Most online betting shops now offer live in-play betting on major sporting events. Because of this, sports bettors now have many more chances and ways to use the free bets which come with gambling online. This allows bettors to react to sporting events in real time and adjust their betting strategies accordingly, placing bets to either try to maximise or minimise their exposure depending on how the action flows.
One clever tactic for using free bets is to place them ‘live’ during a sporting event alongside picks made before the event started. By doing this, bettors can either increase their winnings by using their free bets to further back their earlier predictions, albeit at reduced odds, or to hedge their bets if the result is not going the way that they expected.
Using free bets live as an event is going on can also help to protect serious bettors against unexpected results. For example, if the clear favourite in a motor race crashes on the first lap then the entire betting landscape of the race changes. By betting in-play, and using the free bets held back from pre-race betting, a bettor can make new selections based on the freshly updated odds and minimise the damage.
Although there are lots of ways to use free bets while betting on sports events, the tactic of using them to adjust the payouts based on how the action is going is especially useful for high stakes gamblers.