Finding Best Odds for Live Sports Betting

How to Get the Best Odds

There are various sportsbooks that presently offer live sports betting and more are coming on board. You can bet on a range of sports, including soccer, cricket, baseball, tennis, basketball and football.

Difficulty in Finding Best Odds

One of the most difficult things to assess as far as live sports betting is concerned are which books are offering the best odds. Because they are live, the odds aren’t available until the game is in progress and once the odds are posted, they change depending on game developments.

Additionally, all sportsbooks don’t carry the same games and many don’t offer the same sport. These facts make it difficult to find best odds.

How to Find Best Odds

There are a few things that you can do to find the best odds on a sport or even a game. Take some time to visit various sportsbooks when their live sports betting option is running. Check out the odds, taking some time to record specific bets.

Assessing the Odds

In assessing the odds, you’re going to have to understand the sport itself.  In this article, we’re assuming that you do. In order to evaluate the odds, you’ll need to make note of a few things.  These include:

  • Team matchups—are the two teams equal or is one superior?
  • The quality of the players involved.
  • Game situations.

Team matchups and odds are important. If one club is superior to the other, this should clearly be reflected in the bets that focus on game outcome, point totals and overall performance.

Concerning bets on specific plays or situations, you need to consider the players involved. As an example, quarterback Peyton Manning and the Indianapolis Colts in the red zone against the lowly Detroit Lions will have much different odds than quarterback Jay Cutler and the Bears in the red zone against the Green Bay Packers. Manning has a much better chance of scoring than Cutler, and the odds should reflect this.

Finally, assess how the odds reflect the specific game situation. Once again using football, a team in the red zone with a first and ten would have much different odds if that same team was pinned back on their two-yard line in a third and 15 situation. The odds of scoring a touchdown are much better in the first scenario.

Odds Need to Make Sense

Basically, the odds have to make sense to you. In evaluating them, look for sportsbooks that react to changes as these tend to be presenting the odds in relationship to what has happened and what might occur next. However, if you can find a book that is slow in adjusting odds when changes in momentum occur, that can favor you, as you may be able to exploit that situation. One thing is certain you need to do your homework before you start betting.