'Live odds' are the odds given by a bookmaker on an outcome available for wagers during a game, as opposed to before it. This return is based on the 'odds' given for that bet - the chance of an outcome happening, weighted against the need to attract bets and also the bookmaker's cut. Sports betting involves wagering a cash stake against a particular outcome in a sporting event, such as a team winning or a number of goals being scored, and if their prediction is correct they receive a return on their stake.
Which Sports are the most popular for Live Odds?Ī popular form of sports betting in the United State is Live Odds or what many also call In-Game Wagering. Live odds are common in sports betting, and are available throughout the game and very close to the final seconds, outs. Players who are losing on one bet can take another to cancel out their loss and to make the most of the new situation. In sports betting, live odds are odds which update in the build-up to an event and also while the event plays out.