For those who like to place a wager on motorsport, there are many different sports you can bet on. One of those is NASCAR, a popular series of races that many people follow and wager on.
The betting industry has gone through many changes over the past decade and one of those changes has been the introduction of live betting. This means you can be during play, rather than placing your bets before the action starts.
This means you can evaluate what is happening in the race and bet based on that, rather than trying to work out what you think will happen based on car performance, driver ability and anything else you use to place your bets.
How Betting in Play Works
The concept of betting in play is still new enough so that some gamblers may not know how to use it to the best advantage. Let’s take a NASCAR race as an example here.
You can place a wager before the race begins, which is betting in the traditional sense. When doing this you are betting based on what you think may happen and you use your NASCAR knowledge and expectations for each driver as the basis for your bet.
The earlier you place your bet the less control you have over things such as grid positions, the weather and anything else that could affect your bet while it is taking place. You cannot fully control any of these if you bet in the traditional sense.
Winning while gambling involves having as much in your favour as possible, when betting in play you have that, and you can use that to your advantage.
Why Live Betting is a Perfect Fit for NASCAR
While NASCAR doesn’t have the same number of betting markets as a bigger motorsport such as Formula 1, it is still a perfect fit for live betting.
Like with many other motorsports, events can have a drastic impact on the outcome of a race. This could be an early crash that key racers get caught behind, a change in the weather to favour someone, car problems causing pit stops and much more.
You can watch all of this unfold and bet according to what you feel will happen next. Of course, another big incident could happen straight after your bet is placed, but that is the fun and exciting part of live betting and you can also Build a Parlay to yield a massive payout.
A winning live bet often feels like two victories. This first is getting in at the right time and placing the bet at the best odds, while the second is actually winning the wager itself.
Could We See More Live Betting Markets in the Future?
This is certainly something that could happen. Live betting continues to rise, we are seeing more ways to bet and more sports covered so look out for this to continue.
The top bookmakers are the ones to keep an eye on, they have the ability to create new markets and push this forward.
There may be some people out there thinking about the regulated vs unregulated bookmakers argument, but regulated bookmakers win every time and this especially the case with features such as live betting.
If you are not only looking to place live bets but you want the best possible service with the most markets and ultimate enjoyment, you will find that with a regulated bookmaker.
What we have on offer right now is very good, assuming people use it and bookmakers feel it is worth their time and effort, this is something that will only get better in years to come.