Micro betting allows players to bet on very specific or smaller aspects of a game with higher stakes or make bets right before significant events occur in the game.
Our experts will explain everything related to micro betting, including what it is, its benefits, and the risks associated. This will allow you to make informed decisions when engaging in this type of betting.
Micro Betting Explained
Micro betting is a newer type of gambling where people bet on specific events during a match or game rather than on the game’s final outcome.
The name “micro” suggests that these bets focus on small moments in the game, like the number of goals scored in a certain time period, home runs hit, or penalty kicks given.
Its appeal lies in the rapid outcomes, as bettors can find out if they’ve won or lost much faster. This factor has contributed significantly to the surge in the popularity of micro betting in recent times.
How Has Micro Betting Evolved?
The popularity and expansion of micro sports betting are closely linked to the increasing use of sportsbook apps for online betting.
Thanks to advancements in technology, sportsbooks can now process data in real time and offer odds rapidly. This allows bettors to promptly react to fluctuating odds and place their bets without delay or hesitation.
Micro betting has improved the quality of live betting, creating a range of exciting short-term markets across multiple sports. Although this form of betting can carry higher risks than traditional wagering forms, it offers the potential for higher rewards and an extra layer of excitement to in-play sports gambling.
Wager With Micro Betting Apps
Again, technology has improved significantly, allowing operators to provide sportsbook micro betting apps. These apps provide live odds, fast payouts, and hundreds of exciting short-term markets to choose from.
You can get started with a micro betting sportsbook app either by downloading the app or accessing the betting site via your mobile browser, and then create an account.
During the sign-up process, you’ll need to provide some personal information, such as your name and address. Once you agree to the terms and conditions and confirm your account via email, you can choose your preferred payment method and deposit funds into your account to start micro betting.
The choice of which sportsbook(s) to use is entirely up to you. However, there are advantages to having accounts at multiple online bookmakers.
By having accounts at multiple sportsbooks, you can compare odds and find the best ones for the bets you want to place. Also, different sportsbooks may offer varying micro betting markets, providing you with more choices and opportunities.
What Are The Best Sports For Micro Betting?
Let’s delve into some of the most popular micro bets you’ll find at betting sites, sport by sport.
NFL
The NFL is the most popular professional sports league in the United States, drawing immense viewership and betting activity. Given its popularity, it’s no surprise that NFL oddsmakers offer a plethora of diverse micro bets for each game, such as the next play result, the next drive result, and field goal make/miss.
When you bet on a specific play, you’re predicting what will happen or what type of play will be used. For example, you might bet on whether the team will score, turn over the ball, or punt during the next drive. And when teams prepare for field goals, you might even be able to bet on whether the kick will successfully go through the uprights.
NBA
Basketball games are fast-paced, making it a bit trickier to place small bets during NBA games compared to other sports. However, with the right approach, micro betting is still possible in basketball. We recommend watching the game as you bet to stay updated and make more accurate predictions.
One popular micro betting option for NBA games is the ‘Next Field Goal’ market. Here, you can bet on whether the next basket will be a two-pointer or a three-pointer. The three-point option usually offers better payouts, especially since three-point shots are so significant in today’s NBA.
NHL
Hockey, like basketball, is a fast-paced game, so it can be tough to spot micro betting chances since everything moves so quickly.
However, there are still micro betting options available in the NHL, like the ‘Goal Scored – Listed Time’ bet. Here, bettors select a 10-minute period during the game and decide whether a goal will be scored in that time frame by selecting ‘yes’ or ‘no.’
MLB
Baseball, a sport rich in statistics, is perfectly suited for micro betting. Unlike basketball and hockey, where the action is constant, baseball’s pace allows for more strategic betting opportunities.
Some micro betting options in MLB include inning moneyline or total, where instead of wagering on the entire game outcome, you can bet on which team will score more runs in a specific inning or predict the total combined runs for that inning. Additionally, there’s the option to bet on whether a team will score in a listed inning.
For those seeking more individualized bets, wagers can be placed on the result of individual at-bats. Lastly, for those looking for rapid action, bets can be made on the result of the next pitch, although quick decision-making is necessary.
Golf
PGA Tour events are popular for micro betting on mobile sportsbooks because of the deliberate pace of golf. With intervals between shots, bettors have opportunities to place their micro bets, such as predicting the winner of a specific hole between two playing partners.
For each hole, bettors are offered a three-way moneyline, including both players and a tie as options. Usually, the tie is favored, but picking an individual player to win a hole offers a bigger payout. These bets can’t be made while the hole is in play, but the lines become available shortly before the group reaches the hole being offered.
Tennis
Tennis provides many opportunities for small wagers, making it a valuable addition to any sportsbook.
Bettors can wager on various aspects of the game, like how many times each player hits the ball or how often it goes off-court, among other events. However, the relatively longer duration of tennis matches might put some bettors off despite the variety of micro betting options.
Soccer
Soccer has numerous leagues worldwide, offering plenty of micro betting opportunities for online sportsbook users. Whether you’re into the English Premier League, La Liga, Major League Soccer, or the World Cup, you’ll find multiple micro betting options like predicting the next goal or betting on the number of corner kicks within a specified time frame.
