If you thought betting was just about gambling, sit down, this article is definitely for you. Essentially, in the gambling world, there are two predominantly used methods of betting, live and pre-match betting.

You may wonder what these are. Pre-match betting is, of course, betting prior to the commencement of the match, and live betting is betting during the match. While that is the basic definition, there are more details in this article that will distinguish between these two. Let us get right into it.

Movement of Odds

To explain it in as concise a manner as possible, when you are wagering before the game begins, you will notice how stable the odds are. In a match like the Bears playing the Packers, you may notice the game inclining towards the Packers and thus wager in their support. Sportsbooks do this to give you a fair idea of what you are getting yourself into.

However, when the issue is a live play, the goalpost shifts. Now the fixed odds that had been agreed upon are rapidly changing with every change of the game and a simple injury to someone as crucial as Xavier McKinney of the Packers can reverse the game’s odds in the Bears’ favor. From substitutions to free kicks and even possession, the odds change.

This is making the experience more thrilling when playing live and, to be truthful, fairer. So the next time you are viewing a thrilling sports betting series, you can choose which direction is more convenient for you.

Bet Placement Time

One of the most striking differences is when you place bets. If you’ve just arrived at your cool place with 15 minutes before a game kicks off where the Chiefs are playing the Eagles, you can read through the statistics and place your pre-match bet before the game begins.

Assuming you are late, though, and you would still wish to get in on the action, then you can utilize the live option. This option may, at times, work to your advantage since most games, like the Super Bowl, are extremely unpredictable. This is the beauty of online betting, and sites like Betway provide you with these options.

Emotional and Experience Impact

For anyone who has ever made any of these options, they can confidently bear witness that the state of mind is very different. While betting involves a risk element that may make one jittery, if you’ve made your bet, you are likely to relax and even focus on the game since you’ve probably accepted whatever the outcome.

While live betting, you might be glued to the screen for all the wrong reasons. Maybe because after your bet has been accepted, your team starts to mess up, and you get anxious.

Strategy and Mindset

Not to generalize, but statistically speaking, most pre-match bettors are usually planners in the sense that they are more thoughtful in their approach. 

Live betters, however, are joined with the thrill that they seek. Instead of doing homework, you can be betting on impulse since the side you support is giving you reason to select them. So if the Dolphins are the better team, you can easily place a +125 bet when battling the Bills.

Conclusion

In summary, both live and pre-match betting have their own appeals. There are punters who enjoy the slow burn and tactical preparation, and others the exciting rush and spike of adrenaline of in-play betting. Depending on your taste, you will easily recognize which caveat you fall into.