Dynamic live betting: Why bookies must offer it!

Dynamic live betting refers to the act of wagering on a sporting event in real-time. Unlike traditional pre-match betting, it allows bets on the ongoing match, like who will score the next goal or win the next corner kick. 

With dynamic live betting, bookmakers continuously update the odds in response to the events happening in the match. This provides an opportunity for bettors to react to changing circumstances and make informed betting decisions.

Dynamic live betting has become popular due to advancements in technology and the proliferation of online sports betting platforms. One advantage is that it offers the chance to respond to information as it comes in. For example, if a star player is injured during a match, the odds of that team winning the game may shift.

Another benefit of dynamic live betting is that it provides a way for bettors to hedge their bets. Instead of placing one large bet before the match, bettors place several smaller bets throughout, adjusting their wagers as the odds change. This can lead to more consistent returns and reduced risk.

Challenges

One of the challenges is that the odds change rapidly, and bettors must understand the rules of the game. Additionally, because bookmakers have access to a lot of data and metrics, they can adjust the odds to minimize risk. As such, bettors must be strategic in their approach, carefully managing their bankroll and making calculated decisions.

Overall, it is an exciting way for sports bettors to engage with their favorite sports and potentially profit from their knowledge. With its real-time updates and constantly evolving odds, it offers an immersive and thrilling betting experience that appeals to a wide range of sports fans.

Benefits of offering dynamic live betting on your site

Dynamic live betting, also known as in-play betting, is the fastest-growing segment of online sports betting. Online bookies should offer dynamic live betting to their clients because it enhances the overall betting experience, increases client engagement, and provides additional revenue.

By offering dynamic live betting, bookies can offer a more interactive experience for clients, creating excitement and anticipation for clients throughout the game.

Additionally, it increases client engagement with the sportsbook. As clients can place bets on multiple events during a game, they are more likely to stay engaged with the sportsbook throughout the entire event. This leads to increased client loyalty and retention.

Finally, dynamic live betting provides additional revenue streams for online bookies. As clients place more bets during a game, the total amount of bets increases. This means that the sportsbook earns more revenue per game. Additionally, offering dynamic live betting can attract new clients who are looking for this feature specifically.

Overall, offering dynamic live betting is a win-win for both online bookies and their clients. It enhances the betting experience and provides additional revenue streams for the sportsbook while keeping clients engaged and loyal.

In-Live Betting options with Bookie Helper

Bookie Helper offers two types of dynamic live betting, including EZLive and DLive. Each option provides bookies with different betting options and limits, language support, wager types, and the ability to block certain events.

You can find more information and a handy comparative chart on Bookie Helper’s dynamic live betting options here.

Get started

Bookie Helper’s setup process is quick and easy. Once you sign up, you can customize your preferences and our team will promptly configure your account to meet your specific requirements. The duration of the configuration process varies based on the complexity of your specifications and the size of the package, but should generally take between 20 minutes to three hours.

Should you require any of our add-ons integrated into your sports betting platform, just indicate which one you need and we’ll enable it for you. Feel free to reach out to us if you have a large package or need assistance with setting up different preferences for different players. We are always happy to help and provide advice throughout the account configuration period.