Live betting or 'in-play betting' allows bettors to participate as an event is taking place. This flexibility has made live bets at Rizk very popular with Canadians. The intensity can often be exhilarating. Just ask Captain Rizk! The highs and lows are part of the fun and can improve your sports betting ability over time.
What is Live Betting?
Live bets at Rizk sportsbook is an exciting way of potentially profiting during a sporting event. As an event such as a European football match unfolds, and the odds change, a bettor may identify a new betting opportunity.
How does Live Betting Work?
If you want to make live bets, you need access to a reliable live feed to follow every second of the action or risk missing out on the complete picture. Anything can happen during a match to create an opportunity, so you need to be alert.
Sometimes, these opportunities are subtle and barely noticeable. For example, on paper, a visiting hockey team may be superior to the home team. However, you may have observed a facial expression on the visiting team's number one goaltender that may suggest an injury. Live bets backing the underdog, in this case, could prove profitable if your hunch is correct, and he has to leave the game.
Alternatively, a knowledgeable bettor might find a betting opportunity when an outside factor such as the change in weather can influence the results. For example, an outdoor event such as a horse race can experience swings in weather conditions. History tells you that a particular horse excels on wet or muddy racetracks, leading to an opportunity during a downpour. The same can be true for a motorsport driver with a successful track record in wet conditions.
Keep in mind that there is more than one live betting strategy. Some bettors may make live bets with a profit motivation, while others may use live betting as a hedge. A live betting hedge is a strategy used to reduce the risk of a bet or lock in a profit. It typically involves taking a position opposite to the original bet.
For example, you may have chosen the home team Toronto Raptors, to defeat the visiting Cleveland Cavaliers before the match. If Toronto is trailing by 20 points in the fourth quarter, you could make a live bet backing the visiting team. Live bets correctly done can lock in a profit regardless of how the game ends.
Timing can be important as well as experience and discipline. It's important to stick to a strategy when making live bets, as you may be tempted to chase losses.
Why Make Live Bets at Rizk Sportsbook?
Rizk's live bets page allows Canadians to back many of their top sports games. These include ice hockey, tennis, basketball, table tennis, cricket and many more. At Rizk, our live betting sportsbook offers competitive odds and a friendly user interface. Online and mobile betting are easy using an Android or iOS device. We also provide a cashout option on some events & markets and your betting history under the 'My Bets' tab.
