Live betting has expanded the world of sports betting. Until a few years ago, you could only wager on the outcome of a game. Some physical sportsbooks did allow bettors to bet on ongoing games, but this was usually done manually and through the phone. It was also limited to specific events and tournaments. Today, fans can wager on live matches and pounce on the odds as they change in real-time. Let’s look at the technology that makes this possible.
Understanding Live Betting
Live betting or in-play betting refers to sports wagering that happens during a game. You place a live sport bet Zambia after a match has started and at any point during the game. Unlike the fixed bets you would see before a game, the odds in this setup change often to reflect the events in the match.
Live betting has become increasingly popular in recent years as providers like Betway strive to provide new betting markets and make sports wagering more immersive. Thanks to live betting, you can now predict and bet on more outcomes, such as the half-time score, the number of fouls in the first half, what players get carded, etc. You can also place more bets on a single game.
4G and 5G Internet
So, how is live betting possible? The internet is the primary reason you can watch and bet on games live. Through antennas and radio frequencies, 4G internet connects your mobile device to the networks you need to access a live game and betting stats. 4G internet’s successor, 5G internet, promises lower latencies of under 5 milliseconds. Low latency, high speed, and a reliable connection deliver the most streamlined live betting experiences. With fast, secure, and robust connections, you see every second of a game as it unfolds and place bets at the right time.
Big Data Analytics
Big data delivers the changing odds you see during a live match. Major sportsbooks like Betway have dedicated teams of talented oddsmakers who monitor the events in a game and adjust the odds for accuracy. However, no human being, no matter how gifted, could ever hope to keep up with all the minute details in a game every second.
Big data analytics allows oddsmakers to track team and player performances, VAR decisions, and weather changes and compare them to historical trends and records to deliver fresh odds for every bet event. This application ensures that you never place a new bet based on outdated odds but on what is currently happening in the game.
Streaming and Live Betting
Some sportsbooks offer the option of live streaming a game so you can make bets based on the odds and what you see. For efficiency, these live streams appear on the same page as the betting window so that you can respond to events in the game in real-time. The same technology powers live casinos.
Wrapping Up
Live betting is an exciting field with many promising possibilities. As the technology that powers it grows, its capabilities will only expand. Developers are, for instance, working on enabling voice commands for augmented betting environments. This could make live betting hands-free, and it’s only one of the many exciting things happening around the sector.