What is Live Sports Betting in Kentucky?
Live betting, or in-play betting, is a growing phenomenon in online sports betting. It's the ability to bet during the game and react to what is happening out on the park in real time (or very close to it).
Millions of bettors around the world now have their experience of a live sporting event enhanced by an in-play wager, win or lose. It ramps up the anticipation, the excitement and the drama of the game you are watching. It's allows the bettor to have a real stake in the game.
Imagine the teams are tied going into the last minute of a key NFL game. If you like the team in possession to score the winning points, then you can now bet them to do so at the click of the button. All of a sudden, there is plenty more riding on the game, so the buzz is huge when your team takes the ball into the end zone for the winning score.
Spotting a trend or picking up on subtle clues in a game and placing an in-game bet on the back of that can be hugely rewarding for a bettor.
How Does Live Betting Work?
Live betting can be a fast-paced environment. Odds will be changing all the time and hesitation can often lead to missing the odds a bettor wants. One a game has started, sports betting odds ebb and flow depending on how a game is going, but the starting point will always be the pre game odds.
Sportsbooks use algorithms to calculate how every play impacts the odds, but there will often be human intervention on the sportsbooks' side should a trader notice factors that wouldn't necessarily be picked up by the algorithms.
The key point to remember is that live betting odds are always a reflection of the state of the game at that moment. If one team is running away with the game, their moneyline odds will reflect that.
What is Moneyline Live Betting?
A moneyline bet is one of the most popular in-play bets. Its appeal is its simplicity. With an in-game moneyline wager, you are simply backing which team or player you expect to go on to win the game.
Once the game begins, the pre-game moneyline odds will begin to change frequently, depending on how the game is playing out. Moneyline odds will reflect what is happening in the matchup, so if a football betting underdog quickly builds up a big lead, their moneyline odds will shorten accordingly.
On the flip side, the odds of the favorite will be pushed out in order to balance the book.
The Difference Between Live Betting & Live Streaming
Live betting and live streaming go hand in hand. Live betting is the ability to bet a game in-play, while live streaming is the ability to watch the action through the sportsbook as it unfolds. Being able to watch a game via a live stream is a major factor for anyone wanting to get involved with in-play bets because they can analyze the action with their own eyes rather than simply relying on in-game statistics.
It is important to note that live streaming is not universally available across online sportsbooks. The ability to live stream a sporting fixture varies from sportsbook to sportsbook and event to event. If you are someone that likes to watch live streams, it is imperative that you shop around the online sportsbooks in Kentucky.
The other factor of significance when it comes to live streaming is there is always a slight delay. This delay varies from broadcaster to broadcaster so an in-play bettor should always be aware that the pictures they are looking at are a handful of seconds behind.
Pros & Cons of Live Betting on Sports in Kentucky
There is no doubt that betting on live sports can enhance the viewing experience greatly. In-game betting is especially beneficial for sharp bettors good at information gathering in short spaces of time.
But there are some downsides to this particular type of online betting. Live betting is not for everyone. Consider these pros and cons before jumping into Kentucky live betting:
Recommended Sports for Live Betting in KY
Live betting is now one of the major features of the best online sportsbooks in Kentucky. Whatever the sport, and whatever the country, it's possible to bet live on almost anything nowadays.
However, not all sports lends themselves to an in-play experience and it's probably no surprise that the most popular sports for live betting are the big ones.
I'm going to take a more detailed look at the biggest sports for in-game betting and what makes them such a compelling product for bettors that want to enhance their viewing experience.
NFL betting is the most popular type of sports betting in North America, and it's a near-perfect sport for a live bet online. Unlike sports like hockey or basketball, football has regular breaks in play.
Those breaks allow bettors to evaluate what they have seen and digest the current sportsbook odds. If you want to bet on the Colts odds at +3 on the spread but couldn't because the pre-game line was +1, you can wait to pounce once the line hits +3 if the Colts fall behind.
Football betting isn't just restricted to NFL games or Super Bowl odds on Kentucky sportsbooks. They will likely offer a comprehensive live betting option on NCAA football.
Fast-paced sport like basketball will always appeal to sharp live bettors because good judgement calls can be rewarded super quickly. Odds will update constantly to reflect what is happening in the game but sharp bettors will often be ahead of the curve.
If you know that the Wildcats are playing a team that starts slowly, betting on the Wildcats pregame or early in live betting can put you ahead of the line. From this position, you then have the option of betting the opposite side of the line to lock in a profit. Alternatively, you can cash out your original bet for a profit.
In another example, it might be obvious early on that a team isn't defending as effectively as normal, perhaps because of a personnel change. NBA live betting can help you take advantage of such an observation by betting the point spread.
Baseball is relatively unique in the live betting world because it's a sport that boils down to one-on-one match ups between batter and pitcher. The frequent stoppages in play allow observers to digest how the game is progressing and whether or not a sports book's odds reflect that. Shrewd viewers will quickly be able to pick up on any small clues as to which of those key players is more likely to emerge on top and they can take advantage by betting live accordingly.
Pitcher performance can be critical to determining the outcome of a baseball game so if the Wildcats pitcher is pitching to his usual standard, live bettors can pick up on this and bet the opposition on either the spread or the moneyline.
NHL might not be the most popular of North American sport but that can be to a niche bettors advantage. The lower the liquidity in betting lines, the more potential there is for inefficiency, and that can mean mistakes in the odds. Sharp sports bettors will be able to spot these mistakes during live betting, even though hockey moves at such a swift pace.
