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New York residents now have the opportunity to engage in sports betting, offering a wide range of options to participate in the thrilling activity. Among these options is live betting, which elevates the overall experience to an entirely new level. Gone are the days when betting had to cease once the games began; instead, you can now engage in real-time betting to increase your chances of winning.
Almost all online sportsbooks in New York offer live betting as a prominent feature. With the advancements in technology, the betting options available on your device or computer far surpass those in a physical sportsbook. Even if a retail sportsbook provides a limited selection of live betting options, it cannot compare to the extensive choices available at your fingertips.
Continue reading to discover all the details and intricacies of this captivating and thrilling method of sports betting in New York.
Best NY sportsbooks with live betting
Top 3 live betting apps in New York
In New York, not all sportsbook apps are equal. Some strive to push boundaries and revolutionize the concept of sports betting, while others are satisfied with simply replicating their physical sportsbooks. It goes without saying that our preference lies with the former. Therefore, we have selected these sportsbook apps as the top choices in New York.
1. FanDuel Sportsbook app
One cannot deny the appeal of FanDuel Sportsbook, which has rightfully earned its place as a leading sportsbook app in the US. Its user-friendly interface, smooth navigation, and attractive bonuses make it a top choice. Live bettors can expect a range of exciting features, including:
- The lightning-fast application eradicates the possibility of lag or technical glitches undermining betting experiences.
- The live betting option is user-friendly and straightforward to navigate.
- Competitive lines and odds provide exceptional value.
2. DraftKings Sportsbook app
Over the past few years, DraftKings Sportsbook has emerged as a prominent player in the realm of American sports betting. With its distinct black-and-green branding, the company has garnered a reputation for its outstanding performance, groundbreaking ideas, and notably dreadful series of advertisements. For those engaging in live betting on the platform, there are numerous appealing features to enjoy, such as:
- A personalized betting wheel that adapts to your preferences and past betting records
- A vast selection of live betting choices, encompassing even lesser-known sports.
- An attractive and high-speed application that grants players extensive authority over their bets.
3. BetRivers Sportsbook app
Many New Yorkers should be well-acquainted with BetRivers Sportsbook. This online sportsbook app is linked to Rush Street Interactive’s array of casinos, including Rivers Schenectady. If you are interested in live betting, BetRivers offers a plethora of appealing features.
- There is a vast selection of live betting choices, encompassing even the most unconventional sports from various corners of the world.
- The app interface is smooth and user-friendly.
- The capability to stream live events and place bets instantly.
How does live betting work?
In-play wagering, also known as live betting or in-game betting, involves placing bets on ongoing games. The available betting options change and adapt based on the actual progress of the game. While you may have some idea of potential opportunities, the precise odds and details of the wager can only be determined in the heat of the moment.
Live bets are characterized by their astonishing speed, with opportunities to place wagers appearing and disappearing within a matter of minutes. Consequently, online platforms are much more suitable for engaging in live betting, as the logistics of implementing this type of betting in retail settings are typically unfeasible.
Live betting, which is a type of proposition betting, should not be overlooked when categorizing bets. It is crucial to be aware of the different forms of live wagers, as they can easily be mistaken for other types of bets if you are not knowledgeable about them.
The initial and prevalent type of live bet is the partial game outcome. In this scenario, a sportsbook may inquire about the winning team or the result of a specific period of play. Additionally, there might be choices available concerning the outcome of smaller events within the game, such as individual possessions or segments of play. It is worth mentioning that there can be a significant number of these options throughout the course of the game.
A frequently encountered form of live betting involves milestone accomplishments. Typically, these milestones pertain to individual games rather than spanning an entire season or career. Usually, they come into play when a player or team is demonstrating a certain statistical trend. For example, if a team has scored X points by halftime, a sportsbook might present the question of whether the team will surpass or fall short of 2 times X points by the conclusion of the game, accompanied by odds for each possibility.
In addition, live betting options often allow for the continuation of popular pregame bets such as the spread, moneyline, and total (over/under) even after the game has started. However, it is important to understand that these are considered prop bets rather than their original wager type. Pregame bets can change due to various factors like analysis, betting activity, and influential bets. Once the game is underway, the sportsbook odds start to fluctuate dynamically based on the game’s progress. Consequently, they become less predictable compared to their initial counterparts. This does not mean that you cannot or should not place these bets, but it is crucial to acknowledge them for what they truly are, rather than what they claim to be.
Reasons to start live betting
If you consider yourself a casual or careful bettor, you might currently believe that live betting is not suitable for you. The fast-paced and high-pressure nature of live betting may not align with your preferences when visiting a sportsbook, whether physically or online. It is understandable to have such reservations, but it would be premature to dismiss live betting altogether. Similar to other sports bets, live betting can prove to be an incredibly useful resource in your arsenal for NY sports betting.
Indeed, live betting options fluctuate rapidly, but they are abundant throughout a game. Given that live betting encompasses even the smallest events, such as single-play outcomes, it is not uncommon to encounter over a hundred betting opportunities within a single match. This opens up a whole new realm of betting possibilities for you. Gone are the days of idly waiting and anxiously hoping for your pregame wagers to succeed.
By availing yourself of these fresh opportunities, you also possess the ability to alter the course of your betting for that particular match. Should your initial evaluation prove to be correct, you can explore additional avenues to capitalize on that information. Conversely, if your initial bets are taking a negative turn, you may discover potential hedging options to regain the losses or completely reverse the outcome of the game.
