Pre-match betting is an easy-to-grasp concept in the sports betting industry. You might have probably engaged in this type of betting without knowing what it’s called. It is the most common way to bet, both in online and land-based sportsbooks. Pre-match betting is a must-try for every bettor because you would apply some of the knowledge to the live betting sector. Pre means before, so basically what pre-match betting means is placing your bets before the game kicks off. On every sports betting platform, you can apply this betting type. 

Advantages of Pre-Match Betting 

• Relatively Fixed Odds: The odds attached to matches under this bet type are quite stable. They are not prone to heavy fluctuations. If there are changes in the odds value, it will just be minor. Simple events like injury to a player before the kick-off time can result in odds fluctuation. 

• Ample time to Carry Out Research: In pre-match betting, you can bet on an event weeks before the kick off date. This gives you enough time to plan your bets by analyzing head to head stats and checking injury updates and team form. Proper planning and research are how you boost your profit chances on TonyBet. 

• Time Flexibility:In pre-match betting, you don’t need to consistently monitor your bets, especially if they are much. So if you are unable to watch the game live, pre-match betting might be a better option. Instead of monitoring your bets, you can activate the Auto Cash out feature, which can be found on certain online sportsbooks. 

Disadvantages of Pre-Match Betting 

• Lack of Flexibility: In pre-match betting, once you lock in your bet, it becomes very difficult to make changes. Once you have chosen an outcome and submitted your bet, making any changes is not possible. The only option you will be offered is to cash out. By cashing out, you lose some parts of your initial stake. 

Understanding Live Betting 

Live betting entails placing bets on events that have kicked off already. It removes the worry of missing out on an event because it has already started. So if a game is on, you can place a bet on 1 minute, 10 minutes, and even minutes before the final whistle. It is a very unique style of betting that is subject to fluctuations. If you need that little bit of adrenaline, then live betting can offer you that push. However, this betting type requires total concentration with your eyes locked on your bet and also the event. 

Advantages of Live Betting 

• Markets are Prone to Huge Fluctuations: If you time your bets well, there is a massive opportunity to make huge profits. Live bets are dependent on what is happening in real-time. So if you are able to predict an outcome early, and it works out, the profit chances will be great. 

• Highly Engaging: Live betting will get you watching a sport you have never watched before just to monitor your bet. It is a very thrilling way to gamble, offering unmatched fun and excitement. 

Disadvantages of Live Betting 

• Bets are Time Sensitive: Live betting requires you to be on your toes at all times. A second delay could be the difference between making or losing money.

• Highly Risky: Betting on live games is very risky because, in the twinkle of an eye, everything can change. Merely reading a team wrongly can lead to an unfavorable ending.