Sport Betting is an exciting and profitable way to engage with your favorite sports and there are two major types: live betting and pre-match betting. Both types have their benefits, but one is considered better than the other.
If you’re new to the betting world, choosing the best betting method may be one of your biggest challenges. In this guide, we’ll compare pre-match and live betting; highlighting the pros and cons of both betting methods so you can determine which one is best for you.
What is Pre Match Betting?
Pre-match betting is the traditional way of betting where bets are placed before the game begins.
It is mostly regarded as the safer way to bet because it gives punters time to properly analyse odds, team performance, predictions and also seek expert advice before placing bets.
Advantages
More time for Research
You have enough time to analyze the match before it begins and you can research match predictions beforehand.
Stable Odds
Pre-Match odds are stable. They don’t change much before the game begins so you get a better understanding of your wager before the start of the match.
Great for Beginners
Pre Match betting is the best option for beginners. By placing your bets before the game starts, you get time to research, plan and seek expert advice before betting.
Less Pressure
When you place bets pre-match, you are in more control because there’s no pressure to react to constantly changing odds.
Disadvantages
No Adjustments
Once the game starts, you cannot change your bets. In pre match betting, your bets are fixed before the match starts.
Limited Information
There’s limited information provided on how the match is going to go. So the results can be quite unexpected.
Less Excitement
Unlike Live betting, pre-match betting doesn’t offer excitement because it is less engaging and you are unable to react to the match in real time.
Waiting Time
Pre match betting requires you waiting for the match to end before you see the results of your wager.
What is Live Betting?
Live Betting, aka in-play betting is a betting style that allows punters to place bets while a match is ongoing. It is a dynamic betting style that can only be played after the game has started; you get the opportunity to analyze the odds and place bets in real-time.
Whether it’s at the start of the match or later into the match, you can place your bets as long as the market is open.
However, due to the dynamic nature of this betting style, it requires sharp and full attention as odds are constantly fluctuating.
Now, let’s take a closer look at the pros and cons of live betting.
Advantages
Markets have better odds
Live betting often provides access to better odds as they fluctuate throughout the game.
Real Time Access to Results
When you’re betting live you get access to the statistics and results of matches as it progresses.
Flexible Decision Making
Live betting allows you to adjust your wagers as the match progresses.
Interactive Experience
Live betting allows you to enjoy watching sports more because you can place bets and react while the game is happening.
Disadvantages
Higher Risk
Since the odds are changing with the game, you might lose money faster than pre-match betting.
Live Odds can be difficult to Track
With live betting, it can be difficult to track odds because they change very fast as changes happen in the game.
Can be addictive
Live betting brings so much excitement that you may get addicted and find it hard to stop, especially when you’re constantly losing money.
Which is Better?
Choosing the right betting style for a match can be tricky, whether you’re new to gambling or an experienced bettor. However, it doesn’t have to be.
If you prefer to properly do research and plan your betting strategy before placing bets, pre-match betting is the better option. On the other hand, you should choose life betting if you enjoy betting in real-time and want instant gratification for your wager.
Ultimately, there’s no right or wrong choice when it comes to betting – you can even try both types to find the one that works for you best.
Conclusion
The type of betting you choose can depend on your personality, betting strategy, time, money and sometimes your mood. So, go with the one you’re comfortable with.