What Is Micro-Betting And How Does It Work?

Online sports betting is expanding daily, and bettors have various options to place a bet. Among the leading in popularity formats of betting is in-game betting, whereby bettors place a bet on an ongoing game. 

Micro-betting is more of a subdivision of live betting that is now a new trend in the online gambling world that is widely growing in popularity.

What Is Micro-Betting?

Let’s begin by answering the common question – what is micro-betting, and how does it work?

Micro-betting is a new way to bet on sports that are growing in popularity. With micro-betting, you can bet on specific plays or events during a game instead of betting on the game’s outcome. 

This allows you to get more involved in the action and win more money. But, first, let’s take a closer look at how micro-betting works. Micro-betting allows you to place bets on specific plays or events during a game.

Numbers and odds change quickly in micro-betting, so you need to be more proactive in wagering in. To make a micro-bet, you’ll need to find a bookmaker and decide how much you want to bet.

When making a micro-bet, you’re essentially betting that something will happen. For example, you could bet on whether the next play will be a run or a pass, who will score the next point, or what the final score will be. If your prediction is correct, you win, but if the team doesn’t score first, you lose your bet.

With micro-betting, you can get more involved in the action and potentially win more money. It’s also a great way to hedge your bets and minimize risk.

Where Can I Find Micro Betting?

There are a few different places where you can find micro-betting. Some bookmakers will offer it on their sportsbooks, while others have separate websites dedicated to micro-betting. You can also find micro-betting on some online casinos.

For sportsbooks in Michigan, Caesars is one of the most popular options for micro-betting. This website is a fantastic choice for players to place micro bets. You’ll find a variety of live markets with odds that are updated and real-time.

Other popular sportsbook options in Michigan include Betriver, Golden Nugget, Fanduel, Draftkings, and Barstool sports.

So, if you’re interested in trying out micro-betting on sports or casino games, there are plenty of different options available for you.

Best Sports to Micro Bet

No matter what sport you like to bet on, there’s likely a way to micro-bet on it. That said, some sports are better suited for micro-betting than others. Here are a few of the best sports to micro-bet on:

Football

Soccer is a global sport with a huge following. There are hundreds of professional leagues and thousands of games yearly, so there are plenty of betting opportunities. Soccer offers betting options, from simple win/loss bets to more complicated ones like a first goalscorer.

Tennis

ennis is another great sport for micro-betting. It offers thousands of matches yearly, from small local tournaments to major international events like Wimbledon. Since tennis is a relatively simple sport, it’s easy to understand the betting odds and make informed betting decisions.

Baseball

This is one of the most interesting micro-betting categories. In baseball, wagering settles in seconds. So it allows you to earn from your bet in less than 30 seconds.

Other sports include basketball, horse racing, Golf, and Hockey.

Most Popular Micro-bets

Some of the most popular micro-bets include:

Baseball

Baseball is the best category for short-term betting. Most of the bets are straightforward and have a short turnaround time.

In this category, focus on betting on events such as pitch results, batting results, Inning money line, and total, and the team to score in a selected inning.

National Football League (NFL)

If you’re a football fan, the NFL offers exciting micro-betting opportunities. For example, you can bet on what specific play your favorite team will do in the game or if they win by throwing the ball over a set line of the other team’s defense.

You can also bet on other specific details such as field goal kicks, prediction on the next drive result, or the next play result.

National Basketball Association (NBA)

The NBA involves fast-paced matches that make it more challenging to place micro-bets. You can only find bets for the next field goal where you predict whether it will be a two-pointer or a three-pointer shot.

National Hockey League (NHL)

It is difficult to find micro bet opportunities at NHL unless you wager on the time a goal score takes. You can bet that a team will score in the 20-minute time frame or less, and so on.

Golf

The structure of golf allows for plenty of chances for micro-betting. You can bet between holes and swings and also predict who will be the hole winner between two gold players.

Soccer

Soccer offers endless opportunities for micro-betting. You can wager on the Next Goal, 2-way or 3-way money lines, and the total corner kicks for the listed time.

Micro Betting Vs. Live And Prop Betting

Micro-betting is a type of wagering that allows players to bet on smaller details within a game instead of the overall outcome. For example, in basketball, you could micro-bet on which team will score the next basket or how many points will be scored in the next minute.

Live betting, on the other hand, is when you bet on the outcome of a game that is already in progress. So, for example, you could place a live bet on who will win the next tennis match at Wimbledon.

Prop betting is similar to micro betting in that you’re betting on smaller details within a game. However, prop bets are usually more specific and may not directly relate to the game’s outcome. 

For example, you could place a prop bet on whether or not a player will score a touchdown in the next football game.

Risks Associated With Micro Betting

Micro-betting can be a great way to make money, but just like any other wager, there is also a risk involved.

The biggest risk with micro-betting is that you can lose a lot of money quickly. Since the bets are made on small details, one lousy bet can cost you a lot of money.

Another risk is that you might get addicted to micro-betting and spend more money than you can afford to lose.

If you’re going to micro-bet, it’s important to set a budget and stick to it. Only bet what you can afford to lose, and never chase your losses.