ve got to pounce.
An advantage with live betting is that the bookmakers aren’t being given their usual amount of time to set the betting line. They’ve got to move as quickly as you, so in a sense, it helps to level the betting playing field. That can increase the opportunity for you to take advantage of odds you probably aren’t going to see via a pre-game wager.
Another positive to live betting is the level of action it offers. The fast pace of in-game wagering is a definite adrenaline rush.
At the same time, that level of betting action can also prove to be a detriment. With old-school betting, you put your bet down and waited for the game to end. With live betting, you can just keep making more bets. It’s easy to get caught up in the action, let things slip out of control and then suddenly, you’ve lost a significant amount of money. That’s why managing your bankroll and not betting beyond your means is even more essential when it comes to live betting.
Technology can be another ongoing issue with live betting. If your mobile device isn’t capable of keeping pace with the rapidly-changing odds and betting markets, you can be shut out of potential wins.
Live betting also isn’t going to lead to major scores. The odds aren’t long and most live bets will be laid with smaller stakes.
NJ’S Best Live Sports Betting Apps and Bonuses
bet365 Sportsbook
BetMGM New Jersey
BetRivers Sportsbook
Borgata Sportsbook
FanDuel Sportsbook
Top Live Betting Sites
Bet365
Owners of a reputation for innovation in the industry, Bet365 is credited with being among the sites that was first to lean into live betting as an option. You won’t find an online betting site offering a more diverse range of live betting markets than Bet365. And the site’s wide-ranging live streaming options are also impressive. But you can’t make in-game wagers at Bet365 without a Bet365 account. Take advantage of our promo code USB365 to gain either the Bet365 First Bet Safety Net of up to $1,000 in bonus bets back on a first bet loss, or take their bet $5, get $150 in bonus bets offer.
BetMGM
There’s also a huge array of live betting markets at BetMGM. They deliver the chance to assemble same-game parlays consisting entirely of live bets. And at BetMGM NJ sportsbook, some live bets are paid out as you win, so you’ll have the cash in your account before the final whistle sounds. Newcomers to BetMGM can access their welcome offer of up to $1,500 in bonus bets if your first bet isn’t a winner by entering the promo code NJDOTBET.
FanDuel
If you’re a fan of live betting, then one factor to keep in mind is that FanDuel provides the sleekest, fastest mobile app in the industry. Since speed is of the essence for in-game wagering, that’s a vital component to success. The FanDuel live streaming experience is also second to none. New players at FanDuel can grab their welcome offer of bet $5, get $150 in bonus bets.
In New Jersey, you can enjoy live betting on a variety of sports and leagues – Fanduel, betMGM and other sites offer in-game wagering odds. This includes popular options like MLB, NFL, NBA, NHL, and major soccer leagues, as well as more niche sports such as WNBA, PGA Tour, and UFC.
ESPN Bet
Follow the lightning bolt to get in on the quick bet experience at ESPN Bet. Quick bets are microbetting options. NFL bettors can access next play, next drive and next player markets. For MLB, there are next plate appearance, next pitch and half inning markets. ESPN Bet newcomers are given a first bet reset. Receive as much as $1,000 back in bonus bets if your first ESPN Bet doesn’t cash as a winner.
What types of live bets can you place at the top sportsbook apps, like ESPNBet in NJ? Many types, including point spread, or total points. Additionally, you can wager on specific in-game events, such as which team will score next, the outcome of the next play in football, or the next point in a tennis match.
Borgata
Color-coordinated odds changes in green and red schemes make it easy to follow the rapidly-changing live betting lines at the Borgata. You’ll find live betting markets on all the sports they cover. They provide either live streaming or live animations of all events so you can easily follow the action. And if you enter our promo code of NJBETBRGT, you’ll get the Borgata welcome offer of bet $20, get $100 in bonus bets.
What is the Best Site For Live Betting in NJ?
There’s none among live sportsbook apps that deliver a poor live betting. But when taking everything into account as an entire package, we’ve got to go with Bet365 as being the online sportsbook that provides the best live betting experience.
No site can match Bet365’s depth of markets. Their live betting odds are competitive, the markets are updated quickly and it’s all done seamlessly through a stellar mobile app. The amount of live streaming offered at Bet365 is also impressive. And they back it all up by giving bettors access to a detailed stats package that updates along with the progress of each sporting event.