Betting strategies from Live Betting Odds UK

Here at livebettingodds.co.uk you can equip yourself with a couple of strategies before starting to place your live bets. Keep reading our guide below, and when you’re ready, click on our links to the best sportsbook operators for UK players to have a look at the odds they have on offer.

Hedging explained by livebettingodds.co.uk

Hedging is a strategy for protecting yourself from having made the wrong decision. It’s very much like an insurance policy on your bet, taken to protect you from a potential loss.

You can use hedging strategies to limit your losses or to secure some guaranteed profits. Let’s take a look at a few examples:

Let’s imagine you have backed an ice hockey team to win a game, but once the game has started, you notice that one of the players is not playing so well. You can decide to place another wager on an opponent in order to offset the original wager. Of course, in this case you will lose one of your bets, but you can hope that the other will make up for it, at least partially.

In some cases, you can also hedge bets in order to guarantee a profit, even if this won’t be a huge one. The idea is to place bets on different outcomes in order for the end result to yield a profit; this means that when you subtract your winnings from all your stakes, you will still be left with some extra money, regardless of whether you’ve won the original bet or not. You can secure a profit by hedging if the odds have shifted to your favour when compared to an original bet.

Nowadays, there are helpful tools online in order to calculate your profits on betting, including hedging calculators for the different types of odds.

Using live betting odds for arbitrage betting

Abritrage betting, or arbing, involves spotting a discrepancy between odds offered by different sportsbooks, and placing bets accordingly. This of course requires different accounts with separate sportsbook operators, and placing simultaneous bets on each outcome of the same event at odds that guarantee a profit, regardless of the outcome. This can happen due to the fact that bookmakers can differ in opinion, may be running a specific promotion, or because they have been slow at shifting their odds or have simply made a mistake.

Of course, there are always obstacles, even when it comes to arbitrage betting. Sportsbooks can cancel bets if they’ve made a mistake, or set limits which will prevent you to bet the amount that ensures a profit. As with any other types of betting, it’s always wise to stick to a budget so you don’t risk too much money due to the false belief that you can always win.

Identifying good live betting odds by predicting momentum

Another important strategy in order to get the upper hand in live betting is being able to predict momentum swings. This happens when one variable – such as a player- begins to gain the upper hand, causing the momentum to shift in his favour. The key is to be able to predict these changes before the odds change, which can be a matter of a few seconds. This of course involves a certain degree of experience, since bookmakers will also be attentive to these swings.

Start betting today with the livebettingodds.co.uk

Here at Live Betting odds, we’ve partnered up with great online sportsbooks to give you many betting options, and a chance to test out and develop your strategies. Take advantage of their bonuses and take less risks when you bet! We wish you the best of luck!