5 ms·

>> Want to bet on whether the next pitch is a ball or strike? On total field goals in the quarter of a basketball game? Or maybe whether the next football play

by sam1r 4y ago

>> Want to bet on whether the next pitch is a ball or strike? On total field goals in the quarter of a basketball game? Or maybe whether the next football play will be a run or pass? Unless otherwise confirmed or defended — this isn’t even possible, yet - I know you can’t do this on FanDuel, not sure about draftkings. Imo this article is a great wake up call, but it’s not that real-time sophisticated as the op attempts to strongly imply.

francisofascii 4y ago
I am pretty sure I saw real-time bets like that before. (Can't remember if it was DK or FD). But I can only see it working if you are at the live event. Live TV has too much of a delay. You can guess what will happen while watching a live TV event because the odds change on your app before the play happens on your TV.
PaulHoule 4y ago
Prop bets like this have been big in the U.K. for a long time and are available on betting sites in the U.S. Sports betting attracts some sophisticated players who make money like card counters because the odds are variable and it is possible to have better judgement than the crowd, although few bettors are going to succeed at that. Prop bets, however, are for suckers.
- mbg721 4y ago
  The first time I had heard of proposition bets was about a decade ago, when a coworker printed out a list of novelty ones from Bovada for the Super Bowl (things like "How many times will Al Michaels mention the quarterback's brother during the broadcast?" or "How many costume changes will the lead singer make during the halftime show?"). They're nice to keep track of just for fun when you're with a bunch of people at somebody's house anyway, the score isn't close, and nobody really cares about either team. But the idea that somewhere there's serious money on "Will the first score be a run or a pass?" sounded crazy to me at the time.
  - PaulHoule 4y ago
    There is "what color of Gatorade which will be dumped on the winning team" which seems way too easy to fix.
LandR 4y ago
Right now on my sports betting app in the UK, I can bet on a live game that is running right now. I can bet on Goals scored in next 10 mins and over / under on the number of corner kicks in the next 10 mins. This is pretty minor game, I don't know if there are more real time possibilities on larger games.
peter422 4y ago
Bovada live betting did (at one point at least) let you bet on whether the next play in a football game was a run or pass and what the outcome of a baseball at bat was going to be (hit, strikeout, etc). I don’t know about field goals in a basketball quarter but you can certainly now easily bet on the O/U for a quarter totals which is essentially the same thing.
xnorswap 4y ago
Those are called spot bets and spot betting has long been popular and possible. The downside is that it led to a form of match fixing in cricket. Not fixing the whole match because that would take a lot of conspiracy but a bowler throwing a no-ball at a particular time was easy to do and only required the bowler(s) to be in on it. https://en.wikipedia.org/wiki/Pakistan_cricket_spot-fixing_scandal https://en.wikipedia.org/wiki/Pakistan_cricket_spot-fixing_s...
colinmhayes 4y ago
Not only are these currently possible, my theory is that these "micro" bets are the future of live sports and will be the main factor that leagues move away from tv networks and toward their own streaming platforms. There's way, way too much money to be made from impulse bets.

by sam1r 4y ago

francisofascii 4y ago

I am pretty sure I saw real-time bets like that before. (Can't remember if it was DK or FD). But I can only see it working if you are at the live event. Live TV has too much of a delay. You can guess what will happen while watching a live TV event because the odds change on your app before the play happens on your TV.

PaulHoule 4y ago

Prop bets like this have been big in the U.K. for a long time and are available on betting sites in the U.S. Sports betting attracts some sophisticated players who make money like card counters because the odds are variable and it is possible to have better judgement than the crowd, although few bettors are going to succeed at that. Prop bets, however, are for suckers.

mbg721 4y ago
The first time I had heard of proposition bets was about a decade ago, when a coworker printed out a list of novelty ones from Bovada for the Super Bowl (things like "How many times will Al Michaels mention the quarterback's brother during the broadcast?" or "How many costume changes will the lead singer make during the halftime show?"). They're nice to keep track of just for fun when you're with a bunch of people at somebody's house anyway, the score isn't close, and nobody really cares about either team. But the idea that somewhere there's serious money on "Will the first score be a run or a pass?" sounded crazy to me at the time.
- PaulHoule 4y ago
  There is "what color of Gatorade which will be dumped on the winning team" which seems way too easy to fix.

LandR 4y ago

Right now on my sports betting app in the UK, I can bet on a live game that is running right now. I can bet on Goals scored in next 10 mins and over / under on the number of corner kicks in the next 10 mins. This is pretty minor game, I don't know if there are more real time possibilities on larger games.

peter422 4y ago

Bovada live betting did (at one point at least) let you bet on whether the next play in a football game was a run or pass and what the outcome of a baseball at bat was going to be (hit, strikeout, etc). I don’t know about field goals in a basketball quarter but you can certainly now easily bet on the O/U for a quarter totals which is essentially the same thing.

xnorswap 4y ago

Those are called spot bets and spot betting has long been popular and possible. The downside is that it led to a form of match fixing in cricket. Not fixing the whole match because that would take a lot of conspiracy but a bowler throwing a no-ball at a particular time was easy to do and only required the bowler(s) to be in on it. https://en.wikipedia.org/wiki/Pakistan_cricket_spot-fixing_scandal https://en.wikipedia.org/wiki/Pakistan_cricket_spot-fixing_s...

colinmhayes 4y ago

Not only are these currently possible, my theory is that these "micro" bets are the future of live sports and will be the main factor that leagues move away from tv networks and toward their own streaming platforms. There's way, way too much money to be made from impulse bets.