Live betting odds, due to their fast-paced nature, do not undergo the same level of scrutiny as pregame propositions. Consequently, there exists a genuine chance of uncovering lucrative opportunities and highly advantageous odds. By understanding what to observe during the game, engaging in live betting can significantly augment your financial resources.
How to place a live bet
Placing a live bet is as simple as placing a pregame wager. If you have the option on your screen or mobile device, it means it’s available. When you find something you want to bet on, follow the usual procedure: click to add the bet to the slip, enter your stake, and submit. The bet will then be open and you can monitor it on the site until it’s resolved. Any winnings will be credited to your account immediately.
Examples of live betting options
Nowadays, live betting holds a prominent position in the majority of online sportsbooks. Both bettors and bookmakers find the allure of placing bets during a game quite irresistible. Consequently, the app offers live betting opportunities for nearly every sport. Typically, larger events tend to offer a greater array of live betting options.
Various sports, such as hockey, soccer, and basketball, offer a range of options at leading sportsbooks, including live betting opportunities.
Basketball (from DraftKings)
Soccer (from FanDuel)
Hockey (from BetMGM)
The available choices depend on the live games being played. Generally, you’ll come across ongoing pregame bets for lesser-known or non-US sporting events. Nevertheless, by staying attentive, you can discover great opportunities on any reputable sportsbook.
Live/In-Game betting strategies
While live betting may be characterized by chaos and unpredictability, there are several ways to enhance your experience with it. Although your preconceived notions about the ongoing game might no longer hold true, the underlying assumptions regarding the players and teams involved could still be valid.
If you usually follow a systematic approach before placing a sports bet, you might have to change your mindset. Due to the limited time, it’s not feasible to employ a complex procedure for every live bet.
Fortunately, by keeping the following live betting tips in mind, you significantly enhance your prospects of achieving success in live betting. Hence, here are some key guidelines to effectively dive into live betting:
- Be swift yet deliberate. In live betting, you’ll need to make rapid choices, but there’s no need to burden yourself with an excessive number of them. While there may be over a hundred betting chances in a game, it’s crucial not to wager on each and every one. Take your time and maintain a steady pace.
- Keep an eye out for emerging trends. Even though live bets can pop up unexpectedly, it’s still possible to prepare for potential chances. If you observe a specific player or team consistently displaying a certain behavior, start contemplating whether you think that pattern will persist. If feasible, roughly estimate the decision you would make for that kind of bet, and remain vigilant to see if it becomes available for wagering.
- Seek ways to manage your risk effectively. As previously mentioned, engaging in live betting can be a great way to enhance or protect your pregame wagers. Additionally, live betting presents various opportunities to reduce some of the potential disadvantages you may encounter. For example, you can potentially exploit live spreads compared to the pregame odds to find advantageous moments. At the very least, live betting can help you offset unexpected one-sided outcomes.
Live sports betting mistakes to avoid
Live betting is not a foolproof method that guarantees you will win. It is important to acknowledge that losses are bound to happen in live betting. Winning in live betting is already challenging, so it is crucial to avoid adding more obstacles for yourself. Therefore, it is essential to be aware of the common risks associated with incorporating live betting into your sports betting portfolio.
- If you disregard your bankroll, the speed and abundance of choices in live betting can be both thrilling and overwhelming. The betting board may present numerous intriguing options, with new ones constantly appearing. Yet, it is crucial to maintain composure and refrain from wagering on every opportunity that catches your eye. Placing more bets means draining your funds at a faster pace, potentially leaving you with an empty account balance in no time.
- Instead of relying on live betting to break even, it is important to refrain from considering in-game options as a solution to a bad day. Engaging in live betting when in a negative state of mind can be extremely detrimental. If luck is not on your side and the situation appears bleak, it is best to refrain from exacerbating your losses by attempting to recover them during the game. Preserve your funds, maintain your mental well-being, and return at a later time with a fresh perspective.
- Stepping out of your comfort zone in betting can be quite daunting, especially for experienced sports bettors. Even for those who casually engage in betting, it is advisable to avoid exacerbating the situation by wagering on unfamiliar sports or types of bets. An essential principle in sports betting is conducting thorough research and being knowledgeable about the sports and wagers you choose, as this greatly enhances your chances of success. Winning in a sport you are already familiar with and have ample time to analyze is challenging enough; therefore, live betting is not the opportune moment to experiment with uncharted territory.
Live betting wrap-up
Live betting is definitely a permanent fixture in New York. When you access the fantastic sportsbook apps available in the Empire State, you will undoubtedly encounter numerous live betting options. Gone are the days of placing a few pregame bets and patiently waiting for the game to unfold.
If you feel a mix of excitement and intimidation towards live betting, don’t hesitate to give it a shot. Live betting provides an excellent opportunity to gain fresh perspectives on a game and place bets on specific segments of gameplay that have caught your attention. A composed and experienced sports bettor can utilize live betting to enhance their overall performance and minimize the negative effects of downturns.
Nevertheless, it is important not to overlook the fast-paced nature of live betting and the limited opportunity for analysis, both for the sportsbook and the bettor. Failing to make careful considerations within the short timeframe can lead to unfavorable outcomes. It is crucial to resist the urge to rush decisions since there will always be another betting opportunity soon. It is advisable to exercise selectivity, avoid risking large sums of money, and remember to enjoy the experience. Cheering for a three-pointer or a seven-yard rush, rather than six, can be incredibly exhilarating.