What is micro betting? The concept explained
As we said above, micro betting takes elements of prop bets and live wagers to create a unique style of betting. Rather than betting on the final result of the game, you can turn your attention to smaller chunks and moments of the game.
For instance, in football, you can look at plays and drives, or in baseball, you can bet on individual innings. This makes for a very intense, but potentially fun style of betting. You need to follow the action, know your sports and move quickly. Because of these traits, micro betting is not recommended for beginners or the casual sports fan who wants to enjoy the game.
Micro gambling - Pros and cons
While micro betting is a new and exciting form of sports wagering that can be found and enhance your overall experience with a sportsbook, there are some downsides. Below, we have highlighted some and main advantages and disadvantages of this betting form.
Advantages
- Can add extra excitement when watching games as a neutral.
- Combines the best elements of in-play and props betting.
- Potential to win if you get it right.
- A great way to use your experience.
Disadvantages
- Not suitable for beginner bettors.
- The fast-paced nature can be addictive.
How micro bets works in action - Some examples using NFL
So, how does micro sport odds betting work in practice? Probably the best example to use first of all is in an NFL game. Before a drive starts, you could head to the “live pros” section of your sportsbook and bet on what could happen in that play.
Examples of some markets include the number of points that will be scored at the end of the drive, if the QB will get sacked or if a pass will be intercepted. But if you want to micronize it even more, some sportsbooks will even allow you to bet on the next play. Before a kicker steps up for a field goal, you can bet on whether or not he will make it.
More examples using other sports
Basketball is a good option for micro gambling - despite its free-flowing nature and the frequency with which points are put on the board. If you wait for breaks in play, you can wager on the next player to score a three-pointer or make a free throw. Race betting is also popular in basketball, and it involves betting on the first team to put 10 or 15 points on the board.
If we look at other free-flowing sports, like hockey and soccer, you can actually bet while play is actually still happening. It is risky, but the fact that goals aren’t scored as frequently as in basketball does allow for this to be done. Markets such as the next team or player to score are popular, as is betting on the number of corners or cards in a game.
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Top tips for micro sports betting online
If you are new to micro betting, then it is important to do a little bit of studying before you actually go ahead and place your first bet. That’s why our experts have put together these top tips for new micro bettors.
First and foremost, make sure that you register an account with a licensed operator in your state. You can find reviews of the best online sportsbooks where you are, right here on this page! Above all else, you should make sure that you are going to be safe and on the right side of the law before you begin gambling.
As well as opening a legit online sportsbook account, you’ll want to make sure that you download the app. Micro betting involves reacting quickly to what is happening during the game, and the best way to do that is to have your phone in your hand with a micro betting app open and ready to go.
Although the key to micro betting involves reacting quickly to what is happening in real time, prior knowledge is also essential. For example, if you are going to bet in-play on Harrison Butker making the next field goal, then you’ll want to know his conversion rate, his longest-range goals and other relevant stats.
While some people can handle it, we recommend that you avoid placing micro bets during a game that a team you support is involved in. Passion can cloud your judgment and stop you from thinking pragmatically. Moreover, you already have your team to cheer on, and so, micro betting can just become an unnecessary discretion.
This advice does apply to all forms of gambling, but it’s of particular importance when it comes to microbetting. The outcome of these bets will be decided one way or another within a very short period of time after you make the wager. As a result, the disappointment of a loss can make it tempting to chase it up with a rebound bet. Don’t do it - resist the urge and stick to your bankroll plan.
Finding the best micro betting site
As we said before, the first thing that you need to do before you engage in micro betting is find the right sportsbook. As well as being legal in your state, the site also has to have a solid sportsbook app and plenty of micro betting markets.
Some of the best sportsbooks for micro wagering out there right now include Bet365, FanDuel and BetMGM. However, there are some other good sportsbooks out there that might be more suited to what you want.
You can find reviews of all the top US sportsbooks and online micro spread betting brokers right here at CaptainGambling. Before you go ahead and look for your ideal micro betting site, here are some things to think about to help you to choose the right one for you:
1. Your favorite sports
First and foremost, some sportsbooks are better for certain sports than others, and that’s especially true when it comes to micro betting. Make sure that the sportsbook that you are looking at has good odds and plenty of markets on the games that matter to you the most.
2. Welcome bonus
The new customer promotion can help get your micro betting journey off to a great start. However, you have to think about what types of promotions suit you best. Do you want a quick and easy bonus bet, or would you prefer a larger deposit match bonus but that comes with stricter conditions?
3. Live streaming rights
Some sports betting apps have streaming rights to certain sports and leagues that have a live wager. If you don’t have a sports package at home, or want to micro bet on the move, then you’re going to need an operator with as many streaming rights as possible.
4. Deposit and bet limits
These days, the minimum deposit limits for US sportsbooks range between $5-20, so most smaller budgets should be covered there. The main problems with micro betting limits can arise for big spenders. Due to the short time span of micro bets, the maximum stake limits tend to be way lower than with pre-game bets. Still, you can do your best to find a side with the highest limits possible if you’re a high roller.
5. Additional features
Last but not least, it’s worth thinking about any other additional features that you might need. For example, a good cashout feature can benefit you if you want to add an extra element to your micro bets. Also, the customizable interfaces can be handy in order to filter out the sports and betting lines that don’t interest you.
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How to find micro betting markets in your sportsbook account
One thing that some of you may already have noticed is that your sportsbook account doesn’t have a “micro betting” category listed for any of the sports we have mentioned. In part, this has made micro betting a blanket term that can cover a large range of markets.
However, most US sportsbooks have at least a few micro bet markets available, you just have to know where to find them. If you click on any live NFL, NBA, NHL, ML, or pretty much any professional sports game, you should find “live props” as an option. As a separate category, “points races” also contain forms of micro betting markets as well.
What does the future hold for micro betting?
As with everything, it’s impossible to predict the exact future of micro betting and how things might eventually pan out. However, what most experts are saying is that it will start to dominate more and more of the market as AI technology continues to develop.
The challenges that sportsbooks face now are offering the odds and settling bets quickly without leaving themselves open to potential risks and losses. With human markets and odds setters, this is something that will always be there, but AI technology will most likely eliminate this issue.
What does this mean for gamblers?
For you as a gambler, this might not necessarily be a bad thing either. This will create fair and transparent micro betting markets, alongside additional tools to help you to control your budget and betting habits.
Micro transaction betting - The verdict
Overall, micro betting is a new and extremely interesting form of online gambling that certainly looks set to grow more and more. In the future, AI participation will likely mean that dedicated micro sportsbooks will become more cutting-edge and widely available.
In many US states, you can already start your journey right now. So why not make use of the sportsbook reviews here at CaptainGambling and find your ideal operator to get started?
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Micro Betting FAQ
❓ What is a micro bet?
A micro bet is a relatively new concept that many industry experts believe will conquer the betting landscape in years to come. We have taken a deep dive into the concept here at CaptainGambling.com, and you can see what the experts think right here in this article.
🏆 What is the best site for micro sports betting?
We have put together this comparison tool so that you can use our reviews to find the best micro betting sportsbook for you. There are actually more sportsbooks with micro bet markets than you might think. As a result, you also have the luxury of considering other elements that matter to you.
🏈 How do micro betting odds work?
In this comprehensive guide to micro betting you can check out how sportsbooks set the odds for this unique and innovative new form of betting. Additionally, you can also compare the odds on your favorite sports with the best betting sites in your state.
🖲 Does micro betting use AI?
There have been claims that AI has a future in the world of online sports betting. But is it already being used? The experts here at CaptainGambling have done their research and reported the findings back to you in this article.