These are some basic options, but there could be more depending on the match, league, and sportsbook. The three-way moneyline for the next goal allows you to predict if a goal will be scored by either team or if there will be no more goals (a tie). The two-way moneyline excludes the tie option and refunds all bets if no more goals are scored.
Betting on corner kicks within a listed time frame is similar to NHL betting. Bettors choose a span of five or ten game minutes and predict whether a corner kick will be awarded, selecting either ‘yes’ or ‘no.’
What Are The Advantages Of Micro Betting?
Let’s take a look at the advantages of micro betting.
Flexibility
The main advantage of micro betting is its flexibility. It allows players to bet during a game on various opportunities, offering more options than traditional betting.
Each opportunity is unique, ensuring that players can always bet on their preferred events. This makes micro sports betting more exciting than other forms of wagering, benefiting both players and operators.
Bets Are Settled quickly
Another advantage of micro betting is its speed; results come quickly after placing a bet. This contrasts traditional betting, where the wait for results can induce stress and anticipation.
Reduced Risk
Micro betting strikes a balance between excitement and stress by allowing players to divide their budget and bet in smaller amounts. This reduces the fear of losing everything in one go.
Convenience
Additionally, players can easily skip micro betting opportunities without worrying about missing out, unlike traditional betting, where uncertainty may lead to risky decisions or skipping the bet entirely.
Entertainment Value
Moreover, micro betting is fast-paced, making it more entertaining and thrilling for players. This enhanced experience boosts user retention rates for operators.
What Are The Negatives Of Micro Betting?
Now, let’s take a look at the disadvantages of micro betting.
Streaming Quality
A high-quality stream of an event is crucial for the player’s experience in micro betting. Integrated streaming enhances micro betting by synchronizing wagering options with the game’s events.
That said, delays or latency can disrupt the fast-paced nature of micro betting, emphasizing the importance of minimal latency for both operators and players.
Limited Betting Data Providers
Most wagering companies rely on betting data providers, but there are fewer providers for micro betting, often at higher costs.
Technical Complexity
Many micro betting operators use in-house solutions, employing machine learning and artificial intelligence algorithms to deliver wagering options quickly during a game. These algorithms require significant computational power and quick delivery to ensure players have enough time to decide on their bets.
Sportsbook Crashes/Slowdowns
With numerous players betting simultaneously during each opportunity, operators’ network infrastructure may face stress, leading to slowdowns or crashes.
Real-Time Sports Betting Not Easy
Micro betting relies on real-time viewing of sports matches, which can pose challenges for international users or those focusing on specific regions with inconvenient match times. Some sportsbooks may even struggle to offer micro wagering on popular championships due to time zone differences or limited access to real-time streaming.
Best Betting Tips, Hints and Strategies
Let’s take a look at some tips and strategies that can help improve your micro betting skills, so you can increase your wins and payouts.
Conduct Research and Team Analysis
A good understanding of players in action and team news is crucial for success when it comes to micro betting. With limited time to make decisions, it’s important to be well-informed about the parties involved in the game you’re betting on.
Factors such as injury status, coaching/player tendencies, and matchups between offensive and defensive personnel, for example, can significantly impact the outcome of micro bets.
Practice Responsible Gambling
Setting limits and practicing responsible gambling in micro betting is key to managing your bankroll effectively. While micro betting can be exciting and profitable, it can also lead to substantial losses if not approached with caution.
Due to its fast-paced nature and continuous action, it’s easy to lose track of wins and losses, risking a significant portion of your balance in a short period of time.
Utilize Real-Time Data
Leveraging real-time information and game insights is essential for maximizing success in micro betting. With limited timeframes and rapid decision-making required, bettors must utilize available real-time data and game insights to inform their betting decisions.
Whether it’s watching the game live, streaming on the betting site, or analyzing displayed infographics, staying informed about unfolding events during the game is crucial.
Get Familiar With Preferred Sportsbooks
Familiarizing yourself with each sportsbook’s interface and the data they provide allows for quick and informed decision-making, increasing the likelihood of making profitable micro bets.
Can You Do Micro Prop Bets?
Yes, you can take part in micro prop bets. A subset of micro betting, micro prop bets cover various aspects of the game, including individual player performances, specific plays, or particular happenings within a specified time period.
For example, in soccer, you can bet on a specific player to score within the next 10 minutes or in the NBA, you may predict whether a player will make their next free throw. There are so many betting options for micro prop wagering across various major sports. This bet type adds excitement to sports betting and increases a bettor’s potential payouts.
How To Find Micro Betting Markets at US Online Sportsbooks
Below is a simple guide to help you quickly locate the micro betting lines and place your bet. We’ll use BetOnline for this example.
- Sign up or log in to your account
- Select the ‘Live Betting’ section
- Find the sport and specific game you want to wager on
- Click on the game to see the available bets. Look for sections like ‘Live Props’ or ‘Popular’ to find bet options
- Once you’ve chosen your bet, add it to your bet slip, place your bet, and wait for the outcome
