Despite being a huge part of today’s casino industry, sports betting has always been a world of its own. I mean how often have you heard about people running to bookies to place bets on slots and Free Spins?
Right Here and Now
Betting on your favorite teams and/or players is nothing new but the way people prefer to do it now is changing and I think a lot of it has to do with the shift in generations. You would have a hard time finding someone arguing the fact that Gen Z “kids” simply don’t have the same attention span and patience as previous generations. It’s all about right here and now!
A lot of it has to do with social media of course but it is now starting to show in the way of new trends even within sports betting. One of those emerging trends is called Micro Betting and it is having an impact on how people bet.
What is Micro Betting and why is it so popular? Bear with me and I will do my best to try to explain it to you.
Live or In-Game
I’m sure you are aware of Live Betting or In-Game Betting as it can also be referred to at times. This is when you place bets during the actual game instead of just a pre-game bet. Live Betting can be very exciting and is so popular these days that it is even projected to account for as much as 70% of all sports bets placed in the U.S during 2023.
As Live Betting grows, it is opening doors to new markets for all the sportsbooks and a lot of it is centered around the “new” phenomenon known as Micro Betting.
What Are Micro Bets?
If you follow sports, you know how much action is taking place within the actual games in terms of small events. These individual events are most often unrelated to the final outcome or score of the game itself. Micro Bets refer to bets placed on these individual moments.
It’s All About Speed
What attracts a lot of players to Micro Bets is that you don’t need to wait very long to find out if you win or lose because they happen so quickly. It could be a quarter, inning, point, set etc, depending on the sport.
Of the American sports, Major League Baseball is probably the most popular one for Micro Bets. If you really want to get into it you can find quick, thrilling bets like if the next pitch will be a strike or a ball? Will there be a Double Play or a fly ball?
In the end, the only reason why these types of bets are possible these days is of course how far technology has come. There’s no problem offering fast-changing odds and handling real-time data any more.
Popular Micro Sports Bets
Earlier, I mentioned Baseball being a popular sport for Micro Bets but lets run through a few more.
With the Super Bowl just around the corner, fans will be going wild over the bets that will be available during the game.
Normally, the following Micro Bets are available:
- Next Play
- Next Drive
- Field Goal Make/Miss
If you have ever watched an ice hockey game you know how incredibly fast paced the sport is.
Popular in-game bets are:
- Who scores the next goal
- How many goals in the 2nd period
- What team gets the next penalty
Lebron James just became the highest scorer in NBA history and even though the Lakers are having another crappy season, Lebron will keep on scoring.
If you are an NBA fan and looking for Micro Bets:
- Next 3-pointer
- Who scores next
- How many total points in the 3rd Quarter
I would say football and tennis are the most popular sports for live betting outside of the U.S. The best leagues and players are in Europe and then there’s also the Champions League.
Popular football bets are:
- Next Goal
- How many corner kicks
- Yellow Card
- Penalty Shot Yes/No
Tips and Tricks
In order to have success in Micro Betting, it really helps if you know a lot about the players and the game. This is how you know who’s hot and who’s not, if you know what I mean.
Technically I guess you don’t have to watch the game to place the bets but if you ask me, you should definitely be watching it. You can pick up tendencies and make a lot quicker bet decisions right on the spot.
Let’s take the NHL for example. If you know that one team has a very good power play, it could be a smart move to bet that they will score etc.
What to Look Out For
As with all types of bets, there are always risks. If there wasn’t, everyone would do it and win a ton of money but that’s just not how things work.
I would say that one of the main things to look out for when you get into Live or Micro betting is your bankroll. Because of how exhilarating it can be, it is easy to lose control and just place bet after bet after bet without keeping a check on how much you are spending.
Make sure you are in control of the money and smart with your bets, you should be able to be successful with Micro Bets.
Go Be A Winner
Even experienced sport betters enjoy these new types of bets and I can tell you that taking part of it can make ANY game you watch be the most exciting one you’ve ever seen.
So, go to your favorite sportsbooks like Stake, Cloudbet, Bc.Game etc and have fun winning!