What is Live Betting? How to Live Bet on Sports

min read
Arizona Cardinals quarterback Kyler Murray (1) rolls out against the Los Angeles Rams during the first half of an NFL wild-card playoff football game in Inglewood, Calif., Monday, Jan. 17, 2022. (AP Photo/Jae C. Hong)
(AP Photo/Jae C. Hong)
BetMGM @BETMGM Aug 03, 2022, 12:23 PM
  • Live betting adds more excitement to each play.
  • Live odds are available for thousands of games each year.
  • You can build parlays with live odds.

Live betting is a fascinating form of sports betting entertainment that brings more excitement and importance to each touchdown, tee shot, home run, and thousands of other plays across dozens of sports each year.

What is Live Betting?

When the action starts on the field, court, or rink, why should action end at the online sportsbook?

At BetMGM, it doesn’t; live betting allows fans to place wagers from kickoff, tip-off, or face-off through the final minutes of NFL games, NBA games, NHL games, and more.

You can place in-game wagers on live odds around the clock. With easy-to-track event pages, betting on live sports has never been easier and more exhilarating. Whether you want to increase a pregame position, hedge a money line bet, or jump on a favorable spread in the third quarter, seventh inning, or third period, there are opportunities for everyone.

How to Bet On Live Odds

Betting on live odds has never been easier. Regardless of your sports expertise and betting experience, anyone can place wagers.

For example, perhaps Kyler Murray and the Arizona Cardinals are hosting Cooper Kupp and the Los Angeles Rams in a critical NFC West game. The Cardinals are a 3-point underdog in NFL odds as they seek a win for playoff positioning.

Seconds before kickoff, the spread, moneyline, over/under total, and all other pregame odds were locked. But this doesn’t mean betting is closed for the game. Immediately after kickoff, live football odds opened.

Whether you’re a first-time bettor, casual bettor, or experienced bettor, betting on live odds is easy at BetMGM from your desktop computer or mobile device (with the BetMGM Sportsbook app).

Five minutes into the Cardinals-Rams game, Murray connected with Marquise Brown on a 28-yard touchdown to take a 7-0 lead. At this moment, the Cardinals were now just a 1-point underdog.

You could bet on the Cardinals to cover the spread, Rams to cover the spread, or build a parlay with multiple bets. If you’re new to betting, read our betting guide: “What is a Parlay?

Advantages of Live Betting

Live betting is perfect for fans who missed the chance to place a pregame bet, didn’t like the pregame odds, or wanted to see a few minutes of game flow before placing a bet.

In NBA betting, for example, you can wait six minutes into the game, the second quarter, or fourth quarter to place an in-game basketball bet on LeBron James and the Los Angeles Lakers, Joel Embiid and the Philadelphia 76ers, or any other team in any game throughout the preseason, regular season, and postseason.

You can also win money in real time; some games offer live bets that cash before the game is over. It could be a first-quarter spread, the first goal in soccer, or the first touchdown in football. Now, with your winnings, you could place another live bet in the same game, a live bet in another NBA game, or a pregame money line bet in a late-night NHL game.

Which Sports Have Live Betting?

BetMGM offers live betting for dozens of sports and thousands of events throughout the year.

Visit the live betting page to view current in-game odds for various sports. Using the “Overview” or “Event View’ tabs, you can click through sports and events to find the NBA game you’re watching on TV, the Colorado Rockies game you’re watching from the bleachers at Coors Field, or the college football game you’re streaming online.

It’s never been easier and more exciting to bet online during live games at the best online sportsbook.

Jamie Foxx holding a mobile phone next to the BetMGM's risk-free bet offer.