The number of in-game markets in hockey is also growing rapidly so live bettors have a greater choice. For example, the Kentucky team may have a poor record in games against a certain opponent, which is reflected in pregame moneyline and puck lines. However, viewers analyzing the live action might soon pick up on the fact that certain personnel changes mean Kentucky have a better chance that the pregame odds implied. In that scenario, they can take advantage by betting the live odds.
What Makes a Great Live KY Betting Site?
Not every Kentucky sportsbook offers a brilliant live betting experience so it is imperative that anyone looking for a sportsbook does their homework. The best sportsbook will offer comprehensive live streaming of games, live radio commentary, a huge array of live betting markets and competitive lines.
The ability to watch the action unfold with your own eyes can be extremely important to many live bettors so finding a site that offers live streaming as well as the standard in-game graphics is vital. Many sites also offer live radio commentary, which can also be useful.
Kentucky sportsbook apps like PointsBet (more on them below) are renowned for offering a brilliant live betting service.
Large Live Odds Selection
One of the most appealing factors in live betting is the increasing selection of markets available. It's important to find a sportsbook that offers a large selection of live odds because it increases a bettors ability to cash in any given in-game situation.
When it comes to having a large selection of live betting markets, FanDuel Sportsbook KY is an industry leader.
FanDuel cover a wider range of sports and competitions than many other sportsbooks, as well as providing live streaming. Live bettors have a whole host of odds to choose from, including moneylines, spreads, totals, team props and player props.
Many Kentucky sportsbooks offer standard live betting markets like moneyline, spread and totals but some go the extra mile to offer more choice. Finding a sportsbook that offers different live betting markets can be a huge advantage.
PointsBet Sportsbook Kentucky excels in this area because they have an extensive selection of bet types to choose from. PointsBet is one of the only U.S. sportsbooks to offer live same-game parlays. This allows bettors to build a same game parlay right in the middle of the action.
Live Betting Promotions
Sportsbook promos are a big draw for online bettors, and live betting promotions are becoming increasingly important as more in-game players are drawn in. The opportunity to bet live using house funds can greatly enhance the live game experience, especially if you can bet a winner!
Not all Kentucky sportsbook promos will allow the bettor to use the promo funds in live betting markets, which gives a sportsbook like BetMGM an edge over their rivals.
With BetMGM Sportsbook Kentucky you can use promo funds to bet pregame or live in-play, which is particularly useful. It should be noted that these promos are time sensitive and are not available to all bettors.
How are Live Betting Odds Calculated in KY?
Sportsbooks will use a combination of traders and algorithms to calculate pre-game odds but when it comes to in-play odds, they use sophisticated software solutions powered by ultra-fast servers. This enables them to churn out statistical analysis and real-time odds in super-quick time.
As the game ebbs and flow, sportsbook odds are constantly changing to reflect the state of the game. In order to ensure their prices are as accurate as possible, they need to work from the fastest pictures available, which is why they will normally rely on someone at the venue itself to operate the market and ensure it is suspended as soon as someone scores.
That is why live betting players will see the market suspend before the live stream shows the score.
Make a Live Bet on Sports in Kentucky
Live betting on sports is becoming so popular that it's well on the way to surpassing the popularity of pregame betting. Indeed in some sports we are already at that point.
Live football betting, for example, can greatly enhance the viewing experience and give the bettor a feeling of having a stake in the game. Ultimately, it brings you closer to the action and that ratchets up excitement levels.
There are some fundamental points to note when choosing an online sportsbook in Kentucky to bet live:
- ⭐️ Coverage: Make sure the sportsbook not only covers the sport, but also the in depth, so not just the majors.
- ⭐️ Choice: The more options available to you, the better your chance of betting a winner. It's also important to find out whether the sportsbook covers events with live streaming, radio commentary or the standard graphics.
But remember, live betting provides an adrenaline rush that some people will find addictive. For all its obvious positives, betting in-game is not for everyone. Make sure you wager responsibly and only bet what you can afford to lose.
Kentucky Live Betting FAQs
No, you can't bet on live sports in Kentucky yet, but you will be able to soon when online sports betting can go live, starting June 28, per state law. From that point, bettors in Kentucky will have some great live betting options.
There will be lots of options for live betting sites in KY. For range of coverage and markets, sportsbooks like FanDuel, BetMGM, DraftKings and Caesars are right up there as one of the best. There are plenty of alternatives though, with books like PointsBet offering unique services like in-game parlays.
Yes, you absolutely can, but you need to be sharp. Sportsbook algorithms are super intelligent, and they generate odds that reflect the game state to incredibly accurate levels. However, if you are a good reader of a sport and can digest information quickly, there are always going to be opportunities for you in live betting.
While sports betting is not quite live in Kentucky yet, you will be able to bet on all the major U.S. sports in-game and most minor ones, too. Live betting coverage is growing all the time, and anything that is airing or streaming live will almost certainly have in-game odds.
Yes. In-game betting, in-play betting and live betting are all the same thing. It's the ability to bet on a game whilst the game is taking place. In-play markets will generally be live from the moment the game starts to the moment the clock runs down.
Gavin Beech is a writer and contributor for BetKentucky.com and has worked in the betting industry for almost 20 years. Gavin is an experienced horse racing journalist, sports betting content writer and tipster. He has worked for some of the biggest online operators around, notably MailOnline and the Racing Post, where he is a regular on the Live Tipster slot.